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Tanzania to Improvise National Laws Asserting Crypto and Bitcoin Trading as New Digital Reforms

Tanzania to Improvise National Laws Asserting Crypto and Bitcoin Trading as New Digital Reforms

CoinspeakerCoinspeaker14 Jun 2021 | 13:20 pm
Juhi Mirza is an archaeological major who is obsessive about blockchain/Crypto technology and deems it to be the foundational philosophy of the future. Her dogged ability to research and crystallise technical facts/multiple perspectives into rivetting stories makes her an accessible finance writer. She tends to her archaeological pursuits and loves unearthing the past over the weekends.
Tesla will return to accepting payments in Bitcoin

Tesla will return to accepting payments in Bitcoin

Crypto ReportageCrypto Reportage14 Jun 2021 | 13:12 pm
Tesla CEO Elon Musk has said that the company will resume accepting payments in Bitcoin. He added that Tesla only sold 10% of its Bitcoin in order to check the markets’ reaction and the risk of turbulence. The Bitcoin Mining Council, a group of the largest Bitcoin mining companies in North America, has excluded Musk from its membership.
Bitcoin Shorts Jump 10x

Bitcoin Shorts Jump 10x

TrustnodesTrustnodes14 Jun 2021 | 13:02 pm
Bitcoin shorts on Bitfinex jumped from 1,500 on June 6th to nearly 20,000 on June 9th, worth some $800 million. Shorting as you might know is betting the price will go down by borrowing bitcoin to sell for USD. If the price goes against you, your dollars can buy less coins, with the borrowed bitcoin becoming more expensive.
Tudor Jones likes bitcoin, calls it a great portfolio diversifier to protect his wealth over time

Tudor Jones likes bitcoin, calls it a great portfolio diversifier to protect his wealth over time

CNBCCNBC14 Jun 2021 | 12:57 pm
Paul Tudor Jones said bitcoin is a great way to protect his wealth over the long run and is part of his portfolio just like gold. "I like bitcoin as a portfolio diversifier. Over time it's a great diversifier," he said. "For me, it's just a way of kind of foundationally looking at how do I protect my wealth," he added.
With Bitcoin 2021’s Iconic Art Wall, Muralist Greg Mike Captured The Community

With Bitcoin 2021’s Iconic Art Wall, Muralist Greg Mike Captured The Community

Bitcoin Magazine: Bitcoin News, Articles, Charts, and GuidesBitcoin Magazine: Bitcoin News, Articles, Charts, and Guides14 Jun 2021 | 12:37 pm
A giant art mural at Bitcoin 2021 in Miami featured a mix of well-known and newly-inspired cartoonish characters adorned with Bitcoin iconography. The mural was painted by American street artist Greg Mike and his Atlanta-based team, which has been creating ambitious blends of classic American cartoons, Mike’s own imaginary characters and cultural symbolism.
You Buy Bitcoin To Get Rich, Then You Get Something That Is Priceless: Freedom

You Buy Bitcoin To Get Rich, Then You Get Something That Is Priceless: Freedom

MediumMedium14 Jun 2021 | 12:25 pm
The price of Bitcoin has risen from a few cents in 2010 to over $35K at the time of writing. Bitcoin was created to give you power over your money because you have absolutely no power over money inside the current monetary and financial system. Bitcoin will enable the inclusion of all those people excluded from the current system.
SLP284 Steve Barbour – Bitcoin & Fossil Fuels vs Fiat Maxis

SLP284 Steve Barbour – Bitcoin & Fossil Fuels vs Fiat Maxis

Stephan LiveraStephan Livera14 Jun 2021 | 12:06 pm
Steve Barbour of Upstream Data joins Stephan Livera to talk about the Fiat Maxis Bitcoin Mining Council and the "unreliable variables" of renewable energy. He also talks about why arguing about renewable usage isn’t the right long-term approach and what Bitcoiners should do about it. Barbour also discusses the future of the Bitcoin mining industry.
Complete Bitcoin Ban Not Effective, Says Dutch Minister Of Finance | Daily Tokenomics

Complete Bitcoin Ban Not Effective, Says Dutch Minister Of Finance | Daily Tokenomics

Daily TokenomicsDaily Tokenomics14 Jun 2021 | 11:49 am
Dutch Finance Minister Wopke Hoekstra has said that it would be more effective if Dutch officials monitor the activity of crypto rather than an outright Bitcoin ban. Peter Hasekamp, Head of Dutch CPB, proposed an outright ban to all Cryptocurrency Trading, Mining and Investing last week. He said that a huge inevitable crash is likely to happen and a ban needs to be enforced as soon as possible to prevent it.
Elon Musk’s Announcement Sets Bitcoin (BTC) Price on Track to $85K

Elon Musk’s Announcement Sets Bitcoin (BTC) Price on Track to $85K

CoinspeakerCoinspeaker14 Jun 2021 | 11:18 am
. Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explores his culinary skills.
Bitcoin Rebounds on Elon Musk Tweet, Taproot

Bitcoin Rebounds on Elon Musk Tweet, Taproot

Crypto BriefingCrypto Briefing14 Jun 2021 | 11:08 am
Bitcoin jumped over 10% to almost $40,000 over the weekend after Elon Musk tweeted that Tesla plans to accept Bitcoin again once mining becomes greener. Bitcoin also received confirmation of the first Bitcoin update in four years, dubbed Taproot. The update will add privacy, efficiency, and smart contract functionality to the network.
M2 Pro Orders, BTC Mining, Miner Health, and MORE!

M2 Pro Orders, BTC Mining, Miner Health, and MORE!

MediumMedium14 Jun 2021 | 10:21 am
All April M2 Pro orders will be fulfilled this week. DataDash is working to incorporate a data export feature to help users easily file taxes. MXC travelled to Suzhou, China, to speak with government officials about smart city solutions, IoT, and NFTs.
Bullish Week Ahead For Bitcoin Price, Expected To Hit $44,000

Bullish Week Ahead For Bitcoin Price, Expected To Hit $44,000

Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideCoinpedia - Fintech & Cryptocurreny News Media| Crypto Guide14 Jun 2021 | 09:44 am
Bitcoin price is yet again attempting to smash $40,000 levels for the fourth time and a breakout may rally the price to the next levels. As the price swelled nearly 9% since Elon Musk hinted of a possible resumption of the BTC payment for Tesla car, more uptrend may be on the cards. The price is currently testing upper resistance levels and hence a major breakout appears imminent.
Tanzanian President intends to boost the Cryptocurrency sector

Tanzanian President intends to boost the Cryptocurrency sector

Todayq NewsTodayq News14 Jun 2021 | 09:40 am
Tanzania's President Samia Suluhu Hassan has called on the country's financial chiefs to prepare for cryptocurrency. She said that the Central Bank should be ready for the changes and not be caught unprepared. This comes after El Salvador recently announced its adoption of Bitcoin as legal tender. Sub-Saharan Africa has long been a hub for peer-to-peer Bitcoin trade.
Bitcoin jumps after Musk says Tesla could use it again

Bitcoin jumps after Musk says Tesla could use it again

The Globe and MailThe Globe and Mail14 Jun 2021 | 09:12 am
Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who said Tesla sold bitcoin but may resume transactions using it. Bitcoin rallied more than 9% after that message, breaking above its 20-day moving average, and it climbed a tiny bit further in Asia to hit $39,838.92. Bitcoin is up about 33% this year
Opinion | The Brutal Truth About Bitcoin

Opinion | The Brutal Truth About Bitcoin

New York TimesNew York Times14 Jun 2021 | 09:00 am
The price of one Bitcoin surged to over $60,000 earlier this year, an eightfold increase in 12 months, then fell to half that value in just a few weeks. The total market value of all cryptocurrencies now exceeds $1.5 trillion, a staggering amount for virtual objects that are nothing more than computer code. Despite their high valuations on paper, a collapse of Bitcoin and other cryptocurrencies is unlikely to rattle the financial system.
Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’

Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’

CryptoSlateCryptoSlate14 Jun 2021 | 08:27 am
Elon Musk, CEO of electric carmaker Tesla, said the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable energy to run their farms. The firm started accepting Bitcoin as a payment method for its vehicles earlier this year, but later said it would cease the service due to the ‘ecological impact’ of using Bitcoin.
Hundreds of Bitcoin mining rigs seized in Malaysia police raids

Hundreds of Bitcoin mining rigs seized in Malaysia police raids

ForkastForkast14 Jun 2021 | 08:22 am
Four people have been arrested and over 400 Bitcoin mining machines have been seized in Malaysia's George Town following a series of police raids on seven premises. An initial joint investigation alleged that the mining operations on all four premises had been stealing electricity from the grid. Tenaga Nasional estimates that it has lost around MYR420,000 (US$102,300)
Africa Leading Bitcoin P2P Trading Volume Growth in 2021 - BeInCrypto

