Category : Cryptocoins News

Cryptocoins News

Bitcoin reaches 50% market dominance for first time in 2 years

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Web3 usernames may see greater adoption due to recent advancements

New developments such as free usernames, cross-chain names and chat functions may lead to more addresses being associated with a name. Ever since the Ethereum Name Ser...

UK Moves Closer to Crypto Laws with Parliament’s Upper House Approval

The United Kingdom is getting closer to treating cryptocurrency as a regulated activity, with the promotion of digital assets being closely monitored. On Monday, lawmakers from Parliament’s upper chamber and the House of Lords ratified the Financial...

Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million

Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations?...

Lawmakers vs. the SEC vs. Binance: Law Decoded, June 12–19

The SEC doesn’t have it all its own way in a court struggle with Binance.US and faces more media pressure. Once again, the United States Securities and Exchange Commis...

Fear of a digital euro prompts Slovakia to add cash rule to constitution

Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash. Slovakia will codify the...

Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

The strength in the S&P 500 and weakness in the U.S. Dollar Index could limit the short-term downside in Bitcoin and select altcoins. The S&P 500 Index (SPX)...

UK government moves forward on financial markets bill for potential regulation of crypto

Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes....

Crypto lender Delio to resume withdrawals after counterparty contagion

"We will come up with a plan to recover the loss," said company officials. According to a recent report by local news outlet Decenter, South Korean crypto lending pla...

Crypto investment products experience outflows for 9th consecutive week

Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon. On June 19, European cryptocurrency investment firm CoinShares published its “Digita...

Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?

U.S. stock markets hit year-to-date highs, the Fed paused rate hikes, and Binance.US and the SEC reached an agreement, but data shows Bitcoin bulls remain somewhat skittish....

IMF envisions ‘new class’ of cross-border payment platform with single ledger

The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs. The International Monetary Fund has presented the outline...

Realtor may have accepted $3M offer for Washington, DC property linked to Sam Bankman-Fried

The Washington, D.C. townhouse owned by Guarding Against Pandemics was listed as “contingent” on a real estate website, suggesting the party handling the deal has accepted an offer....

Etherscan launches AI-powered Code Reader

The tool allows users to retrieve and interpret the source code of a specific contract address via an AI prompt. On June 19, Ethereum block explorer and analytics pla...

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans. (Read More)

Blockchain technology is ‘trying to address very large TAMs’: Roger Bayston

Roger Bayston expects crypto investors to eventually be rewarded. He’s bullish on blockchain as it sits at the heart of a digital economy. Bayston is the Head of Digital Assets at Franklin Templeton. Roger Bayston remains constructive on cryp...

How to use Solana Saga to buy and sell crypto

The first mobile by a blockchain company, the Solana Saga was launched in April 2023. Can users benefit by using Saga for crypto transactions? Solana Saga, the Web3 mo...

Why is Cardano price down today?

Diminishing user activity and stiff upward resistance are driving Cardano’s prices lower today with bears focused on pulling ADA price down toward...

5 AI tools for video editing

Discover five powerful AI tools for video editing that enhance your editing process and boost creativity. Artificial intelligence (AI) has revolutionized the field of...

Do Kwon sentenced to 4 months in prison in Montenegro

Do Kwon was arrested in March as he tried to board a flight to Dubai. The Terraform Labs CEO is wanted in South Korea and in the US on charges related to the collapse of TerraUSD and Terra LUNA. Kwon was sentenced together with Han Chang-joon, the f...

Hong Kong Monetary Authority Explores Virtual Asset Regulation in UAE and Highlights Converging Global Standards

According to a report by Ming Pao, the Hong Kong Monetary Authority (HKMA) recently visited the United Arab Emirates (UAE) to discuss the regulation of virtual assets (cryptos) with the local central bank. (Read More)

Report: 33 straight days of net withdrawals from crypto exchanges

Key Takeaways Regulators are clamping down hard on the US crypto industry, with recent lawsuits announced against Binance and Coinbase Bitcoin’s correlation with stocks is at a 5-year low, with the latter soaring but Bitcoin’s price supp...

Bitcoin signals potential breakdown, top analyst says about BTC price

Bitcoin (BTC) is positioned for further downside as a new Weekly Close below the 200-week moving average signals. BTC rejecting from above $26k would welcome bears to the party as double-confirmation of the breakdown. According to crypto analyst Rek...

Do Kwon gets 4 months in prison in Montenegro on fake passport charges

Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport. Terraform Labs founder Do Kwon has been found g...

Terraform Labs’ Do Kwon Sentenced to 4 Months in Jail over Document Forgery

A court in Montenegro has sentenced Do Kwon, the Co-Founder of Terraform Labs, to four months in jail for possessing forged passports and travel documents. Han Chong-Joon, the former Chief Financial Officer at the Singapore-based blockchain company,...

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