June 2023 | Page 3 of 214 | Last Cryptocurrency News Feed

South Korean crypto lending firm Delio under investigation by regulators

The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month. According to a report by local news outlet Digital Asset, South Korean crypto lending firm Delio is currently under investigation by the country's Financial Services Commission (FSC) as of June 30. The Commission alleges fraud,…

Cryptocurrency News Feeds

Which Low Market Cap Crypto Might Have Upside Potential: Why Big Eyes Coin, RenQ Finance Failed

One issue facing many new cryptocurrency projects in 2023 is that they set a large hard cap target for their presale fundraising stage, then launched with a high market capitalization by the time of their IEO or IDO. Crypto presales that have several price stages of incentivizing early buyers with a discount also add to…

Cryptocurrency News Feeds

How Much Money Does it Take to ‘Moon’ Bitcoin? Analysis

The resurgence of institutional interest in Bitcoin this month has investors and analysts pondering just how high its price could go within the next two years – especially with the ‘halving’ just around the corner. Here’s what analysts have to say regarding Bitcoin’s price cycles and what kind of money it would take to send…

CoinDesk Feed

How Much Is Too Much to Spend on FTX’s Bankruptcy?

The legal fees for FTX’s bankruptcy process have already topped $200 million, a cost that is likely to grow.One activist FTX victim is raising questions about those extraordinary costs, which pay for restructuring the allegedly fraudulent crypto exchange, and recovering victim’s funds from a dizzying array of recipients. Those costs are undeniably out of the…

CoinDesk Feed

Sudden Crypto Volatility Spurs $216M in Losses, Liquidating Both Long and Short Positions

Quick swings in cryptocurrency prices on Friday wiped out traders of both long and short positions, totaling $216 million of losses in liquidations over the past 24 hours, CoinGlass data shows.Bitcoin (BTC) rose above $31,200 early Friday, before quickly plunging to as low as $29,470, CoinDesk Indices data shows, as traders reacted to the news…

CoinDesk Feed

Will Europe’s Digital Euro Really Protect Privacy?

Someone needs to remind the European Commission that it can’t have its cake and eat it too.An EC proposal this week for regulating a future central bank digital currency (CBDC) insisted that it must “protect privacy,” describing a system of NFC chip-based offline payments in which “nobody would be able to see what people are…

Cointelegraph Feed

Crypto mass adoption is coming, but how fast?

The latest Cointelegraph Report assesses the current growth rate of global cryptocurrency usage and tries to predict when crypto will reach mass adoption. Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve:…

Cointelegraph Feed

Don’t be naive — BlackRock’s ETF won’t be bullish for Bitcoin

There is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say. It could bring Bitcoin exposure to the masses, they holler. While there might be some truth in these…

Cryptocurrency News Feeds

OKX Named Official Sleeve Partner of Manchester City in Expansion of Partnership

[PRESS RELEASE – Manchester, UK, June 30th, 2023] Manchester City and OKX, one of the leading crypto exchanges by trading volume and a leading Web3 technology company, today announced OKX as the Club’s Official Sleeve Partner in a new multi-year agreement. As part of the expanded deal, the OKX brand will feature on the left…

Cryptocurrency News Feeds

MicroStrategy Buys More BTC but Bitcoin Wobbles Around $30K Amid SEC-ETF Rejection Rumors: This Week’s Crypto Recap

A lot can change in the cryptocurrency industry within a week, and the waves indeed fluctuated in the past seven days. The market rejoiced recently as several multinational financial giants filed for a Bitcoin Spot ETF, but the tides could be turning now, according to a WSJ report from Friday. Let’s unpack. BlackRock shook the…