Africa Leading Bitcoin P2P Trading Volume Growth in 2021 - BeInCrypto

BeInCryptoBeInCrypto14 Jun 2021 | 08:07 am
Africa is leading the global P2P bitcoin trading volume growth in 2021. Sub-Saharan Africa experienced roughly $17 million in trading volume in May 2021, about 50% up from the same time last year. North America remains the most active, despite a significant drop.
Tesla will resume accepting bitcoin when it uses more clean energy, says Musk

Tesla will resume accepting bitcoin when it uses more clean energy, says Musk

the Guardianthe Guardian14 Jun 2021 | 07:45 am
Tesla CEO Elon Musk has said that the company will resume allowing bitcoin transactions when miners use more renewable energy. He announced in May that Tesla would no longer accept bitcoin for car purchases, citing long-brewing environmental concerns. Tesla sold about 10% of its holdings to confirm bitcoin could be liquidated easily without moving the market.
BTC Standard Hashrate Token Cryptocurrency Positive Momentum With A 13% Rise In The Last 24 Hours

BTC Standard Hashrate Token Cryptocurrency Positive Momentum With A 13% Rise In The Last 24 Hours

via.newsvia.news14 Jun 2021 | 07:41 am
BTC Standard Hashrate Token (BTCST-USD) is currently on bullish momentum by 13.56% in the last 24 hours. The cryptocurrency is 34.4% above its all-time low of $91.94 at Sunday, 23 May. The token's last week, last month's, and last quarter’s current volatility was a negative 1.13% and 8.12% respectively.
Bitcoin Taproot Update to be Implemented in November

Bitcoin Taproot Update to be Implemented in November

CoinTrustCoinTrust14 Jun 2021 | 07:37 am
The Bitcoin Taproot update is scheduled to begin in November. It brings new protocols for bringing privacy, scale, multi-signature wallets, and safety to the blockchain. The update is expected to be the most important change in the Bitcoin network in almost four years. Bitcoin prices have stayed unchanged despite recent developments.
Bitcoin (BTC) Aims for $40,000 After Bullish Week

Bitcoin (BTC) Aims for $40,000 After Bullish Week

BeInCryptoBeInCrypto14 Jun 2021 | 07:31 am
Bitcoin created a bullish engulfing candlestick on June 13, breaking out from a short-term descending resistance line. The MACD histogram has crossed into positive territory, the RSI has moved above 50, and the Stochastic oscillator has made a bullish cross. The next closest resistance areas are $43,250 and $47,400.
Bitcoin Price Jumps With Taproot Upgrade Approval and New Musk Tweets

Bitcoin Price Jumps With Taproot Upgrade Approval and New Musk Tweets

BeInCryptoBeInCrypto14 Jun 2021 | 07:07 am
Tesla CEO Elon Musk has said that Tesla will reinstate bitcoin payments when about 50% of the energy used by the mining industry becomes clean — with a “positive future trend”. The move will no doubt have contributed somewhat to bitcoin’s price rise, though it's hard to justify exactly how much. The Bitcoin Mining Council will not involve Musk.
Bitcoin, Ethereum and Cardano Are Top Three Crypto Assets for 2021, Says Altcoin Daily – Here’s Why | The Daily Hodl

Bitcoin, Ethereum and Cardano Are Top Three Crypto Assets for 2021, Says Altcoin Daily – Here’s Why | The Daily Hodl

The Daily HodlThe Daily Hodl14 Jun 2021 | 07:04 am
Altcoin Daily host Aaron Arnold has named Bitcoin, ETH and Cardano as the top three crypto assets for 2021. Bitcoin's taproot upgrade and ETH's upcoming upgrade will keep the asset in the news. Cardano is also keeping an eye on the rest of the year as the platform prepares to introduce fully functional smart contracts.
Canada’s Purpose Bitcoin ETF Continue Systematic Accumulation Over Last Month’s Price Decline

Canada’s Purpose Bitcoin ETF Continue Systematic Accumulation Over Last Month’s Price Decline

CoingapeCoingape14 Jun 2021 | 06:42 am
The Bitcoin price is up 12% today aiming to surge past $40,000 levels after Elon Musk tweeted that Tesla will resume Bitcoin transactions once 50% of the mining industry turns to renewables. However, Bitcoin has continued to remain on a serious decline and trading sideways over the last month.
Bitcoin Price surges 9% After Elon Musk says, Tesla Will Accept Bitcoin in Future

