Lowest price forward claims that after August this year, Bitcoin will never trade below five figures again. Bitcoin (BTC) will never cost less than $10,000 again after August this year — according to a price indicator gaining popularity among investors. In a tweet on June 2, Timothy Peterson of asset manager Cane Island Alternative Advisors […]
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Ripple continues to expand its presence in Brazil, holding a meeting with officials at the country’s central bank. Ripple, the company associated with the XRP cryptocurrency, had a closed-door meeting with the central bank of Brazil on May 30 to discuss “institutional matters”. According to the financial institution’s website, its president Roberto Campos Neto had […]
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Telos has launched a partnership to deploy its blockchain to secure food assistance programs in the United States. EOS-based blockchain platform Telos has announced a partnership with virtual card provider All_EBT to scale the firm’s service for food assistance programs. The partnership will see Telos’ blockchain used to facilitate payments between All_EBT’s stakeholders in food […]
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A 10-company oil and gas blockchain consortium saw promising results from its blockchain pilot test for oilfield water-handling. The OOC Oil & Gas Blockchain Consortium has completed a blockchain pilot test to automate payments for oilfield water-handling. The process of oilfield water-handling requires the management of the huge amount of water extracted and injected during […]
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Chinese law enforcement discovered an illegal Bitcoin mining operation in what appeared to be multiple underground burial sites. Chinese law enforcement discovered a Bitcoin (BTC) mining operation in what appeared to be multiple underground burial sites. Local English-language news outlet Beijing News reported on May 31 that law enforcement found an illicit mining operation in […]
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Blockstream has launched an initiative intended to connect developers building on its Liquid sidechain with Bitcoin-focused investors and entrepreneurs. Blockstream, the firm behind the Bitcoin (BTC) sidechains Liquid and Lightning Network, has launched its “Liquid Ventures Initiative,” which seeks to connect developers looking to build on the commercial sidechain with crypto investors. The announcement follows […]
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The CEO of Kingdom Trust, a regulated custodian managing over $13 billion in assets, believes a generational shift will soon open the $28 trillion retirement industry to Bitcoin. In an interview with Cointelegraph, Ryan Radloff, the CEO of the crypto-friendly $13 billion custodian Kingdom Trust, asserted that a “generational change” will soon open the $28 […]
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A brief breakout into bullish territory for BTC/USD was a red herring, says John Bollinger, who is urging “caution” among traders. Bitcoin (BTC) hitting highs of $10,300 this week isn’t a breakout and investors should brace for losses, renowned analyst John Bollinger has warned. In a tweet on June 2, the Bollinger Bands indicator creator […]
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The global regulatory landscape is tightening for crypto ATM operators. Experts predict that Bitcoin ATMs (BATMs) will face stricter regulations worldwide, with countries including Canada and Germany already moving to tighten up anti-money laundering requirements. A June 2 report from CipherTrace estimates that 74% of transactions made from U.S.-based Bitcoin ATMs were sent out of […]
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The extreme volatility of the past 24 hours has seen $230 million in both longs and shorts liquidated on BitMEX. The recent volatility in the Bitcoin (BTC) markets has left both bulls and bears facing significant liquidations, with almost $223 million in 24-hour margin calls on leading derivatives exchange BitMEX being evenly spread between BTC […]
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