Cryptocurrency news

• Cryptocurrency Prices And News: Bitcoin Falls To June Lows On 'Summer Blues' - Investor's Business Daily

  24-06-2024 22:44 via news.google.com
  
  Cryptocurrency Prices And News: Bitcoin Falls To June Lows On 'Summer Blues'  Investor's Business Daily
  
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• President of Jump Crypto steps down

  24-06-2024 22:35 via cointelegraph.com
  Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022.
  
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• True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

  24-06-2024 22:30 via newsbtc.com
  
  Recent data from CoinShares points to a significant shift in investor sentiment regarding Bitcoin, marked by a substantial $544.1 million net outflow from US spot Bitcoin ETFs in the last week.
  According to James Butterfill, a leading analyst at CoinShares, this significant amount of outflow highlights a “true correction is underway” as this trend extends beyond a single week, with a total of over $1.1 billion flowing out in the past two weeks alone.Global Outflows Amidst Economic Un
  
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• Can bitcoin jump to $200000 in 2025? - TheStreet

  24-06-2024 22:30 via news.google.com
  
  Can bitcoin jump to $200000 in 2025?  TheStreet
  
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• Biden Likely to Win Popular Vote, but Lose Presidency, Prediction Market Signals

  24-06-2024 22:24
  
  Plus: $DJT believers dispute the resolution of a Polymarket bet, insisting the "preponderance of evidence" shows Barron Trump's involvement.
  
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• Ethereum may skyrocket to $8000 this year - TheStreet

  24-06-2024 22:11 via news.google.com
  
  Ethereum may skyrocket to $8000 this year  TheStreet
  
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• Cryptocurrency Market News: Bitcoin Briefly Slips Below $60K, SEC Drops Ethereum Probe - Investopedia

  24-06-2024 21:35 via news.google.com
  
  Cryptocurrency Market News: Bitcoin Briefly Slips Below $60K, SEC Drops Ethereum Probe  Investopedia
  
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• Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price

  24-06-2024 21:15 via cointelegraph.com
  Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000.
  
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• SEC drops investigation into Ethereum: Law Decoded

  24-06-2024 21:02 via cointelegraph.com
  A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.
  
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• Bitcoin Whales Switching To Risk-Off Mode After $61,000 Crash

  24-06-2024 21:00 via newsbtc.com
  On-chain data shows the Bitcoin whales have been dialing back risk on derivatives exchanges following the latest downturn in the cryptocurrency.
  Bitcoin Inter-Exchange Flow Pulse Has Just Turned Red
  As explained by CryptoQuant founder and CEO Ki Young Ju in a new post on X, the Bitcoin Inter-Exchange Flow Pulse is now giving a red signal. The Inter-Exchange Flow Pulse (IFP) is an indicator that tracks the BTC movements between spot and derivatives exchanges.
  When the value of this metric rises,
  
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• Louisiana’s new crypto law protects node operators, bans CBDC

  24-06-2024 20:20 via cointelegraph.com
  The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators.
  
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• How DePIN is poised to disrupt the cloud computing industry: Report

  24-06-2024 20:10 via cointelegraph.com
  Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry.
  
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• European Central Bank releases first CBDC progress update

  24-06-2024 20:10 via cointelegraph.com
  The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking.
  
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• Bitcoin ‘whale games’ come early as BTC price swoons below $60K

  24-06-2024 20:07 via cointelegraph.com
  BTC price weakness delivers seven-week lows as whale “spoofing” across order books creates grim conditions for Bitcoin bulls.
  
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• Bitcoin 'whale games' come early as BTC price swoons below $60K

  24-06-2024 20:07 via cointelegraph.com
  BTC price weakness delivers seven-week lows as whale "spoofing" across order books creates grim conditions for Bitcoin bulls.
  
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• Price analysis 6/24: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

  24-06-2024 20:00 via cointelegraph.com
  Bitcoin price descends to $60,000, but will traders buy the dip in BTC and altcoins?
  
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• Chief author behind President Biden’s crypto EO rejoins administration

  24-06-2024 19:51 via cointelegraph.com
  Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an election year.
  
