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Over $122M Bitcoin longs liquidated as BTC falls below $61K
24.6.2024
The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark
Ethereum gas prices and Bitcoin miner revenue near record lows
24.6.2024
Bitcoin mining revenue per hash also witnessed record lows, and the impact of the recent halving event is visible in the trend. The median price of gas has sharply dropped, and Ethereum is currently experiencing slight inflation and a slow burn rate. Recently, miners’ revenue has shown...
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Why are traders shorting Michael Saylor’s MicroStrategy?
24.6.2024
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?
Tether halts USDT minting on EOS and Algorand
24.6.2024
Tether discontinues support for the EOS and Algorand implementations of its flagship stablecoin USDT
Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
24.6.2024
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant...
Coinbase is the most impersonated crypto brand by scammers: Report
24.6.2024
Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange
RCO Finance sells 28 million RCOF tokens as investors dump WIF and BONK
24.6.2024
Amidst the current crypto market’s volatility, RCO Finance has sold over 28 million RCOF tokens as investors increasingly divest from Dogwifhat (WIF) and BONK. Fueled by the current market fluctuation and the volatility of crypto market rules and regulations, investors are shifting their...
Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...
Mt. Gox Trustee to start Bitcoin, Bitcoin Cash repayments in July
24.6.2024
After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange
Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
24.6.2024
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half
User Games Zksync Airdrop, Receives Over $1.1 Million in 350 Wallets
24.6.2024
K1z4, an X user, recently revealed that they had farmed the Zksync airdrop, receiving over 6.6 million ZK tokens, valued at over $1.1 million. K1z4 specified that they had used an elaborate setup of 350 wallets with different IPs and various tools to make the bots used in this task seem more human...
General counsel of Binance talks about her challenges in crypto
24.6.2024
Eleanor Hughes, the General Counsel of Binance, recently interacted with the media to talk about the challenges she is facing in the crypto world. She has covered the grounds under a dispute with the Nigerian authorities and strict monitoring by the US authorities. While she has not pinned...
Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin
24.6.2024
If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million
AI Depin Project Grass to Implement Rewards Distribution Using Solana
24.6.2024
Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according...
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
24.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet...
Dogwifhat falls out of top 50, tumbles 38% over past 7 days
24.6.2024
Dogwifhat saw the steepest 7-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
24.6.2024
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered...
Top 10 TON Chain Coins Reach $20 Billion in Combined Value
24.6.2024
Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market...
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
24.6.2024
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary...