Bitcoin price wicks below $20K as whales send 50K BTC to exchanges
Bitcoin bulls lose their grip as BTC price action remains firmly below a key long-term trendline. Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs…
Bitstamp Launches Earn Product for Ethereum, Algorand Staking in US
Continuing its bid to push deeper into the US market, Luxembourg-based Bitstamp has announced a special Earn product for American investors. The product, which is already available in non-US countries,…
5 Next Cryptocurrency to Explode – June 2022 Week 4
The cryptocurrency market continues to struggle in bearish conditions. After a modest rise yesterday, its total cap is down by 4% in the 24 hours. At $928 billion, it’s also…
Crypto Exchange Uniswap Acquires NFT Aggregator Platform Genie
Uniswap DEX has acquired NFT aggregator platform Genie This marks Uniswap’s second foray into NFTs, after Unisocks. Crypto exchange Uniswap is all set to expand its dominance in the NFT…
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who…
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that…
Telegram Launches Premium Tier Benefits Seeking to Monetize Platform
Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700…
Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers
Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to have made millions using pump-and-dump schemes. Two QAnon-affiliated conspiracy theorist influencers allegedly caused…
USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B
At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin’s dominance…
Bitcoin in Zimbabwe: Importing cars and sending money to family
A young Zimbabwean Bitcoiner built out a business with Bitcoin — importing cars and sending remittance payments — when he returned to his homeland during the COVID-19 pandemic. Bitcoin (BTC)…
HM Treasury pushes back plans to collect data from unhosted crypto wallets
The UK government has announced plans to alter a proposal that required cryptocurrency firms to gather personal data from individuals who have unhosted wallets. The government had passed this proposal…
Bitcoin painted a Bullish Engulfing Pattern after the Dragonfly Doji Pattern
After Bitcoin tumbled to below 20k levels last week, the crowd started waiting for some signs of recovery. It seems that this week, it has hit it. Bitcoin price has…
Blockchain isn’t as decentralized as you think: Defense agency report
The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system. Distributed ledger technology (DLT) and blockchains including Bitcoin and Ethereum…
Twitter board recommends shareholders vote for Elon Musk’s takeover
The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its deadline on Oct. 24. The Twitter board…
SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo
The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it’s better to “let these things play out.” Securities and Exchange Commission (SEC)…