Bitcoin price moves toward $40K as on-chain and technical analysis favor bulls

June 14, 2021 0 Comments

This post was originally published on this site Bitcoin price is still 38% away from its all-time high but a handful of technical indicators suggest bulls are gathering strength.

Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador

June 14, 2021 0 Comments

This post was originally published on this site The president of the European Central Bank (ECB), Christine Lagarde, has shared her view on El Salvador making bitcoin legal tender. She confirmed that the central bank’s policy on bitcoin and other cryptocurrencies has not changed. ECB’s Lagarde Comments on El Salvador Making Bitcoin Legal Tender ECB […]

JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

June 13, 2021 0 Comments

This post was originally published on this site Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors.” […]

Elon Musk Says Tesla Will Resume Accepting Bitcoin When Miners Confirm 50% Clean Energy Usage

June 13, 2021 0 Comments

This post was originally published on this site Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start accepting bitcoin for payments again. Elon Musk Reveals When Tesla Will Resume Accepting Bitcoin Tesla CEO Elon […]

Silk Road Founder Ross Ulbricht Speaks Publicly for the First Time Since 2013

June 13, 2021 0 Comments

This post was originally published on this site At the Bitcoin 2021 conference in Miami, attendees listened to the first phone interview with the Silk Road’s Ross Ulbricht from the depths of the maximum-security prison in Tucson, Arizona. During the interview, Ulbricht spoke about bitcoin and how the decentralized crypto asset is “transforming the global […]

Why This Bitcoin Price Pattern Spells Short Term Pain For BTC

June 13, 2021 0 Comments

This post was originally published on this siteBitcoin has held critical support after a move to the downside on Friday and trades at $37,539. A good old weekend pump has brought it back from the mid-zone of the $30,000 range and now it might make a push towards $38,000. BTC trends upwards in the daily […]

Top 5 cryptocurrencies to watch this week: BTC, AAVE, KSM, ALGO, TFUEL

June 13, 2021 0 Comments

This post was originally published on this site AAVE, KSM, ALGO and TFUEL are showing signs of strength while Bitcoin bulls attempt to push BTC price over $38,000.

Elon Musks lays out when Tesla will begin accepting Bitcoin payments

June 13, 2021 0 Comments

This post was originally published on this site Musk responded to a Cointelegraph tweet about Sygnia CEO Magda Wierzycka calling for the SEC to investigate him over alleged Bitcoin price manipulation.

Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’

June 13, 2021 0 Comments

This post was originally published on this site The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells Tourists […]

US Senator Urges Treasury Secretary to ‘Make Significant Revisions’ to FinCEN’s Crypto Proposal

June 13, 2021 0 Comments

This post was originally published on this site U.S. Senator Pat Toomey has urged Treasury Secretary Janet Yellen to “make significant revisions” to the proposed crypto regulation by the Financial Crimes Enforcement Network (FinCEN) and the planned adoption of the guidance issued by the Financial Action Task Force (FATF). Senator Asks Janet Yellen to Revise […]