BTC will look for a bounce as investors hold coins off exchanges. XDC was the best-performing coin of the week. ETC and SNX also supported. BTC Bitcoin’s weak bounce from the $30k support level continues at that brings risk for the coin. However, some are hopeful that the expiration of investor restrictions in the Grayscale …
Continue reading “Bitcoin price remains weak but exchange holdings drop, ETC, XDC, SNX, Jul. 5”
The Department of Justice’s Northern District of Ohio received a significant return on the confiscated Bitcoin (BTC) forfeited after Mark Alex Simon’s conviction, accused of manufacturing and distribution of fraudulent identity documents or authentication features and conspiracy to launder money, according to Toledo’s local news. As per U.S. Attorney Bridget M. Brennan’s announcement last Thursday, …
Continue reading “US Feds just sold $19 million in Bitcoin. Here’s why”
Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Analysis The crypto space saw choppy market conditions over the weekend as a crucial Bitcoin metric saw one of its biggest drops …
Continue reading “Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline”
Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were affected by the breach as the attackers encrypted the files of some 200 clients. Biden said on Friday that he’s ordered an investigation into the …
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal parliament, the Bundestag, cleared the legislation on April 22. Under this …
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. The CEO of the Forward Thinking Group UK, Neil McCoy-Ward, thinks the current stock market is “completely disconnected …
In a recent development, Grayscale Investments announced an adjustment to its Grayscale Digital Large Cap Fund (OTCQX: GDLC) to include Cardano (ADA) as the third-largest holding. Reflecting the growing demand for crypto investments, the fund’s portfolio was adjusted by selling existing components for fiat currency and reinvesting it in Charles Hoskinson’s ADA token. As of …
Continue reading “Grayscale adds Cardano to Digital Large Cap Fund after rebalancing”
Bitcoin (BTC) traded at crucial support near $33,000 on Monday after a weekend of gains disappeared in hours. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin futures mark fresh price targets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing bullish performance at $35,900 to drop just over 5% on the day. The U-turn …
Continue reading “BTC price drops to fill Bitcoin futures gap as focus turns to $46.5K bull target”
Synthetix (SNX) spiked to its three-week high on Monday in reaction to a market-wide upside correction led by Bitcoin (BTC) and other top-cap digital assets. The Synthetix project’s native token reached $9.59 after rising four days in a row by up to 50%. That included a sharp 18.29% upswing in the previous daily session, sparked …
As the Ukrainian government progresses with cryptocurrency-related legislation, a major local e-bank is preparing to launch a debit card featuring Bitcoin (BTC) trading. Ukrainian online banking application Monobank has completed a pilot integration with a cryptocurrency trading platform, Monobank co-founder Oleg Gorokhovsky announced Monday. According to the executive, the new integration will enable Monobank users …
Continue reading “Ukrainian e-bank plans to offer Bitcoin trading in July”
Cryptocurrencies have stopped being something unusual. At the beginning of the crypto era, no one could ever think it would reach such a scale. 2021 is a big year for the whole crypto market that undergoes massive changes. We see that it’s dependent on external factors. The situation with Elon Musk’s tweet showed it to …
Continue reading “What to Expect From Cryptocurrency Markets This Summer”
Bitcoin is the #1 cryptocurrency that foresees making secure payments worldwide and keeps money safe thanks to the decentralized system. Bitcoin is the #1 cryptocurrency that foresees making secure payments worldwide and keeps money safe thanks to the decentralized system. A lot of people all around the world use it for transferring money and making …
Continue reading “Five People Who Became Very Rich Thanks to Bitcoins”
More and more industries are embracing cryptocurrencies for their security and convenience. Blockchain has plenty of potential applications. With innovation still spreading and institutional adoption on the rise, we can expect rapid integration of Bitcoin and other cryptocurrencies into the entertainment segment. Even today, these instruments are being used in quite a few ways. Bitcoin …
Continue reading “Bitcoin in Digital Entertainment: What Are the First Steps?”
Prominent crypto strategist and trader Michaël van de Poppe is keeping a close watch on four altcoins this month that he says are on the verge of huge breakouts. In a new video, Van de Poppe tells his 107,000 YouTube subscribers that number one on his list is decentralized finance (DeFi) yield aggregator DFI.money (YFII). …
The State Bank of Vietnam is reportedly set to become the latest central bank to delve into explorations of the feasibility and operationally of central bank digital currencies (CBDCs). Its brief, distinct from some other countries, is to trial a digital currency that would expressly be built on blockchain technology, rather than a centralized protocol. …
Continue reading “Report: Vietnam’s PM asks State Bank to trial digital currency on blockchain”
