Bitcoin falls below $63K after BTC whale transactions drop 42%
Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has just retraced below $63,000.
Posts published on June 23, 2024 go to media archive 1/2
AI Depin Project Grass to Implement Rewards Distribution Using Solana
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…
Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC
Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.”
LBank Exchange Will List DED (DED) on June 24, 2024
PRESS RELEASE. Road Town, BVI, June 24, 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 DED (DED) on June 24…
XRP Bears In Control: Understanding the Sustained Bearish Sentiment
XRP price struggled to recover above the $0.4880 resistance zone. The price is moving lower and the bears might aim for a move toward $0.4550. XRP price faced another rejection near the $0.4880 resistance zone. The price is now trading below…
Ethereum Price Trims Gains as Bitcoin Slump Drags Crypto Market
Ethereum price struggled to climb above the $3,550 resistance and trimmed gains. ETH gained bearish momentum alongside Bitcoin and tested the $3,385 zone. Ethereum is trimming gains from the $3,550 resistance zone. The price is trading below $3,500…
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
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…
Bitcoin Price Takes a Plunge: Analyzing the Sudden Drop
Bitcoin price started another decline after it struggled near $64,550. BTC declined below the $63,500 support and might continue to move down. Bitcoin started a fresh decline from the $64,550 resistance level. The price is trading below $63,500 and…
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs.
Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others.
Dogwifhat falls out of top 50, tumbles 38% over past 7 days
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
Top 10 TON Chain Coins Reach $20 Billion in Combined Value
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…
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
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…
Binance Helps Btcturk With Hack Investigations — Freezes Over $5.3M in Stolen Funds
Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds…
Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor
Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr.
Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations
In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential…
Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929
As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidia and the burgeoning…
Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway. Many anticipate that bitcoin and the broader crypto economy might face a few uneventful weeks ahead. Onchain analyst Willy…
Bitcoin price loses ground as TON, PEPE, KAS and JASMY catch traders’ attention
TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602.
DARPA release highlights difficulty in developing quantum finance solutions
Quantum computing for finance is proving to be one of the harder problems for scientists in the field.
Layer-2 rollups must decentralize sequencers or face the consequences
Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea.
Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App
According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet…
Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims
The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market…
Donald Trump’s VP Contenders: A Look at Polymarket Odds and Favorites
With the 2024 election set for November, there’s growing curiosity about whom former President Donald Trump will select as his vice-presidential candidate. Currently, the decentralized prediction market Polymarket is featuring bets on a wide…
Exploring Crypto’s Most Expensive Assets: The 5, 4, and 3-Digit Clubs
Throughout bitcoin’s history, the leading crypto asset has traded at five digits per unit for over 28% of its time. In 2022 and 2022, bitcoin (BTC) and yearn finance (YFI) were the only two tokens trading in the five-digit range; however…
How do you put the right valuation on digital assets?
What's the best way to place a value on a cryptocurrency? Take your pick, because there are dozens of options.
Bitcoin prepping breakout with '$90K+' BTC price target — New analysis
Bitcoin faces a key weekly close as BTC price indicators keep bulls' hopes alive when it comes to new all-time highs.
MakerDAO delegate’s $11M in tokens stolen in phishing scam
The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets.
XRP 6-Year Trendline Draws To A Close, Analyst Predicts 1,400% Rally To $7.5
As the major pieces begin to fall into place, XRP may now be in a position where things are going well for its future price trajectory. While XRP enthusiasts are still reeling in amazement over Ripple’s recent win in court, a crypto analyst…