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Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime

17.6.2024
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining...

Lawmakers & blockchain innovators to meet for bitcoin reflection

17.6.2024
Congressman Ro Khanna is initiating a meeting to reflect on the stand of the US towards bitcoin and blockchain. In attendance will be the US lawmakers, as well as the big-time players involved in the innovation of blockchain technology.  This is slated for sometime in July and will witness...

Cardano in peril: Will ADA price crash to $0.38?

17.6.2024
Cardano (ADA), once heralded as a blockchain revolution, is currently facing a troubling future outlook. Market analysts and traders are closely monitoring ADA, as signs suggest a potential plunge to $0.38. This prediction is rooted in a combination of market dynamics, technical analysis,...

Bitwise predicts the potential of Crypto and AI growth

17.6.2024
According to the report, the integration of crypto and artificial intelligence will have a big impact on the economy. The American spot Bitcoin ETF provider made the forecast at an annual conference in Austin. The conference witnessed the exchange of innovative ideas like the future of blockchain...

Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses

17.6.2024
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...

Whale increases PEPE holdings by $1.75 million despite previous losses

17.6.2024
Among the peculiarities of the constantly fluctuating crypto market, there are large investors or ‘whales,’ who possess the ability to shift the market trends. More recently, a large whale was in the news for upping their stake in PEPE, a meme-based, or joke, cryptocurrency by $1.75 million. This...

Crypto whale nets $7M from WBTC & ETH investments!

17.6.2024
One of the largest traders in cryptocurrencies closed his longs in WBTC and ETH and made a profit of $7 million. He sold 76.6 WBTC and 2,265 ETH for $13.19 million. This was the end of a leveraged investment plan that he started by borrowing funds from Aave with 5,545 ETH as collateral to purchase...

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...

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...

Shiba Inu’s burn rate explodes over 800%, signals a buying trend

17.6.2024
Shiba Inu is modestly trading around $0.00002023, down by 2.36% in the last 24 hours at the time of writing this article. While it does not showcase a bullish run at the moment, speculation is that SHIB could eventually rebound to a higher value. This thesis gains strength from the fact that...

South Korean crypto exchanges may deregister up to 600 altcoins

17.6.2024
South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space.  As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....

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