MKR could be gearing up for a strong rally in the coming week, fueled by both technical signals and growing momentum around the Sky Protocol rebrand. According to data from crypto.news, Maker (MKR) surged over 17% on June 3, hitting…
Cryptocurrency News
Bitcoin on ‘very shaky ground’ as new BTC price top nears — Saifedean Ammous [cointelegraph]
Bitcoin corporate buyers should brace for impact or abandon their strategy if they are unprepared for an 80% BTC price comedown, Saifedean Ammous argues.
Bitcoin on ‘very shaky ground’ as new BTC price top nears: Ammous [cointelegraph]
Corporate Bitcoin buyers should brace for impact or abandon their strategy if they are unprepared for an 80% BTC price drop, Saifedean Ammous said.
Sonic Labs announces 200M S token airdrop, U.S. residents will be eligible [btcmanager]
Sonic Labs has unveiled a 200 million S token airdrop to reward users and developers in its growing ecosystem, and U.S. residents are now officially eligible. The announcement was made via a June 3 blog post and was later confirmed…
Bitcoin’s shrinking supply may trigger price breakout: Sygnum [cointelegraph]
Bitcoin’s liquid supply has fallen 30% in 18 months as institutional demand and new reserve strategies tighten the market, Sygnum Bank reports.
California lawmakers approve bill allowing crypto payments for state services [btcmanager]
A California bill that would allow state departments to accept cryptocurrency payments has passed the State Assembly with a unanimous vote. On June 2, California lawmakers approved Assembly Bill 1180 (AB 1180) with a 68-0 vote during its third reading.…
Bitcoin stalls around $105K as profit-taking and ETF outflows weigh on momentum [btcmanager]
Bitcoin has settled just above $105,500 after pulling back from its all-time high of $111,814 set on May 22. The slowdown appears to be primarily caused by traders locking in gains following the sharp climb, with signs of exhaustion starting…
Blockchain can end the food fraud crisis, but it’s a costly battle [cointelegraph]
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off.
SEC to shape crypto policy with ‘notice and comment,’ says Atkins [cointelegraph]
Securities and Exchange Commission chair Paul Atkins told a Senate subcommittee that his approach to crypto “will be done through notice and comment rulemaking, not through regulation by enforcement.”
Coinbase wants Oregon’s ‘copycat’ securities case in federal court [cointelegraph]
Coinbase has argued that a securities lawsuit from Oregon’s attorney general should be heard in federal court because it’s an attempt to “invade the province of federal law.”