Stand with Crypto Alliance Hits 1 Million Supporters, Sends Strong Message to Washington as Election Approaches
crypto-economy.com

TL;DR Milestone Achievement: Stand With Crypto, supported by Coinbase, has reached 1 million members, advocating for crypto’s importance across various states and political lines, and has established a PAC to influence policy. Political Influence & Funding: With millions in donations and significant campaign-finance contributions, the group aims to mobilize crypto enthusiasts to shape policies favorable to […]

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Lawsuit Filed as Investors Seek to Reclaim Lost Assets in JPEX Scandal
www.financemagnates.com

Two individuals have filed a civil claim against Hong Kong-based cryptocurrency exchange JPEX, seeking to recover over HK$1.85 million. This lawsuit is the first civil action related to an alleged fraud case involving more than 2,600 victims with total losses amounting to HK$1.6 billion. A lawmaker indicated that ten more victims plan to take similar […]

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Ethereum Price Indicators Flash Green: More Upsides Ahead?
www.newsbtc.com

Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum if it clears the $3,880 and $3,920 resistance levels. Ethereum is holding gains above the $3,800 level. The price is trading above $3,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]

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Riot Platforms bounces after damning report claiming collapse
cointelegraph.com

Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital.

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Bitcoin and Other Crypto Assets on the Cusp of ‘Significant Move,’ Says Jason Pizzino – Here’s His Outlook
dailyhodl.com

Cryptocurrency analyst and trader Jason Pizzino is offering his thoughts on the potential trajectory for the digital asset market going forward. Pizzino tells his 328,000 YouTube subscribers that the Average True Range indicator is suggesting that “another significant move” is imminent for Bitcoin (BTC) and other crypto assets. The ATR is used to measure the […]

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Most Important Bitcoin (BTC) Chart Made All-Time High, Here's What It Means
u.today

Global liquidity is changing landscape of cryptocurrency market

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<b>Cryptocurrency</b> Prices on June 6: Bitcoin holds near $71K, Altcoins trade flat
www.google.com

Meanwhile, the global cryptocurrency market cap fell by 0.22% to around $2.63 trillion in the last 24 hours. "Bitcoin hovered around the $71,000 level …

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BlackRock to Launch National Stock Exchange to Compete with NYSE, Tokenisation to Play Role?
cryptonews.com.au

The world’s largest asset manager, BlackRock, is a major investor behind a push to launch a new US stock exchange based in Texas. The Texas Stock Exchange (TXSE) would compete with Nasdaq and NYSE, aiming to expand access to US capital markets for all investors and public companies. Yeehaw! Could the home of black gold […]

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VanEck CEO Predicts BTC to Reach 50% of Gold Market Cap, Approx 5x From Now
cryptonews.com.au

The CEO of VanEck publicly stated he believes that Bitcoin’s market cap will be worth approximately US $7T in the next 5-10 years. Speaking at Paris Blockchain Week, van Eck noted that several factors suggested BTC may eventually usurp gold as an alternative inflation hedge.  Van Eck’s prediction would see BTC skyrocket to over US […]

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Robinhood Bets Big on Crypto with $200M Acquisition of Bitstamp
cryptopotato.com

Popular trading platform, Robinhood, has reached an agreement to acquire cryptocurrency exchange, Bitstamp. This purchase aims to bolster Robinhood’s presence in the crypto space across the world while simultaneously attracting institutional clients by offering new products. The all-cash deal is valued at $200 million and is anticipated to be finalized in the first half of […]

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39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon
news.bitcoin.com

The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them, highlighting a keen interest in this modern asset class. These offices are motivated by the desire to stay abreast of new investment […]

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HRF Grants 10 BTC To Worldwide Projects Advancing Bitcoin
bitcoinmagazine.com

Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants at the Oslo Freedom Forum, per a press release sent to Bitcoin Magazine. 10 bitcoin, currently worth $704,740 at the time of writing, is being granted across 13 different projects around the world. The funds will be used to advance education […]

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Bitcoin, Raboo and Ondo Are Trending This Week, Why Are Analysts Excited?
nulltx.com

The crypto market was a hub of activity last week, even if only some areas were particularly involved. Bitcoin (BTC), Ondo (ONDO), and Raboo ($RABT) trended across networks, all for different reasons. Bitcoin price and its hack in the DMM exchange, ONDO breaking past its ATH again, and Raboo’s 60% spike in presale were talking […]

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100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K
cointelegraph.com

Long-term Bitcoin holders are now all in the green, thanks to BTC’s recent climb above November 2021’s all-time high.

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DOJ Arrests CFO of Media Outlet Epoch Times for Alleged $67,000,000 Money Laundering Scheme Involving Crypto
dailyhodl.com

The U.S. Attorney’s Office, Southern District of New York (USAO-SDNY), is charging the chief financial officer of The Epoch Times, Bill Guan, with one count of conspiring to commit money laundering and two counts of bank fraud. According to the USAO-SDNY, Guan entered into a transnational conspiracy with others that included the media outlet’s foreign-based […]

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TON Surges Over 7%, Joins Top 10 Cryptocurrencies by Market Cap
crypto-economy.com

TL;DR TON’s Remarkable Surge: The Telegram Open Network (TON) has experienced an impressive 10% surge in just 24 hours, propelling it into the top 10 cryptocurrencies by market cap. Its value now stands at nearly $18 billion, with a current trading price of $7.25. Altcoin Momentum: While TON shines, other altcoins are also making waves. […]

