Cryptocurrencies

Standard Chartered gave an optimistic forecast for Uniswap, demand for decentralized AI is growing worldwide, and the Pudgy Party game from Pudgy Penguins is no longer available — these and other crypto news items from the morning of June 16 are in our roundup. Behavior of the cryptocurrencies leading by market cap Bitcoin (BTC), according to TradingView, started the day with a decline. As of 07:38 (MSK),

Brian Armstrong is more bullish on Bitcoin than ever, citing the 4-year cycle and forecasting a far higher price by 2030.

CryptoQuant analyst Woo Mingyu believes that large Bitcoin (BTC) holders have finished selling off and turned the trajectory of their supply upward, triggering a price rebound to $65,704.89. By his estimate, the transfer of coins from less resilient holders to whales is fully complete. The key signal is a reversal in the supply of large holders. According to Woo Mingyu, on June 14 a twelve-day decline in aggregate

Over five days, the owner of address 0xa2e8 made just 10 ETH trades, playing now long, now short, and closed nine of them at a profit. The cumulative result was about $4.93 million, with a win rate reaching 90%. Right now the trader is sitting in a large short: 17,000 ETH for $29.2 million at 20x leverage via cross-margin, and this comes after

Between June 8 and 14, Strategy acquired 1,587 BTC for $100 million at an average price of $63,024 per coin. After the deal, the firm's total reserves reached 846,842 BTC. The market value of the portfolio is estimated at $56.6 billion, equivalent to 4% of the asset's total supply. Source: BitcoinTreasuries. To buy the coins, the company used proceeds from the sale of […]