Price analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.
Posts published on June 5, 2024 go to media archive 3/5
Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters
The case relates to the delisting of the BSV token in 2019.
Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols
"Once you get hacked in most of the cases you're done," CEO Dadosh said. "And this is what we're trying to prevent."
Meme Coin TROG Boosts Donald Trump’s Crypto Holdings to $31M
After less than a week, the 45th U.S. President Donald Trump has seen his cryptocurrency portfolio double in value. As the 2024 presidential candidate, he now holds $31.23 million in assets, thanks to a wave of donations. Trump’s Crypto…
What is Bitcoin? You don’t know and you can’t explain it!
Bitcoin is digital gold.Bitcoin is an inflation hedge.Bitcoin is money.Bitcoin is a technology.Bitcoin is software.Bitcoin is hope.Bitcoin is an electrical system.Bitcoin is a heating system.The reality is that all of them are wrong, in the sense…
A More Than $1T Bitcoin DeFi Opportunity
Decentralized finance is coming to Bitcoin – and it could be huge.
The Blockspace Singularity
One of crypto's biggest flaws – a lack of mainstream use – could be going away.
Largest Bitcoin mining firm sold 63% of mined BTC in May
Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjusted operations after the halving event.
Spot Ether ETF approvals will ‘take some time’ — Gary Gensler
The SEC Chair spoke on CNBC on June 5, suggesting the commission could delay approving S-1 registration statements for exchanges listing spot Ether ETFs.
Become a Bali crypto digital nomad like me: Here’s how
Since the start of the year, I’ve been living in a cheap island paradise as a Bali crypto digital nomad. Here’s how you can too.
Did a Single Trump NFT Purchase Change Washington's Mind on Crypto?
Valentin Pletnev couldn't use his ticket for a Mar-a-Lago Trump gala, so prominent crypto figure Ryan Selkis went instead. Neither expected the U.S. policy whirlwind that followed, but even as Pletnev upgrades his DeFi platform to promote 'Yield…
Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers
DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the…
Bitcoin Like A Spring Waiting To Uncoil, Analyst Explains Why
An on-chain analyst has explained how Bitcoin is sitting like a coiled spring right now, a state the asset doesn’t usually stay in for too long. Bitcoin Short-Term Holder Sell-Side Risk Ratio Has Declined Recently In a new post on X, analyst…
Taking Bitcoin Mainstream, One Stream At A Time On Wavlake
Founders: Sam Means and Michael RheeDate Founded: 2022Location of Headquarters: Chicago,IL; New York, NY and Phoenix, AZAmount of Bitcoin Held in Treasury: N/ANumber of Employees: 3Website: https://wavlake.com/Public or Private? PrivateSam Means is…
Meme Coin Market Rises 4.6% With Presidential Meme Token BODEN Leading the Pack
With bitcoin exceeding $70,000 on Wednesday, the leading meme coins experienced notable increases over the last 24 hours. Shiba inu (SHIB) advanced 7.7% in the past day, while dogecoin (DOGE) rose 2.1%. Among the top five meme coins by market…
63 US banks on the brink of insolvency: Why Bitcoin’s next target is $100K
Bitcoin price may be closer to the big milestone $100,000 mark than many realize, as a looming banking crisis could see BTC become the new “safe haven asset.”
Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points
Lower interest rates in developed economies could be a tailwind for bitcoin prices.
Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale
The short-seller has targeted MicroStrategy previously.
Former OpenAI researcher foresees AGI reality in 2027
Former OpenAI researcher Leopold Aschenbrenner is confident that an AI lab will be able to train a GPT-4-level model in a minute in 2027, versus three months in 2023.
US Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC leading, capturing $379 million on…
CBDC privacy concerns and ‘lack of purpose’ stall progress: 4 out of 167 live
Government interest in CBDCS was a knee-jerk reaction to the popularity of crypto and the rise of private stablecoins.
Shiba Inu Burn Rate Flatlines With 99% Crash, End Of The Road For SHIB?
The Shiba Inu (SHIB) burn rate is again under the radar following a drastic decline in the number of tokens burned. This development is significant considering the impact that these token burns are known to have on the meme coin. Shiba Inu Burn…
M^0 secures $35M Series A round for stablecoin issuance network
As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet.
Switzerland takes a ‘tech neutral’ approach to AI regulations
As the world races to regulate high-level AI systems, Switzerland is taking a more “tech natural” approach focusing on sector-based use cases, while still having a major voice on the global stage.
Bitcoin Volatility Reaches Historic Low: Calm Before A 500% Bullish Storm?
Bitcoin price is back trading above $70,000 after weeks of sideways price action. The recent boredom and sideways grind, however, isn’t necessarily a bad thing. In the past, such lulls in volatility have preceded the top…
Reactions: The Bitcoin Zero-Knowledge Arms Race Begins
In case you missed it, Starkware, a company historically active in the Ethereum ecosystem, announced yesterday plans to start committing significant resources towards new Bitcoin scaling opportunities that have emerged over the past months…
US Bitcoin ETFs Saw $880M in Inflows, Highest Since March
U.S. spot Bitcoin exchange-traded funds (ETFs) saw their second-highest daily inflow ever on Tuesday, taking in over $886 million. This marks the largest single-day haul for the funds since March.NEW: 
#Bitcoin ETFs saw $886 million in inflows…
#Bitcoin ETFs saw $886 million in inflows…
Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold
HRF Grants 10 BTC To Worldwide Projects Advancing Bitcoin
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants at the Oslo Freedom Forum, per a press release sent to Bitcoin Magazine.10 bitcoin, currently worth $704,740 at the time of writing, is…
Vitalik Buterin slams celebrity memecoins
Buterin responded to a post about Iggy Azalea’s Mother Iggy token potentially leading the celebrity crypto trend toward sustainable value creation.