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• Big banks rush to test ECB’s wholesale distributed ledger tech

  24-06-2024 19:37 via cointelegraph.com
  The new participants in the European Central Bank’s DLT tests include major financial institutions.
  
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• Big banks rush in to test ECB’s wholesale distributed ledger tech

  24-06-2024 19:37 via cointelegraph.com
  The new participants in the European Central Bank’s DLT tests include major financial institutions.
  
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• Why is Bitcoin DeFi blooming? Developers share their insights

  24-06-2024 19:30 via cointelegraph.com
  Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate.
  
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• Solana Developer Shares “Big News” That Could Send The SOL Price Flying

  24-06-2024 19:30 via newsbtc.com
  Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend. 
  A New Dawn For Solana
  Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being introduced directly on the Solana network without requiring layer-2 networks. He claimed that this changes
  
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• Blockchain developer warns of centralization risks as crypto AI race intensifies

  24-06-2024 19:15 via cointelegraph.com
  The Kip Web3 AI base layer previously closed an undisclosed funding round from Animoca Brands in April.
  
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• Crypto investment products see $584M outflow as Bitcoin descends to $60K

  24-06-2024 19:00 via cointelegraph.com
  Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.
  
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• Bitcoin Threatens $60K on Mt. Gox News, but Sales Could Be Less Than Feared

  24-06-2024 18:49
  
  Prices are sharply lower on Monday after the trustee for the defunct crypto exchange said it will begin returning more than 140,000 bitcoin to clients whose assets were stolen in a 2014 hack.
  
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• Are market makers manipulating 78% of new crypto listings?

  24-06-2024 18:47 via cointelegraph.com
  One formula indicates that up to 78% of new token listings since April 2024 have been conducted badly. Why do market makers seem to be indifferent?
  
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• Biden Likely to Win Popular Vote, but Not Presidency, Prediction Market Signals

  24-06-2024 18:22
  
  Plus: $DJT believers dispute the resolution of a Polymarket bet, insisting the "preponderance of evidence" shows Barron Trump's involvement.
  
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• Requirements for the cryptocurrency market in Turkiye are getting tougher - AzerNews.Az

  24-06-2024 18:21 via news.google.com
  
  Requirements for the cryptocurrency market in Turkiye are getting tougher  AzerNews.Az
  
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• PapaTrump Meme Coin Heats Up Ahead of 2024 US Election

  24-06-2024 18:04 via crypto-news.net
  
  June 24th, 2024 – Coinscribble by Coinbound / As the US presidential race nears, a new meme coin project called PapaTrump is vying for attention.  Following Trump’s recent announcement of being a “Crypto President,”  there’s no better time for PapaTrump to enter the spotlight in the blockchain arena.  Capitalizing on Donald Trump and Joe Biden’s…
  The post PapaTrump Meme Coin Heats Up Ahead of 2024 US Election appeared first on Crypto-News
  
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• MetalCore Closed Beta 3 introduces NFTs and Web3 integration

  24-06-2024 18:00 via cointelegraph.com
  MetalCore’s CB3 launches on June 27. It integrates NFTs and SHARDS, a new offchain currency, and aims to appeal to both Web2 and Web3 gamers.
  
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• Ethereum Set For $5,000? ETH Open Interest Expanding On CME Ahead Of Spot ETFs Trading

  24-06-2024 18:00 via newsbtc.com
  
  Ethereum is tracking lower when writing, sinking roughly 18% from March 2024 highs. Even though bears appear to be in control at spot rates, keeping the second most valuable coin below $3,700, confidence is high among analysts.
  ETH Futures Open Interest Rising On CME
  Taking to X, one of them noted that there are solid signs that institutions are positioning themselves to push prices higher. Citing rising open interest in Ethereum Futures at CME, a bourse, the analyst said it is highly likely tha
  
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• 4-week correction for Bitcoin? Mt. Gox, Germany gov't add sell-pressure

  24-06-2024 17:39 via cointelegraph.com
  Bitcoin price risks a potential fall below $60,000, due to Mt. Gox repayments and Germany's government selling its 50,000 BTC.
  
