Cryptocurrency Breaking News on June 21
The new working week began with the decline of several most famous cryptocurrencies at once.
Bitcoin as of 10:30 (GMT+3) was traded at $32,921, although yesterday it was $35,563.
The second largest cryptocurrency by capitalization, Ethereum, also declined in price. At the time of this writing, the coin is trading at $2004. Literally on Sunday, the coin cost $2229.
In a daily and weekly ratio, among the most capitalized cryptocurrencies from the Top-10, almost everyone lost in value, except for Uniswap, Tether and USD Coin. Over the past day, Polkadot lost the most in price (-2.66%). During the week, Dogecoin (-17.27%) declined more than others.
Among the top 100 most capitalized cryptocurrencies, Waves (+ 4.76%) showed the best daily growth, and XinFin Network (+ 37.40%) over the week. Klaytn (-8.16%) lost the most in price over the last 24 hours. And for the week, the largest losses were recorded at Kusama (-32.40%).
Breaking news over the weekend
– In the state of Colorado, the authorities intend to track and control water resources using the blockchain. As explained in the documents of the regulators, the authors of the initiative want to manage the documents of departments on the blockchain.
– Cryptocurrency investment platform Amber Group raised $ 100 million in a B-series funding round, according to Cointelegraph. As a result, the project capitalization reached $ 1 billion.
The company currently manages over $ 1 billion in assets and a combined turnover of over $ 500 billion.
In addition to Series B sponsors, Amber Group has received direct funding from several largest blockchain venture capital funds including Pantera Capital, Coinbase Ventures, and Blockchain.com.
– Experts from the Financial Action Task Force on Money Laundering (FATF) have noticed the risk in relation to cryptocurrencies on the part of Malta regulators. Writes The Times of Malta.
According to analysts, since 2017, operations in cryptocurrency worth $ 71 billion have passed through Malta. The FATF believes that the interest of digital asset owners in Malta may be dictated by the country’s weak regulatory measures upon the new financial instrument.
In addition, the Group’s experts are concerned about the possibility of using Malta’s regulatory indulgences to launder money with the help of cryptocurrencies.