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Max Kaiser

Max Kaiser predicted Bitcoin's rise to $220,000

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Max Kaiser, TV presenter and founder of Heisenberg Capital, expects the price of bitcoin to rise by 500% in the second half of 2021 to reach $ 220,000, according to Scott Melker's The Wolf Of All Streets podcast. In his opinion, the inflation of the US dollar stimulates the strengthening of the...

Ireland

Central Bank of Ireland opposed Bitcoin

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At the end of last week, the head of the Central Bank of Japan, Haruhiko Kuroda, criticized bitcoin and called it a speculative instrument. Before this, the cryptocurrency was attacked by the leaders of the Central Banks of Canada, Great Britain, and several other countries. Now they are joined by...

ADA

Cardano knocks out Binance Coin from the top three altcoins

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Over the past seven days, the value of the Cardano cryptocurrency (ADA) has risen by more than 11%. In terms of capitalization, this coin has already bypassed Binance Coin (BNB) and knocked it out of the top three altcoins. Crypto capitalization is now just over $ 52.123 billion. The ascent began...

BTC decline in May

Bitcoin Saw One of Its Greatest Declines in May 2021

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In May Bitcoin's price saw a 36% decline, which is the worst drop after November 2018. The cryptocurrency was traded at around $58.000 at the beginning of May and closed the month with a price of about $37.000. Data shows that 47% fall happened from 14 May to 20 resulted in $14.2 billion...

Argentina crypto mining

BTC Mining Expands in Argentina Due to Cheap Energy

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Affordable government-supported power supply in Argentina opens more BTC mining opportunities allowing to mine from home. Generally, BTC mining is growing in places with low utility prices as it brings more income. As for Argentina, experts say the new policy adopted by the government can be used...

Scam

Australian nurse lost all savings due to cryptocurrency scam

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A Sydney resident spoke about the loss of all her savings due to a fraudulent cryptocurrency scheme. She announced this on the air of the local radio station 2GB. A woman who has worked as a nurse all her life saw an advertisement offering to invest in bitcoin on the Internet. The project was...

Japanese Financial Services Agency

Japanese regulator issues warning to Bybit exchange

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The Japanese Financial Services Agency (FSA) has issued a warning to the crypto exchange Bybit for performing without a license. The regulator did not specify whether it plans to make any claims to the trading platform. In February 2021, Bybit received a similar warning from the UK Financial...

Bitcoin

Monthly trading volume on BTC exchanges exceeded $2 trillion

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In May 2021, the trading volume on crypto exchanges reached a record high of $ 2.27 trillion. The Binance trading platform is ranked #1 in the crypto-to-crypto segment (the main exchange does not offer USD trading). Trading volume in May - $1.5 trillion. Bitcoin exchange Coinbase leads the...

Ethereum

Ethereum developers found vulnerability in EIP-1559

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Ethereum developers have identified a vulnerability in the EIP-1559 project that could lead to network congestion. This was told by the participant of the Ethereum Foundation Tim Beiko. The EIP-1559, presented in 2018, involves the burning of some of the transaction fees and helps to reduce the...

China OTC trading crypto

After Stricter Regulations in China, Traders Turn to OTCs

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While the Chinese government takes measures to regulate the crypto industry, traders find the solution via OTC (over-the-counter) desks. As reported by Bloomberg, after China announced the latest crackdown, there has been a huge uptick in OTC service usage. Trading crypto isn't allowed in the...

SEC vs Ripple decision May

The SEC's Request to Access Ripple's Legal Concerns Refused

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SEC vs Ripple lawsuit is in the process. On May 30, another decision on the case was published, where the US Magistrate Judge Sarah Netburn announced denying the SEC's request to access Ripple Lab's legal counsel records. The government agency found the step would bring more clarification. Per the...

Bank of Canada

Bank of Canada promises its token will be cleaner than BTC

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The Central Bank of Canada has no plans to launch a CBDC yet. However, the deputy head of the Central Bank Timothy Lane has already promised that the regulator’s token will be much more environmentally friendly than bitcoin. If the largest cryptocurrency causes huge harm to the environment and is...

Joe Biden crypto regulation

Joe Biden's 2022 Budget Proposal Defines New Crypto Rules

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The White House released a new document on the US budget government. There are offers for changes concerning crypto regulations. The budget was issued on May 28. It is the first one introduced by Joe Biden's presidency. Two crypto points included in the paper define to provide more information to...

Haruhiko Kuroda

The head of the Bank of Japan criticized bitcoin

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Many central bankers have been criticizing bitcoin a lot lately. This week, the head of the Bank of Denmark generally stated that BTC is an insignificant instrument that does not have any impact on the financial sector. Therefore, credit institutions shouldn't work with cryptocurrency at all. The...

Todd Morley

Guggenheim co-founder calls Ether more useful than Bitcoin

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The second-largest cryptocurrency in terms of capitalization is much more useful than bitcoin thanks to the presence of smart contracts, said Todd Morley, co-founder of Guggenheim Partners and head of the Overline blockchain project. Another distinguishing feature of Ethereum, Morley called the...

Nebraska

Nebraska authorities allow banks to store cryptocurrency

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Nebraska Governor Pete Ricketts has signed a bill allowing local banks to hold cryptocurrency. The document was developed by Republican Senator Mike Flood in cooperation with Telcoin. It involves the creation of a new state banking charter focused on financial services backed by digital assets. The...

Apple

Apple has a new vacancy for an expert with crypto background

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Apple has opened the position of a business development manager with five years of practice in the crypto sphere, who will manage the affiliate program in the segment of "alternative payments." According to the vacancy, the candidate is expected to have experience of working "with...

Ripple SEC

Ripple's Going Public After the SEC's Lawsuit, the CEO Says

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In a recent meeting, Ripple CEO Brad Garlinghouse stated the firm aims to go public when the SEC's lawsuit will be over. The legal actions started in December 2020, when the SEC started a $1.3 billion lawsuit against Ripple claiming XRP, the cryptocurrency developed by the company is security. The...

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