Cryptocurrency news

• Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down

  20-06-2023 23:49 via cointelegraph.com
  
  The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he "like[s] crypto" in December 2021.
  
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• Dash Price Surges 10% In A Single Week; Is A Bullish Momentum Forming?

  20-06-2023 23:30 via newsbtc.com
  
  Digital Cash, popularly known as DASH, has been on a remarkable spring, reaching today’s top gainers. The cryptocurrency is on a good streak, with its value jumping by 5% in the past 24 hours. Dash Surges Over 10% In A Single Week – Price Overview
  The price of DASH soared by more than 10% in the past week. As of this writing, the token is valued at $32.08, gaining over 5% in the past 24 hours, per CoinGecko data. Meanwhile, it boasts a daily trading volume of nearly $45 million.
  
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• Five US enforcement agencies form new digital currency anti-crime task force

  20-06-2023 23:18 via cointelegraph.com
  
  The agencies have worked together for years, but now their joint efforts are official as they plan to ramp up activity.
  
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• Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors

  20-06-2023 22:57
  
  EDX Markets (EDX), which is backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities has launched in the U.S. after building out its technology for the past nine months, the company announced Tuesday.
  
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• Bitcoin Prepares Ichimoku Cloud Breakout, Will Crypto Storm To New ATHs?

  20-06-2023 22:56 via newsbtc.com
  
  Bitcoin price has made an intraday move higher, pushing above the Ichimoku cloud on BTC CME Futures daily charts.
  This signal in the past sent the entire cryptocurrency market soaring higher. Will crypto once again continue to storm ahead, or is it about to rain more pain on investors?
  Bitcoin Storms Above $28,000 After Technical Breakout
  BTCUSD made a 4% move higher today. While the number is rather insignificant, the minor rally was enough for a major breakout of the Ichimoku cloud on daily ti
  
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• Bitcoin Breaks Out Of Ichimoku Cloud, Storms Toward $28,000

  20-06-2023 22:56 via newsbtc.com
  
  Bitcoin price has made an intraday move higher, pushing above the Ichimoku cloud on BTC CME Futures daily charts.
  This signal in the past sent the entire cryptocurrency market soaring higher. Will crypto once again continue to storm ahead, or is it about to rain more pain on investors?
  Bitcoin Storms Above $28,000 After Technical Breakout
  BTCUSD made a 4% move higher today. While the number is rather insignificant, the minor rally was enough for a major breakout of the Ichimoku cloud on daily ti
  
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• Polygon co-founder proposes zkEVM 'validium' upgrade to improve security

  20-06-2023 22:53 via cointelegraph.com
  
  Mihailo Bjelic suggested that adding zero-knowledge proof technology could bolster the network’s security while still keeping fees low.
  
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• Litecoin Sees 55% Increase In New Daily Addresses As Bullish Sentiment Grows

  20-06-2023 22:30 via newsbtc.com
  
  Bullish sentiment around Litecoin has been on the rise as the network is drawing closer to its much-anticipated halving event. This positive sentiment is reflected in the number of new daily addresses on the blockchain, which has seen a significant rise over the last week.
  Litecoin New Addresses Jump 55% In 7 Days
  In a Twitter post, on-chain data aggregator IntoTheBlock revealed that the number of new addresses on the Litecoin network has been on the rise. Notably, the majority of the growth has
  
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• Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s

  20-06-2023 22:30 via cointelegraph.com
  
  A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets.
  
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• Binance to implement Lightning Network nodes for enhanced Bitcoin transactions

  20-06-2023 22:00 via cointelegraph.com
  
  Binance hopes to enable smooth BTC deposits and withdrawals while tackling network congestion issues.
  
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• Stacks (STX) Registers 11% Gains As Broader Market Suffers Volatility

  20-06-2023 21:30 via newsbtc.com
  
  While the broader crypto market experiences turbulent times and volatility, Stacks (STX) stands out with an impressive performance.
  Stacks is a network created in 2017 as an extension of the Bitcoin blockchain, allowing developers to create and deploy smart contracts. In recent times its native token, called STX, has been exhibiting positive performance in its price movement following the popularity of Bitcoin Ordinals. 
  Amidst Market Turbulence, Stacks (STX) Defies the Odds, Showcasing a R
  
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• Biden to discuss dangers of AI in San Francisco meeting with experts

  20-06-2023 21:30 via cointelegraph.com
  
  The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco.
  
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• Bitcoin’s Rally to $28K Causes the Largest Short Squeeze This Month

  20-06-2023 21:29
  
  The price surge liquidated some $34 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.
  
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• Czech automobile conglomerate Škoda Auto launches NFT platform

  20-06-2023 21:00 via cointelegraph.com
  
  The nonfungible token platform was launched in partnership with Near Protocol.
  
