21 June 2021 — Crypto Market, Block Chain, Token News.
1.PlanB: Even In Worst-Case Scenario Bitcoin Price Will Hit $135K In 2021
Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.” That’s according to analyst PlanB. Now, even the “worst-case scenario” for Bitcoin would still see it trade at $47,000 in August. A slight reversal in September places the minimum target at $43,000 for that month, only to be followed by $63,000 in October — near current all-time highs. Things then heat up, with $98,000 on the cards in November and a giant $135,000 by the end of the year. Read Full on cointelegraph
2.Portuguese Central Bank Grants Operating Licenses To Crypto Exchanges
The Central Bank of Portugal (Banco de Portugal) has licensed two cryptocurrency exchanges for the first time. It has recognized Criptoloja and Mind The Coin as “virtual asset service providers.” Criptoloja CEO Pedro Borges told that the greatest adoption of crypto in Portugal is among the new generation of traders, although the company will seek to promote the crypto ecosystem among people of different profiles.
3.Global Nonprofit Operation Smile Accepts Crypto Donations
One of the largest surgical volunteer-based nonprofit in the world, Operation Smile revealed the group is now accepting crypto donations. The announcement says cryptocurrency donations will help bolster “Operation Smile’s mission to increase the accessibility of surgical care in underserved communities around the world so that patients can live lives of improved health and dignity.” Operation Smile uses The Giving Block to accept digital assets as tax-deductible contributions.
4.BlackRock Wants To Use Blockchain Technology For Its Investments Engine, Aladdin
BlackRock, the world’s largest asset manager with almost $9 trillion in assets under management, is seeking to develop a blockchain strategy for its flagship portfolio management system, Aladdin, according to a job posting. Aladdin’s new director will investigate how blockchain could fit into the system. Aladdin stands for asset, liability, debt and derivatives investment network and is essentially the automated operating system of BlackRock. It handles measuring risk and making trades.
5.CoinShares & Finanzen Zero Announce Exclusive Crypto ETP Platform Partnership
SAINT HELIER, Jersey, June 21, 2021 /PRNewswire/ — CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm, today announced an exclusive partnership with the largest platform for German-speaking financial and investment news, finanzen.net. As a result of the partnership, CoinShares will be the sole provider of physically-backed crypto products on the newly launched investment platform finanzen.net zero which launched on June 5, 2021, with zero trading fees.
