Cryptocurrency news

• Puma, Gutter Cat Gang and LaMelo Ball Team Up to Release NFT Sneakers

  21-06-2023 23:51
  
  The “GutterMelo MB.03” NFT sneakers are paired with a physical real-life sneaker counterpart and will be available to mint on OpenSea on June 29.
  
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• Valkyrie joins rush with BTC spot ETF application to go with its futures, miners ETFs

  21-06-2023 23:46 via cointelegraph.com
  
  The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too.
  
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• “Yes, This Is A Bull Market” Expert Explains Why Bitcoin Will Outperform Tesla’s +162%

  21-06-2023 23:00 via newsbtc.com
  
  Bitcoin is finally showing some green over the past week as the cryptocurrency rose from the mid-area of its current levels. The number one crypto by market cap seems poised to extend its rally, can it finally break from its current range?
  As of this writing, Bitcoin (BTC) trades at $29,000 with an 8% profit in the last 24 hours. Over the last week, BTC’s price has displayed a similar performance recording a 12% profit. Other cryptocurrencies in the top 10 by market cap are experiencing pr
  
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• Reviewing the Tether Documents

  21-06-2023 22:45
  
  Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, which CoinDesk won in February.
  
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• A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF

  21-06-2023 22:44
  
  Hint: It has to do with making money.
  
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• Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets

  21-06-2023 22:39 via cointelegraph.com
  
  The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise.
  
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• Binance launches regulated crypto platform in Kazakhstan

  21-06-2023 22:35 via coinjournal.net
  
  Binance Kazakhstan was officially announced on June 20, 2023 with government and banking industry representatives present.
  The platform will allow users to buy and sell crypto with fiat, access spot trading, and conversions.
  Despite the local platform’s launch, users in Kazakhstan will still be able to use the global Binance.com.Binance has unveiled a regulated digital asset platform in Kazakhstan, just days after the crypto behemoth exited the Dutch market.
  An announcement on the Binance
  
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• Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products

  21-06-2023 22:07
  
  While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol
  
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• Bitcoin think tank rejects science behind ‘limited adoption problem’ paper

  21-06-2023 22:02 via cointelegraph.com
  
  The researchers claim the ideas driving the conclusions found in the original paper were based on flawed assumptions about the nature of Bitcoin.
  
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• Solana Bulls Must Overcome This Resistance To Avoid A 10% Plunge

  21-06-2023 22:00 via newsbtc.com
  
  At present, the price of Solana (SOL) is showing signs of recovery from a corrective phase. However, to sustain the momentum, it is crucial for SOL to surpass a significant resistance level. In the past 24 hours, SOL has experienced a 4% increase in value.
  Over the course of the past week, the altcoin has displayed notable upward movement, gaining over 9%. Despite the recent price rise, the technical outlook for SOL still leans towards a bearish influence. Both the demand and accumulation for SO
  
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• Fed Chair Powell: ‘we do see payment stablecoins as a form of money’

  21-06-2023 21:34 via coinjournal.net
  
  Powell testified before the House Financial Services Committee today.
  He discussed a range of topics around digital assets on Wednesday.
  Bitcoin surpassed the $30,000 level today for the first in two months.Cryptocurrencies seem to have some “staying power” as an asset class, says Jerome Powell – Chair of the U.S. Federal Reserve.
  Fed should have a role in crypto legislation
  On Wednesday, he also argued that the central bank should have a role to play in the regulatory framewo
  
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• NFT Creation Platform Zora Launches Creator-Focused Layer 2

  21-06-2023 21:33
  
  Zora Network aims to make minting on its platform "faster, cheaper and more enjoyable," according to a press release.
  
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• Price analysis 6/21: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

  21-06-2023 21:11 via cointelegraph.com
  
  Bitcoin’s price surged to $31,000 as a handful of BTC spot ETF applications and Fed Chair Jerome Powell’s views on stablecoins appear to have improved crypto investors’ view of the market.
  
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• Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community

  21-06-2023 21:02
  
  3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past.
  
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• Wallet providers introduce BRC-20 token support despite market drawdown

  21-06-2023 21:00 via cointelegraph.com
  
  There are currently more than 34,000 types of BRC-20 tokens in circulation.
  
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• Nike teases ‘Airphoria’ NFT sneaker on Fortnite: Nifty Newsletter, June 14–20

  21-06-2023 21:00 via cointelegraph.com
  
  A project called “Ethscriptions” is bringing Bitcoin Ordinals-inspired inscriptions to the Ethereum blockchain.
  
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• Bitcoin Rally Appears To Be Fueled By Derivatives, Will It Last?

  21-06-2023 21:00 via newsbtc.com
  
  On-chain data shows that derivative exchanges have observed elevated activity as Bitcoin has rallied towards the $29,000 level.
  Bitcoin Spot Vs Derivative Trading Volume Ratio Has Been Quite Low Recently
  As pointed out by an analyst in a CryptoQuant post, the latest price increase is mainly driven by the derivatives. The indicator of interest here is the “trading volume ratio,” which measures the ratio between the Bitcoin trading volume on the spot exchanges and that on the derivativ
  
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• Binance announces zero-fee for TrueUSD (TUSD) trading pairs

  21-06-2023 20:52 via coinjournal.net
  
  Initially, Binance had announced zero-fee only for BTC-TUSD trading pair.
  Binance has now announced that the zero-fee will apply for all TUSD trading pairs.
  The move comes amid the regulatory backlash the exchange has received from regulatory authorities around the world.A new zero-fee promotion for TrueUSD (TUSD) trading pairs has been announced by Binance. The tactical move, set to begin on June 30, 2023, is expected to stimulate the dynamics of the cryptocurrency market by opening up its fee
  
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• Introducing EverMoon: Revolutionizing Cryptocurrency with ... - InvestorsObserver

  21-06-2023 20:51 via news.google.com
  
  Introducing EverMoon: Revolutionizing Cryptocurrency with ...  InvestorsObserver
  
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• Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says

  21-06-2023 20:15 via cointelegraph.com
  
  The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.
  
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• Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund

  21-06-2023 20:12
  
  Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.
  
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• Bitcoin, Ether Fall Outside Howey Test Criteria

  21-06-2023 20:09
  
  As a result, the SEC’s regulatory scrutiny may be more limited in scope.
  
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• CleanSpark acquires two Bitcoin mining facilities for $9.3 million

  21-06-2023 20:04 via coinjournal.net
  
  CleanSpark will complete the $9.3 million all-cash deal for the two turnkey Bitcoin mining facilities this week.
  The facilities in Dalton, Georgia, will host 6,000 Antminer S19 XPs and S19J Pro+ rigs.
  CleanSpark CEO Zach Bradford says the deal puts the miner on track to reach its year-end hashrate target of 16 EH/sCleanSpark (NASDAQ: CLSK), one of the largest Bitcoin mining firms in the world, has announced the acquisition of two BTC mining campuses in Dalton, Georgia.
  The company said in a pre
  
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• Will Ethereum Be a Trillion-Dollar Cryptocurrency by 2024? - The Motley Fool

  21-06-2023 20:00 via news.google.com
  
  Will Ethereum Be a Trillion-Dollar Cryptocurrency by 2024?  The Motley Fool
  
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• Conflux Gains 20% In 24 hours, Emerges On Top Gainers Chart

  21-06-2023 20:00 via newsbtc.com
  
  The crypto market is currently on a rebound, with several assets recording little gains in the last few hours. Conflux (CFX), one of the trendiest assets of 2023, has gained by 20.17% in the last 24 hours, emerging as the second biggest daily gainer, according to CoinMarketCap data.
  Prior to its price boost yesterday, Conflux had been on a bearish trend for most of the month, from $0.280 on June 1 to trade as low as $0.170 on June 16. Since the start of the month, the “Chinese MATIC”
  
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• Three Arrows Capital founders launch new VC fund

  21-06-2023 19:40 via cointelegraph.com
  
  "3AC Ventures is focused on superior risk-adjusted returns without leverage," the firm wrote.
  
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• US lawmakers propose bills to hold bank execs accountable for failures and address risks

  21-06-2023 19:20 via cointelegraph.com
  
  Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank.
  
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• 3 reasons why Ethereum’s market cap dominance is on the rise

  21-06-2023 19:18 via cointelegraph.com
  
  Bitcoin dominance is rising, but so is Ethereum’s share of market dominance among its altcoin competitors. Cointelegraph explains why.
  
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• Why Short Sellers May Have a Hard Time Betting Against Tether

  21-06-2023 19:14
  
  Crypto’s most controversial instrument enjoys some notable insulation from skeptical bets.
  
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• Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies

  21-06-2023 19:00 via cointelegraph.com
  
  Ramp expands its platform compatibility with 40 new currencies, including the Bermudian dollar, Costa Rican colón, Hungarian forint, Mexican peso, Singapore dollar and Swiss franc.
  
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• Bitcoin Cash Surges 20% In One Day As Market Rebounds, What’s Next? 

  21-06-2023 19:00 via newsbtc.com
  
  The crypto market entered an upward trajectory in the past 24 hours, with most coins, including Bitcoin Cash (BCH), making notable price moves. Speculations and anticipation around BlackRock’s spot BTC application, and the recent WisdomTree and Invesco filing, could be driving the surge.
  Also, the just-launched Wall Street-backed crypto exchange EDX must have contributed, to a large extent, to the improved market sentiment.The total crypto market cap has already increased 5.74% in the last
  
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• Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On?

  21-06-2023 18:38 via newsbtc.com
  
  Bitcoin price is back above $30,000 for the second time in 2023, with bulls hoping it not only holds this time, but leads to renewed confidence in the crypto market.
  Is this a sign the bear market is over and the bull run is back on? Or is this just a bear market rally that will result in new lows eventually? Let’s take a closer look at the latest price action.
  Bitcoin Price Reclaims $30,000 Following Shift In News Cycle
  Just a week ago, the SEC was waging a war against altcoins, and there
  
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• Bitcoin price taps $30K for first time since April

  21-06-2023 18:27 via cointelegraph.com
  
  BTC price gains pass $30,400, marking the largest cryptocurrency's highest levels since mid-April.
  
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• CleanSpark buys two Bitcoin mining campuses for $9.3M

  21-06-2023 18:22 via cointelegraph.com
  
  Bitcoin miner CleanSpark entered into a definitive agreement to purchase two turnkey mining campuses in the U.S. state of Georgia.
  
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• Federal Agencies Join Forces in New Darknet and Cryptocurrency ... - nft now

  21-06-2023 18:15 via news.google.com
  
  Federal Agencies Join Forces in New Darknet and Cryptocurrency ...  nft now
  
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• Bitcoin Breaks $30K Amid TradFi Push Into Crypto

  21-06-2023 18:11
  
  The world's largest cryptocurrency by market value, bitcoin, had not reached levels above $30,000 since June 2022.
  
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• Binance Labs, CoinFund lead $10M round for Cosmos network Neutron

  21-06-2023 18:07 via coinjournal.net
  
  Binance Labs and CoinFund led several venture firms in raising a $10 million round for Neutron.
  Neutron is a Cosmos-based smart contracts platform that launched its mainnet in May.
  The platform will use the funds to further its development and adoption across the ecosystem.Crypto exchange Binance’s venture capital arm Binance Labs and Web3-focused venture firm CoinFund co-led a $10 million funding round for Cosmos-based smart contracts infrastructure Neutron.
  The seed funding round also a
  
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• WisdomTree Investments Joins Blackrock, Files For Bitcoin ETF

  21-06-2023 18:00 via newsbtc.com
  
  Several United States asset managers have sought the US Securities and Exchange Commission’s (SEC) blessing to start a spot Bitcoin exchange-traded fund (ETF). However, companies like WisdomTree, Grayscale, and One River Asset Management only received the SEC’s rejection.
  However, the SEC’s denial didn’t deter WisdomTree as a June 21 Bloomberg report revealed that the asset manager filed another application with the SEC to launch its spot BTC ETF. The firm’s applica
  
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• First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life

  21-06-2023 18:00
  
  Led by former animators for Pixar, Netflix and Marvel, “The Rise of Blus: A Nouns Movie” has a budget of $2.75 million and is said to be the first animated film funded by a DAO.
  
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• Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins

  21-06-2023 17:53
  
  Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.
  
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• Don’t be mean to CEXs — Crypto relies on them

  21-06-2023 17:43 via cointelegraph.com
  
  Centralized crypto exchanges have a crucial role left to play in bridging traditional finance with decentralized cryptocurrencies.
  
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• How to track and report crypto transactions for tax purposes

  21-06-2023 17:42 via cointelegraph.com
  
  Crypto assets are subject to tax and must be tracked and reported to the IRS. This comprehensive tax guide contains everything you need to know.
  
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• MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets

  21-06-2023 17:39
  
  The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
  
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• German Intelligence Agency Releases NFT Collection to Recruit Talent

  21-06-2023 17:38
  
  The Bundesnachrichtendienst (BND)’s dog-themed PFP collection can be acquired through a gamified treasure hunt, where participants must find a string of characters hidden by the agency.
  
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• ‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World

  21-06-2023 17:30
  
  Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon.
  
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• Starknet Foundation Appoints Meta Veteran Oliva as First CEO

  21-06-2023 17:28
  
  The executive will help the non-profit promote growth within the Starknet ecosystem.
  
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• Polygon Introduces AI Interface Powered by ChatGPT to Aid App Developers

  21-06-2023 17:26
  
  The interface, called Polygon Copilot, will help developers obtain analytics and insights for their applications on the Polygon blockchain.
  
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• Struct Finance Rolls Out Customizable Interest Rate Product for DeFi Users

  21-06-2023 17:00
  
  The product will allow for traders to invest with both low and high risk appetites.
  
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• MATIC Price Gains Momentum, But Bulls Face Uncertainty Without Breaking Vital Resistance

  21-06-2023 17:00 via newsbtc.com
  
  The price of MATIC has experienced an increase in recent trading sessions, surpassing its important support level. In the past 24 hours, the MATIC price has risen by approximately 6%. However, when considering the weekly chart, the altcoin has not shown significant value growth.
  The technical outlook for MATIC remains bearish, indicating negative sentiment. Both the demand and accumulation for MATIC have remained relatively low, indicating a prevailing bearish influence.
  The volatility of Bitcoi
  
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• KAVA price spikes as USDT prepares to launch on Kava blockchain

  21-06-2023 17:00 via coinjournal.net
  
  At press time, KAVA was trading at $0.9214, up 13.27% over the last 24 hours.
  The first Kava-based USDT will be released on July 3, 2023.
  Since Kava is built on Cosmos, the move will also make USDT liquidity to be available to Cosmos users.USDT stablecoin is scheduled to go live on the Kava blockchain in the coming month. This will make Kava the next blockchain supported by Tether Limited, the company that issues the biggest stablecoin USDT, according to an official announcement made by the com
  
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