Ethereum ICO whale deposits 48.5K ETH at 1,024,416% profit
The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion.
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Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association claimed the U.S. Treasury overstepped its authority in proposing crypto tax rules difficult or impossible to follow by many in the space. 102 Total views 1 Total shares The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations proposed by the Internal

GameStop rises 18% after hours on reports it’s considering investing in Bitcoin
An unofficial GameStop Solana-based memecoin also saw a huge surge following speculation the retailer is considering adding crypto to its balance sheets.

Hodler’s Digest, June 10–16: Top Stories, Price Movements, Quotes and FUD of the Week Top Stories This Week
CCN casts doubt on shutdown plans as Google appears to correct visibilityCryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier this week. The outlet had previously posted a note that a recent Google Core Update had led to a more than 70% visibility drop on mobile…

Central African Republic president launches crypto initiative following Bitcoin adoption
The Sango project’s plans include building a "legal crypto hub," expanding the adoption of Bitcoin, and creating a “crypto island” — a special economic zone in the metaverse. 852 Total views 7 Total shares Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the…

Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K
Bitcoin remains attractive for seasoned hodlers, as $50,000 now becomes the point at which confidence could turn to anxiety. 2329 Total views 23 Total shares Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers keen at $53,000Data from Cointelegraph…

Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.

CME: Open Interest in Bitcoin Futures Contracts Hit All-Time High
The Chicago Mercantile Exchange (CME) Group has released data showing that open interest in Bitcoin futures is rising, as per an official Twitter post on June 18.Interest in BTC futures over time: https://twitter.com/CMEGroup/status/1141015074062110721According to CME, bitcoin (BTC) open interest spiked on June 17 with an all-time high of 5,311 contracts totalling 26,555 BTC, or approximately…

3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL
Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow investors to participate in the ever-growing number of protocols that offer high yield staking pools and they ease the process of transacting without needing to use a centralized exchange. One project that has seen a…