XRP Might Not Be a Security, According to SEC Commissioner

SEC Commissioner Hester Peirce is calling for greater regulatory clarity дальше »

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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 shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. дальше »

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Elon Musk and China Won't Stop Bitcoin from Hitting $135,000 This Year, Says Famed Crypto Analyst

Bitcoin is still on track to hit $135,000 by December 2021, according to PlanB дальше »

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Stock to Flow Analysis: Worst Case Scenario Could See $135K BTC by December

Worst case price prediction for bitcoin using the stock to flow analysis could see bitcoin hitting $135,000 by December 2021 according to PlanB The post Stock to Flow Analysis: Worst Case Scenario Could See $135K BTC by December appeared first on BeInCrypto. дальше »

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$3.6 Billion Crypto Theft: South African Bank Denies Relationship With Fraud Accused Africrypt

According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial. дальше »

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$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 recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s two directors disappear with billions of dollars in investor funds. дальше »

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Lights Go Off in Sichuan Bitcoin Mining Farms

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China also bans miners in hydropower -dominated Sichuan province

Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20. дальше »

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Dogecoin Primed For Nasty Crash To $0.05 And Not Even Elon Musk Can Save It: Strategist

According to a prominent strategist analyzing the Dogecoin (DOGE) price, it appears that the meme cryptocurrency may be in line for a major crash. Though DOGE has plummeted over 60% from its May 8 all-time high, the crypto analyst sees a drawdown of an even larger magnitude —  and not even Elon Musk’s tweets can […] дальше »

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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 bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. дальше »

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Crypto company CEO says the recent crypto boom brought increased adoption

Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX.

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CBDC: Chinese Residents Can Now Convert DCEP to Cash at ATM Points 

The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021. дальше »

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Bitcoin Has Three Major Flaws, According To Cornell Economist

Bitcoin continues to trend lower in the daily chart. After losing support in the $37,000 area, BTC trades at $35,540. The main cryptocurrency by market cap has been on a downwards trend since May 2021. дальше »

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China’s Sichuan Asks Bitcoin Miners To Shutdown Operations

According to reports, Sichuan’s Ya’an municipal government has asked Bitcoin miners to shutdown operations in the city. None of the three local sources available at the moment mention how long the crypto mines will remain closed. дальше »

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Goldman Sachs Begins Trading Bitcoin Futures with Galaxy Digital as its “Liquidity Provider”

According to Galaxy co-president, this is about “safety in numbers,” and once one bank joins, the others will have FOMO and will get on-boarded. The post Goldman Sachs Begins Trading Bitcoin Futures with Galaxy Digital as its “Liquidity Provider” first appeared on BitcoinExchangeGuide. дальше »

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Pantera Capital CEO: Bitcoin Has Only Been This “Cheap” 20% Of The Last 11 Years

The best time to buy Bitcoin was a few years and when it first came around in the early 2010’s. The next best time to buy BTC? Right now according to Pantera Capital CEO Dan Morehead. In a tweet sent out recently, Morehead laid out the facts for why the the market is below trend, […] дальше »

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Formula 1 Racing Company McLaren Joins the NFT Trend with Tezos (XTZ)

McLaren Racing has inked a partnership deal with the Tezos (XTZ) blockchain project in a bid to mint its super unique non-fungible tokens (NFTs) on the network. The team says the multi-year deal makes Tezos its official blockchain partner across Formula 1, INDYCAR, and esports, according to a press release on June 17, 2021. McLarenRead More дальше »

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Bitcoin’s Hashrate Falls to a Yearly Low

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ENGIE, Energy Web Access to Electrify Sub-Saharan Africa with DeFi 

ENGIE Energy Access and Energy Web have inked a partnership deal aimed at electrifying Sub-Saharan Africa with green solar energy. The team plans to create what it calls decentralized finance (DeFi) crowdfunding platform that will enable investors to provide microloans that will support renewable energy deployment, according to a press release on June 17, 2021.Read More дальше »

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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. дальше »

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Kraken could go public in 12 to 18 months, according to CEO

CEO Jesse Powell has said the exchange is “doing all the prep work” to… The post Kraken could go public in 12 to 18 months, according to CEO appeared first on Coin Journal. дальше »

