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Analysis of Long-Term ‘Diamond Hand’ Bitcoin Holders Reveals Market Insights: Glassnode
25.6.2024
Recent data from Glassnode provides a detailed analysis of bitcoin’s long-term holders (LTH) and their impact on the cryptocurrency market. In the latest onchain report, researchers highlight key metrics and behaviors of LTHs to understand supply and demand dynamics. Bitcoin Market Trends...
Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand
25.6.2024
Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand...
Introducing FatBoy: Exciting Token Presale and Reward Opportunities Ahead
25.6.2024
PRESS RELEASE. FatBoy, the project boosting the Talking Tom concept by offering real-world rewards, is excited to announce the upcoming presale of its token, $FATTY. Initially, the only way to buy the $FATTY token will be through the official website. The token will be available to the initial...
Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs
25.6.2024
Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback...
Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
25.6.2024
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin...
Bitcoin taps $62K as 6% BTC price rebound runs into stubborn US dollar
25.6.2024
BTC price recovers from seven-week lows, but Bitcoin is not the only asset attempting to break higher
BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem
25.6.2024
BNB Chain has announced a new initiative called “Meme Heroes” to support the growth of meme coin projects. The company will allocate $900,000 for liquidity pool (LP) support, extending its commitment of $1 million to accelerate meme coin innovation on BNB Smart Chain (BSC)....
Sealana Presale Ends Today: Last Chance To Buy Tokens Are Analyst Predicts It Could 10X
25.6.2024
It’s the last chance for investors to buy Sealana ($SEAL) at presale, with the campaign ending June 25 at 6 PM UTC. The presale has been a roaring success, raising over $5 million in funding and garnering industry-wide support. Following the presale, investors will be airdropped their share...
From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin
25.6.2024
According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and Coinbase. Bitcoin Wallet Linked to German Police...
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