Bitcoin’s mining difficulty has dropped slightly after reaching its highest level ever at the end of May. On Saturday, June 15, the network recorded a small but notable decrease in difficulty, bringing it down to approximately 126.4 trillion. This follows the all-time peak of 126.9 trillion on May 31, according to data from blockchain analytics … Read more
Polyhedra Network (ZKJ) plunged 83% on Sunday after a series of “abnormal on-chain transactions” involving the ZKJ/KOGE (KOGE) trading pair — a collapse Binance said was triggered by a sudden liquidity crunch. “Today’s price drop was caused by a series of abnormal on-chain transactions within a very short period on the ZKJ/KOGE trading pair,” Polyhedra … Read more
According to COINOTAG News on June 16, the Crypto Fear and Greed Index registered a value of 61, slightly up from 60 the previous day, signaling a sustained market sentiment of greed. This index, which ranges from 0 to 100, aggregates multiple key indicators including volatility (25%), market trading volume (25%), social media sentiment (15%), … Read more
GBP/USD kicks off the new week on a softer tone amid rising geopolitical tensions. The USD struggles to gain any meaningful traction and lends support to the major. Traders also seem reluctant ahead of the UK CPI and Fed/BoE meetings this week. The GBP/USD pair remains on the defensive below a three-year top touched on … Read more
Key Points: Major cryptocurrency thefts affect individual investors; losses up to $6.5 million. Incidents involve wallet compromises and social engineering methods. Focus shifts from contracts to centralized services and personal wallets. Individual cryptocurrency investors have encountered multiple significant thefts, including a $6.5 million loss, during the past week. These thefts underscore rising cybersecurity challenges facing … Read more
The $30 trillion in U.S. Treasuries used as a store of value is bitcoin’s real opportunity, positioning itself as the next financial safe haven as confidence in government debt unravels. Bitwise CEO: Bitcoin’s Opportunity Is the $30T Held in Treasuries as a Store of Value Asset management executive Hunter Horsley, CEO of Bitwise, expressed a … Read more
Iran informed mediators Qatar and Oman that Tehran “will not negotiate while under attack,” according to an official briefed on the negotiations, as Israel and Iran exchanged huge strikes. The source said that “Reports Iran has approached Oman and Qatar with a request to engage the United States to broker a ceasefire with Israel and … Read more
Key Points: Geopolitical tensions and diversifying strategies increase gold prices. Gold price nears all-time high on safe-haven demand. Central banks diversify away from USD, boosting gold demand. Gold prices surged significantly in early Asian trading on Monday, reaching $3,450 an ounce as escalating tensions between Israel and Iran prompted investor interest in safe-haven assets. The … Read more
Regulations Vietnam’s National Assembly approved a sweeping law to legalize digital assets. Set to take effect on January 1, 2026, the “Law on Digital Technology Industry” defines and regulates crypto assets for the first time. It introduces two asset classes: virtual assets and crypto assets. These do not include fiat currency, securities, or traditional financial … Read more
AUD/USD extends the decline to 0.6485 in Monday’s early Asian session. Heightened geopolitical tensions in the Middle East underpin the US Dollar and create a headwind for the pair. China’s Retail Sales and Industrial Production will be in the spotlight on Monday. The AUD/USD pair weakens to 0.6485 during the early Asian session on Monday. Escalating … Read more