Altcoins Chase New Highs After Bitcoin Hits $123,000
Key points:Bitcoin is facing profit booking near $123,000, pointing to a minor consolidation or correction in the near term.Several major altcoins have broken above their overhead resistance levels, indicating the start of a new…
Metaplanet’s CEO Joins Sora Ventures In Korean Deal Targeting Crypto Strategy
Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Korea’s KOSDAQ. The deal, if finalized, would…
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SharpLink Gaming Makes Another Massive Ethereum Purchase, Buys 10,000 ETH from Foundation
TLDR:
SharpLink buys 10,000 ETH from Ethereum Foundation in $25.7M on-chain deal.
Company plans to stake entire ETH holding to reduce supply and earn yield.
SharpLink becomes largest public firm to hold Ethereum as a treasury…
UK Banks Should not Issue Stablecoins
Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead.Stablecoins introduce systemic risks to banking institutions that…
Bitcoin And Altcoin Traders Are Buying The Dip
Key points:Bitcoin searches for support near $103,000, but rising uncertainty in global markets could cap future rallies.Select altcoins are finding buyers at lower levels, indicating traders’ desire to buy the dip.Bitcoin (BTC) corrected…
CZ denies $2B USD1 allegations tied to Trump – Details inside!
Key Takeaways
Binance founder denied claims that his presidential pardon application was linked to an exchange agreement with Trump-linked World Liberty Financial.
Binance founder, Changpeng Zhao (CZ), has dismissed claims…
Crypto Risk-Seeker James Wynn Deletes X Account
James Wynn, a crypto trader known for his high-leverage crypto bets, appears to have deactivated his X social media account, following nine-digit losses.Wynn’s X handle “JamesWynnReal” now routes to a page that says “This account doesn’t…
Altseason Starts As Bitcoin Soars Above $118K
Key points:Bitcoin remains strong as long as it stays above $110,530.Bitcoin breaking to new all-time highs has attracted buying in select altcoins such as ETH, HYPE, UNI and SEI.Bitcoin (BTC) has been on a roll, rising above $118,800 on…
Pi Network’s Major Achievement, Ripple (XRP) Price Shock Coming, and More: Bits Recap June 20
TL;DR
Pi Network’s Core Team recently celebrated 100 days since the launch of the Open Network.
DOGE’s price has consolidated at around $0.16-$0.18, but a major price swing could be incoming.
Ripple’s XRP is also showing…