Vitalik Buterin Defends Meme Coins: Potential for Positive Societal Impact
crypto-economy.com

TL;DR Vitalik Buterin defends memecoins, arguing that they have practical applications in daily life, beyond entertainment and speculation. Buterin highlights seven potential uses of memecoins, including identity verification in online communities, cross-border payments, and rewards on decentralized social platforms. Despite the criticisms and regulatory challenges, the Ethereum co-founder believes that memecoins can contribute to society […]

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Ethena’s $ENA Token Drops Below $0.70 Amid Major Whale Activity
nulltx.com

Ethena’s $ENA token has fallen below the $0.70 mark. On-chain reports indicate that Whale 0x886 recently deposited the remaining 3.879 million ENA, valued at approximately $2.83 million, to Binance at a price of $0.728. This move marks the conclusion of the whale’s first trade with ENA, resulting in an estimated total loss of $13.01 million, […]

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Kenya's <b>Cryptocurrency</b> Regulation Partnership: Paving the Way for Economic Transformation
www.google.com

… cryptocurrency industry by partnering with Marathon Digital Holdings, a leading Bitcoin mining company. This collaboration has sparked discussi.

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Fidelity Analyst Issues Warning, Says Massive Spike in Money Supply Needed for Bitcoin and Gold To Shine
dailyhodl.com

A macro analyst at the investment giant Fidelity thinks there needs to be a sustained spike in money supply to bolster the argument that Bitcoin (BTC) and gold are stores of value that hedge against government-induced inflation. Jurrien Timmer, the director of global macro at Fidelity, notes on the social media platform X that sustained […]

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Brazil's Largest Bank Itaú Opens Bitcoin and Crypto Trading to All Users
bitcoinmagazine.com

Itaú Unibanco, Brazil and Latin America’s biggest bank has opened Bitcoin and crypto trading to over 60 million customers, as per reports. BREAKING: 🇧🇷 60,000,000 customers at Brazil's largest bank can now start buying #Bitcoin and crypto. Gradually then suddenly 🙌 pic.twitter.com/KXSjPLFzCP — Bitcoin Magazine (@BitcoinMagazine) June 12, 2024 The bank’s investment app, Ion, now […]

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Bitcoin miners rise 10% after Trump promises to back US miners
cointelegraph.com

The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.

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Solana On-Chain Indicators Suggests A Return Of Bullish Sentiment, Is It Time To Buy SOL?
www.newsbtc.com

Certain on-chain indicators paint a bullish picture for Solana (SOL), suggesting this may be an excellent time to purchase the crypto token. This aligns with Solana’s price movement on the chart, with technical analysts predicting that an upward trend might be on the horizon.  Solana Enjoying Greater Adoption Data from the market Intelligence platform IntoTheBlock […]

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Largest Ethena (ENA) Staker Sells $14.1M in Tokens, Suffers $13M Loss
cryptopotato.com

ENA – the native token of Ethena – has been facing significant selling pressure in recent weeks. After an extended period of price declines, ENA plunged to $0.73, representing its weakest price level since May 20th. This, in turn, has translated to huge losses for ENA stakers. Lookonchain revealed that the largest ENA staker, who […]

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Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops
news.bitcoin.com

A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into nontraditional currencies threatens to further erode the euro’s share of foreign exchange reserves. Euro’s Decline Coincides with US […]

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Solana (SOL) Price Prediction for June 13
u.today

Can traders expect bounce back of Solana (SOL) by end of week?

