Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparked renewed interest. Over the past 24 hours, crypto assets such as GME and KITTY have seen triple-digit gains. GME and […] Source: https://news.bitcoin.com/meme-stock-and-gme-meme-coin-craze-rekindled-by-roaring-kittys-reddit-return/
Month: June 2024
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin Network Hashrate Declines Sharply After Brief Uptick […] Source: https://news.bitcoin.com/bitcoin-mining-power-wanes-network-hashrate-drops-below-600-eh-s/
Bitcoin battles key resistance as trader flags $100K BTC price 'magnet'
BTC price momentum is building as Bitcoin bulls attempt to cement $69,000 as support this month. Source: https://cointelegraph.com/news/bitcoin-battles-key-resistance-100k-btc-price-magnet
Blockchain Sleuth Zackxbt Called out Floyd Mayweather on Token Scams
Blockchain sleuth Zackxbt called out former boxing world champion Floyd “Money” Mayweather about his fraudulent token activities. Answering a now-deleted post on X where Mayweather promoted a Solana address for his token, Zackxbt asked if the boxer deserved a 13th chance, given the numerous failed and disappeared projects he had promoted before. Zackxbt stressed that […] Source: https://news.bitcoin.com/blockchain-sleuth-zackxbt-called-out-floyd-mayweather-on-token-scams/
Microstrategy and Michael Saylor Reach $40 Million Settlement in DC Tax Lawsuit
American software company MicroStrategy and its chairman Michael Saylor have agreed to pay $40 million to settle charges from the D.C. attorney general that the company and its co-founder defrauded the district of millions in unpaid taxes. The District of Columbia filed a lawsuit against Saylor for unpaid taxes in August 2022. It accused Saylor of failing to pay over…
Why Bitcoin may be boosted by a European Central Bank rate cut
The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone. Source: https://cointelegraph.com/news/bitcoin-inflows-rise-ecb-rate-cut
FIT21 bill a ‘watershed moment’ for crypto despite CFTC-SEC friction
FIT21 is the first bipartisan legislation of its kind to pass in either chamber of Congress, but is its dual-agency model workable? Source: https://cointelegraph.com/news/fit21-bill-crypto-congress-cftc-sec-us
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty to Ordinal: Bitcoin NFTs Hit $3.82 Billion in Sales In the first week of […] Source: https://news.bitcoin.com/bitcoin-blockchain-records-3-82-billion-in-nft-sales-secures-fourth-largest-spot/
The Incrypted Team Will Host the Online Marathon 2024
PRESS RELEASE. The Online Marathon 2024 event, which Incrypted team is organizing as part of Ukrainian Blockchain Week, will take place from June 20 to 22, 2024. This online conference will bring together leading representatives of the crypto industry. The event will provide an opportunity to become a part of a dynamic community that promotes […] Source: https://news.bitcoin.com/the-incrypted-team-will-host-the-online-marathon-2024/
Ethereum Technical Analysis: Bulls Face Critical Resistance at $3,900
Ethereum’s price over the past hour has been $3,785 to $3,816, showing an intraday range between $3,746 and $3,837 in the last 24 hours. The crypto’s market capitalization today stands at $458 billion, with a 24-hour trade volume of $10.75 billion. Ethereum On the 1-hour chart, ethereum demonstrates strong support at $3,750 and resistance at […] Source: https://news.bitcoin.com/ethereum-technical-analysis-bulls-face-critical-resistance-at-3900/