American Popular News for 15 Jun 2021
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay,... Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest in bitcoin. More Countries Eye Bitcoin Adoption After El Salvador passed the bill […]
Investment bank Goldman Sachs has reportedly unveiled its plans to expand its cryptocurrency desk to offer ether futures and options trading. The bank says “institutional adoption will continue,”... noting that “Despite the material price correction, we continue to see a significant amount of interest in this space.” Goldman Sachs Gets Ready to Offer Ether Futures […]
Bitcoin remittances to El Salvador jumped more than fourfold in May from the previous year, according to data from blockchain analytics firm Chainalysis. Last week, El Salvador passed a bill making... bitcoin legal tender in the country alongside the U.S. dollar. The monthly bitcoin transfers of under $1,000 to El Salvador totaled $1.7 million in […]
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren't feeling so bullish.
Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million... secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to Buy Bitcoin Microstrategy Inc. has […]
In an optimistic interpretation, Musk's relationship with crypto could be a force that always wills the evil and always produces the good.
Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance Based on the idea that human nature is pro-cyclical, investors should go against the urge and buy bitcoin (BTC) when the... market is below trend, thus benefiting from the fact that the cryptocurrency has been at this price level or below for only one-fifth of the past eleven years, according to Pantera Capital CEO Dan
The Russian Foreign Minister Sergei Lavrov talked about the future importance of cryptocurrencies as an international settlements layer at the Primakov Readings Forum. Lavrov referred to these assets... as having a “significant role” in the future. Russia has been striving to de-dollarize some of its activities, and this statement might offer a glimpse into future […]
The first Kusama parachain slot auction will now commence and is set to run for the next week.
Polkadot emerged as one of the best-performing tokens week-to-date as traders' focus shifted on DOT's listing at Coinbase Pro and Kusama's first-ever parachain auction, set to go live on Tuesday.
Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the country’s central bank to begin the... necessary preparations for a step-change in global attitudes towards banking. However, in her address of the Tanzanian finance chiefs, Hassan acknowledges that not everyone […]
Bitcoin price formed a short-term top near the USD 41,100 level. BTC corrected lower and it even moved below USD 40,000. It is currently (12:14 PM UTC) trading well above the USD 38,500 support, but... it must gain momentum above USD 40,000 for a sustained move higher. Besides, most major altcoins are facing key hurdles. ETH is struggling to gain bullish momentum above the USD 2,600 resistance.
Peter Smith, CEO of Blockchain.com. Source: a video screenshot, Youtube/ The Business of Fashion Major crypto exchange Coinbase CEO Brian Armstrong is taking a lot of flak today for his open support... of controversial blockchain-based social network BitClout (CLOUT). While another crypto giant, Blockchain.com announced they'll start supporting CLOUT trading this week. Both companies have indirectly
A long-time member of the Russian State Duma has criticized the central bank's approach to digital assets.
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.
There seems to be a rapidly growing appetite for cryptoassets among institutional investors, as nearly a 100% of surveyed hedge fund chief financial officers (CFOs) see their funds investing in crypto... by 2026, and more insurers are seen buying shares of Grayscale Bitcoin Trust or Grayscale Ethereum Trust. As much as 98% of hedge fund CFOs expect their funds to invest in
Disclaimer: The text below is a press release that was not written by Cryptonews.com. Given that the NFT market is rapidly growing, the need for a trustworthy and efficient marketplace became... apparent. Despite multiple platforms for NFT exchange, some users find these services overpriced and lack differentiation in terms of art and collections. The developers of Alium Art recognized the existing
The Lake of Tunis, a natural lagoon located between the Tunisian capital city of Tunis and the Gulf of Tunis. As El Salvador forges ahead with its bitcoin (BTC) adoption plans, in Africa, there are... signs that hardline crypto policies could be set to soften, or even give way to crypto inclusion. In South Africa, the Intergovernmental Fintech Working Group (IFWG) - a
Twice as many European startups have achieved unicorn status in 2021 compared to last year. Despite the negative effects of the ongoing Covid crisis, young companies on the Old Continent, including... several crypto unicorns, have managed to attract a record high amount of VC capital. European Unicorns Collect €32.5 Billion in 2021 This year alone, […]
Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive... promotion that you would like to share with our readers, we invite you to reach out to us. Let's build together. Among other things, cryptocurrencies brought one thing to the spotlight that's been haunting
El Salvador is edging ever closer to fulfilling its President Nayib Bukele's Bitcoin (BTC) dreams - with external help on its way, although voices of disdain continue to warn of impending financial... peril if Bukele gets his way. Per Reuters and AFP (via El Economista), the head of the Central American Bank for Economic Integration (the Banco Centroamericano de
Macro comparisons suggest that there's no more room for dips on BTC/USD, suggests Jurrien Timmer.
A survey reveals investors are still bullish on Bitcoin and other cryptocurrencies despite the recent market drop.
The furore created by Musk's erratic tweets could leave investors out of pocket, but could also bring new eyes to crypto in the long run.
Docker, a popular cloud computing integration solution, is making changes to its free-tier service due to cryptocurrency mining abuse. The service discontinued its “autobuild” feature due to... misuse by bad actors, using it to mine cryptocurrencies in their servers. This is a modus operandi that is now affecting several cloud continuous integration platforms, including GitHub, […]