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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 2022-23, Sandbox announced that it has added over 330,000 unique creators. Source link

Bitdeer introduces energy-efficient Bitcoin mining chip

This chip will enhance Bitcoin mining performance, minimize power consumption, lower costs, and reduce the environmental footprint. Source link

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. Source link

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. Source link

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. Source link

108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria

The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents. Source link

Why isn’t the BTC price moving despite billions in ETF inflows?

Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin. Source link

Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.” Source link

Big shorters are betting $6.9B against MicroStrategy stocks

Short-sellers have wavered this year as MTSR skyrocketed 469% over the past six months, though a few major institutions are holding out hope for a correction. Source link

NY Attorney General sues crypto trader NovaTech, claims $1B fraud

Two people took in $1 billion in crypto deposits and traded $28 million of it, the suit alleges. Source link