US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022.
Cardano Price Falls Below Key Support Levels, Will It Continue To Fall?
Cardano’s native token, ADA, has been significantly affected by the recent downturn in the cryptocurrency market, experiencing a notable decline in price. Despite a recent surge of over 6% in the last 24 hours, the bearish sentiment continues to…
Security Agency Detains Nigeria’s Suspended Anti-Bitcoin Central Bank Governor
The Central Bank of Nigeria governor, Godwin Emefiele, was suspended by Nigerian President Bola Ahmed Tinubu on June 9 and was subsequently arrested by a domestic security agency. Several reports have linked Emefiele’s suspension to the…
Peter Brandt Asserts Bitcoin’s Superiority, Calls Other Crypto Assets Scams
Renowned trading professional Peter Brandt recently made waves in the cryptocurrency community with his firm belief that Bitcoin (BTC) is the only crypto asset worth considering, dismissing Ethereum (ETH) and other digital currencies as mere…
Bitcoin, Ethereum Technical Analysis: Ethereum Nears $1,700 Breakout, as BTC Braces for Fed Rate Decision
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…
Blockchain Staking Provider Chorus One Expands to Peer-to-Peer Network Urbit
Chorus One's bet on Urbit's future growth is described by executives as a natural extension of the company's staking services on blockchains including Ethereum, Solana, Cosmos and Polkadot.
First Mover Americas: VC Giant Andreessen Horowitz Looks to U.K. for Expansion
The latest price moves in bitcoin (BTC) and crypto markets in context for June 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cardano Price Slumps Further After BTC $25,000 Retest: Can Bulls Charge Back?
Cardano (ADA) has been facing a challenging market environment as the cryptocurrency weakened further amid Bitcoin’s retest of the $25,000 zone. As one of the top cryptocurrencies in terms of market capitalization, Cardano has been closely…
Why Boomers Don’t Trust Bitcoin (And How I Convince Them To Open Their Minds)
This is an opinion editorial by Dan Weintraub, an author and high school teacher who first became interested in Bitcoin while teaching economics.Trust is a funny thing. Generationally speaking, one could make the argument that it is the job of the…
Bitcoin Bearish Signal: Miners Sell At 3rd Largest Scale Ever
On-chain data shows that Bitcoin miners may have been selling at a historical rate recently, something that could be bearish for the asset’s price. Bitcoin Miner Inflow To Exchanges Has Registered A Spike Recently According to data from the…
Bitcoin to fight against European challenges — Northern Lightning founder
The Bitcoin community continues to develop tools and services that could be helpful 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
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…
CryptoSlots Celebrates Fifth Birthday with New Bonuses, a Revamped Cashback System, and World-Class VIP Treatment
PRESS RELEASE. June 12, 2023 — It’s time to pop the champagne and raise a toast, because CryptoSlots, one of the premier online casinos for crypto enthusiasts, has just turned 5 years old. Ever since its launch in 2018, CryptoSlots…
Crypto Global Bid and Ask Metric Plunged 20% Over Weekend, Points to Paper Thin Liquidity
Hyblock Capital's global bid and ask indicator plunged 20% during Saturday's altcoin crash, indicating a sharp deterioration in the crypto market liquidity.
Shiba Inu Traders Anxiously Await Shibarium Launch Date Amidst Uncertainty
Shiba Inu (SHIB) enthusiasts and traders find themselves caught in a state of uncertainty as the much-anticipated Shibarium launch date remains elusive. With the upcoming launch of Shibarium, which promises to provide a dedicated ecosystem for…
SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan
Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said.
Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan
Curve Finance founder Michael Egorov has deposited $24 million worth of Curve DAO (CRV) tokens to decentralized lending platform Aave to mitigate against liquidation risk on a $65 million stablecoin loan.
A16z Chooses London as Destination for First Office Outside U.S.
The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe.
Reddit communities unanimously decided to go private or in read-only modes between June 12 – June 14, protesting against the upcoming change that would prevent users from freely accessing APIs and tools.
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