Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined

cointelegraph.com Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from…

Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’

cointelegraph.com bounced near multiple support trend lines into June 2 as market indecision remained in force. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows…

Bitcoin 'big move' due in July after March $30K push

cointelegraph.com “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns. In its latest market update on June 2, trading firm QCP Capital…

No More Crab: Bitcoin Poised For Explosive Move Above $30,000

newsbtc.com Bitcoin is recording minor profits on higher timeframes but has been unable to display significant price action. In this context, volatility is reaching a record low, but…

Machine learning algorithm sets SHIB price for June 30, 2023

finbold.com the second-biggest meme coin in the world, saw notable volatility in 2023. The coin soared drastically in February, recapturing the attention of the crypto community.…

Decoding the bears: Why Ethereum needs to reclaim $2k for bullish pump

finbold.com After its network fees returned to their normal levels, the price of Ethereum (ETH) has moved in a slightly upward fashion, but there is still a strong resistance level it…

Fed’s Predicament is Bitcoin’s Opportunity: Why New Highs Are Possible In 2023

bitcoinist.com Despite recording small profits over the past few days, Bitcoin has been unable to break above its current range. As the macroeconomic landscape changes, the number one…

Why Terra Luna Classic Price is Dropping? These New Tokens Pump

beincrypto.com has been plummeting since the start of 2023 and has dropped by 20% in the last month. Despite the launch of LUNC after LUNA crashed in 2022, this turbulent cryptocurrency…

Machine learning algorithm sets Bitcoin price for June 30, 2023

finbold.com is still trying to move closer to the psychologically important level of $28,000, the flagship decentralized finance (DeFi) asset is starting to show slightly positive…

Solana’s Retention Rate Lowest Among Ethereum, Polygon

watcher.guru Solana’s landscape continues to evolve. DEXs and NFT markets initially had the baton. However now, it seems like “emerging consumer applications” are on center stage.…

Introducing CoinChartist (VIP): Expert Crypto Insights, Custom Technical Tools, NFTs & More

bitcoinist.com In the always on and actively moving cryptocurrency market, staying ahead of the curve is paramount to success. For those seeking to gain an edge in crypto trading, look no…

Bitcoin price slips under $27K, but data shows BTC whales counter trading DXY strength

cointelegraph.com As the summer season arrives, an unexpected heatwave is gripping financial markets This heat is coming in the form of the US Dollar (DXY) which has been on a remarkable…

Last BTC price dip before a $30K breakout? Bitcoin wipes weekend gains

cointelegraph.com returned to a key focal point on June 1 as the monthly close delivered disappointment. Data from Cointelegraph Markets Pro and TradingView confirmed a lackluster end to May…

TD Cowen Closes Crypto Unit Just One Year After Launch

bitcoinist.com A Bloomberg report revealed that the American investment bank, TD Cowen, has shut down its crypto asset unit. According to the report, Cowen Digital will pack up by June 1,…

Shiba Inu Burn Frenzy: More Than 15 Billion Tokens Scorched In May

newsbtc.com The Shiba Inu community burnt over 15 billion SHIB tokens in May 2023, showing their commitment to reducing the circulating supply. The intention of such burns is to reduce…

Strike Back: Binance Denies 20% Staff Cut Allegations, Calls It ‘FUD’

bitcoinist.com As rumors swirl and speculation mounts, Binance, one of the world’s largest cryptocurrency exchanges, has forcefully denied allegations of a 20% staff cut. The exchange’s…

Ethereum Fees Plunge 69% From Yearly High, What This Means For ETH

newsbtc.com In a significant development for the Ethereum network, average transaction fees have witnessed a sharp decline. This plunge comes shortly after the Ethereum network recorded…

From cricket to crypto: AB de Villiers ventures into Web3

cointelegraph.com AB de Villiers is a household name in the world of cricket, renowned for his swashbuckling batting style and records in the shorter formats of the game. Perhaps less well…

XRP Community Voices Appreciation To Deaton For Defending Their Interests Against SEC

bitcoinist.com Pro-XRP lawyer John E. Deaton has been active in the long-running SEC lawsuit against blockchain firm Ripple and the US-based lawyer represents thousands of token holders as…

