Author: CryptooTimes
“Bitcoin selling pressure is unlikely to decrease in the coming days,” said Rachel Lin, founder at on-chain crypto exchange SynFutures, in an interview. “The German government still has over $2.3 billion worth of Bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion.
Telegram founder Pavel Durov supported the Hamster Kombat clicker game and announced the imminent release of the project’s token on the TON blockchain. Durov says a new era is coming, the advent of which “we are witnessing its arrival in real-time.” However, He did not name the exact date of release of the Hamster Kombat token on TON or specify its ticker. “Soon, Hamster’s team will mint its token on TON, introducing the benefits of blockchain to hundreds of millions of people. A new era is arriving, and we are witnessing its arrival in real time.” Pavel Durov, Telegram founder…
BTC selling volumes generated by nation states are a drop in the ocean this bull market, argues CryptoQuant’s Ki Young Ju.
While the headline 206,000 jobs added topped forecasts, other data suggests some weakness. May’s job gain was revised down to 218,000 from 272,000. In addition April’s originally reported job gain of 165,000 was revised down to 108,000. Taking the three months together shows an average job gain of 177,000 versus 249,000 for the prior quarter.
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The internet is a core pillar of the modern information order, yet an estimated two billion people are still without access. It may be because it is not commercially viable for traditional telecom operators to bring internet services to certain remote geographical regions despite the fact that: Money is tokenized by 134 countries, representing 98% of global GDP, continuing to explore the implementation of central bank digital currency (CBDC). This may not include the United States since…
Bitfinex intends to refund all investors but is firstly awaiting a potential new offer from the debt issuer to keep the project alive.
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A new report indicates that the Bankman-Fried family was involved in Sam’s political spending. The fallout from the collapse of the crypto exchange FTX continues to deepen, with new allegations surfacing about a $100 million political donation scheme orchestrated by its founder, Sam Bankman-Fried (SBF), and his family. The Wall Street Journal reported on undisclosed emails that detail and allege serious involvement of SBF’s family in managing and directing these funds. The funds were allegedly misappropriated from FTX customer assets and accounts. Joe Bankman’s involvment The emails reveal that Sam’s father, Joe Bankman, played a significant role in advising financial strategies…
Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.
“Prediction markets have long been sought as a prime use case for blockchains,” wrote Zack Pokorny, an analyst at Galaxy Digital, in a research note Friday. “Their censor/tamper resistant, transparent, and global nature makes them well suited for the task, as they allow for the unfiltered casting of opinion on any topic from anyone, anywhere.”
