Quick Look
Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery
Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of...
Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed...
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the...
$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged...
Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden
Ten days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets...
Is GameStop Legend Roaring Kitty About To Ignite The Crypto Bull Run? Whales Are Scooping Up These 2 Altcoins
After years of inactivity, the legendary trader Keith Gill, known as Roaring Kitty on X, came to life last week. The resurgence of...
Latam Insights: Mexican Billionaire Ricardo Salinas Recommends Purchasing Bitcoin, Cardano Partners Argentine Province
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
The Memecoin Frenzy Has Ignited a Scalability Arms Race
Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across...
Mexican Billionaire Says to Buy Bitcoin, Musk vs. Nakamoto, and More — Week in Review
Mexican billionaire Ricardo Salinas Pliego has urged his followers to buy Bitcoin. Elon Musk, currently the world’s...
Hoskinson Laments the Disconnect Between Public Perception of Cardano and Its Fundamentals
The Cardano blockchain co-founder, Charles Hoskinson, has expressed frustration over what he perceives as a disconnect between the...
FBI Warns of Rising Government Impersonation Scams Demanding Crypto
The Federal Bureau of Investigation (FBI) Portland Division warned the public this week about a surge in scammers impersonating FBI...
FTX Loaned Millions to Australian Influencer to Ward Off Potential Litigation, Bankruptcy Report Reveals
According to a bankruptcy report from FTX, the defunct cryptocurrency exchange loaned an Australian influencer slightly more than...
Ripple Teams Up With Clear Junction for GBP and EUR Payouts
Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance...
Gold Rush Hits Seoul Streets: Gold Bars Now Sold in Vending Machines
Vending machines in Seoul, South Korea, are revolutionizing the traditional concept of buying gold by offering gold bars in various...
Indian Authority Busts Cryptocurrency Fraud Ring Targeting Foreign National
India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national. The...
China Halts Gold Buying in May, Ending 18-Month Buying Spree
The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold...
Donald Trump Vows to Be the ‘Crypto President’ — Pledges to End Biden-Gensler Crypto Policies Within One Hour
Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if...
Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins
Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000...
Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year,...
Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates
Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a...
Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling...
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million....
Roaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge
On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25...
Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded
During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales...
Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations
Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from...
BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital
Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by...
Sky Mavis Reports Return of $5.7 Million in Digital Assets Stolen During Ronin Attack
Sky Mavis announced that Norwegian authorities have recovered and returned $5.7 million in digital assets stolen during the Ronin...
Liberty Dollar vs. Bitcoin: Why the US Government Shut Down One but Not the Other
The U.S. government successfully shut down the Liberty Dollar, a private currency created by Bernard von NotHaus, while Bitcoin,...
Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison
Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy...
Bitget Enriches VIP Access with Expanded Services and Perks
Victoria, Seychelles, June 8th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is excited to...
TON Foundation Announces Plans to Widen Access to USDT on Ton
The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON...
Central Banks Boost Gold Reserves by 33 Tonnes in April
Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the...
70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU)...
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive...
South African Police Nab Alleged Mastermind of Metaverse Ponzi Scheme
Neil Leon De Waal, a key figure in the GS Partners metaverse fraud case, was reportedly arrested by South African law enforcement...
New York Cracks Down on Crypto Pyramid Schemes Targeting Immigrants
New York Attorney General Letitia James has sued Novatechfx, AWS Mining, and their founders for orchestrating crypto pyramid...
Claims Against Collapsed South African Bitcoin Investment Firm Rise to $84.5 Million
Claims against Mirror Trading International (MTI) have reached over $84.5 million (ZAR1.6 billion), with more than 8,000 proven...
Vitalik Buterin Criticizes Celebrity Crypto Projects — Offers Blueprint for Respectable Ventures
Ethereum co-founder Vitalik Buterin has expressed his dissatisfaction with the current wave of celebrity crypto projects,...
Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated
The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on...
Investors target Injective, ORDI gains ahead of Bitbot launch
Injective and ORDI soared in intraday trading today, leading the market as analysts predict the altseason is loading. Bitbot has...
Crypto Exchange Bybit Announces Trading Support for Overseas Chinese
Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s...
Penguiana’s $PENGU Token Soars Following CoinMarketCap Listing, Preparing for Exciting GUIANA NFT Mint
PRESS RELEASE. Penguiana, the penguin-themed meme coin on the Solana blockchain, with an upcoming play to earn game has witnessed a...
Gamestop-Related Meme Coins Surge With Roaring Kitty Up 161%, GME Token Up 80%
Gamestop and Wall Street Bets-related meme coins are experiencing a significant rise on Friday, with many achieving double and...
Viral Sealana Presale Enters Final Stage – Could SEAL 10x After DEX Launch?
The Solana-based meme coin Sealana (SEAL) is wrapping up its wildly popular presale after raising over $3 million from investors....
BEVM Visionary Builders (BVB) Program Launches a 60 Million Ecosystem Incentives Program
HongKong, China, June 7th, 2024, Chainwire BEVM has announced a new incentive program, the BEVM Visionary Builders (BVB), following...
Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January
Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased...
Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames
Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to...
Mother Token Celebrity Iggy Azalea Mocks Ethereum’s Vitalik Buterin in Breastfeeding Meme
Iggy Azalea, the female rapper and composer behind the MOTHER token issued on Solana, mocked Vitalik Buterin, an Ethereum...
Crypto traders eye Memeinator (MMTR) amid bullish projections for Bitcoin
Analysts are bullish on Bitcoin, Ethereum as prices hover above $71k and 3.8k respectively. The outlook has investors eyeing new...
TRON DAO at Consensus 2024 With Exclusive Whale Night Event
PRESS RELEASE. Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held...
Gemini Taps Kaiko for Enhanced Cryptocurrency Derivatives Trading
Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives...
Robert Kiyosaki Says His Prediction of Bitcoin Hitting $350K in August ‘Is Not a Lie’ — Also Bullish on Ethereum and Solana
Rich Dad Poor Dad author Robert Kiyosaki has emphasized that his prediction of bitcoin hitting $350K on Aug. 25 “is not a...
Tether, Nodo Partner to Drive Stablecoin and Bitcoin Education in Africa
Stablecoin issuer Tether has partnered with Nodo to educate prospective African users about the use cases of stablecoins and...
Uzbekistan’s Islamic Authority Retracts Fatwa Against Cryptocurrency, Issues Apology
Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies...
Cross Border CBDC Project Mbridge Enters MVP Stage
Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a...
‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters
The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its...
Worldcoin Agrees to Temporarily Stop Operations in Spain
Worldcoin, the biometric proof-of-personhood identification protocol, has agreed to temporarily stop its operations in Spain....
Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued
Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard,...
Mantle price outlook: Here’s why MNT is soaring
Mantle price rose 6% to above $1.04, with gains coming as Bitcoin (BTC) retested the $71k level. MNT price had struggled to break...
Report: Kraken Considers IPO Amid Renewed Investor Interest
Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public...
Solv Protocol and Binance Web3 Wallet Launch Joint Marketing Campaign to Unlock Bitcoin’s DeFi Potential
New York, City, June 6th, 2024, Chainwire Solv Protocol, the pioneering DeFi platform spearheading the development of an omni-chain...
Associate Professor Rejects Alleged Link Between Nigerian Currency Depreciation and Crypto Trading
Nigeria’s decision to halt naira trading on cryptocurrency exchanges is likely to worsen matters for its volatile currency,” an...
BRETT, BEERCOIN (BEER) prices soar but KangaMoon (KANG) is spoiling the party
BRETT and BEERCOIN (BEER) witness three-digit price surges. KangaMoon (KANG) presale gains momentum as it nears end. KangaMoon...
