Cryptocurrency news

• Short Sellers Are Betting Big Money on Cryptocurrency's Demise - Blockworks

  16-06-2022 22:54 via blockworks.co
  
  Short Sellers Are Betting Big Money on Cryptocurrency's Demise  Blockworks
  
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• High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective

  16-06-2022 22:45 via cointelegraph.com
  At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang.
  
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• Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K

  16-06-2022 22:32 via cointelegraph.com
  Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs.
  
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• Hester Peirce expresses strong support for crypto spot ETFs and regulatory structure

  16-06-2022 22:00 via cointelegraph.com
  The pro-crypto SEC commissioner and “Crypto Mom” had sharp words for SEC behavior toward Bitcoin spot ETF sponsorship applicants, delivered at a libertarian forum.
  
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• Circle, The Company Behind The USDC Stablecoin, Announces Euro Coin

  16-06-2022 21:47 via newsbtc.com
  
  Does the world need Euro Coin? There are already stablecoins pegged to the Euro in the market. The difference here, however, is Circle. As the issuer of the well-regarded USDC, they have the reputation, the know-how, and the clientele to make this happen. Even with all of those advantages, it’s the market that will decide if the world needs Euro Coin.
  Related Reading | Crypto Investors Find Safety In Stablecoins, Bitcoin, Ditch Altcoins En Masse
  On the project’s page, they describe i
  
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• Resistance is futile! 3 reasons why Bitcoin mining will never go away

  16-06-2022 21:27 via cointelegraph.com
  
  Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done.
  
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• Three Arrows Capital has failed to meet margin calls: Report

  16-06-2022 21:15 via cointelegraph.com
  Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report.
  
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• Bill Gates' anti-cryptocurrency comments could make crypto even more popular - Boing Boing

  16-06-2022 21:09 via boingboing.net
  Bill Gates' anti-cryptocurrency comments could make crypto even more popular  Boing Boing
  
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• Bitcoin Exchange Reserve Spikes Up, Selloff Not Over Yet?

  16-06-2022 21:00 via newsbtc.com
  
  On-chain data shows Bitcoin exchange reserves have sharply increased in value, a sign that the selloff may not be over yet.
  Bitcoin Exchange Reserve Observes Rapid Rise
  As pointed out by an analyst in a CryptoQuant post, a high number of coins have entered exchanges over the last day.
  The “exchange reserve” is an indicator that measures the total amount of Bitcoin currently present in wallets of all centralized exchanges.
  When the value of this metric goes up, it means the supply on
  
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• Texas securities regulator investigates Celsius over withdrawal suspension: Report

  16-06-2022 20:30 via cointelegraph.com
  
  Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market.
  
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• State securities regulators investigate Celsius over withdrawal suspension: Report

  16-06-2022 20:30 via cointelegraph.com
  Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market.
  
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• Swiss luxury watchmaker TAG Heuer introduces NFT enabled smartwatch

  16-06-2022 20:15 via cointelegraph.com
  Watches, blockchain and NFTs combine with the launch of TAG Heuer’s new luxury wearable.
  
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• These Are The 3 Levels Bitcoin Must Hold To Avoid Doom

  16-06-2022 20:04 via newsbtc.com
  
  Bitcoin is showing signs of bullish momentum on lower timeframes. The cryptocurrency managed to stay above its 2017 all-time high, around $20,000, as the U.S Federal Reserve (Fed) announced an increase in interest rates by 75 basis points.
  Related Reading | Bitcoin At $20K Could Be ‘New Bottom,’ Commodity Expert Suggests, And Here’s Why
  As the financial institution was within expectations, Bitcoin and other risk-on assets were able to see some relief. At the time of writin
  
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• Further downside is expected, but multiple data points suggest Bitcoin is undervalued

  16-06-2022 19:40 via cointelegraph.com
  Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected.
  
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• How Cryptocurrency and DeFi Can Do Good in the World - U.S News & World Report Money

  16-06-2022 19:05 via money.usnews.com
  
  How Cryptocurrency and DeFi Can Do Good in the World  U.S News & World Report Money
  
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• Bitcoin Bounces Back Before Hitting 2017 Peak, Is The Bottom In?

  16-06-2022 19:00 via newsbtc.com
  
  The price of bitcoin had dropped dangerously close to the 2017 cycle peak on Wednesday. It was a brutal decline for investors who watched their BTC portfolios incur losses after losses. Speculations were rampant in the space on what a touch below $20,000 would have meant for the market. The implications were abundant in their impact but the recovery back above $21,000 has staved off the bears, if only for a little while.
  Is The Bitcoin Bottom In?
  After the market recovery on Wednesday, it has be
  
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• SOL price trending toward yearly low as Solana TVL drops $870M in three days

  16-06-2022 18:40 via cointelegraph.com
  
  DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price.
  
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• Accepting Bitcoin for your business just like Tesla: Report

  16-06-2022 18:14 via cointelegraph.com
  
  Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more.
  
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• Wallet Solution SwissBorg Presents The Safest Way To Store Crypto

  16-06-2022 17:30 via newsbtc.com
  
  The need for safety cannot be overemphasized in a crypto market such as this. With recent events such as Celsius halting withdrawals and transfers, it has become imperative to protect user funds. This is why having safe solutions such as SwissBorg to store, trade, and yield are important. With such a product, crypto investors can be rest assured that their stored funds are safe, and in the event of a bankruptcy, hack, or a scam, they can still access their digital assets.
  Saving With SwissBorg
  S
  
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• This oracle data provider platform has surpassed 4 million nodes since inception

  16-06-2022 17:30 via cointelegraph.com
  
  The protocol has weathered multiple bear markets and has nearly 250 million data payloads and counting.
  
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• Cryptocurrency crisis: Exchanges announce mass layoffs amid fears of ‘crypto winter’ - EL PAÍS USA

  16-06-2022 17:10 via english.elpais.com
  
  Cryptocurrency crisis: Exchanges announce mass layoffs amid fears of ‘crypto winter’  EL PAÍS USA
  
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• Cryptocurrency market turmoil underscores 'urgent need' for regulation: US Treasury - Economic Times

  16-06-2022 16:46 via economictimes.indiatimes.com
  
  Cryptocurrency market turmoil underscores 'urgent need' for regulation: US Treasury  Economic Times
  
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• Cryptocurrency platform Rooba Finance raises $1.3 million in seed funding round led by Inflection Point Ventures - The Financial Express

  16-06-2022 16:40 via financialexpress.com
  
  Cryptocurrency platform Rooba Finance raises $1.3 million in seed funding round led by Inflection Point Ventures  The Financial Express
  
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• Blockchain's potential: How AI can change the decentralized ledger

  16-06-2022 16:39 via cointelegraph.com
  
  Artificial intelligence’s transformative power in relation to blockchain technology is being severely overlooked, say experts.
  
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• BTC price rejects at $23K as US dollar declines from fresh 20-year highs

  16-06-2022 16:38 via cointelegraph.com
  
  The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it.
  
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• Cryptocurrency market turmoil underscores 'urgent need' for regulation - U.S. Treasury - Kitco NEWS

  16-06-2022 16:22 via kitco.com
  
  Cryptocurrency market turmoil underscores 'urgent need' for regulation - U.S. Treasury  Kitco NEWS
  
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• Cryptocurrency Helium's Price Increased More Than 5% Within 24 hours - Benzinga - Benzinga

  16-06-2022 16:09 via benzinga.com
  
  Cryptocurrency Helium's Price Increased More Than 5% Within 24 hours - Benzinga  Benzinga
  
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• Cryptocurrency Elrond Up More Than 14% In 24 hours - Benzinga - Benzinga

  16-06-2022 16:09 via benzinga.com
  
  Cryptocurrency Elrond Up More Than 14% In 24 hours - Benzinga  Benzinga
  
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• US Air Force taps SIMBA Chain to develop budgeting and accounting system

  16-06-2022 16:02 via cointelegraph.com
  
  They said the purpose of DiBaT is to convert all dollars in the USAF supply chain budget into tokens and monitor fund movement across billing centers, purchasing centers and suppliers.
  
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• Will Ozzy Osbourne Inspire More Famous Musicians to Back Cryptocurrency? - NewsWatch

  16-06-2022 15:45 via newswatchtv.com
  
  Will Ozzy Osbourne Inspire More Famous Musicians to Back Cryptocurrency?  NewsWatch
  
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• Cryptocurrency volatility knocks more stablecoins off their peg - The Financial Express

  16-06-2022 15:43 via financialexpress.com
  
  Cryptocurrency volatility knocks more stablecoins off their peg  The Financial Express
  
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• Regulations and exchange delistings put future of private cryptocurrencies in doubt

  16-06-2022 15:38 via cointelegraph.com
  
  At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete.
  
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• Jake Paul Is 'Broke' After Putting All Of His Money In Cryptocurrency - LADbible

  16-06-2022 15:36 via ladbible.com
  
  Jake Paul Is 'Broke' After Putting All Of His Money In Cryptocurrency  LADbible
  
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• ETHBarcelona, Spain’s First Ethereum Conference, is Here to Prove That the Blockchain Can Be a Force for Good

  16-06-2022 15:24 via crypto-news.net
  
  BARCELONA, 13 JUNE 2022 — ETHBarcelona will be the first-ever Ethereum conference to take place Spain, and is set to become a standout global event in fostering the positive social impact of Web3. It will take place July 6-8 at Barcelona’s iconic Centre Convencions Internacional. In line with this perspective, 5 percent of ticket sales […]
  The post ETHBarcelona, Spain’s First Ethereum Conference, is Here to Prove That the Blockchain Can Be a Force for Good appear
  
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• Banking uses 56 times more energy than Bitcoin: Valuechain report

  16-06-2022 15:16 via cointelegraph.com
  
  Analysis of Bitcoin’s Proof of Work and the Lightning Network exposes the banking system as energy hungry, demonstrating that Bitcoin is better for the planet.
  
