SEC Drama Fuels XRP Rally: Open Interest Skyrockets
www.newsbtc.com

The cryptocurrency XRP is making waves as open interest (OI) for the token experiences a dramatic rise. This surge in investor positioning coincides with the ongoing legal battle between Ripple Labs, the company behind XRP, and the US Securities and Exchange Commission (SEC). Bullish Bets On The Horizon Cryptocurrency analysis platform CryptoQuant detected a significant […]

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Binance fined $2.25M by India’s financial intelligence unit
cointelegraph.com

India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance Director and available company records.

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ApeBond Expands to LightLink: Revolutionizing DeFi Bonds with Gasless Transactions
cryptopotato.com

[PRESS RELEASE – Grand Cayman, Cayman Islands, June 19th, 2024] ApeBond is excited to announce its expansion to LightLink, a groundbreaking gasless blockchain network tailored for enterprises, dApps, and millions of users. LightLink, an Ethereum Layer 2 blockchain, empowers dApps and enterprises to offer users seamless, gasless transactions, marking a significant leap in the DeFi landscape. […]

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Ethiopia Approves CBDC Launch Draft Proclamation
news.bitcoin.com

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch […]

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VanEck Brings Bitcoin ETF to Australia's Main Stock Exchange
www.financemagnates.com

The Australian Securities Exchange (ASX) marked a milestone on Thursday with the launch of the country’s first Bitcoin (BTC) exchange-traded fund (ETF) on its main stock market. The VanEck Bitcoin ETF (VBTC) debuted with approximately AUD990,000 ($660,429) in assets, signaling a growing appetite among investors for cryptocurrency-related products. Australia’s Main Stock Exchange Welcomes First Bitcoin […]

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Kraken Security Officer Says Black Hat Entity Exploited Exchange for $3,000,000 Upon Finding ‘Isolated Bug’ in Code
dailyhodl.com

A Kraken executive says that a black hat entity stole $3 million from the firm after finding a bug in the exchange’s systems. In a lengthy thread on the social media platform X, Nick Percoco, Kraken’s chief security officer, says that earlier this month, Kraken received an update from their Bug Bounty program claiming there […]

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Arthur Hayes-Backed Ethena Labs Announces New Tokenomics Update for ENA
dailyhodl.com

Synthetic dollar protocol developer Ethena Labs is updating the tokenomics for its native asset, ENA, in a bid to increase the token’s utility. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” […]

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2024’s Best Cryptos for Mining: BlockDAG & More
nulltx.com

Top 6 Cryptocurrencies to Mine in 2024: BlockDAG, Bitcoin, and More Top Picks for Lucrative Mining As investors increasingly seek passive income avenues, the mining field continues to grow and evolve. BlockDAG emerges as a frontrunner with its pioneering and environmentally friendly mining technologies, claiming the spot as the top cryptocurrency to mine in 2024. […]

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Binance Sends Massive $240 Million Bitcoin to Unknown Wallet: What's Happening?
u.today

Binance spotted moving enormous Bitcoin volumes to unknown address

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<b>Cryptocurrency</b> exchange Binance Holdings appealing $6M fine imposed by Fintrac
www.google.com

In its appeal to the Federal Court, the cryptocurrency exchange company says it does not direct its services at those in Canada and any involvement in …

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It’s ‘Do Or Die’ For Bitcoin Price Soon, Says Analyst
www.newsbtc.com

Josh Olszewicz, a renowned crypto analyst, has recently shared critical insights into the immediate Bitcoin price future, employing two technical analysis frameworks: the Ichimoku Cloud and Bollinger Bands. These tools hint at pivotal moments that could shape the trajectory of the Bitcoin price in the near to medium term. Bitcoin Analysis Using The Ichimoku Cloud […]

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Cop intercepts $40,000 Bitcoin ATM scam by Chase Bank impersonator
cointelegraph.com

The officer intervened during the Bitcoin ATM deposit, preventing the victim from depositing more funds to the machine.

