June 9, 2021

Crypto Exposure Protocols on the Agenda for Global Banking Regulator

The global banking body is seeking stakeholder opinions on the best course of action on the issue of banks interacting with crypto assets. From central banks and other regulators to intergovernmental working bodies, legacy finance gatekeepers seem to be paying greater attention to the emerging cryptocurrency market. Public Consultation on Crypto Assets According to a...
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Bitcoin Listed as El Salvador’s Currency on Wikipedia

Wikipedia has listed Bitcoin (BTC) as one of El Salvador’s official currencies —shortly after, the country turned BTC into an official legal tender approved by a supermajority in the Salvadoran Congress. Wikipedia now lists #Bitcoin as El Salvador’s currency. pic.twitter.com/JfbdoeBumB — Documenting Bitcoin 📄 (@DocumentingBTC) June 9, 2021 El Salvador became the first country to...
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$157B Asset Manager Victory Capital Partnered with Nasdaq to Enter the Cryptocurrency Space

Victory Capital Holdings has outlined plans to enter the cryptocurrency market through its wholly-owned investment adviser, Victory Capital Management. To do so, the branch has partnered with Nasdaq and crypto-focused asset manager Hashdex. Founded in 2013, Victory Capital Holdings is a US-based asset manager with nearly $160 billion in AUM as of April 30th, 2021....
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Bitcoin Price bounces back to $35k, What is the next stop for BTC?

The cryptocurrency market is currently in bearish territory, with bitcoin hovering around $35,000, a two-week low for the king coin. Other big currencies, like Bitcoin, have joined the bandwagon and recorded declines as Bitcoin’s chart trends practically impact the whole crypto market.Further price decline might push it into the $30,000 range, and all of this...
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MATIC Price Trends Within Falling Wedge, Will It Rebound Or Collapse?

Polygon network releases its own blockchain explorer ‘polyscan’ powered by etherscan intending to provide a fast and scalable explorer. Polyscan aims to support high transactions of about 7 million per day and hence give a bigger boost for MATIC price. Advertisement Moreover, Polygon is all set to launch a DApp on polygon which would make...
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Leading Blockchain Game Splinterlands Completes Digital Land Sale of 150k Plots

[PRESS RELEASE – Media, PA, USA, 9th June 2021] Today the hit blockchain-based trading card game completed the sale of its final claims to Plots of virtual land in the game’s upcoming land expansion. This sellout comes nearly six months before the anticipated release of the land expansion near the end of 2021. The expansion...
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Interactive Brokers to Allow Cryptocurrency Trading By End of Summer 2021

One of the world’s leading brokerage companies, Interactive Brokers, will be offering cryptocurrency trading services to its clients by the end of summer 2021. According to a recent report by CNBC, Interactive Brokers will start allowing its customers to trade cryptocurrencies by the end of summer 2021. Speaking on the matter was the Chairman and the CEO...
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Bitrue Delegates 1 Million ADA Tokens for Staking to Support Cardano’s Decentralization

The popular cryptocurrency exchange Bitrue has delegated one million ADA tokens to a public stakepool. The company has done so on the 1LOVE stakepool to contribute to the blockchain project’s development and further enhance decentralization. Bitrue Delegates 1M ADA Tokens For Staking Launched in July 2018, Bitrue advertises itself as “the most secure and advanced...
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Death Cross Coming to Bitcoin Price Chart: Here’s How it Can Play Out

Bitcoin’s price is nearing a critical level as the 50-day moving average is close to the 200-day moving average. The so-called death cross typically results in significant price volatility, with history suggesting two possible outcomes. Scenario 1: Bitcoin Goes Down Hard Ever since BTC peaked in mid-April at $65,000, the cryptocurrency has failed to continue...
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Bonded Finance: Understanding the Irresistible Appeal of DeFi Loans

[Sponsored] The total value of ETH locked into DeFi platforms is currently over $60 billion, a number that was in the low millions just two years ago. For decades, centralized systems have catered to those in need of financial services, but with the means to deploy applications on distributed networks came the ability to decentralize...
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Chinese Search Engines Reportedly Block Queries of Binance, OKEx, and Huobi

Just a few days after the world’s most populated nation blocked social media accounts of crypto influencers, all Chinese search engines have reportedly stopped showing search results for Binance, Huobi, and OKEx. According to a Chinese journalist, going by the Twitter handle Wu Blockchain, local search engines (such as Baidu and Sogou) have blocked queries...
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Identity-centric Platform Concordium Set for Mainnet and MVP Launch on June 9

[PRESS RELEASE – Zug, Switzerland, 9th June 2021] Concordium, the blockchain company, will for the first time offer the world access to a safe, transparent, and regulatable blockchain and cryptocurrency, marking the end of an era of anonymity and distrust that has undermined the development of the industry. After three years of development, the Concordium...
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The Colombian President’s Advisor to Peter Schiff: Stop Talking and Short Bitcoin

Politicians based in Latin America continue to support bitcoin, with the latest example coming from the advisor of the Colombian President. Jehudi Castro Sierra, who has been a vocal Bitcoiner for a while, recently told permanent BTC basher Peter Schiff to short the asset and “shut up.” Peter Schiff Being Peter Schiff Anyone who is...
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MicroStrategy Boosts $500M Junk-bond Sale to Buy More Bitcoin

The business intelligence and analytics company announced the move on June 8 which CEO Michael Saylor tweeted on his feed a few hours later. The notes will be sold in a private offering to qualified institutional buyers and the offering is expected to close on June 14, 2021. The company announced the pricing of $500...
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Crypto.com Has Rolled Crypto.com Tax and We Can’t Wait For It To Go Live

Crypto.com is pleased to announce the launch of Crypto.com Tax in Canada, with plans to expand to other markets in the near future. Advertisement Crypto.com Tax simplifies the filing of complex crypto taxes with its user-friendly interface and country-specific tax calculation formulas. This completely free service allows users to easily produce reliable and well-organized crypto...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%