Bitcoin Records 6% Gains as Analyst Predicts Price Set to Hit $40,000
Bloomberg’s Senior Commodity Strategist Mike McGlone suggests that Bitcoin price is “more likely” to hit $40,000 than $20,000. His prediction coincides with a 6% spike experienced by the largest cryptocurrency on June 9. Analysts believe Bitcoin is on a bullish track with El Salvador adopting the digital currency as legal...
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Bloomberg’s Senior Commodity Strategist Mike McGlone suggests that Bitcoin price is “more likely” to hit $40,000 than $20,000. His prediction coincides with a 6% spike experienced by the largest cryptocurrency on June 9. Analysts believe Bitcoin is on a bullish track with El Salvador adopting the digital currency as legal...
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RUNE Technical Analysis: Price May Surpass Levels of $9.94 and $10.09
ThorChain is a decentralized liquidity protocol and a yield farming solution. In other words, users can deposit their digital currencies in exchange for yield. Besides, it is an easily verifiable and autonomous network. RUNE is the in-house token of this ecosystem. The technical analysis of RUNE is as follows. Past...
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ThorChain is a decentralized liquidity protocol and a yield farming solution. In other words, users can deposit their digital currencies in exchange for yield. Besides, it is an easily verifiable and autonomous network. RUNE is the in-house token of this ecosystem. The technical analysis of RUNE is as follows. Past...
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Fintech Bank Revolut Adds DOGE to its Crypto Offering as Demand Rises
The Fintech Bank Revolut has recently added Dogecoin to its crypto offering to meet the increasing demand for crypto-asset. As a matter of fact, Dogecoin has become the thirtieth coin to be added to the list of crypto investment offerings of the firm. Fintech Bank Revolut Added Dogecoin to its...
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The Fintech Bank Revolut has recently added Dogecoin to its crypto offering to meet the increasing demand for crypto-asset. As a matter of fact, Dogecoin has become the thirtieth coin to be added to the list of crypto investment offerings of the firm. Fintech Bank Revolut Added Dogecoin to its...
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HNT Technical Analysis: Price May Soon Surpass Levels of $13.96 and $14.07
The Helium blockchain powers the People’s Network that aims to bring about innovations in decentralized wireless infrastructure. It is a Proof-of-Stake as well as a Proof-of-Coverage-based network. It also provides a robust platform for the development of novel decentralized apps based on wireless technologies. HNT is the native token of...
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The Helium blockchain powers the People’s Network that aims to bring about innovations in decentralized wireless infrastructure. It is a Proof-of-Stake as well as a Proof-of-Coverage-based network. It also provides a robust platform for the development of novel decentralized apps based on wireless technologies. HNT is the native token of...
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U.S. Firm Interactive Brokers to Offer Crypto Trading Services
U.S. brokerage firm Interactive Brokers will offer direct cryptocurrency trading to clients “by the end of the summer”, Chairman and CEO Thomas Peterffy announced. Currently, the online brokerage company offers Bitcoin futures trading on its platform. Interactive Brokers Offering to Crypto Trading this Summer Interactive Brokers Group Inc is slated to...
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U.S. brokerage firm Interactive Brokers will offer direct cryptocurrency trading to clients “by the end of the summer”, Chairman and CEO Thomas Peterffy announced. Currently, the online brokerage company offers Bitcoin futures trading on its platform. Interactive Brokers Offering to Crypto Trading this Summer Interactive Brokers Group Inc is slated to...
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MRPH Technical Analysis: Price May Soon Support of the First Fibonacci Pivot Level of $0.46
Morpheus Network (MRPH) was established in the year 2017 to automate the global supply chain. It was developed by global teams based in Canada, Taiwan, and India. MRPH uses distributed ledger technology to represent the data digitally to its customers. It aims to provide supply chain managers with a safe...
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Morpheus Network (MRPH) was established in the year 2017 to automate the global supply chain. It was developed by global teams based in Canada, Taiwan, and India. MRPH uses distributed ledger technology to represent the data digitally to its customers. It aims to provide supply chain managers with a safe...
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PayPal Sets New Record of Daily Crypto Volume of Over $300 Million
PayPal has recently witnessed a record daily volume of over $300 million in crypto assets as users were so inclined towards trading cryptocurrencies. Previously, the one-day record in the volume was recorded on January 11 at $239.52 million and this was the day when Bitcoin lost around $10 in its...
