Crypto Trading Volume Plummeted in June as Prices Stabilized

After recording one of the best months yet in May, the cryptocurrency trading industry performed dismally in June. In a month where crypto prices gained some stability, the spot trading volume went down by over 50%.

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Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020

Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review.

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June's Bitcoin Options may have painted a less than accurate picture

When compared to April and May, June can be considered to be a disappointing month for Bitcoin. A Price depreciation of over 13 percent summed up Bitcoin's turbulent Q2. Initially, after the halving iThe post June's Bitcoin Options may have painted a less than accurate picture appeared first on AMBCrypto.

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Decentralized Exchanges Set Record High Of $1.5 Billion In June

According to the Dune Analytics research team, DEX activity soared wildly in June 2020. Comparing this to May 2020, we see a 70% growth with a remarkable volume of $1. 5 billion. The accumulated volume for May 2020 was $894.

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Decentralized Exchange Volumes Up 70% in June, Pass $1.5B

June trading volume on decentralized exchanges set a record high of $1.52 billion, up 70% from May.

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BTC Peers Announces Awards of up to $5,000 For News Tips

30th June, 2020 – The BTC Peers cryptocurrency news platform is looking to serve its audience by being the first to publish insider reports that may be useful to decision makers. BTC Peers is also looking to publish news before they occur or are announced.

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TOP 3 Bitcoin and Crypto News for Today: 26 June ? BTC?s ?Intra-Day Volatility?, Ripple?s CTO on BTC, & Altcoins Thanks PayPal

Bitcoin (BTC) subject to ?intra-day volatility?, Ripple?s CTO says that the price of Bitcoin (BTC) won?t decrease, and altcoins may have an edge thanks to PayPal listing.

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IOTA (MIOTA) Could Launch First Public Coordicide Testnet By June End

IOTA (MIOTA), a distributed ledger technology (DLT) project focused on the Internet of things (IoT), took to Twitter on June 25, 2020, to announce that its much anticipated public Coordicide testnet launch may happen sooner than expected, as the new GoShimmer version v.

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DeFi’s “Yield-Farming” Fever Is Coming to Bitcoin, Here’s How

Decentralized Finance (DeFi) projects Ren Protocol, Synthetix, and Curve, are launching Bitcoin liquidity incentives to rival Ethereum-centric DeFi frameworks, reported Decrypt on June 25. Yield Farming Frenzy Yield farming has been the flavor of cryptocurrency since May 2020, ever since Compound and other projects gained prominence.

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Grayscale Ethereum Trust plunges 50% as institutional investors dump shares

In May and early in June, the second flagship fund of Grayscale Investments, the Ethereum Trust, saw a surge in demand. The post Grayscale Ethereum Trust plunges 50% as institutional investors dump shares appeared first on CryptoSlate.

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ETH 2.0 Update: Altona v0.12 Testnet Expected to Launch in the Next Week

A new ETH 2. 0 update on June 23 revealed the Ethereum team is continuously working on the upcoming PoS protocol, even if the broader community feels developments are slow. From Vyper to Solidity Written by Ethereum developer Danny Ryan, the blog noted several developments since the project’s last update in May.

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Bitmain’s Power Tussle Reaches Fever Pitch As Micree Zhan Accuses Jihan Wu Of Illicit Actions

In the light of recent events, Bitmain’s ownership may soon be confronted with a dramatic upturn. On June 22, Micree Zhan, one of the co-founders of Bitmain, the largest bitcoin mining chip producers in China, issued a document against his founding co-partner Jihan Wu, accusing him of illicit actions which put a threat of him […]

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Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist

Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1. 9 billion ($2. 1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm.

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Tezos, Ethereum Classic, Dogecoin Price Analysis: 21 June

Bitcoin may be trading in a stable range, but that is not the case for most altcoins. With the king coin providing no push-and-pull effect to the rest of the market, most altcoins are breaking away, aThe post Tezos, Ethereum Classic, Dogecoin Price Analysis: 21 June appeared first on AMBCrypto.

