June 14, 2021

MATIC, DOGE & ADA Price Jumps High, Is this A Bull Run Or A Fake Breakout!

Polygon(MATIC) Price Jumps More Than 12% Polygon price in recent times adopted a silent trend and steep plunges. However, it sustained above $1 levels, showcasing a huge tendency to jump towards the lost positions above $2. However, the recovery path may not be much easier, yet a steady rally may accomplish the mission soon. Advertisement...
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Central American Financial Institution to Help El Salvador Implement its Bitcoin Legalization 

The Central American Bank for Economic Integration (CABEI), an international multilateral development bank headquartered in Honduras, said that it will work with the El Salvadoran government to implement bitcoin as the country’s second legal tender. According to Reuters, on Monday (June 14, 2021), the executive president of CABEI, Dante Mossi, revealed the bank’s plans at...
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Cryptocurrency Exchanges in South Korea to Be Classified as Highly Risky

South Korea continues to enforce stricter rules on the cryptocurrency space with the latest legislation to classify exchanges as high-risk entities. The move comes as the Asian country aims to enhance the monitoring of financial transactions and user ID verifications. The Korea Times reported that the Financial Services Commission (FSC), South Korea’s financial watchdog, has...
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Trality: Algorithmic Trading in the Unpredictable Cryptocurrency Market

[Featured Content] The cryptocurrency market is no longer one that can be isolated. Bitcoin is no longer a niche asset with so many institutions and recognized investors jumping on board and seeking exposure. Retail investors are here, and, at this point, it’s safe to assume that they’re here to stay. With daily trading volumes across...
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Solanax: Redefining the DeFi Sector

The DeFi sector has undergone somewhat of a boom over the last years. The advancement in blockchain technology and a global distrust of the traditional banking system, has meant that the Decentralized Finance sector, according to Statista, had more than $80 billion of crypto locked in during May 2021, a sizeable leap from the $15...
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Bitcoin Surges Past $40K as Paul Tudor Jones Wants 5% Portfolio Allocation to BTC

Prominent legacy investor Paul Tudor Jones III has doubled down on his support of bitcoin by indicating that it is reliable, honest, secure, and 100% certain. Furthermore, he said he wants to have 5% of his entire portfolio allocated in BTC. Ever since the COVID-19 pandemic broke out last year, the US billionaire hedge fund...
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HaloDAO to Hold Anticipated Initial DEX Offering on SushiSwap MISO on June 24

[PRESS RELEASE – Singapore, Singapore, 11th June 2021] HaloDAO, a comprehensive decentralized finance protocol designed to create asset agnostic global money fund networks, will hold its anticipated Initial DEX Offering (IDO) on June 24, launching on SushiSwap’s recently deployed MISO Launchpad at 12 PM UTC. The whitelisting process is currently open with 1000 slots available...
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Central Bank of Tanzania Should Strive for Crypto Adoption, Says the Country’s President

The president of Tanzania – Samia Suluhu Hassan – outlined the nation’s need for cryptocurrency adoption. She stressed out that the East African region still falls behind other, more advanced regions. ‘Do Not be Caught Unprepared’ In a recent announcement, the Tanzanian president – Samia Suluhu Hassan – highlighted the development of cryptocurrency usage and...
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Bitcoin Has to Overcome Elon Musk’s Comments, Says Fundstrat’s Tom Lee

Bitcoin has to evolve further from this point given the fact that it fluctuates by double-digits after most Elon Musk social media engagements, argued Fundrat’s Managing Partner – Tom Lee. He also opined that the recent price movements show there’s a little-to-no institutional impact on the market yet. BTC Has to Outgrow Musk’s Comments The...
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Will Shiba Inu Price Rise Again? Here’s What Santiment Has to Say About SHIB

As the craze for DOGE replica Shiba Inu fades, crypto analytics firm Santiment is pondering on its survival.  Advertisement Crypto investors built the hype around Shiba Inu and bet on it to be the next Dogecoin. But, since its peak last month the “to the moon” frenzy has dwindled down. In the latest report, Santiment...
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RNS Solutions & Trustedchain developing FinLit Platform for Islamic Development Bank

[PRESS RELEASE – Please Read Disclaimer] Pakistan, June 10, 2021: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development &...
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The Blocksize War – Chapter 13 – Exchanges

Chapter 13 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare.* * Note:...
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China’s Bitcoin Mining Crackdown Reaches Fourth-Largest Producing Province

Over the weekend, Yunnan provincial authorities issued a notice ordering an investigation into the alleged illegal use of electrical power by individuals and companies involved in Bitcoin mining. According to a report from the China Securities Journal, the provincial energy department threatened to cut power to those caught using electricity for crypto mining. The SCMP...
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Bitcoin (BTC) $ 96,248.79 1.40%
Ethereum (ETH) $ 3,274.15 5.15%
Tether (USDT) $ 0.998562 0.49%
Solana (SOL) $ 244.74 2.82%
BNB (BNB) $ 612.20 0.52%
XRP (XRP) $ 1.11 1.51%
Dogecoin (DOGE) $ 0.381054 2.95%
USDC (USDC) $ 0.996392 0.55%
Lido Staked Ether (STETH) $ 3,275.11 5.16%
Cardano (ADA) $ 0.775939 7.31%