The added selling pressure from the German government could tank Bitcoin price below the key $60,000 mark. Source: https://cointelegraph.com/news/german-gov-sells-900-bitcoin-400-btc-coinbase-kraken
Month: June 2024
Bitcoin exchange balances 'overrated?' 140K BTC Mt. Gox payout sparks debate
Bitcoin exchange balances are not a go-to yardstick for BTC price strength, one commentator argues as others dismiss the latest Mt. Gox fears. Source: https://cointelegraph.com/news/bitcoin-exchange-balances-140k-btc-mt-gox-payout
Memecoins reverse bearish market trends to record double-digit growth
The biggest winners in this recent bullish surge are the new memecoins that have emerged over the past few months. Source: https://cointelegraph.com/news/memecoins-reverse-bearish-market-trends
Rapper Drake Has Lost Over $1 Million in Bitcoin Betting on the Stanley Cup and NBA Finals
In a wild ride of high-stakes gambling and cryptocurrency, rap icon Drake has found himself on the wrong side of a seven-figure Bitcoin betting spree. The Canadian superstar, known for his love of sports betting, has now lost over $1 million in Bitcoin (BTC) after two ill-fated wagers on the NBA Finals and Stanley Cup Finals. Earlier this month, Decrypt…
Former Soccer Star Ronaldinho: Time for Crypto to Go Mainstream
In a now-deleted message posted on June 23 on X, former Brazilian soccer superstar Ronaldo de Assis Moreira, known as Ronaldinho, declared his support for crypto, stressing that it was time for this industry to reach more people. Ronaldinho stated: “Time for crypto to go mainstream, who’s with me?.” Recently, he was named ambassador of […] Source: https://news.bitcoin.com/former-soccer-star-ronaldinho-time-for-crypto-to-go-mainstream/
Marc Cuban wallet seen dumping NFTs after 2 years of inactivity
Marc Cuban’s wallet sold 14 NFTs for $38,500 and listed two more NFTs for sale for about $66,000. Source: https://cointelegraph.com/news/marc-cuban-nft-sales-2024
Hong Kong shows off crypto, Web3 prowess in Toronto
Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official. Source: https://cointelegraph.com/news/hong-kong-promotes-crypto-web3-toronto-conference
Mika Shares How to Send and Receive Crypto Using Kraken Wallet
Join Mika, the creator of Rug Radio and a noted crypto influencer, as she guides you through the process of sending and receiving cryptocurrency using the Kraken wallet. Source: https://decrypt.co/videos/explainers/Dg5Xjel7/mika-shares-how-to-send-and-receive-crypto-using-kraken-wallet
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months. Source: https://cointelegraph.com/news/bitcoin-etfs-shed-1-3-billion-two-weeks-amid-market-slump
Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the ‘fuel’ behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo. Source: https://cointelegraph.com/news/bitcoin-long-position-liquidation-squeeze-btc-miners-price-crypto-analyst