Quick Look
New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries
A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold...
Vaneck Files Prospectus With US Regulator to Launch a Bitcoin Mutual Fund
On June 21, the wealth manager Vaneck filed a prospectus to launch what it calls a Bitcoin Strategy Fund. The prospectus filed with the...
Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K
Bitcoin price is still in a rut, trading near $33,000 and trapped in a downtrend that just seems to get worse with the passing of each...
Salvadoran Representative Introduces Lawsuit Against the Bitcoin Tender Law for Being Unconstitutional
Jaime Guevara, a Salvadoran representative, presented a lawsuit against the recently approved bitcoin tender law today. Guevara alleges...
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the...
Bitcoin price clings to $32K as on-chain metrics hint at further downside
Cryptocurrency investors awoke to another round of price declines on June 22 after the price of Bitcoin (BTC) dropped to a 6-month low at...
As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how...
A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
Bitcoin (BTC) plunged 7.38% to hit a five-month low of $29,313 on June 22 as the market faced the prospect of another sell-off, this time...
Iran Seizes 7,000 Bitcoin Mining Machines
Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an...
Rescuing crypto workers from terrible US job conditions: John Paller
John Paller is training a new generation of blockchain workers and giving them the tools to live free from the chains of full-time...
Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still Optimistic
The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value...
Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin...
DeFi hub Karura emerges as first Kusama parachain slot auction winner
Karura network has emerged as the winner of the maiden Kusama parachain slot auction. According to an announcement issued on Tuesday,...
Bitcoin drops below $30K to 6-month lows: Watch these next price support levels
Bitcoin (BTC) fell under $30,000 on Tuesday as the latest BTC price dip took the largest cryptocurrency below a significant “line in the...
Hedgeye: This Model Predicts Bitcoin at $1,000,000
Analysts at Hedgeye Risk Management, an investment research and financial media company based in Stamford, Connecticut, have analyzed the...
Cointelegraph Consulting: A review of SushiSwap roll-outs
Launched in August 2020 as a fork of the Uniswap decentralized exchange, SushiSwap briefly surpassed its competitor. Now ranking third...
Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far
Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the...
‘Say something, Elon Musk!’ Dogecoin sheds $70B in market cap since SNL
Dogecoin (DOGE), Elon Musk’s pet favorite cryptocurrency, has shed tens of billions of dollars in value since he publicly plugged it...
Sotheby’s Auctioning Rare Diamond Worth $15 Million, Cryptocurrencies Accepted
Sotheby’s, the world’s largest auction house, is auctioning a rare, 101.38-carat flawless diamond estimated to be worth $15...
Bitcoin bear market confirmed? Analysts at odds over whales’ BTC exchange moves
Bitcoin (BTC) is “confirming” a bear market because whales are still sending large amounts of BTC to exchanges. That’s...
Nicolas Maduro States Venezuela Pioneered Crypto Adoption in South America as Petro Use Flounders
President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week....
Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back
The highly anticipated Nasdaq debut of renewable energy-focused BTC mining firm, Bitfarms (BITF), saw the company’s stock fall by as much...
Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live...
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese...
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
The growth of stablecoin’s market cap and circulating supply has been one of the best indicators for attaining a general pulse on...
Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining...
Financial Advisor Ric Edelman Sees ‘Tremendous Investment Opportunities’ in Bitcoin
Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in...
Price analysis 6/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell. Bitcoin (BTC) dropped over...
Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry
Bitcoin (BTC) price dropped roughly 22% over the past 7 days, retesting the $31,700 area for the second time in June. The most pressing...
Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain...
400+ Miners Seized in Venezuela Due to Lack of Permits
Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations. Local reports indicate military...
Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC
The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a...
The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin
The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5...
Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K
Bitcoin (BTC) bulls should look for a cover, at least as far as chart technicals are concerned. The flagship cryptocurrency continued its...
PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately
China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with...
New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest...
Bitcoin price dips to $32.5K on ‘consistent’ new China FUD
Bitcoin (BTC) shed $1,000 in minutes on June 21 as fresh news from China succeeded in routing bulls yet again. BTC/USD 1-hour candle chart...
China’s 3rd largest bank ‘rugs’ BTC: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is lower going into a new week’s trading — Monday has seen a test of levels below $33,000 and bulls are struggling. What...
Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin
As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based...
TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers: Report
TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of...
$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’
The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for...
Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El...
Minneapolis Fed President Neel Kashkari calls DOGE a ponzi
Federal Reserve Bank of Minneaopolis President Neel Kashkari took a jab at Dogecoin (DOGE) last week by referring to the meme coin as a...
Billionaire Steve Cohen: ‘I’m Doing a Deep Dive Into Crypto, I’m Fully Converted, I’m Not Missing This’
Billionaire investor and CEO of Point 72 Asset Management, Steve Cohen, says he is taking a deep dive into cryptocurrency. Emphasizing...
