On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock fell 66%. In response to the event, renowned whistleblower Edward Snowden took to social media, asserting that “bitcoin fixes this.” NYSE Disruptions Trigger Stock Falls; […] Source: https://news.bitcoin.com/edward-snowden-on-nyse-trading-halts-bitcoin-fixes-this/
Month: June 2024
Consensus 2024: Reacting to Trump verdict during crypto conference
Digital asset regulation and policy were at the center of discussion for many panels at the crypto event when news of Donald Trump’s 34 felony convictions broke. Source: https://cointelegraph.com/news/consensus-2024-trump-verdict-crypto-conference
Ethereum ETF excitement? ETH futures tell a different story
ETH futures reflect pessimism with crypto regulation and potential delay in the spot ETF launch. Source: https://cointelegraph.com/news/ethereum-etf-excitement-eth-futures-tell-different-story
Sotheby’s ‘Gold Fur’ Bored Ape NFT Auction Will Retest Art World Demand
A curated batch of Bored Ape Yacht Club-centric Ethereum NFTs from Yuga Labs is set to be auctioned off at Sotheby’s on June 18, providing a white-gloved test of the staying power of Ape-themed assets in the fine art community. The lot of collectibles includes an NFT profile picture (PFP) from the Bored Ape Yacht Club, adorned in a leather…
Core Scientific Soars on AI Deal and $1B Buyout Offer
Core Scientific (NASDAQ:CORZ), a Bitcoin mining company, saw its shares surge up to 40% in pre-market trading following a significant AI deal with cloud computing firm CoreWeave and a reported buyout offer from the same company. CoreWeave has reportedly made an all-cash offer to purchase Core Scientific, implying a 55% premium over the miner’s three-month average weighted share price as…
Shibarium dev issues warning on fake TREAT token
A notable Shibarium team member stressed that while the token cannot be taken down from exchanges, traders should exercise best practices. Source: https://cointelegraph.com/news/shibarium-dev-warning-fake-treat-token
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s Price Stabilizes Above $70,000 Bitcoin remains steady above $70,000 at 1:05 p.m. EDT on June […] Source: https://news.bitcoin.com/bitcoin-surpasses-70000-reaches-intraday-high-of-71031/
Stradivarius Violin Secures $9M NFT Loan from Galaxy Digital
Digital assets firm Galaxy Digital has granted a multimillion-dollar loan to Yat Siu, the co-founder of Animoca Brands, using a unique collateral combination: a tokenized 1708 Stradivarius violin and its corresponding non-fungible token. Valued at over $9 million, the violin boasts a storied history, including ownership by Russian Empress Catherine the Great. This deal could set a precedent for the…
Meme Stocks GME, AMC and Related Meme Coins Take a Hit as Roaring Kitty’s Influence Wanes
The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC Entertainment Holdings, or AMC, has also experienced a decrease of approximately 1.87%. According to the cryptocurrency market cap […] Source: https://news.bitcoin.com/meme-stocks-gme-amc-and-related-meme-coins-take-a-hit-as-roaring-kittys-influence-wanes/
Bitcoin Price Hits $71,000 as Meme Coins ORDI, DOG, and PUPS Surge
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 leading cryptocurrency is on the rise again, as Bitcoin hit its highest price in two weeks and nearing the highest point seen since April’s quadrennial…