[Jun 4, 2024 11:10 PM] Bitcoin, the enigmatic digital currency, is back in the spotlight as the US banking system grapples with mounting stress. While some predict a stratospheric rise to $1 million per coin, fueled by economic woes, others remain skeptical. Banking On…
[Jun 4, 2024 10:20 PM] Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil…
[Jun 4, 2024 9:40 PM] Cryptocurrency scammers recently hijacked the official Microsoft India X account, which boasts over 211,000 followers, to impersonate Roaring Kitty, the pseudonym of well-known meme stock trader Keith Gill. Microsoft India’s X account, marked…
[Jun 4, 2024 8:58 PM] Bitcoin price started a fresh increase above the $70,000 resistance. BTC is showing positive signs and might rise further above the $72,000 resistance in the near term. Bitcoin started a decent increase above the $69,500 and $70,000 resistance…
[Jun 4, 2024 8:37 PM] Ukrainian authorities have dismantled a criminal ring defrauding citizens across Ukraine, Moldova, Kazakhstan, and the European Union through deceptive call centers promising lucrative cryptocurrency investments. The National Police of Ukraine…
[Jun 4, 2024 7:33 PM] The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund, named “One Bitcoin ETF Fund of Funds Unhedged…
[Jun 4, 2024 7:00 PM] According to recent data from on-chain analytics platform CryptoQuant, in recent weeks, the Bitcoin market has witnessed a fascinating phenomenon: long-dormant BTC, untouched in wallets for up to a decade, are suddenly springing into action. This…
[Jun 4, 2024 6:21 PM] A new report by crypto exchange Bybit shows that meme coins are becoming significant components of crypto portfolios. Institutional meme coin holdings surged 226% from February to March while retail meme coin holdings spiked 478% from February to…
[Jun 4, 2024 5:11 PM] Veteran trader Peter Brandt has emphasized the symmetry in bitcoin bull market cycles, suggesting the next peak may occur in late August or early September 2025, with the price of bitcoin potentially reaching $150,000. However, Brandt remains…
[Jun 4, 2024 5:00 PM] Bitcoin (BTC), the largest cryptocurrency in the market, has once again surged past the significant milestone of $70,000. After a brief period of consolidation between $67,000 and $69,000, the price faced strong resistance at this level. However…
[Jun 4, 2024 2:48 PM] Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.
[Jun 4, 2024 2:40 PM] Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax…
[Jun 4, 2024 2:30 PM] Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. After the…
[Jun 4, 2024 1:05 PM] On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock fell 66%. In response to the…
[Jun 4, 2024 1:00 PM] With the crypto market expected to enter a bull run later this year, and Bitcoin, alongside altcoins, are already expected to be responding to it. As crypto investors eagerly await this bull run, a crypto analyst has revealed where they expect the…
[Jun 4, 2024 12:00 PM] The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s…
[Jun 4, 2024 11:30 AM] Bitcoin prices are hovering near $70,000, bouncing from a critical dynamic support line, evident in the daily chart. Even though bulls have yet to breach $72,000 and break above March 2024 highs, traders are optimistic about what lies ahead…
[Jun 4, 2024 10:00 AM] The CEO of the on-chain analytics firm CryptoQuant explained that Bitcoin’s price isn’t currently overvalued based on its network fundamentals. Bitcoin Price May Not Be Overvalued Yet Based On Thermo Cap Ratio In a new post on X…
[Jun 4, 2024 8:30 AM] Venture capitalist and billionaire investor, Chamath Palihapitiya has predicted that Bitcoin could witness an unprecedented price increase to $500,000. This ambitious forecast hinges on the potential for a bull run following Bitcoin’s fourth…
[Jun 4, 2024 8:05 AM] Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023…
[Jun 4, 2024 6:54 AM] Bitcoin long-term holder “inactivity” is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade.
[Jun 4, 2024 6:10 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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