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Daily #Web3 Market

14 June 2024:

Privado ID spins off from Polygon Labs to target $101B digital identity market

Privado ID has rebranded from Polygon ID and spun off from Polygon Labs to focus on the mainstream digital identity market. The move aims to meet the global demand for online and on-chain digital identity solutions. Read more

Access Protocol launches $25,000 quest with Superboard to introduce transferable subscriptions

Access Protocol has launched a Subscription Quest initiative with Superboard to introduce its new transferable subscription feature, offering up to $25,000 in prizes. The feature utilizes compressed NFTs to enable the creation, purchase, sale, and transfer of subscriptions. Read more

Bitcoin ETFs rebound with $100.8M in inflows

Bitcoin ETFs saw a significant turnaround on June 12, recording a $100.8 million inflow, marking a notable recovery from two consecutive days of outflows. Read more

HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens

The team behind Holograph (HLG) said they have patched the exploit and are working with centralized exchanges to freeze accounts affiliated with the exploiter. Read more

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full approval by the end of the summer. Read more

Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler

U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether should be finished this summer. Read more

Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says

Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges. Read more

First Mover Americas: Bitcoin Holds $67K, CRV Slides

The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2024. Read more

MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash

MicroStrategy announced its plan to issue $500 million in convertible notes to raise funds for increasing its bitcoin holdings. Read more

Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024

ETF inflows resumed as U.S. inflation came in lower-than-expected, suggesting Bitcoin remains a preferred investment. Read more

Ether notches 2nd biggest hodler buying day in history

Demand for Ether from long-term holders rocketed as the price fell below $3,500. Read more

How low can the Bitcoin price go?

Bitcoin price could drop to $63,000 in the coming weeks, according to multiple technical signals. Read more

Curve founder repays 93% of $10M bad debt stemming from liquidation

The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt. Read more

Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles

Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation. Read more

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3, and crypto regulation. Read more

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