Hong Kong lawmaker courts Coinbase amid US legal troubles

Hong Kong Legislative Council member Johnny Ng has contacted Coinbase in his bid to help the exchange register in the region, according to a June 14 tweet. Ng wrote: “I have already got in touch with Coinbase, and we will learn more about the development opportunities in Hong Kong together. дальше »

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XRP And Ethereum Seeing Increased Social Media Talk As Bitcoin Loses Interest

Data shows XRP and Ethereum are picking up social volume as investors have seemingly started to lose interest in Bitcoin. Bitcoin Social Volume Shows Drop, Traders Shift Focus Towards XRP & Ethereum According to data from the on-chain analytics firm Santiment, BTC’s social volume has decreased since its surge in March. дальше »

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Binance CEO denies selling Bitcoin amid market manipulation allegations

Binance CEO Changpeng ‘CZ’ Zhao denied rumors that his exchange was selling Bitcoin to protect BNB’s price, according to a June 13 tweet. CZ tweeted that “Binance have not sold BTC or BNB,” adding that the exchange still holds “a bag” of bankrupt FTX’s FTT. дальше »

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SEC refuses to make any decision on Coinbase’s rulemaking petition

Last week, the US Court of Appeals for the Third Circuit ordered the US Securities and Exchange Commission (SEC) to respond to Coinbase’s request for clarifying the rulemaking.  According to documents shared by the exchange’s chief legal officer (CLO) Paul… дальше »

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Altcoins gain traction while bitcoin’s social trend falls

As bitcoin (BTC) started to fall from the crucial $26,000 mark, the social volume and sentiment toward altcoins have risen tremendously, according to data provided by the market intelligence platform Santiment. дальше »

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North Korean hackers swipe over $100M from Atomic Wallet users

According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack.

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NFT Liquidity Dries Up, Forcing Marketplaces to Offer More Incentives

NFT liquidity has dwindled as lower trading volumes afflict markets. According to figures from Dune, daily trades have fallen significantly in 3 months. The post NFT Liquidity Dries Up, Forcing Marketplaces to Offer More Incentives appeared first on BeInCrypto. дальше »

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Is The Cardano Bottom In? Here’s What On-Chain Data Suggests

Cardano has observed some rise since hitting a low around the $0.23 level following the FTX collapse. However, here’s what on-chain data say about whether that was the bottom or not. Three Cardano Indicators Shot Up During Local Bottom Formation According to data from the on-chain analytics firm Santiment, three ADA metrics had surged to […] дальше »

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Bitcoin Market At Decision Point: Will This On-Chain Retest Be Successful?

On-chain data shows a Bitcoin metric is approaching a crucial retest that can make or break a rally. Will the bulls come out on top? Bitcoin Short-Term Holder Realized Profit/Loss Ratio Is Nearing 1 Level According to data from the on-chain analytics firm Glassnode, a successful retest here would be constructive for the price of the asset. дальше »

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US lawmaker invokes SEC lawsuits in considering crypto regulatory framework

According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework “could reward bad actors with a ‘get out of jail free’ card.” дальше »

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Why Bitcoin’s resistance to retesting the $25K support could be futile

Bitcoin’s price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable, according to derivatives data. дальше »

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Shiba Inu Whale Goes On$10 Million Buying Spree, Time To Buy?

A Shiba Inu whale has recently taken advantage of a recent dip in cryptocurrency prices to accumulate over 1.5 trillion tokens of the meme-inspired cryptocurrency. According to a Twitter post from @lookonchain and verified by data from Etherscan, SHIB whale “0x73AF” recently purchased $10 million worth of SHIB from Binance and Coinbase via Jump Trading […] дальше »

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Cardano’s DeFi TVL surges past 500 million ADA amid growing ecosystem interest

The total value of assets locked (TVL) on Cardano, measured in ADA tokens, crossed the 500 million mark for the first time earlier today, according to data from DeFiLlama. The data show that the ADA token TVL stood at 198. дальше »

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Bitcoin Miners Transfer $174M Worth of Coins to Exchanges in Two Weeks

The 14-day average of miner transfers to exchanges has increased sharply to 489.26 BTC, the highest since March 2021, according to Glassnode. дальше »

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Taiwan’s second-largest telecoms company explores investments in local crypto firms

Taiwan Mobile, the second-largest telecom company in Taiwan, is reportedly exploring collaborations and investments in local crypto firms, according to a June 13 report from Bloomberg. Taiwan Mobile is engaged in preliminary discussions with crypto platforms for potential strategic partnerships, three unnamed sources told Bloomberg. дальше »

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Taiwan Mobile Ventures Into Crypto Space, Eyes Investment In Local Platform

In the rapidly transforming landscape of digital finance, telecom giant Taiwan Mobile Co. is reportedly considering opportunities for collaboration with domestic cryptocurrency platforms. According to Bloomberg,  the company may be poised to venture into investing in this thriving sector. дальше »

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Hong Kong seeks fast regulatory action on stablecoins

According to the local news outlet The Standard, Hong Kong is making strides in creating a clear framework for stablecoins pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) aims to introduce the proposed comprehensive regulatory framework for stablecoins within 18 months. дальше »

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Chainlink (LINK) Whale Transfers Spike, Bearish Sign?

