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$30K BTC price has 'severe impact' on Bitcoin miner profits — analysis
10.6.2022
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help
Yellen doubts crypto’s place in 401(k), says Congress could regulate
10.6.2022
A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”
Tim Draper Still Sees Bitcoin (BTC) Surpassing $250k By Year End. Can Gnox (GNOX) Redefine the DeFi Space?
10.6.2022
Legendary venture capitalist Tim Draper made waves in the crypto community when he predicted Bitcoin would fly to $250,000 by the end of 2022 during a CNBC interview in June 2021. With Bitcoin currently trading at around $30,000, moving in a band between $28,000 and $31,000, the end of Q2 is...
Global Bitcoin adoption to hit 10% by 2030: Blockware report
10.6.2022
Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for additional take-up, says Blockware Intelligence
Bitcoin and Ethereum Fluctuate in a Range, LINK and XTZ Outperform
10.6.2022
Bitcoin price remained below the USD 31,200 resistance and moved towards USD 30,000 again. BTC is currently (03:52 UTC) trading below USD 30,200 and is unchanged in a day and down 1% in a week. A clear move below USD 29,500 could start a stronger decline.
Similarly, most major altcoins...
Mad Money’s Jim Cramer Offers Advice on Cryptocurrency Investing
10.6.2022
The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying crypto,” he said, adding that he himself owns ethereum. Jim Cramer’s Advice on Crypto Investing Jim Cramer, the host of Mad Money, gave some advice...
‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn
9.6.2022
The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that...
Bullish Sentiment Returns to Gold as Bitcoin Underperforms
9.6.2022
Bullish sentiment has seemingly returned among retail investors in the gold market, after what has now been five months of strong outperformance of bitcoin (BTC) by gold in 2022....
Read More: Bullish Sentiment Returns to Gold as Bitcoin Underperforms
Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
9.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Hawkish ECB Intentions, Tether on Tezos, Osmosis Promises to Cover Losses + More News
LUNA2 traders are increasingly short despite 67.5% rally, $4 million liquidated
9.6.2022
Downside pressure for Terraform Labs' LUNA2 mounts amid investigations and rumors from a "Terra insider."
Bitcoin stocks correlation 'feels like' 100% as $30K BTC price frustrates
9.6.2022
Bitcoin simply will not budge from its multi-week range, and morale is suffering as a result
Optimism Rises Towards Grayscale’s Bitcoin ETF Application as Star Legal Counsel Joins Team
9.6.2022
Leading voices in the crypto industry are optimistic that Grayscale, the major cryptoasset management firm behind the Grayscale Bitcoin Trust (GBTC), will be successful in getting the necessary approvals to convert the trust to a spot-based bitcoin (BTC) exchange-traded fund (ETF)....
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Bitcoin, Ethereum Technical Analysis: ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report
9.6.2022
BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin Bitcoin was attempting to stay above $30,000...
New Law Will Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry
9.6.2022
Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that will ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira...
Close to 1 in 3 Surveyed Hedge Funds Plan Crypto Investments - PwC
9.6.2022
Close to one out of three – or 29% – of hedge funds that are not yet invested in digital assets say they are looking to invest or are in late-stage planning for investments in the space, a new survey by consulting giant PwC has revealed.
The survey was conducted in the 1st quarter of 2022 on...
Bitcoin will finish 2022 ‘flat, possibly up’ says analyst as Saylor bets on $1M BTC
9.6.2022
Mixed messages on BTC price action as Fundstrat's Tom Lee hopes Bitcoin has "already bottomed."
Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa
9.6.2022
A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann...
Hong Kong Regulator Reminds Investors of Risks Associated With NFTs
9.6.2022
Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks. NFTs ‘Straddle the Line Between Collectibles...
Bitcoin and Ethereum Still Stuck In Range, THETA and HNT Rally
9.6.2022
Bitcoin price failed to clear the USD 31,500 resistance zone and corrected below USD 30,500. It is currently (04:01 UTC) trading near USD 30,300 and is up 1% in a day and almost 2% in a week.
Similarly, most major altcoins are also range-bound. ETH traded below the USD 1,820 and USD 1,800...
South Korean Crypto Exchanges Prepared to Self-regulate, Says Ruling Party
9.6.2022
South Korea’s ruling political party – the People’s Power Party – has stated that the nation’s leading crypto exchanges have created plans that could see them form a self-regulating body that could be empowered to take cross-platform decisions on matters such as delisting and the suspension...