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Australia's Crypto Industry Body Denounces Recent Banking Restrictions
14.6.2023
Blockchain Australia said it wants to tackle the issue "head-on by using real data," after reports that banks in the country were blocking payments to crypto exchanges
Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'
14.6.2023
Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
14.6.2023
While several theories emerged, the Binance CEO asserted that no BTC or BNB trading activity is happening behind the scenes
New Study Highlights Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate
14.6.2023
Coin Metrics researchers published a groundbreaking study on June 13, unveiling an innovative nonce analysis methodology for bitcoin mining. This research enables experts to dissect and identify the specific mining rigs responsible for contributing hashrate to the network, while also evaluating...
Bitcoin Price Prediction as US Inflation Rate Data is Announced – Is the Bear Market Over?
13.6.2023
The latest data on the US inflation rate indicates that consumer prices increased by 4% from a year earlier, marking a decrease from April's 4.9% and a significant drop from last June's 40-year high of 9.1%.
The Labor Department's consumer price index reveals that this is the smallest yearly...
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
13.6.2023
The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June...
Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins
13.6.2023
The combined market capitalization of BTC, ETH and stablecoins reached the highest since February 2021, digital asset research firm K33 Research noted
Biggest Movers: BNB Snaps Losing Streak, Surging Back Above $240
13.6.2023
BNB snapped a four-day losing streak on Tuesday, as traders moved to buy the recent dip in price. The native token of Binance fell to a six-month low to start the week, following recent sentiment surrounding the exchange. XRP also rebounded today, hitting a multi-month high. BNB BNB rebounded from...
Bitcoin price rejects CPI boost as market Fed rate pause odds near 95%
13.6.2023
Bitcoin falls back in line almost immediately after closing the weekend's CME futures gap near $26,500
Uniswap releases version 4 code, allowing for new types of liquidity pools
13.6.2023
The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community
Bitcoin gets closer to '51% attack' on altcoin market
13.6.2023
Bitcoin's market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different?
Bitcoin, Ethereum Technical Analysis: BTC Above $26,000 Ahead of US Inflation Report
13.6.2023
Bitcoin rose above the $26,000 level on Tuesday, as markets prepared for the latest U.S. inflation figures. Consumer prices for May are expected to fall to 4.1% — double the Federal Reserve’s 2% target. Ethereum remained below $1,800. Bitcoin Ahead of the upcoming inflation report...
NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains
13.6.2023
After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...
BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
12.6.2023
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities
Potential Venus Protocol Liquidation Raises Concerns in BNB Community
12.6.2023
Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
12.6.2023
Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion
Biggest Movers: ADA, ATOM Rebound on Monday, as Bulls Buy Recent Dip
12.6.2023
Cardano climbed higher to start the week, as bulls moved to buy the recent dip in price. The token dropped by over 30% over the weekend, as traders continued to react to the Robinhood delisting. Cosmos also rebounded, moving away from a one-year low. Cardano (ADA) Cardano (ADA) rebounded by nearly...
Binance.US Market Depth Declines 76% in June Following SEC Lawsuit
12.6.2023
Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit
Bitcoin, Ethereum Technical Analysis: Ethereum Nears $1,700 Breakout, as BTC Braces for Fed Rate Decision
12.6.2023
Bitcoin started the week trading marginally below the $26,000 level, ahead of a key week of economic events. The headline being the upcoming U.S. Federal Reserve meeting. Ethereum remains below $1,800 ahead of this week’s rate decision. Bitcoin Bitcoin (BTC) continued to trade around...
Former SEC Official Predicts Impending DOJ Indictment Against Binance
12.6.2023
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his experience in the SEC Enforcement Division, pointed...