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Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says
13.6.2022
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target
Michael Saylor's Microstrategy Leads Plunge in Crypto-Related Stocks
13.6.2022
Cryptocurrency-related stocks are down heavily in pre-market trading as Bitcoin slumps to its lowest point in 18 months
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020
13.6.2022
Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process. Bitcoin Bitcoin fell to its lowest level since December 2020 on Monday,...
CryptoNewsZ Named “Crypto News Site of the Year” at AIBC Awards 2022
13.6.2022
CryptoNewsZ bagged the “Crypto News Site of the Year” award at the prestigious AIBC Americas Summit 2022. The event was held from June 6-9 in Toronto, Canada, and saw the presence of esteemed personalities and successful startups from all over the blockchain industry. AIBC Americas,...
Russian Parliament to Review Bill Prohibiting Crypto Payments
13.6.2022
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use...
XTRA․FUND – the World’s Only DeFi Platform That Always Rewards, No Matter the Market
13.6.2022
The cryptocurrency Winter is (NOT) here to stay. If the media was any indicator of the current state of the cryptocurrency industry, one would think it was time to “pack up” and find a new technology to invest both time and money into. It is true that the cryptocurrency industry...
Goldman Sachs Executes Its First Trade of Ether-Linked Derivative: Report
13.6.2022
The Wall Street giant executed its first Ethereum non-deliverable forwards, a derivative that pays out based on the price of ether and offers institutional investors indirect exposure to the cryptocurrency
Crypto Market Cap Falls Below $1T for First Time Since Early 2021
13.6.2022
Bitcoin lost some 13% of its value in the past 24 hours
Binance.US Accused of Misleading Investors in Class Action Lawsuit Over Terra
13.6.2022
A class action lawsuit has been filed against Binance US on accusations that it misled investors and that it listed an unregistered security in UST
Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
13.6.2022
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian...
Nexo Proposes Celsius Buyout as Rival Halts Withdrawals
13.6.2022
Crypto lending platform Nexo said it's preparing an offer to acquire Celsius after the targeted company froze withdrawals and transfers this morning
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress
13.6.2022
Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from...
Bitcoin Plunges Below $25K, Lowest Level Since December 2020
13.6.2022
A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly twelve successive weeks of losses for the asset
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
13.6.2022
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however,...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’
13.6.2022
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, he would prefer to have gold. Stanley Druckenmiller on Crypto, Bitcoin,...
Crypto Lending Service Celsius Pauses Withdrawals, Citing 'Extreme Market Conditions.'
13.6.2022
The company will also pause its swap and transfer products, according to a blog post. It did not provide a timeline for resuming withdrawals
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’
13.6.2022
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while...
How Much ETH Does Joe Lubin Hold?
13.6.2022
First Mover Asia: Bitcoin Tumbles Below $27K Amid Ongoing Inflation Concerns
13.6.2022
Ether and other major altcoins underperform BTC as investors continue to steer away from riskier assets; is there a case for inflation?
Crypto Work Survey
13.6.2022
CoinDesk is seeking your participation in a survey to learn how crypto has changed the nature of work and what we seek from our jobs