China’s WeChat bans crypto and NFT-related accounts
The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to...
Day: June 20, 2022
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single...
Bancor pauses impermanent loss protection citing ‘hostile’ market conditions
Veteran DeFi protocol Bancor came under heavy scrutiny for pausing the impermanent loss protection program at a time when liquidity...
Marathon Digital keeps on mining despite BTC price slump
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1,...
Ethereum testnet Beacon Chain launched and ready for trial merge
The Sepolia testnet is the next in line after Ropsten to undergo a merge trial run since its Beacon Chain...
Chinese court invalidates 2019 car sale made using now worthless crypto token
It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable...
HM Treasury changes course on collecting data around unhosted crypto wallets
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the...
Bitcoin futures enter backwardation for the first time in a year
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price. Bitcoin's (BTC) month-to-date...
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of...
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that...
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes...
Polkadot Price Prediction for Today, June 20: DOT May Lose at $9
Polkadot Price Prediction – June 20The DOT/USD market operation yet features under the sell signal sides of the trading tools...
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average....
Iranian government to cut power supply for the country’s legal crypto mining rigs
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has...
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend. Canada's Purpose Bitcoin ETF (BTCC)...
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