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Big Friday Crypto Selloff Pulls Bitcoin Below $70K
7.6.2024
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto
European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead
7.6.2024
The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing operations, the marginal lending facility, and the deposit facility. President Christine Lagarde emphasized that future decisions regarding additional cuts will depend...
Crypto Exchange Bybit Announces Trading Support for Overseas Chinese
7.6.2024
Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of a strategy to draw new users while navigating the complexities of global regulatory scrutiny. “This move is in response to the growing demand...
Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years
7.6.2024
Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that not many countries have made progress using these digital currencies, but he believes this...
Crypto mining regulation rules St. Petersburg International Economic Forum
7.6.2024
At this year’s St. Petersburg International Economic Forum (SPIEF), the regulation of cryptocurrency mining emerged as a central theme, capturing the attention of policymakers, industry leaders, and economic experts from around the world. As digital currencies continue to gain prominence,...
Gamestop-Related Meme Coins Surge With Roaring Kitty Up 161%, GME Token Up 80%
7.6.2024
Gamestop and Wall Street Bets-related meme coins are experiencing a significant rise on Friday, with many achieving double and triple-digit increases. The token roaring kitty (KITTY) climbed 161%, while GME is up 80% over the past day. Keith Gill Speculation Drives Roaring Kitty and GME Tokens...
Coingecko Data Breach Affects Nearly 2 Million Users
7.6.2024
Coingecko experienced a data breach on June 5, compromising the personal information of nearly 2 million users. The breach occurred through its third-party email platform, Getresponse. Third-Party Email Platform Breach Hits Coingecko On June 5, 2024, Coingecko detected unusual activity on...
Semler Scientific Expands Bitcoin Holdings, Acquires 247 More BTC
7.6.2024
Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6, the company’s total bitcoin holdings stood...
ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000
7.6.2024
Blackrock, the world’s largest asset manager, now holds more than 300,000 bitcoins following $217.7 million in positive inflows from all of the U.S. spot bitcoin exchange-traded funds (ETFs). Thursday’s inflows marked the 18th consecutive day of gains for the bitcoin ETFs. Bitcoin...
Customers Bank Said to Debank Some Digital Asset Hedge Funds
7.6.2024
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said
Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention
7.6.2024
Over 100 former federal prosecutors and federal agents have asked the U.S. State Department to intensify its efforts to secure the release of Tigran Gambaryan, a U.S. citizen and Binance employee, from custody in Nigeria. In a letter addressed to Anthony Blinken, the 108 ex-government employees...
American Securities Association Sues SEC Over Lack of Transparency in Enforcement Actions
7.6.2024
The American Securities Association (ASA) filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday for failing to comply with the Freedom of Information Act (FOIA). The ASA seeks to compel the SEC to disclose records related to its “recordkeeping sweep...
Sky Mavis recovers $5.7M from Ronin Bridge hack
7.6.2024
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury
Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January
7.6.2024
Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased by 183,253 BTC, valued at nearly $13 billion. Roughly 90.95% of this bitcoin withdrawal originated from cryptocurrency exchange reserves. Exchanges and Miners...
Robinhood’s Bitstamp Deal is Strategic and Brings Added Institutional Exposure: Bernstein
7.6.2024
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said
CoinGecko confirms email provider data breach, over 23,000 phishing emails sent
7.6.2024
The email platform's security breach occurred due to a compromised employee account
Solana-memecoin 'GME' explodes 150% ahead of Keith Gill's YouTube return
7.6.2024
GME memecoin may see a significant correction, similar to the dramatic drop Dogecoin experienced following Elon Musk's appearance on SNL
Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames
7.6.2024
Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9% this week, 5.6% over the past two weeks, and 14.4%...
Franklin Templeton eyes new crypto fund beyond BTC & ETH
7.6.2024
Reports state that Franklin Templeton, an American investment company managing over $1 trillion in assets, is allegedly considering venturing into cryptocurrency markets other than Bitcoin. Unnamed inside sources have revealed that Franklin Templeton is exploring the possibility of launching a...
Crypto hacks increase in 2024, but smart contracts are not to blame
7.6.2024
Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks