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The inspirational success story of an Australian Bitcoin miner
17.6.2024
The recent price hike can be attributed to the capability of Iren Energy to run NVIDIA’s AI chips in its data centers. It is expected that Iren will tap the infinite potential of the AI gold rush. Iren has data centers in British Columbia and Texas and they are backed by renewable energy sources....
Ethereum poised to 50% surge this year against Bitcoin — Fractal analysis
17.6.2024
The ETH/BTC trading pair is forming a classic bullish reversal pattern similar to the one from 2019-2021, which led to 140% price gains for Ethereum
Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest
17.6.2024
Zksync’s token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency’s market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market...
Bitcoin Runes racks up over 2500 BTC in fees under 2 months
17.6.2024
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving
Ethereum Technical Analysis: ETH Faces Mixed Signals Amid Short-Term Downtrend
17.6.2024
On June 17, 2024, ethereum is priced at $3,521, fluctuating between $3,495 and $3,645 over the past 24 hours. Ethereum On the 1-hour chart, ethereum’s (ETH) recent high is $3,652, and the low is $3,484. The trend has been bearish following the peak on June 21, characterized by increased...
XLink onboards Fireblocks, Ancilia to prevent another $10M hack
17.6.2024
The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys
Bitcoin Technical Analysis: BTC Endures Persistent Downward Trend Amid High Volatility
17.6.2024
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels. Bitcoin Bitcoin’s 1-hour chart reveals a clear...
Bitcoin mining could trigger a bull run for BTC
17.6.2024
Bitcoin ($BTC) is driven by several factors. It includes the decision of the Federal Reserve to cut rates, risk appetite of investors, Halving, and ETF offerings. One factor that has majorly remained hidden in the flood of headlines is Bitcoin mining. The community speculates that it could help...
First Mover Americas: Crypto Majors Subdued After Fed's Hawkish Stance
17.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Corporate adoption is in ‘amateur league’ despite Bitcoin ETFs
17.6.2024
Corporations could pave the way towards more mainstream crypto industry trust, according to the co-founder of Trust Square
Ethiopian Airlines Partners With Blockchain-Based Loyalty Rewards Firm Loyyal
17.6.2024
Ethiopian Airlines Group has partnered with Loyyal to leverage the latter’s blockchain infrastructure for its customer loyalty program. The partnership, which is earmarked for Ethiopian Airlines’ Shebamiles members, enables them to earn rewards daily, driving further engagement and loyalty....
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
17.6.2024
Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC
Singapore’s National Goalkeeper, Hassan Sunny, Appointed as Chief Security Officer for HTX Global and TRON
17.6.2024
Singapore’s national goalkeeper, Hassan Sunny, has been appointed as the Chief Security Officer and spokesperson for HTX Global and TRON. The announcement was first made by Justin Sun on social media. Drawing parallels between Sunny’s role on the football field and his new position, Sun expressed...
U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan
17.6.2024
Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said
Australian Securities Exchange (ASX) Approved Listing Its First Bitcoin ETF
17.6.2024
Vaneck, a global investment firm, has announced the launch of the Vaneck Bitcoin ETF (VBTC), the first Bitcoin exchange-traded-fund on the Australian Securities Exchange (ASX). Set to commence trading on June 20, 2024, the ETF is touted as the most cost-effective Bitcoin fund exposure in Australia....
Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange
17.6.2024
The Financial Services Agency (FSA) of Japan issued a warning to Lbank Exchange, an overseas cryptocurrency platform, for operating without registration. Lbank, which ranks 56th in trading volume according to Coingecko, has been offering services to Japanese residents despite reportedly having...
$66K BTC price now 'critical' — 5 things to know in Bitcoin this week
17.6.2024
Bitcoin flirts with the lower end of the stubborn BTC price trading range as traders strain to see signs of change
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
17.6.2024
Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of an Australian crypto startup. The co-founder expressed optimism that the Australian Securities...
Putin Criticizes U.S. Dollar’s Lack of Gold Backing, Calls for Alternative Payment Systems
17.6.2024
Russian President Vladimir Putin criticized the United States for its abandonment of the gold standard, remarking in a Sputnik-released video that the U.S. dollar is now a trust-based currency without tangible backing, a decision underscored by the absence of gold equivalence. This critique arrives...
Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
17.6.2024
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their...