Welcome to the June edition of Cryptie! As summer gets hotter, the cryptocurrency world is also heating up. This issue is packed with exciting updates, including the latest trends in cryptocurrency payments, industry news, and community developments. There are new insights and special features to keep you informed.Jump in and stay ahead of the ever-evolving cryptocurrency landscape!On this issue: industry newsRead news from across the blockchain industry.MicroStrategy plans to raise $500 million to buy more Bitcoin (Investopedia).Former President Trump called for all Bitcoin mining to take place within the United States.forbes).Coinbase donated $25 million to Fairshake Super PAC shortly after…
Author: Crypto Flexs
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Common Ground World players are having a blast as the introduction of Kimchi Craze adds a new twist to the popular game. Starting tomorrow, players will be able to enjoy tangy kimchi made with fresh lettuce and shrimp-based fish sauce at a newly added Korean restaurant, according to Gala News. New crafts and rewards Players can look forward to new crafts, including kimchi and fish sauce. Kimchi, which can be made with ingredients such as lettuce, fish sauce, sugar, rice vinegar, and seaweed, is made in Korean restaurants and stored in warehouses. The kimchi making…
Messaging app Telegram is seeing an increase in the number of scams focused on the Toncoin (TON) ecosystem, according to a report by blockchain journalist Colin Wu. Citing blockchain security firm SlowMist, Wu says “a lot of phishing attacks” are currently occurring in the layer-1 blockchain ecosystem backed by Telegram. “Many phishing links (or bots) are spread through groups using fake airdrops and other methods to hack assets in users’ TON wallets, especially anonymous Telegram numbers. Many people use it to create a Telegram account, and if it is stolen, that Telegram account can also be stolen if you do…
Ether (ETH) price may be on the verge of the most important event in terms of the spot ETH ETF that integrates altcoins with traditional financial markets, but the price is not reacting as expected. In fact, on June 24, Ethereum reached its lowest level in over a month, falling to $3,250. ETH eventually regained $3,400 support on June 25, but both on-chain and derivatives indicators suggest limited upside potential.Analysts say the launch of a spot ETH ETF could be disappointing.Some analysts believe the timing of the launch of an Ethereum spot exchange-traded fund (ETF) is unlikely to result in…
Company • June 25, 2024 2:29 PM EDT Posted 1 minute ago In ~ Episode 38 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro and Ripple Chairman Monica Long.Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).Monica Long is the President of Ripple.In this episode, Long discusses the growth and expansion of Ripple’s business, the impact of the SEC’s decision on XRP, the upcoming stablecoin launch, and more. outline 00:00 introduction 00:50 ripple update …
Cryptocurrency enthusiasts and investors want to know when altcoin season will begin. Top analysts offer varying perspectives on the timing and indicators that will signal these changes. We are not in an altcoin bull market yet. Crypto analyst Miles Deutscher recently shared his insights, highlighting that the market is far from an altcoin bull market. He explained that while Bitcoin is hitting record highs and meme coins are trending, altcoins are significantly underperforming. “Most retail stores do not hold Bitcoin in large quantities, but as altcoins. And altcoins have been significantly underperforming so far this cycle,” he noted. Deutscher highlighted…
According to the BitMEX blog, BitMEX has officially updated the Mark Method for the ZROUSDTZ24 trading pair to mark the fair price. This change took effect on June 25, 2024 at 08:00 UTC. New index for ZRO price The correction is made possible by building a robust index that accurately represents the spot price of ZRO. The new pricing mechanism, known as the .BZROT index, aggregates data from several popular exchanges, including Binance, Bybit, OKX, Gate.io, and Kucoin. Impact on Transaction Protection With the implementation of fair price marking, BitMEX also removed price limits and…
Bitcoin (BTC) returned to $62,000 on June 25 as the market slowly recovered its losses by the opening of the week.BTC/USD 1-hour chart. Source: TradingViewAs the market rebounds, BTC price tests the 200-day trendline.According to data from Cointelegraph Markets Pro and TradingView, BTC price strength is showing a tentative recovery after the opening bell on Wall Street.Bulls struggled as a trip to the previous day’s seven-week low of $58,500 triggered a series of capitulations.Bitcoin’s Relative Strength Index (RSI) reading on a four-hour basis hit its lowest level since August 2023. This is also the last time BTC/USD abandoned a bull…
LINK surged 7.7%, sparking optimism among analysts. Despite the surge in prices, market sentiment remains bearish with few bullish signals. After several weeks of declines, Chainlink (LINK) has posted a strong rally. Recent developments have pushed it above the support level around $12.96. As it moves out of this zone, bulls are expecting a continued upward trend despite the volatility of the altcoin. Recent market activity has captivated various cryptocurrency stakeholders, sparking speculation and bold predictions. One notable analyst said world of charts, LINK shared that: “It’s still heating up within the wedge that finally falls. The more it consolidates,…
HIVE Digital Technologies reported 8% year-over-year revenue growth on Tuesday to $114.5 million, beating analysts’ estimates by about $2.7 million.HIVE’s total operating margin for the fiscal year ended March 31, 2024 was $40.4 million, or 35% of revenues, and for fiscal 2023 it was $50.9 million, or 48% of revenues. The decline was mainly due to increased Bitcoin network difficulties compared to previous years, along with rising Bitcoin prices, the company said.Other than the company’s HPC operations, revenue from digital currency mining was $111 million, with a total operating margin of $40.3 million, or a 36% operating margin. HIVE achieved…