Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit

This week on The Market Report, the resident experts at Cointelegraph discuss the real reasons behind the recent price pump in the market. Can this lead to a $25,000 Bitcoin (BTC) and beyond, or will some unforeseen event ruin the party? Tune in to find out.We start off this week’s show with the latest news…

The penalties are part of a new piece of legislation that also regulates crypto trading and payments. 241 Total views 17 Total shares Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto.Brazil’s Special Committee of the Chamber of Deputies has approved a…

Cryptocurrency enthusiast John McAfee's crypto trading platform was immediately targeted by hackers with a denial of service (DOS) attack following its launch, according to an official Twitter post from McAfee on June 12.According to the post, the web servers for the “McAfeeMagic” trading platform, were hit with a cloaked High Orbit Ion Cannon (HOIC) DOS…

The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research. 173 Total views 2 Total shares The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in its drive to maintain the country’s stature as a center for innovation as it hopes to roll out…

More publicly traded firms added Bitcoin to their treasuries during the first four months of 2021 than during the entirety of last year. But will it continue? 1630 Total views 5 Total shares More than $6.5 billion worth of BTC — or close to 1% of the crypto asset’s entire capitalization — is held by…

Government officials waffling about the crypto tax that's set to come into effect in 2022 has created a maelstrom of conflicting reports that even officials can’t seem to keep track of. 519 Total views 4 Total shares South Korean government officials have created confusion this year with conflicting announcements regarding a possible repeal or amendment…

As long as the regulation gives an institutional investor a very clear path to crypto, they’ll jump into the space, hedge fund co-founder CK Cheng told Cointelegraph. 512 Total views 19 Total shares A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United…

Clones will be certified with a smart contract on the blockchain to verify their authenticity and genetic lineage. 370 Total views 2 Total shares Own this piece of history Collect this article as an NFTA California-based cannabis nursery has turned to blockchain and smart contracts to verify the authenticity of its medicinal plants.The cannabis nursery,…

The Supreme Court of Israel has declared that Leumi Bank cannot block the cryptocurrency exchange Bits of Gold’s account on the grounds of regulatory concerns, according to a report by Finance Magnates on June 3.Despite the Supreme Court’s ruling against Leumi, the bank reportedly maintains its stance against dealing with the exchange. The report notes,…