7 Jun 2024:
Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant
Saudi Arabia has officially joined the Bank for International Settlements' (BIS) central bank digital currency (CBDC) project mBridge as a full participant. Read more
Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs
Bitcoin's price fell after nearing $72,000, but upcoming U.S. data releases and global rate cuts may drive it to new all-time highs. Read more
US Treasury: AI Brings Huge Opportunities, Risks to Financial Stability
The US Treasury highlights both the significant opportunities and potential risks to financial stability brought by artificial intelligence (AI). Read more
Here’s What Happened in Crypto Today
Stay updated with the latest trends and events impacting Bitcoin, blockchain, DeFi, NFTs, Web3, and crypto regulation. Read more
Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War
Cathie Wood's Ark Invest has withdrawn from the race to create a spot Ether ETF, likely due to the anticipated intense fee competition. Read more
First Mover Americas: Bitcoin Fluctuates Around $71K, Consolidating This Week's Rally
Bitcoin's price fluctuates around $71,000, consolidating its recent rally as the crypto markets react to various factors. Read more
Will Bitcoin Fall Below $70K After $2.2B Options Expiry?
The imminent expiry of $2.2 billion in Bitcoin options could impact its price, but inflows from U.S. spot BTC ETFs may help absorb the selling pressure. Read more
Bitcoin Wyckoff Pattern Eyes $85K, but BTC Price Must Close the Week Above This Level First
Bitcoin's Wyckoff pattern suggests a potential rise to $85,000, but it needs to close above $71,300 this week to confirm the breakout. Read more
Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock
SushiSwap has launched on the Bitcoin sidechain Rootstock, aiming to leverage Bitcoin's security with Ethereum's smart contract capabilities. Read more
U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
JPMorgan reports that recent U.S. crypto regulatory initiatives are likely to move against a central bank digital currency (CBDC) and non-compliant stablecoins such as Tether. Read more
Why Is Ether (ETH) Price Up Today?
Declining ETH reserves on exchanges and increased institutional inflows are key catalysts driving Ether's price up today. Read more
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