Ethereum is holding strong despite a week filled with extreme volatility and heightened geopolitical tensions. Following escalations in the Middle East, with conflict between Israel and Iran fueling global market uncertainty, ETH managed to maintain its critical price range. After briefly dipping earlier in the week, Ethereum has reclaimed momentum and is now trading around…
Bitcoin Magazine Strategy Acquires 10,100 BTC, Surpasses 592,000 Bitcoin in Holdings Michael Saylor’s Strategy announces it has purchased an additional 10,100 BTC for approximately $1.05 billion, raising its total holdings to 592,100 BTC acquired at an average cost of $70,666 per Bitcoin. BREAKING: STRATEGY BUYS ANOTHER 10,100 #BITCOIN pic.twitter.com/TZ6nosWenr — Bitcoin Magazine (@BitcoinMagazine) June 16,…
Bitcoin Magazine Canadian Company Universal Digital Launches Bitcoin Treasury Strategy Universal Digital Inc. (CSE: LFG) has announced it has launched a Bitcoin Treasury Strategy as a core pillar of its capital allocation framework, beginning with the divestment of altcoin holdings to accumulate Bitcoin under a new reserve model. “Our Bitcoin Treasury Strategy marks a deliberate…
The impact of conflict in the middle east appears to be waning with ATOM forming a clear bottoming pattern around the $4.01-$4.05 support zone before breaking through resistance levels with strong volume. Technical Indicators ATOM formed a clear bottoming pattern around the $4.01-$4.05 support zone during the 20:00 hour on June 15, with above-average volume…
The total hashrate of the 13 U.S.-listed bitcoin BTC miners tracked by JPMorgan (JPM) now accounts for around 31.5% of the global network, the highest level on record, the bank said in a research report on Monday. These miners added 11 exahashes per second (EH/s) of capacity since April, led by CleanSpark (CLSK), Hive Technologies…
NEAR Protocol has emerged as a bright spot in the cryptocurrency sector, surging 6.1% over the past 24 hours despite the uncertain macroeconomic environment. The token established solid support at $2.174 before decisively breaking above the $2.300 resistance level with above-average trading volume. The recovery comes after a market-wide sell-off last week due to the…
Avalanche’s token AVAX has gained 3.1% in the last 24 hours and appears to be undergoing a V-shaped recovery even as the war between Iran and Israel continues, according to CoinDesk research’s technical analysis model. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins…
Binance Coin (BNB) climbed over the last 24 hours even as geopolitical tensions rattled the markets, driven by surging usage of the BNB Chain, which recorded more than 16 million transactions a day earlier this month. That transaction figure marks a massive jump when from the near 4 million transactions a day processed earlier in…
Toncoin TON established strong support at $2.94-$2.96 before making a decisive move upward, demonstrating resilience even after a sharp pullback, according to CoinDesk research’s technical analysis model. The token is up 1.5% in the last 24 hours, underperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins…
Gemini is set to receive approval from Malta, while Coinbase is expected to get the green light from Luxembourg, according to Reuters. Gemini is set to receive approval from Malta, while Coinbase is expected to get the green light from Luxembourg, according to Reuters. Cointelegraph.com News
