Polygon struggles below resistance, buyer efforts stalled
17.6.2024
Polygon (MATIC) has for some time now, been absolutely unable to rise above the resistance level and is presently staring at the figure of $0.62, from $0.75. In spite of all its attempts, MATIC has totally remained unsuccessful in making the slightest comeback, as per the market observers....
XLink onboards Fireblocks, Ancilia to prevent another $10M hack
17.6.2024
The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys
Bitcoin Technical Analysis: BTC Endures Persistent Downward Trend Amid High Volatility
17.6.2024
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels. Bitcoin Bitcoin’s 1-hour chart reveals a clear...
Bitcoin mining could trigger a bull run for BTC
17.6.2024
Bitcoin ($BTC) is driven by several factors. It includes the decision of the Federal Reserve to cut rates, risk appetite of investors, Halving, and ETF offerings. One factor that has majorly remained hidden in the flood of headlines is Bitcoin mining. The community speculates that it could help...
First Mover Americas: Crypto Majors Subdued After Fed's Hawkish Stance
17.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Uniswap bounces back: 64.25% surge in open interest signals bullish trend
17.6.2024
Uniswap (UNI), a leading decentralized finance (DeFi) protocol, has experienced a significant price rebound, accompanied by a notable 64.25% increase in open interest. This surge in activity has captured the attention of traders and analysts, raising questions about the factors driving this...
Corporate adoption is in ‘amateur league’ despite Bitcoin ETFs
17.6.2024
Corporations could pave the way towards more mainstream crypto industry trust, according to the co-founder of Trust Square
Ethiopian Airlines Partners With Blockchain-Based Loyalty Rewards Firm Loyyal
17.6.2024
Ethiopian Airlines Group has partnered with Loyyal to leverage the latter’s blockchain infrastructure for its customer loyalty program. The partnership, which is earmarked for Ethiopian Airlines’ Shebamiles members, enables them to earn rewards daily, driving further engagement and loyalty....
SEC rejects Ripple Labs plea to lower fines, insists on nearly $2B penalty
17.6.2024
The San Francisco based Ripple Labs Inc. is currently engaged in a legal battle with the SEC over the latter’s request for a $2 billion penalty. They are advocating for a decrease, claiming that Terraform Labs’ recent $4.5 billion settlement is a point of reference. Ripple’s lawyers also say that...
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
17.6.2024
Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC
Binance initiating the registration of its ZKsync (ZK)
17.6.2024
Binance, the biggest cryptocurrency exchange globally, has initiated the registration of its ZKsync, along with the introduction of a ZK token allocation scheme. Trade, about the latest spot trading pairs, is slated for the 17th of June, 2024. The spot trading pairs which are accessible to ZKsync...
Coinbase says 56% of Fortune 500 execs are testing crypto projects – Here are the top picks
17.6.2024
A recent survey by Coinbase reveals that 56% of Fortune 500 execs are delving into several on-chain projects as blockchain technology adoption rises. Novel crypto projects like ETFSwap (ETFS) are some of the top model projects that align with institutional investment goals. Some of the major...