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Price analysis 6/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
14.6.2024
Bitcoin and several altcoins are getting sold into rallies, increasing the risk of a downside breakdown
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
14.6.2024
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further analysis reveals that since May 13, approximately $7.05...
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
14.6.2024
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by Paradigm and Cyber.fund, which will be used...
Ether notches 2nd biggest hodler buying day in history
14.6.2024
Demand for Ether from long-term holders rocketed on June 12 as the price fell below $3,500, just before the SEC’s Gary Gensler gave a forecast for spot Ether ETF approval
Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler
13.6.2024
U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday
TON flips ETH in daily active users, but that’s not the full picture
13.6.2024
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s
World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’
12.6.2024
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled Ethereum “digital oil” in a report. The bank emphasized the roles of these cryptocurrencies in the digital economy and their...
Co-Creator of Ethereum thrilled with layer 2 protocol OP mainnet
12.6.2024
The Co-Creator of Ethereum, Vitalik Buterin, is thrilled with layer 2 protocol OP mainnet and considers it a significant landmark. He used the occasion to showcase the many success stories of Ethereum’s upgrading services. OP Labs, the firm responsible for building the Optimism protocol,...
Price analysis 6/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
12.6.2024
Favorable CPI data have helped Bitcoin reclaim the crucial $69,000 level, signaling that a move to $72,000 is possible
Ethereum Funds reach record inflows, highest since March
12.6.2024
Ethereum investment products have received record inflows, with the latest installment being higher than those recorded since March 2024. According to CoinShares’ latest report, these funds have attracted $69 million in the past week. This increase in investment proves that the market...
MetaMask enables pooled staking for Ethereum holders
12.6.2024
MetaMask said that 99% of ETH holders do not have the required 32 ETH to participate in Ethereum staking
3 metrics suggest that Ethereum (ETH) price downside is not over
11.6.2024
Ethereum price has had a rocky week and data suggests that more downside could be on the way
Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users
11.6.2024
Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform, customers can purchase bitcoin (BTC) and ether (ETH), a feature previously available...
Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
11.6.2024
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces...
Spot Ethereum ETF suppliers await SEC’s version on S-1 filings
11.6.2024
Expectant spot Ethereum ETF suppliers await the SEC’s view-point on their S-1 filings, following them forwarding their initial drafts on the 31st of May, 2024. The suppliers were under the impression that the SEC will offer their view-point about their sent drafts by the 7th of June. However,...
Price analysis 6/10: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
10.6.2024
Bitcoin and several altcoins are likely to be influenced by the upcoming macroeconomic events this week
Reasons to back Ethereum in June
10.6.2024
The crypto segment has a collective market cap of $2.53 trillion when writing this article. It is dominated by Bitcoin (BTC), with a share of 54.1%. Ethereum (ETH) follows with a share of 17.45. Should it receive more support, chances are Ethereum would fetch better returns and possibly a larger...
Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance
10.6.2024
Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $3,677, reflecting a daily range of $3,654 to $3,714. Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price...
Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
8.6.2024
On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process....
Impact of shifting SEC policy on ETH ‘yet to be seen’ — Consensys SC
7.6.2024
Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC