Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
Across the broader digital asset ecosystem, investment products saw net $600 outflows of $600 million, entirely driven by BTC’s losses
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U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan
Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.
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Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
Members of the küresel financial stability body discussed areas that “warrant further attention” in the crypto sector during a meeting in Toronto last week.
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South Africa Re-Elects Cyril Ramaphosa of the ANC as President
The election results are not expected to have much of an impact on South Africa’s crypto industry.
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Two Men Charged With Running Darknet Marketplace Empire Market
Thomas Pavey and Raheim Hamilton were previously arrested and charged with selling counterfeit currency on AlphaBay, another darknet marketplace.
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Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass veri shows.
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MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
The company’s shares rose nearly 2% in the early Friday session following yesterday’s tumble.
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Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour
A series of unfortunate sports losses have left Drake very close to losing $1 million worth of bitcoin bets.
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DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
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First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks
The latest price moves in crypto markets in context for June 14, 2024.