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PayPal has recently witnessed a record daily volume of over $300 million in crypto assets as users were so inclined towards trading cryptocurrencies. Previously, the one-day record in the volume was recorded on January 11 at $239.52 million and this was the day when Bitcoin lost around $10 in its...
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PYR Technical Analysis: Price May Soon Fall Below Support Level of $1.66
Vulcan Forged is a blockchain-based gaming studio and open-source protocol for Non-Fungible Tokens (NFTs). This network also provides infrastructure for developing games and decentralized apps. PYR is the native token of this network. Users can use the PYR token for paying market settlement charges, staking, upgrading existing game assets, and...
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Vulcan Forged is a blockchain-based gaming studio and open-source protocol for Non-Fungible Tokens (NFTs). This network also provides infrastructure for developing games and decentralized apps. PYR is the native token of this network. Users can use the PYR token for paying market settlement charges, staking, upgrading existing game assets, and...
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SEC Commissioner Hester Peirce Advocates for Crypto Self-Regulation
SEC Commissioner Hester Peirce has cautioned authorities against overzealous regulation of cryptocurrencies in the US, adding that further actions against the market could stifle innovation. Peirce serves as one of the five commissioners on the US Securities and Exchange Commission and is also known as “Crypto Mom” for her supportive...
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SEC Commissioner Hester Peirce has cautioned authorities against overzealous regulation of cryptocurrencies in the US, adding that further actions against the market could stifle innovation. Peirce serves as one of the five commissioners on the US Securities and Exchange Commission and is also known as “Crypto Mom” for her supportive...
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COTI and Avalanche (AVAX) Technical Analysis: What to Expect?
Avalanche and COTI prices are recovering. As a result, in a buy trend continuation pattern, COTI/USDT and AVAX/USDT appear to target $0.60 and $23, respectively. COTI From the DAG-based protocol expertly designed to counter challenges faced in a traditional setup, COTI coin is at the heart of efforts to build...
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Avalanche and COTI prices are recovering. As a result, in a buy trend continuation pattern, COTI/USDT and AVAX/USDT appear to target $0.60 and $23, respectively. COTI From the DAG-based protocol expertly designed to counter challenges faced in a traditional setup, COTI coin is at the heart of efforts to build...
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Blockchain Gaming Platform Xaya now Integrates with Polygon
Autonomous Worlds, the company behind the Xaya blockchain gaming platform has made a strategic partnership with Polygon. Thanks to the partnership, users will now be able to play real-time decentralized games on the Polygon blockchain. Xaya is Adding Decentralized Gaming to Polygon Xaya is set to add decentralized gaming to...
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Autonomous Worlds, the company behind the Xaya blockchain gaming platform has made a strategic partnership with Polygon. Thanks to the partnership, users will now be able to play real-time decentralized games on the Polygon blockchain. Xaya is Adding Decentralized Gaming to Polygon Xaya is set to add decentralized gaming to...
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Augur (REP) and Serum (SRM) Technical Analysis: What to Expect?
Serum and Augur prices are relatively stable after sharp losses. Even so, SRM/USDT may float to $6.5. On the other hand, REP/USDT may more than triple from spot rates to $60 in the medium term. Augur (REP) The protocol users the wisdom of the crowd. REP is native to the...
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Serum and Augur prices are relatively stable after sharp losses. Even so, SRM/USDT may float to $6.5. On the other hand, REP/USDT may more than triple from spot rates to $60 in the medium term. Augur (REP) The protocol users the wisdom of the crowd. REP is native to the...
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Mexican Lawmakers Set to Propose New Bitcoin-Friendly Regulations
Mexican lawmakers are following the example of their neighboring country, El Salvador as he takes to introducing new Bitcoin-friendly regulation in the country. Eduardo Murat Hinojosa, a member of the Mexican legislative has announced the submission of a proposal in the lower house aimed at crypto adoption in the country....
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Mexican lawmakers are following the example of their neighboring country, El Salvador as he takes to introducing new Bitcoin-friendly regulation in the country. Eduardo Murat Hinojosa, a member of the Mexican legislative has announced the submission of a proposal in the lower house aimed at crypto adoption in the country....
