Crypto news

Paraguay’s Deputy of the Nation, Carlos Antonio Rejala Helman, has confirmed that new legislation in regards to Bitcoin will arrive in July. This comes amid growing adoption in Latin America led by El Salvador, which could be followed by Panama as well. CryptoPotato reported last week when Rejala Helman said his country planned to start working on an “important project” that included Bitcoin and PayPal Although he provided little-to-no information at the time about the...

Bitcoin continues to gradually lose value with another price slump to around $37,000. Most alternative coins are also suffering, with ETH dipping beneath $2,400 and BNB close to dropping below $350. Bitcoin’s Struggles Continue Just a few days ago, the situation with the primary cryptocurrency seemed significantly more promising. The asset was riding high above $40,000 for the first time in nearly a month and even spiked to north of $41,000. However, it failed to maintain...

Popular NASCAR driver Landon Cassill will soon become the first auto racing driver to receive his salary in cryptocurrency via a new partnership with crypto brokerage firm Voyager Digital Ltd. First Auto Racer To Receive Crypto Salary In an official announcement today, the National Association for Stock Car Auto Racing, LLC (NASCAR), an American auto racing sanctioning and operating company best known for stock car racing, revealed that Cassill will be paid fully in...

Bitcoin cash price is struggling to recover above $600 and $620 against the US Dollar. The price is now trading below $600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $620 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline unless there is a clear break above $600 and $620. Bitcoin cash price is struggling to recover above $620 against the US Dollar, similar...

According to a new survey unveiled by Bank of America, fund managers still do not trust bitcoin and see it as a major bubble despite the massive price bust that has occurred over the past month. Bank of America Survey Doesn’t Paint BTC in a Positive Light Bitcoin was initially trading at an all-time high in mid-April of this year. The world’s number one digital currency shot up to approximately $64,000 per unit, reaching its highest peak in its 12-year history, though at...

2021 has been an incredible year for cryptocurrencies as we saw one of, if not the biggest, bull markets so far. This had the spotlight put over many projects, and Cardano was no exception – just on the contrary. The proof-of-stake blockchain platform enjoyed the attention of the entire cryptocurrency community and even celebrities and people from outside of it. After all, the legendary rock star Gene Simmons announced a $300K ADA buyback in February, attracting even more...

Bitcoin has always had its naysayers. From the day it was born in January of 2009, some people have refused to become BTC believers, one of which is Nouriel Roubini – playfully known as “Dr. Doom” for his angry and negative sentiment towards bitcoin. Nouriel Roubini Still Hates BTC As the largest cryptocurrency in the world, bitcoin has garnered quite a few fans over the past 12 years, but Roubini is not feeling the love that others are experiencing, and today is no...

Bitcoin traders utilizing the popular derivatives exchange BitMEX still seem significantly more bearish on the asset’s future price developments, on-chain data reveals. At the same time, a prominent analyst argued that the most violent stages of the recent market crash are over, which could suggest good entry opportunities. BitMEX BTC Traders Still Bearish Bitcoin’s price went through a roller-coaster in the past month propelled by FUD and over-leveraged positions on...

Bitcoin has spent the last few days shooting up. The currency has again crossed the $40,000 line after trading in the mid-to high $30,000 range, the lowest it has been in several months. All is looking better, and analysts are hoping this is the start of another rise to the top for the world’s number one crypto by market cap, and yet according to Willy Woo, things are not quite where they need to be. Willy Woo Sees $200K for BTC Woo had originally believed that bitcoin...

Traditionelle Investoren sehen Bitcoin immer noch kritisch. Dass aber mehr als 4 von 5 Fond-Manager den Cryptomarkt generell und Bitcoin im Speziellen in einer Blase wähnen, kommt dennoch überraschend. Bitcoin News: 81% der Fond-Manager glauben, Bitcoin befinde sich in einer BlaseDie älteste Bank der USA – die Bank of America (BofA) – hatte vom 4. bis zum 10. Juni eine Umfrage durchführen lassen. 224 Fond-Manager wurden unter anderem zum BTC befragt. 81% von ihnen sehen den Markt in einer...