Car Rental Owner Arrested In Bali For Accepting Crypto Payments

newsbtc.com Bali police have arrested a car rental owner in the state for accepting payments in crypto assets. The arrest came after the state government warned against using…

This Crypto Pioneer Endorses Ethereum As Front-Runner For Global Crypto Adoption

bitcoinist.com Crypto Analyst Roger Ver, aka Bitcoin Jesus, believes that Ethereum will bring a new wave of users into cryptocurrency rather than Bitcoin. Bitcoin is the market leader for…

Bitcoin hodlers exited 'capitulation' above $20K, new metric hints

cointelegraph.com is in a “transition," which should pave the way to the next bull market top, new research has concluded. In the latest edition of its weekly newsletter, “The Week On-Chain,”…

Bitcoin risks ‘new lows’ into monthly close as BTC price retests $27K

cointelegraph.com tested $27,000 on May 31 as weakness prevailed into the monthly close. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to lose momentum…

Bybit Takes U-Turn: Canadian Market Abandoned Amid Regulatory Clash

bitcoinist.com In response to recent regulatory developments in Canada, cryptocurrency exchange Bybit has announced its decision to exit the Canadian market. Bybit joins the growing list…

Crypto Markets Turn Red as Bitcoin Dumps by $1K (Market Watch)

cryptopotato.com After charting a three-week high recently, BTC stalled at around $28,000 but dumped hard in the past several hours. The altcoins have also turned red, with ETH dropping…

China Poised To Benefit from Restrictive US Crypto Regulations, Warns Coinbase CEO

bitcoinist.com The CEO of Coinbase, Brian Armstrong, has raised concerns about the lack of regulatory clarity surrounding crypto in the United States and how it could benefit China. In a…

Remains Red Despite Surge In Network Ahead Of Halving

newsbtc.com As the countdown to Litecoin’s highly anticipated third mining reward halving begins, the cryptocurrency has witnessed a surge in network activity, indicating growing…

Bitcoin Decouples From Stocks As Fed Decision Looms

thedefiant.io After remaining elevated for most of 2022, Bitcoin’s correlation to equities has plummeted to 12%, a level not seen since mid-2021. BTC vs World Stocks James Butterfill,…

Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs

newsbtc.com A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events. The network’s…

Bitcoin price rejects at $28K as analysts eye CME futures gap dip

cointelegraph.com fell into the May 30 Wall Street open as the return of United States equities failed to boost performance. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…

NFT Market Update: Major Collections Suffer Price Slump in 2023

newsbtc.com The non-fungible token (NFT) industry has become a trending digital asset sector. The sector gained significant traction from investors worldwide over the past two years.…

Pro-XRP Lawyer Alleges Lack of Approval by SEC Ethics Office For Hinman’s Speech

bitcoinist.com Attorney John Deaton, known for his pro-XRP stance, has disclosed that the SEC’s Ethics Office did not approve William Hinman’s controversial speech. The former director of…

Downside Threat: These Two Crypto At Risk Of Crash Due To Unlocks

newsbtc.com The crypto market has shown signs of recovery over the last week, with top coins trending to the top of their range. However, the picture could turn red in the short term…

Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples

coindesk.com Decentralized GPU-based rendering solutions provider Render Network's native cryptocurrency RNDR has rallied in sync with technology stocks this month, defying the broader…

Traders Act Fast As Binance Australia Unveils Bitcoin Discount For Limited Period

newsbtc.com In an intriguing development for crypto traders, Binance Australia has introduced an exclusive Bitcoin discount, offering a unique opportunity for savvy investors. The…

Hong Kong’s Web3 Industry Unites For Crypto Hub Status Post China Web3 Whitepaper

bitcoinist.com Hong Kong’s Web3 industry has taken a significant leap forward in its pursuit of becoming a global crypto hub with the formation of two associations. The Hong Kong Licensed…

TradingView Integrates VERSE Token and Verse DEX, a Milestone in Verse Adoption

bitcoin.com TradingView, the globally renowned charting platform and social network for traders and investors, has announced the integration of $VERSE token and Verse DEX within its…

Is Bitcoin Headed For $34,000? Large Buyer’s Purchase May Signal Yes

newsbtc.com Bitcoin is finally seeing some green after trading at a loss over the past two weeks. The cryptocurrency continues to trade within a tight range, but activity in the options…