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DXtrade Teams Up with Sage Capital to Boost Crypto Liquidity for Brokers
www.financemagnates.com

DXtrade has partnered with Sage Capital Management to offer brokers crypto liquidity. This collaboration aims to provide brokers and their clients with better trading conditions and efficient settlements. This partnership seeks to offer brokers services that enhance their trading operations. Enhanced Crypto Liquidity Sage Capital Management provides institutional-grade crypto spot and perpetual liquidity, focusing on […]

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Fortune 500 Companies Are Moving On-Chain, With 35% of Executives Drawing Up Tokenization Plans: Coinbase Report
dailyhodl.com

New research by the top US-based crypto exchange Coinbase reveals that Fortune 500 companies are slowly opening up to blockchain. In a new report, Coinbase details how blockchain technology is drawing top blue-chip corporations. According to the crypto exchange, a survey of Fortune 500 executives found that over half of them are currently working on […]

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Major Players Hold Over 27% of Bitcoin, Signalling Strong Market Confidence and Stability
cryptonews.com.au

Bitcoin’s dominance and maturity as an asset has been reaffirmed by new insights that show major institutions hold a huge 27% of the cryptocurrency’s available supply. Analysis from Glassnode finds that of the large entities holding BTC, US-based spot Bitcoin ETFs account for 862K of Bitcoin—second only to exchanges, which hold 2.3M BTC. Major entities […]

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Binance Academy: A gateway to <b>cryptocurrency</b> knowledge for Pakistanis – Dawn
www.google.com

It is an educational platform offered by the top cryptocurrency exchange Binance. The exchange offers a wide range of cryptocurrencies, including …

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Polygon Labs Launches Privado ID: A New Era of Self-Sovereign Identity
crypto-economy.com

TL;DR Rebranding and Expansion: Polygon ID has transitioned to Privado ID, marking a strategic expansion beyond the Polygon network to foster a new era of self-sovereign identity, leveraging Iden3 Protocol and PolygonID technology for data protection. Leadership and Future Goals: Under the leadership of CEO David Schwartz and COO Antoni Martin, Privado ID aims to revolutionize […]

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Bitcoin ETF Volume Reaches Peak As Market Conditions Stir Turnaround Hopes
nulltx.com

Bitcoin ETF trading volume surged to its highest level since May 15, according to data from the seven largest ETFs. This spike in volume often signals a potential price turnaround for Bitcoin. Bitcoin ETF volume has jumped to its highest level since May 15th, according to data from the top 7 largest ETF's. When these […]

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Between Bitcoin Layers: Boltz Builds Trustless Transfers
bitcoinmagazine.com

Company Name: Boltz Founders: Kilian and Michael Date Founded: Project began in 2019 | Incorporated in 2023 Location of Headquarters: Remote | Incorporated in El Salvador Amount of Bitcoin Held in Treasury: 100% of treasury is BTC Number of Employees: 5 Website: https://boltz.exchange/ Public or Private? Private Swapping sats between Bitcoin layers can be difficult, […]

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Britain’s public healthcare chief flags rise in crypto trading addiction
cointelegraph.com

NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.

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FET, OCEAN, And AGIX Drop 8% After ASI Token Merger Delay
www.newsbtc.com

The Artificial Superintelligence Alliance (ASI) announced its token merger would be postponed to next month after presenting logistical and technical issues. The alliance was set to merge Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the ASI token on Thursday. As a result, the three AI tokens faced a 4% drop in the last […]

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Euro-Pegged Stablecoin Volumes Grow As New Regulation Acts As Potential Boon for Sector: Kaiko
dailyhodl.com

Euro-pegged stablecoin use is increasing amid new European crypto regulations that phase in over time, according to digital asset analytics firm Kaiko. In a new report, Kaiko says that the European crypto market is facing big changes as the regulations impacting stablecoins in the 2023 Markets in Crypto Assets (MiCA) law go into effect later this […]

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President of $4,250,000,000 Investment Firm Says Crypto Markets Still Have ‘Quite a Way To Run’ – Here’s Why
dailyhodl.com

The president of a multibillion-dollar investment firm says that the digital assets market still has a long way to run. In a new interview with Bloomberg, 21Shares co-founder and president Ophelia Snyder says that the crypto markets are still in their infancy despite having an overall market cap of $2.6 trillion. “[Our] short-term outlook is […]

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Terraform Labs Agrees To Pay $4.47 Billion Fine With SEC
cryptopotato.com

