European Union proposed to form an intergovernmental agency that will control the work of cryptocurrency trading platforms. The European Union intends to form an intergovernmental body to supervise cryptocurrency exchanges. This was reported by Reuters, citing a document with the proposal.…
Bitcoin hash rate could also decline dramatically. Foundry Services VP Kevin Jean predicts that in the week beginning June 28, bitcoin’s difficulty (difficulty) rate is expected to decline by about 23% to 15 trillion conventional units. It has already fallen markedly…
Mike McGlone, an analyst at Bloomberg Intelligence, believes that in terms of the long-term time horizon, restrictions on bitcoin mining in China may eventually play to the advantage for the growth of the price of this asset. From his point of…
Michael Saylor, CEO and founder of MicroStrategy, criticized China for its current policy on Bitcoin (BTC) mining. In his opinion, this mistake will cost the Celestial Empire “a trillion dollars. In an interview with Bloomberg Technology, renowned crypto-enthusiast Michael Saylor said,…
It’s time for big players in the financial world to think about how to enter the cryptocurrency market, Morgan Stanley Bank experts said The institutionalization of cryptocurrencies offers “great opportunities” for asset managers. This opinion was expressed by analysts at Morgan…
Cryptocurrency exchange Huobi closed access to cryptocurrency derivatives for Chinese clients. The new conditions are spelled out in the user agreement The new version of the user agreement states that the cryptocurrency exchange has added China to the list of jurisdictions…
Bitcoin (BTC) reached a local low on June 8 at $31,000 and began a correction from the support level. The next day a bullish absorption candlestick pattern formed on the charts and bitcoin tested the high at $37,682 Technical indicators give…
At least four out of five onchain indicators hint at a capitulation among ether cryptocurrency (ETH) hodlers, according to Santiment Holders of the cryptocurrency ether (ETH) seem to have been unable to withstand the cryptocurrency’s short-term price drop below $2,500. This…
Cryptoclearance in China has reached a new level. Authorities have arrested more than 1,100 people suspected of money laundering through cryptocurrencies. China has seen mass arrests of suspects of laundering illicit proceeds through cryptocurrencies. According to China’s Ministry of Public Security,…
Social and onchain indicators show negative sentiment in a community that lost faith in the SHIB token back in mid-May SHIBA INU hodlers are capitulating amid lingering skepticism about the cryptocurrency. That’s the conclusion reached by analysts at Santiment. A social…
The survey, which was conducted by Procensus, found that respondents believe the average price of bitcoin during 2021 will be around $47,000. The survey included 137 investment portfolio managers with a total value of more than $17 trillion. Given that bitcoin…
Tim Wu published information about his investments. Tim Wu, who advises the U.S. president on technology issues, as well as competition in the markets, according to the published information on his income is a major investor in bitcoins. At the same…