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Cook Finance Introduces Cross-Chain Asset Management Platform
Cook Finance has recently launched a cross-chain asset management platform on Ethereum and the instruments for crypto index funds will go live on ETH mainnet. Following this release, the users will require their Metamasks to purchase and sell crypto indexes in a couple of clicks which will be enhancing the...
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Cook Finance has recently launched a cross-chain asset management platform on Ethereum and the instruments for crypto index funds will go live on ETH mainnet. Following this release, the users will require their Metamasks to purchase and sell crypto indexes in a couple of clicks which will be enhancing the...
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Leading Company JBS Paid $11M in Bitcoin to Ransomware Hackers
The world’s largest meatpacking company, JBS disclosed it paid $11 million in Bitcoin to hackers who organized a ransomware attack against its computer systems last month. The corporation is the latest in a string of high-profile establishments targeted by cybercriminals. The company’s chief executive, Andre Nogueira stated that it was...
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The world’s largest meatpacking company, JBS disclosed it paid $11 million in Bitcoin to hackers who organized a ransomware attack against its computer systems last month. The corporation is the latest in a string of high-profile establishments targeted by cybercriminals. The company’s chief executive, Andre Nogueira stated that it was...
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U.S. Fed Reserve Buying Bond ETFs Benefits MicroStrategy: Report
U.S. Central Bank or Fed Reserve is holding a very small percentage of Bond ETFs that has exposure to the corporate bonds that Bitcoin titan MicroStrategy is willing to sell to buy more of the digital asset. U.S. Fed Reserve Indirectly Contributed to MicroStrategy Buying Bitcoin Bloomberg’s latest report suggests...
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U.S. Central Bank or Fed Reserve is holding a very small percentage of Bond ETFs that has exposure to the corporate bonds that Bitcoin titan MicroStrategy is willing to sell to buy more of the digital asset. U.S. Fed Reserve Indirectly Contributed to MicroStrategy Buying Bitcoin Bloomberg’s latest report suggests...
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El Salvador to Utilize Volcanic Energy to Mine Bitcoin
After adopting Bitcoin as legit tender alongside the Dollar, El Salvador is looking forward to mine BTC utilizing the energy of its volcanos. It looks like the President of El Salvador is getting restless when it comes to bitcoin and has forgotten how to go slow. El Salvador to Mine...
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After adopting Bitcoin as legit tender alongside the Dollar, El Salvador is looking forward to mine BTC utilizing the energy of its volcanos. It looks like the President of El Salvador is getting restless when it comes to bitcoin and has forgotten how to go slow. El Salvador to Mine...
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Pomp Ignites Debate Whether Bitcoin Defi Project Sovryn Has Surpassed Uniswap V3
Analysts such as Pomp have indulged in debates whether a Bitcoin money market protocol Sovryn has a TVL of $52 million or $2 billion and have it surpassed Uniswap V3. Sovryn is built on the smart contract platform RSK, which is based on Bitcoin and has recently appeared to be...
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Analysts such as Pomp have indulged in debates whether a Bitcoin money market protocol Sovryn has a TVL of $52 million or $2 billion and have it surpassed Uniswap V3. Sovryn is built on the smart contract platform RSK, which is based on Bitcoin and has recently appeared to be...
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JPMorgan Cautioned Coming Bear Market Signal in Bitcoin
JPMorgan Chase & Co. has recently revealed that they see signals of the coming bear market in Bitcoin as backwardation is there in the future market where the prices of the futures market will be less than that of the spot market. The recent spike in the price of Bitcoin...
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JPMorgan Chase & Co. has recently revealed that they see signals of the coming bear market in Bitcoin as backwardation is there in the future market where the prices of the futures market will be less than that of the spot market. The recent spike in the price of Bitcoin...
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Elizabeth Warren Calls for Crypto Regulation, Cites Environmental Concerns
Democratic Senator, Elizabeth Warren urged policymakers to pursue crypto regulation and declared that cryptocurrencies are an “environmental disaster” in a hearing held by the Senate’s Banking Committee. Warren claimed that present crypto markets are reminiscent of the “Wild West” and that currencies like Bitcoin are “not a good way to...
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Democratic Senator, Elizabeth Warren urged policymakers to pursue crypto regulation and declared that cryptocurrencies are an “environmental disaster” in a hearing held by the Senate’s Banking Committee. Warren claimed that present crypto markets are reminiscent of the “Wild West” and that currencies like Bitcoin are “not a good way to...
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