Crypto news

With the death of the eccentric British-American computer programmer and cryptocurrency proponent, John McAfee, the U.S. government could find it difficult to confiscate funds belonging to the tech entrepreneur. Absence of Death Certificate Stalling Further Process As previously reported by CryptoPotato, McAfee was found dead after committing suicide in a prison in Barcelona, Spain. McAfee’s death happened a few hours after the Spanish authorities authorized the...

Tron price formed a base above $0.0500 and started a fresh increase against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.0640 and $0.0620. TRON price is now showing positive signs above $0.0600 against the US Dollar,...

Bitcoin price started a fresh increase from the $30,000 support zone against the US Dollar. The price is now trading above the $35,000 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $35,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is correcting gains, but it is likely to remain stable above $35,000 and $34,000 in the near term. Bitcoin price is recovering higher...

Elon Musk is in the news again. This time, he is sticking up for the meme currency Dogecoin, and saying how much he supports a proposed upgrade that could potentially allow Doge transactions to become cheaper in the future. Elon Musk Shows Support for Doge There are probably a healthy number of people out there that really could give a hoot about anything Musk has to say at this point. The man has played so many games in the past two months and tweeted so much nonsense...

The Chicago Mercantile Exchange (CME) has hit a new peak. Just one month after launching its new bitcoin micro futures, the company has seen approximately one million of these contracts traded, suggesting that institutional investing in the bitcoin space has not died down since the currency began experiencing heavy losses from its mid-April high. The CME Has Struck a Top Chord CME put out the following message on Twitter: Today, we announced a new milestone for micro...

New York Federal Reserve Bank President – John Williams – opined that the rapid development of virtual assets challenges the central banks’ desire to launch their own CBDCs. He advised policymakers to consider how cryptocurrencies would work efficiently alongside physical cash. Crypto Raises Questions for Central Banks John Williams – the president and CEO of the Federal Reserve Bank of New York – reacted to the recent presentation of the former Bank of England governor Mark...

Bitcoin has been trapped in the doldrums as of late, but the currency is still on the radar of several institutional investors such as Ricardo Salinas Pliego, a Mexican billionaire who is working with his bank to become the first Mexican financial institution to accept the world’s number one digital currency by market cap. Mexican Billionaire Pliego Plays the BTC Horn Over the weekend, Pliego tweeted the following: Me and my bank are working to be the first bank in...

[PRESS RELEASE – Hong Kong, Hong Kong, 29th June 2021] Fractionalized NFT protocol Unicly will collaborate with Sushi to implement a novel auction mechanism for fractionalized NFTs. This joint effort will enable Unicly to integrate SushiSwap’s pioneering auction solution as debuted on the latter’s MISO platform. On the Unicly protocol, fractionalized NFT collections are wrapped into something called “uTokens”. These uTokens are traded on Unicly’s exchange, allowing people to...

21Shares AG, the Swiss-based issuer of cryptocurrency-oriented Exchange-Traded Products, continues with launching such ETPs in Europe. The latest will track the performance of Solana (SOL) and will go live on June 30th on the Swiss stock exchange. SOL ETP Coming to SIX Exchange The company, aiming to close the gap between institutional investors and regulated cryptocurrency products, announced its latest ETP in a press release shared with CryptoPotato. It will track the...

Tom Brady and his wife, Gisele Bündchen, have taken an equity stake in the popular cryptocurrency trading platform – FTX. Although the amount of the equity stake has not been disclosed, it’s known that the duo will receive some sort of payment in cryptocurrencies. Bloomberg coverage from June 29th indicated that the power couple of Tom Brady and Gisele Bündchen had taken an equity stake in FTX as part of a long-term partnership. As a result, the American football legend and...