Bitcoin Price surges 9% After Elon Musk says, Tesla Will Accept Bitcoin in Future

Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideCoinpedia - Fintech & Cryptocurreny News Media| Crypto Guide14 Jun 2021 | 06:00 am
Tesla CEO Elon Musk on Sunday said the company will resume Bitcoin transactions once it confirms there is "reasonable" 50% clean energy usage by miners. Musk's tweet was in response to remarks made by Magda Wierzycka, CEO of South African asset management Sygnia. Musk denied pumping and dumping Bitcoin and called his accusation "inaccurate".
TA: Here’s Why Ethereum (ETH) Follow Bitcoin and Rally Above $2,500

TA: Here’s Why Ethereum (ETH) Follow Bitcoin and Rally Above $2,500

NewsBTCNewsBTC14 Jun 2021 | 05:58 am
Ethereum is trading in a positive zone above the $2,400 support zone the 100 hourly SMA against the US Dollar. The price is now trading above the 50% Fib retracement level of the upward move from the $1,311 swing low to $2.554 high. The main breakout resistance is now forming near the $
Huobi BTC Cryptocurrency Went Up By Over 12% In The Last 24 Hours

Huobi BTC Cryptocurrency Went Up By Over 12% In The Last 24 Hours

via.newsvia.news14 Jun 2021 | 05:51 am
Huobi BTC (HBTC-USD) is currently on bullish momentum by 12.31% in the last 24 hours. Huobi BTC’s current value is at $39452 which is 250.45% above its all-time low of $69325 at Monday, 12 October. The stochastic oscillator is considered to be oversold.
Bitcoin (BTC) Jumps 12% Today But Crowd Sentiment for Altcoins Turn Negative. End of Bull Run?

Bitcoin (BTC) Jumps 12% Today But Crowd Sentiment for Altcoins Turn Negative. End of Bull Run?

CoingapeCoingape14 Jun 2021 | 05:43 am
Elon Musk has said Tesla will resume accepting Bitcoin payments once 50% of BTC mining turns on renewables. This comes after Tesla CEO Elon Musk responded to a tweet that alleged the Tesla chief of manipulating the BTC price and responsible for its pump and dump. Tesla only sold 10% of its holdings to confirm BTC could be liquidated easily without moving the market.
Bitcoin ranges in the high $30,000s—but technicals suggest there’s ‘red’ ahead

Bitcoin ranges in the high $30,000s—but technicals suggest there’s ‘red’ ahead

CryptoSlateCryptoSlate14 Jun 2021 | 05:37 am
The number of Bitcoin ‘shorts’ continues to rise and touch an all-time high on crypto exchange Bitfinex, which suggests that traders are leaning on the bearish side as of now. Bitcoin and Ethereum both continue to show an unclear direction as both fail to break major resistances and fall back on their ‘support’ price levels.
Cardano And Bitcoin Bullish Fundamental. Here's Why It Will Explode

Cardano And Bitcoin Bullish Fundamental. Here's Why It Will Explode

Daily TokenomicsDaily Tokenomics14 Jun 2021 | 05:33 am
Bitcoin BTC and Cardano ADA Fundamental is very bullish despite short-term decline in price. Bitcoin is still under the 20 week moving average while ADA is hovering above the 20-week moving average. ADA Smart contracts and Goguen Main Net is coming to a completion. Cardano bull market is still very much intact.
China’s Bitcoin Mining Crackdown Reaches Fourth-Largest Producing Province

China’s Bitcoin Mining Crackdown Reaches Fourth-Largest Producing Province

CryptoPotatoCryptoPotato14 Jun 2021 | 04:57 am
Yunnan, China's fourth-largest Bitcoin producing province, has issued a notice ordering an investigation into the alleged illegal use of electrical power by individuals and companies involved in Bitcoin mining. Yunnan joins other regions such as Inner Mongolia, Xinjiang, and Qinghai which have also had notices to shut down part or all of the mining farms in their area. China still controls around 65% of the global hash rate.
Tesla Will Reinstate Bitcoin Payments Once Green Energy Usage By Miners Reaches 50%, Elon Musk Reveals

Tesla Will Reinstate Bitcoin Payments Once Green Energy Usage By Miners Reaches 50%, Elon Musk Reveals