Bearish Sentiment Hits EOS As Bulls Lose Control, What Lies Ahead?

newsbtc.com EOS Network, a popular open-source blockchain platform prioritizing high performance and security, has recently witnessed a sharp price decline. The asset exhibits bearish…

USDT Market Dominance Spikes While USDC Dips Amid Economic Uncertainty

bitcoinist.com Stablecoins like Tether (USDT) and USD Coin (USDC) are usually steadier than other digital assets, especially those pegged to fiat currencies like the USD. These coins act…

Polkadot hodlers are underwater. A bullish scenario remains valid if the lows hold

coinjournal.net Polkadot hodlers are underwater A bullish scenario remains valid if the lows hold A move above $7 should lead to more gains It has been a tough period for long-term holders…

Bitcoin tries to invalidate a head and shoulders pattern

coinjournal.net Bitcoin fails to confirm a reversal pattern Bulls fight to invalidate a head and shoulders Friday’s jobs report might be key for Bitcoin and the US dollar After an explosive…

Bullish Run for Injective (INJ): Will the Momentum Continue?

newsbtc.com price has experienced an uptrend, resulting in price increases since yesterday, May 28. This trend indicates a positive sentiment among investors, with more buyers entering…

No All-Time High For Bitcoin In 2023, Former BitMEX Head Arthur Hayes Predicts

newsbtc.com In a recent podcast appearance, Arthur Hayes, the former head of BitMEX, delivered a sobering prediction about the largest cryptocurrency by market capitalization, Bitcoin…

Temasek Takes A Hit: FTX Investment Failure Triggers Pay Cuts For Singapore State Fund

bitcoinist.com Temasek Holdings, a prominent state investor in Singapore, has taken the decision to reduce the compensation of its investment team and senior management following the…

Dogecoin’s Chart Analysis Points to an Impending Volatility Explosion

watcher.guru Dogecoin is a popular meme coin that has inspired many other animal-themed cryptocurrencies. DOGE paved the path for the numerous cats and dogs that are flooding the meme…

Dogecoin Chart Pattern Suggests Volatility Explosion Ahead

coindesk.com the meme cryptocurrency known for its rapid price moves, has been unusually calm this year, underperforming market leaders bitcoin (BTC) and ether (ETH) by a significant…

Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes

coinspeaker.com Stablecoin Market Dominance Rises as USDC Declines amid Global Economic Woes The tendency of global policymakers to print money out of thin air, raising the overall…

Ethereum’s Block Size Surges To 1-Month High

newsbtc.com Ethereum, the world’s second-largest cryptocurrency by market capitalization, has witnessed a significant surge in its mean block size, reaching a new 1-month high. This…

Long Dormant $14.7 Million Ethereum ICO Wallet Surfaces After Eight-Year Slumber

bitcoinist.com In an unexpected turn of events, a once-dormant wallet from the Ethereum initial coin offering (ICO) in 2015 has sprung to life, causing ripples in the crypto community. The…

Shiba Inu Network Records 2,538 New Addresses In A Day, Surpassing 3-Month Record

newsbtc.com the popular meme-inspired cryptocurrency, has witnessed a remarkable surge in network activity as it recently recorded an unprecedented number of new addresses. According to…

Continues Downward Trend As Bears Maintain Control

newsbtc.com The crypto market once again experienced a sell-off this week, leading to a plunge in the price of many crypto assets. The impact of this market downturn is not limited to…

Ethereum Whales On The Rise, Acquires Over $9 Billion ETH In 2023

bitcoinist.com The Ethereum ecosystem has been witnessing a fascinating trend in recent times, as the number of Ethereum whales continues to rise. These astute investors, known for holding…

Shiba Inu Burn Rate Surges 1500% In 24 Hours, Yet Price Continues To Struggle In Red

newsbtc.com token appears to be getting rivaled by another currently hyped meme coin called PEPE, the latest update shows SHIB still has a strong community devoted to its growth. In the…

Whales Flock to XRP, Accumulating 52 Million Tokens In Just 3 Weeks

newsbtc.com In the world of crypto, the actions of large investors, known as whales, can often provide valuable insights into the market sentiment surrounding a particular digital…