📃 Bitcoin volatility takes a break as $31K BTC price yearly highs loom
A serious watershed is on the horizon for BTC’s price, as Bitcoin shorters show signs of betting on a short-term trend turnaround.
A serious watershed is on the horizon for BTC’s price, as Bitcoin shorters show signs of betting on a short-term trend turnaround.
Cointelegraph
Bitcoin volatility takes a break as $31K BTC price yearly highs loom
BTC price cooling its gains has Bitcoin traders worried over shorts.
📃 Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun.
According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun.
Cointelegraph
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
Stablecoin issuer Circle was reportedly the biggest depositor of the failed Silicon Valley Bank, with roughly $3.3 billion, while Sequoia Capital had roughly $1 billion.
📃 US Supreme Court halts Coinbase cases in its first crypto ruling
The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23.
The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23.
Cointelegraph
US Supreme Court halts Coinbase cases in its first crypto ruling
The U.S. Supreme Court ruled in favor of Coinbase in an opinion asking the California district courts to halt two class action suits against the company while the appeals process plays out.
📃 Robust crypto fundamentals pull through after May’s monthly red candle: Report
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end?
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end?
Cointelegraph
Robust crypto fundamentals pull through after May’s monthly red candle: Report
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end?
📃 SEC waives BlockFi’s $30M fine until creditors are paid
The U.S. SEC was at the top of BlockFi creditor’s list with a $30-million settlement balance from February 2022.
The U.S. SEC was at the top of BlockFi creditor’s list with a $30-million settlement balance from February 2022.
Cointelegraph
SEC waives BlockFi’s $30M fine until creditors are paid
The U.S. SEC has agreed to postpone the payment of a $30 million fine from bankrupt crypto lender BlockFi until creditors are paid back.
📃 Belgian financial regulator orders Binance to cease all virtual currency services
The regulator said Binance must cease “with immediate effect” all crypto-related services in Belgium after being unable to provide sufficient information on its non-EEA companies.
The regulator said Binance must cease “with immediate effect” all crypto-related services in Belgium after being unable to provide sufficient information on its non-EEA companies.
Cointelegraph
Belgian financial regulator orders Binance to cease all virtual currency services
The Financial Services and Markets Authority of Belgium has warned of potential criminal charges if Binance does not immediately cease all crypto-related services in the country.
📃 Price analysis 6/23: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Bitcoin price looks ready to turn $31,000 to support, and many altcoins are following with double-digit gains.
Bitcoin price looks ready to turn $31,000 to support, and many altcoins are following with double-digit gains.
Cointelegraph
Price analysis 6/23: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
The markets’ momentum favors Bitcoin bulls, increasing the likelihood of a breakout to $40,000.
📃 Pepecoin (PEPE) vs. Dogecoin (DOGE): Is a flippening on the horizon?
PEPE quietly pulled off a 100% rally earlier this week, raising questions on whether the frog-themed memecoin will become a serious Dogecoin competitor.
PEPE quietly pulled off a 100% rally earlier this week, raising questions on whether the frog-themed memecoin will become a serious Dogecoin competitor.
Cointelegraph
Pepecoin (PEPE) vs. Dogecoin (DOGE): Is a flippening on the horizon?
PEPE pulled off a near-triple-digit rally this week, suggesting that the popular memecoin could be on the verge of another parabolic run.
📃 Sequoia partner says investing in FTX was the right move: Report
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.
Cointelegraph
Sequoia partner says investing in FTX was the right move: Report
Sequoia’s Alfred Lin defended the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.
📃 Judge blocks Bankman-Fried's attempt to obtain key documents in fraud prosecution: Report
The request was denied by US District Judge Lewis Kaplan, who characterized it as a "fishing expedition" lacking justification.
The request was denied by US District Judge Lewis Kaplan, who characterized it as a "fishing expedition" lacking justification.
Cointelegraph
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
Sam Bankman-Fried’s request to obtain documents from Fenwick & West LLP for his defense in the federal fraud case has been denied by Judge Lewis Kaplan.
📃 Bitcoin price data suggests bulls will succeed in holding $30K as support this time
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support.
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support.
Cointelegraph
Bitcoin price data suggests bulls will succeed in holding $30K as support this time
Bitcoin bears totally miscalculated where BTC price would go, and now they’re paying for it.
📃 Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications.
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications.
Cointelegraph
Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF
ETF issuer Volatility Shares Trust made a filing with the SEC suggesting it was preparing to launch a listing for shares of its ‘2x Bitcoin Strategy ETF.’
📃 Etherscan launches AI-powered Code Reader: Finance Redefined
The top 100 DeFi tokens broke out of a three-week-long bearish momentum amid a marketwide surge led by Bitcoin.
The top 100 DeFi tokens broke out of a three-week-long bearish momentum amid a marketwide surge led by Bitcoin.
Cointelegraph
Etherscan launches AI-powered Code Reader: Finance Redefined
The total value locked in DeFi protocols surged by $5 billion in the last week, thanks to the bullish market rally led by Bitcoin.
📃 Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
Wirex cards may stop working in the European Economic Area but funds held in the account are safe, the company said.
Wirex cards may stop working in the European Economic Area but funds held in the account are safe, the company said.
Cointelegraph
Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
The outage was apparently caused by Wirex’s provider, UAB PayrNet, losing its license with the Bank of Lithuania.
📃 Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news
The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application.
The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application.
Cointelegraph
Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange and more
The bid for the first Bitcoin spot exchange-traded fund in the United States is gaining traction following BlackRock’s recent application.
📃 Why is Bitcoin price up today?
Bitcoin price hits a year-to-date high as investors’ excitement over BlackRock and Fidelity Investments applying for spot BTC ETFs fuels dreams of a new bull market.
Bitcoin price hits a year-to-date high as investors’ excitement over BlackRock and Fidelity Investments applying for spot BTC ETFs fuels dreams of a new bull market.
Cointelegraph
Why is Bitcoin price up today?
Bitcoin price is up today as equities, monetary policy forecasts, and spot ETF flows play out to BTC’s advantage.
📃 ECB official labels crypto as 'deleterious' with 'no societal benefits' in scathing speech
According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling.
According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling.
Cointelegraph
ECB official labels crypto as ‘deleterious’ with ‘no societal benefits’ in scathing speech
The European Central Bank’s Fabio Panetta warned policymakers about their current approach to regulating crypto, claiming it was a “deleterious” form of finance.
📃 Celsius creditors allege Wintermute facilitated 'wash trading': Report
It was alleged that Celsius executives purportedly involved Wintermute to facilitate "wash trading" in an effort to “fraudulently" manipulate trading volumes on the Celsius platform.
It was alleged that Celsius executives purportedly involved Wintermute to facilitate "wash trading" in an effort to “fraudulently" manipulate trading volumes on the Celsius platform.
Cointelegraph
Celsius creditors allege Wintermute facilitated ‘wash trading’ — Report
Celsius creditors allege that crypto market maker Wintermute aided Celsius executives in manipulating the price of CEL through “wash trading.”
📃 Mainstream media challenge decision to protect FTX customers: Report
Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers used cryptocurrency.
Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers used cryptocurrency.
Cointelegraph
Mainstream media challenge decision to protect FTX customers: Report
According to a June 23 Reuters report, mainstream media outlets have challenged the decision to “permanently redact” FTX customer names from the public.
📃 Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
An Ethereum user used Aave’s v2 lending platform by depositing 7.5 million USDC as collateral.
An Ethereum user used Aave’s v2 lending platform by depositing 7.5 million USDC as collateral.
Cointelegraph
Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
The TrueUSD issuer clarified it is unaffected by Prime Trust’s cease-and-desist order, maintaining multiple U.S. dollar rails.