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Digital Renminbi and Cash Exchange Service ATMs Launch in Beijing

Two banks in China have begun offering cash exchange services for the digital renminbi, according to reports from local media. The post Digital Renminbi and Cash Exchange Service ATMs Launch in Beijing appeared first on BeInCrypto. дальше »

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Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors

Dan Morehead, the CEO of Pantera, believes that Bitcoin is “cheap” when compared to the price trend over the last 11 years according to their June investor report. The post Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors appeared first on CryptoSlate. дальше »

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Ethereum to $20,000? Factors Behind The Bold Call

Ethereum could reach $20,000 by 2025 according to a Finder’s panel. Ethereum has since been gaining momentum, starting out at $1,000 at the beginning of the year and reaching an all time high of $4,196. дальше »

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NASCAR Driver Landon Cassill’s Salary Will Now Be Paid In Bitcoin And Litecoin

NASCAR driver Landon Cassill has struck a racing deal that will see him become the first such driver whose entire salary will be paid in cryptocurrency. According to a report from NBC Sports, Cassill has signed a contract with the Voyager crypto brokerage that requires him to race in 19 events in exchange for digital […] дальше »

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Cardano: Another 'milestone' achieved!

Input Output, the blockchain infrastructure research and development team behind Cardano, the fifth-largest cryptocurrency came out with an announcement. According to the latest news, the IOHK team The post Cardano: Another 'milestone' achieved! appeared first on AMBCrypto. дальше »

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Kyber Network To Launch On Polygon With $30 Million Liquidity Mining Program

Decentralized finance liquidity hub Kyber Network would expand to Ethereum layer 2 scaling solution Polygon network later this month. The Kyber community is said to have voted in favor of the move according to the Kyber Improvement Proposal for the expansion. дальше »

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World Bank Turns Down El Salvador’s Request to Help Execute Bitcoin Plans

The World Bank has said that it would not be able to assist the El Salvadoran government with its plans to officially make bitcoin the country’s second legal tender.  World Bank Not in Support of El Salvador’s Bitcoin Ambitions According to Reuters on Wednesday (June 16, 2021), the World Bank turned down El Salvador’s requestRead More дальше »

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Kraken CEO talks state of crypto market, IPO, sustainability, and more

Kraken, the largest cryptocurrency exchange in Europe and the fourth largest worldwide, is considering an initial public offering within 12-18 months, according to its co-founder and CEO Jesse Powell. дальше »

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FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year

The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2. дальше »

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Bloomberg Strategist On Why $100k BTC Price In 2021 Is Meager By Bitcoin Standards

Market conditions in 2021 are perfect for bitcoin to reach and surpass the $100,000 price level according to senior Commodity analyst at Bloomberg Intelligence Mike McGlone. McGlone, who has recently been predicting (on a consistent basis) a positive outlook for bitcoin and the entire crypto market said that key factors that support this analysis include last year’s […] дальше »

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Bitcoin (BTC) Most Undervalued in 10 Years According to Stock-to-Flow Model

According to the stock-to-flow deflection chart, today bitcoin is the most undervalued with respect to the last 10 years of its history. The post Bitcoin (BTC) Most Undervalued in 10 Years According to Stock-to-Flow Model appeared first on BeInCrypto. дальше »

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Cardano Founder Charles Hoskinson Makes Compelling Case For Tesla Adopting ADA Instead of Bitcoin

According to IOHK CEO Charles Hoskinson, Tesla should ditch bitcoin en masse and instead turn to the world’s fifth most valuable token, Cardano (ADA). During a podcast by MIT researcher Lex Fridman, Hoskinson explained why he believes Cardano is far superior to bitcoin. дальше »

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John McAfee Speaks: The US Thinks I’m Hiding Crypto

John McAfee, a software developer, and entrepreneur was indicted with fraud, tax evasion, and money laundering conspiracy. According to the indictment filed by the US Attorney’s Office of the Southern District of New York, McAfee and other accomplices allegedly obtained over $10 million with illicit activities related to cryptocurrencies. McAfee was accused of using his […] дальше »

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R3, AFIN Partner to Enable Financial Institutions Explore CBDCs 

