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ETH valuation metric is ‘heating up,’ but analyst says it’s not overvalued

CryptoQuant CEO Ki Young Ju noted that while Ethereum’s MVRV is rising quickly, onchain activity levels suggest it may not be overvalued.

Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit

Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough.

Stablecoins to make up 10% of money in the next decade or so: Circle CEO

Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before.

Bitcoin exchange reserve metric hits 3-year low

Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.

Ethereum (ETH) price fails to rally in the face of good news — Here is why

Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening.

Ex-OpenAI chief scientist Ilya Sutskever launches SSI to focus on AI safety

The new company will develop AI safety and capabilities in tandem.

Binance to appeal $4.4M fine from Canadian regulator

The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators.

Oslo Freedom Forum: The best Bitcoin conference that isn’t about Bitcoin

If I had to choose one Bitcoin conference to attend, it would be the Oslo Freedom Forum — and it's technically not even about Bitcoin.

VC Roundup: Investors double down on funding for crypto, blockchain startups

This edition of Cointelegraph’s VC roundup features Plural Energy, Everclear, Ava Protocol, GoPlus and other startups.

Bitcoin grabs top 3 all-time NFT sales record, Ronin unveils zkEVM for gaming: Nifty Newsletter

Bitcoin NFTs surpass Ronin in all-time sales volume, achieving over $4.27 billion and climbing to third place behind Solana and Ethereum.

CertiK identified Kraken exploit, claims exchange ‘threatened’ its team

The security firm said it was transferring the digital assets obtained in the exploit of Kraken back to the exchange, but many crypto users questioned its motives.

Nigerian High Court dismisses Binance exec’s suit over detention

Nadeem Anjarwalla escaped prison and traveled to Kenya, and his colleague will press his rights claims in court next month.

Crypto Super PAC raises $169M following $10M donation from Jump Crypto

A Fairshake spokesperson told Cointelegraph that the political action committee would “have the resources to affect races in 2024 and beyond.”

Moody’s assigns ‘A-bf’ rating for OpenEden’s tokenized fund

OpenEden’s TBILL received an “A-bf” rating from Moody’s Ratings on June 19, as more T-bills are going onchain.

Price analysis 6/19: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX

Bitcoin is struggling to bounce off $64,500, increasing the possibility of a deeper correction to $60,000.

Crypto community backs Tornado Cash devs with $2.3M legal fund

Tornado Cash’s founders and developers are in the legal crosshairs, but the crypto community argues merely writing code shouldn’t be a crime.

XRP price could break out as open interest increases

Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple.

Polkadot’s Indy 500 driver Conor Daly: ‘My dad holds DOT, how mad is that?’

Has Polkadot got bang for buck from a foray into motorsport? 13M watched DOT-sponsored driver Conor Daly as he led the Indy 500 for 22 laps.

Kraken says its being extorted following bug bounty report

The bug resulted in at least $3 million worth of stolen funds, but no user funds were endangered, according to Kraken.

APhone introduces DApp store combining Web2 and Web3 apps

The alternative DApp store wants to offer features for Web3 enthusiasts while focusing on due diligence when listing apps.

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