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Cryptocurrency News Digest: Is Crypto Market Crash Over?
Author: changehero
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The most resounding crypto news of late are the El Salvador Bitcoin law entry-into-force and the death of John McAfee. But that is not at all exhaustive, find other significant events in our weekly cryptocurrency news digest!

Key Takeaways

Latest Cryptocurrency News Digest

Bitcoin Digest

BTCUSD chart: June 25, 2021
Source: TradingView

Bitcoin News

Altcoin News

Business Cryptocurrency News

Cryptocurrency News on Adoption

Regulation & Politics Cryptocurrency News

Cryptocurrency News Digest from Social Media

Video of the Week

Peter McCormack’s interview with the President of El Salvador went up this week on the WhatBitcoinDid YouTube channel. In the first talk since the passing of Bitcoin law, Nayib Bukele shared reasons for making this step and forward-looking plans.

Cryptocurrency News Digest from Twitter

In probably the most shocking news of this week, John McAfee was found dead in his prison cell in Barcelona, on June 23. The day before, Spanish court ruled to extradite him to the US. McAfee was a scandalous character in crypto space, with people having extremely divided opinions about him, but undeniably influential.

To deal with a decisive crackdown, Chinese miners are moving operations to foreign jurisdictions. One of the destinations is the US, which is more than willing to reclaim the world leadership in hashrate production.

Bitcoin price decline was so sharp this week, stock-to-flow model author PlanB called his own creation into question. A move lower would have invalidated the model that projected growth of Bitcoin to $100,000 in 2021 and $1,000,000 in five years. Can a Bitcoin crash, then? Ultimately, they remain optimistic: their latest update on Bitcoin prediction puts targets at $43k in September as a local low. His expected close target of Bitcoin is $125k.

Influencer of the Week

Our trader of the week deals mostly with Bitcoin, but instead of quantity they provide quality analysis. Despite favoring investments over speculation, George does know technical analysis enough for short-term ideas, too.

Top Coin Digest

At the moment of writing the digest, the general market stats are:

7d Change in Top Coins

7D crypto digest: June 25, 2021
Source: CryptoRank25/

Reds this week sent weak hands panicking and asking “Why is crypto crashing?” Altcoins followed Bitcoin on the way down but have yet to catch up to the recovery. At the moment of writing, the weekly change of the top currencies is:


Markets may not seem optimistic but the prompt recovery of Bitcoin from below $30k gives a positive signal. The news from Israel and Paraguay give the entire community much to look forward to for more details. Keep an eye on our blog for weekly crypto news! Follow ChangHero on Twitter, Facebook, Reddit and Telegram for real-time cryptocurrency news.