First Mover Americas: Bitcoin Holds $67K, CRV Slides
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Michael Saylor’s MicroStrategy To Raise $500M To Buy More Bitcoin
MicroStrategy, led by CEO Michael Saylor, announced it will raise $500 million through a private offering of convertible senior notes. The proceeds will fund additional purchases, furthering its corporate Bitcoin accumulation strategy.BREAKING:
May crypto investments hit $1B driven by Notcoin launch — KuCoin
KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.
Microstrategy has announced its intention to offer $500 million of convertible senior notes due 2032 in a private offering, subject to market conditions. The company also expects to grant the initial purchasers an option to purchase up to an…
Toncoin (TON) Set For 40% Breakout: Buy At This Price, Says Crypto Analyst
In a technical analysis, crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11. Martinez’s analysis, delivered through detailed chart reviews published on X, provides a…
Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding Round
The Egyptian fintech startup Sahl has raised $6 million through a Series A funding round. The startup is set to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. Sahl’s…
Biden Campaign Reportedly Exploring Bitcoin and Crypto Donations
President Biden's re-election campaign is allegedly in talks to accept Bitcoin and crypto donations, according to reports. This move comes after rival Donald Trump opened up Bitcoin contributions for his campaign.JUST IN: Joe Biden's…
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an…
Aethir (ATH) Is Now Available for Trading on LBank Exchange
PRESS RELEASE. Road Town, BVI, June 13, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Aethir (ATH) on June 12…
North Korean cyberattacks on Brazilian fintech firms exposed
Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes.
ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger
Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024. This partnership aims to bring…
Bitcoin Ownership Trends: Short-Term Spike As ETFs Gain Popularity – Report
The winds of change are blowing in the Bitcoin market, bringing a fresh wave of short-term traders while veteran holders remain steadfast in their convictions. A recent report by Bitfinex Alpha reveals a fascinating dichotomy in investor behavior…
Self-custodial Bitcoin wallet Bitkit launches on app stores
Synonym's Bitkit, a self-custodial Bitcoin wallet, launches on iOS and Android, promoting user control over BTC transactions without third-party intermediaries.
Bitcoin Price’s Path To $300,000 Cleared By Massive Bullish Pattern, Says Analyst
According to an analysis shared by renowned crypto analyst Gert van Lagen, the Bitcoin price chart has illustrated a significant technical pattern in the 3-day chart (BTC/USD) that could potentially signal an upsurge to as high as $300,000. Known…
Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).
As UK Elections Approach, Crypto Industry Leaders Turn Attention to Keir Starmer, Labour Party
With U.K. opinion polls indicating a strong performance by the Labour Party in the July 4 elections, crypto executives and lobbyists are reportedly focusing their attention on party leader Keir Starmer. The crypto industry has also prioritized two…
Bitfarms pushes back against Riot’s $950M takeover attempt
Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.
Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?
Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May…
Memecoins are a ‘cornerstone’ of crypto — Galaxy’s Novogratz
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there,” but others in the crypto industry are not so confident.
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