Author: CryptooTimes
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Today’s edition of the weekly recap covers a range of significant events: the crypto market faces sharp declines; Bitcoin and Ethereum ETFs experience notable activity; regulatory actions intensify globally; major expansion efforts highlight the sector’s growth ambitions; and key insights from the Money 20/20 conference. Last week, the markets faced volatility. Binance Coin (BNB) hit a new all-time high above $711 following sustained upswings. The significant price movement was driven by increased trading volume and interest. Bitcoin reached the $69,000 mark following a series of large investments. The continued interest and significant capital inflows from institutional investors partly triggered this…
The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science. Source link
“Following an extensive review of the rigorous controls and processes that Binance put into place, Mastercard made the decision to allow Binance-related purchases on its network,” a Binance spokesperson said via email. “We look forward to adding support for further products, such as withdrawals, at a later date.” Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PEPE is poised for a new ATH. Meanwhile, BNB’s recent surge fuels a shift to Raboo, whose presale has raised $1.6 million. PEPE is one of the top cryptocurrency projects in the memecoin space. Following its tremendous price rally in 2024, experts expect a PEPE ATH anytime soon. On the other hand, the BNB price had a boost in the last month, creating funds for a shift to Raboo. Raboo is the latest memecoin whose presale is doing the…
“You are either building capitalism or planned socialism,” said Wintermute CEO Evgeny Gaevoy, pointing the finger at Vitalik Buterin, Hayden Adams and the wider Ethereum community. Source link
Bitcoin fluctuated around $71,000 throughout the Asian and European mornings, following its rally earlier this week. BTC’s price is little changed over 24 hours, trading in a range of $70,900-$71,100 for much of the morning in Europe, an increase of around 0.1%. Elsewhere, the broader digital asset market, as measured by the CoinDesk 20 Index (CD20) is similarly unmoved, up about 0.25% at the time of writing. Among the crypto majors, only ether is showing a change in excess of 1%. ETH is priced at just under $3,850, a rise of around 1.25% in the last 24 hours. Source link
In the last 24 hours, the crypto market lost more than $96 billion as major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), faced corrections. Bitcoin, the leading cryptocurrency, saw a sharp drop to an intraday low of $68,507. At the time of going to press, the cryptocurrency was priced at $69,321 — a 2.57% dip from the previous 24 hours. Additionally, Bitcoin’s 24-hour trading volume went down by more than 4% to $28.1 billion. The correction came on the back of Bitcoin hitting a multi-week high of $72,000 on June 7, after staying above $70,000 for several days. Bitcoin 24-hour…
Initially introduced in March, the proposal gained official approval on June 7, with a majority of over 75% of votes in favor. Source link
“McKinsey estimated that by 2030 the metaverse could add $5 trillion to the global economy,” Yat Siu, co-founder of Animoca Brands, said. “Today, games like Minecraft and Roblox are some of the most popular titles in the world, but they do not provide their users with digital property rights. The Sandbox represents the evolution of UGC games for the age of digital ownership.” Source link
