The Memecoin Frenzy Has Ignited a Scalability Arms Race
news.bitcoin.com

Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group of tokens has witnessed persistent success regardless of the current market backdrop: memecoins. Known […]

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Layer-1 Blockchain Network Passes Decentraland To Become Crypto’s Top Gaming Project for Development: Santiment
dailyhodl.com

A layer-1 blockchain passed the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top crypto gaming project in terms of development activity, according to the analytics platform Santiment. Santiment notes that MultiversX (EGLD), formerly known as Elrond, registered 236.93 notable GitHub events, compared to 150.4 events for Decentraland. The non-fungible token (NFT) layer-2 […]

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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
cryptopotato.com

Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI Hyperscaler. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing (HPC) operations. Core Scientific Ventures into AI […]

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Cardano Skyrockets Jaw-Dropping 180% in Volume: Bullish for ADA Price?
u.today

Cardano’s ADA price pump triggers 180% surge in volume: Is FOMO in?

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BDAG Skyrockets, Outshining GameStop and TON Movements
nulltx.com

BlockDAG Surges 1000% and Toncoin Climbs 237%, While GameStop Rises 70%: Reasons Behind the Recent Crypto Market Rally With the Toncoin and Gamestop having their turbulence, BlockDAG has firmly placed itself at the forefront of the crypto scene, achieving a spectacular 1000% increase in price.  While GameStop’s meme-coin surged 250% thanks to the famed “Roaring […]

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Kenya's Shifting Stance on <b>Cryptocurrency</b>: A New Era of Regulation? | Africa24.it
www.google.com

Exploring Kenya's Evolving Approach to Cryptocurrency Regulation The Kenyan government's recent move to engage with Marathon Digital Holdings, …

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Liquidation Alert As High-Risk Loans On Aave Reach $1 Billion – Details
www.newsbtc.com

According to a report by data analytics company IntoTheBlock, the volume of high-risk loans on the prominent Aave Protocol is reaching high levels as general loan volume in the DeFi space records multi-year highs. This development is believed to stem from investors exploring various investment strategies in a bid to maximize profits in a highly […]

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Roaring Kitty’s GME shares hit $1B, BTC open interest soars, and other news: Hodler’s Digest, June 2-8
cointelegraph.com

GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws target digital assets.

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Arthur Hayes Says Central Banks About To Catapult Bitcoin and Altcoins to New Heights – Here’s Why
dailyhodl.com

BitMEX co-founder Arthur Hayes says that a shift in policy from the central banks is about to boost crypto assets into a new bullish phase. In a new essay, Hayes, now the CIO of crypto investment fund Maelstrom, notes that both the Bank of Canada (BOC) and the European Central Bank (ECB) have decided to […]

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Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year
news.bitcoin.com

Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after losing court battles. XRP ETFs Likely Approved Next Year, Ripple’s CEO Says Ripple CEO Brad […]

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This Week’s Best and Worst Altcoin Performers Revealed as BTC Stalls Above $69K (Weekend Watch)
cryptopotato.com

As it keeps happening during the past several weekends, bitcoin’s price action is quite dull and the asset has failed to make a big move out of its $69,300 position. The landscape with the altcoins is quite different, though, as many of them are in the red on a daily and even on a weekly […]

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Bitcoin (BTC) All-Time High Incoming? Derivative Traders Place Bold Bet
u.today

This increase in optimistic sentiment demonstrates increased confidence among market players in Bitcoin’s near-term prospects

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Binance reaches 200M users with $100B in assets under custody
cointelegraph.com

The 200 million user mark represents over a third of all cryptocurrency holders worldwide.

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ICE-Backed Crypto Marketplace Bakkt Mulling Possible Sale: Report
cryptonews.com.au

A crypto marketplace backed by the owners of the New York Stock Exchange (NYSE) is reportedly mulling over the possibility of a sale. According to a new report by Bloomberg, anonymous sources familiar with the matter say that crypto firm Bakkt has been working with a financial advisor to contemplate its future options, including the […]

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Donald Trump Refers to Himself As ‘The Crypto President’ in Bid for Donations From Digital Asset Sector: Report
cryptonews.com.au

Former president Donald Trump continues to bill himself as the crypto-friendly candidate in a bid to secure donations from the digital asset sector. Trevor Traina, a tech executive, tells Reuters that Trump said “he would be the crypto president” at a recent San Francisco fundraiser. Traina previously served as the US ambassador to Austria during […]

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1 Top <b>Cryptocurrency</b> to Buy in June Before It Potentially Skyrockets in Value – sharewise
www.google.com

Through the first five months of 2024, Solana (CRYPTO: SOL) has more than kept pace with both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

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Crypto Analyst Gives Reasons Why A Face-Melting Bull Run Is On The Horizon
www.newsbtc.com

Crypto analyst Lark Davis recently predicted that this bull run could be more massive than most people imagine. He outlined why this market cycle could stand out from previous ones.  Why This Bull Run Will Be “Face Melting” Davis mentioned in an X (formerly Twitter) post that crypto market participants are about to witness a […]

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BlockDAG’s 30,000x ROI Attracts BLASTUP’s Investors
nulltx.com

Investors Rally to BlockDAG for 30,000x ROI Following Stellar Keynote 2; Shift Away from BLASTUP’s Upcoming Launch With the BLASTUP launch coming up, BlockDAG’s recent Moon Keynote has lit a fire under its presale efforts, amassing an impressive $46.8 million from the sale of over 11.1 billion BDAG coins. This groundbreaking event has placed BlockDAG […]

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Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins
news.bitcoin.com

Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, […]

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Friend.tech's plan to develop own blockchain leaves users confused
cointelegraph.com

Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain.

