Bitcoin and altcoins fail to rally even as US inflation cools down
For years, analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why.
Posts published on June 28, 2024 go to media archive 2/4
Analyst Warns Of Bitcoin Breakdown Below Key Psychological Level, Says $40,000 Is Possible
Bitcoin is at a crossroads after getting rejected at $62,000. Unsurprisingly, this has led to clashing sentiment in the market, with the bulls and bears engaged in an intense tug of war. But while bulls remains vocal, the bears have come out of the…
Bank of America Forecasts Gold Reaching $3,000 in the Next 18 Months
Earlier this week, Bank of America analysts revealed that gold might reach $3,000 in the next 18 months, pushed by central bank demand and a Federal Reserve dovish turn. “Achieving this would require non-commercial demand to pick up from…
Hamster Kombat destined for Guinness World Record?
Hamster Kombat claims to be the third-fastest app in history to reach 150 million users. Here’s what you need to know about the viral Telegram-based game.
US presidential debate inexplicably omits AI and quantum
Other terms that went unmentioned were cryptocurrency, blockchain, central bank digital currency, deepfake and election security.
SEC Charges Consensys With Violating Federal Securities Laws
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys Software Inc., accusing the blockchain firm of violating federal securities laws by failing to register as a broker and engaging in unregistered securities…
Central Bank of Bolivia Unbans Bitcoin From the Nation’s Financial Ecosystem
The Central Bank of Bolivia has lifted a blanket ban on using bitcoin and other cryptocurrencies in the national financial system, opening the doors for integrating exchanges and other crypto service providers into its economy. The institution…
SEC sues Consensys over MetaMask’s brokerage, staking services
The U.S. SEC claims Consensys has been operating as an unregistered broker through MetaMask.
BREAKING: 21Shares Joins Race To Launch Spot Solana ETF
In a significant development for the cryptocurrency industry, investment firm 21Shares filed an S-1 registration form for a Spot Solana ETF with the US Securities and Exchange Commission (SEC) on Friday. The 21Shares application follows a similar…
How Bitcoin Mining is Becoming a Sustainable Hub for BTC Adoption: GoMining Ecosystem Outlook
Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout
Solana (SOL), a cryptocurrency renowned for its fast transaction speeds, might be on the verge of a significant comeback. Technical analysts are drawing parallels between the current price chart and a previous pattern that preceded a substantial…
Toncoin gains regulatory approval to trade in Kazakhstan
The approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA and others.
SEC Sues Consensys Over MetaMask Staking, Broker Allegations
The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that "engaged in the offer and sale of securities" and that its staking…
Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto
VanEck and 21Shares' applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November.
21Shares files application for spot Solana ETF
The proposed fund would be called the 21Shares Core Solana ETF and would not participate in staking SOL.
Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 gigawatts (GW). Bitdeer…
Nostra CEO steps down just days after token launch
David Garai is stepping down as CEO of Nostra Finance two weeks after the launch of the NSTR token. Richard Thomas-Pryce will take over the company.
US Spot Bitcoin ETFs Draw $11.8M Thursday, Bitwise’s BITB Led the Pack With $8M
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $11.8 million on Thursday, marking the third consecutive day of inflows. Bitwise’s BITB fund topped the list, bringing in $8 million during the trading sessions. Demand for Bitcoin…
Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power
The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked with enforcing.
Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store
The price of bitcoin has dipped about 15% during the second quarter.
Will Bitcoin Continue Dumping? This Analyst Thinks So, Here’s Why
Bitcoin is consolidating, struggling for gains, and looking at price action in the daily chart. Even with the rejection of lower prices, the coin has yet to follow through, decisively reversing losses of June 24. Should Bitcoin Traders Brace For…
Supreme Court Decision Overturns Chevron: A Victory for Judicial Authority and Bitcoin
In a landmark decision on June 28, 2024, the Supreme Court of the United States, by a 6-3 vote, overruled the longstanding Chevron doctrine, fundamentally reshaping the landscape of administrative law and judicial review. The case, Loper Bright…
Elections Across Europe Won't Hinder Bloc's Crypto Ambitions
France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.
WienerAI Presale Hits $6.5M as AI Coins and Meme Coins Continue to Surge
BTC price support ‘thinning’ below $60K, while Bitcoin ignores cool PCE
BTC price performance offers little inspiration through the latest U.S. macro data, but concern is brewing among Bitcoin analysts over $60,000 support.
T-Rex Group Files for Leveraged ETFs Targeting Microstrategy’s Bitcoin-Heavy Portfolio
T-Rex Group has filed for exchange-traded funds (ETFs) that aim to leverage the daily performance of Microstrategy Incorporated (MSTR). The proposed ETFs will take 2x long and 2x inverse positions in MSTR, magnifying its daily stock performance by…
Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery
Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish…
Julian Assange Bitcoin donation shows how crypto can support transparency
The Bitcoin community came to Julian Assange’s aid, helping ensure the WikiLeaks founders’ safe and debt-free return to Australia.
DePIN Can Rebuild the Grid From the Bottom Up
As the U.S. electricity grid struggles with wide scale outages, crypto-powered demand response programs can save customers billions. These decentralized generative energy networks (or DeGEN) offer services valuable to customers and governments alike.
Social engineering attack, explained
Explore various types of social engineering attacks and find out how these manipulative strategies exploit trust and vulnerabilities, leaving victims vulnerable to financial loss.