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Daily News Headlines | Latest Crypto News (9th June) | Cryptoknowmics

Here are the top 5 crypto news for the day!

Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we know it, in the coming days.

 

Cobra Crypto Predicts Bitcoin Crash, Claims BTC Could Decline By 20%

 

Popular trader Cobra Crypto has warned of an impending Bitcoin crash that will drive BTC prices to $25,000 level.  The  Twitter user is well known in crypto circles for speculating on BTC trends. In a series of tweets posted to his account this week, Cobra Crypto warned investors to prepare for “absolute carnage”.

Flare Network Obtains $11.3 Million in Funding With Kenetic and DCG

Flare Network has raised $11.3 million in its latest round of funding led by Kenetic Capital. Coinfund and Grayscale’s parent company Digital Currency Group were among other firms that participated in this round. The distributed network will utilize the proceeds to provide smart contract functionality to blockchains that do not support the feature out of the box.

 

Bitcoin Whales are Buying More BTC Amid the Recent Dip: Santiment

 

Crypto analytics firm Santiment is tracking Bitcoin whales following the recent sell-off that drove the price of BTC to around $30,000 last month. Per its recent report, Bitcoin whales are acquiring more BTC on the price dips as the digital asset fails to reclaim the $40,000 price level.

 

Berkshire Hathaway Invests $500 Million in Brazilian Digital Bank

 

Warren Buffett’s Berkshire Hathaway announced that it has invested nearly half a billion USD in Latin America’s largest financial technology bank, Nubank. Headquartered in São Paulo, Brazil, Nubank is a private digital bank, catering to around 40 million customers at present.

 

First Kusama Parachain Auction Could Happen on June 15- Gavin Wood

 

Gavin Wood, the creator of Polkadot and Kusama, has recently issued a tentative schedule for the much-anticipated Kusama Parachain slot auction. In accordance with a blog post shared on Tuesday, there is a possibility that the auction could happen by mid-June if the council votes in favor of the schedule published by Wood.

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