Closely followed crypto strategist Jason Pizzino believes that it is only a matter of time before the next burst to the upside for Bitcoin (BTC). In a new strategy session, Pizzino tells his 285,000 YouTube subscribers that Bitcoin is in the later stages of a Wyckoff accumulation schematic, which suggests that an asset is forming …
Monthly archives: June 2023
Ethereum (ETH) and Crypto About To Explode to New Highs in Fresh Bull Market: Macro Guru Raoul Pal
Real Vision CEO Raoul Pal is predicting a break out for Ethereum (ETH) and new 2023 highs for the broader crypto market. The former Goldman Sachs executive tells his 996,600 Twitter followers that what he calls the “Exponential Age” has ignited the start of a bull cycle for digital assets. Pal predicts that tech stocks …
Blockchain Security Firm Collects $500,000 Bug Bounty for Finding Threat That Could Have Crippled Sui Network
Blockchain security firm CertiK is receiving a big reward for discovering a major security threat to the layer-1 blockchain project Sui Network (SUI). According to a new press release, Sui is giving CertiK a $500,000 reward for identifying the threat codenamed “HamsterWheel,” which could have crippled the entire blockchain network. “Differing from traditional attacks that …
Amazon Collaborating in Pilot Program for New CBDC Proposed by IMF and Central Banks
The Monetary Authority of Singapore (MAS) has published a whitepaper that proposes conditions for the use of central bank digital currencies (CBDCs), tokenized bank deposits and stablecoins. The whitepaper was produced in collaboration with the International Monetary Fund (IMF), Banca d’Italia, and the Bank of Korea, and is currently paired with a pilot program that …
Bitcoin think tank rejects science behind ‘limited adoption problem’ paper
The researchers claim the ideas driving the conclusions found in the original paper were based on flawed assumptions about the nature of Bitcoin. News Join us on social networks A team of researchers from the Bitcoin Policy Institute, a nonprofit think tank, have roundly rejected the conclusions reached in a 2022 paper claiming that Bitcoin …
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Price analysis 6/21: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Bitcoin’s price surged to $31,000 as a handful of BTC spot ETF applications and Fed Chair Jerome Powell’s views on stablecoins appear to have improved crypto investors’ view of the market. Price Analysis Join us on social networks BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) has encouraged other financial firms to follow suit. First, …
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Nike teases ‘Airphoria’ NFT sneaker on Fortnite: Nifty Newsletter, June 14–20
A project called “Ethscriptions” is bringing Bitcoin Ordinals-inspired inscriptions to the Ethereum blockchain. Newsletter Join us on social networks In this week’s newsletter, read about how a project provided a new way to mint nonfungible tokens (NFTs) on Ethereum. Check out Nike’s new collaboration with the popular online game Fortnite, and how rapper Snoop Dogg …
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Wallet providers introduce BRC-20 token support despite market drawdown
There are currently more than 34,000 types of BRC-20 tokens in circulation. News Join us on social networks On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature, users can view, rank and transfer BRC-20 tokens and nonfungible tokens (NFTs). Developers also stated BRC-20 in-wallet …
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MakerDAO Diversifies Holdings By Purchasing $700 Million Of U.S. Treasuries
MakerDAO has purchased U.S. Treasury bonds worth a whopping $700 million. The DeFi protocol’s total Treasuries holdings now stand at $1.2 billion amid attempts to diversify its holdings. Maker’s first U.S. Treasuries purchase was with $500 million back in October 2022. The latest purchase marks the last step in the protocol’s Endgame Plan which was …
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Central Banks Pitch Standards For CBDCs & Stablecoins With Industry Giants
The Monetary Authority of Singapore has published a whitepaper in collaboration with other central banks and financial institutions. The central bank proposed standards for the use of digital money, including Central Bank Digital Currencies (CBDC). The MAS tapped the International Monetary Fund as well as Amazon and DBS for its proposal. The Monetary Authority of …
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Payments Giant Mastercard Files Trademark for Set of Crypto and Blockchain Tools
Payments processing giant Mastercard is filing a trademark application for a number of crypto blockchain tools in its latest advancement in the digital asset space. According to the U.S. Patent and Trademark Office application, Mastercard intends to introduce software for crypto transactions and create links between virtual asset service providers. [adinserter block=”1″] Says the trademark …
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Struct Finance Launches Customizable Interest Rate Products, Enabling DeFi Users To Earn Predictable Returns
June 21, 2023 – Tortola, British Virgin Islands Struct Finance – a DeFi platform that enables investors to engage with tailored structured financial products linked to digital assets – today announced the mainnet launch of its innovative ‘interest rate vaults’ and unique tranching mechanism. Amid the highly volatile crypto industry, users can now invest in …
Bitcoin Whales Accumulate $3,500,000,000 in BTC As Wallet Balances Hit Seven-Month High: Santiment
Crypto analytics platform Santiment says Bitcoin (BTC) whales took advantage of the market downturn to accumulate BTC. Santiment says that since April, Bitcoin whales have added BTC worth a combined $3.5 billion to their holdings. [adinserter block=”1″] According to the crypto analytics platform, the level of accumulation by whales holding between 1,000 to 10,000 BTC …
Three Arrows Capital founders launch new VC fund
“3AC Ventures is focused on superior risk-adjusted returns without leverage,” the firm wrote. News Join us on social networks On June 21, OPNX exchange, a platform for trading claims against bankrupt crypto entities, announced a new ecosystem partner dubbed “3AC Ventures.” According to developers, “the partnership will invest in projects building in the OPNX ecosystem …
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US lawmakers propose bills to hold bank execs accountable for failures and address risks
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank. News Join us on social networks Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first wave” of …