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Former president of the New York Stock Exchange joins Uniswap Labs as an adviser

Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3.

Ankr partners with Optimism to provide a fast and reliable RPC service for users

Ankr also said that it will incentivize independent Optimism node operators to add their nodes to the load balancer in return for ANKR tokens.

Ankr partners with Optimism to provide a fast and reliable RPC service for users

Ankr also said that it will incentivize independent Optimism node operators to add their nodes to the load balancer in return for ANKR tokens.

US House Ways and Means chairman asks the GAO to check out crypto in retirement plans

It will look at the use and oversight of crypto in 401(k) and similar plans, which is controversial in many parts of the government.

Vitalik Buterin shares his thoughts on non-financial use-cases for blockchain

Essential goals like “trust and censorship resistance” can be aided by distributed ledger technology, said Buterin.

Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?

Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers.

Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?

Bitcoin (BTC) has been unable to restore the $24,000 support since Celsius, a popular staking and lending platform, paused withdrawals from its platform on June 13. A growing number of users believe Celsius mismanaged its funds following the collapse of the Anchor Protocol on the Terra (LUNA; now LUNC) ecosystem and rumors of its insolvency continue to circulate.

An even larger issue emerged on June 14 after crypto venture capital firm Three Arrows Capital (3AC) reportedly lost $31.4 million through trading on Bitfinex. Furthermore, 3AC was a known investor in Terra, which experienced a 100% crash in late May.

Unconfirmed reports that 3AC faced liquidations totaling hundreds of millions from multiple positions agitated the market in the early hours of June 15, causing Bitcoin to trade at $20,060, its lowest level since Dec. 15, 2020.

Let’s take a look at current derivatives metrics to understand whether June 15’s bearish trend reflects top traders' sentiment.

Margin markets deleveraged after a brief spike in longs

Margin trading allows investors to borrow cryptocurrency and leverage their trading position to potentially increase returns. For example, one can buy cryptocurrencies by borrowing Tether (USDT) to enlarge exposure.

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MetaMask warns of security vulnerability from older versions of popular crypto wallet

"Ultimately, we've learned that our password encryption feature's security was partially undermined by browser behavior," said the team at MetaMask.

ECB may cap digital euro at 1.5T tokens — Executive board member

"Keeping total digital euro holdings between one trillion and one and a half trillion euro would avoid negative effects for the financial system,” said Fabio Panetta.

Bitcoin trading: Momentum strategies with different moving averages

The 20-Day moving average strategy provided good returns in 2018 and 2019, while the 50-Day MA strategy did better in 2021 and 2022.

Nifty Newsletter: Mastercard to enable direct NFT purchase, NFT floor prices collapse and more

Last week, Apocalyptic Apes founder Bill Starkov told Cointelegraph that NFT holders can earn millions by licensing their NFTs.

Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB

BTC and select altcoins notched small gains after the Federal Reserve rolled out a 75 basis point rate hike, but technical analysis suggests that further downside is the most realistic outcome.

Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB

BTC and select altcoins notched small gains after the Federal Reserve rolled out a 75 basis point rate hike, but technical analysis suggests that further downside is the most realistic outcome.

Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB

Bitcoin (BTC) plummeted close to the crucial support of $20,000 as traders panicked and dumped their holdings, fearing an aggressive rate hike by the United States Federal Reserve on June 15. Another reason for the sell-off could be fears of possible contagion if lending platform Celsius and crypto venture capital firm Three Arrows Capital (3AC) go belly up.

Data from on-chain analytics platform CryptoQuant showed 24-hour exchange inflows of 59,376 Bitcoin on June 14, the highest inflows since November 30, 2018. The Bitcoin miners also joined other investors in sending Bitcoin to the exchanges. The Bitcoin Miners to Exchange flow metric reached a seven-month high of 9,476, indicating that the miners may be anticipating a further fall in the near term.

Daily cryptocurrency market performance. Source: Coin360

Prominent investors are divided on whether a bottom has been made in Bitcoin or not. Galaxy Digital Holdings chairman and CEO Mike Novogratz believes that Bitcoin could hold $20,000 and Ether (ETH) may bottom out at $1,000. These levels were also referred to by Arthur Hayes, co-founder and former chief of BitMEX, who cautioned that if the levels crack, it may lead to “massive sell pressure in spot markets.”

What are the important levels to watch out for on Bitcoin and major altcoins? Let’s study the charts of the top-10 cryptocurrencies to find out.

BTC/USDT

Bitcoin remains in a firm bear grip. The bulls tried to start a recovery on June 14, as seen from the long wick on the day’s candlestick, but the bears were in no mood to relent. They sold aggressively and pulled the price to $20,111 on June 15.

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Atlantic Council looks at how to maintain central bank digital currency cybersecurity

The thinktank looked at the interplay of performance, security and privacy in possible CBDC designs and made recommendations for optimizing it.

Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation

BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years.

Bitcoin is here to stay even as new innovations develop — Bybit founder

Ben Zhou, the founder of Bybit, said that the exchange is putting some focus on educating users who are new to crypto.

Bitcoin is here to stay even as new innovations develop — Bybit founder

Ben Zhou, the founder of Bybit, said that the exchange is putting some focus on educating users who are new to crypto.

Kraken reiterates hiring targets as CEO denounces 'woke activists' in corporate culture

"We recognize that hurt feelings are inevitable in a global organization that is optimizing for team outcomes above individual sentiment," said the team at Kraken.

Bitcoin bounces 8% from lows amid warning BTC price bottom 'shouldn't be like that'

Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping.

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