Cryptocurrency news on Today June 10th – BeInCrypto
Bitcoin need dare to break through
The market ignores positive fundamentals
Altcoin season is coming
Bitcoin everything yet squeezed in a narrow range and it seems that every day he has all the chances to go down more. Even the fact that a third of the institutional already added bitcoin in their portfolios, and it will appear on the German stock exchange an instrument with physical delivery of digital currency. Meanwhile, there are rumors that the former head of the American cryptocurrency exchange Coinbase liquidated large options, and almost half of PAX stablecoins involved in fraudulent schemes.
ABOUT Tom, how are things on cryptocurrency the market, as well as key events in the industry cryptocurrencies over the past day, read our daily digest.
Almost half of all PAX stablecoins are involved in fraudulent schemes
According to a study by Coin Metrics, stablecoins are actively used in illegal activities – and this is not about Tether. Cryptoanalytic company Coin Metric Released Recent Research Finding Stablecoins Popular With Criminals. So, PAX coins were actively involved in pyramid schemes. More details
Bitcoin price: agonizing anticipation of a breakthrough
Yesterday course bitcoin (BTC) made bullish breakdown of the descending line resistance, kept on graphics from June 5. Because of the large quantity long upper wicks the angle of inclination of this lines difficult to define precisely, but, themes not less, MTC with the whole definitely broke this line and then turned it into support. This breakout occurred against the backdrop of above-average trading volumes. More details
New exchange instrument BTCE will appear on the Xetra marketplace at the end of the month. ETC Group, the issuer of BTCE, has already received all relevant approvals from the German regulator BaFin, according to the company’s official press release. “BTCE provides transparency and protection investors, needed by regulators and institutional investors for the world of bitcoins. Crypto security sector was reserved due to concerns about complexity, accessibility and management. With BTCE, we bring bitcoin to the world of regulated financial markets. More details
Blockchain casinos: the future of online gambling, or a fleeting trend – BeInCrypto exclusive interview with B2BSlots
Games and gambling – one from the most actively developing segments of the blockchain industry. According to the analytical resource Dapp Review, games, including number gambling accounts for almost half of all decentralized applications (DEX) based on blockchain Ethereum. And in the TRON ecosystem, eight out of ten applications can considered a kind of online casino. As of the end 2019 of the year, Decentralized TRON-based casinos made transactions over 3.9 billion dollars, this is almost 90% of Total transaction volume per this blockchain. More details
A third of large institutions have already invested in bitcoin
Based on a survey by one of the largest management companies assets – Fidelity, the vast majority of investors are interested in digital assets. Poll, in which nearly 800 investors from USA and Europe, showed, that about 80% of institutions consider new asset class attractive. When this more a third have already invested directly or indirectly in this market. More details
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