Crypto News
Coins, Tokens, ICOs, InvestmentsBank of Israel deputy governor confirms digital shekel pilot is underway
Despite the pilot, the central bank’s deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a “pyramid scam.”
Polywhale Finance founders accused of rug pull amid abrupt shut down
The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday.
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation.
Polkadot-powered DeFi platform Reef to utilize Pinknode for secure API endpoints
Reef Finance, the organization building Reef Chain, a DeFi blockchain built using Substrate Framework, recently announced integration with Pinknode to provide secure and reliable API endpoints for Reef users. The Reef Finance platform allows users access to a multitude of DeFi products across multiple chains by aggregating liquidity from the most profitable centralized and decentralized […]
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Canadian regulator will hold hearing against Bybit for alleged violations of securities law
The commission alleges Bybit exposes local investors “to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.”
Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25.
Institutional selling of crypto reaches longest streak since Feb 2018
CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds.
Price analysis 6/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge.
Sotheby’s will allow people to trade their crypto for an ‘intrinsically worthless’ rock
Is the auction house betting that diamonds will become a crypto user’s best friend?
Blockchain infrastructure provider Scalable Solutions is now SOC 2 certified
Scalable Solutions, a blockchain asset infrastructure provider, has announced that its technology has been audited and is now SOC 2 certified. SOC 2 (system and organization controls 2) is an auditing procedure developed by the American Institute of Certified Public Accountants. Above all, SOC 2 ensures service providers securely manage data to protect the interests […]
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Zebpay will join organization proposing regulatory framework for crypto in India
“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry,” said Rameesh Kailasam.
Malta Chamber of Commerce business unit responds to allegations of lax crypto oversight
“Portraying this sector as one which is not subject to adequate supervision is not a reflection of reality and does not do justice to the work and efforts of the MFSA and VFA Agents,” said the VFA Agents Business Unit.
China Rehashes Bitcoin FUD Amid Pressure on CCP
The Central Bank of China (PBoC) has pressured the Commercial Bank of China, Agricultural Bank of China, Construction Bank, Postal Savings Bank, Industrial Bank and Alipay (China) Network Technology Co.,…
If the peer review system is broken, what the hell is the point of Cardano’s reliance on it?
“What the hell is the point of Bitcoin?” asks Cardano founder Charles Hoskinson.
Bitcoin for Beginners
From the day Bitcoin came into our lives, it has managed to divide the investment world and create a whole new market, that of cryptocurrencies. But some still don’t all know what bitcoin is and how it works. It makes sense to ask, “How do I earn bitcoin? Or, how do I buy bitcoin, and what will it do for me?” So, keep reading to find what you need to know to enter the world of the king of cryptocurrency. What exactly is bitcoin? Bitcoin is a digital currency. In other words, it allows you to make electronic transactions (so it works like regular money). You can use bitcoin to pay for
Coinbase-backed Securitize secures $48M in Series B funding
Morgan Stanley Tactical Value and Blockchain Capital have led a funding round for Securitize.
Saylor Buys the Dip
Microstrategy’s CEO Michael Saylor has announced the company has completed its purchase of 13,005 bitcoins for approximately $489 million in cash at an average price of approximately $37,617 per bitcoin,…
Nvidia GPU prices in China fall amid crypto mining crackdown
Graphics card prices in China reportedly dropped as much as two-thirds on Chinese e-commerce websites.
El Salvador adopting Bitcoin could make it lose market dominance
The Salvadoran experiment is the shot heard round the world for the mainstream adoption of decentralized digital currencies as money.
MicroStrategy expands company’s Bitcoin holdings with $489M purchase
MicroStrategy has announced an additional Bitcoin purchase to the tune of $489 million.
Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K
Bitcoin flashes a classic bearish technical pattern that could crash BTC prices to below $20,000.
Bank TSB set to bar 5.4M customers from buying crypto
Bank TSB is set to become the latest financial institution in the United Kingdom to prevent customers from investing in crypto.
Crypto is the most dangerous investment, Bank of Russia governor says
The governor of the Bank of Russia has maintained a tough stance on Bitcoin despite growing criticism of how the bank has handled digital asset regulation.
Banks fall in line as China’s central bank cracks down on crypto accounts
AgBank — the world’s third-largest bank by assets — has indicated it will follow the PBoC’s cue and work to stamp out its clients’ crypto-related activities.
