Crypto
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Bitcoin price drop below traders’ cost basis warns of deeper sell-off
Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue. Source link
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Animoca Brands plans return to stock market by 2025
Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East. Source link
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Worldcoin partners with Alchemy to build blockchain infrastructure
Worldcoin revealed a partnership with Alchemy to build out infrastructure for its blockchain World Chain, which is also the new home for its World ID and World app. Source link
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Celebrity memecoins highlight crypto’s influencer problem
Celebrity memecoins have become the latest crypto trend in 2024, with a slew of celebrity endorsements. Source link
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Web3 gets its own version of Trustpilot to bring users and creators together
A new decentralized application aims to revolutionize product feedback and user engagement in the Web3 space by fostering direct interaction between users and product teams. Source link
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Cardano node upgrade underway following mainnet DDoS attack
A failed DDoS attack on the Cardano blockchain led developers to initiate a node upgrade to enhance security. Source link
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Bitcoiner contributes to Julian Assange’s freedom, pays $500K debt in BTC
Bitcoiner helps Julian Assange return home debt-free after 14 years of fighting against U.S. extradition. Source link
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Hong Kong targets DeFi, metaverse for fintech expansion
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors. Source link
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Spot Bitcoin ETFs reverse 7-day outflow streak
As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion. Source link
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Ethereum ETF process is ‘going smoothly,’ says SEC’s Gensler
SEC Chair Gary Gensler didn’t comment on when his agency would approve Ether ETFs for trading, but analysts predict it could be as soon as next week. Source link
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