June 28, 2021

Jim Cramer Bullish on Bitcoin Holding $30K But Bought Ethereum Instead

Mad Money host Jim Cramer is still bullish on Bitcoin, but instead of buying more BTC he went for Ethereum this time, claiming it can be used to buy more things like NFTs (Non-Fungible Tokens). In an interview with CNBC’s Squawk Box, Cramer said a lot of money is coming to Bitcoin despite its current...
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Gold-Focused Indians Turned Their Sight to Bitcoin and Cryptocurrencies

The residents of India, known to be a gold-loving nation, increased their digital assets investments from $200 million last year to $40 billion this year. The exponential growth sounds impressive having in mind the hostile crypto restrictions, which the central bank maintains. Indians Admire Gold but Love Crypto The blockchain analysis company Chainalysis reported that...
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China Imposed Crypto Crackdown to Clear the Way for Its CBDC: Christopher Wood

The financial analyst and Global Head of Equity Strategy at Jefferies – Christopher Wood – opined that the Chinese officials want no competition for its digital renminbi. That is why they enforced the crackdown on bitcoin and other cryptocurrencies lately. China Cares About its CBDC Not Carbon Footprint Christopher Wood – the prominent financial analyst...
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Bitcoin Cannot and Should Not Replace Fiat Money, Says Greece’s Former Finance Minister

Bitcoin and other cryptocurrencies cannot and should not replace fiat currencies, argued the former finance minister of Greece, Yanis Varoufakis. Additionally, he supported the popular narrative that counties should aim at adopting blockchain while averting from using BTC. Bitcoin Cannot Replace Fiat Speaking to the Greek Reporter, Varoufakis, who has never been a bitcoin fan,...
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How This Coin Is Going to Lead & Disrupt 2 Majorly Growing Industries at the Same Time!

The rapid growth of cryptocurrency and marijuana industries in the United States has given birth to a new market beast; Crypto backed by cannabis. Delta 8 (DX8), a SmartChain-powered cryptocurrency on the Binance marketplace, recently launched with a $1.6 billion market capitalization and is set to explode as the currency used in the cannabis marketplace....
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Polygon to Launch an All-Purpose Blockchain Dubbed Avail

Polygon, a full-stack scaling solution for Ethereum formerly, known as MATIC network, plans to launch an all-purpose scalable data availability layer dubbed Avail. Polygon to Launch a General Purpose Blockchain In a press release shared with CryptoPotato, Polygon noted that Avail will provide foolproof data available while preventing data encoding proofs using erasure coding and...
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South Korean Exchanges Might Sue the Government: Report

The forthcoming regulations in South Korea, which will require exchanges to have a real-name account at a local bank by September, might push many smaller trading platforms out of business. They are reportedly planning to fight back by suing the government. CryptoPotato reported before that the Korean government plans to implement a new rule on...
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Slowest Block Production in BTC’s History as Miners’ Revenue Plummets 80% in a Month

The lower number of miners on the Bitcoin network has caused severe disruptions as the rate of newly-produced coins have dropped to just 58 new ones created in a day, says on-chain data. Furthermore, miners’ revenue has plummeted in the last month, while all eyes are on the upcoming difficulty adjustment. The Disruptions on the...
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ccFOUND Launches Crowdfunding 3.0

[PRESS RELEASE – Please Read Disclaimer] What is ccFOUND? Experts say that the age of information is over. Today, everyone has access to it. We already live in the era of knowledge and wisdom (that are connected with skills and competences), because now they give us an advantage and are a scarce commodity. But today’s...
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PORT Network Launches DApp with Sustainable Processing for Cloud and Volunteer Computing

[PRESS RELEASE – Please Read Disclaimer] 28th June 2021, Dusseldorf, Germany – The demand for increased computing power is growing at an exponential rate. Industries such as IoT, Pharmaceutical, AI, 3D Image Processing and Deep Learning all require huge bandwidth in a non-restrictive and cost-efficient approach. This is where PORT Network seeks to break new...
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Olyseum Launches the World’s First Experiential NFT Platform to Strengthen Celebrity-Fan Engagement

