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Bitcoin Spot ETFs Continue to See Massive Outflows as Bears Dominate Market

Bitcoin spot ETFs have been experiencing significant net outflows, with the trend continuing for seven consecutive days.

, by Ruholamin Haqshanas

Bitcoin Miner Hut 8 Receives $150M to Build AI Infrastructure

Bitcoin mining firm Hut 8 said it will receive $150 million through convertible notes from Coatue Management, with plans to use the funding to build an artificial intelligence infrastructure platform. The investment will be used to address a critical gap in the market: the surging demand for AI...

, by Tanzeel Akhtar

Bonk Price Prediction as BONK Drops 10% Overnight – Are Whales Selling Their Bags?

Bonk (BONK), a Solana-based memecoin, stands out with a market cap of $2 billion and a total value locked (TVL) exceeding $416 million. As BONK experiences a sharp decline, questions arise about the potential reasons behind the sell-off and what it means for future price...

, by Arslan Butt

Biden Administration Reinstates Carole House as Crypto Policy Adviser

The White House has decided to rehire cybersecurity expert Carole House, signaling the Biden Administration's renewed interest in crypto policy. House earlier played a pivotal role in advising Joe Biden on his 2022 executive order focused on cryptocurrencies. In a June 24 LinkedIn post, House...

, by Shalini Nagarajan

UK Young Adults See Crypto As Vital Electoral Concern

Ahead of the upcoming General Election, a survey has revealed that more than 33% of young adults in the UK consider crypto to be a significant electoral issue. Zumo conducted the research in collaboration with Focaldata. It found that 34% of individuals aged 18-24 and 25-34 believe that...

, by Shalini Nagarajan

Fears of Mass Altcoin Delistings Spread in South Korea

Fears are growing that South Korean crypto exchanges will begin altcoin delisting this year at the request of the financial authorities. Per a report from Business Post, there is a real danger that altcoins will be “delisted one after the other” in the coming weeks. Altcoin...

Fire at South Korean Crypto Mining Center Destroys 110 Rigs

A fire at a South Korean crypto mining center destroyed “about 110” mining rigs, firefighters confirmed on June 24. Per MBC News and JTBC, only 30 of the rigs were operating when the fire broke out. What Caused Fire at South Korean Crypto Mining Center? Police and fire service...

Riot Nominates Three Independent Directors to Bitfarms Board Amid Takeover Effort

Riot Platforms officially requisitioned a special June 24 meeting of shareholders of Bitfarms, a leading crypto mining company specializing in Bitcoin (BTC). The initiative is intended to replace the current Bitfarms Board of Directors, which Riot alleges has failed in its corporate governance...

, by Hassan Shittu

Tether Halts USDT Issuance on EOS and Algorand Blockchains

Tether announced its decision to immediately discontinue support for the EOS and Algorand blockchain implementations of USDT on June 24.Tether's blog post emphasized the decision was part of the company's ongoing commitment to maintaining a robust blockchain ecosystem while focusing resources on...

, by Hassan Shittu

Meme Coin Round Up – Hit Hard By the Recent Crypto Market Drop

The meme coin market has been hit hard by the recent crypto market crash, with major players experiencing big losses over the past few days.

, by Hassan Shittu

XRP Price Prediction as $0.50 Support Level Breaks Down – More Selling Coming?

XRP price prediction is in focus as the $0.50 support level breaks down, raising concerns about potential further selling. Over the past 24 hours, massive transfers involving over 70 million XRP tokens have taken place, sparking questions about their purpose and impact on the market. With...

, by Arslan Butt

TON Blockchain Faces Increasing Phishing Attacks: SlowMist

TON blockchain faces growing phishing threats, leaving millions vulnerable to fraud, as SlowMist warns of escalating attacks.

‘Meme Coins Will Come Back’ – Millionaire Trader Predicts Multi-Billion Dollar Crypto Price Crash

Crypto meme coins will make a comeback after the market is finished correcting in the short term, says Andrew Kang.

, by Andrew Throuvalas

Jason Derulo Faces Backlash Over Meme Coin Promotion Amid Rug Pull Allegations

Pop icon Jason Derulo is embroiled in controversy after promoting a meme coin, JASON, that plummeted in value shortly after its release. Known for his musical performances, Derulo's involvement in the volatile meme coin market has initiated a broader debate about celebrity endorsements in...

, by Hassan Shittu

Crypto Exchange Listing and Delisting Announcements: June 24, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.Have we missed something? Do you have information about new listings and/or delistings? Let us know...

, by Mao Orillana

Breaking: Jump Crypto President Kanav Kariya Stepping Down Amid CFTC Probe

Jump Crypto President Kanav Kariya announced in a June 24 X post that he is stepping down from his position at the Chicago-based company. News of his resignation comes just days after a Fortune report unveiled that the Commodity Futures Trading Commission (CFTC) has launched a probe into the trading firm.

, by Julia Smith

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