June 7, 2021 - KogoCrypto | Bitcoin, Ethereum & Crypto News

MicroStrategy, a significant independent publicly listed business analytics company, has announced its intention to raise $400 million in senior secured notes and use the proceeds...

Analysis

Binance Coin Price Movement Analysis for 7th June, 2021

June 7, 2021

Binance Coin has seen a good first half in 2021. Trading around $40 during December 2020, its price managed to snap record levels at $693...

Analysis

Dogecoin Price Movement Analysis for 7th June, 2021

June 7, 2021

Since April, the Dogecoin market has been reactive to speculation and excitement. As a result, the market has seen erratic price movement. The asset, however,...

Analysis

Bitcoin, Aave, Tron Price Movement Analysis for 7th June, 2021

June 7, 2021

The king coin closed in on a death cross (crossover between 50-SMA and 200-SMA) and the same could result in a prolonged bear market. While...

Analysis

Chainlink, Bitcoin Cash, Uniswap Price Movement Analysis for 7th June, 2021

June 7, 2021

Because of the market drop on June 4, altcoins have been following Bitcoin's path. The comeback has been gradual, as the king coin has struggled...

Analysis

Ethereum, Ethereum Classic, Polkadot Price Movement Analysis for 7th June, 2021

June 7, 2021

Ethereum came just a hair's breadth away from breaking through a crucial barrier channel between $2,900 and $3,000. Before making a price movement, Ethereum Classic...

News

The When and Why of Ethereum’s Breakthrough Above $3000

June 7, 2021

It is challenging to manage a volatile bitcoin market. With no clear direction on either side of the trend, Ethereum is once again finding a...

News

Bitcoin to $20,00 or $40,00? Why is ‘this arrangement unique…’

June 7, 2021

Can Bitcoin burst over the resistance? Can it break the $40k barrier? These are only a few of the numerous theories that have circulated. On...

News

The what and why of these Monero price estimates

June 7, 2021

In just over 4 months in 2021, Monero rose by more than 250 percent on the charts. That is an exceptional gain, equivalent to the...

Cryptocurrency News

Senator: We haven’t found out how to track cryptocurrencies… Why is this a problem?

June 7, 2021

Cryptocurrency firms and holders in the United States have been pressing regulators to establish norms, but there is still a lack of clarity. Concerns over...

News

Cardano and Ethereum: ‘Expect them to accelerate much further in the near future…’

June 7, 2021

Bitcoin, the biggest cryptocurrency by market capitalisation, has seen several setbacks since its birth. Consider this: back in 2013, BTC had a 94 percent domination...

News

Based on these three reasons, the price of XRP is expected to reach this level.

June 7, 2021

In the SEC vs. Ripple proceedings, the court's decision to deny the SEC access to Ripple's legal notes had a positive impact on the price,...

News

We must understand the harsh reality of Litecoin.

June 7, 2021

Litecoin is one of the industry's most reputable cryptocurrencies. There was no disagreement about the code being a like-for-like duplicate of Bitcoin. However, trust does...

Analysis

Ethereum Price Movement Analysis for 7th June, 2021

June 7, 2021

After rebounding off support at $2,584, the price of Ethereum has been gradually rising. Within a day, the price increased by 9.36 percent, and ETH...

News

Bitcoin users will receive assistance in migrating and working in El Salvador: Mr. President

June 7, 2021

Nayib Bukele says he wants to help enterprises accept El Salvador as a foundation since Bitcoin is tax-free. Bitcoin (BTC) hodlers who wish to earn...

News

21Shares, a provider of investment products, will offer a Bitcoin ETP on Aquis Exchange.

June 7, 2021

The news comes on the same day that ETC Group's Bitcoin ETP started trading on the same platform. Switzerland-based 21Shares, formerly known as Amun, has...

News

The global banking regulator intends to hold a consultation on cryptocurrency exposure.

June 7, 2021

The organisation has previously warned of "financial stability concerns" and the risks that banks face when dealing with cryptocurrency. The Basel Committee on Banking Supervision...

News

Small nations are outperforming their peers in terms of Bitcoin gains.

June 7, 2021

Chainalysis calculated the total US dollar gains achieved by Bitcoin investors in 2020. An examination of online traffic on multiple cryptocurrency exchanges was used to...

News

MicroStrategy shares falls as the company announced a fresh $400 million debt raising to purchase Bitcoin.

June 7, 2021

After peaking at $1,135 in early February, the company's stock has plunged by more than 60%. MicroStrategy stock has dropped by more than 63 percent...

News

A Chinese government body has issued a plan for blockchain development.

June 7, 2021

China maintains its “blockchain, not crypto” approach, with one government body issuing instructions to boost the use of tokenless blockchain technologies. The Office of...

News

Trump dismisses Bitcoin as a sham and urges for dollar dominance.

June 7, 2021

Former US President Donald Trump is still not a fan of Bitcoin, branding it a hoax and arguing that the dollar should remain the “currency...

News

South Korea is considering a ban on cross-exchange trade for cryptocurrency exchanges.

June 7, 2021

Crypto exchanges in South Korea are wailing over a new plan that would restrict them from transferring trading fees to fiat cash. South Korea's Financial...

News

Crypto’s nasty underbelly exposed in ransomware assault, according to a US senator

June 7, 2021

Senators from the United States have spoken out about the usage of Bitcoin in ransomware attacks. The notion of outlawing cryptocurrencies as a response to...

News

On the German exchange, CoinShares lists physically-backed crypto ETPs.

June 7, 2021

CoinShares physical Bitcoin, Ether, and Litecoin ETPs are now available on Deutsche Boerse Xetra. CoinShares, a European digital asset management, is increasing the scope of...

News

The Bank of England addresses ‘difficult and important’ issues concerning digital money.

June 7, 2021

The Bank of England has released a new discussion paper in which it attempts to assess the systemic consequences of private stablecoins as well as...

News

Bitcoin may burst through the $40k barrier, but only if the following criteria are met.

June 7, 2021

The second half of May was a very bleak period for Bitcoin. The coin's value has dropped by more than 35% in the last month...

News

Sovryn Launches $500K Hackathon to Bring Bitcoin to DeFi

June 7, 2021

Sovryn has organised a hackathon to expand its platform. Bitcoin and decentralised finance go together like chalk and cheese. Bitcoin, unlike Ethereum, the blockchain that...

News

Ruffer Exited the Bitcoin Market in April with a $1 Billion Profit

June 7, 2021

One of the largest public firms with Bitcoin portfolios paid out its final investment in April, long before the cryptomarket crash. Ruffer, a London-based asset...