Month: June 2021
Top Articles from Godfrey
crypto tether china
Bitcoin News
crypto tether china
Bitcoin News

People’s Bank of China (PBoC) Instructs Financial Institutions to Clampdown on Crypto

People’s Bank of China (PBoC) has instructed all financial institutions in the country to help effect the clampdown on cryptocurrency engagements. According to a Reuters report, the apex bank said it recently summoned all financial institutions to intensify the way they prevent cryptocurrency trading. Per the report, the PBoC urged these institutions to cut payment

People’s Bank of China (PBoC) has instructed all financial institutions in the country to help effect the clampdown on cryptocurrency engagements. According to a Reuters report, the apex bank said it recently summoned all financial institutions to intensify the way they prevent cryptocurrency trading. Per the report, the PBoC urged these institutions to cut payment

utu x ocean protocol
Press Release
utu x ocean protocol
Press Release

UTU and Ocean Protocol Partner to Enhance Trust in the Data Economy

Nairobi, Kenya, June 21, 2021 – UTU, a decentralized trust infrastructure provider building new models of digital trust via artificial intelligence and blockchain, has partnered with Ocean Protocol to launch its trust infrastructure on the Ocean Market data marketplace, and explore ways to share data. Ocean Protocol is an ecosystem that unlocks the value of

Nairobi, Kenya, June 21, 2021 – UTU, a decentralized trust infrastructure provider building new models of digital trust via artificial intelligence and blockchain, has partnered with Ocean Protocol to launch its trust infrastructure on the Ocean Market data marketplace, and explore ways to share data. Ocean Protocol is an ecosystem that unlocks the value of

Microstrategy
Bitcoin News
Microstrategy
Bitcoin News

Breaking: MicroStrategy Purchases Additional 13,005 Bitcoins Worth $489 Million

The Nasdaq-listed software company, MicroStrategy Incorporated has purchased an additional 13,005 units of Bitcoin (BTC) to cushion its already robust BTC reserves. As shared on his official Twitter handle, the company’s CEO, Michael Saylor revealed that the latest purchase is valued at approximately $489 million in cash at an average bitcoin price of about $37,617. 

The Nasdaq-listed software company, MicroStrategy Incorporated has purchased an additional 13,005 units of Bitcoin (BTC) to cushion its already robust BTC reserves. As shared on his official Twitter handle, the company’s CEO, Michael Saylor revealed that the latest purchase is valued at approximately $489 million in cash at an average bitcoin price of about $37,617. 

Ethereum Virtual Machine (EVM)
Blockchain News
Ethereum Virtual Machine (EVM)
Blockchain News

What Are Virtual Machines and How Do They Add Value to The Crypto Ecosystem?

Virtual machines are a fundamental pillar of computing ecosystems, dating as early as the 1960s. They were invented as an emulation/virtualization of computer ecosystems. Simply put, virtual machines can provide the functionality of a computer by leveraging specialized software, hardware or combining both. These computer emulations support the functionality needed to run operating systems or

Virtual machines are a fundamental pillar of computing ecosystems, dating as early as the 1960s. They were invented as an emulation/virtualization of computer ecosystems. Simply put, virtual machines can provide the functionality of a computer by leveraging specialized software, hardware or combining both. These computer emulations support the functionality needed to run operating systems or

Bitcoin News
Bitcoin News

What if Michael Burry is Right? BTC Price Confirms “Death Cross” Formation

Popular hedge fund manager Micahel Burry, who correctly predicted the 2008 financial crisis beforehand, has now predicted the “mother of all crashes”. Burry has been vocal about the latest developments in the crypto space along with his views on the global macroeconomic situation. Last Thursday, the founder of Scion Asset Management said: “All hype/speculation is

Popular hedge fund manager Micahel Burry, who correctly predicted the 2008 financial crisis beforehand, has now predicted the “mother of all crashes”. Burry has been vocal about the latest developments in the crypto space along with his views on the global macroeconomic situation. Last Thursday, the founder of Scion Asset Management said: “All hype/speculation is

PBOC
Altcoin News
PBOC
Altcoin News

Bitcoin Price Dips Again; Is Michael Burry Right Or Just Another Chinese FUD?

Bitcoin price is taking a dip again as it crashed to $32,000 over fears of Chinese Central Bank denying any kind of banking and payment services access to crypto establishments. Also, the predictions made by “the big short” fame Michael Burry about the greatest stock bubble burst ever seems to be playing out as S&P

Bitcoin price is taking a dip again as it crashed to $32,000 over fears of Chinese Central Bank denying any kind of banking and payment services access to crypto establishments. Also, the predictions made by “the big short” fame Michael Burry about the greatest stock bubble burst ever seems to be playing out as S&P

PBOC
Bitcoin News
PBOC
Bitcoin News

Agriculture Bank of China Suspends Crypto-Related Transactions and Activities

Agriculture Bank of China, the third-largest banking institution of the Asia economic giant, has suspended crypto transactions and related activities. The banking giant released a statement earlier today and asked all its customers to refrain from such activities. Agricultural Bank of China issued a notice that they will not participate in virtual currency transactions and

Agriculture Bank of China, the third-largest banking institution of the Asia economic giant, has suspended crypto transactions and related activities. The banking giant released a statement earlier today and asked all its customers to refrain from such activities. Agricultural Bank of China issued a notice that they will not participate in virtual currency transactions and

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin (BTC) Slips Another 8% With 75% Long Positions Getting Liquidated In Last One Hour

Bitcoin (BTC) is down another 8% today with its price slipping under $33,000 as the world’s largest cryptocurrency continues to lose strength. The latest price crash comes as long positions worth nearly 1000 BTC have been liquidated over the past hours. Citing data from on-chain data provider CryptoQuant, Chinese crypto-journalist Colin Wu reported: “CryptoQuant data

Bitcoin (BTC) is down another 8% today with its price slipping under $33,000 as the world’s largest cryptocurrency continues to lose strength. The latest price crash comes as long positions worth nearly 1000 BTC have been liquidated over the past hours. Citing data from on-chain data provider CryptoQuant, Chinese crypto-journalist Colin Wu reported: “CryptoQuant data

dogecoin
Altcoin News
dogecoin
Altcoin News

Dogecoin, Polkadot Price Analysis: June 19, 2021

Dogecoin plunges toward $0.24 amid another crypto selloff. Polkadot slides under $20 as declines to $14.5 loom. The cryptocurrency market is like a sea of bloody waters after losses ensued during the weekend session. Stability has been ousted from the market, hinting at continued widespread retracements. Bitcoin is heading back to the support at $33,000

Dogecoin plunges toward $0.24 amid another crypto selloff. Polkadot slides under $20 as declines to $14.5 loom. The cryptocurrency market is like a sea of bloody waters after losses ensued during the weekend session. Stability has been ousted from the market, hinting at continued widespread retracements. Bitcoin is heading back to the support at $33,000

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Prediction: BTC profoundly bleeds while recovery decelerates at $36,000

Bitcoin dived to $33,000 during the weekend session, pulling the entire market down with it. Recovery has delayed at $36,000, sending BTC bulls back to the drawing board. Bitcoin moved further away from $40,000 during the weekend session. The support anticipated at $36,000 did little to stop the losses as Bitcoin stretched the bearish leg

Bitcoin dived to $33,000 during the weekend session, pulling the entire market down with it. Recovery has delayed at $36,000, sending BTC bulls back to the drawing board. Bitcoin moved further away from $40,000 during the weekend session. The support anticipated at $36,000 did little to stop the losses as Bitcoin stretched the bearish leg

News
News

ECB Executive Says Digital Euro Will Protect EU from the Threat of Other Crypto

Speaking to the Financial Times on Sunday, June 20, Fabio Panetta, an executive board member at the European Central Bank, admitted that having a Digital Euro is a must for the European Union to combat the “threats” from other cryptocurrencies. Panetta’s comments come just at a time when the global acceptance of cryptocurrencies is on

Speaking to the Financial Times on Sunday, June 20, Fabio Panetta, an executive board member at the European Central Bank, admitted that having a Digital Euro is a must for the European Union to combat the “threats” from other cryptocurrencies. Panetta’s comments come just at a time when the global acceptance of cryptocurrencies is on

Cryptomarket
Altcoin News
Cryptomarket
Altcoin News

Market Update: Crypto Market Tanks Under $1.4 Trillion, BTC Down 7%, ETH Down By 9%

It’s not a pleasant Sunday for crypto investors as there’s a fresh bloodbath all over the Satoshi Streets. The overall cryptocurrency market is down 8.39% slipping under $1.4 trillion as of writing this story. The world’s largest cryptocurrency is down 7% and is currently trading at $34,632 with a market cap of $629 billion. Bitcoin

It’s not a pleasant Sunday for crypto investors as there’s a fresh bloodbath all over the Satoshi Streets. The overall cryptocurrency market is down 8.39% slipping under $1.4 trillion as of writing this story. The world’s largest cryptocurrency is down 7% and is currently trading at $34,632 with a market cap of $629 billion. Bitcoin

Bitcoin News
Bitcoin News

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

China’s latest ban and crackdown on local crypto mining operations has been a nightmare for several Chinese operators. On Saturday, June 19, the Chinese authorities targeted the Sichuan province asking local government bodies to investigate and shut down Bitcoin mining operations. This has resulted in a severe drop in the BTC hashrate of Chinese mining

China’s latest ban and crackdown on local crypto mining operations has been a nightmare for several Chinese operators. On Saturday, June 19, the Chinese authorities targeted the Sichuan province asking local government bodies to investigate and shut down Bitcoin mining operations. This has resulted in a severe drop in the BTC hashrate of Chinese mining

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Showing Bearish Downtrend Despite On-chain Metrics Indicating Favorable Network Conditions

The price of Bitcoin (BTC) has continued to drop as the premier cryptocurrency stays afloat a price well below its 7-day high of $41,295.27. At present, BTC is down 5.21% to $35,952.61 according to CoinMarketCap, a bearish positioning that negates the current favorable conditions of the Bitcoin blockchain. Since the price of Bitcoin began retracing

The price of Bitcoin (BTC) has continued to drop as the premier cryptocurrency stays afloat a price well below its 7-day high of $41,295.27. At present, BTC is down 5.21% to $35,952.61 according to CoinMarketCap, a bearish positioning that negates the current favorable conditions of the Bitcoin blockchain. Since the price of Bitcoin began retracing

ethereum
Altcoin News
ethereum
Altcoin News

Ethereum Transaction Fees Continues to Drop, Now at a 5-month Low

The average transaction fee on the Ethereum blockchain has continued on its downward descent, amid growing demand for decentralized finance (DeFi) products. According to current Glassnode data, the Ethereum mean fee paid based on a 7-day Moving Average just reached a 5-month low of $3.95.  The gas fees associated with blockchain networks are a small

The average transaction fee on the Ethereum blockchain has continued on its downward descent, amid growing demand for decentralized finance (DeFi) products. According to current Glassnode data, the Ethereum mean fee paid based on a 7-day Moving Average just reached a 5-month low of $3.95.  The gas fees associated with blockchain networks are a small

News
News

Chinese Authorities Order Sichuan-based Crypto Miners to Shut Down Operations

On Friday, June 18, Chinese authorities intensified their crackdown on crypto mining activities in the Southwestern Sichuan province. The authorities issued the notice to local miners to shut down their operations on an immediate basis. As reported by Reuters, the joint notice came from The Sichuan Provincial Development and Reform Commission, and the Sichuan Energy

On Friday, June 18, Chinese authorities intensified their crackdown on crypto mining activities in the Southwestern Sichuan province. The authorities issued the notice to local miners to shut down their operations on an immediate basis. As reported by Reuters, the joint notice came from The Sichuan Provincial Development and Reform Commission, and the Sichuan Energy

Trading Techniques
Bitcoin News
Trading Techniques
Bitcoin News

Bitcoin (BTC) Is At A Major Downside Risk If the Equity Market Corrects Predicts Analyst

The world’s largest cryptocurrency Bitcoin (BTC) continues to trade sideways after failing to hold above $40,000 levels. At press time, Bitcoin (BTC) is down 7.5% trading at $35,274 with a market cap of $658 billion. The Bitcoin indicators and on-chain metrics are dodgy at this point giving a tough time for analysts. Popular Bitcoin analyst

The world’s largest cryptocurrency Bitcoin (BTC) continues to trade sideways after failing to hold above $40,000 levels. At press time, Bitcoin (BTC) is down 7.5% trading at $35,274 with a market cap of $658 billion. The Bitcoin indicators and on-chain metrics are dodgy at this point giving a tough time for analysts. Popular Bitcoin analyst

crypto Miner Miami
Bitcoin News
crypto Miner Miami
Bitcoin News

BTC Hashrate Drops to Lowest in 2021, North America All Set to Become New Crypto Mining Hub

China’s crackdown on crypto does not seem to end. In a fresh report today Sichuan province of China issued an official statement ordering all the power generation companies to stop power supply to crypto miners effective from 25th June 2020. Meanwhile, North American states are planning to grab this opportunity by both hands and become

China’s crackdown on crypto does not seem to end. In a fresh report today Sichuan province of China issued an official statement ordering all the power generation companies to stop power supply to crypto miners effective from 25th June 2020. Meanwhile, North American states are planning to grab this opportunity by both hands and become

goldman sachs
Bitcoin News
goldman sachs
Bitcoin News

Just-In: Goldman Sachs Becomes First Major US Bank to Trade Bitcoin Futures

As reporter by CNBC sources Goldman Sachs has started trading Bitcoin Futures in partnership with Mike Novogratz’s Galaxy Digital. The news is big as it opens doors to Bitcoin trading for major banking clients like hedge funds, pensions, family businesses etc. How Will it Boost Institutional Adoption? Banking support is very crucial for Bitcoin’s adoption

As reporter by CNBC sources Goldman Sachs has started trading Bitcoin Futures in partnership with Mike Novogratz’s Galaxy Digital. The news is big as it opens doors to Bitcoin trading for major banking clients like hedge funds, pensions, family businesses etc. How Will it Boost Institutional Adoption? Banking support is very crucial for Bitcoin’s adoption

Binamon BSC
Press Release
Binamon BSC
Press Release

Binamon’s Monster Metaverse Tops ERC-721 Transactions on Binance Smart Chain

19th June 2021, Tallinn, Estonia: Gamers can enjoy fighting their unique virtual creatures leveraging Binance Smart Chain blockchain and reap rewards as their dragons, hippogriffs, unicorns and other monsters win battles that are easy and fun at the same time. In 48 hours, Binamon became the ERC-721 token with the most operations on the Binance

19th June 2021, Tallinn, Estonia: Gamers can enjoy fighting their unique virtual creatures leveraging Binance Smart Chain blockchain and reap rewards as their dragons, hippogriffs, unicorns and other monsters win battles that are easy and fun at the same time. In 48 hours, Binamon became the ERC-721 token with the most operations on the Binance