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Iceland’s crypto industry has promising future, but faces energy challenges
25.6.2024
Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets
Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday
25.6.2024
At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC...
Veterans of Mech Warrior 2, Gears of War and Mortal Kombat Unveil New Beta Phase for Blockchain Game
25.6.2024
Studio369 has announced the third Closed Beta (CB3) period for its PvP mech shooter, Metalcore, set to commence on June 27th. This latest beta phase will introduce several new features, including session-based PvP scenarios, a faction war-centric PvE mission, and faction-based social hubs....
Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market
25.6.2024
After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term...
First Mover Americas: BTC Steadies, but 10% Monthly Loss Questions Nasdaq Rally
25.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham
25.6.2024
Tuesday’s movements come days after the entity shifted $425 million among wallets, with some bitcoin transferred to exchanges
Cathie Wood’s vote is cementing Trump as a ‘pro-innovation’ crypto-friendly candidate
25.6.2024
Trump’s potential reelection could mean more crypto-friendly regulation that could boost mainstream adoption
FBI Warns of Fake Firms Promising to Recover Lost Cryptocurrencies
25.6.2024
The Federal Bureau of Investigation (FBI) has alerted the public to “an emerging criminal tactic” targeting investors who have already fallen victim to cryptocurrency scams and seek to recover their lost funds. These fraudsters often claim to be authorized by the FBI, Consumer Financial...
Analyst highlights three liquidity factors influencing the BTC price
25.6.2024
Ki Young Ju, the founder and chief executive officer of CryptoQuant, has highlighted that there are a total of three liquidity factors that are affecting the price of Bitcoin ($BTC). These are stablecoins, fiat currencies, and spot ETFs. BTC is currently down to around $61,000, and there are rising...
German Government Moves 900 Bitcoin to Coinbase and Kraken
25.6.2024
The German government amassed an impressive portfolio of 50,000 Bitcoin after seizing it from pirated movie site operators in January. Amid the recent drop in BTC’s price, the government strategically offloaded some of its holdings over the past week to various exchanges, signaling a possible...
Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein
25.6.2024
Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said
Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
25.6.2024
The payments firm now operates in over 100 countries and territories globally
Bitcoin exchange balances 'overrated?' 140K BTC Mt. Gox payout sparks debate
25.6.2024
Bitcoin exchange balances are not a go-to yardstick for BTC price strength, one commentator argues as others dismiss the latest Mt. Gox fears
German gov’t offloads 900 Bitcoin, with 400 BTC sent to Coinbase and Kraken
25.6.2024
The added selling pressure from the German government could tank Bitcoin price below the key $60,000 mark
Former Soccer Star Ronaldinho: Time for Crypto to Go Mainstream
25.6.2024
In a now-deleted message posted on June 23 on X, former Brazilian soccer superstar Ronaldo de Assis Moreira, known as Ronaldinho, declared his support for crypto, stressing that it was time for this industry to reach more people. Ronaldinho stated: “Time for crypto to go mainstream, who’s...
Mt. Gox Redemption Fears ‘Overblown’ Say Traders as $10B BTC Holdings Draw Concerns
25.6.2024
The defunct crypto exchange’s trustees said Monday they are preparing to start distributing bitcoin (BTC) stolen from clients in a 2014 hack in the first week of July
Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
25.6.2024
BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
25.6.2024
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months
BlockDAG’s $53.2M presale success and Crypto Trainer’s nod revolutionize market as XRP whales stir and Bitcoin Cash ascends!
25.6.2024
The crypto world is abuzz as BlockDAG, a rising star in blockchain technology, notches a staggering $53.2 million in its presale, bolstered by the enthusiastic endorsement of popular YouTuber, ‘Crypto Trainer.’ This surge in interest is set against a backdrop of market fluctuations...
Bitcoin Holds $61K After a Brief Nosedive
25.6.2024
Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox's upcoming bankruptcy redemptions, and miner sales