Quick Look
Bitcoin hits $37.5K amid warning Thursday will see next BTC price correction
Bitcoin (BTC) neared $38,000 in a strong comeback on June 10, but forecasts are mounting over an imminent retracement. BTC/USD 1-hour...
‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy
The Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption of fintech technologies, a new strategy reveals....
China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down
Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in...
South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme
New submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies...
Denmark to Revise Tax Law to Target Cryptocurrencies
The Danish tax ministry is reportedly mulling over revising the country’s tax law to deal with the challenges posed by...
Bullish reversal? Traders debate whether $37K BTC price is a trend reversal
The cryptocurrency market flashed bullish on June 9 as Bitcoin (BTC) price reversed course and rallied 20% to $37,500. For the past few...
Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank
Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will...
$160 Billion Asset Manager Entering Crypto Market in Collaboration With Nasdaq
An asset management firm with nearly $160 billion in assets under management, Victory Capital, has announced that it is entering the...
Price analysis 6/9: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, SOL, BCH
Bloomberg Intelligence senior commodity strategist Mike McGlone believes that Bitcoin (BTC) is more likely to rally to $40,000 than slump...
Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination...
The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad
PRESS RELEASE. Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following...
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of...
Can a rising CPI boost Bitcoin? 3 reasons BTC price is rebounding above $36K
Bitcoin (BTC) price reclaimed $36,000 heading into the New York session Wednesday as investors awaited fresh data on inflation in May and...
Here’s what would happen to Bitcoin if the government tried to take it over
On June 7, the United States government task force seized more than $2 million in Bitcoin (BTC) to pay a ransom following an attack on the...
Interactive Brokers to Launch Cryptocurrency Trading End of Summer, CEO Reveals
Interactive Brokers will add cryptocurrency trading to its platform by the end of the summer, CEO Thomas Peterffy has revealed. The...
Bitcoin Price Prediction for June 2021
Bitcoin is in recovery mode and bulls may push for $40k and above levels as the positive sentiment is fuelled by long term hodlers The...
Ethereum Price Prediction for June 2021
Ethereum becomes the new top favorite cryptocurrency of institutional investors, and is posting a healthy recovery Ethereum (ETH) along...
Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down
An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong...
Bitcoin price gains 6% as Bloomberg analyst favors $40K over $20K next
Bitcoin (BTC) is “more likely” to hit $40,000 than $20,000, Bloomberg argues, as the largest cryptocurrency gains 6% in a day. BTC/USD...
Major US trading platform Interactive Brokers to offer cryptocurrency trading
United States foreign exchange company Interactive Brokers will offer direct cryptocurrency trading to clients within months, a report...
Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 ‘Sleeping Bitcoins’ from 2010
Two months after the mystery mining whale from 2010 transferred a string of 20 block rewards with 1,000 bitcoin on March 23, it seemed as...
Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the...
Bitcoin and Ethereum transaction fees sink 95% from all-time highs
The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction...
Chinese search engines block results for top crypto exchanges
China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news...
Dogecoin frenzy forces UK fund manager to offload $1.1-billion Bitcoin stash
United Kingdom-based fund manager Ruffer liquidated its $600-million Bitcoin (BTC) bet after growing nervous about the speculative frenzy...
Uganda Museum Collaborates With Software Development Firm to Create NFTs for Display on Binance Marketplace
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts...
Crypto Payments App Bottlepay Is Now Available Across Europe
U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will...
Bitcoin price targets $35K bounce level on El Salvador legal tender milestone
Bitcoin (BTC) headed towards $35,000 on June 9, boosted by historic news that El Salvador had made it legal tender. BTC/USD 1-hour candle...
NYAG Court Order to Shut Down Coinseed Succeeds, CEO Creates Profanity Token for Attorney General
The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai...
El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose...
Grand Theft Auto 6 to Feature a Fictional Cryptocurrency
One of the biggest franchises in the videogame industry, Grand Theft Auto, will feature in-game payments of “bitcoin” or...
Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift
Mike Novogratz declared institutional investors are waiting for the next narrative shift in a recent interview at the Bitcoin 2021...
Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment System
Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to...
Elon Musk Agrees With Vitalik Buterin on Dogecoin and Ethereum Collaboration
Tesla CEO Elon Musk said he “pretty much” agrees with Ethereum co-founder Vitalik Buterin about a collaboration between...
Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest...
Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story
On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery” of...
Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’
Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants...
IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate...
Bitcoin sell-off likely played a key role in boosting Gold’s appeal
May was a testing time for cryptocurrencies like Bitcoin (BTC). The flagship digital asset was already wobbling after rallying to nearly...
Skybridge Capital Says Bitcoin Still Has More Upside Than Gold
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting...
British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says...
Rogue states dodge economic sanctions, but is crypto in the wrong?
When the United States first began going after crypto companies for violating its economic sanctions rules, it didn’t exactly start with a...
Bitcoin price nears $30K as estimates reveal $19K support floor
Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent....
Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven...
