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Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations
4.6.2024
Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict the issuance and offering of stablecoins...
Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale
3.6.2024
According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils...
Binance prepares for MiCA rules, updates stablecoin strategy
3.6.2024
Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy
Okx Launches Crypto Exchange and Wallet in the Netherlands
3.6.2024
Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies, including more than 60 crypto-Euro pairs. The platform integrates with Ideal, a popular online...
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
3.6.2024
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the...
Bitmain delivers Antminer L9 for Scrypt algorithm
3.6.2024
Bitmain introduces Antminer L9, an application-specific integrated circuit (ASIC) miner customized for coins utilizing the Scrypt algorithm, like litecoin and dogecoin. This fresh prototype offers 16 gigahash per second (GH/s) regarding hashing ability, managing energy effectiveness to 210 joules...
GameStop meme coin witnesses an upward swing by a whopping 300%
3.6.2024
The GameStop ($GME) meme coin is experiencing an astounding upward trend of 300%. Currently, the trade price is reaching $0.01366, with a market capitalization of almost $100 million. Added to that, the daily trade volume has seen an increase of 1,000%, going beyond the $178 million mark. GameStop...
This Week’s Crypto Gainers and Losers: NOT Leads With 214% Gain, BTC and ETH Remain Flat
3.6.2024
Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising 214% against the U.S. dollar. NOT Tops the Charts With 214% Increase,...
Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets
3.6.2024
Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 billion in Russian assets. He further explained that...
FTX CEO John Ray III sold its remaining Anthropic shares
3.6.2024
The CEO of FTX Estate, John Ray III, sells its balance shares in Anthropic, amounting to 15 million, at a price of $30 per share. Through this, he managed to rake in the amount of $450 million. Incidentally, Anthropic is an AI startup that introduced its chatbot, Claude. The FTX Estate has filed...
Australia’s First Spot Bitcoin ETF Launching Tomorrow
3.6.2024
Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin...
Blockstream criticizes Coinbase for denying BTC processing
3.6.2024
The CEO of Blockstream, Adam Back, has been criticizing Coinbase Exchange for not being willing to initiate BTC processing for donations meant for Trump’s presidential campaign. He has described the company as anti-bitcoin. It all began when Bitcoin Magazine revealed that Lightning Network...
Notcoin (NOT) hits an ATH with over 350% gains in a week
3.6.2024
Notcoin ($NOT) surged by more than 350% and added almost $2 billion to its market cap. The tides are still high, with the token banking a weekly surge of 224.39%, now valued at $0.02114. Furthermore, the market cap has surpassed the $2 billion mark, and the 24-hour trading volume was more than $4.3...
Meme Stock and GME Meme Coin Craze Rekindled by Roaring Kitty’s Reddit Return
3.6.2024
Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparked renewed interest. Over the past 24 hours, crypto assets such...
Solana (SOL) is testing a new resistance for an increase
3.6.2024
Solana is up by 0.23% in the last 24 hours, as of the time of writing this article. That brings the token value to $165.44, which is also an increase of 0.04% in the last 7 days. SOL has a bearish short-term sentiment, pretty much like Bitcoin (BTC) and Ethereum (ETH). It was earlier predicted...
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
3.6.2024
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin...
Blockchain Sleuth Zackxbt Called out Floyd Mayweather on Token Scams
3.6.2024
Blockchain sleuth Zackxbt called out former boxing world champion Floyd “Money” Mayweather about his fraudulent token activities. Answering a now-deleted post on X where Mayweather promoted a Solana address for his token, Zackxbt asked if the boxer deserved a 13th chance, given...
Ripple announces plans to launch Oracles by Q2-2024
3.6.2024
Ripple builds on previous announcements by remaining true to them. It has developed a roadmap for launching Oracle services in the second quarter of 2024. This is likely to position it directly against Chainlink as a primary competitor. Interestingly, this is not the only development that...
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
3.6.2024
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty...
Ethereum Technical Analysis: Bulls Face Critical Resistance at $3,900
3.6.2024
Ethereum’s price over the past hour has been $3,785 to $3,816, showing an intraday range between $3,746 and $3,837 in the last 24 hours. The crypto’s market capitalization today stands at $458 billion, with a 24-hour trade volume of $10.75 billion. Ethereum On the 1-hour chart, ethereum...