Hong Kong crypto exchange license applications cost less than expected: Report
All unlicensed crypto exchanges have been kicked out of Hong Kong. Go to Source
Crypto
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Australia’s First Spot Bitcoin ETF Launching Tomorrow
Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin ETFs or offshore options, which did not offer the same investor protections established … Read more
Binance co-founder denies responsibility for $1M trading loss in hacked account
The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information. Go to Source
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has decreased by at least 74 EH/s over the past week. Bitcoin Network Hashrate Declines Sharply After Brief Uptick … Read more
Blockchain Sleuth Zackxbt Called out Floyd Mayweather on Token Scams
Blockchain sleuth Zackxbt called out former boxing world champion Floyd “Money” Mayweather about his fraudulent token activities. Answering a now-deleted post on X where Mayweather promoted a Solana address for his token, Zackxbt asked if the boxer deserved a 13th chance, given the numerous failed and disappeared projects he had promoted before. Zackxbt stressed that … Read more
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty to Ordinal: Bitcoin NFTs Hit $3.82 Billion in Sales In the first week of … Read more
Ethereum Technical Analysis: Bulls Face Critical Resistance at $3,900
Ethereum’s price over the past hour has been $3,785 to $3,816, showing an intraday range between $3,746 and $3,837 in the last 24 hours. The crypto’s market capitalization today stands at $458 billion, with a 24-hour trade volume of $10.75 billion. Ethereum On the 1-hour chart, ethereum demonstrates strong support at $3,750 and resistance at … Read more
Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K
Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion, indicating robust market activity. The market capitalization of bitcoin remains strong at $1.36 trillion. Bitcoin Bitcoin’s daily chart highlights a major uptrend starting in early … Read more
Elizabeth Warren: Crypto Prominent in the Global Fentanyl Trade Over the Last Decade
Two U.S. Senators, Elizabeth Warren and Bill Cassidy, have asked the Biden adminstration to furnish them with updates on what the U.S. government is doing to curb the use of crypto in fentanyl trafficking. According to Warren and Cassidy, decentralized crypto exchange platforms are enabling the trafficking of Chinese-supplied fentanyl precursors. U.S. Senators Link Crypto … Read more
Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a Satoshi
Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of the Nigerian naira under a satoshi. Mexican Billionaire Ricardo … Read more