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Bitcoin return to $71K would wipe $1.38B shorts

If Bitcoin returns to the price it had been hovering around for the previous two days before the slight dip, it would wipe out a considerable number of short positions.

BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest

Bitcoin lingers lower following a “doubly strange” U.S. trading session, with BTC price support in question.

Donald Trump doubles down on crypto support at fundraiser event — Report

Donald Trump reportedly announced his goal to be the "crypto president" at the event, where he raised $12 million.

Crypto market tumble seen as quick shakeout, traders expect 'bullish' rebound

Cryptocurrency traders believe that the recent market downturn is just a "shakeout" and there is a "bullish continuation" on the horizon.

New York Stock Exchange-backed Bakkt considers sale — Report

Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table.

Impact of shifting SEC policy on ETH ‘yet to be seen’ — Consensys SC

Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.

Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving.

GameStop's Roaring Kitty posts first livestream in 3 years— price reacts

The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.

Ethereum governance, and the downfall of celeb tokens: Finance Redefined

The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.

Are Bitcoin traders losing hope? Top traders’ metric hits two-week low

Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?

Bitcoin network transaction fees temporarily soar to nearly $52

The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning.

DeFi TVL reaches $192B for first time in 15 months — DappRadar

The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity.

Bitcoin ETF flows will send BTC price into ‘parabolic run,’ traders say

BTC’s price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.

Dumbed down Google and Microsoft AI won’t discuss any presidential elections

Meanwhile, Anthropic’s Claude 2, Meta’s Llama and OpenAI’s ChatGPT seemingly have no qualms about discussing elections past, present or future.

Peru adopts India’s UPI system to boost financial inclusion

The Indian instant payment system is gradually making its way around the world.

Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.

BTC price dips 1.8% as Bitcoin tackles ‘schizophrenic’ new US jobs data

Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.

US elections are a ‘huge variable’ for Solana ETF approval

The approval of spot Ether ETFs has opened Pandora’s box for another altcoin ETF. Solana, XRP, Chainlink or Dogecoin could be next, but is the crypto market overly optimistic?

Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility

Block times can also be adjusted as desired. The root mainnet shard features an average block time of just two seconds.

Can Bitcoin close above $70K amid strong labor market?

Stronger-than-expected employment data could put more downward pressure on Bitcoin price. Are ETF inflows enough to get a weekly BTC close above $70,000?

Sky Mavis recovers $5.7M from Ronin Bridge hack

Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury.

CoinGecko confirms email provider data breach, over 23,000 phishing emails sent

The email platform’s security breach occurred due to a compromised employee account.

Solana-memecoin 'GME' explodes 150% ahead of Keith Gill's YouTube return

GME memecoin may see a significant correction, similar to the dramatic drop Dogecoin experienced following Elon Musk's appearance on SNL.

Crypto hacks increase in 2024, but smart contracts are not to blame

Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks.

The Sandbox raises $20M at $1B valuation, promises to expand creator economy

During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.

Bitdeer introduces energy-efficient Bitcoin mining chip

The chip will enhance Bitcoin mining performance, minimize power consumption, lower costs and reduce its environmental footprint.

What is Elliott Wave Theory, and how to use it in crypto?

Elliott Wave Theory offers a method for analyzing market cycles and predicting price movements in the crypto market.

Bitcoin SV’s Twetch considers open-sourcing after shutdown

Web3 social media platform Twetch, a competitor of X running on the Bitcoin SV blockchain, shut down operations on June 6.

GameStop rally sends Roaring Kitty’s shares to $1B

If GameStop opens at its current after-hours price, Roaring Kitty’s holdings would be worth around $1 billion.

Bitcoin may retest $69K next as shorts keep BTC price below all-time high

Bitcoin sees surprise selling into the latest daily close, giving rise to predictions of a support retest before new BTC price all-time highs.

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