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Price analysis 6/17: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
17.6.2024
Bitcoin is facing intense selling pressure, but charts suggest strong support at $64,500 and again at $60,000
Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin
17.6.2024
The company revealed that its also running Bitcoin and Lightning network nodes
Resolving the Liquidity Dilemma: Orderly Network’s Next-Gen Trading Infrastructure Elevates DeFi Efficiency with Institutional-Grade Liquidity
17.6.2024
By enhancing liquidity, simplifying the user experience, and supporting diverse trading solutions, an omnichain trading infrastructure like Orderly Network is transforming the DeFi landscape and paving the way for widespread adoption. While the total value of decentralized finance (DeFi) approaches...
Cumberland Earns Bitlicense, Bolstering Institutional and OTC Crypto Services
17.6.2024
According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial Services (NYDFS). Cumberland DRW Secures Bitlicense Cumberland, a trading desk that provides institutional...
Bitcoin price 'clusters' hint at more downside: Is BTC about to lose $64K support?
17.6.2024
Bitcoin could fall below $64,000 before entering the "parabolic phase" of the current bull cycle
Fed President Kashkari Finds Bank of America’s December Rate Cut Prediction Reasonable
17.6.2024
Minneapolis Federal Reserve President Neel Kashkari addressed Bank of America’s prediction for a potential Fed interest rate cut this year in an interview with CBS News on Sunday. Bank of America predicts that the Fed will cut rates once this year, likely in December. “I think...
President Bukele suggests set up a bank for Bitcoin investors
17.6.2024
President Nayib Bukele of El Salvador has suggested the setting up of a privately operated bank for exclusively addressing the financial requirements of Bitcoin investors. The aim is to make it differ from the services rendered by normal banks. According to the Ambassador to the US, Milena...
BTC price risks $62K dip as Bitcoin sellers return to exchanges
17.6.2024
Bitcoin exchange inflows increase with little relief in sight for those eyeing a BTC price renaissance
Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime
17.6.2024
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining...
Lawmakers & blockchain innovators to meet for bitcoin reflection
17.6.2024
Congressman Ro Khanna is initiating a meeting to reflect on the stand of the US towards bitcoin and blockchain. In attendance will be the US lawmakers, as well as the big-time players involved in the innovation of blockchain technology. This is slated for sometime in July and will witness...
PlayDoge Meme Coin Hits New Heights with $4.5M Presale Raise, Analyst Forecasts Big Gains
17.6.2024
PlayDoge (PLAY) is cementing itself as one of the most anticipated new meme coin launches this year. The retro Play-to-Earn project has blown past the $4.5 million milestone in presale. And with that early backing, some analysts believe PLAY could be in line for sizable gains once listed on DEXs....
Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck
17.6.2024
The Australian Securities Exchange (ASX), which accounts for 90% of Australia’s equity market, has approved its first spot-bitcoin {BTC} exchange-traded fund (ETF), according to a blog from the issuer VanEck
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
17.6.2024
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...
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...