Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Markets expect first Fed pause since 2021 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $26,000, avoiding major…
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Due to its Bitcoin (BTC) tipping feature, the decentralized social media app called Damus could face the axe from the Apple app store. The creators behind the decentralized social media platform shared a warning letter from Apple on June 13. The letter warned that the app will be removed from the platform because of the…
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Bitcoin’s (BTC) percentage share in the crypto market has risen to nearly 50% in the aftermath of the last week’s altcoin market rout. On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC’s weight against other cryptocurrencies, reached 49.29%, slightly down from its two-year highs of 49.66% seen earlier this week. BTC.D daily price…
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The Hong Kong Monetary Authority has completed a public consultation on stablecoin regulations with an aim to introduce clear regulatory guidelines around the stablecoin market by the end of 2024. Joseph Chan Ho-Lim, deputy director of the Hong Kong Financial Services and Treasury Bureau, said that over the past five years, Hong Kong has emerged…
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An Uganda Bitcoiner embarked on a community-funded trip from East Africa to Prague after winning tickets to BTC Prague for his adoption-driving efforts in the country. Brindon Mwiine, the founder of Ugandan-based Bitcoin (BTC) platform Gorilla Sats, set off on a whirlwind journey from Kampala to the heart of Europe on the back of a…
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The BTC Prague event has recently highlighted that while there remain places in the world where Bitcoin (BTC) adoption is still in its early stages, many continue to be positive about how the community can onboard more BTC supporters despite the new challenges that come in. In an interview with Cointelegraph reporter Joseph Hall, pseudonymous Bitcoin…
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Bitcoin (BTC) returned above $26,000 on June 13 as analysts eyed resistance overhead. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin price inches between trend lines Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily close. The pair had seen a curiously uneventful start to the…
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In recent weeks, the cryptocurrency market has faced bearish trends, driving crypto market capitalization down to its lowest level in over two months. However, according to some market analysts, Bitcoin (BTC) and other altcoins are still resilient despite the overall market climate. But, it’s not only the market analysts still holding onto the bullish sentiment. At…
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A newly surfaced video featuring Gary Gensler from 2018 has made the rounds on social media, showing the now-chair of the United States securities regulator agastating that multiple cryptocurrencies are “not securities.” On June 12 multiple Twitter accounts shared the video which is understood to come from a 2018 event hosted by Bloomberg for institutional investors. “Over…
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Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto. On June 13, blockchain security and compliance firm Elliptic updated the situation regarding the stolen Atomic Wallet funds. It alleges that the…
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