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• $1,400,000,000,000 Deutsche Bank Applies for Cryptocurrency Custody License in Germany: Report - The Daily Hodl

  20-06-2023 20:41 via news.google.com
  $1,400,000,000,000 Deutsche Bank Applies for Cryptocurrency Custody License in Germany: Report  The Daily Hodl
  
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• Tether and Bitfinex pledge $100K grant for private operating system

  20-06-2023 20:30 via cointelegraph.com
  
  “If you’re serious about security, @QubesOS is the best OS available today," commented Edward Snowden in a previous tweet.
  
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• Cardano Poised For Consolidation In This Price Zone Prior To Attempting Reversal

  20-06-2023 20:30 via newsbtc.com
  
  After losing the crucial $0.34 price support, Cardano (ADA) has experienced a significant downtrend. In the past 24 hours, ADA has declined by 1.6%. On the weekly chart, ADA has struggled to recover from an over 8% depreciation.
  The technical outlook indicates that bears have control of the price, with low demand and accumulation. Although ADA has started rebounding from the $0.20 level, a strong bullish influence has yet to be observed.
  If buying strength does not recover in the upcoming tradin
  
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• Polygon Proposes POS Chain To Become ZK Compatible

  20-06-2023 20:28
  
  In a pre-proposal discussion post, Polygon co-founder Mihailo Bjelic argues why the mainchain should go through a major upgrade.
  
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• Nike Brings .SWOOSH to Fortnite's 240M Users With 'Airphoria' Virtual Experience

  20-06-2023 20:28
  
  All Fortnite players who play this island for 10 minutes or more will receive the Air Max 1 '86 Back Bling digital sneaker.
  
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• BIS releases unified ledger proposal for cross-border, tokenized asset transactions

  20-06-2023 20:00 via cointelegraph.com
  
  Like the IMF’s single ledger proposal released a day earlier, BIS' unified ledger uses familiar concepts, such as tokenization, without the blockchain.
  
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• University of Nicosia Lets Students Become ‘Masters of the Metaverse’

  20-06-2023 19:47
  
  The Cyprus-based university is building on its roster of blockchain degrees, teaching students how to design and manage virtual worlds with its Master of Science (MSc) in Metaverse degree.
  
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• EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says

  20-06-2023 19:47
  
  The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official said on Tuesday.
  
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• Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto

  20-06-2023 19:41
  
  Banking giant Deutsche Bank AG has applied for regulatory permission to operate as a crypto custodian in Germany, the bank said Tuesday.
  
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• Why The Ripple General Counsel Demands Impartiality From SEC Staff

  20-06-2023 19:30 via newsbtc.com
  
  In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. Alderoty reaction relates to the Hinman documents and allegations of William Hinman’s favoritism towards Ether.
  SEC Counsel Emphasizes On The Law
  In the tweet, Stuart Alderoty stated the law requires SEC employees, like all federal employees, to act (and
  
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• Wall Street giants back EDX Markets, a new cryptocurrency exchange - Cointelegraph

  20-06-2023 19:28 via news.google.com
  Wall Street giants back EDX Markets, a new cryptocurrency exchange  Cointelegraph
  
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• EU Commission Brushes Off 'Data Act' Fears by Crypto Industry

  20-06-2023 19:28
  
  New rules could kill off permissionless smart contracts, the industry worries.
  
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• Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs

  20-06-2023 19:20 via cointelegraph.com
  
  Bitcoin price performance nails its highest levels this month, but analysts are waiting for the weekly candle close.
  
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• Wall Street giants back EDX Markets, a new cryptocurrency exchange

  20-06-2023 19:00 via cointelegraph.com
  
  EDX Markets is backed by large financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab.
  
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• Gemini plans Asia-Pacific expansion as part of 'next wave of growth for crypto'

  20-06-2023 18:30 via cointelegraph.com
  
  The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission.
  
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• Ethereum Sets Sights On Key Levels As It Rises From Recovery Point

  20-06-2023 18:30 via newsbtc.com
  
  After a period of correction, the Ethereum price has started to show signs of appreciation on its chart. The altcoin has managed to break past a crucial recovery region, indicating that the bulls are making an attempt to regain control.
  Over the last 24 hours, Ethereum has experienced a modest 0.2% increase in price. But on the weekly chart, it has successfully reversed most of its previous losses.
  However, it is important to note that Ethereum is still trading near a vital support line, and ano
  
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• Crypto VC market flashes green amid macroeconomic recession alarms

  20-06-2023 18:25 via cointelegraph.com
  
  May 2023 marked the second consecutive month of crypto VC activity growth, surpassing $1 billion in funding for the first time since September 2022.
  
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• GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism

  20-06-2023 18:08
  
  Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.
  
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• How to use ChatGPT to write a resume

  20-06-2023 18:07 via cointelegraph.com
  
  Craft an impressive resume that highlights your skills and experiences with the help of ChatGPT!
  
