Against the backdrop of a U.S. Securities and Exchange Commission that has been dropping bombshells across the cryptocurrency industry through lawsuits with Binance (BNB-USD) and Coinbase (COIN), the altcoin market has dealt with a substantial amount of selling pressure in June. Much of that pressure is a reaction to SEC allegations that several significant cryptocurrencies […]
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During the second week of June, Bitcoin miners reversed the hoarding trend and are now selling considerable amounts. Since May 2023, Bitcoin miners brought a strong trend of coin accumulation. However, the magic was broken during the second week of June, according to data from analytics firm Glassnode. The coin generators would have been hit […]
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Burniske emphasizes that widespread social acceptance rarely drives rapid growth, with real value often hidden in underappreciated or questioned aspects. Chris Burniske, partner at venture capital firm Placeholder, shared his thoughts on the future of cryptocurrencies, indicating that the current skepticism and doubt surrounding the industry are typical elements of market cycles that historically lead […]
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Daily active BNB addresses and daily transactions have decreased over the past month. The coin is down over 16%, and several metrics were still bearish. BNB Chain [BNB] adoption has been on the rise with the latest being the Polyhedra Network. In a recent tweet, Polyhedra announced that it will support the BNB Chain Luban […]
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Bitcoin Ordinals are “sats” or satoshis that have been ordered and inscribed with a piece of information, such as text or an image. This piece of information makes the sat unique and turns it into a de-facto NFT. Ordinals gave Bitcoin a way for creators to “sign up” NFT-like digital media and later meme tokens […]
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