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Crypto Biz: Jump Crypto exec steps down, first MiCA deadline looms, and more

28.6.2024
This week’s Crypto Biz explores the departure of Jump Crypto’s CEO, Animoca Brands’ return to public markets, the corporate dispute between Riot and Bitfarms, and other news

Bitcoin and altcoins fail to rally even as U.S. inflation cools down

28.6.2024
For years analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why

Nostra CEO steps down just days after token launch

28.6.2024
David Garai is stepping down as CEO of Nostra Finance two weeks after the launch of the NSTR token. Richard Thomas-Pryce will take over the company

Crypto platform Yield App shuts down citing FTX losses

28.6.2024
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact

Nintendo Doubling-Down On Security Following Latest Video Game Leaker Drama

27.6.2024
Nintendo is working to beef up its security and IT training following recent reports of how major announcements were scrapped from YouTube’s backend ahead of major Directs. The acknowledgement of efforts to curb internal information from being exposed by outside actors comes as the video game...

Shapeshift Founder Erik Voorhees Claims Revolut Shut Down His Account for Interacting With Crypto

27.6.2024
Cryptocurrency entrepreneur Erik Voorhees has publicly criticized Revolut, claiming the fintech company shut down his account due to his interactions with cryptocurrencies. Despite not using Revolut’s crypto service and funding his account via fiat from an exchange, Voorhees experienced...

Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

25.6.2024
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months

Bitcoin analysts forecast BTC price drop to $50K before parabolic run begins

25.6.2024
A handful of Bitcoin analysts now believe BTC price is headed below $50,000. Cointelegraph explores why

President of Jump Crypto steps down

24.6.2024
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022

Crypto investment products see $584M outflow as Bitcoin descends to $60K

24.6.2024
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products

Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App

23.6.2024
According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet addresses to immediately transfer their funds using...

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

23.6.2024
Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler...

3 reasons why Bitcoin price struggles to reclaim $64K

21.6.2024
Bitcoin’s tumultuous week continues as data points to further downside in BTC price

Federal Agents Crack Down on Drug Ring Using Crypto Mixers

21.6.2024
Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy (NCIDE) Task Force, a federal team dedicated to combating...