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• Web3 Charity Teddy DAO is Raising Money Through Daily NFT Auctions

  20-06-2023 18:05
  
  Teaming up with fundraising platform JustGiving, Teddy DAO will hold a daily auction of teddy bear NFTs, allowing the buyer to donate proceeds to a charity of their choosing.
  
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• Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO

  20-06-2023 18:00 via cointelegraph.com
  
  The Reserve team said the investment could allow for new features such as collateralized loans and wallet products.
  
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• Optimism (OP) Soars Over 6% Following Launch On BNB Chain

  20-06-2023 17:30 via newsbtc.com
  
  Optimism price is basking in the news of BNB Chain’s newly introduced Optimism-powered layer-2 testnet opBNB. On June 19, BNB Chain announced the launch of its opBNB testnet. The newly launched layer-2 scaling solution based on Optimism Stack will boost the Binance Chain network’s security and scalability. 
  Following the launch, the Optimism token has scored an over 6% price increase today, June 20, after an over 3% decline on June 19.
  Binance-owned Blockchain Newly Introdu
  
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• Romania Moves Towards Authorising Cryptocurrency Exchanges ... - Mondaq News Alerts

  20-06-2023 17:12 via news.google.com
  
  Romania Moves Towards Authorising Cryptocurrency Exchanges ...  Mondaq News Alerts
  
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• Bitcoin Whales Continue To Accumulate As BTC Makes Recovery Push

  20-06-2023 16:30 via newsbtc.com
  
  On-chain data shows that Bitcoin whales have continued to accumulate recently as the asset has been trying to make a push toward recovery.
  Bitcoin Whales Have Continued To Add To Their Holdings Recently
  According to data from the on-chain analytics firm Santiment, the whales have bought around $3.5 billion in the digital asset since the first week of April. The relevant indicator here is the “BTC Supply Distribution,” which tells us about the total amount of Bitcoin that each wallet
  
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• Crypto Exchange Gemini to Expand Asia-Pacific Operations to Capture 'Next Wave' of Growth

  20-06-2023 16:26
  
  The company plans to expand in Asia-Pacific (APAC), a region it sees as driving the “next wave of growth for crypto.”
  
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• Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI

  20-06-2023 16:19
  
  Miners are increasingly looking to fill data center space with AI and cloud computing.
  
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• EU consumer protection groups urge governments to investigate AI

  20-06-2023 16:18 via cointelegraph.com
  
  A coalition of watchdog groups in the EU urged governments to assess the risks and vulnerabilities consumers are subjected to due to generative AI.
  
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• Peter McCormack’s Twitter regrets: ‘I can feel myself being a dick’ — Hall of Flame

  20-06-2023 15:30 via cointelegraph.com
  
  Podcaster Peter McCormack has a love/hate relationship with Twitter and admits he can sometimes be “a dick to other people” online.
  
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• Best Crypto Narrative For This Summer? Everything About LSDfi

  20-06-2023 15:30 via newsbtc.com
  
  Liquid Staking Derivatives (LSDs) on Ethereum were one of the biggest topics in the crypto market in the first months of 2023. Thanks to Ethereum’s shift from Proof of Work (PoW) to Proof of Stake (PoS), LSD projects such as Lido Finance (LDO) and Frax Finance (FXS) flourished.
  In simple terms, LSDs are financial instruments that represent tokens that have been used as receipts within a DeFi protocol. Through these, users are able to stake their token while having the flexibility to use th
  
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• Cardano's ADA Paints 'Death Cross' Amid Regulatory Uncertainty

  20-06-2023 15:27
  
  Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook.
  
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• Australian Payment Provider Cuscal Imposes New Restrictions on Crypto; Industry Body Criticizes Move

  20-06-2023 15:13
  
  Payments provider Cuscal, through its partner Zepto, has brought new banking restrictions on cryptocurrency exchanges in Australia.
  
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• Era of trading crypto as non-securities is over, says exchange exec

  20-06-2023 15:12 via cointelegraph.com
  
  SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them non-securities.
  
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• Era of trading crypto as non-securities is over, says exchange ex

  20-06-2023 15:12 via cointelegraph.com
  
  SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities.
  
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• Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform

  20-06-2023 15:02
  
  The market for climate insurance is estimated to triple in the next decade.
  
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• Branding: The layer-1 of a successful Web3 marketing strategy

  20-06-2023 15:00 via cointelegraph.com
  
  Building on a blockchain follows similar fundamental principles to building in real life.
  
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• Deutsche Bank Submits Regulatory Application for Cryptocurrency ... - Best Stocks

  20-06-2023 14:58 via news.google.com
  
  Deutsche Bank Submits Regulatory Application for Cryptocurrency ...  Best Stocks
  
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