On Wednesday, June 19, NAB Ventures, the investment unit of the National Australia Bank (NAB), one of the four largest financial institutions in Australia, announced a strategic investment in Zodia Custody, marking its entry into the cryptocurrency space.
Laser Digital is now fully licensed in Abu Dhabi, joining a growing list of crypto service providers launching services in the UAE.
The Crypto Fear & Greed Index, a key measure of investor sentiment in the cryptocurrency market, has dropped 10 points in the last 24 hours.
David Wu, the CFO of OSL, Hong Kong’s digital asset exchange, said it’s a clear sign that the government is committed to providing a supportive environment for virtual assets.
South Korea’s Jeonbuk Province has seized 190 million won worth of cryptocurrency, which is about $138,000, from 31 individuals who failed to pay their local taxes.
After four consecutive days of outflows, Tuesday, June 18th marked a new low point.
Bitcoin has been “largely profitable” to investors, irrespective of the months of sideways movement witnessed since March 2024.
North Dakota Department of Financial Institutions (DFI) has revoked Binance.US’s money transmitter license due to non-compliance issues.
HashKey Global, a cryptocurrency exchange launched by Hong Kong’s HashKey Group for international customers, has entered the futures market with the launch of Bitcoin (BTC) and Ethereum (ETH) perpetual contracts.
The NFT market faced a significant reduction in trading volumes as compared to the 2021 bull market when the popularity of these tokens was at its peak.
Bitcoin’s decline triggered a chain reaction, impacting other cryptocurrencies, including Ethereum, which dropped 2.18% to around $3,440, while meme coins like Shiba Inu, PEPE, Dogwifhat, and Floki fell over 10%.
The recent notable cash outflows from US-based spot Bitcoin ETFs have increased overall crypto fear leading to ongoing altcoin selloff.
For Ethereum, Kaiko Research stated that the approval of the Ethereum ETF will lead to a long-term increase in price.
The liquidations primarily took place on centralized exchanges, with Binance recording the largest single liquidation order of around $4.21 million.
Favorable regulatory changes, such as the approval of spot Bitcoin ETFs, have contributed a lot to fueling this trend.