Regulation Updates

Central African Republic president launches crypto initiative following Bitcoin adoption

The Sango project’s plans include building a “legal crypto hub,” expanding the adoption of Bitcoin, and creating a “crypto island” — a special economic zone in the metaverse. 284 Total views 3 Total shares Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the […]

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Bitcoin News

Final Capitulation — 5 reasons why Bitcoin could bottom at $10,000

Bear markets have historically been challenging to navigate for traders and the conventional set of “reliable” indicators that determine good entry points are unable to predict how long a crypto winter might last. Bitcoin’s (BTC) recent recovery back above the psychologically important price level of $20,000 was a sign to many traders that the bottom was […]

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Blockchain news

What Is Bitcoin?

What Is Bitcoin and How Does it Work? Bitcoin is an innovative technology that introduces a new monetary system, based on a peer-to-peer network of users’ nodes (computers) with no intermediaries like central banks or any type of financial institution. For the first time in history, anyone can participate in an open network and contribute […]

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Bitcoin News

Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic

A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term. Bitcoin 12-hour USD price at FTX. Source: TradingView Recent negative remarks from lawmakers continued to curb investor optimism. In an interview with Cointelegraph, Swiss […]

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Blockchain news

Grayscale Partners With Jane Street, Virtu Financial For Pending Spot Bitcoin ETF

Grayscale has signed on two leading market makers to serve as authorized participants in its upcoming spot bitcoin ETF, pending SEC approval. Grayscale has signed on two leading market makers to serve as authorized participants in its upcoming spot bitcoin ETF, pending SEC approval. Grayscale Investments signed Jane Street and Virtu Financial as authorized participants […]

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Altcoin News

Price analysis 6/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

Bitcoin’s (BTC) current bear market is one of the worst, according to a report by on-chain analytics firm Glassnode. This was the first time in history that the Mayer Multiple slipped below the previous cycle’s low. Bitcoin’s fall below $20,000 on June 18 also marked the biggest loss ever booked by investors in a single […]

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Altcoin News

Terra’s LUNA2 skyrockets 70% in nine days despite persistent sell-off risks

The price of Terra (LUNA2) has recovered sharply nine days after falling to its historic lows of $1.62.  On June 27, LUNA2’s rate reached $2.77 per token, thus chalking up a 70% recovery when measured from the said low. Still, the token traded 77.35% lower than its record high of $12.24, set on May 30. […]

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NFT Stream

NFT​.NYC — How the Web3 space is validating the work of digital artists

Following the conclusion of the fourth annual NFT.NYC conference, attendees took the opportunity to reflect upon a week of artistic inspiration, community networking and developer innovation from within the nonfungible token (NFT) space. A sequel to last year’s popular debut, The Digital Diaspora event on June 19 served as a dedicated exhibition, panel discussion, and […]

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Market Analysis

Bitcoin price dips under $21K while exchanges see record outflow trend

Bitcoin (BTC) sold off into the June 27 Wall Street open as United States equities fell. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $25,000 eyed as bulls’ line in the sand Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following stock markets downhill as the last week of June began. At the time of writing, […]

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NFT Stream

Metaverse can’t be built on the corporate business model, says EY innovation lead

Jones believes the established firms need to focus on community engagement first before jumping on a trend like NFTs. 1072 Total views 50 Total shares Magnus Jones, the innovation lead at big four accounting firm Ernst & Young (EY), believes that the Metaverse would be led by the younger generation and cannot be built on […]

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