InvestaFeed.com | Page 141 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

First Mover Americas: Bitcoin Falls Below $67K as ETFs’ Inflows Streak Ends

The latest price moves in bitcoin (BTC) and crypto markets in context for June 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

11 Jun 2024

Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress

While the Dow continues to struggle, the Nasdaq 100 is back at its previous peak. The Nikkei 225 has made a solid start to the week and is looking to move higher.

Forex

11 Jun 2024

USD/JPY Drifts Higher, Will the BoJ Announce Bond Tapering at Friday’s Policy Meeting?

As the US dollar continues to strengthen against the Japanese Yen, all eyes are now on the Bank of Japan’s monetary policy meeting on Friday.

Forex

11 Jun 2024

May Top Trader Program Winners

Winners are in! Congratulations to the May Top Traders! Check your User ID in the list below to see if you made it to the May leaderboards and bagged a share of the Php 400,000 rewards pool!

Cryptocurrency

11 Jun 2024

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

Cryptocurrency

11 Jun 2024

Bitcoin ETFs See $65M Net Outflows on Monday, Breaking 19-Day Record Streak

Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.

Cryptocurrency

11 Jun 2024

Cardano Is on Track for Voltaire Upgrade This Month, Co-Founder Hoskinson Says

The network is ready for its Chang fork and waiting for 70% of operators to install the new node.

Cryptocurrency

11 Jun 2024

UK Sheds Jobs but Pay Grows to 5.9% – Complicating BoE Rate Outlook

UK job losses accelerated in May by over 50,000 – the most since February 2021 while pay growth rose. The Bank of England meets next week to set interest rates

Forex

11 Jun 2024

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

Cryptocurrency

11 Jun 2024

ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here’s What to Expect

According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."

Cryptocurrency

11 Jun 2024

BSP Issues Standards on Consumer Redress Mechanism for Electronic Fund Transfers

PDate: 6/11/2024
Content: The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved on 30 May 2024 the issuance of Circular No. 1195 on the Consumer Redress Mechanism Standards for Account-to-Account Electronic Fund Transfers (EFTs) under t...

News

11 Jun 2024

Bitcoin Slips Below $68K as ETFs Bleed $64M, Asian Stocks Decline

The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday.

Cryptocurrency

11 Jun 2024

Monetary Board Cancels Bangko Sentral ng Pilipinas Registration of FOREIGNEX INC. to operate as Money Changer/Foreign Exchange Dealer

PDate: 6/11/2024
Content: The Monetary Board, in its Resolution No. 250.A dated 29 February 2024, approved the cancellation of the BSP registration of FOREIGNEX INC. to operate as Money Changer/Foreign Exchange Dealer, pursuant to Section 901-N ...

News

11 Jun 2024

Ticket launch details, on-chain raffle-auction, and programming tracks revealed

With just five months to go, we are entering the hot phase before Devcon! The Supporter Program, Impact Forum, and Devcon Scholars have already launched, bringing us closer to the Devcon ticket launch. Today we are sharing the details on how to get yo...

Cryptocurrency

11 Jun 2024

AI-Linked Crypto Tokens Underperform as Apple’s Event Fails to Impress Traders

Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.

Cryptocurrency

10 Jun 2024

Optimism Finally Gets Its Mission-Critical ‘Fault Proofs’

For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.

Cryptocurrency

10 Jun 2024

In Defense of Meme Coins

The only thing worse than meme coins is complaining about the financialization of memes.

Cryptocurrency

10 Jun 2024

FOMC Preview: Dot Plot to Reveal Fewer Rate Cuts in 2024

Stubborn inflation and a robust labour market are likely to add to concerns FOMC members are having around cutting interest rates prematurely. Even growth is on track for a recovery

Forex

10 Jun 2024

Solana Heavyweights Wage War Against Private Mempool Operators

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Cryptocurrency

10 Jun 2024

EU Vote See Reelection of Some Officials With Key Roles in Bloc’s Crypto Journey

Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation.

Cryptocurrency

10 Jun 2024

Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but indust...

Cryptocurrency

10 Jun 2024

Coinbase’s Former Head of Communications Joins Worldcoin

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Cryptocurrency

10 Jun 2024

Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race

Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.

Cryptocurrency

10 Jun 2024

Why Zoomers Should Embrace Bitcoin: An Open Letter to Gen Z

A high school junior makes the case to her peers.

Cryptocurrency

10 Jun 2024

Squads Labs Raises $10M Series A, Unveils Smart Wallet for Public Testing on iOS

The funding round led by Electric Capital included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder.

Cryptocurrency

10 Jun 2024

Macron Calls Surprise French Election That’s Unlikely to Stir Crypto, Is Likely to Shake Up Government

The French president called a snap election after an unexpectedly poor showing in voting for the European Parliament.

Cryptocurrency

10 Jun 2024

Gold and Silver Struggling to Push Higher, UST 2Yr Yields Remain Elevated

Gold and silver are trying to recover some of last Friday’s post-NFP heavy losses but further gains may be limited ahead of the latest look at US inflation and the FOMC policy decision.

Forex

10 Jun 2024

Crypto Custody Firm Fireblocks Partners With Coinbase International Exchange for More ‘Reliable’ Trading

Fireblocks customers can now connect to their Coinbase International Exchange account and protect exchange operations using the custody tech firm’s governance and policy rules.

Cryptocurrency

10 Jun 2024

Defi Protocol UwU Lend Suffers $19.3M Exploit: Arkham

Lending and liquidity protocol Uwu Lend has suffered an exploit worth $19.3 million, according to several blockchain security firms.

Cryptocurrency

10 Jun 2024

Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain

The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets.

Cryptocurrency

10 Jun 2024