Important Ripple v SEC Developments, Bitcoin (BTC) Price Swings, and More: Bits Recap June 17
TL;DR Bitcoin’s price has been on a downtrend lately, but indicators like negative exchange netflow and a declining MVRV ratio...
Bitcoin
Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to...
Crypto Sector Secures $317M in Venture Capital Deals in Early June
With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto...
Nuffle Labs Raises $13 Million to Expand Modular Infrastructure for Blockchain Layers
Nuffle Labs, a contributor to the Near Protocol and Ethereum, has secured $13 million in a funding round led by...
BlackRock CIO Says Financial Advisors Aren’t Buying Bitcoin ETFs
The launch of Bitcoin exchange-traded funds (ETFs) in January marked a significant milestone. However, financial advisors are approaching these new...
Bitcoin ETFs see third-largest daily inflow amidst rate cut anticipation
Share this article Crypto investment products saw a massive inflow of $2 billion so far in June, fuelled by the...
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from...
Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance...
Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners
The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware...
Trezor unveils Safe 5, its new hardware wallet with a Bitcoin-only variant
Share this article Crypto hardware manufacturing company Trezor has launched a suite of new products aimed at promoting self-custody of...
Memeinator in focus as most meme coins beat Bitcoin in 2024
Bitcoin and Ethereum have jumped by over 50% this year. Meme coins like Floki, Pepe, and Book of Meme have...
DeFi Token CRV Tanks 30% as Curve Finance Founder Gets Liquidated
The founder of the stablecoin lending and borrowing protocol Curve Finance, Michael Egorov, is seeing his position liquidated. He had...
Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader...
US Bitcoin ETFs Record $226M in Outflows, Fidelity Led the Pack With $106M Exiting
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading...
Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders
Former U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his support...
Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its high-speed zero-knowledge...
Top Altcoin Picks from Arthur Hayes and Raoul Pal
Cryptocurrency heavyweights Arthur Hayes and Raoul Pal unveiled their top altcoin picks, setting the stage for the upcoming bull run. ...
Top 5 AI-Driven Crypto Crime Trends: Elliptic
Blockchain analytic firm Elliptic recently released a comprehensive report titled “The State of AI-Enabled Crypto Crime: Emerging Typologies and Trends...
US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The...
Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated...
Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s....
7 Altcoin Projects Have Raised the Most Capital in 2024
In 2024, several altcoin projects have secured substantial funding, showcasing growing investor confidence in the cryptocurrency market. These initiatives are...