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Pantera Capital Says Solana Set to Gain Market Share From Ethereum And Other Competitors – Here’s Why
dailyhodl.com

Analysts at crypto hedge fund Pantera Capital believe Solana (SOL) could soon start pulling market share away from Ethereum (ETH) and other layer-1 competitors. In its latest Blockchain Letter, Pantera analysts Franklin Bi, Cosmo Jiang and Eric Wallach say that Solana’s monolithic architecture gives it a sizable advantage over other blockchain projects. “Solana’s monolithic design […]

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Coinbase Holding Roughly $55,057,697,000 in Bitcoin (BTC), According to Glassnode
dailyhodl.com

Coinbase is currently holding around 4% of the Bitcoin (BTC) in circulation, according to the blockchain analytics platform Glassnode. Per Glassnode, the top US crypto exchange has approximately 839,000 BTC in its custody. “Coinbase as an entity holds a vast fraction of both aggregate exchange balances, as well the US spot exchange-traded funds (ETF) balances […]

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SEC Scrutiny Puts Circle’s Billion-Dollar IPO Ambitions at Risk
crypto-economy.com

TL;DR SEC expresses concerns about USDC’s classification as a security. Circle’s IPO could be affected by this regulatory review. Other stablecoins like PYUSD and RLUSD are also under SEC scrutiny. The United States Securities and Exchange Commission (SEC) has raised significant concerns regarding Circle Internet Financial’s plans to go public, focusing especially on its USDC […]

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AppNest Challenges Apple and Google with Revolutionary Web3 App Store
crypto-economy.com

TL;DR AppNest, the new app store from APhone, has been launched to revolutionize the dApps space in Web3. The app allows users to install dApps directly to their phones in the cloud, removing the restrictions of traditional app stores. The launch includes the offer of 1,000 access keys and a new Discord role to celebrate […]

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BABY BEERCOIN Pumps Over 100% in 24 Hours as New Meme Coin WienerAI Raises $6M in Buzzing Presale
news.bitcoin.com

It’s been a great 24 hours for BABY BEERCOIN (BBEER) holders. The coin’s price has rocketed over 100% in the past day, now hovering around the $0.00066 level. However, an even quirkier meme coin called WienerAI (WAI) is also doing well – and just passed the $6 million milestone in its token presale event. BABY […]

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Cryptocurrency Exchange Spot Volumes Surge over 170% in a Year
www.financemagnates.com

Bitcoin (BTC) has been maintaining its multi-month highs for another consecutive month, just a step away from its historical highs. It is driving investor activity and, consequently, the trading volumes of the largest crypto exchanges. In May, the spot volume for the top ten platforms exceeded $1 trillion, growing by 173% compared to the same […]

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Shiba Inu, Dogecoin, Cardano Extremely Undervalued: Are They Primed for Rebound?
cryptopotato.com

The cryptocurrency market has been lackluster, with top assets trading sideways, showing minimal volatility and limited price movement. Despite this period of stagnation, data suggests that most of these digital assets are undervalued and have more upside potential. SHIB, DOGE, ADA Immensely Undervalued According to Santiment’s latest findings, the 30-day Market Value to Realized Value […]

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Legendary Trader Peter Brandt Makes Crucial Bitcoin-to-Gold Comparison
u.today

Timing of Brandt’s question coincides with period of uncertainty, with Bitcoin falling to one-month low

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Crypto firm Consensys says US regulator has closed inquiry into Ethereum 2.0 – Reuters
www.google.com

The U.S. Securities and Exchange Commission has closed its investigation into the blockchain protocol Ethereum 2.0, cryptocurrency firm Consensys …

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Bitcoin Takes Control In Market Meltdown, Dominance Climbs To 9-Week Peak
www.newsbtc.com

The cryptocurrency market is currently experiencing significant turbulence, prompting a shift in investor behavior towards Bitcoin, which has traditionally been seen as the safest asset within the digital currency ecosystem. This shift has resulted in Bitcoin’s dominance climbing to a nine-week high of 57%. Amidst the market chaos, Bitcoin has emerged as a beacon of […]