ZyCryptoZyCrypto14 Jun 2021 | 04:44 am
Tesla CEO Elon Musk has said that the electric carmaker will resume accepting bitcoin as payment for purchases of its electric vehicles once the flagship crypto’s clean energy consumption reaches at least 50% level. Musk suspended bitcoin payments at Tesla back in May, citing environmental harm from the cryptocurrency's mining.
Bitcoin Price Forecast: BTC bulls’ bid for $40,000 delayed at $39,000 key technical level

Bitcoin Price Forecast: BTC bulls’ bid for $40,000 delayed at $39,000 key technical level

CoingapeCoingape14 Jun 2021 | 04:23 am
Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart. The immediate support at $38,000 is key to resuming the journey toward the short-term goal. If the 200 SMA gives in, we can expect BTC to drop to
Skateboarder Tony Hawk: BTC is Ready to Move to Mainstream — DailyCoin

Skateboarder Tony Hawk: BTC is Ready to Move to Mainstream — DailyCoin

DailyCoin.comDailyCoin.com14 Jun 2021 | 04:00 am
Skateboarder Tony Hawk has compared Bitcoin to skateboarding, which was not widely embraced by the mainstream when he turned pro at age 14 back in the early 1980s. "You want to talk about a counterculture going mainstream, skateboarding took decades to be on the radar of mainstream media or acceptance. Bitcoin has been around for a little more than 10 years and it's taken over a city [Miami] – that trajectory is a bit faster than ours," he said.
Bitcoin Price Prediction, $150,000 On This Date

Bitcoin Price Prediction, $150,000 On This Date

Daily TokenomicsDaily Tokenomics14 Jun 2021 | 03:24 am
Crypto trader Tyler Swope believes Bitcoin price will hit $150,000 on December 15, 2021. "A 10X Bitcoin from here is mostly unlikely to happen in this bull run," he said. Tyler added that the top of the market for this cycle would be $100,000 to $200,000 by the end of December 2021.
TA: Bitcoin Prints Bullish Pattern, Why Dips Turn Attractive For BTC

TA: Bitcoin Prints Bullish Pattern, Why Dips Turn Attractive For BTC

NewsBTCNewsBTC14 Jun 2021 | 03:08 am
Bitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000. The price is now correcting lower and the main support is now forming near the $37,500 level. If bitcoin fails to clear the $39,800 resistance, it could start
Bitcoin jumps after Musk said Tesla will use when mining cleaner

Bitcoin jumps after Musk said Tesla will use when mining cleaner

The Edge MarketsThe Edge Markets14 Jun 2021 | 01:43 am
Tesla CEO Elon Musk has said the electric car maker will resume transactions with Bitcoin when mining is done with more clean energy. The transactions will start back up “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend,” Musk tweeted. Musk also reiterated the electric-car maker had sold about 10% of its Bitcoin holdings to demonstrate the token's liquidity.
The Pros of Bitcoin and Cryptocurrency, Low Risk, High Reward, Informed Financials

The Pros of Bitcoin and Cryptocurrency, Low Risk, High Reward, Informed Financials

Low Risk, High Reward, Informed Financials14 Jun 2021 | 01:41 am
The pros of cryptocurrency are straight forward: avoiding government regulation, avoiding taxes, possibility of extreme losses and gains, and trustless monetary value exchange. The Pros of investing in it as a long-term asset for wealth building are dubious and short sighted, in my opinion. Bitcoin has value but it's mostly for skirting regulation and living in a trustless world, which could have some value.
Bitcoin closes in on $40,000 as Elon Musk and Tanzania give the markets a lift - CityAM

Bitcoin closes in on $40,000 as Elon Musk and Tanzania give the markets a lift - CityAM

CityAMCityAM14 Jun 2021 | 00:26 am
Tanzania's President Samia Suluhu Hassan has called on the country's central bank to prepare for cryptocurrency. She said the Central Bank should be ready for the changes and not be caught unprepared. This is the first time a country's premier has openly acknowledged a serious acceptance of digital assets or a decentralised approach to banking.
Tanzania Considers Crypto—And Boosts Bitcoin—As Nations Line Up Behind El Salvador To Embrace Decentralized Finance

Tanzania Considers Crypto—And Boosts Bitcoin—As Nations Line Up Behind El Salvador To Embrace Decentralized Finance

ForbesForbes14 Jun 2021 | 00:00 am
Tanzania became the latest country to signal its support for digital assets this weekend as its president instructed financial authorities to prepare for widespread use of cryptocurrencies. This comes after El Salvador became the first country to make bitcoin legal tender last week and Elon Musk outlined plans to resume accepting bitcoin as a form of payment.