Latest Crypto News
Bitcoin’s Double-Top Formation Threatens Scope of Uptrend: $50K Plunge in Offing?
As earlier attempts to reclaim its ATH have been thwarted by sellers, bitcoin is now at a risk of steeper declines.
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Hermetic Labs Launches Blockchain Consulting Services
[PRESS RELEASE – Dubai, UAE, June 24th, 2024] Hermetic Labs, a consulting firm specializing in blockchain technology, announced its official launch under the leadership of Milana Valmont. The firm aims to assist individuals and organizations in navig...
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iRA Blocks Unveils Vision to Democratize Real-World Asset Investment
[PRESS RELEASE – Singapore, Singapore, June 24th, 2024] In an industry where traditional barriers often exclude the average investor from high-value assets, iRA Blocks emerges as a game-changer, leveraging blockchain to bring real-world assets within...
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$70B Worth Coatue Invests $150M In Hut 8, Beting On AI In Bitcoin And Crypto Mining
Key Points Coatue Management worth about $70 billion bets on AI for Bitcoin and crypto mining. The firm invested $150 million in Hut 8 via a convertible note. According to the latest reports coming from Bloomberg, Coatue Management is the latest firm...
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Bitcoin ETFs Experience $544M Outflow, Signals ‘Real Correction’ According to CoinShares
Key Points Bitcoin ETFs experienced a significant outflow of $544.1 million last week, indicating a possible market correction. Despite negative sentiment, altcoin investment products, such as Solana, Litecoin and Polygon, saw net inflows. Spot Bitco...
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Korea Institute of Finance warns spot crypto ETFs can harm local economy
The Korea Institute of Finance has flagged the risks sport Bitcoin ETFs pose to the nation’s economy. According to a report penned by researcher Bo-mi Lee, while spot crypto exchange-traded funds (ETFs) can offer institutional security for investors ...
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Farcana (FAR) plunges 60% amid reports of hacked wallet
In a now-deleted X post, blockchain game Farcana said that one of its crypto wallets “has been compromised,” triggering a 60% plunge for FAR. Farcana, a blockchain-based shooter game with tournaments, seems to have suffered a significant security bre...
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Mt. Gox to begin $9 billion repayment plan in July
Mt. Gox's rehabilitation trustee has announced plans to begin Bitcoin and Bitcoin Cash repayments to creditors in July. The post Mt. Gox to begin $9 billion repayment plan in July appeared first on Crypto Briefing.
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Investors withdraw $1.2 billion from crypto funds as Fed rate cut hopes diminish
Investors withdraw $1.2 billion from crypto funds, with the US leading the outflows and altcoins like Solana seeing renewed interest. The post Investors withdraw $1.2 billion from crypto funds as Fed rate cut hopes diminish appeared first on Crypto B...
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