Chinese court invalidates 2019 car sale made using now worthless crypto token
It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place. Last week, a WeChat…
HM Treasury changes course on collecting data around unhosted crypto wallets
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update. The government of the United Kingdom said it…
Bitcoin futures enter backwardation for the first time in a year
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price. Bitcoin’s (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over…
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index. The…
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down…
‘Bitcoin Is Dead’ Google Searches Skyrocket, Bitcoin Obituaries Records 15 Deaths This Year
According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death was on June 18, in a recent statement that…
Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over…
Polkadot Price Prediction for Today, June 20: DOT May Lose at $9
Polkadot Price Prediction – June 20The DOT/USD market operation yet features under the sell signal sides of the trading tools as the crypto tends to lose momentum around the $9…
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average. The crypto markets have been in a strong bear phase…
Iranian government to cut power supply for the country’s legal crypto mining rigs
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable. According to local news outlet Arz Digital,…
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
The shocking Bitcoin withdrawals appeared as BTC’s extended its decline below $20,000 over the weekend. Canada’s Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just…
Why the crypto market crash may play in Bitcoin’s favour
Podcaster and Bitcoin educator Natalie Brunell believes the current market turmoil could lead to regulation favoring Bitcoin over alts. Natalie Brunell, the host of Coin Stories podcast, thinks that the…
This Week’s Best Bets: Cryptocurrency Sports Betting Picks by 96ACE
Given the massive increase in popularity of cryptocurrency sports betting of late, we’ve invited our friends from 96ACE, the leading online Casino Malaysia has to offer, to rundown some of…
Ethereum Dips Below $1,000 on Three Arrows Selling, AVAX, CEL, SOL, Jun. 20
ETH The price of Ethereum was hit this week with the coin dropping below the $1,000 level. A 9% loss for the week was an improvement from sharper losses after…
A Look Back at Ethereum’s History and Rising Popularity
Although cryptocurrencies have been around for quite a while now, it’s not easy for the large public to gain a solid grasp of the concept given the intricacies of the…