Quick Look
Classic technical indicator foresees another massive Bitcoin price drop with $16K target
Bitcoin (BTC) has rebounded by more than 25% after bottoming out at $30,000 during the May 19 crash. But the cryptocurrency continues to...
Price analysis 6/2: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
Bitcoin’s (BTC) active supply — coins that have moved in the past two years or earlier — dropped to a five-month low of 44.5% on June 2,...
Google Announces New Policy for Cryptocurrency Ads
Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The...
Biden Administration Expanding Cryptocurrency Analysis to Find Criminal Transactions
The U.S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the...
Standard Chartered plans European crypto exchange after HSBC says ‘no’ to industry
United Kingdom based multinational banking and financial services company Standard Chartered (StanChart) is launching a cryptocurrency...
Dogecoin gets back to pre-crash prices as $16M in DOGE shorts get liquidated
Dogecoin (DOGE) prices jumped by nearly 40% on a 24-hour adjusted timeframe on Wednesday, shaking out more than $16 million worth of...
Bitcoin hits $38K as BTC price breaks above ‘line in the sand’ resistance
Bitcoin (BTC) hit $38,000 on June 2 as a long-awaited bout of volatility saw a critical bull level return. BTC/USD 1-hour candle chart...
$1.4M in Bitcoin Remains Idle — The Curious Case of the 37-Day-Old 2009 Block Reward Spent a Year Ago
Approximately 378 days ago, before the bitcoin bull market started to heat up, a unique block was spent stemming from a coinbase reward...
Standard Chartered Bank Launching Cryptocurrency Exchange and Brokerage
Major banking corporation Standard Chartered is launching a cryptocurrency exchange and brokerage service, giving its clients access to...
Kirobo Makes ‘Undo Button’ Available for USDT, BNB, UNI, Sushi, Chainlink, & KIRO Transactions
PRESS RELEASE. Tel Aviv – June 2, 2021 – Kirobo, a leading cryptocurrency solutions developer, has announced that its crypto...
Artists Plan to Erect a Bronze Satoshi Nakamoto Statue in Budapest to Honor Bitcoin’s Creator
Hungary plans to be the first country in the world to erect a statue of Satoshi Nakamoto, as a life-size bronze bust of Bitcoin’s...
MLB Steps Into the NFT World by Entering a Long-Term Partnership With Candy Digital
On June 1, Major League Baseball (MLB) reporter David Adler announced the MLB organization established a long-term deal with the digital...
Cheap Power Is Creating a Bitcoin Mining Boom in Argentina
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates...
Dental Clinic in Ontario to Accept Cryptocurrency for Its Services
Southdown Dental, a clinic in Mississauga, Ontario, is introducing a new payment option. Patients will soon be able to pay with...
Cryptohawk.AI, a New Software Service Provides Everyday Investors With AI-Based Price Predictions
PRESS RELEASE. Toronto, Canada – June 1, 2021 – Created and rigorously tested by expert data scientists in cohort with expert...
Big Block Breakthrough: 1 Gigabyte BCH Scalenet Block Mined With Raspberry Pi4
While it seems the big block vs. small block debate is over, it is still relevant in the cryptocurrency sphere and some users are still...
Trader Confesses Cryptocurrency Addiction Led to Criminal Charges, Hospital Treatment
A British man has shared his story of how his cryptocurrency addiction has led to criminal charges and landed him in a hospital for...
Bitcoin Will Face Tougher Regulation as Popularity Grows, Says Sweden’s Central Banker
The Swedish central bank’s governor says bitcoin will face tougher regulation given its sheer popularity that continues to grow....
Coinbase Pro Dogecoin Deposits Now Open — Trading Begins on June 3
The notorious dogecoin will be open for trading on Thursday, June 3, on the popular trading platform Coinbase Pro. In mid-May, Coinbase...
Sweet Integrates Polygon / Matic Into Its Broad-Scale, Consumer-First NFT Platform
New York, New York – June 1, 2021 – Sweet, the first NFT solutions provider to develop a platform that can mint and distribute...
Bitcoin Stock-to-Flow Model Still Intact — ‘Starting to look like 2013’ S2F Creator Says
The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said...
Beyond Dogecoin: The 5 hottest cryptocurrencies on Twitter this month
In the realm of digital assets, Crypto Twitter is a major seat of power. Memecoins and serious large-cap assets alike can see their value...
