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Cryptocurrency News

Location American Cryptocurrency News for 16 June 2021
Bitcoin Corrects Lower, Ethereum and Altcoins Extend Losses Bitcoin price failed to stay above the USD 40,000 level and started a downside correction. BTC traded below the USD 39,500 level. It is currently (12:14 PM UTC) showing bearish signs and it seems like the bears might tes...
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Bitcoin Prepares for Next Move, Ethereum and Altcoins Correct Lower Bitcoin price settled above the USD 39,500 and USD 40,000 levels. However, BTC is facing hurdles near the USD 41,000 and USD 41,200 levels. It is currently (04:32 UTC) consolidating gains and it could correct gains towar...
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Italy's Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of lega...
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Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an ...
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Solving the Climate Change Problem Using Blockchain Technology - Start of the FOSTER Project The Swiss company TRES Group GmbH is launching an exciting and innovative program aiming at adding a solution to the Climate Change challenge. For several months, the FOSTER project has been under development, which aims...
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Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH Bitcoin's recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit.
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Entertainment Giant Fox Teams up With Bento Box to Manage $100 Million NFT Creator Fund Fresh off the heels of announcing a non-fungible token (NFT) organization called Blockchain Creative Labs and a blockchain-based animated series, Fox Broadcasting Company has revealed it’s invoked a $100 million fund w...
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Spanish Crypto Firms will Have to Run their Campaigns Past Regulator A leading Spanish financial markets regulator is set to begin policing crypto firms' advertising campaigns - in direct response to a recent "aggressive" campaign that saw Madrid billboards plastered in crypto advertiseme...
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Dip-buyers anticipate further downside after Bitcoin price falls to $38K Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached.
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Fed Keeps Rates, Says Inflation 'Largely Reflects Transitory Factors' Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News The US Federal Reserve (Fed) decided to keep the target range for the federal funds rate at 0 to 0.25%, increased GDP growth and inflation forecas...
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Diversification into Bitcoin a 'prudent move,' says Bloomberg strategist The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally.
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Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach ...
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British Financial Advisers Don't Like Crypto & Meme Stocks + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. _____ Investments news Over 90% of 200 surveyed independent financia...
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Bank of England Boss Pledges 'Tough Love' in Cryptocurrency Regulation Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free pass to ignore the public interest. Th...
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Bullish all the way? MicroStrategy doubles down on its Bitcoin bet MicroStrategy's latest bond offering seeks to deliver a yield of 6.25%-6.5% -- significantly higher than an average junk bond yield of 4.01%.
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Bybit-backed BitDAO Announces USD 230M Funding Round to Fuel R&D The recently created decentralized autonomous organization (DAO) BitDAO says it has raised over USD 230m from a private sale funding round. In a press release shared with Cryptonews.com, the DeFi group stated that it had...
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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned...
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Looming 'death cross' may put Bitcoin bull run in danger ahead of Fed meeting Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on bets of increasing anti-inflation, but a looming death cross could spoil the upside outlook.
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Jack Dorsey notes lobbying efforts to get Ethiopian gov't to embrace Bitcoin Ethiopian-based group Project Mano is lobbying the government to mine, hold and link Bitcoin to the Ethiopian birr or other legal tenders.
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US Fed Inactivity May Lead Bitcoin to Moon, But a Negative Impact is Possible The US Federal Reserve (Fed) is set to wrap up its two-day meeting today, ending with Chairman Jerome Powell holding a press briefing - and with many expecting lack of action to follow, the Cryptoverse insiders see this ...
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Utopia P2P's Crypton (CRP) is the Future of Cryptocurrency Mining The text below is an advertorial article that was not written by Cryptonews.com journalists. Among the most popular cryptocurrencies for mining are Bitcoin, Ethereum, Filecoin, Chia. Each has a relatively high investment...
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DOGE Competitor, Richquack.com, From $16,186 to $4,436,249 Less Than 1 Week! Disclaimer: The text below is a press release that was not written by Cryptonews.com. "How much would you invest if you knew that our market cap would jump from 16k to 4.4million USD?" - @RichQuack Twitter Richquack.com ...
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