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SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO June 25, 2021
Robinhood had initially hoped to begin its public offering after American investors returned from the July 4 holidays. Major cryptocurrency and stock trading app Robinhood is reportedly struggling to move forward with its initial public offering due to an ongoing review from securities regulators.According to a Thursday report by Bloomberg, the United States Securities and […]
Helen Partz
Institutions have no appetite for Bitcoin at this price level: JPMorgan June 25, 2021
JPMorgan does not expect a bull run for Bitcoin over the medium term based on the BTC-to-gold volatility ratio. As Bitcoin (BTC) price failed to hold its breath above the $35,000 yesterday, JPMorgan expects an overall bearish movement below the critical price level based on the BTC-to-gold volatility ratio. In a note sent to investors on […]
Erhan Kahraman
World's first Bitcoin ETF adds $3M per day throughout BTC price dip June 25, 2021
The Purpose Bitcoin ETF now has over 21,000 BTC under management as the United States continues regulatory scrutiny. The world’s first regulated Bitcoin (BTC) exchange-traded fund (ETF) actually benefited from the recent price dip, data shows.As on-chain analytics service Glassnode noted on June 24, the Purpose Bitcoin ETF continued to add to its assets under […]
William Suberg
Rapper The Game facing $12M judgment along with execs in ICO case June 25, 2021
The Game is facing a $12 million judgment for his role in an allegedly unregistered initial coin offering. Los Angeles-based rapper The Game, also known as Jayceon Taylor, is facing a $12 million judgment for his role in Paragon Coin Inc — a crypto firm alleged to have engaged in an unregistered initial coin offering […]
Brian Quarmby
El Salvador to airdrop $30 in Bitcoin to every adult citizen June 25, 2021
Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC. The president of El Salvador has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country.The announcement was welcomed by Bitcoiners, with influencers speculating El Salvador’s government […]
Samuel Haig
Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2 June 25, 2021
The Ethereum community is anxiously awaiting the mainnet launch of EIP-1559. Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet.Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan testnets at roughly weekly intervals — from […]
Samuel Haig
Beeple launches iconic 'moments' NFT platform with Time, Universal, and Warner June 25, 2021
The platform will host the sale of tokens depicting historic moments in sport, politics, and fashion. Pioneering digital artist Mike Winkelmann— better known as Beeple — has helped launch We.new, a platform selling iconic moments in sports, politics, art, and fashion as non-fungible tokens (NFTs). The platform is backed by industry giants from the world […]
Samuel Edwards
Bulls on parade: Galaxy Digital and Alameda pundits tip market recovery June 25, 2021
Jason Urban, co-head of Galaxy Digital Trading thinks institutional adoption of crypto is in its early days and predicts BTC is set to reach new all-time highs once the FUD dissipates. Senior traders from Galaxy Digital and Alameda Research are predicting the crypto market is set to recover once the recent wave of bad news […]
Brian Quarmby
Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador June 25, 2021
Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout. U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed.The rollout will start small, trialing a few dozen machines to establish a business model. The Chicago headquartered firm […]
Martin Young
PlanB feeling 'uneasy' as 41% of his followers tip $100K BTC won’t happen this year June 25, 2021
It’s make or break time for S2F as BTC teeters on the bounds of the famous model. PlanB, the brainchild behind the Bitcoin stock-to-flow model, has revealed he is feeling “uneasy” about his renowned price predictions due to the recent downtrend in markets.The stock-to-flow (S2F) model, which has predicted BTC prices with some degree of […]
Martin Young