Quick Look
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global...
Chinese Telecom giant Coolpad to buy Bitcoin mining rigs worth $13.5 million
Coolpad Group plans to acquire 2,700 BTC mining rigs for $13.5 million. The company will deploy these rigs in North America....
Analyst Forecasts Silver Shortage, Price Increases As Consumers Tap Dwindling Secondary Inventories
Peter Krauth, a silver market analyst and author of “The Great Silver Bull,” has predicted an upcoming silver shortage...
Toncoin, ZKsync in focus as Bitbot aims at top exchange listing
Toncoin and ZKsync are in focus after TON rallied to an all-time high, while ZK is listed on top crypto exchanges. Bitbot recently...
Resolving the Liquidity Dilemma: Orderly Network’s Next-Gen Trading Infrastructure Elevates DeFi Efficiency with Institutional-Grade Liquidity
By enhancing liquidity, simplifying the user experience, and supporting diverse trading solutions, an omnichain trading...
Bitget Wallet Launches Smart Money Feature for Solana, Introduces Cross-Chain Transactions
Victoria, Seychelles, June 17th, 2024, Chainwire Bitget Wallet introduces the “Smart Money” feature for Solana within Bitget Swap....
PlayDoge Meme Coin Hits New Heights with $4.5M Presale Raise, Analyst Forecasts Big Gains
PlayDoge (PLAY) is cementing itself as one of the most anticipated new meme coin launches this year. The retro Play-to-Earn project...
SOLJU’s beverage-themed meme coin launches on Solana. Will it rally like Beercoin?
Key takeaways Solju is introducing beverages to the meme coin ecosystem by blending South Korea’s popular Soju alcoholic beverage...
Bitcoin Technical Analysis: BTC Endures Persistent Downward Trend Amid High Volatility
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency...
Waka Flocka Flame (FLOCKA) debut hit with insider trading allegations
Waka Flocka Flame’s FLOCKA token launch marred by 40% supply grab pre-announcement. Blockchain investigator flags rapid token...
Singapore’s National Goalkeeper, Hassan Sunny, Appointed as Chief Security Officer for HTX Global and TRON
Singapore’s national goalkeeper, Hassan Sunny, has been appointed as the Chief Security Officer and spokesperson for HTX Global and...
VALR Concludes European Tour with Strategic Engagements Across Key Financial Hubs
Singapore, Singapore, June 17th, 2024, Chainwire VALR, the Pantera-backed crypto exchange, has embarked on a significant tour...
Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange
The Financial Services Agency (FSA) of Japan issued a warning to Lbank Exchange, an overseas cryptocurrency platform, for operating...
Binance lists ZKsync (ZK) with distribution program
Binance will list ZKsync (ZK) on Monday, June 17. The exchange will add ZK/BTC, ZK/USDT, ZK/FDUSD and ZK/TRY spot trading pairs....
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative...
Putin Criticizes U.S. Dollar’s Lack of Gold Backing, Calls for Alternative Payment Systems
Russian President Vladimir Putin criticized the United States for its abandonment of the gold standard, remarking in a...
Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects...
Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following...
Crypto Sector Secures $317M in Venture Capital Deals in Early June
With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector....
SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum...
Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence
Paul Ryan, a former speaker of the House of Representatives, has assessed the possible role that stablecoins will play in fighting...
Missed Pepe and Book of Meme? SolJu could be the next hit
Meme coins have a market cap of over $60 billion. Tokens like Pepe and Bonk have made many millionaires. SolJu could be the next...
JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net...
The State of Crypto Merchant Adoption in 2024
Merchants are increasingly adopting cryptocurrencies like bitcoin and ethereum, reflecting a growing trend towards digital currency...
Salvadoran Government Introduces Bitcoin Banking Law Reform
The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its...
Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes...
Openai Reportedly Mulling For-Profit Shift
Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam...
T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin...
Report Says Biden Administration, Mark Cuban, and Ro Khanna Set for Critical Crypto Roundtable
Members of the Biden administration are reportedly convening for a bitcoin and blockchain roundtable with American entrepreneur and...
Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Trump Champions Bitcoin Mining, Vietnamese Increase Gold Buying, and More — Week in Review
Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining...
Experts Warn SEC’s Consolidated Audit Trail Is Unconstitutional
The U.S. Securities and Exchange Commission’s (SEC) newest surveillance tool, the Consolidated Audit Trail (CAT), has sparked...
An Introduction to Bitcoin Ordinals
Bitcoin Ordinals have emerged as a novel way to enhance the functionality and use of Bitcoin, the original cryptocurrency. By...
Bonk Loses Key Price Levels; Arbitrum Struggles With Momentum; RECQ Becomes a Go-To Investment
Bonk trades below a critical price level. Arbitrum loses steam, falling below $1. Rebel Satoshi Arcade’s blend of memes, GameFi and...
Malaysia Launches Special Operation to Crack Down on Crypto Tax Evasion
Malaysia’s Inland Revenue Board (IRB), in collaboration with the Royal Malaysia Police and Cybersecurity Malaysia (CSM),...
Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use...
Boxing Sensation Ryan Garcia Teases the Launch of His Own Meme Coin
In a series of recent social media posts, American professional boxer Ryan Garcia hinted at the creation of his own meme coin....
Turkish Bank Garanti BBVA Embraces Digital Assets With New Crypto Wallet and Trading Platform
In a significant move towards embracing digital assets, Turkish bank Garanti BBVA has launched a crypto wallet and trading...
Indian Authority Cracks Down on Highrich Online’s Crypto Operations
India’s Enforcement Directorate (ED) has conducted searches that uncovered a Ponzi scheme involving cryptocurrency...
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction...
Rapper Lil Pump Gets Dual Solana-Themed Tattoos
Gazzy Garcia, also known as Lil Pump, his professional rapper name, surprised his over 15 million followers on Instagram and X by...
Robert Kiyosaki Frustrated by ‘Lame Excuses’ to Avoid Buying Bitcoin – Foresees Significant Price Rise
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy bitcoin despite the cryptocurrency’s high prices....
IMF Data Shows Decline in US Dollar Dominance
Recent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollar’s share of allocated foreign...
New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State
New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program...
Nigerian Regulator Warns Against Investing in Meme Coin Linked to Davido
The Nigerian securities regulator warned residents against investing in a meme coin linked to singer and celebrity Davido. The...
CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows
Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital...
Whale Activity Propels Rebel Satoshi (RECQ) Presale Amid Slumping Prices for Polygon (MATIC) and Arbitrum (ARB)
TLDR Despite a recent surge, experts have an overall bearish outlook on Polygon (MATIC). Arbitrum (ARB) dipped slightly over the...
Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2
Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up...
Why Game Fox (GFOX) Could Be a Hot Meme Coin Pick in 2024
TLDRGame Fox (GFOX) is a new meme coin launched in April with web3 gaming feature PEPE and Floki Inu (FLOKI) face price declines as...
NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of...
Announcing SolJu (SOLJU), meme coin of the future on Solana
SolJu (SOLJU) is the newest Solana meme coin. The project blends South Korea’s popular Soju alcoholic beverage drink and Solana’s...
Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following...
Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference
Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan...
Electrocoin Launches Its New Cryptocurrency Exchange Platform, Electrocoin Trade
PRESS RELEASE. One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new...
Chinese Gang Arrested for Exploiting Digital Yuan
In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566)...
Memeinator in focus as most meme coins beat Bitcoin in 2024
Bitcoin and Ethereum have jumped by over 50% this year. Meme coins like Floki, Pepe, and Book of Meme have done much better....
56% of Fortune 500 Firms Pursue Crypto and Blockchain Projects, Says Coinbase
A Coinbase report reveals that cryptocurrency and blockchain initiatives among Fortune 100 companies rose by 39% year-over-year,...
Analysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’
Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025,...
BIS Survey: 94% of Central Banks Exploring Digital Currency
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital...
Worldcoin to Establish Latam Hub in Argentina Despite Heavy Scrutiny
Worldcoin, the biometric identification project, has announced a new expansion process in Argentina, where it reportedly will seek...
Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech,...
Bitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the...
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies
Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to...
Nigeria Drops Tax Evasion Charges Against Binance Executives
Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the...
Keith Gill Boosts Gamestop Stake, Becomes Fourth Largest Shareholder
Keith Gill, also known by his alias ‘Roaring Kitty,’ has significantly increased his investment in Gamestop, now...
Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens
On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart...
Utah Senator Seeks to Abolish Federal Reserve
Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee...
Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics
Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding...
New York recovers $50 million from Gemini for defrauded investors
New York Attorney General Letitia James has recovered $50 million from Gemini Trust, with this being money defrauded from Gemini...
ONI DEX Debuts Multi-Chain Ecosystem, Launchpads, and Innovative Earning Mechanisms
ONI DEX, a trailblazing decentralized exchange, is proud to announce its launch on multiple blockchains, including GALA Chain,...
Kadena Announces Partnership with Lurk Lab to Build ZK Bridge
New York, New York, June 14th, 2024, Chainwire Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership...
Meme Coin Prices Crash But Traders are Backing PlayDoge as Presale Raises $4.2M
The meme coin market is in a tailspin, with prices crashing across the board. However, one project is bucking the trend. PlayDoge...
Fidelity’s FBTC leads as spot Bitcoin ETFs see $226 million in net outflows
Fidelity’s FBTC sees $106 million in outflows, nearly half of the $226 million spot bitcoin ETF outflows on June 13. BlackRock’s...
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto...
SEC to fully approve spot Ether ETFs by September as Society’s presale kicks off in four days
Key takeaways The SEC chair has revealed that the regulator will fully approve spot Ether ETFs by September. The Solciety presale...
Bitcoin.com to Host $10k Crypto Giveaway In CoinPoker Freeroll Tournament
Mark the calendars, as this Sunday is poker night. Bitcoin.com is pleased to announce an exclusive, free-to-enter poker tournament...
Ethena (ENA) investors turn to Oasis (ROSE) and Bitbot for potential gains
Ethena (ENA) struggles with bearish trends, eyes set on $0.65 support. Oasis (ROSE) showcases bullish resilience driven by robust...
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments,...
Tesla CEO Elon Musk Warns Against Government Overregulation
Tesla CEO Elon Musk has expressed concern that excessive government expansion leads to more regulators than participants,...
Moscow Exchange Stops Trading in Dollar and Euro Due to US Sanctions
On Wednesday, the Moscow Exchange (MOEX) announced new restrictions on its trading activities. The exchange revealed that, due to...
Kenyan Central Bank to Issue Licenses to Fintech Firms
The Central Bank of Kenya is amending the country’s payment systems law, which will allow it to issue operating licenses to fintech...
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through...
Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto
Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with...
Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court
The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case...
Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds
The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on...
US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets....
Crypto Just Got Hungrier: DevourGO Now Accepts Payments via Coinbase Commerce
Phoenix, United States, June 13th, 2024, Chainwire Devour, the leading web3-powered food ordering platform, announced today that...
US Treasury Expands Sanctions to Cripple Russian War Economy
The U.S. Treasury Department announced Wednesday that over 300 new sanctions have been issued to intensify pressure on Russia for...
SEC chair says S-1 approvals for spot Ether ETFs in the summer
SEC Chair Gary Gensler told lawmakers on Thursday that he sees spot Ethereum ETFs’ S-1 filings approval in the summer. The SEC...
Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its...