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Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million

The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it…

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Nigerian Interest in Crypto Persists Despite Crackdown; Meme Coins Prevail in Country’s North

In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant…

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Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice

Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since…

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Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand

After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds…

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Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames

Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization…

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Gemini Taps Kaiko for Enhanced Cryptocurrency Derivatives Trading

Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see…

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US Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC

On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC…

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Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold

Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March,…

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