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2022-06-22 13:13:31 The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said.

Ukraine Government Sells Donated Cryptopunk Token for 90 ETH
Ukrainian authorities have raised over $100,000 from the sale of a Cryptopunk non-fungible token (NFT), Minister of Digital Transformation Mykhailo Fedorov and his deputy, Alexander Bornyakov, announced on social media. The unique collectible was acquired by an unknown investor for 90 ethers (ETH).

Breaking news on crypto donations:...

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2022-06-22 10:34:10 In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human emotions.” According to Touadéra, the country’s future generations are likely to applaud his government for “choosing the right path during hard times.”

Bitcoin Adoption Beneficial for Future Generations
In remarks that appear to be directed at critics of the Central African Republic (CAR)’s decision to adopt bitcoin as its currency of reference, President Faustin-Archange Touadéra, recently reiterated his country’s unwavering belief in the top cryptocurrency. He suggested to his followers that the CAR’s adoption of bitcoin is set to benefit the country’...

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2022-06-22 08:47:56 Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to Pavel Durov, CEO of the company.

Telegram’s New Premium Tier to Expand User Functionality
Telegram, one of the most popular messaging apps in cryptocurrency circles, has announced it will introduce a paid premium tier of its services that will allow its users to access new features and expand upon some that are already available. The move comes as the company seeks to monetize a good part of its userbase, which recently reached a milesto...

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2022-06-22 02:32:47 Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession.

Elon Musk on Crypto Investing
Tesla CEO Elon Musk shared his thoughts on a wide range of topics in an interview with Bloomberg News’ John Micklethwait at the Qatar Economic Forum Tuesday.

Crypto investing was among the topics discussed. Musk was asked whether he thinks people should still invest in cryptocurrency given the market downtown. The Tesla CEO clarified that he has never recommended that people buy cryptocurrency, stating:

I have never said that people should invest in crypto. In the case of Tesla, Spacex, myself, we all did buy some bitcoin...

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2022-06-22 01:01:43 The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered.

Bank of Spain Crypto Registry Reaches 17 Companies
The registry of virtual asset service providers (VASPs) of the Bank of Spain reached a number of 17 companies last week, with the inclusion of three more crypto businesses. The registry added several exchanges and custody companies June, including Jobchain España, Jobchain Austria, Criptan Trade, Eurocoin Broker, Lemacoin Crypto Solutions, B...

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2022-06-21 23:20:52 The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.”

Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle With 2022’s Market Volatility

It’s been a rough year for crypto lenders due to digital assets losing significant value over the last few months. One lender, Celsius, has been accused of being insolvent and last week it paused withdrawals.
In 2021, U.S. securities regulators from various states sent cease and desi...

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2022-06-21 21:45:26 Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015. While many have dismissed the ruble’s exchange rate, Charles Lichfield, the Atlantic Council’s Geoeconomics Center deputy director, published an editorial called: “Don’t ignore the exchange rate: How a strong ruble can shield Russia.”

Russia’s Ruble Climbs Higher — Report Says ‘Putin Is Having the Last Laugh’
The financial sanctions against Russia are seemingly not affecting the transcontinental country as much as Western media has portrayed during the past few months. On Monday, the...

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2022-06-21 20:21:51 SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12.

Shiba Inu (SHIB)
SHIB was once again in the green on Tuesday, as it continued to move away from this weekend’s lows.

Over the weekend, SHIB/USD fell to an intraday low of $0.00000707, which was its lowest point since October 2021.

Since then, prices have picked up momentum, and today saw prices hit an intraday peak of $0.000009556.

This is the most the meme coin has traded at since June 12, and comes as bulls are attempting to recapture a key resistance point.

Looking at the chart, this ceiling appears to be the $0.00001135 point, which hasn’t seen a true breakout since early May.

Overall sentiment in SHIB seems to have tu...

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2022-06-21 17:26:13 Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to today’s valuation of around $5.09 billion. During that time frame, monero lost 48% in value while zcash shed 56% against the U.S. dollar.

Privacy Coin Economy Sheds Billions Since End of April
The top five privacy crypto coins monero (XMR), zcash (ZEC), decred (DCR), nucypher (NU), and horizen (ZEN) have lost significant value during the last two months. On April 28, 2022, archived data shows that the top privacy crypto assets by market capitalization were valued at $10.7 billion.

Since then, the entire lot of privacy-centric tokens lost 54% over a 54-day period. XMR exchanged hands for $22...

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2022-06-21 17:26:12 Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market.

Bitcoin
BTC was trading higher for a second consecutive session on Tuesday, as markets continued to move away from recent lows.

Prices hit an intraday peak of $21,387.65 earlier in today’s session, less than a day after trading at a low of $19,905.48.

Today’s surge in price sees BTC/USD rise for back-to-back sessions for the first time since earlier in the month.

Bulls have re-entered the market with relative force in the last f...

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