Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say. Source: https://www.coindesk.com/business/2024/06/18/bitcoin-hashrate-may-finally-slow-as-miners-face-scorching-summer-heatwaves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP’ 19% decline. Source: https://www.coindesk.com/markets/2024/06/18/uni-advance-led-coindesk-20-gainers-last-week-coindesk-indices-market-update/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
This was the first example of transferring tokenized versions of life insurance policies, the company said. Source: https://www.coindesk.com/business/2024/06/18/rwa-tokenization-expands-to-life-insurance-with-infineo-minting-9m-of-policies-on-provenance-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Source: https://www.coindesk.com/tech/2024/06/18/sonic-gaming-focused-layer-2-chain-on-solana-raises-12m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for June 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet’s mantra of buying in doom and selling in boom. Source: https://www.coindesk.com/markets/2024/06/18/ai-related-coins-slide-as-google-search-shows-peak-retail-investor-interest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%. Source: https://www.coindesk.com/markets/2024/06/18/dogecoin-bulls-see-60m-liquidations-in-biggest-hit-since-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
FTX’s victims are seeking a court hearing to rule on their claim that all the failed crypto exchange’s forfeited assets, about $8 billion, belong to its customers, not the …
Few catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said. Source: https://www.coindesk.com/markets/2024/06/18/dogecoin-solana-lead-crypto-majors-plunge-as-bitcoin-falls-below-66k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Meme coins such as Floki Inu and BONK are seeing substantial volatility. Floki Inu’s price rise has encountered rough seas, while BONK’s recent price drop signals a possible bounce-back …
