Metamask, the popular Ethereum wallet, has updated its privacy policy. The update provides users with greater transparency and control over their personal data, specifically concerning IP address processing. According to the new policy, Metamask may temporarily process a user’s IP address only when required for certain services, depending on the user’s Metamask settings. This is […]
https://news.bitcoin.com/metamask-updates-privacy-policy-explains-when-it-may-process-users-ip-addresses/

Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase in purchasing during the post-liquidation price dip. This resurgence in CRV’s […]
https://news.bitcoin.com/crv-price-hits-0-35-rebounding-41-from-recent-low-post-founder-crisis/

As of June 19, 2024, bitcoin’s price is $65,283, fluctuating within an intraday range of $64,149 to $65,633. On Wednesday, the leading cryptocurrency saw a trade volume of around $31.28 billion, with a market capitalization of $1.28 trillion. Bitcoin Bitcoin’s oscillators reflect mixed sentiment. The relative strength index (RSI) is at 41, suggesting neutrality. Similarly, […]
https://news.bitcoin.com/bitcoin-technical-analysis-bearish-sentiment-tightens-grip-as-btcs-downtrend-continues/

Based on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49 ether, but 90 days later, it dropped to 25.45 ether. Major Declines in Cryptopunks, BAYC, and […]
https://news.bitcoin.com/nft-market-slump-cryptopunks-and-bored-ape-values-plummet-over-90-days/

The Bank of Thailand is reportedly increasing its gold reserves to support a de-dollarized trading system powered by a central bank digital currency (CBDC). According to gold market analyst Jan Nieuwenhuijs, these ongoing gold purchases may help Thailand address trade imbalances arising from the CBDC cross-border settlement project, Mbridge.

Martin Shkreli, known for his previous securities fraud conviction, has reportedly claimed to co-create the DJT token, a new crypto asset themed after Donald Trump. The revelation comes as the token’s association with the Trump campaign remains unverified, stirring significant speculation and controversy. ‘Pharma Bro’ Martin Shkreli Allegedly Co-Creates Trump Crypto Token In a recent […]
https://news.bitcoin.com/controversial-figure-martin-shkreli-allegedly-behind-new-trump-themed-crypto-token-djt/

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative total net inflows to $14.81 billion. Grayscale, Fidelity, and Bitwise Drive Tuesday’s Outflow in Bitcoin ETFs Another day of trading brought losses for spot bitcoin […]
https://news.bitcoin.com/us-bitcoin-etfs-see-fourth-day-of-outflows-totaling-152m/

It’s been a great 24 hours for BABY BEERCOIN (BBEER) holders. The coin’s price has rocketed over 100% in the past day, now hovering around the $0.00066 level. However, an even quirkier meme coin called WienerAI (WAI) is also doing well – and just passed the $6 million milestone in its token presale event. BABY […]
https://news.bitcoin.com/baby-beercoin-pumps-over-100-in-24-hours-as-new-meme-coin-wienerai-raises-6m-in-buzzing-presale/

Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (SEC), revealing $2.5 million in seed investment interest. Bitwise’s Ether ETF Filing With SEC Highlights Pantera’s Interest As the spot […]
https://news.bitcoin.com/bitwise-investments-updates-ethereum-etf-filing-reveals-2-5m-seed-interest/

PRESS RELEASE. Zilliqa, the high-throughput, low-fee layer 1 blockchain platform, is thrilled to announce its strategic partnership with Gravity Team, a leading algorithmic market maker and liquidity provider in the cryptocurrency space. This collaboration is poised to significantly enhance liquidity within the Zilliqa ecosystem, particularly in global and emerging markets, providing investors with increased access […]
https://news.bitcoin.com/zilliqa-partners-with-gravity-team-to-boost-liquidity-in-emerging-markets/

On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders may lose confidence and patience. Crypto […]
https://news.bitcoin.com/qcp-capital-cites-lack-of-news-flow-for-bitcoins-price-decline-amid-market-doldrums/

Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities Transfer Seized Bitcoin About four months ago, Arkham Intelligence announced on the social media […]
https://news.bitcoin.com/german-law-enforcement-transfers-425m-in-bitcoin-from-seized-funds/

According to a house listing from Dallas, Texas, a crypto mining house is for sale in a residential neighborhood. The brick home is equipped with all the necessary supplies to start a data center, including a fully integrated liquid immersion system. High-Tech Crypto Mining Home for Sale in Dallas Neighborhood A newly listed home on […]
https://news.bitcoin.com/unique-residential-bitcoin-mining-house-in-dallas-listed-for-2-4m/

Kraken has accused an unnamed security research firm of stealing $3 million from its treasury and attempting to extort more money. Nick Percoco said so-called white hat hackers failed to fully disclose the bug transaction details and have not made arrangements to return the stolen funds. White Hat Hackers Refuse to Abide by Rules The […]
https://news.bitcoin.com/kraken-calls-security-research-firms-demands-criminal-certik-slams-threats-against-its-employees/

Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average exposure to crypto,” the bank said. ‘Younger Groups Hold More Crypto and More Alternative Investments’ Bank of America released a report titled “2024 Bank of […]
https://news.bitcoin.com/bank-of-america-younger-wealthy-investors-prefer-crypto-over-traditional-investments/

The World Gold Council’s 2024 survey reveals that central banks plan to increase gold reserves amid geopolitical and financial uncertainties. Over 80% of respondents expect global bullion holdings to rise, and 29% of central banks plan to boost their own reserves. Motivations include strategic rebalancing, domestic production, and market concerns like crisis risks and inflation. […]
https://news.bitcoin.com/central-banks-plan-increased-gold-reserves-amid-global-uncertainty-2024-world-gold-council-survey/

The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks […]
https://news.bitcoin.com/imf-cbdcs-can-boost-financial-inclusion-and-payment-efficiency-in-middle-east/

Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the […]
https://news.bitcoin.com/unlicensed-crypto-business-leads-to-indictments-in-utah/

The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently […]
https://news.bitcoin.com/australian-bank-halts-development-of-eth-based-stablecoin/

The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline […]
https://news.bitcoin.com/philippine-sec-warns-against-skyline-crypto-and-dry-goods-trading-investments/