Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers
A recent Opinium poll has shown that a majority of British financial advisers are not advocates of crypto investing for their clients. Go to Source Powered by WPeMatico
Month: June 2021
Looming ‘death cross’ may put Bitcoin bull run in danger ahead of Fed meeting
Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook. Go to Source Powered by WPeMatico
Jack Dorsey notes lobbying efforts to get Ethiopian gov’t to embrace Bitcoin
Ethiopian-based group Project Mano is lobbying the government to mine, hold, and link Bitcoin to the ETB or other legal tenders. Go to Source Powered by WPeMatico
Digital euro could drain 8% of bank deposits, Morgan Stanley says
Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. Go to Source Powered by WPeMatico
Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Go to Source Powered by WPeMatico
Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. Over 300 Mining Rigs Cut Off From Electricity Supply in Abkhazia … Read more
Bitwise secures $70M in Series B funding from major Wall Street investors
Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million. Go to Source Powered by WPeMatico
Proposed crypto ban legislation reportedly under review by India’s government
Authorities in India are reportedly weighing up options concerning crypto regulations in the country. Go to Source Powered by WPeMatico
Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the latest African country to signal a willingness to embrace digital assets. According to remarks attributed to Ali Kooli, Tunisia’s economy minister, the North African state will soon move to decriminalize the buying of bitcoin. This … Read more
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit. Go to Source Powered by WPeMatico
