Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a 2.4% decline between June 4 and June 11.This time, the move wasn’t driven by Bitcoin (BTC), as the leading cryptocurrency gained 0.8% during…
Peter Brandt: ‘Laser eyes’ to blame for Bitcoin correction — but it’s ‘very mild’ anyway
Bitcoin has corrected 17% so far but could have much further to go. 545 Total views 10 Total shares Veteran trader and chart guru Peter Brandt has made a cheeky correlation between the current Bitcoin market correction and the prevalence of ‘laser eyes’ on Twitter.In a tweet on April 18, the technical analyst tied the…
Lido DAO price moves higher as the Ethereum Merge moves a step closer to completion
The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transition from proof-of-work (PoW) to proof-of-stake (PoS). One protocol whose fate is largely tied to the successful completion of the Merge is Lido DAO (LDO), a liquid staking…
Ethereum ETF flows flip positive even as ETHE total outflows top $2B
Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
Web3 users reached an all-time high of 10M in Q2: DappRadar
The second quarter saw a record number of Web3 unique daily active wallets, but DappRadar cautioned the growth may be due to temporary airdrops.
Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said. 501 Total views 6 Total shares Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1…
Buterin and Winklevosses Address Twitter Censorship Battle
Ethereum creator, Vitalik Buterin, and Gemini exchange founders, Cameron and Tyler Winklevoss, expressed their opinions on recent efforts at social media censorship."I've talked before about the rise of corporations regulating governments but here we have Twitter soft-censoring the U.S. president on the grounds of incitement of violence," Buterin said in a May 29 tweet referencing…
El Salvador buys 21 Bitcoin to celebrate Dec. 21, 2021
Buying Bitcoin is becoming a way of celebrating different occasions or playing around with meaningful figures by El Salvador. 840 Total views 20 Total shares The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with President Nayib Bukele announcing a new purchase of 21 BTC on Tuesday.Worth around $1,036,000 at…