SOL, AVAX, SUI and NEAR advance as Bitcoin price trades in the $90K zone

Monday, June 17 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) passed the $9,300 mark again.Market visualization courtesy of Coin360Bitcoin is currently up about 2.69% on the day, trading around $9,341 at press time, according to Coin360. Looking at its weekly chart, the…

The regulator’s examination will assess whether the collaboration constitutes an “acquisition of control,” implying substantial influence of one party over another. 593 Total views 34 Total shares The UK’s antitrust regulator is considering initiating a merger investigation into Microsoft’s multi-billion dollar collaboration with OpenAI. This announcement resulted in a response from Microsoft, declaring that it

While the price of Bitcoin rose above $63,000 during the launch of ProShares' Bitcoin Strategy ETF, it dipped under the price level today to hit the $61,000s. 223 Total views 24 Total shares The second Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the Nasdaq, opening at a price of $25.52…

One early cryptocurrency entrepeneur thinks Elon Musk lacks moral consistency when it comes to his management of Bitcoin. 910 Total views 6 Total shares The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon Musk, after the Tesla CEO announced the electric car…

mStable has launched its savings account, stablecoin, and swap services on Polygon to reduce fees. 4757 Total views 20 Total shares Defi-yield protocol mStable has become the latest to embrace second-layer scaling solutions, announcing its deployment on Polygon (formerly known as Matic) today. mStable’s interest-generating savings account, two of its “risk minimized meta-stablecoins,” and asset swapping…

Ashley Alder said the FCA would help “chart the U.K.’s post-Brexit future as a global financial centre, which continues to support innovation and competition." 255 Total views 14 Total shares Ashley Alder, the CEO of Hong Kong’s Securities and Futures Commission, will become the next chair of the United Kingdom’s Financial Conduct Authority.In a Friday…

On Monday, an attacker minted $200 million worth of GALA tokens but managed to sell only a portion of them. It’s just been returned.

Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term. 322 Total views 1 Total shares Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities…

Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry's self-regulatory organization.