Cardano founder and IOHK CEO Charles Hoskinson is interested in bringing Cardano (ADA) to El Salvador. On the heels of El Salvador’s move to embrace Bitcoin as legal tender, Hoskinson is making an effort to bring the smart contract platform to the nation as well. ADVERTISEMENT Hoskinson says he’s applied for a state visit to …
Monthly archives: June 2021
Bitcoin sheds $2.5K amid warnings of a repeat BTC price dip
Bitcoin (BTC) fell precipitously on Friday after a rejection above $35,000 sparked a rout toward familiar support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin heads back toward $30,000 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it shed over $2,500 during trading on Friday. The pair had hit local highs of $35,400 …
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Tanzania central bank may rescind crypto ban after presidential endorsement
The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working on directives from the country’s federal government that could see a reversal of its November 2019 crypto ban. As previously reported by Cointelegraph, president …
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Palestine monetary authority mulls digital currency as ‘political signal‘
Palestinian Monetary Authority (PMA) Governor Feras Milhem has revealed that the proto-central bank — which does not issue a domestic currency and operates under highly restrictive political and economic conditions — is exploring the idea of issuing a Palestinian digital currency. Raja Khalidi, director of the Palestine Economic Policy Research Institute, told Bloomberg that “the …
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Bitcoin (BTC) Price Prediction: BTC/USD Struggles above $31,000 as Bears Overrun Bulls
Bitcoin (BTC) In Downward Move as Bears Overrun Bulls – June 25, 2021 Bitcoin bulls were overwhelmed at the $36,000 resistance zone as Bears overrun bulls. However, Bitcoin was repelled at the $36,000 resistance zone. The focus of buyers is how to break the $41,273 resistance. The previous rejection at $41,273 caused the king coin …
El Salvador’s Bitcoin (BTC) Law to Take Effect on September 7th
El Salvador’s law embracing Bitcoin as legal tender will take effect on September 7th The Government of El Salvador has pledged to airdrop $30 to each adult citizen who use the country’s very own Bitcoin wallet of Chivo The airdrop could be worth $180 million or more using an estimated adult population of 6 million …
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Stacks Price Loses 0.8% to $0.654 – How to Buy STX
Stacks started the year on a positive note, but since the market crash occurred, the token has not realised its highs again. The token has been trading on the green zone this week, and despite showing some promise at specific trading sessions during the week, the token is back to trading at the green zone. …
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ThorChain Price Rises by 6.27% in 24 Hours – Where to Buy RUNE
ThorChain (RUNE) has been performing well this week in a similar manner to altcoins. Even though it is not one of the RUNE has been one of the most affected tokens since the May crash. The coin lost over two-thirds of its value, but looking at its recent price movement, it seems that it may …
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Coinbase Effect Incoming? Top Crypto Exchange Listing Three New Altcoins for Pro Traders
Coinbase is bringing new crypto assets to its users at a rapid rate. The leading US exchange says it’s now supporting the crypto assets BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) on Coinbase Pro. ADVERTISEMENT Trading on BOND-USD, LPT-USD and QNT-USD order books will launch in three phases: post-only, limit-only and full trading. Coinbase says …
Binance served warning by Japan’s FSA for operating without authorization
Crypto trading platform Binance may once again be heading for a standoff with financial regulators in Japan. On Friday, the Financial Services Agency (FSA) issued a warning to Binance, accusing the company of offering crypto exchange services in the country without registration. The agency also served a similar warning to crypto derivatives trading platform Bybit back …
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Colombian capital supports blockchain and emerging tech with $2.3M fund
Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local companies as part of four new programs in the city’s Innovation, Technology …
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Crypto businesses struggling to fill job openings amid industry expansion
The skills shortage among crypto’s specialized workforce is causing significant competition among businesses to secure the right talent for their organizations. According to Bloomberg, crypto firms are finding it somewhat difficult to find the right candidates to fill job openings as these firms look to expand their operations across the globe. The competition for skilled …
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XRP price will fall to new lows vs. Bitcoin if this famous chart pattern plays out
Ripple blockchain’s native token, XRP, could make a full bearish price swing against Bitcoin (BTC), per a classic technical indicator. Dubbed as Head and Shoulders (H&S), the pattern develops when an asset forms three peaks atop a common baseline. The outside peaks, known as Shoulders, are close in height, while the middle one, called the Head, …
Chainlink’s Network Growth at its Lowest Since October 2020 – Report
Network growth on Chainlink is at its lowest since October 2020 Fewer and fewer Chainlink addresses are interacting with the network Chainlink daily active addresses are at 5k compared to 13k in April There has been an increased inflow of LINK into crypto exchanges From a technical analysis point of view, Chainlink is in bearish …
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5 Best Cryptocurrencies To Buy Now – June 2021 Week 4
Here are the 5 best crypotcurrencies to buy now. The cryptocurrency market has stabilised after its mid-week plunge. Having BTC has had a difficult month or so. On May 12, Tesla announced it would no longer be accepting the cryptocurrency as payment for its cars. This sent bitcoin (then priced at around $58,000) on a …
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