Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.
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PayPal reportedly looks to take on Robinhood with stock trading
PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. 707 Total views 5 Total shares American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year.PayPal is looking to buy or partner with a broker-dealer to…

Shell Invests in Blockchain-Based Energy Startup
Shell, the world’s fifth largest oil and gas firm, has invested in a blockchain-based energy startup, Forbes reports on July 10.The European oil and gas giant has invested an undisclosed amount in New York-based LO3, whose Exergy platform tracks energy with blockchain technology.The recent investment in LO3 marks Shell’s fourth public investment in blockchain-related firms,…

Focus on USDT and DeFi as 5-Year Anniversary of Ethereum Approaches
Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts. 1707 Total views 25 Total shares Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary…

Terraform, Do Kwon to reach fraud settlement with SEC
Terraform Labs and CEO Do Kwon are finalizing a settlement with the SEC. Both parties are expected to submit the final terms for court approval by mid-June.

Vietnamese police foil $1M crypto scam, protect 300 potential victims
Vietnamese police thwarted a crypto scam that has already taken in $1.17 million, saving 300 potential victims and uncovering fictitious tokens.

Compass Mining loses facility after allegedly failing to pay power bill
Bitcoin (BTC) mining hardware and hosting company Compass Mining has lost one of its Maine-based hosting facilities after the owner, Dynamics Mining, terminated the hosting agreement between the two, claiming Compass failed to pay the required bills.Dynamics posted on Twitter late on June 26 a letter it sent to Compass Mining which stated as of…

BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next?BTC price action has held higher after spiking above $38,000 last week, but since then, a testing "micro-range" has left bulls and bears locked in battle.Whether a deeper retracement will come or a trip to $40,000 will

Securities Regulator Says Crypto Investments Are Top Investor Threat in 2020
Cryptocurrency investment is among the top five investor threats for 2020, according to the North American Securities Administrators Association (NASAA).The NASAA, the oldest international investor protection organization, has officially announced the top five products or schemes likely to defraud investors in the coming year. In order to provide the report, the authority surveyed state and…