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Why Is Bitcoin (BTC) in Red?
21.6.2021
BTC was in the uptrend for a short duration and even broke through its immediate resistance at $40,000 and stayed above this psychological level for two days. But Chinese crackdown on mining companies has put a huge dent in BTC valuations. Even the hash rate for BTC mining fell by 18%. First, China...
MicroStrategy expands company's Bitcoin holdings with $489M purchase
21.6.2021
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
21.6.2021
Bitcoin flashes a classic bearish technical pattern that could crash BTC prices to below $20,000
China's 3rd largest bank 'rugs' BTC: 5 things to watch in Bitcoin this week
21.6.2021
A statement threatening account closures for crypto activity causes mayhem before being deleted minutes later as FUD rules supreme on Bitcoin markets this week
Bitcoin price dips to $32.5K on 'consistent' new China FUD
21.6.2021
BTC/USD sheds $1,000 almost instantly as China's third-largest bank puts the cats amongst the pigeons in early trading
$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’
21.6.2021
The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been...
Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP
20.6.2021
If Bitcoin price remains in the current range, ADA, THETA, XMR and AMP could bounce higher over the coming days
Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
20.6.2021
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely...
Bitcoin price can hit $450K in 2021, $135K is 'worst-case scenario' — PlanB
20.6.2021
The only way is (more or less) up for BTC price action, the analyst insists, offering a potential 2021 high of $450,000
Bitcoin price dips below $34K as Grayscale starts giant BTC unlocking
20.6.2021
Downward volatility hits the market on Sunday, as market participants argue that most of the drop is already complete
Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery
19.6.2021
Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show the hashrate has been fluctuating wildly, and across the last week it has slid downward roughly 26%. Reports Show Bitcoin Mining Crackdowns...
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
19.6.2021
Analysts and traders are linking Bitcoin's bearish turn with the growing strength of the U.S. dollar, but data suggests otherwise
Basketball Players in Canada to Be Paid in Bitcoin
19.6.2021
CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy. Bitbuy to Convert...
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
19.6.2021
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service...
Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
18.6.2021
Traders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000
Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year
18.6.2021
A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of all the states in the U.S., with a 687% increase since 2020. As far as increased cryptocurrency demand since last year, Nevada, California, Florida,...
Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’
18.6.2021
Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. Miami’s Mayor...
13 New Grayscale Candidates, Goldman Galaxy, Danske Upholds BTC Ban + More News
18.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Investment company Grayscale Investments has expanded their list of assets that they’re considering for inclusion into their...
Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital
18.6.2021
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
18.6.2021
Support at $36,000 may also be temporary, one trader warns, after a major Binance buy wall is obliterated