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Bitcoin price bounces past 26K, Tradecurve hybrid exchange up 50%
12.6.2023
After a turbulent 24-hour drop to $25,000, Bitcoin managed to bounce back up to over $26,000, and investors are taking note of this price movement as it can affect the broader crypto market. While Bitcoin’s recovery is significant and important, it is not the only cryptocurrency to achieve...
Solana Foundation disputes SEC’s claim of SOL as a security
12.6.2023
Solana Foundation, a non-profit organization in Switzerland, expressed disagreement with the characterization of the United States Securities and Exchange Commission of the platform’s native token, SOL, as securities. The US regulator called Solana’s SOL, along with 11 other cryptocurrencies...
Bitcoin to fight against European challenges — Northern Lightning founder
12.6.2023
The Bitcoin community continues to develop tools and services that could prove useful as Europe grapples with conflict, migration and government overreach
Latam Insights — Volcano Energy Bitcoin Mining Project Rises in El Salvador, Venezuelan Miners Leaving Amidst Crypto Corruption Probe
12.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Volcano Energy rises in El Salvador, Venezuelan bitcoin miners flee amidst nationwide mining ban, and Argentina deepens usage of the Chinese yuan to...
Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies
12.6.2023
Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The two countries are also collaborating on implementing new financial instruments facilitating bilateral trade in their national fiats. Financial Expo Brings Together...
Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
12.6.2023
People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote....
If Microstrategy Chose ETH Over BTC, the Firm Would Be up 54% and Ahead by More Than $2B, Data Reveals
12.6.2023
At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy, a publicly-listed company, had 140,000 bitcoin (BTC) on its balance sheet. Despite this impressive figure, a data analyst at blockchaincenter.net compiled metrics that reveal the company’s investment has decreased in value...
LADYS rapidly crashing. Is this why utility-dense tokens are solid alternatives?
11.6.2023
What started as a good run for Milady in the market has now ended. Analysts who have been tracking market data have noticed that meme coin has been declining steadily and is no longer maintaining its momentum. As a result, many Milady holders are switching to another meme coin which has been...
Nvidia hits trillion-dollar milestone: Render Token & InQubeta rises amid AI interest surge
11.6.2023
The AI market is becoming more valuable by the day as many technology experts are shifting their attention to AI software. Crypto enthusiasts and experts have begun recognizing the value of investing in AI technology. Many cryptocurrencies are taking advantage of this interest to create ecosystems...
SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days
11.6.2023
It has been six days since Binance faced a lawsuit from the U.S. Securities and Exchange Commission (SEC), and five days since Coinbase encountered a similar legal challenge. In the wake of these events, a substantial amount of bitcoin and ethereum has been withdrawn from exchanges, with data...
Arbitrum holding support well, Avorak Beta likely signaling a trade
11.6.2023
Among the stable cryptocurrencies amid the volatile digital space is Arbitrum, as it holds on to its support level. The Ethereum layer 2 scaling solution has been performing well, and investors are leveraging this digital asset to make profits. Moreover, Avorak Beta offers an in-depth analysis...
Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
11.6.2023
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different...
U.S. Senator Lummis revamps efforts for crypto regulations amid SEC lawsuits
11.6.2023
The regulatory framework will allow individuals and companies to own and trade digital assets in America
European Consumer Organization Calls for Curbing Crypto Promotion on Twitter, Tiktok
11.6.2023
BEUC, the European Consumer Organization, has urged Brussels to clamp down on the promotion of crypto assets on social media. The umbrella group calls for implementing stricter advertising rules on major platforms like Twitter and Tiktok as well as preventing influencers from misleading investors....
Hong Kong legislator invites Coinbase to the region amid SEC scrutiny
11.6.2023
Hong Kong fosters a favorable environment for industry growth amid its active regulation and dedication to becoming a digital hub
Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer
11.6.2023
On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%, indicating that the recent dominance gains made by these...
Latam crypto holders flock to Bitget following Binance, Coinbase suits
10.6.2023
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits
AI Chatbots Weigh In: Is Bitcoin Poised to Become a Global Reserve Currency?
10.6.2023
While some people believe that bitcoin (BTC) could become a global reserve asset, others are skeptical. Rather than relying on human subjective valuations and biases, we conducted an experiment to let artificial intelligence (AI) determine whether bitcoin could become a global reserve currency....
Pepe fades out of relevance, & activity has dropped by 80%, but DigiToads gets started
10.6.2023
There’s a lot that has been keeping the crypto market abuzz, and on top of the list is the declining popularity of Pepe. Not too long ago, the meme coin was among the best cryptocurrency to buy in the market, but its bull run has finally ended. According to market reports, analysts see Pepe...
AI shapes crypto future: A spotlight on Bittensor and InQubeta presale
10.6.2023
Innovation and technological advancements are constantly reshaping the crypto space. As the possibilities of artificial intelligence (AI) expand, it is becoming increasingly clear that it holds tremendous potential to revolutionize how we interact with digital assets and blockchain networks....