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Bitcoin Struggles to Hold on to Critical Support

On June 18, the Bitcoin (BTC) price failed to break out from its current pattern and fell to the $9,250 support area instead. This area is the middle of the long-term trading range BTC has been stuck in since May.

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Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China

It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation has slowed down.

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CME Records Over 20x Growth in Total Bitcoin Options Open Interest Since May

Institutional grade Bitcoin derivatives platform, CME, is experiencing a superficial growth in options interest from its clients. The total open interest is on a skyrocketing path, witnessing a 2500% increase, from the May 1 at $13 million to over $360 million as of Monday, June 15, 2020.

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Ethereum won't surge to the tune of every 'positive' change

June hasn't been particularly memorable for Ethereum, whether it is with respect to price valuation or development. However, consistent improvements in April and May have been crucial to the ecosystemThe post Ethereum won't surge to the tune of every 'positive' change appeared first on AMBCrypto.

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Bitcoin, Ethereum face turning point as Realized Volatility dips

Bitcoin's price performance marked a strong April for the king coin, with Ethereum following up in May with strong positive returns of its own. However, the month of June has been quite lackluster, esThe post Bitcoin, Ethereum face turning point as Realized Volatility dips appeared first on AMBCrypto.

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Altcoin market analysis: Tezos, Cardano and Litecoin

Tezos and Cardano have been some of the top-performing altcoins in May/June and have...

The post Altcoin market analysis: Tezos, Cardano and Litecoin appeared first on Coin Journal.

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Bitcoin (BTC) Price May Fall to $9,050, but Doesn't Look Bad: Analyst Michael van de Poppe

The last half of June 2020 has witnessed two Bitcoin (BTC) drops, resulting in a combined decline of 12.2%. Even that fact failed to change the overall bullish sentiment.

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Microsoft-Backed ION Launches Its Public Beta on the Bitcoin Mainnet

In May 2019, Microsoft sketched up a plan for an open-source, decentralized, and blockchain-agnostic identification system called Identity Overlay Network (ION). As per a June 10, 2020 release, the ION public beta will launch on the Bitcoin mainnet.

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Bitcoin Cash short-term Price Analysis; 10 June

Bitcoin Cash appeared to have been trapped below the $260-region for the past couple of weeks. Several pullbacks prevented any significant upside break. BCH may have to wait for a bullish revival.

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Alt Season or No Alt Season? Bitcoin Dominance Paves The Way

The Bitcoin dominance rate (BTCD) is decreasing alongside a descending resistance line from May 14. The price made an attempt to break out in the early hours of June 9 but was swiftly rejected and has fallen back since.

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Rising Hashrate Signals End of Bitcoin Capitulation; Price Eyeing $10K-Retest

Bitcoin hashrate jumped 23 percent since May 26, signaling more miners are resuming operations on the cryptocurrency’s blockchain network. The rally also continued as Bitcoin’s mining difficulty dropped by over 9 percent on June 4.

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Law Decoded: Of Street Marches and Market Manipulators, May 30–June 5

As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes.

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Fed Reserve of Philadelphia Research: Account-Based CBDCs May Replace Commercial Banks

A research paper published on June 1, 2020, by the Federal Reserve of Philadelphia shows account-based central bank digital currency (CBDC) could potentially replace the role of commercial banks if panic runs are managed and commercial banks are given a level playing field in the money market.

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Bitcoin may cross 2019 high, not $20,000

Bitcoin's conundrum with the $10,000 resistance has been a significant one as the largest digital asset has struggled to maintain a position above the range for a prominent period. On 1st June, theThe post Bitcoin may cross 2019 high, not $20,000 appeared first on AMBCrypto.