Banque de France tests digital currency-based securities settlement
The Bank of France has completed a central bank digital currency pilot for securities transactions in collaboration with Swiss crypto bank SEBA.
Dos and Don’ts When Out Gambling with Crypto
Crypto Casino is as same as the conventional casino, with the exception of the part that you are betting your cash in cryptocurrency. Numerous platforms in crypto casinos in the market help significant Cryptocurrencies like Ethereum, Bitcoin, Litecoin, Bitcoin Cash, etc. Consequently, picking the best Crypto Casino can be somewhat overpowering, yet with proper planning […]
Post source: Dos and Don’ts When Out Gambling with Crypto
China’s 3rd largest bank ‘rugs’ BTC: 5 things to watch in Bitcoin this week
A statement threatening account closures for crypto activity causes mayhem before being deleted minutes later as FUD rules supreme on Bitcoin markets this week.
Iran government reportedly bans local blockchain association
A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community.
Former LA Dodgers owner earmarks $100M for blockchain-based social media
The use of blockchain could discourage bad behavior because people would be tied to their posts forever, Frank McCourt said.
Bitcoin price dips to $32.5K on ‘consistent’ new China FUD
BTC/USD sheds $1,000 almost instantly as China’s third-largest bank puts the cats amongst the pigeons in early trading.
Bitcoin hashrate hits 8-month low as Chinese miners power down
Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop.
DOGE dumps as Dogecoin-sponsored NASCAR driver crashes
The Dogecoin-themed race car that crossed the finish line sideways after hitting a wall on Saturday appears to have served as the perfect metaphor for DOGE’s weekend performance.
Digital euro offers better privacy protections than private stablecoins: ECB official
Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued.
BEWARE: Fake Ledger Devices | This Week in Crypto – Jun 21, 2021
The post BEWARE: Fake Ledger Devices | This Week in Crypto – Jun 21, 2021 appeared first on 99 Bitcoins.
Users are receiving fake Ledger devices, Paraguay to follow in El Salvador’s footsteps in …
BEWARE: Fake Ledger Devices | This Week …
Bitcoin is ‘own worst enemy’ and will lose to Ethereum: Charles Hoskinson
Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson.
Crypto-finance company Amber Group valued at $1B following $100M raise
The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners.
4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds
Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing.
Minneapolis Fed President Neel Kashkari calls DOGE a ponzi
The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.”
Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP
If Bitcoin price remains in the current range, ADA, THETA, XMR and AMP could bounce higher over the coming days.
$71B in crypto has reportedly passed through ‘blockchain island’ Malta since 2017
The Financial Action Task Force, a membership body of 37 jurisdictions and two regional organizations, has flagged Malta’s initial push to attract cryptocurrency business as “problematic.”
Bitcoin Passes China Level Assault Test
“From the perspective of the rule of law, if even the freedom of calculation can be deprived, then not only computers and mobile phones should be confiscated. I am afraid…
How smart regulation can improve the future of blockchain
Regulatory bodies must evolve with the markets they regulate, and when it comes to the crypto market, it becomes especially important.
Increasing Diversity in the Workplace
Diversity is a very prevalent and relevant issue in our society today. It is even more important to consider in the business environment. Business has historically been an exclusive sector of the workforce and because of this, we are still seeing the repercussions today. Today 48% of businesses are not on track to meet their diversity goals, this is not an acceptable statistic. The choice to embrace diversity should not have to be quantified but studies show that the 20 most diverse companies in the S&P 500 have higher average profitability than their less diverse counterparts. Embracing diversity must come
Bitcoin price can hit $450K in 2021, $135K is ‘worst-case scenario’ — PlanB
The only way is (more or less) up for BTC price action, the analyst insists, offering a potential 2021 high of $450,000.
Decentralized identity can bring the analog world into the digital one
A system of unified digital identity can replace lengthy approval and authentication chains with a simple DLT solution.
Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Downward volatility hits the market on Sunday, as market participants argue that most of the drop is already complete.
NFT art galleries: Future of digital artwork or another crypto fad?
Physical NFT art galleries are popping up all over, but why? And does the public appreciate them, regardless of their crypto knowledge?
