Shiba Inu Coin Burn Rate Surges Nearly 7,000% Amid Price Spike
June 22 (Cointime) - The burn rate of Shiba Inu coins has increased by a staggering 6,936% within the last 24 hours, with 341 million SHIB coins being moved to dead wallets. The majority of the burned coins were transferred in a single transaction to an anonymous wallet.
Crypto Analyst Predicts 100% Price Increase for Ethereum Rival Solana Amid Market Bounce
June 22 (Cointime) - According to a popular crypto trader, Solana (SOL) could potentially double in price as the cryptocurrency market rebounds.
'Great Bitcoin Accumulation' Race is Underway Claim Industry Experts
June 22 (Cointime) - The sentiment in the Bitcoin and crypto market has shifted from extreme fear to euphoria this week as BTC reaches $30,000 again. This comes after the recent crackdown on the industry by US financial regulators.
Bitcoin Leads Bull Market as Global Market Cap Jumps 3.8% in One Day
June 22 (Cointime) - The global market cap has increased by 3.8% in a day of trading, reaching $1.18T as of press time, indicating continued bull domination. Bitcoin has seen a 4% gain within 24 hours of trading, now trading above the $30K mark, with a weekly gain of 20%.
Ex-Goldman Sachs Executive Urges Investors to Buy Bitcoin and Crypto Now
June 22 (Cointime) - Raoul Pal, CEO of Real Vision, advises investors to start buying digital assets, including Bitcoin and other cryptocurrencies, due to favorable macroeconomic conditions. He predicts that the Exponential Age will cause AI and other innovative technology stocks to rise, along with crypto assets.
Bitcoin Miners' Inflow Increases as Mining Costs Rise and BTC Price Surges
June 22 (Cointime) - Bitcoin's price has increased by over 8% in the past 24 hours, which could have a positive impact on the coin's mining industry. Miners had been forced to sell their BTC holdings due to the coin's price remaining under the $28,000 mark for multiple weeks, resulting in a decline in revenue and an increase in mining costs.
Bitcoin Continues Uptrend, Surpasses $30,000 Amid Flood of ETF Applications and Whale Transactions
June 22 (Cointime) - Bitcoin, the world's largest cryptocurrency, has continued its upward trend this week, surpassing $30,000. Its market cap is now at $588 billion, with a 5.47% increase in trading price. The recent price rally is attributed to the flood of spot Bitcoin ETF applications to the SEC, with BlackRock's filing triggering the trend.
Bitcoin's Rise Above $30,000 Triggers Bullish Crossover and Potential Target of $50,000
June 22 (Cointime) - Bitcoin has risen over $5,000 in the past week and is now trading at $30,000, which is significant because it has turned momentum on monthly price charts bullish for the first time since August 2021. The cryptocurrency is also back above a technical resistance level that has prevented a bull run for several months, which could lead to further gains.
Ethereum Price Surges Over 6% and Might Soon Test $2,000 Resistance Zone
June 22 (Cointime) - The price of Ethereum is surging above $1,850 against the US Dollar, following Bitcoin's rally and may soon test the $2,000 resistance zone. It is currently trading above the 100-hourly Simple Moving Average and there is a key bullish trend line forming with support near $1,890 on the hourly chart of ETH/USD.
Bitcoin Price Surges Above $30,000 and Bulls Aim for $32,000
June 22 (Cointime) - Bitcoin's price has surged above $30,000 and is up over 10%, with bulls potentially aiming for a move to $32,000. The cryptocurrency is trading above $29,500 and the 100 hourly Simple moving average, with a key bullish trend line forming with support near $30,250.
