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New Meme Coin to Watch: Hype Builds Over PlayDoge as ICO Crosses $5M Milestone
24.6.2024
In a crypto market filled with meme coins, one dog-themed token is turning heads (and filling wallets). PlayDoge (PLAY), the virtual pet sensation, has just passed the $5 million mark in its ICO. And early investors are now wondering if they’ve stumbled on the next big thing in crypto gaming....
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
24.6.2024
Riot is Bitfarms' largest shareholder, owning 14.9% of the firm
Over $122M Bitcoin longs liquidated as BTC falls below $61K
24.6.2024
The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark
Ethereum gas prices and Bitcoin miner revenue near record lows
24.6.2024
Bitcoin mining revenue per hash also witnessed record lows, and the impact of the recent halving event is visible in the trend. The median price of gas has sharply dropped, and Ethereum is currently experiencing slight inflation and a slow burn rate. Recently, miners’ revenue has shown...
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Bitcoin miner Hut 8 lands $150M investment amid AI boom
24.6.2024
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing
Why are traders shorting Michael Saylor’s MicroStrategy?
24.6.2024
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?
Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
24.6.2024
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant...
First Mover Americas: Mt. Gox Repayments Worsen BTC Woes
24.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Mt. Gox to Begin Bitcoin & $BCH Rehabilitation Payments in July
24.6.2024
The defunct Bitcoin exchange Mt. Gox’s Rehabilitation Trustee, Nobuaki Kobayashi, announced today that they will begin paying their creditors in Bitcoin and Bitcoin Cash starting in July. This decision is part of a plan to compensate creditors who faced setbacks when the exchange shut down in 2014....
Kenya Concludes Worldcoin Investigation
24.6.2024
Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East African nation. The chief legal officer at Tools for Humanity confirmed that Worldcoin would soon resume registering Kenyan users. Tools for Humanity Praises...
Bitcoin Technical Analysis: Mt Gox Payment News Rattles Markets
24.6.2024
Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $61,171, bitcoin has fluctuated between $60,580 and $64,384 in the past 24 hours. BTC’s market cap is $1.21 trillion, with a trading volume of $19.12 billion, reflecting significant market...
Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan
24.6.2024
Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said
Bitcoin futures cash-and-carry trade tanks in profit; what’s next?
24.6.2024
As the selling pressure on crypto continues, Bitcoin’s market price has plummeted. Consequently, the Bitcoin futures cash-and-carry trade has also tanked. Investors prefer cash-and-carry trades in the derivatives market because they involve strategies for simultaneously purchasing and selling...
Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...
Mt. Gox to Begin Repayments in July; BTC Slides Under $61K
24.6.2024
The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack
Mt. Gox Trustee to start Bitcoin, Bitcoin Cash repayments in July
24.6.2024
After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange
Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
24.6.2024
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half
Can $60K BTC price support hold? 5 things to know in Bitcoin this week
24.6.2024
Bitcoin sentiment is taking a serious beating after BTC price weakness sees six-week lows return
User Games Zksync Airdrop, Receives Over $1.1 Million in 350 Wallets
24.6.2024
K1z4, an X user, recently revealed that they had farmed the Zksync airdrop, receiving over 6.6 million ZK tokens, valued at over $1.1 million. K1z4 specified that they had used an elaborate setup of 350 wallets with different IPs and various tools to make the bots used in this task seem more human...