Index Coop to include BadgerDAO in DPI DeFi index from August

BADGER, the governance token of Ethereum-powered Bitcoin yield protocol, BadgerDAO, will be included in Index Coop’s DeFiPulse Index (DPI) token from August. Index Coop announced the news on June 26, noting BADGER’s inclusion would be pushed back by one month due to prioritizing other upgrades. Slight Correction DeFi Pulse Index has added $BADGER to the …

Despite regulatory uncertainty, Indian crypto investment surges 19,900% in one year

Despite India’s uncertain regulatory climate regarding crypto assets, nationwide investments in digital assets have increased by roughly 19,900% over the past year. According to data from blockchain analytics firm Chanalysis that was reported by Bloomberg on June 28, crypto investments increased during mid-2020 before going parabolic as the markets surged into new all-time highs towards …

French court sentences BTC-e operator Alexander Vinnik to 5 years

A court of appeals in Paris has upheld the five-year prison term in the case against BTC-e operator Alexander Vinnik. The court upheld a December 2020 verdict and prison sentence, finding that Vinnik/BTC-e had committed money laundering as part of an organized criminal group, and provided false information about the origin of the proceeds. The …

Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’ 

The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though bitcoin’s price has been lower …

Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud

Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S. dollar being a hard currency is a joke. Mexico’s Third-Richest Man …

John McAfee’s Hideout Was a Secret Bitcoin Mining Farm

John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel owned by a Russian. ‘Ghost Hotel’ With Bitcoin Mining Farm After John McAfee was reportedly …

Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor

The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world. Tight Regulation Good for Crypto Industry Professor Emilios Avgouleas talked about how …

Bitcoin (BTC/USD) Gaps Northbound Slightly

Bitcoin Price Prediction – June 28The trading activity between Bitcoin and the USD fiat currency now slightly gaps northbound to trade around the value of $34,458 at a positive percentage rate of about 5.25. BTC/USD Market Key Levels:Resistance levels: $37,500, $42,500, $47,500Support levels: $30,000, $27,500, $25,000 BTC/USD – Daily ChartThe BTC/USD daily chart currently depicts …

4 ways investors use support and resistance levels to make better trades

Trading should just be a simple process of buying low and selling high but for many investors the process is more akin to rocket science. One of the most basic and easy-to-understand strategies that can help accomplish this is to identify an asset’s support and resistance levels. Once traders can spot the support and resistance …

Here’s When Bitcoin Will Zoom Past $100,000, According to Crypto Veteran Who Accurately Called 50% Drop

Crypto veteran Bobby Lee says Bitcoin’s recent 50% collapse from all-time highs does not mirror market tops of the past. In a new interview with Luke Martin of Venture Coinist, Lee, who accurately called for a 50% drop in BTC once it approached the $70,000 level, is discussing when we can expect Bitcoin to catch …

Bitcoin Price Prediction: BTC/USD Price Hunts for $34,000

Bitcoin Price Prediction – June 27 Bitcoin price is fighting to hold above the $32,000 but overhead pressure continues to make this task a difficult one for the bulls. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $38,000, $40,000, $42,000 Support Levels: $28,000, $26,000, $24,000 BTCUSD – Daily Chart Buy Bitcoin Now At …

Ranging weekend for Bitcoin and Ethereum as ‘bearish’ inflows threaten market recovery

Ranging weekend for Bitcoin and Ethereum as ‘bearish’ inflows threaten market recovery Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Analysis Bitcoin and Ethereum fell back down to lower supports followed by weekend volatility. Rohan Jethi · June 27, 2021 …

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ …

CME Group’s Micro Bitcoin Futures Reach 1 Million Contracts Traded

CME Group’s(Chicago Mercantile Exchange) micro-bitcoin futures have already traded more than one million contracts. This instrument allows institutions and retail traders to invest in the crypto asset at a lower price point of 0.1 bitcoin. The contract has only been available for seven weeks, and demand shows there is still room for new derivatives in …

Despite BTC’s Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year

While the price of bitcoin is more than 40% lower than it was 90 days ago on March 29, the number of bitcoin held on exchanges has also been reduced. Last year on the same day in June, 2.79 million bitcoin was retained on crypto trading platforms and a year later roughly 28.67% of the …

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