New Zealand Targeting Crypto or Criminals? Introduces Ban on Crypto ATMs

New Zealand has announced a complete ban on crypto ATMs, aiming to crack down on crypto-linked financial crime. Also, the government introduced a cap of $5,000 on international cash transfers as part of a broader reform of its AML and anti-terrorism financing framework. Associate Justice Minister Nicole McKee announced the reforms on June 9, promising…

Ethereum Price Targets $4K With Over 3.45 Million ETH Accumulation Recently

Ethereum ETH $2 559 24h volatility: 0.3% Market cap: $308.90 B Vol. 24h: $16.38 B price is once again showing strength with over 3% upside in the last 24 hours, moving past $2,600 with heavy whale accumulation. The recent upside comes on the backdrop of strong institutional demand, SharpLink Gaming’s ETH treasury plans, and strong…
Cardano (ADA) on the Verge of Breaking Crucial Resistance Amid 7% Surge

Cardano (ADA) on the Verge of Breaking Crucial Resistance Amid 7% Surge

Cardano ADA $0.58 24h volatility: 1.0% Market cap: $20.89 B Vol. 24h: $581.68 M price is gaining attention in the crypto market again. ADA rose by more than 7% this week to $0.59 and is now approaching a key resistance point at $0.60. Even with this gain, it is still almost 50% below its high…
Uniswap Records Historic Surge in Dormant Activity: Santiment

Uniswap Records Historic Surge in Dormant Activity: Santiment

Uniswap’s UNI $7.42 24h volatility: 0.6% Market cap: $4.46 B Vol. 24h: $277.39 M market capitalization has jumped 21% from its June 22 monthly low amid renewed activity in dormant wallets. At the time of writing, UNI is trading around $7.77, gaining 5% in the past day and over 23% this month. CoinMarketCap data shows…

Meme Coin Peanut the Squirrel (PNUT) Rallies After Elon Musk’s Tweet

Meme coin Peanut the Squirrel PNUT $0.21 24h volatility: 5.1% Market cap: $211.57 M Vol. 24h: $104.45 M , named after the viral squirrel named Peanut, is once again in the limelight, surging over 7% to $0.235 earlier today following Elon Musk’s recent tweet. The daily trading volume for PNUT has shot up by 150%…

Circle and OKX Inks Partnership to Deepen USDC Stablecoin Liquidity

Stablecoin issuer Circle and OKX have entered into a new partnership aimed at strengthening USDC stablecoin liquidity. The move will enable users on OKX’s platform to convert US dollars to USDC and vice versa at a 1:1 rate. This change is expected to make it easier for millions of users to move money in and…

Trump’s Investments Might Go Unchecked in Senate’s Crypto Bill

The GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act) is expected to strengthen the crypto ecosystem with high expectations of being approved. According to a report by ABC News, the US Senate will likely approve the bill on June 17. The document will subsequently be submitted to the United States House of…
Tornado Cash Comeback? Paradigm & EF Support Sends TORN Up 7%

Tornado Cash Comeback? Paradigm & EF Support Sends TORN Up 7%

Tornado Cash TORN $9.46 24h volatility: 5.8% Market cap: $36.02 M Vol. 24h: $2.66 M is staging a remarkable rebound, surging over 7% in the last 24 hours to trade near $9.92 amid renewed legal and community support for its embattled co-founder Roman Storm. The rally comes as crypto venture firm Paradigm and the Ethereum…

Arthur Hayes: Stablecoin IPOs Are Exploding “Hot Potatoes”

BitMEX co-founder Arthur Hayes has warned that several overhyped stablecoin companies would follow the recent public listing of Circle (CRCL). On June 16, Hayes declared that Circle’s IPO marks the beginning of a “stablecoin mania” cycle, one that will ultimately see most new entrants fail. The expert predicted that a bubble will form and burst…

How Chainlink Is Preparing for US Stablecoin Market Evolution?

The US stablecoin market is undergoing a major transition as the GENIUS Act is likely to get approval soon. Chainlink CEO Sergey Nazarov stated that his blockchain platform is all set to cater to the demands for proof-of-reserves and cross-chain connectivity. In his detailed post on the X platform, Nazarov stated that the impending US…