11 Jun 2024:
Trump promises to become the ‘crypto president’ — Law Decoded
The former United States president is intensifying his cryptocurrency advocacy as part of his 2024 presidential campaign. Read more
19-trading day Bitcoin ETF inflow streak ends with $64.9 million outflow
Data shows that on June 10, Bitcoin (BTC) exchange-traded funds (ETFs) saw a $64.9 million outflow, marking the first outflow since May 10 and halting a streak of 19 consecutive trading-day inflows. Four ETF issuers drove the outflows, with Grayscale’s GBTC leading at $39.5 million. Read more
World’s largest bank ICBC praises the evolution of Bitcoin, Ethereum as innovative financial assets
Industrial and Commercial Bank of China (ICBC) published an analysis highlighting the rapid evolution and growing diversity in digital currencies. The report compares Bitcoin to gold and deems Ethereum "digital oil," emphasizing the imaginative belief in these assets. Read more
Market dynamics show complex interplay between long-term stability and short-term speculation
Bitcoin’s realized cap has moved significantly throughout 2024, reflecting market conditions and investor behavior. The analysis highlights the balance between long-term stability and short-term speculation in the crypto market. Read more
Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%
A Solana meme parody of GameStop was down 25% in the past 24 hours, with steep losses across other meme tokens that tend to move in tandem with GameStop. Read more
ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect
According to the plan, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week." Read more
Bitcoin Slips Below $68K as ETFs Bleed $64M, Asian Stocks Decline
The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday. Read more
Optimism Finally Gets Its Mission-Critical 'Fault Proofs'
Optimism has implemented fault proofs on its mainnet, allowing users to independently initiate withdrawals without involvement from trusted third parties. Read more
Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD. Read more
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its money market fund for the first time with Onyx Digital Assets. Read more
Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind
Crypto lending firm Ledn survived the crypto winter by being "boring, slow and safe," according to a co-founder. Read more
Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600. Read more
BTC price risks $60K dive as Bitcoin bid liquidity thins on new 3% dip
Bitcoin is making analysts nervous as $69,000 support fails to hold yet again, but a BTC price turnaround is still on the radar. Read more
Ethereum’s next upgrade: Prague-Electra (Pectra), explained
Ethereum is gearing up for its next major upgrade in the first quarter of 2025, codenamed “Pectra,” which will combine the Prague and Electra upgrades. Read more
Bitcoin dips as ETFs break 19-day green streak, rumble over US inflation
Traders are seemingly going risk-off ahead of a U.S. CPI print and a Fed monetary policy meeting, with Bitcoin falling to a weekly low. Read more
Metaplanet rallies 10% as it scoops Bitcoin for 3rd time in 2 months
The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07, worth over $9.6 million. Read more
DeFi Technologies adopts Bitcoin treasury strategy
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour. Read more
Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs
The team has implemented fault proofs on Optimism mainnet, and users can now independently initiate withdrawals without involvement from any trusted third parties. Read more
Bitcoin’s short-term holder realized price hits $64,000, confirming BTC rally
This group mainly consisted of those who purchased BTC before and after the approval of the U.S. spot Bitcoin ETF in January. Read more
Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600. Read more
Why is BNB price down today?
Several factors, including market dynamics and regulatory challenges, are contributing to the decline in BNB price. Read more
Price analysis 6/10: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
An in-depth analysis of the current price trends and market movements for major cryptocurrencies and indices. Read more
Bitcoin vs. Buffett: BTC holders’ 104% CAGR dwarfs ‘steady growth’ portfolio
Bitcoin holders have seen a compound annual growth rate of 104%, significantly outperforming traditional investment portfolios. Read more
Cardano’s Voltaire era nears with June hard fork milestone
The upcoming June hard fork marks the beginning of Cardano's Voltaire era, aimed at enhancing governance and decentralization. Read more
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