DDOS Attacks Report for Q1 2021 by StormWall
StormWall analyzed the statistics of DDoS attacks conducted against its customers in Q1 2021. StormWall, an international provider of solutions for protection against DDoS attacks, presents an analysis of the statistics of attacks recorded in Q1 2021. The statistics reflect the established attempts of DDoS attacks against StormWall customers from different countries of the world, representing various industries and sectors of the economy. General situation As our analysis showed, the intensity of DDoS attacks, in general, continues to grow. So, in Q1 2021, we recorded 25.4% more attacks on our customers than in the fourth quarter of 2020. The leaders
3 reasons why Ethereum may underperform Bitcoin in the short-term
Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors.
Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
Analysts and traders are linking Bitcoin’s bearish turn with the growing strength of the U.S. dollar, but data suggests otherwise.
Canada’s Hive Blockchain Technologies approved for Nasdaq listing
The Canadian miner with a focus on green energy should be available to trade in the coming weeks.
No Bitcoin Block Found in an Hour
The bitcoin network currently is heavily congested with average fees rising as an unknown amount of hashpower is turned off in Sichuan, the world’s bitcoin mining capital. The electricity supply…
Lights Go Off in Sichuan Bitcoin Mining Farms
Sichuan mining farms will all be closed in the early morning of June 20 according to local crypto media, bringing an end to an era. At midnight on June 20th…
A RUNE with a view: How smart crypto traders caught a 48% price pump
THORChain and Kyber provide the perfect examples of how quant analysis and breaking news can help cryptocurrency investors to capitalize on volatile markets.
Ethereum faces largest ever options expiry as bears appear to dominate
A record number of Ether options is set to expire on June 25 as ETH looks to BTC to reverse its price momentum.
Smart contracts and the law: Tech developments challenge legal community
Regulators will be challenged to respond to and address smart contracts, as they represent a cross section of law and technology.
Bitcoin may lose $30K price level if stocks tank, analysts warn
Downside risks for BTC price are also heightened due to the recent dollar bounce.
Beyond the hype: NFTs’ actual value is still to be determined
NFTs present a revolutionary and innovative technology, but their real value has been obscured by hype.
Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies
PERL price defied the marketwide downturn with a 100% rally following the release of an environmentally friendly focused platform that provides users with carbon credits.
Hawkish Fed comments push Bitcoin price and stocks lower again
Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year.
COTI Pay Viper wallet app now available for iOS users
COTI, a blockchain-powered cryptocurrency payment ecosystem, today announced that the first iOS version of its COTI Pay VIPER wallet app is now available on the Apple Store. For Apple users, this immediately makes COTI’s VIPER wallet accessible everywhere and to everyone. The first COTI Pay Viper version for iOS includes: Easy and quick two-step login […]
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Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
Bitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate.
Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX.
Texas crypto users will soon be able to buy and sell tokens at major supermarket chain
The state is already becoming known for attracting miners and attempting to pass pro-crypto legislation, with Governor Greg Abbott saying he was a “crypto law proposal supporter.”
Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
Traders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000.
Cointelegraph Consulting: Report pictures a crypto-consumer portrait
While some have doubts when it comes to cryptocurrencies as a form of payment, this survey of active users indicates that they are genuinely impactful reasons for switching to crypto.
Calling the crypto space ‘a very masculine area,’ Mila Kunis launches NFT project
Following a deep dive, the actress said she found the crypto space to be “really empowering,” which led to the creation of the Stoner Cats animation.
China, The End of an Era
We look to the 70s as the beginning of the modern age. Those that follow may look to the 20s as the beginning of theirs. Not least because a generation…
Ethereum’s ‘London’ hardfork set to go live on testnets starting June 24th
Three Ethereum testnets now have a set date for the London hardfork, a key step towards a full mainnet implementation.
Pro basketball league in Canada will offer players Bitcoin salaries
“The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer,” said Guelph Nighthawks guard Kimbal Mackenzie.
Blockchain infrastucture platform PARSIQ secures $3M in Series A funding round
PARSIQ, a blockchain infrastructure platform, announced earlier this week it has closed its $3 million Series A funding round. The round was backed by the Solana Foundation and Axia8 Ventures. In addition, participation came from Mindworks VC, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures, and others. Lastly, Evan Cheng, Director of Research at […]
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Even Elon Musk can’t save Dogecoin from crashing another 60%, analyst asserts
The meme cryptocurrency has crashed by over 60% from its May 8 peak and one analyst believes it has another 60% deeper to go.
