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Norway's position on crypto
Norway's position on crypto

With Bitcoin ( BTC ) falling to six-month lows below $30,000 on Tuesday, Norway's financial regulator warned investors that the cryptocurrency industry is largely unregulated in the country. The Norwegian Financial Supervisory Authority or Finanstilsynet published a statement on consumer protection...

Published at: 2021-06-23


Euro 2020 with NFT
Euro 2020 with NFT

The German Football Association (DFB) has officially announced the debut of national nonfungbile tokens (NFT) in partnership with blockchain-based big fantasy game provider Sorare. As part of the official licensing agreement, the DFB will create digital collector cards on the Ethereum blockchain of...

Published at: 2021-06-23


Iran's energy crisis and crypto mining
Iran's energy crisis and crypto mining

Iranian provincial police are continuing their crackdown on large and small cryptocurrency miners, with news that they have seized more than 7,000 rigs at a farm operating in the capital Tehran.   Police seized cryptocurrency diggers operating in an abandoned factory, according to a report by...

Published at: 2021-06-23


BTC vs ETH - who will win this race?
BTC vs ETH - who will win this race?

IOHK CEO and Ethereum co-founder Charles Hoskinson argued that Bitcoin is at a significant competitive disadvantage due to its low speeds and will be usurped by proof-of-stake networks.  In a five-hour podcast with computer scientist and artificial intelligence researcher Lex Fridman, the Card...

Published at: 2021-06-21


BTC could hit $450,000 by the end of 2021
BTC could hit $450,000 by the end of 2021

Bitcoin ( BTC ) could hit $450,000 by the end of 2021, while $135,000 would be a "worst case scenario". That's according to analyst PlanB, which published its latest sentiment-destroying, upside-down BTC price forecast on June 20. Well known as the creator of stock-to-flow bitcoin price forecastin...

Published at: 2021-06-21


A virtual plot of land for nearly $1 million
A virtual plot of land for nearly $1 million

A virtual real estate parcel located in the Ethereum-based open-world game, Decentraland, has sold for over $913,000 - valuing the intangible property on par with the average price of a real home in Brooklyn, New York. Virtual real estate is sold in the form of non-convertible tokens (NFTs) called...

Published at: 2021-06-18


Grayscale with another 13 crypto assets
Grayscale with another 13 crypto assets

Institutional asset manager Grayscale announced that 13 more crypto assets are currently under consideration for its suite of crypto investment trust products. Revealed on June 18, the future assets mainly represent the decentralized finance (DeFi) sector, including 1inch, Bancor, Curve, Kava, Kybe...

Published at: 2021-06-18


Trading platform for NFT
Trading platform for NFT

Crypto.com Capital has made a strategic investment in a multi-chain NFT marketplace that aims to be the eBay for NFT, dubbed "Hodooi.com". The platform is a new start-up from Traval founder Matt Luczynski and will officially launch on Binance Smart Chain (BSC) in Q3 2021, and will be integrated wit...

Published at: 2021-06-18


World Bank and El Salvador with Bitcoin
World Bank and El Salvador with Bitcoin

The World Bank has rejected El Salvador's request for assistance in the country's transition to adopting Bitcoin as legal tender.   Issues with Bitcoin's environmental impact and transparency were cited as reasons why it will not support El Salvador's transition to adopting Bitcoin as an offi...

Published at: 2021-06-17


CNN with NFT
CNN with NFT

CNN has followed Fox and Time Magazine into the NFT market by announcing the launch of collectible historical news moments. The CNN NFT project is called "Vault by CNN: Moments That Changed Us" and features a series of tokenized, iconic moments from its 41-year history, along with a vault for buyin...

Published at: 2021-06-17


Evidence of green potential through ESG assessments
Evidence of green potential through ESG assessments

Environmental concerns about the energy-intensive proof-of-work ( PoW ) mechanism that Bitcoin ( BTC ) uses to produce new coins and verify transactions have been at the forefront recently. Debates over Bitcoin's energy consumption have particularly risen after a tweet sent by Tesla CEO Elon Musk in...

Published at: 2021-06-17


Brits invest in crypto
Brits invest in crypto

A new survey suggests that Brits are more likely to invest in cryptocurrencies than in traditional stock and equity-based investments. A survey by UK investment firm AJ Bell found that 7% of UK adults reported having bought cryptocurrencies in the past year, compared to 5% who invested in stocks an...

Published at: 2021-06-16


Ethereum - what's the next step
Ethereum - what's the next step

Speaking at the Virtual Fintech Forum in Hong Kong on May 27, Ethereum co-founder Vitalik Buterin commented on the hurdles surrounding the implementation of Ethereum 2.0. Buterin said there have been several internal team conflicts over the past five years, and as a result he confirmed that the laun...

Published at: 2021-06-16


Bitcoin: investor mood and market analysis
Bitcoin: investor mood and market analysis

The general mood of the cryptocurrency ecosystem is subdued on June 15 with most altcoins trading flat, while Bitcoin ( BTC ) bulls are looking for a daily close above $41,000 as a sign that the market may be shifting in favor of the bulls. Data shows that the Bitcoin price has risen to $41,330 in...

Published at: 2021-06-16


Bitcoin: price over $40,000
Bitcoin: price over $40,000

Sometimes all bitcoin ( BTC ) needs to pump 10% is a positive comment from someone like Elon Musk. The Tesla CEO was named as the culprit behind the recent slowdown after the company's May 12 announcement clarifying that it would no longer accept bitcoin payments due to environmental concerns. Musk...

Published at: 2021-06-15


Goldman Sachs and ETH
Goldman Sachs and ETH

U.S. investment bank Goldman Sachs plans to offer Ether ( ETH ) derivative products in the coming months, setting the stage for broader adoption of the second-largest cryptocurrency and marking a significant departure from the institution's critical stance toward digital assets in the past.  &...

Published at: 2021-06-15


Crypto regulations in Italy
Crypto regulations in Italy

Paolo Savona, chairman of the Commissione Nazionale per le Società e la Borsa (Consob) - Italy's securities regulator - has raised the alarm over the growing popularity of cryptocurrencies due to a lack of strict regulatory standards.   According to Reuters, Savona revealed this stance...

Published at: 2021-06-15


Bitcoin: Price nears $40,000
Bitcoin: Price nears $40,000

The price of Bitcoin ( BTC ) saw an upward turn of events on June 13 when the price rose to $39,252, but many analysts are still on the fence when it comes to determining whether the digital asset is ready to continue its upward trend.    To date, the crypto market remains on edge and is...

Published at: 2021-06-14


Musk and the acceptance of BTC
Musk and the acceptance of BTC

Tesla CEO Elon Musk says his electric vehicle company will begin accepting Bitcoin ( BTC ) payments as soon as there is confirmation that miners are using clean energy, providing a spark of hope that the FUD surrounding digital assets may soon subside.  According to Wierzycka, Musk deliberatel...

Published at: 2021-06-14


Bitcoin goes on the rise in Canada
Bitcoin goes on the rise in Canada

Demand for Bitcoin ( BTC ) among Canadian investors has not waned in the face of the recent price correction, providing further evidence that market participants are capitalizing on heavily depressed prices.  The Target Bitcoin ETF, which launched in February , has now accumulated 19,692,149 B...

Published at: 2021-06-14


Famous musician sells apartment for Bitcoin
Famous musician sells apartment for Bitcoin

Famous French DJ David Guetta has put his Miami Beach luxury condo up for sale and will accept payments in Bitcoin and Ethereum. The three-bedroom, 2,528-square-foot beachfront property is located on the 37th floor of the Setai Residences luxury condominium complex and is for sale for $14 million,...

Published at: 2021-06-11


Is it time for Bitcoin to rebound?
Is it time for Bitcoin to rebound?

Bitcoin ( BTC ) spending more than three weeks in the $30,000 range is proving to be a key test for one of its best-known price models. As Philip Swift, co-founder of the Decentrader trading suite, noted on June 11, bitcoin poses a serious challenge to the flow stock price forecasting tool. The BT...

Published at: 2021-06-11


Climate Neutral Bitcoin
Climate Neutral Bitcoin

Institutional investors are showing stronger appetite for One River Digital Asset Management's carbon-neutral Bitcoin ( BTC ) investment solution. One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin and Ether ( ETH ), announced Wednesday that the "overwhelming majori...

Published at: 2021-06-11


Space crypto race
Space crypto race

It looks like a 21st century space race is brewing between Elon Musk and BitMEX, with both parties pledging to launch their chosen cryptocurrencies to the literal moon first. On June 4, popular cryptocurrency exchange BitMEX announced that it will support space robotics company Astrobotic Technolog...

Published at: 2021-06-10


New York softens crypto mining regulations
New York softens crypto mining regulations

A proposed ban on cryptocurrency digging, calling for a forced three-year halt to all mining operations in New York, has been relaxed - and will now allow green projects.   The bill passed in the Senate on June 8, and has now been referred to the state Assembly. If passed in the Assembly, the...

Published at: 2021-06-10