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Bitcoin To Explode to $135,000 by End of 2024 Courtesy of These Three Catalysts, Says BitGo CEO Mike Belshe
dailyhodl.com

The CEO of digital asset custodian BitGo, Mike Belshe, believes Bitcoin (BTC) could rally by up to 94% over the next six months. Belshe says in a new Kitco News interview that Bitcoin “will be somewhere around $125,000 to $135,000″ by the end of this year. Bitcoin is trading at $69,470 at time of writing. […]

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ScroogeToken Launches with Daily Rewards and $150K Funding
cryptopotato.com

[PRESS RELEASE – Dover, DE, USA, June 8th, 2024] The cryptocurrency world welcomes a new and exciting project, ScroogeToken, an innovative token that aims to offer rewards and investment potential. Inspired by the iconic character Scrooge McDuck from Disney, ScroogeToken is designed to offer a unique and efficient user experience. ScroogeToken offers a unique feature […]

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Bitcoin's Big Breakout Coming Soon? Satoshi's Ally Predicts When
u.today

Bitcoin’s price holding above $70,000 triggers scrutiny from Adam Back, closely linked to Satoshi Nakamoto

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DOJ Charges Epoch Times Exec with Laundering $67M Using <b>Cryptocurrency</b>
www.google.com

The DOJ alleges that Guan was involved in an international scheme to launder around $67 million of illicit funds using cryptocurrency. The Scam.

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Cardano Bloodbath? Sell-Off Raises Fears Of Imminent ADA Price Drop
www.newsbtc.com

Cardano (ADA), the smart contracts platform aiming to dethrone Ethereum, is facing a balancing act. While the token has seen a recent price increase, a potential exodus by major investors casts a shadow of doubt. Will Whales Drag ADA Down? On-chain data reveals a cause for concern for Cardano bulls. Addresses holding a significant amount […]

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Russia, China Developing ‘Independent Payments System’ To Ditch US Dollar, Avoid ‘External Interference’: Vladimir Putin
cryptonews.com.au

A group of economically-aligned nations say they’re building an “independent payments system” in a move away from the US dollar. At the SPIEF 2024 Conference in Saint Petersburg, Russian President Vladimir Putin said work is underway on a system designed to safeguard the sovereignty of national currencies. “Within BRICS, we’re working on shaping an independent […]

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Donald Trump Vows to Be the ‘Crypto President’ — Pledges to End Biden-Gensler Crypto Policies Within One Hour
news.bitcoin.com

Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if re-elected. He vowed to terminate the anti-crypto policies introduced by Joe Biden and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, emphasizing that their policies “will grind to a halt within one hour of a second Trump administration.” […]

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Donald Trump doubles down on crypto support at fundraiser event — Report
cointelegraph.com

Donald Trump reportedly announced his goal to be the “crypto president” at the event, where he raised $12 million.

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Analyst Michaël van de Poppe Says One Solana Rival’s Upward Momentum ‘Inevitable,’ Updates Outlook on Bitcoin
dailyhodl.com

Cryptocurrency analyst and trader Michaël van de Poppe believes that one Solana (SOL) challenger may be gearing up to witness a bullish reversal. Van de Poppe tells his 719,300 followers on the social media platform X that a “new round of upwards momentum seems inevitable” for Sei (SEI). Source: Michaël van de Poppe/X According to the […]

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Bitcoin Is on the Cusp of a ‘Historic Breakout,’ According to Crypto Analyst – Here’s What He Means
dailyhodl.com

A widely followed crypto analyst believes Bitcoin (BTC) may be just days away from an explosive rally based on historic precedence. Pseudonymous crypto trader Rekt Capital tells his 475,500 followers on the social media platform X that Bitcoin could soon enter a phase of the market cycle that in 2020 and 2021 saw massive gains. […]

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BDAG Set to Reach $30? LTC Investors? MANTRA & Ondo Team Up
nulltx.com

BlockDAG Eyes $30 Target Amid 1000% Increase, As LTC Investors Seek New Ventures; MANTRA & Ondo Unite Litecoin (LTC) investors are branching out into alternative cryptocurrencies as its value declines, in search of promising returns. In the meantime, MANTRA and Ondo are drawing attention by launching a new savings product backed by short-term US Treasuries. […]

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Bitcoin (BTC) Bears Should Prepare Themselves
u.today

Bitcoin hiding something from bears, and it’s great for bulls

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