Crypto news

The founder of SkyBridge Capital – Anthony Scaramucci, is not stunned by the recent decline of bitcoin’s USD price. Just the opposite, he believes that its fiat currency value will reach new heights in the next 24 months. BTC Will Be Back In a recent CNBC interview, the American financier Anthony Scaramucci reassured the supporters of the primary cryptocurrency that it will overcome its current downward volatility. He reminded that Bitcoin’s performance in 2021 is still...

Legendary boxer Floyd Mayweather used his upcoming bout with YouTube star Logan Paul to push cryptocurrency. Floyd Mayweather Is a Big Crypto Fan Mayweather boasts an undefeated record of 50 and 0. At age 44, he has been retired from the ring for some time, but in a recent interview, claimed that he now fills up his hours with crypto investing and learning all he can about this developing industry. He says: Everybody should have their own mind and choose what...

Wikipedia has listed Bitcoin (BTC) as one of El Salvador’s official currencies —shortly after, the country turned BTC into an official legal tender approved by a supermajority in the Salvadoran Congress. Wikipedia now lists #Bitcoin as El Salvador’s currency. pic.twitter.com/JfbdoeBumB — Documenting Bitcoin ? (@DocumentingBTC) June 9, 2021 El Salvador became the first country to accept Bitcoin as a legal tender. It will take 90 days for the law to be enacted, which will...

Frederick Kaufman – an English and journalism professor – has a new book out that talks about the rise of cryptocurrencies and their disruption of the money system as we know it. Kaufman: Crypto Has Really Changed the World of Money Titled “The Money Plot: A History of Currency’s Power to Enchant, Control and Manipulate,” Kaufman saw his book published as the coronavirus pandemic was taking hold. The pandemic proved to be a huge period of change for many people and...

Victory Capital Holdings has outlined plans to enter the cryptocurrency market through its wholly-owned investment adviser, Victory Capital Management. To do so, the branch has partnered with Nasdaq and crypto-focused asset manager Hashdex. Founded in 2013, Victory Capital Holdings is a US-based asset manager with nearly $160 billion in AUM as of April 30th, 2021. According to a press release shared on June 9th, the firm’s investment adviser, Victory Capital Management, has...

Bitcoin is up by 12% from yesterday’s low of $31,000, according to Bitstamp, and is currently battling to climb above a descending trend line that spans the first week of June. The primary cryptocurrency saw a turbulent week after breaking beneath the previous symmetrical triangle pattern on Monday. BTC kept sliding following the bearish breakout as it even broke the late-May support at $33,500 and continued lower yesterday to hit the low at $31,000, which was the lowest...

[PRESS RELEASE – Media, PA, USA, 9th June 2021] Today the hit blockchain-based trading card game completed the sale of its final claims to Plots of virtual land in the game’s upcoming land expansion. This sellout comes nearly six months before the anticipated release of the land expansion near the end of 2021. The expansion has been the most eagerly anticipated release in the company’s history, attracting thousands of new players and NFT collectors to the game throughout the...

One of the world’s leading brokerage companies, Interactive Brokers, will be offering cryptocurrency trading services to its clients by the end of summer 2021. According to a recent report by CNBC, Interactive Brokers will start allowing its customers to trade cryptocurrencies by the end of summer 2021. Speaking on the matter was the Chairman and the CEO of the company, Thomas Peterffy, who said: Customers certainly are asking for cryptocurrency trading and we expect to be...

Bitcoin’s price is nearing a critical level as the 50-day moving average is close to the 200-day moving average. The so-called death cross typically results in significant price volatility, with history suggesting two possible outcomes. Scenario 1: Bitcoin Goes Down Hard Ever since BTC peaked in mid-April at $65,000, the cryptocurrency has failed to continue or even maintain its run. Just the opposite, the asset has lost roughly 50% of its value in less than two months. By...

Decentralized Finance (DeFi) wird einen signifikanten Einfluss darauf haben, wie Banken in Zukunft arbeiten werden. Das Potenzial birgt die Möglichkeit die gesamte Finanz- und Bankenwelt auf den Kopf zu stellen und vielleicht sogar zu ersetzen. Bevor wir uns das ein wenig näher ansehen, müssen wir noch einen kurzen Ausflug zu Decentralized Finance (DeFi) machen. Defi steht für dezentralisierte Finanzmärkte (engl.: Decentralized Finance). Es geht vor allem im Krypto Bereich darum, neue...