El Salvador: All Adult Citizens Eligible to $30 Worth of Bitcoin — Analysis, 28 June On June 24th, Citigroup, the third-largest banking institution in the United States, officially launched a digital asset unit within its wealth management division, according to The Block. The new unit called Digital Assets Group aims at helping Citigroup’s clients invest in cryptocurrencies, stablecoins, […]
FIO Protocol Price Prediction
FIO Protocol Fundamental Analysis FIO is a utility token powering FIO Protocol — a project initiated by the Foundation for Interwallet Operability and intended to improve crypto usability. FIO protocol does that by letting a user utilize a single easily readable address, which looks like “john@fio,” for operations with different currencies within his wallet, instead of different […]
Sorry, Folks. Blockchain ≠ Privacy
Interview with privacy blockchain, Panther Protocol regarding their efforts to prioritize privacy for businesses and users. Continue reading on The Capital »
Discord Acquires Ubiquity6, Takes Over Backyard and Other Apps
Coinspeaker Discord Acquires Ubiquity6, Takes Over Backyard and Other Apps The CEO of Ubiquity6, Anjney Midha announced the acquisition via a Medium post. However, neither of the companies have disclosed the terms of the contract. The decision that led to this acquisition is not entirely unexpected. For several months, the company had been abandoning products […]
Mexico Turns Down Bitcoin development after Millionaire’s Crypto Pitch
Central Bank of Mexico (Banco de México) and other regulatory watchdogs issued a statement prohibiting financial institutions from conducting transactions by virtual cryptocurrencies. (Read More)
Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust
According to the U.S. Securities and Exchange Commission’s document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund. (Read More)
Can Bitcoin Reclaim the Psychological $50,000 Level?
Bitcoin has been stumbling for a long time and has recently registered a 50% drop. From the highs of $64967 to the lows of $28810, it touched on June 22, we have witnessed a strong pullback of more than 20%. As of now, bitcoin is trapped between stiff resistance and strong support levels. The future […]
Institutions turn bearish on ETH as record $50M exits Ether investment products
Ether investment products have suffered record outflows this past week, while Bitcoin flows have begun to stabilize. Ethereum investment products have experienced a record outflow of $50 million this past week, signaling bearish sentiment among institutional investors. According to the CoinShares’ “Digital Asset Fund Flows Weekly” report, Ether products have now experienced outflows for three […]
Craig Wright wins default judgment, Bitcoin.org must remove Bitcoin Whitepaper
Bitcoin.org must now remove the Bitcoin whitepaper, host a notice referring to the court’s judgment, and pay $48,600 to cover Wright’s legal costs. The self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright, has won a legal battle claiming copyright infringement on the part of bitcoin.org for hosting the Bitcoin whitepaper. Wright won by default […]
Bitcoin Mining Hashrate Dives to 2020 Level, Following China Crackdown
Coinspeaker Bitcoin Mining Hashrate Dives to 2020 Level, Following China Crackdown Generally, China’s crackdown targeting Bitcoin has dealt a big blow to Bitcoin era, particularly Bitcoin mining pools and companies. However some players have been more affected than others, but for miners who are not based in China may be reaping big time. The mining […]