Terraform Labs has reached a settlement in its lawsuit with the Securities and Exchange Commission (SEC), with the defunct crypto firm agreeing to pay a $4.47 billion fine for its fraudulent activity related to the defunct Terra blockchain. In a Wednesday letter to US District Judge Jed Rakoff, the SEC asked for approval of its […]

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As UK Elections Approach, Crypto Industry Leaders Turn Attention to Keir Starmer, Labour Party
news.bitcoin.com

With U.K. opinion polls indicating a strong performance by the Labour Party in the July 4 elections, crypto executives and lobbyists are reportedly focusing their attention on party leader Keir Starmer. The crypto industry has also prioritized two other pro-tech Labour Party leaders in its ongoing effort to influence the U.K. government’s policy on digital […]

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Peter Schiff Issues Major Bitcoin Warning: ETFs Won't Save You
u.today

Gold bug Peter Schiff is already gloating over Bitcoin’s most recent crash

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Epic Cash's Fifth Year: A Testament to Secure and Decentralized <b>Cryptocurrency</b> and a …
www.google.com

Epic Cash, is not just another cryptocurrency with a nice logo on the crypto market. Epic Cash is a standalone layer 1 blockchain with decentralized …

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On the Radar – Coins to Watch 13/06
cryptonews.com.au

As Bitcoin hovers just below $70,000 USD, things have stagnated for nearly three months, which I’m sure is leading to fatigue amongst many investors. Despite this, there are important updates to discuss. This week brought significant economic news, which I will cover below. But to start, let’s take a moment to zoom out and refresh […]

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LFG Learnings Report: Digital Asset Computing Is an Economically Viable Approach to Reducing Landfill Methane Emissions
bitcoinmagazine.com

Abstract In this study, we reveal that it is not only feasible but economically viable and environmentally beneficial to use landfill gas (LFG) for digital asset compute (e.g., Bitcoin mining). To support this theory, Marathon partnered with Nodal Power to harness excess capacity from their project, which is exclusively powered by landfill methane gas. This […]

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Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’
cointelegraph.com

Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.

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Here’s Why Memecoins Are Outperforming Most Altcoins This Cycle, According to Analyst Will Clemente
dailyhodl.com

A popular on-chain analyst is providing a rationale for why memecoins have massively outperformed most altcoins this cycle. In a new interview with Bitcoin (BTC) bull Anthony Pompliano, Will Clemente says that traders are diving into memecoins because they believe that it’s the crypto sector that offers the highest upside potential. Clemente highlights that while […]

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DeFi Technologies Stakes 1,498 BTC to Validate Core Chain Transactions
crypto-economy.com

TL;DR DeFi Technologies announces the launch of a validator node on Core Chain, a Bitcoin-powered blockchain. The collaboration with Core Foundation drives the initiative, with plans to stake approximately $100 million in Bitcoin (BTC). The company has also adopted Bitcoin as its primary treasury reserve asset. DeFi Technologies, a Toronto-based digital asset company, has announced […]

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Can DTX Exchange Cross $1 Million Presale in June as Global Investors Shift From Solana and Ripple as Early Stakeholders
nulltx.com

The cryptocurrency market is witnessing a surprising shift as global investors move away from Solana (SOL) and Ripple (XRP) and put their money on DTX. This new rival has stolen the spotlight with its exciting and highly lucrative trading features. As traders prepare for the next bull market, they’re eyeing the DTX Exchange for up […]

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Historical Trends Suggest Shiba Inu Price Will Rally 1,000% To $0.00024, Analyst Reveals When
www.newsbtc.com

Crypto analyst Eljaboom has provided insights into how Shiba Inu (SHIB) could rise in this bull run. The analyst alluded to history to show that the second-largest meme coin by market cap can still reach unprecedented heights.   Shiba Inu To Reach $0.00024 In This Bull Run Eljaboom suggested in an X (formerly Twitter) post that […]

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