Bitcoin, Ethereum Technical Analysis: ETH Remains Above $1,200, Despite Market Volatility Increasing

ETH has managed to remain above the $1,200 level on Tuesday, despite an increase in price uncertainty in crypto markets.

Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value

After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum.

Bitcoin Dipped Towards $20K, Tezos (XTZ) Jumps 9%: Market Watch

Tezos is among the very crypto assets in the green with a 9% daily increase.

Ripple Opens First Office in Canada with New Growth Plan

Ripple has opened its first regional office in Canada as part of its strategy to increase access to its users.

CoinFLEX Becomes the Latest Crypto Exchange to Halt Withdrawals

The number of cryptocurrency companies halting withdrawals continues to increase.

Stablecoin Dominance Hits All-Time High as Crypto Winter Deepens

Another sign of increasing bearish sentiment in crypto markets is an increase in stablecoin dominance, which has now hit record levels.

TA: Bitcoin Could Restart Increase If The Bulls Clear This Resistance

Bitcoin is consolidating above the $20,000 zone against the US Dollar.

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022.

Bitget to Double Global Workforce Despite Crypto Winter

[PRESS RELEASE – Please Read Disclaimer] Aims to increase headcount to 1,000 by end of 2022 Singapore, 21 June, 2022 – Leading global digital-asset trading platform – Bitget, is slated to double its workforce to reach 1,000 headcounts in the next six months despite the current market downturn.

TA: Bitcoin Trims Gains, Why 100 SMA Could Trigger Fresh Increase

Bitcoin struggled above the $21,500 resistance zone against the US Dollar.

Wyoming's Black Hills Energy Inks First Deal Under New Blockchain Tariff

The utility said attracting more blockchain companies to the state will increase tax revenue and create jobs.

Celsius warns community about fake accounts, pauses Twitter spaces and AMAs

Celsius Network announced that there is an increase in fake accounts on social media and warned users to be more vigilant.

Study: Today’s Metaverse Still Not Suited for Remote Work

A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work.

Bitcoin (BTC) Will Whipsaw Traders to $100,000 This Year, Says Blockstream CEO Adam Back – Here’s How

The chief executive officer of blockchain technology company Blockstream says that leading digital asset Bitcoin (BTC) could see a 5x increase in price by the end of the year.

NFT platforms in China grow 5X in four months despite government warnings

NFTs are still a gray area in China where unlike cryptocurrencies, there’s no official ban on its use, but the authorities have warned investors against the risks from time to time. The popularity of nonfungible tokens is on the rise as recent data shows that the number of digital collectible platforms in China has grown to over 500, a 5X increase from February 2022, when the total number of NFT platforms was just over 100.According to a report published by a local Chinese daily, the sharp rise in the number of NFT platforms comes amid the growing hype and popularity of the digital collectibles in the country.

Is The Bitcoin Halving The Key For A BTC Price Bottom?

Bitcoin is still holding above $20,000 despite a massive increase in selling pressure over the past few days.

Bitcoin Touches $21K amid Fed's Interest Rate Hike Hitting a 28-Year High

Bitcoin (BTC) was up by 2.90% in the last 24 hours to hit $21,782 during intraday trading, with news about the Federal Reserve’s interest rate increase of 75 basis points (bps) making airwaves.

Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation

BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. Global financial markets were squarely focused on the US Federal Reserve and its decision to raise interest rates by 75 basis points on June 15, the largest increase in 28 years as the central bank fights to tamp down the highest inflation rates in over four decades. Data from Cointelegraph Markets Pro and TradingView shows that Bitcoin (BTC) and the wider cryptocurrency market fell under pressure in the early trading hours on June 15 as rumors of the possible collapse of Three Arrows Capital (3AC) spread across the ecosystem, which is still grappling with the ongoing Celsius debacle.

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

The US Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994.

FINRA may hire employees terminated from crypto firms: Report

“Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give me a call," said president and CEO Robert Cook. The United States Financial Industry Regulatory Authority, or FINRA, reportedly plans to “bulk up” its capability to monitor crypto — a move which could include scooping up employees recently terminated from crypto companies.According to a Tuesday Reuters report, FINRA president and chief executive officer Robert Cook encouraged crypto workers expected to be on the chopping block to reach out to the financial regulator as part of its efforts to increase resources related to the space.

Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?

With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cryptocurrency continues to trade at an 18-month low.

NFT trading volume surges amid market and floor price crash

Eight of the top 10 NFT projects have posted at least a 115% increase in 24-hour trading volume as the floor prices of many top NFT collections tumble.

JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed

The US Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps).

Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%

Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown.

Report: Decoding how global Bitcoin adoption can cross 10% by 2030

The global adoption of Bitcoin is set to further increase tremendously by 2030 as per Blockware, an infrastructure provider for blockchain technologies.

Blockchain for sustainable development: The case of Ghana

How blockchain technology might help developing economies to increase financial inclusion — a closer look at financial services in Ghana. In modern times of rapid globalization and digitization, technological developments have now reached such proportions that the usage of cryptocurrencies is no new phenomenon.

Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge. Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering 8.6% year-over-year increase, the highest print since 1981. The hotter-than-expected CPI print resulted in a collapse of the $30,000 support and Bitcoin (BTC) price sold off to a daily low of $28,852 before dip buyers managed to bid the price back above $29,000.BTC/USDT 1-day chart.

Enhanced Bitcoin Volatility as May’s Inflation Numbers Come In

Inflation continues to increase on the back of high gas and food prices.

Bitcoin Miners in Washington Will Have To Pay 29% More For Their Electricity

The new "Tariff 36" comes with a 29% increase in the electricity bill for bitcoin miners in Chelan County, Washington.

Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’

The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes.