Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move. The sharp fall in cryptocurrencies has pulled the total crypto market capitalization below $900 billion. According …
Russia seems to be preparing to mine Bitcoin with flare gas
One of the world’s largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining. The Russian government continues to establish links with major players in the …
XRP price technical breakdown boosts chances of a 40% drop by July
XRP’s bearish outlook is driven by a mix of technical and fundamental factors that could see its price drop to $0.18 next. Ripple (XRP) price stares at potential losses in the coming weeks as it breaks out of a “descending triangle” …
US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States,” said the group of 14 lawmakers. A group of 14 United States senators and House representatives have signed a letter to the Environmental …
Tether’s USDT market cap dips below $70B for an 8-month low
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been growing notably, with the market value surging to $55 billion. Tether (USDT), the biggest stablecoin and the third-largest digital currency by market capitalization continues …
Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto
SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together. The crypto sector may be maturing, but regulatory clarity around the treatment of digital …
UAE launches the world’s most expensive modern postage stamp
UAE has made blockchain technology a key focus for its future strategies and currently building a decentralized ecosystem to make it a global blockchain hub. The United Arab Emirates has launched the world’s most expensive modern postage stamp to celebrate …
Crypto’s uses and misuses: Binance–Reuters quarrel raises questions
Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector? Crypto exchange Binance has courted controversy almost since its 2017 beginnings, and five years later, the dustups continue. On June …
Bitcoin whale support lines up as trader says $14K ‘most bearish’ BTC price target
$20,000 is being keenly watched while big buys from 2020 stand between spot price and the lowest Bitcoin bottom estimates. Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level. …
NFT.NYC expecting ‘diverse and eclectic audience’ to drive utility narrative of NFTs
The co-founder and vice president of growth at NFT.NYC shared insights into its community-first values and ethos. NFT.NYC, one of the largest nonfungible token events, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs …