One community member praised the bot, saying that “profit is profit,” while another said that the event highlights how bad the bear market is.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Here's what Nigeria's naira float means for its crypto market
This reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets.
US prosecutors say SBF will be tried on original 8 criminal charges — for now
DoJ lawyers said the decision came following litigation filed by the FTX co-founder in the Bahamas protesting the additional charges, which could be lengthy.
'Pick your targets’ — Bitcoin analyst believes Fed will favor bulls
Fed Chair Jerome Powell was "all bark, no bite" with his hawkish comments which sent BTC price action below $25,000, says Material Indicators' Keith Alan.
‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls
Bitcoin (BTC) stayed below $25,000 on June 15 after a snap reaction to United States economic policy changes saw three-month lows.
BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewHawkish Powell “all bark, no bite”
Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it consolidated after the prior day’s losses totaled over 3%.
The U.S. Federal Reserve had delivered an expected pause in interest rate hikes — its first since 2021 — while keeping the mood hawkish. Fed chair Jerome Powell suggested that fresh hikes may be necessary in the future to tame inflation.
“As I noted earlier, nearly all committee participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year,” he said at a press conference, referencing the views of the Federal Open Market Committee (FOMC).
“But at this meeting, considering how far and how fast we have moved, we judged it prudent to hold the target range steady to allow the committee to assess additional information and its implications for monetary policy.”
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively.
Hong Kong govt pressures banking giants to accept crypto clients: Report
Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients.
Voyager app set to reopen for customer withdrawals as soon as June 20
Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal.
AI automation could take over 50% of today’s work activity by 2045: McKinsey
Management consulting firm McKinsey & Co believes AI will have the “biggest impact” on high-wage workers.
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening.
Pro-Bitcoin Florida man Francis Suarez enters presidential race
Miami Mayor Francis Suarez signed paperwork on June 14 signaling his intention to run for the United States presidency.
Pro-Bitcoin Florida man Francis Suarez enters presidential race
Miami Mayor Francis Suarez signed paperwork on June 14 signaling his intention to run for the United States presidency.
Bitcoin dips below $25K for the first time in 3 months
The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates.
Bitcoin dips below $25K for the first time in 3 months
The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates.
French financial markets ombudsman reports jump in crypto-related mediations
The Autorité des marchés financiers ombudsman saw mediation requests rise by almost a quarter in a year; the number of digital asset service providers more than doubled in that time.
Aave proposal to freeze alleged Curve founder's loans draws controversy
The proposal suggests that a cap should be imposed on the use of CRV as collateral, preventing this wallet address from adding more loans.
Requiring DEXes to register with SEC like other exchanges is 'impossible', says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules," said Paul Grewal.
DeFi options platform uses social logins, margin trading to draw in liquidity
Developers claim Synquote handled one single trade of over $1 million of notional volume with no detectable slippage in its beta period.
DeFi options platform uses social logins, margin trading to draw in liquidity
Developers claim Synquote handled one single trade of over $1 million of notional volume with no detectable slippage in its beta period.
Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price drop to $25,000 is possible.