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Valkyrie Funds Joins Race for SEC Approval as It Files Application for Spot Bitcoin ETF
22.6.2023
On Wednesday, Valkyrie Funds, a Tennessee-based asset manager offering a bitcoin futures exchange-traded fund (ETF), a defi fund, and a bitcoin mining industry ETF, filed with the U.S. Securities and Exchange Commission (SEC) for the launch of a spot bitcoin ETF. SEC Flooded With Spot Bitcoin...
Exploring the World of Rare Satoshis: Collectors Embrace the Value of Unique Bitcoin Artifacts
21.6.2023
With 13 million Ordinal inscriptions linked to the Bitcoin blockchain, enthusiasts have turned their attention to a distinct digital artifact subject known as “rare satoshis” or “satributes.” The latest trend involves collectors assigning greater worth to satoshis...
Wallet providers introduce BRC-20 token support despite market drawdown
21.6.2023
There are currently more than 34,000 types of BRC-20 tokens in circulation
3 reasons why Ethereum’s market cap dominance is on the rise
21.6.2023
Bitcoin dominance is rising, but so is Ethereum’s share of market dominance among its altcoin competitors. Cointelegraph explains why
Ordinal Inscriptions Surge Past 13 Million Amid Game-Changing Recursive Inscription Upgrade
21.6.2023
On June 20, 2023, around 9 p.m. Eastern Time, the tally of Ordinal inscriptions minted on the Bitcoin blockchain surged past 13 million. A mere five days had elapsed since the 12 million milestone was reached, indicating a persistent demand for these inscriptions that shows no signs of diminishing....
Bitcoin hits $28,000 after BlackRock files for BTC ETF
21.6.2023
On this week’s episode of The Market Report, Cointelegraph looks at the probable causes of recent Bitcoin price action, and its market dominance reaching 50% of the total crypto market cap
Crypto Exchange BIT Unveils Options Market for Cardano's ADA Token
21.6.2023
BIT's unified margin system allows ADA holders to trade options at a discount
Bitcoin, Ethereum Technical Analysis: BTC Bulls Recover SEC Related Losses, as Price Moves Near $29,000
21.6.2023
Bitcoin rallied to a six-week high on Wednesday, as price moved to the cusp of a breakout above the $29,000 level. Today’s surge sees bulls recover almost all of the losses that came after the Security and Exchange Commission (SEC) sued Binance and Coinbase. Ethereum also climbed higher...
XMR’s drop spurs interest in FTM & COLT while Caged Beasts enter the market with a ROAR!
21.6.2023
Attention, fellow crypto enthusiasts! If you’re seeking to expand and diversify your cryptocurrency portfolios, you’re at the right place for advice. As Monero (XMR) experiences a recent drop in price, savvy investors are turning their attention to side alternatives like Fantom (FTM)...
TMS Network blazing brighter than EOS & Cosmos in 2023 market gains
21.6.2023
Cryptocurrency has seen significant innovation in recent years, and it’s again gaining traction after a rough 2022. EOS, Cosmos (ATOM), and TMS Network (TMSN) are three particularly ingenious platforms to keep an eye on. TMS Network has already been significantly popular among investors...
Crypto Exchange Backed by Fidelity, Schwab, Citadel Launches With Trading of 4 Cryptocurrencies
21.6.2023
The cryptocurrency exchange backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial has launched and completed a new funding round. The platform offers the trading of four cryptocurrencies. EDX Crypto Exchange Launches EDX Markets...
NFT Sales Rise by 11% This Week as Buyers Surge 95% in Latest Data; ETH Dominates With $85.43 Million in Sales
20.6.2023
In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a total of 664,096 buyers. This Week’s NFT Sales...
Billion Dollar Crypto Payments Firm Wyre to Shut Down Amid Market Conditions
20.6.2023
Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.
The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely...
Crypto VC market flashes green amid macroeconomic recession alarms
20.6.2023
May 2023 marked the second consecutive month of crypto VC activity growth, surpassing $1 billion in funding for the first time since September 2022
Anticipation Builds as US Central Bank Eyes Two More Rate Hikes, Targeting 5.6% by Year-End
20.6.2023
After the U.S. central bank refrained from boosting interest rates last week, investors now anticipate two more hikes that may elevate the federal funds rate to 5.6% by the year’s end, climbing 50 basis points (bps) from its present level. CME’s Fedwatch tool indicated on Tuesday that...
Barney Mannerings, Co-Founder of Vega Protocol, on Crypto Derivatives and Permissionless Market Creation in DeFi | Ep. 240
20.6.2023
In an exclusive interview with cryptonews.com, Barney Mannerings, Co-Founder of Vega Protocol, talks about purpose-built blockchains for DeFi applications, the present + future of crypto derivatives, and permissionless market creation in DeFi. ...
Read More: Barney Mannerings, Co-Founder of Vega...
Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High on Tuesday, Rising Above $27,000
20.6.2023
Bitcoin rose above $27,000 for the first time in two weeks, as price broke out of a key resistance level on Tuesday. Bullish sentiment continues to make a gradual return, following recent market weakness. Ethereum remained over the $1,700 level during today’s session. Bitcoin Bitcoin rose...
VC Chamath Palihapitiya Warns of Chaos in the Equity Market Due to Debt Issues
20.6.2023
Chamath Palihapitiya, CEO of VC company Social Capital, has warned about a looming crisis in equity markets due to the issuance of low-interest debt. According to Palihapitiya, this might be the “biggest business secret hiding in plain sight right now,” as many companies won’t...
TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins
20.6.2023
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...
Bitcoin reaches 50% market dominance for first time in 2 years
20.6.2023
Blackrock’s spot ETF filing and the Securities and Exchange Commission's crackdown on crypto are driving investors toward Bitcoin