Bitcoin Financial News

21.06 / 20:33

UPS BTC Bitcoin Bitcoin’s S2F model ‘deserves all the mockery,’ claims Ethereum’s Buterin

Although it started off with significant levels of success, PlanB’s stock-to-flow model has been a failure. In fact, it has become the subject of mockery by industry titans such as Vitalik Buterin. Ethereum’s Buterin today released a statement, one in which he revealed his thoughts on financial models such as the stock-to-flow model.

21.06 / 20:31

business Mining Loans Bitcoin Bitfarms Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June, using the proceeds from the sale to reduce its debt.

21.06 / 19:25

Blockchain Twitter Lightning Network Bitcoin Deal elon Elon Musk's Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano's Upgrade + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

21.06 / 18:37

Blockchain Bitcoin Japanese film studio announces the production of a series based on crypto

Noma, a Japanese film studio, has announced that it is producing three feature films that are based on the world of cryptocurrencies. The first film, titled The Rhetoric Star, is already in production and will be released in 2024.

21.06 / 18:29

Ethereum Adoption Bitcoin Cointelegraph Store introduces Summer of Crypto merch collection

As the market gets hot with the recent price drops, traders need a way to stay cool and take a break from looking at their portfolios. Cointelegraph has dropped a summerwear collection to help holders express their identity as crypto believers, especially when it’s time to take a dip at the pool or the beach.

21.06 / 17:15

markets Ethereum Bitcoin Bitcoin Price Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains

Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a trip to near $21,500.

21.06 / 16:43

business Adoption Deloitte Bitcoin businesses Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin

Professional services giant Deloitte is getting increasingly serious about Bitcoin (BTC) amid the ongoing market downturn, setting up a major initiative to promote BTC adoption.

21.06 / 16:03

Lowe's Platform Bitcoin PGIM Amundi and PGIM warn of crypto winter: ‘This crash feels different’

Cryptocurrency traders are bracing for more turmoil after a market meltdown claimed more than 1,000 jobs and put the industry on the brink of a ‘crypto winter’.

21.06 / 15:39

BTC Bitcoin SAND has to beat this resistance zone to flip bias to bullish

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

21.06 / 15:10

business BMW Bitcoin Bitcoin in Zimbabwe: Importing cars and sending money to family

Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic.

21.06 / 14:11

cryptocurrency Central Bank banking Bitcoin After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing

As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system.

21.06 / 13:14

markets Bitcoin Bitcoin Price NOT That’s not hodling! Over 50% of Bitcoin addresses still in profit

More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity of the current “bear market.”

21.06 / 13:13

markets Blockchain Ethereum Bitcoin Cloudflare outage affects multiple crypto exchanges

Cloudflare, a significant infrastructure provider for the internet, recently experienced widespread problems, leaving many crypto exchanges down.

21.06 / 13:01

cryptocurrency Digital Bitcoin Investors Bruised And Bewildered From Crypto Meltdown

Bitcoin fell below $20,000 on June 18 for the first time since December 2020.

21.06 / 12:17

Provident Target Digital Platform Bitcoin WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use

China’s WeChat, the Tencent-backed social messaging platform, has announced its plans in an indirect manner to crack down on accounts on the platform that are linked to digital currencies and Non-Fungible Tokens (NFTs).

21.06 / 11:13

SEC Bitcoin Law Decoded, June 13–20: Celsius exodus and liquidity crisis

Last week, the Celsius Network wrote its name in the alarming recent history of the crypto market failures alongside Terra. The American platform has unstaked $247 million worth of Wrapped Bitcoin (wBTC) from the Aave protocol and sent it to crypto exchange FTX while putting the withdrawal option for users on a stop.

21.06 / 09:13

business cryptocurrency ETF Bitcoin ProShares to list first short bitcoin ETF on NYSE

ProShares is set to list the United States’ first exchange-traded fund (ETF) that will allow investors to bet against bitcoin (BTC) prices and hedge their crypto investments, news site CoinDesk, which specialises in digital currencies reported on June 20.

21.06 / 08:41

cryptocurrency defi Platform Bitcoin Decentralized Finance Activity Hit Hard As Crypto Markets Tumble

DeFi activity is robbing lenders of their most lucrative returns.

21.06 / 07:01

Digital Platform Bitcoin Should Retail Investors be worried about another Crypto Winter? By Viktor Prokopenya, London based Investor and FinTech Entrepreneur

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

21.06 / 06:35

cryptocurrency CoinMarketCap Bitcoin Cryptocurrency Prices Today June 21: Bitcoin, Ether in green; Polkadot biggest gainer

The total volume in DeFi stood at $6.65 billion, 9.24 percent of the total crypto market's 24-hour volume. The volume of all stable coins was $62.73 billion, 87.23 percent of the crypto market's 24-hour volume.

21.06 / 06:09

cryptocurrency Wall Street Journal Bitcoin Bitcoin holds near $20,000 as investors fear "domino effect"

cryptocurrency industry was on edge on Monday as bitcoin held just above $20,000 and investors feared that problems at major crypto players could unleash a wider market shakeout. Bitcoin, the world's biggest cryptocurrency, dropped on Saturday to as low as $17,592.78, falling below the key $20,000 level for the first time since December 2020. It picked up slightly during London trading hours on Monday, at around $20,510 at 1232 GMT. But it has still lost 55% of its value this year and 35% this month alone in the cryptocurrency sector's latest meltdown.

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