Coinbase Card Integrates With Apple Pay and Google Pay — Cardholders Can Use Crypto for Payments, Earn Rewards
Coinbase Card can now be used with Apple Pay and Google Pay, allowing cardholders to pay for goods and services using cryptocurrencies....
3 potential bullish catalysts for Ethereum price in June
As of June 1, Ether (ETH) has dipped by more than 40% after establishing a record high of $4,384 in May. The major move downhill in the...
Beyond Dogecoin: The 5 hottest cryptos on Twitter this month
In the realm of digital assets, Crypto Twitter is a major seat of power. Memecoins and serious large-cap assets alike can see their value...
Mt Gox Claimants Have Until October to Vote on Trustee’s Rehabilitation Proposal
Nobuaki Kobayashi, the trustee that’s overseeing the Mt Gox civil rehabilitation proceedings, has published a proposal so Mt Gox...
Tiger Brokers and Futu to Offer Crypto Trading Services Outside China
Two Chinese online brokerages have set out to enter the global crypto trading market. The platforms, Tiger Brokers and Futu, are planning...
Veteran trader Peter Brandt sees Bitcoin crashing further after May’s 50% drop
Bitcoin (BTC) faces the prospects of falling further even after its price made a strong recovery after crashing from $65,000 to $30,000 in...
Bitcoin price bull run ‘starting to look like 2013’ after record red monthly candle
Bitcoin (BTC) may have just had its worst monthly candle in 10 years, but it could still surge to new all-time highs this year, said...
Bitcoin price D-Day starts ‘any moment,’ says trader, as BTC reclaims key level
Bitcoin (BTC) is nearing the end of a consolidation period, which traders are betting will spark a fresh bullish breakout. In a tweet on...
Best cryptocurrencies to buy in June 2021
May was a tough month for the cryptocurrency market, with 2021’s historic rally seemingly running out of steam. However, interest in...
Ethereum Price Looks Positive With 8% Weekly Gains – Where to Buy ETH
Ethereum price could break towards $3,000, with further upside amid buying interest likely to push it to $3,400 Ethereum is a top digital...
Relief Payments Coming? 80 Legislators Press Biden Administration for a Fourth Round of Stimulus
Rumors of a fourth and possible fifth round of direct stimulus checks have become a hot conversation topic this week, as lawmakers are...
Major Indian Bank HDFC Says ‘It’s a Matter of Time Before Indian Investors Have Legal Access to Crypto Plays’
One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it...
Bitcoin and Ethereum fees slump to six-month low
The transaction fees of Bitcoin and Ethereum have slumped to six-month lows as the markets cool after the recent crypto downturn....
Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange
DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS...
Cryptocurrency Related Scams Flood Tribunals in Spain
Spain has not been a stranger to the popularity of cryptocurrencies, and with this popularity, also comes the attention of people and...
BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’
U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital...
Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
Bitcoin started the week off with an abrupt bullish breakout to $37,500, a level some analysts have identified as a crucial ‘line in...
Binance NFT Marketplace looks to capture market share via ‘100 Creators Campaign’
In an increasingly crowded marketplace for marketplaces, Binance is going on the offensive with a business development push aimed at...
More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract
Statistics now show the Eth2 deposit contract has more than 5.2 million staked ether worth over $13 billion locked into the smart...
Marathon’s Bitcoin Mining Pool Will ‘No Longer Filter Transactions’ — Marapool Begins Signaling for Taproot
On Monday, the publicly-listed enterprise mining firm Marathon Digital Holdings announced the company has adopted the latest codebase...
3 on-chain indicators suggest the Bitcoin price sell-off is losing steam
Bitcoin has entered a consolidation phase following its May 19 crash from $42,600 to $30,000 on Coinbase. The flagship cryptocurrency...
How relevant is the $900M open interest on Bitcoin options above $100K?
Bitcoin (BTC) is fast approaching its worst monthly performance in a decade, but some investors are using this as an opportunity to buy...
Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say
In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in...
Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The...
Report: Amid pullback, Argentine Bitcoin miners thriving
While the broader crypto market suffers through a painful slump, a new report today indicates that Bitcoin miners in Argentina are...
