Cryptocurrency Market

  • Market Cap: $2,278,653,454,413.56
  • 24h Vol: $64,046,903,564.64
  • BTC Dominance: 56.28%
gemini-founders-donate-$2-million-in-bitcoin-to-donald-trump-to-end-biden’s-‘war-on-crypto’

Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’

Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump’s presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government agencies, as well as the U.S. Securities and Exchange Commission (SEC), against the crypto industry. Cameron echoed these sentiments, declaring Trump as the pro-bitcoin, pro-crypto, and […]

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javier-milei-reiterates-several-currencies,-including-bitcoin,-will-compete-in-argentina

Javier Milei Reiterates Several Currencies, Including Bitcoin, Will Compete in Argentina

President Javier Milei took to social media to re-explain the currency plans for Argentina. Answering a post mentioning bitcoin, Milei stated that anyone wishing to use bitcoin will be able to do so, given that there will be currency competition in the country. “You can also use other units such as WTI, BTU, and the

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bitcoin-technical-analysis:-btc-faces-continued-downtrend-amidst-high-selling-pressure

Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure

Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders as bearish trends dominate the charts. Bitcoin In the short term, the 1-hour chart indicates

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nigerian-court-dismisses-fugitive-binance-exec’s-rights-lawsuit

Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit

A Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law enforcement agencies. In his ruling, Judge Inyang Ekwo reportedly cited Anjarwalla’s lack of legal representation as one of the reasons for dismissing the lawsuit. Binance Exec’s Lack of Representation Leads to Lawsuit Dismissal A Nigerian Court

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ethiopia-approves-cbdc-launch-draft-proclamation

Ethiopia Approves CBDC Launch Draft Proclamation

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch

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australian-regulator-appeals-court-decision-exempting-block-earner-from-penalty

Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted

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philippine-sec-warns-against-skyline-crypto-and-dry-goods-trading-investments

Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments

The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline

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australian-bank-halts-development-of-eth-based-stablecoin

Australian Bank Halts Development of ETH-Based Stablecoin

The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently

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unlicensed-crypto-business-leads-to-indictments-in-utah

Unlicensed Crypto Business Leads to Indictments in Utah

Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the

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imf:-cbdcs-can-boost-financial-inclusion-and-payment-efficiency-in-middle-east

IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East

The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks

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