The price of Bitcoin is at risk of falling to $6,000, a prominent trader known as Pentarhudi warns after a 14% price drop. Prominent Bitcoin trader and technical analyst, Pentarhudi, says the price of BTC could fall to as low as $6,000. The prediction comes after the brutal rejection of $10,500 on June 2. Pentarhudi […]
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The Bitgrin network saw billions of tokens minted, despite a supposed max supply limit of 21 million XBG. The Bitgrin (XBG) network appears to have minted billions of tokens, despite a declared max supply limit of 21 million XBG. On June 4, leading cryptocurrency information website CoinMarketCap warned its followers about the anomaly on Twitter. […]
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As part of its license application process from the local regulator, Malaysian crypto exchange Tokenize integrated an external market surveillance system. Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs. The firm says this will help the exchange achieve Wall […]
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Luxembourg-based startup ANote Music will launch a blockchain-based platform that allows its users to invest in music royalties. Luxembourg-based startup ANote Music will launch a blockchain-based platform that allows its users to invest in music royalties on July 28. In an announcement on June 4, CEO and co-founder at ANote Music Marzio Schena said that […]
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Cryptocurrency-powered web browser Brave Browser announced that its monthly active user count increased 125% over the past year. Brave Browser, a cryptocurrency-powered web browser, announced that its monthly active user count increased 125% over the past year. According to a June 1 announcement, Brave Browser’s monthly active users reached 15.4 million by the end of […]
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A former Goldman Sachs vice president of investment banking: “We should be glad that traditional Wall Street hasn’t come around to embrace crypto yet.” When the Goldman Sachs report came out dismissing Bitcoin’s status as an asset class, there was significant backlash from the crypto community. This is understandable, as for those building in crypto, […]
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Reports indicate that Micree Zhan obtained a significant victory as he led a team of guards into Bitmain’s Beijing office to establish himself as its legal representative. The power struggle inside Bitmain appears to have greatly intensified between June 3 and 4, as reports circulated that Micree Zhan hired guards to take over the company’s […]
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Some in the crypto community are using the turmoil in the United States to push a George Floyd token in what appears to be an obvious cash grab that feeds on sentiment. A new project has sprung up to take advantage of the tense situation in the United States and promote a new token. A […]
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Tencent Cloud — Tencent’s cloud computing arm — is forming a blockchain alliance to further the industrial implementation of the technology. Tencent Cloud, the cloud computing arm of the Chinese internet giant Tencent, is preparing to bring together 100 organizations this year to establish the Industry Blockchain League. On June 4, China Banking News reported […]
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Using dollar-cost averaging delivers tidy gains for Bitcoin investors, and it doesn’t matter when you start, PlanB says. Bitcoin (BTC) dollar-cost averaging for even a single year is an opportunity investors “cannot ignore,” one of the industry’s best-known price analysts thinks. In a Twitter debate on June 3, PlanB, creator of the popular stock-to-flow Bitcoin […]
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