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Price analysis 6/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows. Source link

It’s time to refocus on crypto infrastructure, CoinShares CSO says

The ongoing cryptocurrency market decline is the right time for the community to strengthen infrastructure fundamentals, according to the chief strategy officer at the European digital asset manager CoinShares. CoinShares is one of the largest digital asset investment firms in Europe, with net assets exceeding $260 million by the end of 2021. According to CoinShares’…
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Bitcoin holds $20K as ECB warns inflation may never return to pre-COVID lows

Markets beyond the euro slow to react as Europe acknowledges higher inflation may be permanent. Source link

Kieran Warwick’s 2032 plan for Illuvium – Cointelegraph Magazine

Kieran Warwick created the play-to-earn game Illuvium with his brothers Aaron and Grant — all siblings of DeFi maverick Kain, the founder of Synthetix. He shares his alpha on how NFT game mechanics can be designed in such a way that playing them can be fun and profitable in the long term. Warwick entered the…
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Who will drive the next crypto bull run?

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. The crypto market, just as any other market, runs in cycles. Even though digital assets are known, if not…
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MicroStrategy scoops up 480 Bitcoin amid market slump

Business intelligence firm MicroStrategy has added to its Bitcoin (BTC) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles.  In a Form 8-K filing with the United States Securities and Exchange Commission (SEC), Microstrategy disclosed that it had acquired an additional 480 BTC at an average price of roughly…
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21Shares responds to bear market with crypto winter ETP

The Swiss crypto ETP issuer wants to make it easier for investors to get exposure to Bitcoin amid extreme fear on the market. Source link

Bitcoin Lightning Network developer updates node software with Taproot support

Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node — with added support to the latest protocol upgrades including Taproot and Musig2 among other improvements. lnd is a software component that handles various aspects within…
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British Virgin Islands court reportedly orders to liquidate 3AC

Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty amid new reports on the company’s liquidation. A court in the British Virgin Islands on June 27 ordered the liquidation of Singapore-based 3AC, the British news agency Sky News reported on Wednesday. The information in the report refers to an unspecified person…
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Bitcoin advocate criticized for backing wallet authentication project

After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments. Source link