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(Coin Telegraph)-26/06/2024Data from Cointelegraph Markets Pro and TradingView showed BTC price strength staging a tentative recovery after the Wall Street open.Bulls had suffered the day prior, as a trip to seven-week lows of $58,500 sparked a cascade of capitulations.Bitcoin’s relative strength index (RSI) reading on four-hour timeframes hit its lowest levels since August 2023 — the last time BTC/USD gave up […]

(Coin Telegraph)-26/06/2024Recently, a new Bitcoin-based protocol called MetaID has been released, with the ambitious goal of building Web3 entirely on Bitcoin. The devs behind MetaID believe that Bitcoin is the most suitable carrier for Web3. While this may seem like an ambitious plan, judging from the protocol’s history and the release of related infrastructure, it […]

(Coin Telegraph)-26/06/2024A “German Government (BKA)” labeled cryptocurrency wallet has sold over $54 million worth of Bitcoin. The German government’s wallet sold 900 Bitcoin in three individual transactions on June 25.The first 200 BTC transaction was sent to the Coinbase exchange, while the second 200 BTC transfer was sent to the Kraken exchange.However, a third transaction, worth 500 […]

(Coin Telegraph)-19/06/2024Bitcoin (BTC) failed to reclaim $65,000 after the June 18 Wall Street open as analysts predicted further BTC price downside.Moving averages topple as BTC price goes under $65,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD struggling to maintain support near key trendlines.Bitcoin shed another 3% on the day, continuing a downtrend now responsible for up to $7,900 of […]

(Coin Telegraph)-19/06/2024Ether’s price reaching the $10,000 mark could be the most “asymmetric bet” in the current cryptocurrency market conditions, according to one popular analyst. Can Ether reach the $10,000 mark during the current bull cycle?Ether to $10,000 could be the best bet in cryptoEther’s price reaching $10,000 could be the best bet in the current market, […]

(Coin Telegraph)-19/06/2024Brazil’s tax authority is reportedly planning to seek information from foreign cryptocurrency exchanges to find out how they operate in the country and whether its citizens are complying with the country’s new tax laws or not.The Receita Federal do Brasil (Federal Revenue of Brazil) is expected to publish an ordinance summoning these firms for […]

(Coin Telegraph)-19/06/2024Prospects for retail crypto trading in Canada are looking good, and a convergence of factors, including the local regulatory environment, is likely to continue driving market growth.“We have certainly seen retail come back,” Dean Skurka, CEO of Canadian crypto asset platform WonderFi, told Cointelegraph’s Sam Bourgi at the Collision event in Toronto.Canada experiences lucky […]

(Coin Telegraph)-19/06/2024A large memecoin holder, or whale, has made a $3.7 million profit after selling their MAGA (TRUMP) tokens amid the current market sell-off.Whale wallet “0x52C0” has sold over 171,000 TRUMP tokens for 414 Ether worth $1.44 million in the past 24 hours, for a total profit on their investment of over $3.7 million.The whale has […]

(Coins Telegraph)-12/06/2024The Central Bank of Ireland has approved 15 different VASPs from June 7, 2024, including Crypto.com, Coinbase, Gemini, Ripple and others.The Central Bank of Ireland (CBI) has given a nod to another major cryptocurrency company, Crypto.com, as a virtual asset service provider (VASP).Crypto.com, one of the world’s largest crypto trading platforms, announced on June 11 that […]

(Coins Telegraph)-12/06/2024Data from Cointelegraph Markets Pro and TradingView showed a 3% dip taking Bitcoin to lows of $67,320 on Bitstamp after the daily close.Lacking support at the key $69,000 level, Bitcoin bulls failed to stave off a downward move through thin exchange order book liquidity.The day prior, Keith Alan, co-founder of trading resource Material Indicators, had […]

(Coins Telegraph)-12/06/2024As BTC continues to trade sideways at high levels, the bull market momentum is unstoppable, and platform tokens are once again drawing attention.This article analyzes and compares the platform tokens of several leading platforms, focusing on three dimensions: platform token earnings, buyback and burn, and fee discounts for investors’ reference. Platform token earnings: MX […]

(Coins Telegraph)-12/06/2024Former United States President Donald Trump is ramping up his advocacy for cryptocurrency, now setting his sights on becoming the “crypto president.”He made the comment during a fundraising event in San Francisco, co-hosted by Craft Ventures’ general partner, David Sacks, and tech billionaire Chamath Palihapitiya, according to a recent Reuters report.At this gathering, Trump purportedly affirmed his […]

(Coins Telegraph)-12/06/2024From June 6 to 9, more than 185 million people from the European Union’s 27 member states voted for candidates to serve a five-year term in a new European Parliament, the legislative branch of the political bloc.This pivotal event will shape the political direction of the EU for five years, and crypto and blockchain are no […]

(Reuters)-05/06/2024Some euro zone banks have fallen short of the European Central Bank’s climate-related goals and may face fines, a senior ECB supervisor said in an interview published on Wednesday.The ECB has handed banks a list of deadlines for factoring in risks relating to climate change, from floods and droughts to a transition to new energy […]

(Reuters)-05/06/2024International financial authorities must give consideration to legal risks surrounding the potential winding up of global banks, Swiss Finance Minister Karin Keller-Sutter was quoted as saying on Wednesday.In an interview with the Frankfurter Allgemeine Zeitung newspaper, Keller-Sutter was asked whether rules to deal with banks deemed “too big to fail” need to be standardised internationally […]

(Coin Telegraph)-05/06/2024Bitcoin gained 2.5% on June 3 to $69,400, sparking hopes that it might reclaim the $69,000 support level for the first time in 11 days. This positive price movement coincided with a surge in the Bitcoin futures premium to its highest level in seven weeks. But what does this mean for the sustainability of Bitcoin’s […]