Kraken’s Jesse Powell Doubles Down on Huge Year-End BTC Price Prediction
Daily Hodl Jesse Powell, CEO of crypto exchange Kraken, is doubling down on his huge year-end price prediction for Bitcoin...
White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows...
Asian hedge fund managers favor growth over Bitcoin: Goldman Sachs survey
Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but a Goldman Sachs...
Ethereum bull trap? ETH price signals breakdown versus Bitcoin
A recent run-up in Ether (ETH) prices against its top rival Bitcoin (BTC) appears to be at the risk of exhaustion even as analysts see the...
Bitcoin will dip to $25K if this trader’s 20% crypto crash forecast comes true
Bitcoin (BTC) is heading for “absolute carnage” which will result in a trip to around $25,000, a popular trader has warned as...
Celebrating Upland’s Genesis Week With a Big Bitcoin Giveaway
Upland.me is a blockchain-based game in which users can buy, sell, and trade virtual NFT properties mapped to the real world. By becoming...
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last...
Polkadot’s Parachain Vision Materializes Following Successful Kusama Auction
After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active parachain has already...
Bitcoin price due for break below $30K, trader warns, after 9% daily loss
Bitcoin (BTC) traded worryingly near $30,000 support on Tuesday amid fresh predictions of incoming lows. BTC/USD 1-hour candle chart...
Kenyan Banks Warn Clients Against Crypto Trading
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated...
Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an...
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has...
Take Back the Internet With Crypto: Pocketnet Offers 4 Free Live Educational Sessions
The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized...
21shares to Launch Bitcoin ETP for Institutional Investors in the UK
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in...
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction...
Theta and Theta Fuel (TFUEL) soar ahead of June 30 mainnet launch
Major protocol upgrades can play a significant role in altcoin rallies regardless of the state of the wider cryptocurrency market because...
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to...
Bitcoin price is fragile, but on-chain data points to fresh accumulation
The May 19 crypto market sell-off saw $1.2 trillion in value erased from the total market capitalization as the froth and excess leverage...
Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth...
FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers
U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets...
Crypto Twitter says Bitcoin shorts are increasing, but data shows otherwise
Margin trading allows investors to borrow stablecoins or cryptocurrency to leverage their position and improve the expected return. For...
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in...
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a...
Price analysis 6/7: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
United States Treasury Secretary Janet Yellen defended President Joe Biden’s latest massive spending package while speaking to Bloomberg....
While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas...
Small countries are punching above their weight in terms of Bitcoin gains
Emerging markets appear to be punching above their weight when it comes to Bitcoin (BTC) investment, offering further evidence of growing...
No, Bitcoin is not ‘technobabble’
Many years ago, I ran hedge funds on Wall Street. With a long pause for philanthropic and government work, I eventually found my way to...
US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency...
Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May
The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized...
MicroStrategy stock slides after announcing new $400M debt raise to buy Bitcoin
A lackluster balance sheet, excessive debt load and over-leveraged exposure to Bitcoin have crashed MicroStrategy stock by more than 63%...
Bitcoin.com Games Player Gets Lucky Big Time, Wins 5 BTC on Popular Online Slot
Player cashes out approximately $180,000 after winning it on Sun of Fortune: Hold the Jackpot! Multiple Wins Result in a Total Bank of...
Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC
Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured...
FinNexus Cross Chain DeFi Project – Where to Buy FinNexus coin
FinNexus has seen a price increase of 100% over the last week due to it trending recently. FinNexus, the cross-chain DeFi options platform...
Infosys Chairman Advocates Regulation of Crypto Assets as Commodities in India
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto...
Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%
Bitcoin (BTC) bulls should brace for a potential onslaught from bears as the number of margined short positions on Bitfinex jumps by a...
Jigstack (STAK) Token Is Now Listed on Bitcoin.com Exchange
PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of STAK, being available to trade on the 7th June 2021 at 10:00AM...
BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
Bitcoin (BTC) begins another week below $40,000 but with two major new landmarks under its belt. After falling over continued FUD from...
Out of Thousands of MIT Students That Got Free Bitcoin in 2014 – 6 Year Holders Saw 13,000% Gains
Over six years ago, at the Massachusetts Institute of Technology (MIT), a couple of scholars distributed $100 in bitcoin to 3,100...
Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says
New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign...
Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country...
Unsure about buying the dip? This key trading indicator makes it easier
When an asset enters a bear phase and the headlines are negative, analysts project further downside, and the sentiment shifts from...
Bitcoin FOMO and Paul Tudor Jones Led Stan Druckenmiller to Invest Millions in BTC
Billionaire Stanley Druckenmiller has shared how he got into bitcoin and it involved famed hedge fund manager Paul Tudor Jones. When...
Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’
The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt...
Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment
Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they...
Bitcoin Miami mania, Dogecoin bounces back, Eth2 woes: Hodler’s Digest, May 30–June 5
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Clean Water Nonprofit Reveals Celebrity-Fueled Bitcoin Water Trust Initiative
On Friday, the well known nonprofit charitywater.org announced the launch of a celebrity-funded Bitcoin Water Trust initiative. The trust...