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Binance Labs Announces Investment in New Cross-Chain DEX and Bridging Aggregator
dailyhodl.com

Binance’s venture capital arm is announcing an investment into a new cross-chain decentralized exchange (DEX) and bridging aggregator. In a new blog post, the world’s largest crypto exchange by volume says that it is investing an unspecified amount of money into interoperability DEX Rango. Rango is a cross-chain exchange that aggregates sources and connects traders […]

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Ethereum Holders Keep Growing in Numbers and Showing No Signs of Capitulation Despite Price Drop: Santiment
dailyhodl.com

The number of Ethereum (ETH) holders continues to rise despite the top altcoin’s declining price, according to the analytics platform Santiment. Santiment notes that ETH’s growing number of wallets comes as Bitcoin (BTC) wallets have been dropping since mid-March. “Bitcoin holders have just had their biggest three-day drop in non-empty wallets since just prior to […]

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5 High-Growth Cryptos to Invest in Now
nulltx.com

In the ever-dynamic world of cryptocurrencies, identifying assets with substantial growth potential can lead to significant returns. As the market anticipates the next bull run, here are five cryptocurrencies poised for high growth and worthy of consideration for your investment portfolio. PawFury – The New Rising Star PawFury has quickly emerged as a standout in […]

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XRP price could break out as open interest increases
cointelegraph.com

Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple.

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Breaking: US SEC Ends Investigation into Ethereum 2.0, Says No Further Legal Action Will Be Taken
cryptonews.com.au

The SEC has closed its investigation into Ethereum 2.0, dropping allegations that Ether sales are securities. Consensys argued that recent ETF approvals implied ETH is a commodity, leading to the investigation’s closure. The decision may spark discussions on listing other altcoin ETFs, but Consensys emphasises ongoing challenges in the crypto industry. In a major breakthrough […]

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Ready To Go! VanEck’s VBTC Bitcoin ETF Starts Trading on ASX in Australian First
cryptonews.com.au

VanEck’s VBTC Bitcoin spot ETF lists on the ASX today, the first such fund to come to the nation’s largest exchange.  The ETF’s structure is a ‘feeder fund’, investors in VBTC gain exposure to Bitcoin through VanEck’s US-based HODL ETF. It’s go time! Today’s the day that the first ever Bitcoin spot ETF launches on […]

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Bitwise Investments Updates Ethereum ETF Filing, Reveals $2.5M Seed Interest
news.bitcoin.com

Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (SEC), revealing $2.5 million in seed investment interest. Bitwise’s Ether ETF Filing With SEC Highlights Pantera’s Interest As the spot […]

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Bybit Marks 30 Million Users as New Copy Trading Platform Debuts
www.financemagnates.com

Bybit, the second largest crypto exchange by spot volumes, announced on Wednesday that it has achieved a major milestone of 30 million registered users worldwide. The company also unveiled Copy Trading Pro, a new platform that enables investors to mirror the strategies of more experienced traders to potentially earn passive income with more consistent returns. […]

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Donald Trump Pushes For USA to Lead in Bitcoin
bitcoinmagazine.com

Former president Donald Trump is doubling down on his pro-Bitcoin stance, arguing that the USA must lead in Bitcoin and crypto or risk falling behind. Trump has emerged as a vocal Bitcoin advocate while campaigning for the 2024 election. Trump became the first US president to accept Bitcoin lightning payments and oppose central bank digital […]

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The Explosive Rise of Stablecoins: Transfers Surge 10-Fold to Over $1 Trillion Monthly in Just 4 Years
crypto-economy.com

TL;DR The volume of stablecoin transfers has grown more than 16 times in the past four years, reaching a monthly record of $1.68 trillion in April 2024. ‘Stablecoins’ act as a bridge between the traditional financial system and digital assets. Total market capitalization has increased by 24% this year, surpassing $162 billion. More than 31.1 […]

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