The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators. Source: https://cointelegraph.com/news/louisiana-crypto-law-protects-node-operators-bans-cbdc
Month: June 2024
European Central Bank releases first CBDC progress update
The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking. Source: https://cointelegraph.com/news/european-central-bank-first-cbdc-progress-update
Japan’s MicroStrategy Pops 9% After Announcing $6.2 Million Bond Sale to Buy Bitcoin
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 Bitcoin’s recent pullback has yet to shake the faith of Metaplanet, the public Japanese firm that went all in on BTC starting in April. The firm…
Heavy Sell-Off Sees Bitcoin Drop Below $60K, Over $140M in BTC Longs Liquidated
Bitcoin’s price fell beneath the $60,000 mark on Monday, declining over 6% against the U.S. dollar. At 1:30 p.m. EDT on June 24, the currency’s price hit an intraday low of $59,809 per coin. Bitcoin Struggles Against Bearish Market, Slides to Near $60K Level This Monday proved tumultuous for bitcoin (BTC), as its price dipped […] Source: https://news.bitcoin.com/heavy-sell-off-sees-bitcoin-drop-below-60k-over-140m-in-btc-longs-liquidated/
Bitcoin 'whale games' come early as BTC price swoons below $60K
BTC price weakness delivers seven-week lows as whale “spoofing” across order books creates grim conditions for Bitcoin bulls. Source: https://cointelegraph.com/news/bitcoin-whale-games-btc-price-below-60k
Price analysis 6/24: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin price descends to $60,000, but will traders buy the dip in BTC and altcoins? Source: https://cointelegraph.com/news/price-analysis-6-24-spx-dxy-btc-eth-bnb-sol-xrp-ton-doge-ada
Chief author behind President Biden’s crypto EO rejoins administration
Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an election year. Source: https://cointelegraph.com/news/president-biden-crypto-executive-order-author-returns
Big banks rush in to test ECB’s wholesale distributed ledger tech
The new participants in the European Central Bank’s DLT tests include major financial institutions. Source: https://cointelegraph.com/news/ecb-expands-dlt-testing-new-phase
Bitcoin Price Falls Further as Crypto Liquidations Top $330 Million
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 Bitcoin has fallen below $60,000 for the first time since early May. This comes after an announcement that Mt. Gox creditors will start receiving repayments in…
Why is Bitcoin DeFi blooming? Developers share their insights
Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate. Source: https://cointelegraph.com/news/why-is-bitcoin-defi-blooming-developers-share-their-insights