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German Gov’t $354M BTC sell-off: Yet more volatility incoming? – Cointelegraph

A wallet named after Arkham Intelligence’s German Government (BKA) has an additional 6,000 bitcoin (worth $354 million) stored in preparation for the next BTC sale. So far, 5,853.409 Bitcoin (BTC) has been sent to addresses associated with exchanges such as Coinbase, Kraken, and Flow Traders, as well as other unconfirmed or unverified addresses. The next […]

North Carolina's CBDC ban bill vetoed by governor – Cointelegraph

North Carolina Governor Roy Cooper has vetoed a bill that would have banned a central bank digital currency issued by the Federal Reserve from being introduced in the state, despite near-unanimous support in the House and Senate. Cooper has faced criticism for making politically motivated decisions. explanation In a June 5 statement, he said House […]

Bitcoin gives up late June gains amid warning $60K holding is 'lucky' – Cointelegraph

Bitcoin traded at $61,000 on July 3 after the US inflation outlook worsened. BTC/USD 1-hour chart. Source: TradingView Fed Chairman Powell postpones rate cut Data from Cointelegraph Markets Pro Trading View It showed that BTC price is gradually recovering from a 2% daily close drop. This exacerbated the existing decline, resulting in a local low […]

History suggests Bitcoin poised for rebound in July – Cointelegraph

Bitcoin performed poorly in June, dropping nearly 7%, but could see a strong rebound in July. Bitcoin (BTC) prices have historically fallen an average of 0.35% in June. according to That’s according to data from Coinglass, which has been tracking monthly bitcoin revenue since 2013. Data shows that over the past few years, whenever June […]

T-Rex files for 'ghost pepper' 2X leveraged MicroStrategy ETF – Cointelegraph

Financial services firm T-Rex Group has filed in the U.S. for a leveraged MicroStrategy (MSTR) exchange-traded fund, which one analyst has described as the “ghost pepper” of ETFs because of its potential volatility. Balchunas said that if the fund is approved, investors would be exposed to about 20 times the normal volatility of the S&P […]

Bitcoin price sees oversold bounce to $62K but will it hold? – Cointelegraph

Bitcoin (BTC) price hit a six-week low on June 24, but within the next 24 hours, buyers stepped in and the price once again rose above $62,000. BTC/USD daily chart. Source: Trading View Analysing the current market structure, popular trader Jere observed that some buyer interest has returned at the lower levels as the $60,000 […]

MakerDAO delegate's $11M in tokens stolen in phishing scam – Cointelegraph

A MakerDAO governance representative lost $11 million worth of Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens in a phishing scam after signing multiple petitions. Scam Sniffer was detected The incident occurred in the early hours of June 23. After making multiple signatures, users fell victim to a phishing scam and lost their digital assets. […]

1,590 CoinStats crypto wallets 'affected' in security breach – Cointelegraph

Cryptocurrency portfolio manager CoinStats has temporarily suspended user activity following a security breach that affected 1,590 cryptocurrency wallets. “The attack has been mitigated and we have temporarily shut down the application to isolate the security incident,” Coinstats said in a statement on June 22. post. “Thanks to the swift incident response by the CoinStats team, […]