The individual who controls the website that first published the Bitcoin whitepaper will be attending a court hearing on the matter of hosting the historic document. In a series of tweets, the pseudonymous entity known as Cøbra reveals that they’ll be going to a hearing where a judge will decide whether or not they will …
Monthly archives: June 2021
Binance Asks Users From Entire Canadian Province To Close Accounts Amid Crypto Exchange Crackdown
Binance is ending its services in Ontario, Canada as crypto exchanges in the province face heightened regulatory scrutiny. In a statement, the global crypto exchange says that Ontario has become a restricted region effective Saturday, June 26th. It also asks users in the province to close their accounts by the end of the year. ADVERTISEMENT …
NFT Platform dotmoovs Prepares To Launch Its MVP Today
June 28, 2021 – Tallinn, Estonia Blockchain startup dotmoovs is one step closer to revamping the concept of competitive freestyle football. Gamifying competitive sports on the platform and having footage analyzed by artificial intelligence creates an unbiased system where everyone can showcase their skills and earn rewards. The project has also welcomed Luis Figo and …
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Bitcoin Eyes $35K After Volatile Week – eToro Crypto Roundup
Headwinds from China collide with optimism in Latin America. Bitcoin is bouncing towards $35K, after a storm of volatility sent the crypto asset down to its lowest point in nearly five months. While enforcement in China and a Bitcoin heist in South Africa have added to the uncertainty, pushing prices lower, the market is being …
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Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
Randal Quarles, vice chair for supervision of the Federal Reserve Board of Governors, said he believed neither dollar-pegged stablecoins nor digital currencies issued by foreign central banks are likely major causes for concern for the U.S. dollar. In a prepared statement for the Annual Utah Bankers Association Convention Monday, Quarles said that foreign currencies — …
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Key Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’
The cryptocurrency market found itself in a state of cautious optimism on June 28 after Bitcoin (BTC) price briefly spiked above $35,500, renewing hopes that the bull trend will resume shortly. Despite the bullish move, some analysts have warned that the failure to secure a daily close above the $35,000 resistance is a sign that …
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Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K
On June 25, the amount of Bitcoin (BTC) margin shorts at Bitfinex increased by 22,000, equivalent to $726 million. At the time, Cointelegraph reported that there was a significant increase in Bitfinex’s spot volume market share starting at 9 am UTC, matching the demand in the short margin. Data confirms that one (or more) whales …
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Ethereum Classic devs announce upcoming hard fork
On Monday, developers of the Ethereum Classic (ETC) blockchain announced a hard fork to implement the project’s latest version, now scheduled for launch in late July. The upgrade, which the community has dubbed “Magneto,” will include the four Ethereum Improvement Proposals, or EIPs, first seen in Ethereum’s Berlin upgrade earlier this year. These proposals are …
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Olyseum Launches the World’s First Experiential NFT Platform To Strengthen Celebrity-Fan Engagement
June 28, 2021 – Geneva, Switzerland Olyseum, a blockchain-powered social ecosystem that rewards fan engagement, is excited to announce that it has launched the world’s first star-led experiential NFT (xNFT) platform. The platform aims to fundamentally change the landscape of fan engagement by taking NFTs to the next level. Olyseum enables gamified, authentic and meaningful …
SEC Moves To Block Ripple From Questioning Former SEC Director William Hinman
The U.S. Securities and Exchange Commission (SEC) is attempting to block Ripple from calling upon the SEC’s former director of division of corporate finance to testify in the ongoing lawsuit between the two entities. According to a new court filing, the SEC requests that William Hinman not be deposed, claiming that Ripple does not have …
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Germany’s financial watchdog approves crypto custody license for Coinbase
The Federal Financial Supervisory Authority has issued a crypto custody business license for Coinbase’s Germany arm. In a Monday announcement, Germany’s Federal Financial Supervisory Authority, also known as BaFin, said it had issued Coinbase the first such license for a crypto exchange related to custodying digital assets in the country. The regulator said due to …
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Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC
Wall Street investment bank Morgan Stanley has gained exposure to Bitcoin (BTC) through Grayscale, offering further evidence of wider institutional acceptance of digital assets. The Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned 28,298 shares of the Grayscale Bitcoin Trust, or GBTC, as of April 30, according to a …
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Internet Computer (ICP) logs revenge recovery after crashing 95% since launch
Internet Computer (ICP) rose to spotlight among day-traders after rising 41.69% on Sunday. The ICP/USD exchange rate closed the session at $42.98 after correcting lower from its intraday high of $45.01. At its quarter-to-date low, the pair was trading at $28.31. Meanwhile, on Monday, it surged to a new intraday high of $47.63. Therefore, its …
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Crypto miner Hut 8 plans to hold 5K Bitcoin by 2022
Toronto-based crypto mining firm Hut 8 said it plans to increase its self-mined Bitcoin holdings based on its expectation it will be able to expand its hashrate by 400%. According to a Monday announcement, Hut 8 said it expects to hold 5,000 self-mined Bitcoin (BTC) — roughly $172 million — by the end of 2021, …
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Bitcoin Price Prediction: BTC/USD Warms Up For $40,000
Bitcoin Price Prediction – June 28 The Bitcoin price is finally seeing a glimpse of hope today with a decent 0.64% price increase trading close to the resistance of $35,500. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $43,000 Support Levels: $30,000, $28,000, $26,000 Buy Bitcoin Now According to the daily …
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