Dow, Bitcoin, Gold, Everything Falls
Dow Jones has fallen by about 1.4% today in a generally red market across stocks, commodities and cryptos. Gold has crashed by their standards, down to $1780 from $1,900 with…
Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital
Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product.
Bitcoin price falls below $37K amid little hope of a definitive weekend bounce
Support at $36,000 may also be temporary, one trader warns, after a major Binance buy wall is obliterated.
Bitcoin’s Hashrate Falls to a Yearly Low
Bitcoin’s hashrate has fallen to its lowest level this year on a weekly average basis according to blockchain data as pictured above. The hashrate has fallen from an all time…
Joining the ranks: Bitcoin’s correlation with gold and stocks is growing
BTC used to be an uncorrelated asset, but that’s no longer the case. What can gold and stocks suggest about the crypto markets?
Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst
Bitcoin’s production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.
Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst
Bitcoin’s production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.
It’s Time to Change Corporate Culture
People say you are what you eat, and while doctors tend to agree with this, this methodology is seldom applied to the corporate world. Especially in the wake of the pandemic, corporate culture has taken a major hit both virtually and in-person. It is more important now than ever to place the emphasis back on how employees act with one another, and how their environment affects their overall quality of work. Businesses always tend to shy away from spending and investing on corporate infrastructure. They rely on long established corporate hierarchy to instill the values of their companies into future
Over 3,000 ATMs in Beijing can now convert digital yuan into cash
The Agricultural Bank of China previously debuted digital yuan ATMs this January.
Over 3,000 ATMs in Beijing can now convert digital yuan into cash
The Agricultural Bank of China previously debuted digital yuan ATMs this January.
The Truth About the COVID Vaccine
After living through the COVID-19 pandemic, many people sympathize with the sentiment of wanting this to be over. Yet when offering a solution through the vaccine, many are still hesitant on whether to get it or not. It’s important to ignore misinformation and instead focus on COVID vaccine facts. One of the main hesitations is the speed at which the COVID-19 vaccine was developed. Traditional vaccines take between 10-15 years to design and administer and the COVID-19 vaccination took less than a few months. However, this is not the first time this has happened; the H1N1 vaccine also was developed
The Truth About the COVID Vaccine
After living through the COVID-19 pandemic, many people sympathize with the sentiment of wanting this to be over. Yet when offering a solution through the vaccine, many are still hesitant on whether to get it or not. It’s important to ignore misinformation and instead focus on COVID vaccine facts. One of the main hesitations is the speed at which the COVID-19 vaccine was developed. Traditional vaccines take between 10-15 years to design and administer and the COVID-19 vaccination took less than a few months. However, this is not the first time this has happened; the H1N1 vaccine also was developed
Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients
BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments.
Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients
BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments.
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program.
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program.
Press Release: Americas Cardroom Credits Crypto For Its Growth
The rise of cryptocurrency is easily one of the top financial stories of 2021. Just visit any reputable news site and brace yourself for endless stories about how crypto stands…
Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners
Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply.
Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin
Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued.
City in Sichuan reportedly orders crypto miners to shut down for investigation
Crypto miners in Ya’an City have reportedly been ordered to temporarily shut down their operations.
Denmark’s largest bank cautious on crypto, but won’t interfere
Danske Bank isn’t completely sold on cryptocurrency but said it won’t stop its customers from using its services in connection with crypto platforms.
Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level
Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall.
Has the Doge had its day? Dogecoin interest cools
Interest is falling across several metrics, but can you keep a good Doge down?
Nifty News: Hot Wheels, NBA game ticket NFTs and Crypto.com invests in eBay for NFTs
Crypto.com has invested in a multichain NFT marketplace start-up, Hot Wheels are set to be tokenized, and you can now purchase NFT cosmetics.
Goldman Sachs analysts divided over whether Bitcoin is an ‘investable asset class’
Goldman has flip-flopped again declaring crypto assets as unworthy of investment in the same week it expands its crypto trading desk.
DeFi focused: Grayscale exploring 13 more crypto assets for its trusts
Grayscale has added 13 new cryptocurrencies to its list of assets under consideration, again exhibiting significant interest in DeFi.
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