Cryptocurrency news

• GameStop-Inspired Solana Meme Coin Soars Over 80% as Roaring Kitty Flashes $586M Worth of GME Position

  07-06-2024 23:36
  
  Shares of GameStop closed the Thursday session 47% higher as the retail trading fame provided an update of his position and announced a livestream for Friday.
  
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• Craig Wright Should Pay Plaintiffs' Legal Bill After Found Posing as Satoshi, COPA Says

  07-06-2024 23:34
  
  The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.
  
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• Impact of shifting SEC policy on ETH ‘yet to be seen’ — Consensys SC

  07-06-2024 23:19 via cointelegraph.com
  Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.
  
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• Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

  07-06-2024 23:00 via cointelegraph.com
  This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving.
  
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• Celebrity Memecoins: Iggy Azalea And Hulk Hogan Beef Before $17 Million Rug Pull

  07-06-2024 23:00 via newsbtc.com
  
  Celebrity memecoins have been the talk of the town for the past two weeks. A trend that resurged at the end of May quickly became one of the biggest narratives around the crypto community.The industry has seen controversies, rug pulls, and Vitalik Buterin’s thoughts on the celebrity token frenzy. In the phenomenon’s most recent development, WWE wrestler Hulk Hogan beefed with Australian rapper Iggy Azalea.
  Celebrity Memecoins A Week Later
  Despite the trend starting around May 20 with
  
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• GameStop's Roaring Kitty posts first livestream in 3 years— price reacts

  07-06-2024 22:53 via cointelegraph.com
  The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.
  
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• Inverted Hammer Appears On The XRP Price Chart, Crypto Analyst Picks First Target Of $0.75

  07-06-2024 22:00 via newsbtc.com
  
  Crypto analyst Egrag Crypto has revealed a bullish pattern that recently formed on the XRP price chart. The analyst also revealed how high the crypto token could rise once it makes this move to the upside.  
  Inverted Hammer Forms On The Chart
  Egrag highlighted an Inverted hammer that had formed on XRP’s chart while noting how bullish this was for the crypto token. He claimed that last month’s candle formation showed a 75% Inverted Hammer at the bottom, which is “super
  
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• COPA Seeks Payment of 85% Of Costs in Craig Wright Case

  07-06-2024 21:33
  
  The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.
  
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• New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case

  07-06-2024 21:30
  
  New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis.
  
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• Ethereum governance, and the downfall of celeb tokens: Finance Redefined

  07-06-2024 21:25 via cointelegraph.com
  The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.
  
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• Big Friday Crypto Selloff Pulls Bitcoin Below $70K

  07-06-2024 21:14
  
  Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.
  
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• Bitcoin Investors Beware: Extreme Greed Has Returned In Crypto

  07-06-2024 21:00 via newsbtc.com
  Data shows that cryptocurrency investors’ sentiment has surged to extreme greed recently, a sign that may not be ideal for Bitcoin.
  Bitcoin Fear & Greed Index Is In The Extreme Greed Territory Right Now
  The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the average sentiment present among the traders in the Bitcoin and wider cryptocurrency market.
  The index represents this sentiment as a number between zero and 100. To calculate the scor
  
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• AINOW cryptocurrency exchange (CRYPTOAINOW CAPITAL FOUNDATION cryptoainow.com) is advancing public ... - GlobeNewswire

  07-06-2024 21:00 via news.google.com
  AINOW cryptocurrency exchange (CRYPTOAINOW CAPITAL FOUNDATION cryptoainow.com) is advancing public ...  GlobeNewswire
  
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• Investors target Injective, ORDI gains ahead of Bitbot launch

  07-06-2024 20:59 via coinjournal.net
  Injective and ORDI soared in intraday trading today, leading the market as analysts predict the altseason is loading.
  Bitbot has wrapped up its token sale just as crypto sentiment flips bullish.Injective (INJ) and ORDI (ORDI) are among altcoins to see decent gains this week as market anticipation for an altseason rises. INJ and ORDI tokens could continue higher as investors aggressively position.
  Meanwhile, crypto traders are poised as the market eyes new momentum for top altcoins, memecoins, R
  
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• Are Bitcoin traders losing hope? Top traders' metric hits two-week low

  07-06-2024 20:59 via cointelegraph.com
  Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?
  
