June 20 (Cointime) - Bitcoin and Ethereum have seen slight price increases, with concerns about their future due to uncertain industry and economic news. The Financial Times has raised questions about the transparency and fairness of market makers on various cryptocurrency exchanges, including Crypto.com.

June 20 (Cointime) - Crypto analyst Benjamin Cowen predicts that Cardano's bear market may continue for the rest of 2023 before hitting bottom. Cowen suggests that monitoring the ADA/BTC pair and its ability to hold at around 0.000004 BTC ($0.11) could signal a bottom for the smart contract protocol.

June 20 (Cointime) - The European Investment Bank (EIB), which is backed by the European Union (EU), has reported a cyber-attack that has impacted the availability of some of its key websites. While the bank's sites have been rendered inaccessible, Bitcoin and Ethereum have remained unaffected by cyber-attacks and continue to operate with almost 100% reliability and uptime.

June 20 (Cointime) - According to TradingView data, Bitcoin's market capitalization has once again surpassed that of all other cryptocurrencies combined, with the site's BTC dominance metric rising above 50% on Monday for the first time since May 2021. This comes after a decline in Bitcoin's price due to China's ban on crypto mining and Tesla distancing itself from the asset over environmental concerns. Other altcoins, including Ethereum, Cardano, Solana, and Polygon, have suffered relative to Bitcoin following a US regulator's lawsuit against Coinbase alleging that they are unregistered securities. However, Bitcoin's dominance is expected to continue growing as regulatory clarity eliminates confusion and anxiety among institutional investors.

June 20 (Cointime) - Cathie Wood, CEO and CIO of ARK Invest, has explained why her flagship fund, Ark Innovation, is increasing its position in Coinbase shares despite the SEC's lawsuit against Binance. ARK Invest purchased almost 330,000 shares of Coinbase on June 6, 2023, worth about $17 million at the time. Wood believes that if Coinbase wins its legal battles with the SEC, it will become the only cryptocurrency exchange in the USA.

June 20 (Cointime) - Analytics firm Glassnode reports that Bitcoin is being withdrawn from crypto exchanges and accumulated by long-term investors, or HODLers, ahead of the upcoming halving event. The steady outflow of BTC from exchanges suggests a significant accumulation wave, similar to those seen before previous Bitcoin bull markets. Glassnode's data also shows that Bitcoin's illiquid supply has reached an all-time high, with entities historically holding onto at least 75% of their coins. The next halving event is estimated to take place on April 14, 2024, and will reduce the amount of new BTC issued to miners.

June 20 (Cointime) - Indonesia's CFTSA has published a list of 501 cryptocurrencies that are permitted for trading in the country's physical crypto market, including major players like Bitcoin and Ethereum. This move highlights a more mature regulatory approach compared to the US SEC, which has yet to release a comprehensive list of acceptable digital assets for trading. The CFTSA's decision could potentially challenge the US SEC and prompt other countries to follow suit. The list was released after a thorough evaluation process in compliance with domestic regulations.

June 19 (Cointime) - Bitcoin's liquidity is declining, with the Highly Liquid Supply indicator near a cycle low of 2.94 million BTC, a decrease of 620,000 BTC since January 2022. This suggests a significant contraction in the actively tradeable supply, resulting in a decline in liquidity and constrained supply.

June 19 (Cointime) - Bitcoin's price has fallen by over 16% since reaching a high of $31,000 two months ago, disappointing directional traders who had bet on its rise. However, the cryptocurrency is still up almost 60% year-to-date, outperforming the Nasdaq's 38% increase. The weakening of the dollar and the decreasing volatility of the bond market may be positive for Bitcoin, as any decline in the dollar is beneficial for the cryptocurrency. Despite the SEC's anti-crypto stance, BlackRock's application for a spot-based Bitcoin ETF indicates that institutional demand for Bitcoin-based products remains strong.

June 19 (Cointime) - The past week has been significant for the Bitcoin and crypto markets, with the US Federal Reserve's interest rate decision and BlackRock's application for a Bitcoin spot ETF.