Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services - Cryptocurrency news - NewsLocker (2024)

Denver, United States, June 18th, 2024, Chainwire Renzo, the Liquid Restaking Protocol, today announced $17M in funding. As of today, nearly $4B is already restaked with Renzo. The funding, which took place across two rounds, was first led by Galaxy Ventures and the second round led by the Nova Fund – BH Digital (based in…
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Is Germany selling its BTC? Arkham-tagged wallet sparks curiosity

The German government labeled wallet heled 50,000 BTC since February earlier this year and moved out 6,500 BTC on June 19.

Iran to launch public CBDC pilot in June

Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between the buyer and the seller.

Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?

Bitcoincurrent position at the $64,515 support level has sparked significant interest among traders and analysts. This key threshold is seen as a critical juncture that could dictate the cryptocurrency’s near-term trajectory.On the one hand, bullish proponents argue that robust fundamentals and renewed investor interest could propel Bitcoin higher. On the other hand, bearish sentiment driven by macroeconomic pressures and regulatory uncertainties suggests a potential crash.&nbs

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National Australia Bank’s Venture Arm Invests in Crypto-Focused Zodia Custody

NAB Ventures made an undisclosed investment in Zodia Custody, which is also backed by Standard Chartered, Northern Trust and SBI Holdings.

Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.

SEC Ends Probe Into Consensys, Won't Sue Over Ethereum

The U.S. regulator closed its investigation into "Ethereum 2.0," Consensys said.

Nomura crypto arm Laser Digital bags Abu Dhabi license

The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations.

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SEC Ends Probe Into Consensus, Won't Sue Over Ethereum

The U.S. regulator closed its investigation into "Ethereum 2.0," Consensys said.

Montenegrin PM among early investors in Do Kwon’s Terraform Labs: Report

Prime Minister Spajic was among the early investors who invested in Terraform Labs just days before it was registered in Singapore on April 23, 2018.

Montenegrin PM among early investors in Do Kwon’s Terra (LUNA): Report

Spajic was among the early investors who invested in the firm just days before its formation. Terraform Labs LTD was registered in Singapore on April 23, 2018.

Montenegrin PM among early investors in Do Kown’s Terra (LUNA): Report

Spajic was among the early investors who invested in the firm just days before its formation. Terraform Labs LTD was registered in Singapore on April 23, 2018.

Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012

The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.

Altcoin Massacre? Prices Plummet 40-90%, Recovery Stalled — Analyst

The once-sizzling altcoin market is facing a harsh reality check. Prices have plummeted a staggering 40-90% in recent months, mirroring past crashes but with a glacial pace that’s leaving investors numb. Renowned crypto analyst Daan Crypto sees this as a necessary correction, albeit a slow and potentially painful one.Echoes Of Crashes Past, But With A Muted Roar
Seasoned crypto veterans might be experiencing a sense of deja vu. The scene: altcoin prices in freefall, portfolios hemorrhaging

Flipster and TON Announce Exciting New Partnership

Warsaw, Poland, June 19th, 2024, Chainwire Flipster, the leading crypto derivatives trading platform, is excited to announce a partnership with TON (The Open Network). This partnership enhances Flipster’s platform’s capabilities by enabling deposits via the USDT TON network, expanding the range of deposit options available to users. To mark this partnership, Flipster is offering users…
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Martin Shkreli Says He is Behind Trump-Linked DJT as ZachXBT, GCR Start Poking Around

The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance.

IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency

Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said.

ABS2024 in Taipei: AI, Blockchain, and the Future of Governance, 15,000 Attendees Are Expected

Taipei, Taiwan, June 19th, 2024, Chainwire Vitalik Buterin, Audrey Tang, and Glen Weyl to Headline the Plurality Summit at ABS2024 The Asia Blockchain Summit 2024 (ABS2024) is set to take place from August 06-08 at the Taipei Nangang Exhibition Center. ABS2024 promises to be a marquee event in this year’s tech calendar. ABS2024 is hosted…
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Bitcoin price uptrend ‘intact’ with hodlers 120% in profit — Research

Bitcoin hodlers face “boredom and apathy” but are not engaging in mass distribution — even as the BTC price dip erodes unrealized profits.

Bitcoin price uptrend 'intact' with hodlers 120% in profit — Research

Bitcoin hodlers face "boredom and apathy" but are not engaging in mass distribution — even as the BTC price dip erodes unrealized profits.

This Is The Biggest Issue With Altcoins This Cycle: Crypto Analyst

In a thread on X, Miles Deutscher, a renowned figure in the crypto analysis sector, has dissected what he views as a critical flaw in the current altcoin market. Addressing his extensive following, Deutscher elaborated on the impact of the rapid increase in the number of new crypto tokens, an issue he believes to be at the core of the altcoins’ underperformance in this cycle.
The Proliferation Of Crypto
Since April 2024, the crypto landscape has witnessed the introduction of over 1 million

Bitwise’s amended Ethereum ETF filing says Pantera interested in $100M buy

Asset management firm Bitwise has disclosed Pantera is interested in buying its upcoming spot Ether ETF, but it could spend more, less — or nothing at all.

Bitwise amended Ethereum ETF filing says Pantera interested in $100M buy

Asset management firm Bitwise has disclosed that Pantera is interested in investing as much as $100 million in its upcoming spot Ether ETF, but it could spend more, less or nothing at all.

Institutional DeFi players will bring commercial real estate onchain: KPMG exec

DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said.

Patrick McHenry Explains FIT21's Passage

Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and will leave office when his term expires this coming January. He spoke virtually at Consensus 2024 in Austin at the end of May.

Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO

LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners.

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC?

Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a significant decline on Tuesday, echoing the broader downtrend in the cryptocurrency market. Fueled by worries about the global economy and reduced summer liquidity, Bitcoin dropped below the $65,000 mark for the first time since May 16.
Notably, Ethereum (ETH) also faced a 4% loss, trading at $3,400, while other cryptocurrencies, such as XRP, Solana (SOL), and dogecoin (DOGE), suffered even bigger declines.
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Can Cardano (ADA) Reclaims This Resistance and Gain Bullish Momentum?

Cardano (ADA) extended losses and tested the $0.360 zone. ADA is now rising and might attempt to clear the $0.400 resistance zone.ADA price remained in a bearish zone and settled below $0.40.
The price is trading below $0.400 and the 100-hourly simple moving average.
There is a connecting bullish trend line forming with support at $0.3760 on the hourly chart of the ADA/USD pair (data source from Kraken).
The pair could gain bullish momentum if there is a close above $0.400.Cardano Price Remains

North Dakota latest US state to revoke Binance.US license

North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case.

Ripple (XRP) Range-Bound Struggle: Will It Break Free?

XRP price is struggling to gain bullish momentum above $0.50. The price must settle above $0.50 and $0.520 to start a steady increase in the near term.XRP price extended losses before it found support near the $0.4765 zone.
The price is now trading above $0.4850 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $0.4980 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could start a decent increase if it settles above