[PRESS RELEASE – Geneva, Switzerland, 28th June 2021] Olyseum, a blockchain-powered social ecosystem that rewards fan engagement, is excited to announce that it has launched the world’s first star-led experiential NFT (xNFT) platform. The platform aims to fundamentally change the landscape of fan engagement by taking NFTs to the next level. Olyseum enables gamified, authentic,...
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Paraguay Not Making Bitcoin Legal Tender Is a Good Idea, Says Steve Hanke

More updates coming from Paraguay in terms of its possible crypto adoption indicated that the nation is actually looking for regulation instead of making BTC a legal tender. Prominent economist and cryptocurrency basher Steve Hanke was quick to applaud the reversal. Paraguay: Regulations Not Legal Tender June became a historic month for the primary cryptocurrency...
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Ethereum Price Q2 Journey Hit New Lows, Will ETH Price Pull a Bullish Narrative?

While the price of Ethereum is beginning to define a new trading range, it is unsurprising that ETH did not receive much attention in the last quarter as it was pulled down with Bitcoin in the severe market crackdown. On-chain activity in Bitcoin and Ethereum is at an all-time low, with demand for block-space plummeting...
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Bitcoin Price Analysis: BTC Now Facing Critical Resistance Following $5000 Gains in 2 Days

Bitcoin is up another 5% over the past 24 hours as it battles with resistance at $35K. The double bottom formed over the weekend has played out nicely and has allowed bitcoin to break resistance at a falling trend line that dates back to the May peaks. As mentioned yesterday, the double bottom formation could...
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Cardano will Keep up The NFT Craze! Many Incoming Collaborations for ADA!

Cardano is a relatively inexpensive cryptocurrency. It’s also prone to large price swings, which appeals to traders looking for quick action. Cardano’s proof-of-stake technology allows the Cardano network to validate transactions without the need for a possibly more expensive proof-of-work methodology. Recently, though, some traders have been looking at the platform for a possible link...
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The Blocksize War – Chapter 15 – Dragons’ Den

Chapter 15 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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I Would Hold Only Bitcoin for the Next 30 Years, Says Mexico’s Third-Richest Person

Mexico’s third-richest man, Ricardo Salinas Pliego, continues with his support for bitcoin by indicating that his bank is planning to start using BTC. While outlining the limited supply of the cryptocurrency as its most crucial merit, he said it would be the asset he would choose to invest in if he had to pick only...
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Unlocking 50x Leverage on DOGEUSDT Quanto Perpetual Swap

Following its successful launch in February, we will be reducing margin requirements and increasing available leverage on our DOGEUSDT quanto perpetual swap to 50x at 0600 UTC tomorrow, 29 June 2021.   We’ve always been committed to innovating responsibly, and for us that means putting in robust controls for all our contracts so that traders can...
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Reduction in Initial and Maintenance Margin for DOGEUSDT

On 29 June 2021 at 06:00 UTC, we will reduce the Base Initial Margin and Base Maintenance Margin requirements for our DOGEUSDT quanto swap. The current Base Initial Margin and Base Maintenance Margin requirements for our products can be found here. These changes are a part of our ongoing efforts to bring our users an...
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Bitcoin Analysts Turn Bullish Again as BTC Reclaims $35,000

Bitcoin prices have come just shy of $35,000 during Monday morning’s Asian trading session. The upwards momentum follows a bearish weekend which saw the asset slump to a Saturday low of $30,300. The psychological $30K support level has held strong as Bitcoin prices rise back into their range-bound channel. At the time of press, the...
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‘Binance Markets Ltd Cannot Operate in the UK,’ FCA Says. ‘Nothing Has Changed,’ Binance Replies

YESTERDAY, the UK’s Financial Conduct Authority issued a warning to Binance Markets Limited and the Binance Group, making it clear that Binance Markets Limited could not operate in the country as it is currently doing. Binance Markets Limited is not permitted to undertake any regulated activity in the UK. This firm is part of a...
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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%