Bitcoin News Roundup for June 23, 2021
With BTC bouncing back to $34K and a look at why China's crypto crackdown is different this time, CoinDesk’s Markets Daily is back with the latest news roundup.
Selling options, be it put or call, is better suited for institutions with ample capital and a high-risk tolerance.
China's Anti-Crypto Crackdown Is Different This Time
Jun 22, 2021
Miners leaving China show the seriousness of new enforcement. But constrained trading and investment are more likely to really matter.
The Spanish court authorized the extradition of John McAfee to face charges related to his 2016-2018 tax returns.
Why Bitcoin Could Be Good for El Salvador
Jun 23, 2021
Adopting Bitcoin as legal tender could help the El Salvador economy grow, says our columnist, but there are risks if the government over-indulges new borrowing.
One of the top minds in macro explores the key debates shaping the economic landscape.
SEC Delays Decision on Valkyrie Bitcoin ETF
Jun 23, 2021
The SEC designated Aug. 10 as the revised date when it will approve or disapprove Valkyrie's application.
Recent
Will Bitcoin Hold Above $30K Support? Cybercrime Raising Privacy Coin Concerns
"First Mover" dives into top crypto stories: bitcoin's outlook amid market swings, privacy coins and their role in cybercrime, and news regarding El Salvador's path to bitcoin adoption. Guests include vocal bitcoin critic Steve Hanke of the Cato Institute and Johns Hopkins University and Vik Sharma of Cake Wallet that facilitates the Monero privacy coin. Plus, Rarible's Alex Salnikov plans to build a community-owned NFT marketplace from its latest funding round.
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Recent
Bitcoin Edging Up Following Plunge Blamed on China Crackdown; Miners on the Move
Bitcoin seems to be finding support above the psychological $30K level, but will it hold? Cryptocurrencies across the board took a nosedive as China's central bank reminded banks they are not to facilitate crypto transactions. Meanwhile, some Chinese miners ordered to shut down are already preparing to set up shop elsewhere. Guests today include Mostafa Al-Mashita of Secure Digital Markets and Ben Gagnon of Bitfarms.
