Bitcoin top $70K or $210K? Analysts, price models clash over BTC cycle peak
Veteran trader Peter Brandt sparked debate after suggesting BTC may have already hit its peak this cycle, but even he didn’t put much stock in the theory.
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‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows.That was the opinion of popular trader Credible Crypto, who on May 2 shared an updated view of how BTC price action might unfold.Trader prepares for lows to be "left untapped"As more and more voices call for a fresh major…

German government offloads its final Bitcoin holdings
The German government officially has zero BTC left after weeks of dumping its reserves onto the market, keeping the price below $60,000.

Russian Parliament Considers Imposing Fines on Crypto Mining by End of June
Russia’s parliament, the State Duma, is considering imposing administrative responsibility for the mining of cryptocurrencies, local news outlet TASS reported on June 7.In an interview with TASS, Anatoly Aksakov, the chairman of the State Duma Committee on the Financial Market, said that the government may introduce administrative responsibility for digital currency mining by the end…

‘You’d better buy some Bitcoin’ — BTC figures defy Canada gov’t as ETF assets hit record
BTC remains the best bet when it comes to avoiding Canada lawmakers' overreach, proponents argue. 304 Total views 26 Total shares Canada's war on Bitcoin (BTC) appears to be backfiring as the country's flagship exchange-traded fund (ETF) adds thousands of BTC.Data from on-chain monitoring resource Coinglass shows that over the two weeks to Feb. 24,…

SEC considers spot Ether ETF application from ProShares
The commission approved 19b-4 filings from eight asset managers in May, but they won’t begin trading on U.S. exchanges until the SEC signs off on the S-1 registration statements.

Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
In a recent CNBC survey of a group of portfolio managers and equity strategists, only 6% of respondents expect Bitcoin (BTC) to reach $60,000 in 2021. A large portion, 44% of the participants, predict Bitcoin to remain below $30,000 this year. From the remaining, 25% expect the recovery to reach $45,000 and the rest 25%…

Buy Bitcoin Before Next Bull Run in H2 2019, Fundstrat Analyst Advises
Bitcoin’s (BTC) price may pull back soon, but investors should leverage it to buy more, Bloomberg quoted market strategy firm Fundstrat Global Advisors as saying on May 3.In a note to clients on May 2, Fundstrat analyst Robert Sluymer said that while bitcoin’s current strength marks the start of a longer-term bullish trend, the accumulation…

Dapp for upcoming Diem blockchain raises $4.5M in seed investments
Pontem Network has received backing from several notable investors, including Delphi Ventures, Collider Ventures, Alameda Ventures, Skynet Trading and Animoca Brands. In total over 30 investors contributed to the raise. 1845 Total views 3 Total shares Pontem Network, a decentralized application that seeks to connect Facebook’s Diem to public blockchains like Ethereum (ETH), has raised…