In places where crypto has no solid legal framework, self-regulatory organizations act as a ladder for crypto companies to evolve.
Month: June 2022
Bitcoin miners say NY ban will be ineffective and ‘isolate’ the state
Miners feel that the New York legislature’s efforts to get Bitcoin miners out of their state will backfire in the long run as other states […]
Yellen doubts crypto’s place in 401(k), says Congress could regulate
A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”
Swedish central bankers snipe Bitcoin mining, cite rampant energy use
A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react.
LUNA2 traders are increasingly short despite 67.5% rally, $4 million liquidated
Downside pressure for Terraform Labs’ LUNA2 mounts amid investigations and rumors from a “Terra insider.”
Ocean Protocol, Helium and Chainlink post monthly gains while Bitcoin price consolidates
Roadmap and protocol upgrades are a few of the factors behind the month-long rally in LINK, OCEAN and HNT.
$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help.
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October.
Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest.
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge.