Bitcoin Price Analysis: Bulls Eyeing 27805 – 15 June 2023

BTC/USD Bulls Eye 27805:  Sally Ho’s Technical Analysis – 15 June 2023 Bitcoin (BTC/USD) continued its recent volatile trading activity early in the Asian session as the pair has been unable to sustain a break of the 27000 figure following strong selling pressure that emerged around the 28473.93 area.  Buying pressure recently had remained strong […]

SEC In a Difficult Position as Hinman Docs Are Unsealed

The long-awaited Hinman documents were unsealed and revealed to the public on June 13. The documents provide insight into William Hinman’s speech which stated that Ether is not a security. The highly anticipated Hinman documents were unsealed and released to the public earlier this week. The documents contain internal communications within the SEC, which provide […]

Here’s what happened to Arbitrum post-airdrop

The number of new wallets making initial transactions has gradually decreased post-airdrop, indicating a decline in new user adoption following the event. On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new […]

Bitcoin Mining Difficulty Reaches Unprecedented Highs Amidst Challenging Market Conditions

On Wednesday, June 14, 2023, at block height 794,304, the Bitcoin network recorded its third consecutive mining difficulty increase since May 18. The mining difficulty climbed by 2.18%, bringing the overall difficulty to another unprecedented high at 52.35 trillion. Bitcoin Mining Difficulty Hits All-Time High Amidst Price Dip Bitcoin’s mining difficulty experienced yet another surge […]

Another South Korean crypto platform temporarily suspends withdrawals

South Korean crypto lending platform Delio announced on June 14 that it would temporarily halt withdrawals by 18:30 (KST) today to protect customers’ assets. Decision blamed on Haru situation The company attributed its decision to the heightened market volatility following Haru Invest’s suspension of deposits and withdrawal services. On June 13, Haru halted transactions on […]

US Lawmakers to Vote on Crypto Bill in Coming Weeks

Coinspeaker US Lawmakers to Vote on Crypto Bill in Coming Weeks Patrick McHenry, a House Republican lawmaker, plans to introduce legislation around crypto regulations after lawmakers return to work on July 11. The bill includes detailed information about the use of cryptocurrencies. The lawmaker stated at a hearing on Tuesday: “I intend for this committee […]