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Bitcoin (BTC) Volatility Dwindles: ‘Boring’ Price Action Explained

Bitcoin has become significantly less volatile in recent times. This is evidenced by the absence of any extreme spikes in price movements in either direction since the completion of the fourth halving. Such a trend of dwindling volatility signals maturity, according to experts. Bitcoin Sees Signs of Maturity Over the past week, bitcoin saw a modest decline of a little over 3%, with selling activity outweighing buying across almost all exchanges. According to Kaiko’s latest...

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Chinese Bank Executives Accused of $248M Crypto Money Laundering Scheme

[unable to retrieve full-text content]CoinspeakerChinese Bank Executives Accused of $248M Crypto Money Laundering Scheme Chinese court documents show that a 44-year-old suspect named Chen helped launder at least 250 million yuan ($34.4 million) through his personal bank accounts for the former executives. Chinese Bank Executives Accused of $248M Crypto Money Laundering Scheme

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SKALE Labs to Join Unity’s Exclusive Publisher Support Program

[PRESS RELEASE – San Francisco, California, June 18th, 2024] Developers on SKALE Can Now Leverage Unity’s World-Class Services for Premier Web3 Game Development Today, SKALE Labs, the gas-less EVM-compatible blockchain designed for secure Ethereum scaling, has announced they have joined Unity’s publisher support program. Unity is the world’s leading platform of tools for creators to build and grow real-time games, apps, and experiences across multiple platforms. The program...

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Eric Balchunas Moves Spot Ethereum ETF Launch Date, Ethereum Coins Like DTX Exchange and Chainlink Projected To Soar

Eric Balchunas has made a big announcement in the crypto space—he is changing the expected date of a spot Ethereum (ETH) ETF approval to July 2. This news excites traders because now more people will pay more attention to Ethereum coins. Some of those coins that are likely to skyrocket include DTX Exchange (DTX) and Chainlink (LINK). Let’s see why. Eric Balchunas: The Spot Ethereum ETF Launch May Come Soon Ethereum (ETH) has recently made headlines in the crypto market. According to...

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Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information 

[unable to retrieve full-text content]CoinspeakerBrazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information  Despite the lack of a clear regulatory framework, the government still wants to know how Binance, Coinbase, Kraken, OKX, and other exchanges registered outside of its border conduct their businesses within the country. Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information 

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Important Ripple v. SEC Update June 18th: Commission Takes a Hit

TL;DR David Hirsh, Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned, denying rumors of joining a Solana-based marketplace. His departure comes as the SEC’s lawsuit against Ripple progresses, with the regulator recently lowering its proposed penalty to $102.6 million. The Crypto Expert Resigns David Hirsh – one of the longstanding members of the United States Securities and Exchange Commission (SEC) – announced on LinkedIn that he resigned from the...

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