Traders look for Bitcoin price daily close at $41K to confirm bullish reversal

Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action. Bitcoin started the week with a strong breakout to $40,900, but today bulls are trying to hold Bitcoin price above the $40,000 level.  As the price broke from the $31,000 to $39,000 range on June …

Beer and horses? Combination takes to the digital space with branded NFTs

Is this the 21st century crypto-themed update to “bread and circuses”? The U.K. arm of pilsner beer brand Stella Artois is partnering with a digital horse racing game to release a series of nonfungible tokens. In a Tuesday announcement from Stella Artois’ U.K. brewery, the beer brand said users of the digital racing game ZED …

Sotheby’s will auction World Wide Web source code as NFT

Describing NFTs as the “most appropriate means of ownership that exists,” a 65-year-old computer scientist will release a tokenized version of the World Wide Web code next week. British computer scientist Tim Berners-Lee, who developed the original source code for the World Wide Web, is making the data part of a nonfungible token (NFT) through …

Latin American telecom company accepts crypto payments through BitPay

GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform. GoldConnect, a Latin American telecommunications wholesaler, announced Tuesday that it will allow customers to pay with cryptocurrencies through payment processor BitPay, marking another important milestone in the region’s embrace of Bitcoin (BTC). Crypto payments …

Getting Started with the Bitcoin Betting Portal 1xBit

It is only a matter of time before cryptocurrencies are as widespread as the US Dollar, the Euro, or other currencies that we see in our everyday lives. This means that now there are even bookmakers eager to welcome new people into this crypto frenzy. Here we will explain how to use Bitcoin bet portal 1xBit. …

Crypto’s fraught relationship with Elon Musk: Ambassador or liability?

In an optimistic interpretation, Musk’s relationship with crypto could be a force that always wills the evil and always produces the good. When Tesla CEO Elon Musk revealed his company’s Bitcoin (BTC) exposure and announced the launch of crypto payments, BTC took off to reach its all-time high. Shortly thereafter, however, Musk started tweeting about …

‘Tiger King’ star and convicted animal abuser Joe Exotic to launch NFT from prison

The “Official Tiger King NFT” auction will kick off on major nonfungible token marketplace Mintable on Friday. The nonfungible token industry isn’t over yet, as Tiger King star Joe Exotic is set to launch his own NFT drop from prison, with some external assistance. New York-founded cryptocurrency club More announced Tuesday its foray into the …

Another first for Polkadot as Kusama council approves first parachain slot auction

The first Kusama parachain slot auction will now commence and is set to run for the next week. Polkadot’s Kusama council passed Motion 310 on Tuesday, confirming the start of the first slot auction on the Kusama network. According to details shared on the Polkadot governance platform Polkassembly, 13 out of the 19 “seats” on the …

Former PayPal employees launch decentralized cross-border payment network on Algorand

“Fueling cross-border transactions with regulated stablecoins to represent fiat on-chain has never been done before,” said Borderless Capital CEO David Garcia. Two former PayPal workers in business and technology have launched a cross-border payment system aimed at “faster, cheaper, and more transparent payments.” In an announcement today, fintech infrastructure firm Six Clovers said it had …

Russian central bank ‘short-sighted’ regarding crypto, lawmaker says

A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets. A Russian State Duma member has blasted the central bank’s tough stance on the cryptocurrency industry for ignoring the growing demand for crypto in the country. Fedot Tumusov, a member of the “A Just Russia” party representing the …

Within five years, US hedge funds expect to hold 10.6% of assets in crypto

North American hedge funds are at the vanguard of crypto-curious investors, although EU and U.K. funds are not far behind, expecting to hold 6.8% of their assets in crypto within five years. A new survey of 100 chief financial officers at hedge funds worldwide has indicated that the sector is planning a significant increase in …

A Bitcoin indicator with a ‘perfect’ history just told you to buy the dip

A $40,000 BTC price provides a classic entry point, the Bitcoin-to-stablecoin ratio oscillator suggests. MicroStrategy may be as smart as ever “buying the dip” in Bitcoin (BTC) as an indicator with a “perfect” history tells traders to buy. In a tweet on Tuesdsay, popular analyst Cole Garner flagged bullish signals for the Bitcoin-to-stablecoin ratio oscillator. …

$1.3M worth of BTC donated to Bitcoin-hodling charity in less than 3 weeks

The Bitcoin Water Trust has already received more than $1.3 million worth of BTC donations despite launching just three weeks ago. New York-based non-profit, Charity: water, has received more than $1 million in BTC donations to its Bitcoin Water Trust within three weeks of the trust’s launch. The Bitcoin Water Trust was announced during the …

Bitcoin price bottom is in, says Fidelity exec as crypto market exits ‘extreme fear’

Macro comparisons suggest that there’s no more room for dips on BTC/USD, suggests Jurrien Timmer. Bitcoin (BTC) has already hit its price bottom, one of the industry’s top executives believes as BTC price action stays above $40,000. In a tweet on June 14, Jurrien Timmer, director of global macro at U.S. multinational financial services corporation Fidelity …

Bitcoin investors more bullish than ever despite 50% price crash: survey

A survey reveals investors are still bullish on Bitcoin and other cryptocurrencies despite the recent market drop. Despite Bitcoin (BTC) and the wider cryptocurrency market experiencing one of its worst crashes in recent memory, investors are apparently more bullish than ever regarding the future fortunes of Bitcoin and a host of altcoins. That’s according to …

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