Crypto-friendly SEC Commissioner Hester Peirce called for nuanced cryptocurrency regulations as several agencies pursue stricter policy mandates. Hester Peirce of the United States Securities and Exchange Commission has once again urged regulators to take a step back from attempting to overregulate the crypto space. Speaking to Financial Times, Peirce, affectionately dubbed “Crypto Mom” due to …
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Bitcoin (BTC) Price Prediction – June 9, 2021 On May 8, Bitcoin declined to $31,000 support as Bitcoin risks $28,000 low. Following its initial fall from the $39,000 high, the king coin is making a gradual decline to the critical support at $30,000. BTC/USD has fallen to the bearish trend zone as price makes a …
OKCoin becomes the first US-regulated exchange to integrate Polygon (MATIC) The integration will drastically reduce Ethereum fees for DeFi users Users can now directly withdraw their finds from OKCoin into Polygon (MATIC) The transaction between OKCoin and Polygon is free save for the regular contract fee The digital asset exchange of OKCoin has announced the …
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U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost Transactions in Euro and Bitcoin The Bottlepay app will allow Europeans …
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The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. Following the announcement of the shutdown, Coinseed’s CEO said he created an ERC20 token called “FLJ” …
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out,” …
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One of the biggest franchises in the videogame industry, Grand Theft Auto, will feature in-game payments of “bitcoin” or another fictional cryptocurrency. Contractors will pay the player with this currency when they need to make anonymous, untraceable payments. This would constitute another push for Bitcoin awareness into mainstream media culture. Grand Theft Auto 6 to …
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Our selection of the 3 best cryptocurrencies to buy for DeFi price gains will help you capitalize on this investment growth story, even amidst the crypto breakdown. The crypto market is engulfed by bearish sentiment, which means anyone looking to invest in cryptocurrencies should be cautious. However, you can win in the market slump by …
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The Tesla CEO was the subject of criticism for his devil-may-care approach to moving cryptocurrency markets. Tesla CEO Elon Musk has been criticized for wielding what many perceive to be irresponsible influence over the cryptocurrency market. Musk regularly took to Twitter to post memes and hot takes on various cryptocurrencies throughout most of 2021, not …
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Bitcoin is now officially legal tender in a sovereign state for the first time, but can it exit its bearish price phase? Bitcoin (BTC) headed towards $35,000 on June 9, boosted by historic news that El Salvador had made it legal tender. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader “not sure” if Bitcoin has …
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CFTC Commissioner Dan M. Berkovitz has called for a crackdown on unregulated DeFi derivatives platforms. Commissioner Dan M. Berkovitz of the Commodity Futures Trading Commission (CFTC) believes DeFi derivatives platforms may contravene the Commodity Exchange Act (CEA). Speaking as part of a June 8 keynote address dubbed “Climate Change and Decentralized Finance: New Challenges for …
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Hovers at Lower Range-zone – June 9The lower range-zone of $2,500 is still relevant in the ETH/USD trade valuation as the crypto’s worth continually hovering around it. Price is now trading around the $2,518 level at an about 0.34 percent increase. Hovers at Lower Range-zone: ETH MarketKey Levels:Resistance levels: $3,000, $3,500, $4,000Support levels: $2,300, $2,000, …
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President Nayib Bukele’s Bitcoin Law will reportedly be passed in the Salvadorian congress tonight. Nayib Bukele, the president of El Salvador says there’s almost “a 100% chance” his bill to make Bitcoin legal tender will pass tonight. In a Twitter Spaces conversation happening now he said the bill was currently in debate and as his …
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KSM token prices surge as Parachain auctions launch nears. U.S. cryptocurrency exchange Kraken has announced a “first-of-its-kind” Parachain Auction Platform enabling clients to participate directly from the exchange. In a blog post on June 8, Kraken revealed the new platform will enable users that qualify to pledge support for Kusama projects vying for a Parachain …
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Vitalik Buterin has recounted how turned $25,000 into $4.3 million in three years by investing in DOGE. In his recent appearance on the Lex Fridman podcast, Ethereum co-creator, Vitalik Buterin, revealed he profited more than $4 million from a $25,000 investment that he made into Dogecoin during 2016. But true to form, he gave it …
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