4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds
In an interview with CNBC on June 14, legendary investor Paul Tudor Jones sounded the alarm over advancing inflation. After last...
‘Big Short’ Investor Michael Burry Warns of ‘Mother of All Crashes’ — Says Crypto’s Problem Is Leverage
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.”...
Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub...
Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP
The U.S. Federal Reserve’s plans to advance its timeline for rate hikes to 2023 has led to profit-booking in the U.S. stock market, gold,...
Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting
The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation...
Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place...
Bitcoin price can hit $450K in 2021, $135K is ‘worst-case scenario’ — PlanB
Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.”...
Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross...
Tehran Government Bans Iran Blockchain Association
The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the...
Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour...
Bank of Uganda Launches Regulatory Sandbox Framework — One Fintech Firm Already Approved
The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that will allow fintech start-ups to test their innovative...
NFT art galleries: Future of digital artwork or another crypto fad?
As nonfungible token (NFT) art continues to develop as an industry, a new trend is quickly emerging: physical NFT galleries featuring...
Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires...
Global Nonprofit Operation Smile Opens Its Doors to Crypto Donations
The global nonprofit Operation Smile has announced the organization is now accepting crypto assets like bitcoin and dogecoin. The...
Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today’s Top Machine
Regional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and...
Cornell Economist Says Bitcoin Has 3 Flaws Driving People to Search for Better Alternatives
Cornell University professor of economics and former head of the IMF’s China division, Eswar Prasad, sees three major flaws in...
Rich Dad Poor Dad’s Robert Kiyosaki Warns of ‘Biggest Crash in World History’ — Expects $24K Bitcoin Price
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted the “biggest crash” in world...
Grayscale Considering 31 Crypto Assets for Investment Products
Grayscale Investments is considering 31 crypto assets to add to its family of investment products. The company, with $32.9 billion in...
Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
3 reasons why Ethereum may underperform Bitcoin in the short-term
Ether (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380...
Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery
Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces....
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
At the moment, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as...
More Than Two Dozen Crypto ATMs to Be Installed in Texas-Based H-E-B Grocery Stores
H-E-B shoppers will soon be able to obtain digital assets at more than two dozen locations in Texas. Coin Cloud, a crypto automated teller...
Ethereum faces largest ever options expiry as bears appear to dominate
Ether (ETH) faces its largest options expiry ever on June 25 as nearly $1.5 billion out of $3.3 billion notional open interest (OI) in ETH...
A RUNE with a view: How smart crypto traders caught a 48% price pump
Disparities in information access and data analytics tech are what give institutional players an edge over regular retail investors in the...
$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the...
Indian Rapper Raftaar to Be Paid in Cryptocurrency for Upcoming Performance in Canada
Indian rapper Raftaar is reportedly accepting cryptocurrency for his upcoming performance in Canada. “Nevertheless, I’ve...
Indian ‘Crypto King’ Arrested by Narcotics Control Bureau — Wazirx Says Not Our User
India’s Narcotics Control Bureau (NCB) has arrested a Mumbai resident known as “crypto king,” who allegedly used bitcoin...
Bitcoin may lose $30K price level if stocks tank, analysts warn
The ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the...
Basketball Players in Canada to Be Paid in Bitcoin
CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their...
Spanish Deputies File Proposal to Accelerate the Creation of a Digital Euro
A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on...
Ledger Customers Are Being Mailed Fake Wallets to Steal Their Private Seeds
Ledger customers are receiving fake wallets by mail to steal their cryptocurrency. A user in Reddit reported receiving a suspicious...
Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading
Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish...
Hawkish Fed comments push Bitcoin price and stocks lower again
Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president...
Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies
Generating momentum and attracting investor attention can be a challenge during the best of times in the cryptocurrency market and it is...
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide...
Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve...
Cointelegraph Consulting: Report pictures a crypto-consumer portrait
Bitcoin’s status as legal tender in El Salvador has recently sparked a new round of discussion concerning Bitcoin (BTC) and its role in...
Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that...
NASCAR Driver Landon Cassill to Be Paid in Cryptocurrency for the Remainder of the Season
The American professional stock car racing driver, Landon Cassill, has announced he has partnered with the crypto-asset platform Voyager...
Crypto-Powered Investing App SimpleFX Launches $50,000 “Euro 2021 Trading Cup”
Are you a crypto trader looking for a fun opportunity to earn more returns or a soccer fan who wants to add some excitement during the...
Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year
A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of...
Even Elon Musk can’t save Dogecoin from crashing another 60%, analyst asserts
If one looks at Dogecoin (DOGE) charts from the point of view of a financial chartist, he/she will notice an alarming presence of a...
Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’
Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find...
Bitcoin price falls below $37K amid little hope of a definitive weekend bounce
Bitcoin (BTC) broke below $37,000 during trading on June 18 in the latest short-term bearish sign for hodlers. BTC/USD 1-hour candle chart...
Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals
Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city...