U.S. Presidential candidate Donald Trump wants the future of Bitcoin to be red, white and blue. Source: https://cointelegraph.com/news/donald-trump-us-bitcoin-mining
Month: June 2024
MicroStrategy upsizes latest stock sale to $700M to buy more Bitcoin
MicroStrategy upsizes its convertible senior notes offering to $700 million, earmarking proceeds for Bitcoin purchases and corporate purposes. Source: https://cointelegraph.com/news/microstrategy-700m-stock-sale-bitcoin
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further analysis reveals that since May 13, approximately $7.05 billion worth of BTC has […] Source: https://news.bitcoin.com/investors-pull-nearly-11-billion-in-btc-and-eth-from-major-exchanges-in-30-days/
Ethereum rally to $3,700? Unlikely, say two derivatives metrics
Ether derivatives were unable to maintain elevated optimism levels, despite the potential spot ETF and recent macroeconomic data. Source: https://cointelegraph.com/news/ethereum-rally-to-3700-unlikely-say-two-derivatives-metrics
The Week in Polkadot: Moonbeam Launches $13 Million Funding Initiative
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Welcome to Decrypt’s Week in Polkadot, our regular round-up of the latest developments in the Polkadot ecosystem. Moonbeam Network, consistently one of Polkadot’s most popular parachains…
Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory
Keith Gill, known as Roaring Kitty, buys 4 million more GameStop (GME) shares, increasing his holdings to over 9 million shares worth $262 million. Source: https://cointelegraph.com/news/roaring-kitty-gme-shares-board-speculation
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto asset’s market capitalization is $1.31 trillion, and the 24-hour trading volume is $23.92 billion. Technical analysis across multiple time frames indicates a prevailing downtrend, highlighting critical support and resistance levels for traders. Bitcoin Bitcoin’s hourly […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-faces-downward-pressure-amid-market-uncertainty/
Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?
Despite the drop in hash rate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000. Source: https://cointelegraph.com/news/bitcoin-true-hashrate-breaks-18-month-uptrend-btc-miners-capitulating
Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global Trade
The Ghanaian central bank recently collaborated with the Monetary Authority of Singapore (MAS) to demonstrate the use of digital credentials in international trade. The second phase of Project DESFT culminated in the execution of cross-border trade between the West African nation and Singapore in April 2024. Ghana’s CBDC to Streamline Cross-Border Trade The Bank of […] Source: https://news.bitcoin.com/ghana-central-bank-partners-with-singapore-regulator-to-demonstrate-use-of-digital-credentials-in-global-trade/
GameStop Solana Meme Coin GME and Iggy Azalea’s MOTHER See Big Weekly Losses
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The past 7 days have been rough for Solana meme coins, with the vast majority of tokens decreasing between 20% and 50%. Amid the ongoing rout,…