June 15, 2023

My mother is a great source of advice and wisdom and consolation for me.

-Katherine Heigl

Cryptocurrency prices have taken a sharp dip this week following the Federal Reserve's decision and regulatory concerns. Bitcoin dropped below the key support levels at $25,300 and $25,000, while XRP has formed a double-top pattern on the daily chart. Altcoins have also erased their gains, with some of the most popular coins such as Hedera Hashgraph, Stacks, and XRP seeing significant losses. Despite the current market conditions, investors are still optimistic about the future of cryptocurrencies and are looking for potential price predictions.

Source: coinjournal

Hong Kong is taking a positive approach to digital assets, with the Hong Kong Monetary Authority (HKMA) pushing financial institutions to accept cryptocurrency companies as clients. The HKMA has legalized cryptocurrencies for retail clients, and the Securities and Futures Commission (SFC) has started accepting applications for cryptocurrency trading. Banks have been encouraged not to shy away from onboarding crypto business, and Coinbase has even received an invite from one of Hong Kong’s legislators to set up operations in the country. This is in stark contrast to other countries, where cryptocurrency exchanges are struggling to get banking services due to a crackdown in the sector.

Source: financemagnates

This wallet was linked to a series of ransomware attacks, and the funds were funneled through a mining pool in order to disguise the origin of the digital assets. This allowed the attackers to make it appear as if the funds were earned through mining, rather than through malicious activity. The mining pool was used to launder the funds, making it difficult to trace the source of the money.

Source: cointelegraph

The crypto lender has proposed a strategy to maximize the value of its assets and quell growing regulatory concerns. This strategy involves converting all its altcoin holdings into Bitcoin and Ethereum, two of the most popular and widely accepted cryptocurrencies. This move is expected to provide the lender with greater liquidity and stability, while also allowing it to take advantage of the potential upside of the two leading cryptocurrencies.

Source: cointelegraph

The rise of AI in 2023 has had a major impact on the crypto industry, with several projects working to adopt the technology. Tokens such as InQubeta are providing a platform for AI enthusiasts to invest in the most cutting-edge AI start-ups, while AltSignals is directly adopting the tech, allowing its users to access AI-driven trading signals and automated trading bots. Additionally, AI-driven projects such as AIChain are creating a decentralized AI marketplace, allowing users to buy and sell AI-related services and products. All of these projects are helping to revolutionize the crypto industry and usher in a new era of AI-driven innovation.

Source: tronweekly

The Federal Reserve recently made the decision to hike interest rates again, but the situation appears to be quite different according to various bitcoin and crypto analysts. This is the tenth hike instituted by the Fed over the past year or so, and many believe this could be the catalyst for a surge in the price of Bitcoin. Analysts are expecting the increased demand for Bitcoin as a result of the rate hike to drive up the price of the cryptocurrency, as investors look for alternative investments to hedge against the effects of inflation. This could be a great opportunity for investors to capitalize on the potential of Bitcoin and other cryptocurrencies.

Source: livebitcoinnews

$25,010.02 ^-3.72%

$1,640.04 ^-5.88%

$1.00 ^-0.24%

$233.29 ^-5.63%

$1.00 ^-0.02%

*Prices Last Updated: 06-15-2023 8:34am ET

$0.00 ^+227.81%

$0.00 ^+52.12%

$0.16 ^+44.22%

$0.01 ^+36.33%

$0.34 ^+15.15%

*Prices Last Updated: 06-15-2023 8:34am ET

$0.32 ^-56.60%

$0.03 ^-55.59%

$0.40 ^-54.17%

$0.02 ^-53.70%

$0.66 ^-44.56%

*Prices Last Updated: 06-15-2023 8:34am ET

15,311 BTC

$397,186,620

15,251 BTC

$395,637,820

15,273 BTC

$383,533,380

150,000 ETH

$260,933,607

150,000 ETH

$260,933,606

150,000 ETH

$260,933,605

*Transactions Last Updated: 06-15-2023 8:34am ET

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