News | Crypto Profit Bot

Beyond the hype: NFTs’ actual value is still to be determined

June 19, 2021

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It’s 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie’s is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about NFTs, Beeple and Mark Cuban are advocating NFTs’ use case — yet, here I am, the CEO of a company that helps users securely store their nonfungible tokens and I […]

Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies

June 19, 2021

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Generating momentum and attracting investor attention can be a challenge during the best of times in the cryptocurrency market and it is an even bigger challenge when the markets are choppy like the entire crypto ecosystem has been the past couple of months. Despite the recent downturn, Perlin (PERL), which has managed to rally 140% […]

Hawkish Fed comments push Bitcoin price and stocks lower again

June 18, 2021

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Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year. 6640 Total views 9 Total shares Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James […]

Bulls hesitate to buy the dip after Bitcoin price falls close to $35K

June 18, 2021

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On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve about the possibility of raising interest rates sooner than expected has led to a spike in the price of the U.S. dollar at the expense of risk assets and treasury notes. The Fed doesn’t […]

Crypto company CEO says the recent crypto boom brought increased adoption

June 18, 2021

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Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. 1980 Total views 12 Total shares Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price, […]

Texas crypto users will soon be able to buy and sell tokens at major supermarket chain

June 18, 2021

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The state is already becoming known for attracting miners and attempting to pass pro-crypto legislation, with Governor Greg Abbott saying he was a “crypto law proposal supporter.” 5973 Total views 61 Total shares Shoppers wanting to cash out their crypto holdings to buy groceries may soon be able to do so at many H-E-B supermarkets […]

Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH

June 18, 2021

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The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that concluded on June 16. To tame inflation, the Fed plans to undertake two rate hikes before the end of 2023. This news has boosted the U.S. dollar index DXY to its best level […]

Cointelegraph Consulting: Report pictures a crypto-consumer portrait

June 18, 2021

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Bitcoin’s status as legal tender in El Salvador has recently sparked a new round of discussion concerning Bitcoin (BTC) and its role in the world economy. Despite ambiguous reactions from institutions such as JPMorgan Chase and the World Bank, some feel that Bitcoin’s status as a means of payment is now more explicit than ever. […]

Calling the crypto space ‘a very masculine area,’ Mila Kunis launches NFT project

June 18, 2021

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Following a deep dive, the actress said she found the crypto space to be “really empowering,” which led to the creation of the Stoner Cats animation. 2974 Total views 8 Total shares An actress famous for her roles in That ’70s Show and Family Guy, Mila Kunis has now launched an animation on the blockchain, […]

Ethereum’s ‘London’ hardfork set to go live on testnets starting June 24

June 18, 2021

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Three Ethereum testnets now have a set date for the London hard fork, a key step toward a full mainnet implementation. 14268 Total views 59 Total shares The hotly anticipated “London” Ethereum hard fork now has a set block height for three testnets — a key penultimate step toward a full mainnet launch. In a […]

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