Bitcoin price fell below $60,000 this week and touched its lowest degree since October 2024 as merchants deserted expectations for interest-rate cuts and started making ready for the Federal Reserve to boost borrowing prices later this yr. According to CryptoSlate’s information, the most important digital asset dropped greater than 4% within the final 24 hours…
Brazil, Morocco, Canada, Bosnia and Herzegovina, and South Africa grew to become the most recent groups to qualify for the World Cup Round of 32 yesterday. They will be a part of Argentina, Colombia, France, Norway, Germany, the Netherlands, Mexico, and the USA within the knockout stage of the match. Prediction markets give Germany a…
GoMining has mined the primary recognized Bitcoin block produced utilizing the Stratum V2 protocol in collaboration with the DMND bitcoin mining pool, marking an indication of miner-controlled block creation in a reside mining surroundings. The block was produced utilizing Stratum V2’s Job Declaration performance by means of the DMND pool, enabling GoMining to assemble and…
Magic Internet Money has slipped from its greenback peg once more, placing Abracadabra liquidity and Curve pool stability again beneath stress. TL;DR MIM has traded under its meant $1 peg throughout renewed liquidity stress. Curve pool knowledge is central to judging the dimensions of the imbalance. The episode revives considerations round smaller stablecoins and DeFi…
Jiang Zhuoer, co-founder of BTC.TOP mining pool, on June 25 printed a long-term prediction for Bitcoin (BTC), saying it might backside between $42,000 and $44,000 someday within the October-to-December 2026 window. Jiang made the decision whereas the OG cryptocurrency was buying and selling close to $62,000, down about 51% from its all-time high above $126,000,…
Bitcoin value is sitting at $61,000, after the bounce was rejected at slightly below $63K, whereas its prediction is getting bearish. But that’s not the worst, a $10 billion choices expiry on Deribit lands inside hours of the U.S. May PCE print. The Deribit occasion accounts 37% of complete Bitcoin choices open curiosity, a quarterly…
Blockchain analytics agency TRM Labs traced $3.84 billion in flows from wallets linked to greater than 60 sanctioned Iranian entities by way of CoinEx since 2019, figuring out the alternate as the first exterior conduit for Iran-linked capital transferring into world crypto markets. Of that complete, $2.7 billion flowed particularly between CoinEx and Nobitex, Iran’s…
Bitcoin’s drop towards the $59,000 space triggered a recent leverage flush, with CoinGlass information exhibiting heavy futures liquidations throughout the crypto market. TL;DR Bitcoin briefly pushed beneath the intently watched $60,000 stage. CoinGlass information confirmed crypto liquidations swelling above $1 billion in the course of the transfer. The flush retains consideration on leverage, ETF flows…
Asia Bitcoin firm, Bitplanet, is making an attempt to transform its Bitcoin treasury from a balance-sheet place right into a supply of mined BTC income. The South Korean firm stated in a June 24 release that it signed a strategic memorandum of understanding with Nasdaq-listed Antalpha and mining ecosystem companions. Under the MOU, Bitplanet plans…
AAVE’s rally towards a weaker Bitcoin tape suggests merchants are nonetheless rewarding DeFi names tied to institutional lending and real-world asset narratives. TL;DR AAVE outperformed whereas Bitcoin traded below strain. The transfer adopted renewed consideration on Standard Chartered’s DeFi and RWA thesis. Traders are watching whether or not protocol income can assist stronger DeFi valuations….