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ALL From Cryptocurrency

Bitcoin Bulls Prepare for Potential Seasonal Surge as Matrixport Predicts Rally to $35,000

June 28 (Cointime) - Bitcoin is currently hovering above $30,000 after a recent dip from its 12-month high of over $31,000. Investors are anticipating a seasonal surge in Bitcoin price, as the cryptocurrency has historically performed well in July. Matrixport predicts a rally to $35,000, but warns of a possible pullback to $30,000 before the next spike.
NFT

DigiToads and MetaBlaze Lead the Way in NFT Drops with Unique Offerings and Innovative Tokenomics

June 28 (Cointime) - DigiToads and MetaBlaze are leading the trend of non-fungible tokens (NFTs) in the cryptocurrency world, with their highly anticipated NFT drops attracting significant attention from crypto enthusiasts. DigiToads offers a gaming experience and unique toad NFTs, while MetaBlaze integrates AI technology to introduce the industry's first-ever AI MetaChip NFT.

Paradigm Co-Founder : Paradigm has never been more Dedicated to Crypto

June 28 (Cointime) -Paradigm co-founder Matt says remains a strong supporter of the cryptocurrency space and is also continuing to invest in projects at all stages to help them continue to move forward. There seems to be a trend towards zero-sum competition between cryptocurrencies and artificial intelligence, but we don't buy it.

Law Commission Recommends Tailored Framework for Crypto Collateral in UK

June 27 (Cointime) - The Law Commission funded by the Ministry of Justice has recommended that the UK create a bespoke statutory legal framework for using cryptocurrency as collateral, which goes beyond existing regulations for traditional finance.

Israeli Government Seizes Millions in Cryptocurrency From Hezbollah and Iran’s Quds Force

June 27 (Cointime) - The Israeli government has confiscated millions of dollars worth of cryptocurrency from accounts linked to the Quds Force and Hezbollah. Defense Minister Yoav Gallant ordered the seizure of the digital wallets and transfer of funds to the Israeli government, in the first operation of its kind against the two terrorist organizations.

Jack Dorsey questions Apple CEO on lack of Bitcoin support in Apple Pay

June 27 (Cointime) - Jack Dorsey, the CEO of Block, a Bitcoin-focused financial services company, has questioned why Apple does not support Bitcoin on its mobile payment service, Apple Pay.

Dormant Dogecoin Address Containing Over 2 Million Coins Activated After Nearly a Decade, Sparking Speculation

June 27 (Cointime) - On Tuesday, a previously inactive address containing over two million Dogecoins worth $131,178 was activated, causing speculation among crypto enthusiasts.

Zug, Switzerland Ranked Highest Overall in CoinDesk's Crypto Hubs 2023 Rubric

June 27 (Cointime) - Zug, Switzerland has been ranked as the top location for cryptocurrency-related companies and events, as well as having a favorable regulatory structure and high quality of life, according to CoinDesk's Crypto Hubs 2023 rubric. Known as "Crypto Valley" and the birthplace of Ethereum, Zug is an attractive location for crypto start-ups due to its clear regulatory framework.

Australian Banks Show No Signs of Backing Down Against Crypto Scams

June 27 (Cointime) - The Australian government and major banks are unlikely to back down on their restrictions against cryptocurrency due to the high rate of scams associated with it. Commonwealth Bank's managing director of blockchain and digital assets, Sophie Gilder, revealed that one in three dollars scammed from Australians involve cryptocurrency. The bank's restrictions on crypto exchange payments were put in place to reduce the impact of scams on customers. The Australian Treasury and banks share the view that cryptocurrency scams are unacceptably high and need to be reduced to maintain trust in the financial system.

Two Whale Wallets Move $3 Million in Bitcoin After 13 Years of Inactivity

June 27 (Cointime) - According to Decrypt, More than $3 million worth of Bitcoin just moved after 13 years of dormancy. Two wallets holding 50 BTC each, mined back in 2010, were moved to different wallets.