A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into nontraditional currencies threatens to further erode the euro’s share of foreign exchange reserves. Euro’s Decline Coincides with US […] Source: https://news.bitcoin.com/euros-reserve-currency-status-threatened-as-its-share-of-foreign-reserves-holdings-drops/
Month: June 2024
Andrew Tate token surpasses MOTHER amid claims of insider activity
Bubblemaps’ analysis claims a handful of wallets purchased 30% of the supply of the memecoin DADDY before Andrew Tate promoted it online. Source: https://cointelegraph.com/news/andrew-tate-daddy-memecoin-allegations-insider-activity
Bitcoin whales scoop $1.4B in 24 hours this week amid market correction
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021. Source: https://cointelegraph.com/news/bitcoin-whales-buy-over-one-billion-bitcoin-amid-price-slump
TON flips ETH in daily active users, but that’s not the full picture
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s. Source: https://cointelegraph.com/news/telegram-ton-daily-active-addresses-surpass-ethereum-june
Uzbek Court Sentences Student to 10 Days in Prison for Crypto Sales
A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling cryptocurrency notcoin. Termez State University is a public institution located in the capital of Surkhandarya province, Uzbekistan. The court found him guilty of violating laws governing the circulation of crypto assets. The case began when a complaint was […] Source: https://news.bitcoin.com/uzbek-court-sentences-student-to-10-days-in-prison-for-crypto-sales/
Parallel TCG Releases on Epic Games Store
Toronto, Canada, April 22nd, 2024, GamingWire Parallel Studios, the visionary gaming studio that blends art and technology to create cutting-edge gaming experiences, is excited to launch its award winning trading card game on the Epic Games Store. With a team hailing from the likes of Blizzard, Epic Games, Ubisoft, Riot Games, and Xbox Game Studios, Parallel is on course to…
Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’
Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982. Source: https://cointelegraph.com/news/bitcoin-price-federal-reserve-fomc-interest-rates-analysts
Gaming Leaders CARV and double jump.tokyo Join Forces to Reshape Web3 Experiences
SANTA CLARA, California, June 13th, 2024, GamingWire CARV, the largest modular data layer for gaming and AI, today announced a strategic investment from double jump.tokyo Inc., the trailblazing Japanese web3 gaming company and primary developers behind Oasys, the leading layer-1 blockchain purpose-built for gamers. The alliance brings together two powerhouses in the industry, promising to drive innovation and widespread adoption…
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over the crypto trading platform’s financial stability, inadequate management structure, and insufficient personnel, […] Source: https://news.bitcoin.com/thai-finance-minister-revokes-crypto-exchange-zipmexs-licenses/
Britain’s public healthcare chief flags rise in crypto trading addiction
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions. Source: https://cointelegraph.com/news/crypto-trading-addiction-growing-says-uk-nhs-chief