Quick Take As of June 28, the final trading day of the quarter, Bitcoin (BTC) has experienced a challenging period, with its value dropping approximately 9% in June. A substantial $6.6 billion worth of options for BTC are set to expire on June 28. Despite hitting its all-time high in March, BTC has struggled over the past…
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Phantom Wallet users warned of fake app that resembles authentic version, resulting in significant financial losses. A fake Phantom wallet app in the Apple Store is reported to drain assets upon account recovery with a private key. Phantom Wallet and Solana users have been alerted to the fraudulent app mimicking the legitimate Phantom Wallet. The fake app,…
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In Brief ENS price has marked a 7% decline in the last 24 hours, trading at $24.8. About $144 million of profits have been lost due to the sharp fall. ENS market top has been formed every time the profitable supply exceeds 90%. Ethereum Name Service (ENS) price has painted a red candlestick on the…
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In Brief Bitcoin could reach $100,000 as market dynamics and economic indicators align. Investor optimism grows with potential Fed rate cuts influencing Bitcoin’s demand. Institutional interest and ETF approvals bolster the Bitcoin price’s upward trajectory. Bitcoin’s potential to hit $100,000 remains a topic of keen interest among investors. Various market dynamics and economic indicators suggest…
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In Brief 3iQ files to launch North America’s first Solana ETP on the Toronto Stock Exchange. The Solana Fund will offer SOL exposure, long-term capital appreciation, and staking yield. 3iQ leverages Coinbase Custody for institutional staking; pioneers in Canadian crypto funds. 3iQ Digital Asset Management, a Canadian digital asset investment firm, has announced the filing…
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. ZKX, the first Social Perp Trading DEX built on Starknet and Ethereum, has successfully raised a…
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In Brief Bitcoin’s future hinges on macroeconomic factors, with scenarios ranging from $30,000 to $60,000. Analysts predict either significant corrections or consolidation phases for Bitcoin and altcoins. Sentiment and key price levels play a crucial role in market direction, say industry experts. The cryptocurrency market has experienced significant turbulence recently, raising questions about the longevity…
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In a recent Twitter Space interview, Bruna Brambachi engaged with David Lee, the VP of Sales at Cerus Markets, to discuss the crypto-focused CFD trading platform’s innovations, unique offerings, and future developments. David Lee, with his extensive expertise in business development, plays a pivotal role at Cerus Markets. His efforts aim to foster partnerships across various regions…
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In Brief Dogecoin’s price has been observed to decline for the past few days, falling below $0.15. Whale addresses have over 900 million DOGE worth $129 million in the past week. The MVRV ratio is also in the opportunity zone, synonymous with recoveries. Dogecoin (DOGE) is looking to recover some of the losses the investors…
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In Brief Polkadot community has approved a $65 million development fund for the JAM architecture. The new structure would bring scalability and flexibility to blockchain applications. DOT price is still bearish, but a falling wedge pattern suggests an impending bullish reversal. The Polkadot network has green-lighted a multi-million development fund backed with a prize pool…
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