3 metrics suggest that Ethereum (ETH) price downside is not over
Ethereum price has had a rocky week and data suggests that more downside could be on the way.
Posts published on June 11, 2024 go to media archive 2/4
Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users
Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform, customers can purchase bitcoin (BTC) and…
Funding Open-Source Generative AI With Crypto
Crypto infrastructure could help address one of the biggest challenges in open source generative AI, says Jesus Rodriguez.
Can SOL reclaim $170? Two indicators scream 'buy'
SOL derivatives and the Solana network have remained stable, indicating that traders and users are not ready to give up.
Floki Name Service Is Live on BNB Chain
Floki Name Service, a decentralized domain name service by the popular meme coin, is now live exclusively on the BNB Chain mainnet. This service allows users to create a unique .floki domain name, which can be used as an on-chain identity and for…
Bitcoin Slips Under $67,000: Can BTC Rely On This Historical Support Again?
Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured…
Judge okays early approval of $2.4M deal with sports stars over Voyager
After months of proceedings, Robert Gronkowski, Victor Oladipo and Landon Cassill may see the light at the end of the tunnel for a lawsuit involving promoting Voyager Digital.
DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin
In May, the partners launched the first yield-bearing BTC ETP in Scandinavia.
Donald Trump Jr. Advocates for Father as Leading Bitcoin Proponent
Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying
Institutional investors have been accumulating Ethereum at a rapid pace after the SEC’s recent approval of Spot Ethereum ETFs. Crypto analyst Ali Martinez noted that this accumulation trend has created buying pressure that could be the…
Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade
Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate about $100 million annually to fund innovative projects that…
Ripple Labs closes Standard Custody acquisition deal
Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.
Be Warned, AI Crypto Scams Are on the Rise
A recent Elliptic report found five ways AI is being used to rob crypto users.
Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report
Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.
Will Trump Trounce Biden? Polymarket Traders Are Betting on It.
With a 56% chance of winning, according to the prediction market's traders, the former president has a 22-point lead over the incumbent, far bigger than what the polls indicate.
Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?
Bitcoin is dumping when writing, cooling off from May highs of nearly $72,000. Down roughly 10% from all-time highs, there could be more losses on the way, at least looking at the candlestick arrangement in the daily chart. Now, Willy Woo, a…
Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings
The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from Coinmetrics provide insights…
Crypto Mixers, Privacy Coins, Layer 2s Complicate Tracing for Law Enforcement, EU Innovation Hub Says
Separately, France's markets regulator said crypto remains a high risk for money laundering.
In Good Hands: Bitcoin Builds A Better Future
Bitcoin is still a young protocol by every measure. These adolescent years are arguably more formative than any other period in its short history because the stakes are already quite high for a groundbreaking project with less than two decades of…
TipLink Aims for Crypto Newcomers With Google-Powered Solana Wallet
"It unlocks the rest of the world for easy onboarding," said CEO Ian Krotinsky.
Sky Mavis wants to escape Discord, SocialFi boosts gaming revenue: Web3 Gamer
Web3 games build communities on Discord but Sky Mavis wants that to change, SocialFi is the key to increased game revenue, MetaRun review.
US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession
Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and auto insurance costs, which are key inflation drivers. They warn that prolonged high rates…
Thai SEC revokes Zipmex’s licenses after failure to comply with orders
Thailand’s finance minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February.
Solana Meme Coin SEAL Passes $4M in Presale – Last Chance Before DEX Listings
Sealana (SEAL), one of the most talked-about Solana presale tokens, has passed the $4 million funding milestone. And as the countdown begins for its highly anticipated DEX listing, investors are scrambling to buy SEAL tokens at a discount while…
SushiSwap merges DAO with ‘Labs’ model, introduces multitoken ecosystem
SushiSwap is now managed by Sushi Labs, an autonomous company that will operate under a council structure similar to Synthetix.
Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%
Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).