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• Are Bitcoin traders losing hope? Top traders’ metric hits two-week low

  07-06-2024 20:59 via cointelegraph.com
  Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?
  
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• Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI

  07-06-2024 20:26
  
  The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.
  
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• Bitcoin network transaction fees temporarily soar to nearly $52

  07-06-2024 20:06 via cointelegraph.com
  The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning.
  
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• Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000

  07-06-2024 20:00 via newsbtc.com
  
  US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March. 
  According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net subscriptions of $15.6 billion since their launch on January 11, bringing total assets under management to a substantial $62.3 billion.
  Rec
  
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• DeFi TVL reaches $192B for first time in 15 months — DappRadar

  07-06-2024 19:49 via cointelegraph.com
  The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity.
  
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• GameStop Tumbles 40% as Trading Icon Roaring Kitty Returns to Livestream

  07-06-2024 19:19
  
  Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week
  
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• Bitcoin ETF flows will send BTC price into ‘parabolic run,’ traders say

  07-06-2024 19:13 via cointelegraph.com
  BTC’s price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.
  
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• Bitcoin ETF flows will send BTC price into ' parabolic run,' traders say

  07-06-2024 19:13 via cointelegraph.com
  BTC price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.
  
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• Dumbed down Google and Microsoft AI won’t discuss any presidential elections

  07-06-2024 19:10 via cointelegraph.com
  Meanwhile, Anthropic’s Claude 2, Meta’s Llama, and OpenAI’s ChatGPT seemingly have no qualms about discussing elections past, present, or future.
  
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• Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

  07-06-2024 19:00 via newsbtc.com
  
  Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run. 
  The Most Important Indicator For Bitcoin
  Swift claimed that the global liquidity was the “most important” chart in this bull run while revealing that it had just hit a new ATH. The chart he shared showed that
  
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• Peru adopts India’s UPI system to boost financial inclusion

  07-06-2024 18:57 via cointelegraph.com
  The Indian instant payment system is gradually making its way around the world.
  
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• Peru adopts India's UPI system to boost financial inclusion

  07-06-2024 18:57 via cointelegraph.com
  The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments
  
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• THIS Cryptocurrency ETF could soar up to 5,400%, claim some Wall Street analysts. Here's what you should k - The Economic Times

  07-06-2024 18:38 via news.google.com
  THIS Cryptocurrency ETF could soar up to 5,400%, claim some Wall Street analysts. Here's what you should k  The Economic Times
  
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• Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

  07-06-2024 18:36 via cointelegraph.com
  Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.
  
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• VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000

  07-06-2024 17:30 via newsbtc.com
  Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to $100,000.
  Here’s Why Bitcoin Is Still Trading Below $100,000
  In a post on X, Edwards said several factors combine to suppress gains. Howe
  
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• Cheapest cryptocurrency in the world | Top 7 - crypto.news

  07-06-2024 16:31 via news.google.com
  
  Cheapest cryptocurrency in the world | Top 7  crypto.news
  
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• BTC price dips 1.8% as Bitcoin tackles ‘schizophrenic’ new US jobs data

  07-06-2024 16:29 via cointelegraph.com
  Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.
  
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• BTC price dips 1.8% as Bitcoin tackles 'schizophenic' new US jobs data

  07-06-2024 16:29 via cointelegraph.com
  Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.
  
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• Customers Bank Said to Debank Some Digital Asset Hedge Funds

  07-06-2024 16:09
  
  The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
  
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• Polkadot (DOT) Forms Rising Wedge Pattern, Bullish Or Bearish?