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Ethereum's current price woes may soon correct itself

Ethereum witnessed a turbulent start in June 2020. Over the past 4 days, the second-largest token has reached as high as $253 in the charts but registered a massive pullback to $225 within 5 hours.

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France: Financial Regulator Greenlights ICO for Renewable Energy Provider

French stock market regulator – the Autorie des Marches Financiers (AMF) – has OK’d an initial coin offering (ICO) for a French renewable energy provider named WPO. The regulator approved the ICO under its “ICO visa” scheme on May 12, Coindesk reports, June 3, 2020.

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Coincheck Crypto Exchange Clients’ Data Compromised After Hacker Breached Its Domain

Japan-based cryptocurrency exchange, Coincheck, announced yet another hack – this time about 200 customers data was compromised after a domain account error. According to an official statement from the corporate desk of Coincheck, a third party was able to gain unauthorized access to one of the exchange’s domains from May 31st to June 1st. Coincheck’s […]

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Ethereum May Dive 35% as Price Sees Rejection at Crucial Resistance Level: Analyst

After attempting a breakout on June 1st, Ethereum saw a brutal rejection on June 2nd that saw it fail to decisively pass the $250 price resistance. Like Bitcoin, the second-largest cryptocurrency plunged 10%, falling as low as $225 on most spot exchanges.

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Chainlink, Zcash, Maker Price Analysis: 02 June

Bitcoin, the world's largest cryptocurrency, offered relief to many of its investors after it breached the much-anticipated $10k-mark for the first time since its having on 11 May. Bitcoin's price movThe post Chainlink, Zcash, Maker Price Analysis: 02 June appeared first on AMBCrypto.

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Brave Browser Surges Past 15 Million Monthly, 5 Million Daily Active Users

In an announcement dated June 1, 2020, the privacy-centric web browser Brave (BAT) stated it had crossed 15 million monthly active users and 5 million daily active users in May 2020. Brave Continues to Achieve More Milestones Brave, a web browser that aims to give users complete control over their digital identity and privacy continues to witness widespread adoptionRead MoreRead More.

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BCH, Monero, Algorand: Price analysis, June 1

Altcoins have made up lost-ground all throughout the month of May. While a bit of stagnation has crept into the crypto-markets in the past few days, popular altcoins like Bitcoin Cash and Monero saw mThe post BCH, Monero, Algorand: Price analysis, June 1 appeared first on AMBCrypto.

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Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values

The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.

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TOP 3 Price Analysis: BTC, ETH, XRP ? Bullish Market to Come in June?

Could June be as positive for Bitcoin (BTC), Ethereum (ETH), and XRP as May?

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Bitcoin S2F Model Prints the First “Red” Dot Marking the Start of the Bull Market

In 2020 so far, Bitcoin is up 30% while trading at $9,500, starting June with 0.76% losses. In May, BTC went through ups and downs and made several attempts to take over the $10k level. But overall it remained in the range of $8,500 and $10,000 which continued to get tighter. After 10.58% of losses […]

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Bitcoin monthly technical analysis: May to June 2020

The Bitcoin price index closed at $9,453 on May 31 to end the month...

The post Bitcoin monthly technical analysis: May to June 2020 appeared first on Coin Journal.

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BNC Weekly Bitcoin Blockchain Statistics 1st June 2020

Brave New Coin's weekly bitcoin blockchain statistics for the week of: May 25th - June 1st 2020

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Bitcoin Price: Shark Harmonic Pattern May Provide Final Buy Opportunity at Lows

Bitcoin price has made several attempts to break above $10,000 and revisit highs from last June. The crypto asset certainly has the momentum, however, if the rally stops and reverses at roughly $11,350, a bearish shark harmonic pattern will complete.

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Ethereum 2.0 Official Testnet Targets June, Can They Make It?

Ethereum 2. 0 developers are now claiming the testnet may go out in June, that being weeks away, despite an ever growing list of things that have to be done first. . . . The post Ethereum 2.

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