Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers
A recent Opinium poll has shown that a majority of British financial adviser respondents are not advocates of crypto investing...
Day: 16 June 2021
What Is Bitcoin Halving and How Does it Affect Bitcoin Miners?
In a nutshell, halving is a process that means crypto miners receive 50% fewer Bitcoins as they "mine" them. Its...
Digital euro could drain 8% of bank deposits, Morgan Stanley says
Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. Analysts...
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Decentralized...
Bitwise secures $70M in Series B funding from major Wall Street investors
Bitwise has attracted significant investments from major American institutional investors to the tune of $70 million. Bitwise, a four-year-old crypto...
Proposed crypto ban legislation reportedly under review by India’s government
Authorities in India are reportedly weighing up options concerning crypto regulations in the country. India’s government is reportedly reviewing modalities...
Ethereum Looks for Support at $2,5000, PERL, XRP, AMP, Jun. 15
ETH ETH Price IndexEthereum sold off last week despite gains for Bitcoin and the coin is trying to find buyers...
Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just...
Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the...
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by...
Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows
Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According...
New Bitcoin bull market hodlers are refusing to sell at $40K, data suggests
Those who bought Bitcoin this bull market are in no hurry to sell, says Glassnode, as small-time investor numbers also...
El Salvador minister says it’s too early to use Bitcoin for wages
It’s too soon to talk about Bitcoin-based wages in El Salvador, Minister Rolando Castro stated. El Salvador’s Minister of Labor...
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based...
Regulations drive Korean exchanges to delist, warn against high risk coins
Amid increasing scrutiny and demand from regulators, South Korean crypto exchanges are sifting through their supported assets and delisting or...
