El Salvador: All Adult Citizens Eligible to $30 Worth of Bitcoin — Analysis, 28 June

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 […]

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 […]

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 […]