Category : CoinJournal

CoinJournal

Valkyrie Investments suggests Bitcoin’s price could surge to $37k soon

Key takeaways Valkyrie Investments suggests that Bitcoin’s price could reach $37k soon. The potential rally could positively affect cryptocurrency projects like AltSignals. Bitcoin has been trading below $30k for the past two months. Howe...

Here’s why the Nasdaq 100 and Bitcoin correlation has faded

Bitcoin price has crashed by about $6,000 from its highest point this year. Nasdaq has moved into a strong bull market because of AI. The Federal Reserve will conclude its two-day meeting on Wednesday. Nasdaq 100 and Bitcoin prices have moved...

Bitcoin consolidates ahead of the Fed’s decision; is it safe to buy it here?

The Federal Reserve of the United States is expected to keep the funds rate on hold& A dovish message would spell trouble for the US dollar& Bitcoin may overcome resistance seen at $30,000 Today is a big day for financial market particip...

Chancer presale: 22 million CHANCER tokens sold within hours

Chancer’s presale is live and over 22 million CHANCER tokens have quickly sold out, with $214k raised as a new era for the betting industry begins. $CHANCER is priced at $0.01 during the first presale stage, but will rise to $0.021 by the end...

Bitstamp registered as a cryptoasset business by UK’s FCA

Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK arm was added to the list on June 13, 2023. It joins other platforms like eToro, Revolut and Moonpay on the...

Horizen partners with Auros to increase ZEN liquidity ahead of EON launch

Horizen partners with Auros for $ZEN liquidity ahead of its launch of EVM-compatible platform EON Auros is a leading algorithmic trading and market making platform. The partnership aims at enhancing liquidity for the $ZEN token across CEX and DEX pl...

Crypto is losing touch with institutional cash

Key Takeaways Crypto.com this week shut down its institutional exchange in the US, citing a lack of demand The regulatory climate has worsened significantly in the US, meaning crypto is becoming less practical for institutions& The macro pictur...

Blur to unlock 196M BLUR, increasing circulating supply by 40%

Roughly 196 million BLUR tokens will be unlocked on June 14, 2023. The token unlock is set to increase Blur’s circulating supply by 40%, which currently stands at just over 495.2 million BLUR. Blur launched in October 2022 and has quickly grow...

Uniswap V4 code draft features custom liquidity pools plugins

By volume, Uniswap is the biggest decentralized cryptocurrency exchange in the entire world. The release of the Uniswap V4 is the first step to launching the new Uniswap version. The final stage before launch is a vote by UniswapDAO. Uniswap Labs h...

Hinman speech contained “made-up analysis”, Ripple’s Chief legal officer says

Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC sued Ripple Labs in December 2020, alleging that the company illegally sold unregistered securities in the form of its X...

Hedera, Fantom, XRP, Filecoin prices rise as US inflation dips

The headline consumer price index dropped to 4.0% in May. The data came as the FOMC prepares to conduct its June meeting. Economists expect that the bank will leave interest rates unchanged. Altcoin prices jumped on Tuesday after the US publi...

6.5M tokens bought within hours of the highly anticipated Chancer Presale launch

Chancer is a revolutionary betting platform that seeks to leverage the power of blockchain technology. The CHANCER token is going for 0.01 BUSD in the current stage. CHANCER token holders will have the opportunity of creating customized betting mark...

Etoro to limit US customers’ access to four major cryptocurrencies

eToro is an Israeli multi-asset investment platform widely known for social trading. eToro will delist ALGO, MATIC, MANA, and DASH for US customers. US customers can, however, still hold and sell already open positions in these tokens. https://twit...

Crypto price predictions: LTC, XRP and ASI outlook amid SEC crackdown

& Litecoin is weak after bears’ recent push, but could flip bullish ahead of its halving event. Meanwhile XRP price holds above key level as the SEC vs. Ripple case moves even closer to a court decision. Both LTC and XRP have seen mino...

Prof. Alexander: ‘I’m not sure SEC will succeed against Binance’

Professor Carol Alexander says the U.S. SEC may lose to Binance. She reiterated the need for crypto in an interview with CNBC today. Prof. Alexander expects regulatory clarity to bring price stability. It is conceivable that the U.S. Securities and...

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. Regulation and mac...

Should you buy the Chancer token, as the presale officially launches on June 13th?

Key takeaways The Chancer presale will launch in roughly 20 hours, allowing investors to have a stake in the project. The team seeks to raise $15 million to fund the development of its platform and other products.& The Chancer presale laun...

Solo Bitcoin miner beats the odds to win 6.25 BTC block reward

A solo Bitcoin miner earned the 6.25 BTC block reward after beating the odds to solve block 793607. The miner reportedly used an Antminer S9 with about 17 TH. At today’s Bitcoin mining difficulty and with 17 TH, a solo miner would need an aver...

Crypto volumes continue to lag, Bitcoin & Ether fees down for fourth consecutive week

Key Takeaways On-chain activity for Bitcoin and Ethereum has fallen for the fourth consecutive week DEX share of trading volume had jumped up from 14% to 22% last month amid regulatory crackdown on centralised exchanges DEX volume has fallen back ag...

Litecoin price analysis ahead of the FOMC decision, US inflation data

Litecoin has formed a triple-top pattern on the daily chart. The main news is the recent lawsuits against Coinbase and Binance. The Federal Reserve will deliver its next interest rate decision. Litecoin price has come under intense pressure i...

Binance, Binance.US, and Coinbase collectively lose $4B in outflows

The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday and Thursday, there was a net outflow of $3.1B through the Ethereum network alone. Th...

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