Unstoppable Domains and Blockchain.com Partner for DNS-Enabled Web3 Domain
Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to...
Sushi goes live on Bitcoin sidechain Rootstock
Sushi is now live on Bitcoin (BTC) sidechain Rootstock Rootstock’s integration with the decentralised exchange (DEX) will expand...
PlayDoge Meme Coin Shoots to $2.5M in Opening 10 Days of Presale as Analysts Predict Big Gains
Forget Dogecoin – a new meme coin has joined the market and is quickly becoming a hot topic. PlayDoge (PLAY) has raised over $2.5...
XOCIETY Receives $7.5 Million in Funding to Develop New AAA Game
Seoul, Korea, June 6th, 2024, Chainwire XOCIETY, a AAA third-person shooter game, has successfully closed a $7.5 million pre-Series...
Gold Rush: Long Lines to Purchase Bullion in Vietnam
Local reports indicate that lines of several dozen people are waiting to purchase gold bullion from various state-owned banks in...
BetFury Announces $20 Million Cryptodrop Event
Willemstad, Curacao, June 6th, 2024, Chainwire The BetFury crypto ecosystem announced a great Cryptodrop. The prize pool of...
Nigerian Startup Zone Launches Blockchain-Powered Point-of-Sale Gateway
A Nigerian payments company recently announced the launch of a blockchain-powered point-of-sale payment gateway. This gateway...
Dora Factory Announces Historic $DORA Airdrop to Over 1 Million ATOM Stakers in Largest MACI Voting Round Ever
Singapore, SIngapore, June 6th, 2024, Chainwire Dora Factory, the pioneering infrastructure of decentralized governance technology...
Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of...
FLOKI explodes to new all-time high; Is new memecoin KangaMoon next?
Floki price spiked more than 25% to hit a new all-time high. KangaMoon is a new memecoin project combining GameFi and SocialFi....
Tezos Activates 16th Upgrade ‘Paris’: Boosting Throughput and Performance
Tezos, a blockchain known for its onchain governance system, has activated its 16th protocol upgrade, Paris, on mainnet on June...
‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem
Singapore, Singapore, June 5th, 2024, Chainwire Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major...
US Lawmakers: Jailed Binance Executive, US Citizen, Wrongfully Detained by Nigeria
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government...
Stacks price soars amid spike in DeFi activity on Bitcoin L2
Stacks (STX) price soared 11% to hit highs of $2.40 as Bitcoin broke above $71k. STX has gained amid a surge in DeFi activity on...
FBI Warns of Crypto Scams in Fake Work-From-Home Jobs
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud...
Paxos launches Lift Dollar (USDL), a unique overnight yield generating stablecoin
The new Lift Dollar (USDL) stablecoin launched by Paxos offers daily yield from US government securities. The USDL stablecoin is...
New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel
Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the...
Polygon Labs acquires Toposware to advance ZK research
Polygon Labs acquires Toposware to advance ZK research in blockchain. Toposware brings expertise in ZK technology to Polygon’s...
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the...
New Coinbase Smart Contract Wallet eliminates gas fees and recovery phrases
Coinbase has launched a Smart Contract Wallet with simpler onboarding and no gas fees. The smart contract wallet supports Ethereum,...
Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum
On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the...
Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the...
IOTA has launched its L2 EVM network focusing on real-world asset usage
IOTA launches layer 2 EVM network, integrating real-world assets and boosting DeFi. The newly launched EVM network features smart...
Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding
Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex...
UAE central bank introduces licensing system for stablecoins
UAE central bank has approved new licensing for dirham-backed stablecoins. The licensing system is part of UAE’s broader Financial...
Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers
DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay...
BlastUP presale ends with over $8 million raised
BlastUP recently concluded its presale, raising more than $8 million. BlastUP’s impressive raise marks the first milestone for the...