Last Updated : June 27, 2021 / 08:43 AM IST
Top cryptocurrency news on June 27: Major stories on Bitcoin and Ethereum
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
Cryptocurrency Prices: Bitcoin, ethereum trade in the green
Bitcoin, ether and other major cryptocurrencies are currently trading in the green, seeing a recovery after tumbling the previous day. The global cryptocurrency market capitalisation is $1.32 trillion, up 2.85 percent from the previous day. Bitcoin, the world’s largest cryptocurrency, had plunged to as low as $30,184.50 on June 26. Read more here.
Elon Musk, Jack Dorsey agree to have ‘The Talk’
A recent Twitter exchange between Tesla CEO Elon Musk and Twitter CEO Jack Dorsey has gone viral, wherein both hinted that they may have an on-stage conversation at an upcoming event on Bitcoin. Read more here.
El Salvador’s Bitcoin law: Banks face risk of money laundering, Terrorism financing
El Salvador’s law-making bitcoin legal tender means banks face higher risks, including of violating rules against money laundering and terrorism financing, rating agency Fitch said in a report on Friday, Reuters reported.
El Salvador offers $30 bitcoin starter account
El Salvador’s president says the use of the cryptocurrency Bitcoin will not be mandatory, but the country is planning to give out starter accounts with $30 to promote its use, AP reported.
Finance Minister Alejandro Zelaya said Thursday the government will allocate $120 million to establish as many as 4 million starter Bitcoin accounts, or wallets, though he doesn’t think that many people will take up the offer. The wallets are to be known as Chivo, a slang word meaning cool,” or nice.