R3 and the ASEAN Financial Innovation Network (AFIN) have inked a strategic partnership deal aimed at developing a central bank digital currency (CBDCs) sandbox that would make it easier for fintech firms and traditional banks to create and test their CBDC payment solutions, according to a press release on June 15, 2021. Accelerating CBDC DevelopmentRead More дальше »

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Bitcoin Is Gearing Up To Pull A “2013 Style” Rally On The Market According To New S2F Data

Plan B, the pseudonymous creator of the Bitcoin stock-to-flow model, has taken to Twitter to present what could be one of the most bullish data to the Bitcoin community. Bitcoin could surge past $200k this year The stock-to-flow model, with which the creator and other Bitcoin proponents have relied on to predict the price of […] дальше »

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Indonesia’s Central Bank Bans the Use of Crypto as Payment Method

The Bank of Indonesia (BI) has banned the use of cryptocurrency as a means of payment, stating that the payment method is not legitimate in the country.  Crypto as Payment Tool Not Legitimate in Indonesia According to Tempo on Tuesday (June 15, 2021), Perry Warjiyo, the governor of the Bank of Indonesia, stated that financialRead More дальше »

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Journal of Financial Planning Survey Shows More Financial Advisors Support Crypto

According to a survey conducted by the Journal of Financial Planning and Financial Planning Association (FPA), more financial advisors are recommending cryptocurrencies to their clients than ever before The post Journal of Financial Planning Survey Shows More Financial Advisors Support Crypto appeared first on BeInCrypto. дальше »

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95% of UK financial advisors don’t like cryptos while US advisors are more open

Practically no independent financial advisor (IFAs) in the UK would recommend their clients buy cryptos and meme stocks, data from a survey of 200 IFAs in the UK by Opinium show. Specifically, 93% of advisors would not recommend their clients buy cryptos while 95% of IFAs would advise against purchasing meme stocks, according to IFA […] The post 95% of UK financial advisors don’t like cryptos while US advisors are more open appeared first on Invezz. дальше »

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Fox Entertainment Dives Deeper into the NFTs Ocean with $100M Fund 

Fox Entertainment and Bento Box Entertainment have announced the launch of a $100 million creator fund for their non-fungible tokens (NFTs) project. The teams say the NFT fund comes under their newly created business unit dubbed Blockchain Creative Labs, according to reports on June 15, 2021. дальше »

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Amazon Could “Definitely” Use XRP Ledger’s Federated Sidechains, According to Ripple CTO

Ripple CTO David Schwartz says he wants to get to the point where it would be very easy to build an XRP Ledger sidechain дальше »

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Digital Assets Fund Raises $40 Million

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Report: 90% of central banks are exploring their own digital currency

Approximately 9 out of 10 central banks worldwide are developing their own digital currency, according to a Bank for International Settlements survey conducted in January. Some of the central bank-backed coins could be ready within three years. дальше »

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BSC to Host the Launch of the First-Ever Licensed, Multi-Chain Compatible, Blockchain-Based Poker Platform

The integration of blockchain technology into gaming has helped the industry to scale new heights. According to researchers, the impact of blockchain on the video gaming industry is multi-dimensional and diverse. дальше »

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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes

Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Nigerians “mutilate, deface, squeeze and even spray and sell the naira notes.” He adds […] дальше »

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General Motors May Start Accepting Bitcoin If There's Customer Demand, Says CEO Mary Barra

General Motors doesn't rule out adding Bitcoin payments, according to CEO Mary Barra дальше »

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Russian Central Bank calls cryptocurrencies monetary surrogate

The Central Bank of Russia reiterated its skepticism about cryptocurrencies. According to the regulator, crypto is a monetary surrogate and should not be in circulation in Russia.

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Arabic Cash DeFi: 2 weeks left before launch

According to the OECD, financial services typically account for 20-30% of the total gross product in developed countries. It's a huge industry dedicated to one thing: trust in financial transactions. дальше »

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Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows

Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. дальше »

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Sotheby’s To Auction Off World Wide Web’s Source Code As NFT

Next week, Sir Tim Berners-Lee will auction an NFT of the original source code he used to create the World Wide Web. Sotheby’s To Auction Off WWW Source Code According to a Sotheby’s announcement on Tuesday, the auction house will begin accepting bids on the World Wide Web NFT on June 23. The NFT, dubbed […] дальше »

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