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• Bank of Russia backs cross-border crypto payments vs. domestic trade

  16-06-2022 15:03 via cointelegraph.com
  
  Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
  
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• Circle launches euro-backed stablecoin EUROC

  16-06-2022 15:00 via cointelegraph.com
  
  Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.
  
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• Investing In Cryptocurrency For Beginners: How Can Launchpads Help Your Crypto Journey? - Analytics Insight

  16-06-2022 14:37 via analyticsinsight.net
  Investing In Cryptocurrency For Beginners: How Can Launchpads Help Your Crypto Journey?  Analytics Insight
  
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• Motorcycle-Revving Janet Yellen Folds Up Picture Of Cryptocurrency Before Speeding Away - The Onion

  16-06-2022 14:31 via theonion.com
  
  Motorcycle-Revving Janet Yellen Folds Up Picture Of Cryptocurrency Before Speeding Away  The Onion
  
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• Cryptocurrency exchange Binance: 2022 volumes so far similar to 2021's $34 trillion - Yahoo! Voices

  16-06-2022 14:17 via yahoo.com
  
  Cryptocurrency exchange Binance: 2022 volumes so far similar to 2021's $34 trillion  Yahoo! Voices
  
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• Cryptocurrency exchange Binance: 2022 volumes so far similar to 2021's $34 trillion - Reuters

  16-06-2022 14:17 via reuters.com
  
  Cryptocurrency exchange Binance: 2022 volumes so far similar to 2021's $34 trillion  Reuters
  
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• Ethereum sell-off resumes with ETH price risking another 25% decline in June

  16-06-2022 14:02 via cointelegraph.com
  
  Ether price is forming a bear pennant pattern whose profit target comes to be near $850.
  
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• A Cryptocurrency Transaction? It's Not that Different - | Florida Realtors

  16-06-2022 14:00 via floridarealtors.org
  
  A Cryptocurrency Transaction? It's Not that Different  | Florida Realtors
  
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• Much Ado About New Cryptocurrency - Coinspeaker

  16-06-2022 13:52 via coinspeaker.com
  Much Ado About New Cryptocurrency  Coinspeaker
  
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• Mailbag: Should we make cryptocurrency a 401(k) option? - HR Dive

  16-06-2022 13:50 via hrdive.com
  
  Mailbag: Should we make cryptocurrency a 401(k) option?  HR Dive
  
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• Huobi to permanently shut crypto operations in Thailand

  16-06-2022 13:42 via cointelegraph.com
  
  Huobi Thailand failed to fix system issues despite several extensions given by the Thai SEC.
  
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• Altcoins With Stable Cryptocurrency Prices: FIREPIN Token, PancakeSwap, and Filecoin - Outlook India

  16-06-2022 13:42 via outlookindia.com
  
  Altcoins With Stable Cryptocurrency Prices: FIREPIN Token, PancakeSwap, and Filecoin  Outlook India
  
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• Shiba Inu Ranks No. 1 In List Of Coins Americans Want To Sell, Survey Shows

  16-06-2022 13:38 via newsbtc.com
  
  Dog-themed coin Shiba Inu never fails to make noise. With the gripping crypto market crash happening, majority of American investors have hit the panic button and consider selling their digital assets – at which SHIB happens to top the list.Different states in the US such as New York, Florida, Tennessee, and Nevada are looking for many ways to sell their SHIB.
  The “king” of cryptocurrencies, Bitcoin, is trying to hold on to dear life and stay above the critical level of $20K. M
  
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• Innovative Blockchain Games Boost Mass Web3 Adoption – Here’s How

  16-06-2022 13:18 via newsbtc.com
  
  Web3 Gaming is transforming the blockchain space. The GameFi industry has progressively expanded its dominance, attracting over $22.5 billion in total investments. This era began in late-2020 when Andre Cronje, the founder of Yearn.Finance, introduced the notion of GameFi. His tweet about gamification in a decentralized setting took crypto Twitter by storm.
  A slew of innovations drove the industry forward steadily since then. NFTs have propelled GameFi to a new level, merging entertainment and f
  
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• ‘Builders rejoice’: Experts on why bear markets are good for Bitcoin

  16-06-2022 12:48 via cointelegraph.com
  
  Crypto winters are actually good for Bitcoin as some pivotal BTC projects like the Lightning Network were born during bear markets.
  
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