June 22, 2021

Bitcoin Slumps Following Ban from the Agricultural Bank of China

The third-largest bank in China has published a statement detailing a complete ban prohibiting its customers from facilitating Bitcoin (BTC) and cryptocurrency transactions. Notably, the Agricultural Bank of China is also one of the largest banks in the world. The bank noted that customers’ account...

#BITCOIN #BTC #China #CRYPTOCURRENCY #NEWS

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June 21, 2021

Ripple vs. SEC: Crypto Mom Calls for Better Regulatory Clarity

In a recent interview with Bloomberg, US Securities and Exchange Commissioner Hester Peirce noted that Ripple, or any other cryptocurrency, does not necessarily have to be a security for the issuer to get sued by the Commission. Pierce, popularly known as the “Crypto Mom” because of her pro-crypto ...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

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June 20, 2021

Bitcoin Begins the New Week on a Bearish Tone Near $35k

Following a bearish end of last week, Bitcoin (BTC) appears to have settled above the $35k level. Meanwhile, things didn’t go any better in the altcoin sector, with Ethereum falling to $2,200 and Ripple losing over 5% in a day. Last week started with a positive outlook for the crypto market as BTC ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

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June 18, 2021

Ethereum Classic Dips Amid Network Upgrade Announcement

The Ethereum Classic (ETC) network is contemplating an algorithm switch to ensure better security. Over the past few years, the ETC has suffered recurring “51% attacks,” hence the need to augment its security. The new update proposal recommends switching to SHA 3 (Secure Hash Algorithm 3) to “great...

#CRYPTOCURRENCY #ECIP 1049 #ETC #Ethereum Classic #NEWS

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June 17, 2021

Bitcoin Falls Amid Opposition from World Bank on El Salvador BTC Adoption

The World Bank has stated that it would not assist El Salvador in implementing Bitcoin as a recognized legal tender due to environmental and transparency concerns. In an interview with Reuters, a World Bank spokesperson noted that the institution’s commitment to assist El Salvador in implemen...

#BITCOIN #BTC #CRYPTOCURRENCY #El Salvador #NEWS

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June 16, 2021

Cardano Market Analysis: Bullish Sentiment Remains

Cardano (ADA) has posted a healthy rebound above the $1.5500 level in the early hours of Wednesday, following a 2% slip the session before. Nonetheless, trading volume and volatility are still on the weaker side, while the cryptocurrency currently trades at $1.5650. Even though the long-term prospe...

#ADA #Cardano #CRYPTOCURRENCY #NEWS

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June 15, 2021

Bitcoin Rebounds as MicroStrategy Doubles Down on BTC Investment

As Bitcoin (BTC) regains bullish momentum, MicroStrategy, led by one of Bitcoin’s most prominent supporters, Michael Saylor, has just sealed another senior secured notes offering to purchase more BTC. According to an official announcement yesterday, the investment company has completed a $500 milli...

#BITCOIN #BTC #CRYPTOCURRENCY #MicroStrategy #NEWS

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June 14, 2021

Ripple Rebounds as Market Sentiment Turns Bullish

Ripple (XRP) has regained some bullish traction over the past 24 hours, as the broader market sentiment lightens up on Monday. Market sentiment got a boost yesterday from a recent tweet from Elon Musk, despite warnings from hacker group Anonymous. Musk tweeted that his company (Tesla) recently sold...

#CRYPTOCURRENCY #NEWS #RIPPLE #XRP

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June 13, 2021

Bitcoin Market Analysis: Market Stalls Following Weekend Slide

After suffering a plunge yesterday, Bitcoin (BTC) appears to have fallen into consolidation between $35k and $36k, as altcoins follow in a similar movement. The benchmark cryptocurrency began the weekend in an upbeat tone following the adoption news from El Salvador and hints from Paraguay, India, ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

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