Bitcoin may lose $30K price level if stocks tank, analysts warn
Downside risks for BTC price are also heightened due to the recent dollar bounce. Go to Source Powered by WPeMatico
DIGIT
Spanish Deputies File Proposal to Accelerate the Creation of a Digital Euro
A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on June 8, asks for the creation of a group to study the implementation of a digital currency in the Eurozone. This study group, if created, would be aided by the Bank of Spain. … Read more
Beyond the hype: NFTs’ actual value is still to be determined
NFTs present a revolutionary and innovative technology, but their real value has been obscured by hype. Go to Source Powered by WPeMatico
Ledger Customers Are Being Mailed Fake Wallets to Steal Their Private Seeds
Ledger customers are receiving fake wallets by mail to steal their cryptocurrency. A user in Reddit reported receiving a suspicious package that claimed to be mailed by Ledger. The package included a letter stating the user needed to substitute the current wallet for safety reasons. Ledger has been the source of several leaks of information … Read more
Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading
Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. Denmark’s Largest Bank Clarifies Its Stance on Cryptocurrencies Responding to mounting inquiries from customers and … Read more
Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies
PERL price defied the marketwide downturn with a 100% rally following the release of an environmentally friendly focused platform that provides users with carbon credits. Go to Source Powered by WPeMatico
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is … Read more
Hawkish Fed comments push Bitcoin price and stocks lower again
Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year. Go to Source Powered by WPeMatico
Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
Bitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate. Go to Source Powered by WPeMatico
NASCAR Driver Landon Cassill to Be Paid in Cryptocurrency for the Remainder of the Season
The American professional stock car racing driver, Landon Cassill, has announced he has partnered with the crypto-asset platform Voyager Digital Ltd. in order to get paid in cryptocurrency. Cassill’s announcement notes that the racer will be paid in crypto for the remainder of the 2021 NASCAR Xfinity Series season. Landon Cassill to be Paid in … Read more