Price analysis 5/31: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, ICP, BCH
Bitcoin’s (BTC) massive drop in May 2021 is among its worst monthly performances, according to data from Bybt. The decline has divided the...
Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model
There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last article discussed...
Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower
Bitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing close to...
India’s Central Bank RBI Confirms Crypto Banking Ban ‘No Longer Valid’ — Asks Banks to Stop Quoting It
Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it...
Druckenmiller: Ethereum is ‘MySpace before Facebook’ while Bitcoin won as ‘Google’
Bitcoin (BTC) is at risk of a “flippening” from Ether (ETH), mainstream media claims as some familiar FUD — fear, uncertainty and doubt...
Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming...
Bitcoin accumulation uptrend can create a 2013-style BTC price ‘double pump’
A recent run-down in Bitcoin’s (BTC) price from about $65,000 to as low as $30,000 did not force long-term holders into selling, Glassnode...
How artificial intelligence can enhance blockchain platforms
Artificial intelligence and blockchain are both touted as technologies that will lead our future. But here’s the problem: They’re like oil...
Bitcoin.com Wallet Adds ETH
The Bitcoin.com team is excited to announce integration of Ethereum into the Bitcoin.com Wallet. That means anyone can now buy, receive,...
Home Crypto Mining Spikes in Brazil Amid Record High Unemployment
With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are...
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency...
Worst month for BTC price in 10 years: 5 things to watch in Bitcoin
Bitcoin (BTC) starts a new week bearish or as a firm “buy” depending on the source — what happens next? After a week of uninspiring price...
Central Bank of Brazil Issues Guidelines for Its CBDC
The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the...
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from...
UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power
Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found...
Chinese Economist Says if Bitcoin Is Widely Adopted: ‘We’re All Going to Die, This Is Not a Joke’
A Chinese economist and assistant director at the International Monetary Institute of Renmin University, Qu Qiang, has predicted that...
Financial Guru Dave Ramsey Advises Whether One Should Invest in Bitcoin, Other Cryptocurrencies
Financial guru Dave Ramsey has given advice on whether one should invest in cryptocurrencies, like bitcoin. Ramsey sees cryptocurrency as...
2 Bitcoin price indicators suggest BTC has not bottomed yet
Traders are using various strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that...
Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams
Major British bank Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on the rise. The...
Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund
The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has...
Cardano leads tepid crypto market recovery ahead of Memorial Day
Cardano’s ADA cryptocurrency was back in the spotlight Sunday, leading a tepid market recovery following news that the developer network...
Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE
Bitcoin (BTC) is struggling to sustain any price level during the current pullback, indicating a lack of demand at higher levels. Does...
EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin
While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of...
US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors
U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000%...
Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of...
Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value....
Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-Krona Pilot
Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations...
Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’
During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to...
Billionaire Stan Druckenmiller on Dogecoin, Ethereum: Won’t Long or Short DOGE, Skeptical of ETH
Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. He said he wouldn’t long or short dogecoin...
JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency
JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that...
Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies
Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee....
Analyst says reclaiming $37,500 is Bitcoin’s crucial ‘line in the sand’
Bitcoin (BTC) price continues to limp lower as traders in the U.S. hit the BBQ to enjoy the upcoming Memorial Day holiday on May 31 and...
Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow
The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to...
VORTECS Report: How volatility drove one crypto trading strategy to 280x Bitcoin’s gains
What does a highly volatile asset class offer traders, beyond palpitations and the occasional heart attack? Opportunity. Nicole Wirick of...
Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?
Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in...
Here’s how traders use call options to increase their Bitcoin holdings
Crypto traders are drawn to the market by its bombastic growth and lucrative opportunities to make a profit. However, not every investor...
Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin
On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside...
Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs
PRESS RELEASE. Pandora Finance (https://pandora.finance/) announced that they have successfully closed their $2.4m seed round. The Pandora...
Spiral Out — Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles
The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of...
Forecasting Bitcoin price using quantitative models, Part 2
This is Part Two of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is...
US Sends Bitcoin ATM Operator to Prison for Illegal Operation — 17 Machines Seized
A bitcoin ATM operator has been sent to federal prison for two years for running an illegal cryptocurrency exchange operation. U.S....
Bitcoin dominance cycle suggests the 2017 crypto rally could repeat
For the purposes of historical comparison, it’s also worth noting that the pattern of the dominance chart currently looks much like it did...