On-chain data shows that Chainlink (LINK) whales have become quite active in recent days, a sign that may be bearish for the asset’s price. Chainlink Whale Transactions Have Shot Up In Number Recently According to data from the on-chain analytics firm Santiment, whale transactions hit a 2023 high just as the price dipped toward the $5 mark. дальше »

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South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits

The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update. дальше »

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Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic

Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to blockchain security firm Elliptic. дальше »

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Australian payments firm Novatti expands its AUDD stablecoin to XRP Ledger

Australian payments fintech Novatti Group Limited has expanded its Australian dollar-backed stablecoin AUDD to XRP Ledger, according to a press release shared with CryptoSlate. AUDD, which was first launched in November 2022 on the Stellar blockchain, will be available for 1. дальше »

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Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet

According to Polygon Labs, Polygon 2.0 will enable users to create, exchange and program value on the internet.

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Bitcoin Interest at Lowest Ebb Since 2020, According to Google Trends

Interest in Bitcoin is trending downward over the long term, according to Google Trends. Tellingly, search queries are at levels not seen since 2020. The post Bitcoin Interest at Lowest Ebb Since 2020, According to Google Trends appeared first on BeInCrypto. дальше »

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Bitcoin Hashrate Continues To Hit New ATH Despite Uncertain Market

On-chain data shows the 7-day Bitcoin mining hashrate has continued to hit new all-time highs despite the FUD going around in the market. 7-Day Bitcoin Mining Hashrate Has Reached A New All-Time High According to data from the on-chain analytics firm Glassnode, the 7-day hashrate has now hit a new ATH of 381 EH/s. The […] дальше »

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Bitcoin and Ethereum network revenues spiked in May despite significant headwinds: ETC Group report

Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53. 7% in May, according to a research report by the ETC Group. Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum respectively. дальше »

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According to Crypto Experts, Aave (AAVE) and InQubeta (QUBE) Presale are The Golden Tickets to a Prosperous Crypto Future

The world of cryptocurrency is full of potential investment opportunities and staying ahead of the curve is essential for investors looking to maximize their returns. In recent discussions among crypto experts, two altcoins have consistently stood out as promising options for long-term growth: Aave (AAVE) and InQubeta (QUBE). дальше »

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Bitcoin trades at premium on Binance US as liquidity dries up

Bitcoin (BTC) is trading at a premium of over 1% on Binance. US as the exchange’s USD trading volume has dropped to new lows after the U. S. SEC’s lawsuit, according to CryptoCompare data. дальше »

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Gemini execs claims Democrats' anti-crypto position will...

According to Gemini's Cameron Winklevoss, the youth vote saved the American Democratic party from defeat in 2020. Alienating them now with anti-crypto policies, he said, will result in "lost votes" inThe post Gemini execs claims Democrats' anti-crypto position will... appeared first on AMBCrypto. дальше »

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Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong

It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company. дальше »

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Whale dormant for 2 years sells $2.3 million BNB

A BNB whale that had remained dormant for two years has sold $2. 3 million worth of their Binance Coin holdings, according to on-chain data shared by blockchain sleuth Lookonchain. Per details in a tweet posted on Monday, the account showed the whale had sold a total of 10,000 BNB today. дальше »

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Bitcoin (BTC) Miners Flood Exchanges Amid Regulatory Scrutiny – Impact On Crypto Investors?

Amid the continuous regulatory scrutiny in crypto, there have been a diversified sentiment among different participant groups about the Bitcoin market. According to latest data from data provider Glassnode, long-term holders have remained resilient and unwavering in their commitment, displaying a calm sentiment amid the elevated market distress. дальше »

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Last week, Ethereum ETPs saw the largest single week of outflows since the Merge

Over the past week, $36 million flew out of Ethereum (ETH) exchange-traded products (ETPs), according to CoinShares data. This outflow of funds from Ethereum ETPs was the largest observed in a single week since the Merge in September 2022. дальше »

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Bitcoin Diamond Hands Unfazed By Recent FUD As Exchange Inflows Remain Very Low

On-chain data shows that Bitcoin long-term holders don’t care too much about the ongoing market FUD as their exchange inflows remain very low. Bitcoin Long-Term Holder Inflows Have Remained Muted Recently According to data from the on-chain analytics firm Glassnode, the long-term holders have only been depositing around 0. дальше »

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Bitcoin Bearish Signal: Miners Sell At 3rd Largest Scale Ever

On-chain data shows that Bitcoin miners may have been selling at a historical rate recently, something that could be bearish for the asset’s price. Bitcoin Miner Inflow To Exchanges Has Registered A Spike Recently According to data from the on-chain analytics firm Glassnode, miner exchange inflows hit a peak value of $70 million recently. дальше »

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Binance's CZ: 'Thought had crossed my mind, but not a practical solution'

According to CZ, regulators weaponized FTX’s failure to target the crypto-industry Binance buying a crypto-friendly bank not a practical solution, he added Binance CEO Changpeng “CZ” ZThe post Binance's CZ: 'Thought had crossed my mind, but not a practical solution' appeared first on AMBCrypto. дальше »

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Vitalik Buterin: Ethereum ‘fails’ without these 3 important ‘transitions’

Layer-2 scaling, wallet security and privacy-preserving features are all necessary to secure Ethereum’s future, according to the Ethereum co-founder. дальше »

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How Cardano beat 5,230 altcoins to this major position

Bullish sentiment outweighed bearish comments as social activity increased Increased market participation contributed to the hike, but not on the DeFi front According to LunarCrush, Cardano The post How Cardano beat 5,230 altcoins to this major position appeared first on AMBCrypto. дальше »

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North Korean hackers used shadow IT workers to carry out crypto heists

North Korea has built a shadow workforce consisting of thousands of IT workers, according to U. S. officials. This shadow workforce is linked with North Korea’s cybercrime operations and is used to carry out massive crypto hacks, The Wall Street Journal reported on June 11. дальше »

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Sberbank, Russia’s Biggest Lender, To Offer Crypto Asset Trading This Month

The Russian banking giant Sberbank is getting into the cryptocurrency trading business. According to a release, the bank will begin providing crypto asset services to its customers this month. This exciting new phase in the bank’s continuous foray into cryptocurrency is expected to take place in the coming weeks. дальше »

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The Metropolitan Museum Of Art To Return $550k Donations It Received From Collapsed FTX

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Nigeria regulator halts Binance operations: Report

According to Nigeria’s securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal. дальше »

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Gas usage for stablecoins, NFTs on Ethereum continues decline

Quick Take Ethereum gas usage by transaction type, specifically at stablecoins and NFTs, continues to drop. Stablecoin gas usage is currently at three-year lows, roughly 5% of the total gas usage, according to Glassnode data as of June 9. дальше »

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Crypto.com to halt US institutional exchange offering; retail users unaffected

Crypto. com will soon end U. S. access to its institutional exchange, according to a statement from the company on June 9. That statement said the decision had been made due to limited demand in that market. дальше »

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Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services

The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers. дальше »

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Winklevoss Twins: Bitcoin (BTC) Will Soon Hit $500,000, Here’s Why

Is it too late to enter the Bitcoin (BTC) investment or is it still a worthwhile opportunity to purchase the cryptocurrency? According to the Winklevoss twins, Bitcoin continues to be one of the most promising investments of this decade. дальше »

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Bitcoin Active Addresses Spike, What Does This Mean?

On-chain data shows that Bitcoin active addresses have registered a spike recently. Here’s what this may mean for the market. Bitcoin Active Addresses Spike Following Uptick In Volatility According to data from the on-chain analytics firm Santiment, utility on the network has picked up quite drastically recently. дальше »

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US DOJ charges 2 Russians with laundering over 600k Bitcoin

The U. S. Department of Justice has charged two Russians, Alexey Bilyuchenko and Aleksandr Verner, for conspiring to launder 647,000 Bitcoin (BTC) stolen from their hack of Mt. Gox in 2011, according to a June 9 statement. дальше »

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Trader Predicts 60% Bitcoin Price Surge Upon Confirmation of ‘Textbook’ Chart Pattern

  Bitcoin (BTC) is currently trading at $26,605, and according to a popular trader named Mikybull Crypto, it may be poised for a significant upside of 60% if a particular long-term chart pattern holds true. дальше »

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Bitcoin trades at slight discount on Binance.US as banking partners cut ties

Bitcoin (BTC) is trading at a slight discount on Binance. US following the exchange’s announcement of its banking partners’ decision to halt USD payment channels on June 13, amidst ongoing regulatory troubles, according to Kaiko data. дальше »

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Tether (USDT) Sharks & Whales Rapidly Accumulate, Why This Is Bullish For Bitcoin

On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain analytics firm Santiment, these large Tether holders are now carrying a total of $16 billion worth of the stablecoin. дальше »

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