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Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more
7.6.2024
This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving
GameStop's Roaring Kitty posts first livestream in 3 years— price reacts
7.6.2024
The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7
Claims Against Collapsed South African Bitcoin Investment Firm Rise to $84.5 Million
7.6.2024
Claims against Mirror Trading International (MTI) have reached over $84.5 million (ZAR1.6 billion), with more than 8,000 proven creditors as of the end of April. The MTI estate still holds around $33.7 million in its accounts. Legal action is underway in multiple countries to recover withdrawals...
Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated
7.6.2024
The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to...
COPA Seeks Payment of 85% Of Costs in Craig Wright Case
7.6.2024
The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer
New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case
7.6.2024
New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis
Ethereum governance, and the downfall of celeb tokens: Finance Redefined
7.6.2024
The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community
7.6.2024
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. 70 Crypto Scam...
Are Bitcoin traders losing hope? Top traders' metric hits two-week low
7.6.2024
Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?
Big Friday Crypto Selloff Pulls Bitcoin Below $70K
7.6.2024
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto
European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead
7.6.2024
The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing operations, the marginal lending facility, and the deposit facility. President Christine Lagarde emphasized that future decisions regarding additional cuts will depend...
Bitcoin whales accumulate BTC worth a billion dollar
7.6.2024
Bitcoin ($BTC) has breached the milestone of $70,000. When writing this article, it is way above $71,000, exchanging hands at $71,156.02. This reflects a growth of 0.29% in the last 24 hours and 4.72% in the last 7 days. Moreover, it is a surge of 11.97% in a single month. Many factors are painting...
Bitcoin network transaction fees temporarily soar to nearly $52
7.6.2024
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning
Ethereum ETFs remain behind spot Bitcoin items
7.6.2024
Although the Ethereum ETFs have received consent, they remain behind spot Bitcoin items, awaiting their formal registration. In this matter, the top financial institutions such as BlackRock and Fidelity are waiting to get the consent from the Securities and Exchange Commission (SEC) for registering...
DeFi TVL reaches $192B for first time in 15 months — DappRadar
7.6.2024
The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity
Semler Scientific makes another substantial purchase of Bitcoin
7.6.2024
Semler Scientific, a medical manufacturer, has made another substantial acquisition of Bitcoin, valued at $17 million. There is a high likelihood that the company will make additional purchases. For the fresh purchase, the company intends to acquire $15 million in funding. On June 6, Semler...
Kotaku’s Weekend Guide: 6 Great Games To Play In Between Summer Game Fest News
7.6.2024
It’s officially summer season! Well, at least as far as gaming is concerned, because Summer Game Fest is here. Also, the weather is much warmer and the actual summer solstice is just a few weeks away. So yeah, I’m callin’ it summer. Read more
Discover the realm of AstarNetwork NFT with Sonova
7.6.2024
Sonova, an exclusive NFT space that is designed for collectors and active traders on the Astra network, aims to foster the development of potential NFT projects and activities that are capable of establishing sustainable ecosystems. Their innovative platform is driven by seasoned professionals...
Crypto Exchange Bybit Announces Trading Support for Overseas Chinese
7.6.2024
Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of a strategy to draw new users while navigating the complexities of global regulatory scrutiny. “This move is in response to the growing demand...
GameStop Tumbles 40% as Trading Icon Roaring Kitty Returns to Livestream
7.6.2024
Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week