Altcoins ‘hardly sold off’ as Fed casts doubt over future rate cuts
Federal Reserve Chair Jerome Powell says there’s “no need to hurry” on rate cuts — but this didn’t trigger much of a crypto sell-off, leading to one analyst to call a market bottom.
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Blockchain interoperability will accelerate institutional success
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Bitcoin sees new $90K BTC price target as 3% dip sparks liquidations
Bitcoin traders face unnerving conditions as BTC price action reaches ever lower levels after failing to crack the $100,000 milestone.

Ethereum spot ETFs could attract $15B by end of 2025 — Bitwise CIO
The launch of spot Ethereum ETFs could trigger massive capital inflows into the market, according to Bitwise CIO Matt Hougan.

Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings
At least two investment firms have made new filings for spot Bitcoin exchange-traded funds (ETF) following investment colossus BlackRock’s move to lodge a similar application for its own spot Bitcoin ETF on June 15. New York-based asset management fund WisdomTree is the most recent investment firm to lodge a new filing for a spot Bitcoin ETF.…

‘Pointless but incredible’— New electric car mines crypto while it’s parked
Canadian light electric vehicle manufacturer Daymak has announced an upcoming electric car that can mine Bitcoin, Ethereum, and Doge — when it’s charging or parked.According to the firm’s June 1 announcement, The “Spiritus” electric car is set to roll out in 2023 and will come fitted with “an industry-leading GPU in mining price-to-profit.” However, details…

Traders know not to ‘go long’ when this classic trading pattern shows up
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend.A “descending channel,” also known as a “bearish…

Bloomberg: ‘Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance’
According to Bloomberg, the narrowest ever bollinger bands suggest that Bitcoin is consolidating for a major breakout. 2867 Total views 31 Total shares Bloomberg remains optimistic about Bitcoin (BTC) as long as it stays above a key resistance level.Bitcoin Bollinger Bands. Source: BloombergThe latest report by Bloomberg analyst, Mike McGlone, contends that Bitcoin is consolidating.…

Tyler Winklevoss donates $500K to John Deaton's campaign
The tech entrepreneur characterized incumbent Elizabeth Warren's regulatory power over the Biden administration as a "Faustian bargain."