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• Trump vs. Biden: What US Presidential Debate Could Signal for Cryptocurrency Regulations - CCN.com

  24-06-2024 17:37 via news.google.com
  
  Trump vs. Biden: What US Presidential Debate Could Signal for Cryptocurrency Regulations  CCN.com
  
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• The Internet of Things Is Still Broken (But DePIN Can Fix it)

  24-06-2024 17:35
  
  Manufacturers have struggled to make services for smart devices profitable, leading to problems for consumers. But these machines could be corralled to create blockchain-linked decentralized cloud infrastructure, says E&Y’s Paul Brody.
  
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• Riot seeks three Bitfarms board members, says it holds 14.9% stake

  24-06-2024 17:34 via cointelegraph.com
  The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies.
  
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• Riot seeks 3 Bitfarms board members, says it holds 14.9% stake

  24-06-2024 17:34 via cointelegraph.com
  The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies.
  
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• Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

  24-06-2024 17:32
  
  The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
  
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• Jump's Kariya, Who Went From Intern to Crypto Leader, Is Leaving Trading Giant

  24-06-2024 16:51
  
  The Wormhole hack and Terra/Luna blowup happened while he ran Jump's crypto operation.
  
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• Bitcoin Price Crashes Below $61,000: The Main Reasons

  24-06-2024 16:30 via newsbtc.com
  
  In the last 24 hours, the Bitcoin (BTC) price fell by up to 4.8%, plummeting to a new low of $60,601 after trading above $64,000 just a day earlier. This decline can be attributed to a combination of factors, including developments from the Mt. Gox saga, a significant liquidation of long positions, and ongoing miner capitulation.
  #1 Mt. Gox News Shakes Market Confidence
  The sudden and steep decline from $62,900 to $60,601 in Bitcoin’s price coincided closely with a new announcement from th
  
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• Tether to Stop Minting Stablecoin USDT on Algorand and EOS

  24-06-2024 16:20
  
  The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.
  
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• Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board

  24-06-2024 16:12
  
  Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.
  
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• Nvidia launches in Middle East amid US AI export clampdown: Report

  24-06-2024 15:59 via cointelegraph.com
  Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid US export restrictions.
  
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• Over $122M Bitcoin longs liquidated as BTC falls below $61K

  24-06-2024 15:53 via cointelegraph.com
  The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark.
  
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• Bitcoin miner Hut 8 lands $150M investment amid AI boom

  24-06-2024 15:22 via cointelegraph.com
  Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.
  
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• Why are traders shorting Michael Saylor’s MicroStrategy?

  24-06-2024 15:15 via cointelegraph.com
  Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?
  
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• Protocol Village: Metis Starts Community Selection for Sequencer Node Operators

  24-06-2024 15:00
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26.
  
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• Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million

  24-06-2024 15:00 via newsbtc.com
  
  Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto liquidation figures have barreled toward $300 million in just 24 hours alone.
  91,000 Crypto Traders Lose $282 Million Amid Bitcoin Crash
  Data from Coinglass has shown that tens of thousands of crypto traders have lost their leverage positions in the last
  
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• Tether halts USDT minting on EOS and Algorand

  24-06-2024 14:55 via cointelegraph.com
  Tether discontinues support for the EOS and Algorand implementations of its flagship stablecoin USDT.
  
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• Global Leaders in Cryptocurrency Adoption: Argentina on Top - CEOWORLD magazine

  24-06-2024 14:49 via news.google.com
  
  Global Leaders in Cryptocurrency Adoption: Argentina on Top  CEOWORLD magazine
  
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• Coinbase is the most impersonated crypto brand by scammers: Report

  24-06-2024 14:24 via cointelegraph.com
  Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange.
  
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• First Mover Americas: Mt. Gox Repayments Worsen BTC Woes

  24-06-2024 14:01
  
  The latest price moves in bitcoin (BTC) and crypto markets in context for June 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
  
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