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Tether Expands B2B Payments: $18.75M XREX Investment and New XAU1 Stablecoin
crypto-economy.com

TL;DR Tether invests $18.75 million in XREX Group to drive cryptocurrency adoption and global financial inclusion. The investment aims to revolutionize cross-border payments with the launch of XAU1, a new stablecoin. The collaboration also aims to innovate in regulatory technology to prevent the illegal use of stablecoins, thereby strengthening security in the crypto ecosystem. Tether, […]

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SEC Chair Warns Crypto Exchanges: Actions Speak Louder Than Disclosures
www.financemagnates.com

US Securities and Exchange Commission (SEC) Chairman Gary Gensler delivered a cautionary message to cryptocurrency exchanges, underscoring that merely providing disclosures to investors does not immunize them from regulatory scrutiny. Crypto Disclosure Gaps and Regulatory Concerns Speaking in an interview with CNBC yesterday (Wednesday), Gensler stressed the inadequacy of disclosures alone, especially if crypto exchanges […]

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XRP Price Faces Hurdles: Will It Overcome the Obstacles?
www.newsbtc.com

XRP price is slowly moving higher above the $0.5200 zone. It is now facing hurdles near $0.5320 and might correct lower in the near term. XRP is attempting a fresh increase above the $0.5250 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There was a break below a key […]

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Bitcoin (BTC) Price Predicted to Reach $100,000 by Mike Novogratz
u.today

Mike Novogratz predicts that the largest cryptocurrency is on track to hit $100,000 this year

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Crypto exchange Binance seeks to slash size of $13 billion UK lawsuit – Business Standard
www.google.com

… cryptocurrency. Binance and exchanges including Kraken are being sued at London's Competition Appeal Tribunal (CAT) in a case brought on behalf of …

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FBI Warns of Crypto Scams in Fake Work-From-Home Jobs
news.bitcoin.com

The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating services, promising payment through complex and deceptive crypto-based compensation structures. Victims are often tricked into making […]

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What is Bitcoin?  You don’t know and you can’t explain it!
bitcoinmagazine.com

Bitcoin is digital gold. Bitcoin is an inflation hedge. Bitcoin is money. Bitcoin is a technology. Bitcoin is software. Bitcoin is hope. Bitcoin is an electrical system. Bitcoin is a heating system. The reality is that all of them are wrong, in the sense that all of them are just a partial description of what […]

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Nibiru EVM To Transform Ethereum Capabilities for Tomorrow’s Web 3.0
dailyhodl.com

June 5, 2024 – Tortola, British Virgin Islands Nibiru EVM execution boasts blazing-fast transaction speeds, scalability and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web 3.0. Overcoming Ethereum’s scalability hurdles Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance EVM (Ethereum Virtual Machine) execution environment, […]

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Over 40% of Bitcoin (BTC) Supply Now Held by This Group of Whale Addresses
cryptopotato.com

Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or “whales” holding over […]

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ETH ecosystem users 9X since 2020 as VanEck tips $22K by 2030
cointelegraph.com

The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue.

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PEPE Millionaire Bets on AI Dark Horse With $800K Invested, Calls It Best ROI Crypto in 2024
nulltx.com

A PEPE millionaire known for smart move­s in the crypto world recently made­ a bold investment. The investor put $800,000 into Algote­ch, an AI-driven trading platform. This large investment has caught the­ attention of many in the crypto community. The inve­stor has publicly stated that Algotech will provide the­ best return on investme­nt (ROI) in […]

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US Legislators Rally Behind Binance's Executive Detained in Nigeria
www.financemagnates.com

US lawmakers have accused Nigeria of holding Binance’s executive hostage and called for President Joe Biden to intervene and secure the executive’s release, Bloomberg reported. In a recent letter, sixteen Republican congressmen, led by Michael McCaul, Chairman of the House Foreign Affairs Committee, urged President Biden to address the detention of Tigran Gambaryan, a US […]

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Dogecoin Holds Strong Support: DOGE Primed for a Major Move Higher!
www.newsbtc.com

Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650. DOGE price is moving higher above the $0.160 resistance zone. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key bullish trend […]

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Vitalik Buterin Slams Celebrity Tokens, Calls for Meaningful Crypto Use
crypto-economy.com

TL;DR Vitalik Buterin’s Concern: Ethereum co-founder Vitalik Buterin has expressed concern over the trend of celebrity-endorsed memecoins. He warns that many such tokens have a fleeting lifespan and can leave investors disillusioned. Criteria for “Worthiness”: Buterin suggests that worthy celebrity-led crypto projects should aim for positive societal change, promise a lifespan exceeding ten years, and […]

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Santiment Reveals Crypto’s Top Real World Assets by Development: These Altcoins Could be the New Gems
crypto-economy.com

TL;DR Santiment unveils a report on developer activity in RWA cryptocurrencies, highlighting their growing interest over the past month. The list of the top ten RWA altcoins includes projects like Maker DAO, Oraichain, and Polymesh Network, which experienced a significant surge in development activity. Chainlink emerges as the RWA altcoin with the highest developer activity, […]

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Bitcoin ETFs Record Shockingly High Inflows
u.today

Bitcoin ETFs saw tremendous inflows on Tuesday, but it remains to be seen whether the largest cryptocurrency will be able to log a new all-time high in the near future

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