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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Blockchain Learning Among the Top Online Courses Studied in India

In a bid to stay relevant in a world where technology is taking over, Indians have sought to empower themselves by taking online courses in blockchain and other related tech topics.  Indians Show Interest in Blockchain Technology According to The Hindu on Tuesday (June 15, 2021), a report by Coursera, an online learning platform, showedRead More дальше »

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JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’

Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. дальше »

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Hedge Funds Plan to Hold 7.2% of their Assets In Crypto, Equating to $312B, in Next 5 Years: Survey

Hedge Funds are planning to increase their exposure to cryptocurrencies significantly in the next five years, according to a new survey. A survey of 100 hedge fund chief financial officers globally conducted by fund administrator Intertrust found that executives expect to hold an average of 7. дальше »

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Fantastec, Dapper Labs, Launch P2P NFT Marketplace for Soccer Fans 

Fantastec SWAP has inked a partnership deal with Dapper Labs to launch a peer-to-peer non-fungible token (NFT) marketplace that will put highly unique crypto-collectibles of leading football clubs including Real Madrid, Arsenal, and Borussia Dortmund on the Flow blockchain, according to a blog post on June 14, 2021. Giving Soccer Fans More  In a bidRead More дальше »

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Goldman Sachs To Start Trading Ethereum Options And Futures

Goldman Sachs has recently announced that it plans to start trading Ethereum options and futures, according to a report by Bloomberg. The company had gone on a three-year hiatus from cryptocurrency. дальше »

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Hedge Funds Plan Significant Investment in Crypto

Within the next five years, hedge funds plan to significantly increase their exposure to cryptocurrencies, according to a recent survey. The post Hedge Funds Plan Significant Investment in Crypto appeared first on BeInCrypto. дальше »

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Real Estate Company E11EVEN Co-founder Says Enthusiasm for Crypto Deposits “Astounding”

Miami-based real estate company E11EVEN Hotel and Residences said that it was the first in the industry to allow cryptocurrency deposits for its condominiums. E11EVEN Claims to Be a Trailblazer  According to Fox Business on Monday (June 14, 2021), the co-founder of the real estate company, Marc Roberts, said that there was an increased interestRead More дальше »

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“Long Bitcoin” No Longer Most Crowded Trade, According to Bank of America Survey

Bitcoin has fallen by the wayside, with red-hot commodities topping this month’s BofA survey дальше »

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Crypto Outflows Continue for Second Week Straight

Cryptocurrency investment products and funds experienced outflows for the second week in a row, according to data from CoinShares. The post Crypto Outflows Continue for Second Week Straight appeared first on BeInCrypto. дальше »

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You can now deposit for a condor using Bitcoin (BTC)

Miami-based real estate firm W11EVEN Hotel & Residence said it has started accepting Bitcoin deposits as payment for its condos. According to the company’s Co-founder, Marc Roberts, it will be the first in the industry to start accepting crypto deposits. дальше »

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Goldman Sachs to Offer Ethereum Futures and Options

Goldman Sachs is planning to offer futures and options contracts for Ethereum (ETH), according to its head of digital assets division. The post Goldman Sachs to Offer Ethereum Futures and Options appeared first on BeInCrypto. дальше »

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Since It Adopted Bitcoin As Legal Tender, The World Is Looking At El Salvador

According to all metrics, El Salvador is all the rage right now. When the government announced that their citizens and all economic actors are legally allowed to use Bitcoin as legal tender, headlines all over the world reported on the news. дальше »

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Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender

Bitcoin remittances to El Salvador jumped more than fourfold in May from the previous year, according to data from blockchain analytics firm Chainalysis. Last week, El Salvador passed a bill making bitcoin legal tender in the country alongside the U. дальше »

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Bitcoin Made Americans More Than $4.1 Billion In 2020, New Data Reveals

During the peak months of COVID, interest in bitcoin and cryptocurrencies skyrocketed in the United States, and now many traders in the country are profiting from it. According to Chainalysis, an analytical firm specializing in blockchain technology, Americans have seen their bitcoin assets return more than $4 billion. дальше »

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Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan 

Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank digital currency (CBDC) via the People’s Bank of China and the new […] дальше »

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Low Volatility Bitcoin Suggests “Massive Upside Still Ahead”

Bitcoin and other cryptocurrencies are notoriously volatile, as the recent May selloff was a violent reminder of. The ongoing market cycle has been a walk in the park compared to the rollercoaster theme park ride of past cycles, which according to capital manager Dan Tapiero could be a sign that the first ever cryptocurrency is […] дальше »

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Paul Tudor Jones: Bitcoin Is “100% Certain”

Bitcoin price is back to around $40,000 but whether or not the bull market is over or not isn’t yet certain. What is certain, according to Paul Tudor Jones, is the cryptocurrency itself. Not the asset or its price, but the underlying ironclad cryptographic code. дальше »

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47% of Millennial Millionaires Have at Least 25% of Their Wealth in Crypto

According to a CNBC Millionaire Survey, nearly half of all millennial millionaires have at least a quarter of their assets in cryptocurrencies. The post 47% of Millennial Millionaires Have at Least 25% of Their Wealth in Crypto appeared first on BeInCrypto. дальше »

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Bware Labs Makes It High-Performance Decentralized Node Network Available to the Public

Bware Labs, a decentralized infrastructure that provides an interface between Blockchain APIs consumers and node providers, has released the MVP for its platform. According to the announcement, Bware labs has finally shared the MVP with the public or otherwise referred to as a functional prototype. дальше »

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Spread of Unregulated Crypto a ‘Cause for Concern’ Says Italian Regulator

The continued spread of cryptocurrencies without consistent regulation is a cause for concern, according to the head of Italy’s stock market regulator. The post Spread of Unregulated Crypto a ‘Cause for Concern’ Says Italian Regulator appeared first on BeInCrypto. дальше »

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Persistence Launches pSTAKE, Offering Liquidity for Billions of Staked Cryptoassets

Staking cryptocurrencies on proof-of-stake blockchain networks has become one of the popular methods to generate consistent returns on crypto. Whereas DeFi offers the potential for spectacular yields at very high risk, staking offers a more steady return of around 15% on average, according to the current numbers on stakingrewards. дальше »

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Bitcoiners Wait For Saylor Bot

Microstrategy closed its bitcoin offering today, raising $488 million after accounting for costs according to a statement. If buying begins now, then saylorbot is expected to purchase $2,000 worth of... дальше »

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FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86M, Attorneys Claim Fed’s Raid ‘Unconstitutional’

The Federal Bureau Investigation (FBI) is under fire for an alleged unconstitutional seizure of 800 safety deposit boxes in Beverly Hills. According to reports, the FBI confiscated $86 million in cash, jewelry, and thousands of gold and silver bars. дальше »

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