Tether reveals stablecoin plans for GB Pound June 22, 2022 Hong Kong-based Tether has revealed it will launch a British Pound Sterling form of its stablecoin, pegged to the pound.
Odds slashed on Bitcoin ending 2022 below $20,000 June 22, 2022 As the recent dip in Bitcoin's form continues to bite, bookmakers are looking to cash in on the price of the flagship cryptocurrency.
Sam Bankman-Fried offers money to affected crypto platforms amidst downturn June 22, 2022 FTX CEO Sam Bankman-Fried is helping out crypto companies hit by the crash with monetary aid. FTX, one of the world’s biggest crypto exchanges, signed a $250m (£204m) revolving line of credit to crypto lending platform BlockFi, both companies announced on Tuesday. “We take our duty seriously to protect the digital asset ecosystem and its [...]
Stock markets look weak as price of Bitcoin fights to stay above $20,000 June 22, 2022 The price of Bitcoin saw a drop overnight and is down five per cent this morning, holding just above $20k.
1 Minute Market Rundown – 22nd June 2022 June 22, 2022 Powell in Focus Later TodayUK Inflation Prints as Expected But Still Very HighJPY Hits 24 Year Lows Risk did rally yesterday as suspected with the S&P posting a 2% gain over the day. Correspondingly, the USD sold off against both the EUR and GBP. Something to note is that the USD did not back off [...]
Dogecoin increasingly connected to illicit activity, new report alleges June 21, 2022 Cryptocurrency Dogecoin is increasingly being connected to illicit activity like terrorism financing and child sex abuse, according to a new study. Blockchain analytics firm Elliptic, who authored the report, claimed it had found evidence to suggest that the popular meme token was being used by illicit actors as payment for illegal activity. Dogecoin was accepted as payment [...]
Young footballers ‘risking most of their wages on crypto’ prompts growing concerns June 21, 2022 Football has a “big problem” with young players risking the majority of their pay on cryptocurrencies, says a leading financial adviser to the sports industry. Players are being sucked in by social media content that ignores the major risks of investing in crypto, says Ben Smith, a partner at FLM. “I have seen lots of [...]
How luxury goods brands are embracing blockchain June 21, 2022 Protokol chief Lars Rensing examines why the luxury goods market is throwing its hat into the blockchain ring.
Musk, Tesla, SpaceX sued for alleged Dogecoin pyramid scheme… it’s all so depressingly predictable: June 21, 2022 Crypto AM columnist Nigel Green is disappointed at the predictability of Elon Musk being sued over his 'Dogecoin mischief'.
1 Minute Market Rundown – 21st June 2022 June 21, 2022 US Bank Holiday Quietens the MarketCrypto and Risk Markets Hold InCommodity Prices Begin to Rollover It took it being a US bank holiday but we finally had a quiet day, hallelujah! Equity futures, which were open, pointed higher and as such we saw a pause in the risk sell off. The USD continued to give [...]