Crypto news

American billionaire hedge fund manager Marc Lasry said he should have bought “a lot more” Bitcoin (BTC) a few years ago. During a CNBC’s Squawk Box interview, Lasry commented on BTC’s performance and 2020’s bull run. He regrets not buying more as the price surge happened a lot quicker than he thought —mainly due to institutional investors embracing cryptocurrencies and widespread adoption by governments and other corporations. “I think the probability, as more and more...

The city of Miami, Florida recently played host to the biggest bitcoin conference the world has ever seen. The event took place between June 3 and June 5 and featured a wide array of speakers and crypto experts including Jack Dorsey of Twitter and Square fame, and, surprisingly, professional skateboard legend Tony Hawk. Tony Hawk Is Interested in Silk Road Hawk does not claim to know everything about crypto or bitcoin, though it was revealed at the event that he invested...

Kevin O’Leary – aka Mr. Wonderful on the program “Shark Tank” – has been one of the biggest advocates of green crypto mining. He has often called out China for its lack of attention towards this and has even stated that he will not be buying any more crypto mined in China, even likening the asset to “blood coin” in recent statements. Kevin O’Leary: It’s Time to Become Environmentally Friendly In a new interview, he discusses why it is so important that bitcoin miners...

Tim Wu – a leading antitrust expert at the White House – owns between $1 and $5 million in bitcoin. His crypto investment represents the largest chunk of his portfolio. The Critic Turned out to Be a HODLer According to Politico, Tim Wu – who is also an attorney and a legal scholar – holds Bitcoin at least $1 million, representing between 25% and 43% of his total assets. He also holds between $100K and $250K worth of Filecoin (FIL). It is worth noting that the 49-year-old...

Last week, Polkadot’s canary network, Kusama (KSM), conducted an on-chain upgrade on its parachain after a vote was passed, making it the first live and fully functional parachain of the Kusama network processing permissionless transactions. The upgrade also made the project the first fully decentralized, heterogeneously-sharded blockchain.   Kusama is a permissionless network that allows developers to experiment and test dApps and blockchains before deploying them on...

With the latest price fluctuations with BTC’s price, it’s worth reviewing how different investors are interacting with their holdings. From one side, centralized exchanges saw the largest daily withdrawal in the year, but, on the other, Bitcoin-related products saw the most significant outflows worth $141 million. Largest BTC Withdrawals This Year By outlining data from Glassnode, Lex Moskovski, the Chief Investment Officer at Moskovski Capital, showed the recent spike in...

The United States Department of Justice said that it recovered over $2 million worth of bitcoin, which was the majority of the ransom paid by the U.S. oil pipeline giant Colonial Pipeline to cybercriminal group DarkSide. DoJ Recovers 63.7 BTC The DoJ made the announcement in a press release on Monday (June 7, 2021). According to it, the department retrieved 63.7 bitcoins, worth $2.1 million, at the time. The operation was undertaken by the Ransomware and Digital Extortion...

XRP/USD – XRP Spikes Into 2020 Highs Key Support Levels: $0.828, $0.8, $0.75.Key Resistance Levels: $0.9, $1.00, $1.05. XRP dropped by a sharp 9% over the past 24 hours as it falls beneath a rising trend line and spikes as low as $0.82 (2020 highs) today. The cryptocurrency started the month of June off by battling resistance at $1.05 (bearish .382). Unfortunately, this level actually formed the upper boundary of an ascending triangle pattern, and the buyers were unable to...

After a few days of sideways trading, bitcoin fell hard by losing almost $5,000 of value in less than a day. The rest of the market followed suit as Ethereum slumped by $400 to an eight-day low. Bitcoin Dumped to Lowest Level Since May 24th The past few weeks have been somewhat unusual for the primary cryptocurrency. During the previous weekend, BTC dumped beneath $33,500, but it used the workweek to regain all losses. It failed at breaching $40,000, dropped by a few thousand...

ADA price started a fresh decline after it failed to surpass $2.0 against the US Dollar. The price is now trading well below the $1.65 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.68 on the 4-hours chart (data feed via Bitfinex). The price is declining and it could even slide further below $1.40 in the coming sessions. Cardano price is struggling to hold gains above $1.50 against the US Dollar,...