  07-06-2024 16:00 via newsbtc.com
  
  Polkadot (DOT), a popular cryptocurrency in the blockchain space, has been making waves with its innovative approach to interoperability and scalability. However, like any financial asset, its price movement is subject to various technical analysis patterns, one of which is the rising wedge chart pattern.
  The formation of a rising wedge pattern on DOT’s price chart suggests that despite its recent upward trajectory, there could be a downturn on the horizon. Traders and investors often watc
  
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• US elections are a ‘huge variable’ for Solana ETF approval

  07-06-2024 15:50 via cointelegraph.com
  The approval of spot Ether ETFs has opened Pandora’s box for another altcoin ETF. Solana, XRP, Chainlink or Dogecoin could be next, but is the crypto market overly optimistic?
  
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• U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High

  07-06-2024 15:30
  
  Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.
  
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• Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility

  07-06-2024 15:28 via cointelegraph.com
  Block times can also be adjusted as desired. The root mainnet shard features an average block time of just 2 seconds.
  
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• Can Bitcoin close above $70K amid strong labor market?

  07-06-2024 15:23 via cointelegraph.com
  Stronger-than-expected employment data could put more downward pressure on Bitcoin price. Are ETF inflows enough to get a weekly BTC close above $70,000?
  
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• Can Bitcoin close above $70K amid a strong labor market?

  07-06-2024 15:23 via cointelegraph.com
  Stronger-than-expected employment data could put more downward pressure on Bitcoin’s price. Are ETF inflows enough to get a weekly BTC close above $70,000?
  
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• Sky Mavis recovers $5.7M from Ronin Bridge hack

  07-06-2024 15:06 via cointelegraph.com
  Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury.
  
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• Cryptocurrency Prices And News: Bitcoin Slides Near $71000 After Jobs Report - Investor's Business Daily

  07-06-2024 14:56 via news.google.com
  
  Cryptocurrency Prices And News: Bitcoin Slides Near $71000 After Jobs Report  Investor's Business Daily
  
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• U.S. Added 272K Jobs in May, Blowing Past Estimates; Unemployment Rate Rises to 4.0%

  07-06-2024 14:45
  
  Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.
  
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• Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

  07-06-2024 14:30 via newsbtc.com
  
  The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. Particularly, the positive outlook seems to be positive among US-based investors, as shown by the Coinbase premium turning positive. Some see the return of the Coinbase premium as a bullish signal that could continue to
  
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• Robinhood’s Bitstamp Deal is Strategic and Brings Added Institutional Exposure: Bernstein

  07-06-2024 14:02
  
  The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.
  
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• CoinGecko confirms email provider data breach, over 23,000 phishing emails sent

  07-06-2024 14:00 via cointelegraph.com
  The email platform's security breach occurred due to a compromised employee account.
  
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• First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K

  07-06-2024 13:54
  
  The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
  
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• Solana-memecoin 'GME' explodes 150% ahead of Keith Gill's YouTube return

  07-06-2024 13:50 via cointelegraph.com
  GME memecoin may see a significant correction, similar to the dramatic drop Dogecoin experienced following Elon Musk's appearance on SNL.
  
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• BEVM Visionary Builders (BVB) Program Launches a 60 Million Ecosystem Incentives Program

  07-06-2024 13:13 via crypto-news.net
  
  HongKong, China, June 7th, 2024, Chainwire BEVM has announced a new incentive program, the BEVM Visionary Builders (BVB), following its recent partnership with Binance wallet for an airdrop event. Introduction to BEVM Visionary Builders Launched by BEVM, the “Visionary Builders” ecosystem incentive program aims to promote the development of 17 tracks, including DEXs, lending, stablecoins,…
  The post BEVM Visionary Builders (BVB) Program Launches a 60 Million Ecosystem Incentive
  
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• Injective (INJ) Price Set To Skyrocket 33% On Classic Bullish Signal: Crypto Analyst

  07-06-2024 13:02 via newsbtc.com
  In an analysis shared on X, renowned crypto analyst Josh Olszewicz (@CarpeNoctom) forecasts a significant 33% rise in the price of Injective (INJ) based on a classic bullish chart pattern known as the inverted head and shoulders (iH&S). The chart suggests a strong reversal possibility from recent bearish trends, potentially steering the cryptocurrency’s price to new local highs.
  Injective Price Prepares For Lift-Off
  The iH&S pattern, prominently featured in Olszewicz’s chart,
  
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