118 / 339 Relevant items tagged with #CRYPTO
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Big Friday Crypto Selloff Pulls Bitcoin Below $70K
[Jun 7, 2024 12:55 PM] Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.
European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead
[Jun 7, 2024 12:37 PM] The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing operations, the marginal lending facility, and the deposit facility. President Christine Lagarde emphasized that future…
Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000
[Jun 7, 2024 12:00 PM] US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March. According to…
Crypto Exchange Bybit Announces Trading Support for Overseas Chinese
[Jun 7, 2024 11:20 AM] Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of a strategy to draw new users while navigating the complexities of global regulatory scrutiny…
Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years
[Jun 7, 2024 10:44 AM] Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that not many countries have made progress…
Gamestop-Related Meme Coins Surge With Roaring Kitty Up 161%, GME Token Up 80%
[Jun 7, 2024 10:10 AM] Gamestop and Wall Street Bets-related meme coins are experiencing a significant rise on Friday, with many achieving double and triple-digit increases. The token roaring kitty (KITTY) climbed 161%, while GME is up 80% over the past day. Keith Gill…
Coingecko Data Breach Affects Nearly 2 Million Users
[Jun 7, 2024 9:15 AM] Coingecko experienced a data breach on June 5, compromising the personal information of nearly 2 million users. The breach occurred through its third-party email platform, Getresponse. Third-Party Email Platform Breach Hits Coingecko On June 5…
Semler Scientific Expands Bitcoin Holdings, Acquires 247 More BTC
[Jun 7, 2024 8:40 AM] Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6…
ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000
Customers Bank Said to Debank Some Digital Asset Hedge Funds
[Jun 7, 2024 8:07 AM] The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention
[Jun 7, 2024 7:54 AM] Over 100 former federal prosecutors and federal agents have asked the U.S. State Department to intensify its efforts to secure the release of Tigran Gambaryan, a U.S. citizen and Binance employee, from custody in Nigeria. In a letter addressed to…
American Securities Association Sues SEC Over Lack of Transparency in Enforcement Actions
[Jun 7, 2024 7:31 AM] The American Securities Association (ASA) filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday for failing to comply with the Freedom of Information Act (FOIA). The ASA seeks to compel the SEC to disclose records…
Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January
[Jun 7, 2024 6:52 AM] Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased by 183,253 BTC, valued at nearly $13 billion. Roughly 90.95% of this bitcoin withdrawal originated from…
Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein
[Jun 7, 2024 6:02 AM] The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.
Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames
[Jun 7, 2024 5:50 AM] Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9%…
What is Elliott Wave Theory, and how to use it in crypto?
[Jun 7, 2024 3:25 AM] Elliott Wave Theory offers a method for analyzing market cycles and predicting price movements in the crypto market.
Crypto On Watch: Will ECB Rate Cut Fuel Bitcoin Rally?
[Jun 7, 2024 3:00 AM] Bitcoin prices are set to surge following the European Central Bank’s (ECB) decision to initiate its first interest rate cut in five years yesterday. The unanimous vote by all 20 national representatives slashed rates by 0.25%, marking a…
Buy Now, Crypto Bull Market Returns, Says Arthur Hayes
VanEck Predicts Explosive Ethereum Growth: Could ETH Reach $2.2 Trillion?
[Jun 7, 2024 12:11 AM] Ethereum, the world’s second-largest cryptocurrency, is poised for a meteoric rise, according to a new analysis by VanEck, a leading asset management firm. The report predicts that Ethereum could reach a valuation of $2.2 trillion by 2030…
Tether, Nodo Partner to Drive Stablecoin and Bitcoin Education in Africa
[Jun 6, 2024 11:36 PM] Stablecoin issuer Tether has partnered with Nodo to educate prospective African users about the use cases of stablecoins and facilitate transactions with the former’s digital asset. The six-month campaign will include Ask Me Anything (AMA)…
Uzbekistan’s Islamic Authority Retracts Fatwa Against Cryptocurrency, Issues Apology
[Jun 6, 2024 10:22 PM] Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies impermissible. This declaration, which stated that cryptocurrency trading violated Sharia law, was mistakenly released…
‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters
Maker Metrics Under The Microscope: Clues To MKR’s Price Path Ahead
[Jun 6, 2024 8:00 PM] Amidst the crypto market resurgence, the smart contract platform Maker and its native token MKR have experienced a challenging period, with MKR demonstrating a consistent downtrend after reaching a yearly high of $4,070 in April, plummeting to as…
Hulk Hogan denies memecoin shilling posts on X — ‘not from me’
[Jun 6, 2024 7:40 PM] The former pro wrestler said the now-deleted posts promoting a token that dumped within hours of launching weren't from him.
Worldcoin Agrees to Temporarily Stop Operations in Spain
[Jun 6, 2024 7:32 PM] Worldcoin, the biometric proof-of-personhood identification protocol, has agreed to temporarily stop its operations in Spain. According to statements from the Spanish privacy watchdog AEPD, the company committed to stop its data collection…
Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued
[Jun 6, 2024 6:20 PM] Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of…
Robert Kiyosaki Says His Prediction of Bitcoin Hitting $350K in August ‘Is Not a Lie’ — Also Bullish on Ethereum and Solana
Injective Market-Shaking News Drives INJ Price Up By 7% – Details
[Jun 6, 2024 5:00 PM] Injective, a Layer 1 (L1) protocol, emerged as one of the standout performers in the crypto market on Thursday, with its native token INJ experiencing a substantial 7% surge within the past 24 hours. Accompanying this surge, the protocol’s…