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ALL From Cryptocurrency

SEGA’s Alex The Kidd Players Turn Into Meme Enthusiasts Due to Alex The Doge (ALEX) Presale

June 20 (Cointime) - The launch of a new meme token called Alex The Doge (ALEX) has caused a crossover between cryptocurrency investors and nostalgic video game enthusiasts. The token is named after the SEGA classic platformer hero, Alex The Kidd, and is part of the Miracle Verse ecosystem, a play-to-earn platform built on the Polygon network. The fusion of gaming and crypto is attracting attention from both communities, with many Alex The Kidd fans becoming meme token enthusiasts. This convergence is indicative of the growing appeal and accessibility of cryptocurrency, and could be a harbinger of the future direction of the crypto-verse.

Mastercard Files Trademark Application for Cryptocurrency and Blockchain-Based Tools

June 19 (Cointime) - Mastercard, the payment processor giant, has filed a trademark application for cryptocurrency and blockchain-based tools, indicating its continued support for digital currencies.

Litecoin's Daily Active Users Jump by 8.86% Despite Slumped Price

June 19 (Cointime) - Litecoin's price has decreased by 0.11% over the past 24 hours, currently sitting at $77.26. However, the cryptocurrency has seen a significant increase in its daily active users, with a jump of 8.86% to 433,170 addresses. This growth in usage is crucial for the protocol's future price surge. Additionally, Litecoin has surpassed two major milestones, reaching 200 million total addresses and surpassing five million Ordinal Inscriptions. These growth metrics, combined with its 100% uptime and halving sentiment, make Litecoin one of the most used protocols after Bitcoin, Ethereum, and XRP.

Flare Networks Sees Bullish Growth Trend with 8.56% Increase in 24 Hours

June 19 (Cointime) - Flare Networks, a blockchain protocol connected to Ripple, has experienced a significant increase in growth, with an 8.56% rise in the past 24 hours. This has resulted in the cryptocurrency being traded at $0.01553.

Bitcoin's Price Pullback and Institutional Interest in Bitcoin-based Products

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.

Shiba Inu Emerges as #1 Coin on LunarCrush's AltRank with Skyrocketing Social and Market Activity

June 19 (Cointime) - Shiba Inu has become the top-ranked coin on LunarCrush's AltRank list due to a surge in social and market activity over the past 24 hours. The cryptocurrency has surpassed all 4,481 other coins in the market, thanks to its impressive combined social and market activity.

The Euler Hacker Resurfaces with Cryptic Messages Encoded in Transactions

June 19 (Cointime) - The infamous Euler hacker, who returned $200 million in stolen cryptocurrency, has resurfaced with cryptic messages encoded within transactions. The messages, written in Spanish, urge beginner hackers to pursue ethical bounties instead of engaging in illicit activities.

Hong Kong’s Cyberport Attracts Over 150 Web 3.0-Related Companies in the Past Year

June 19 (Cointime) - According to Hong Kong's financial secretary, Paul Chan, Cyberport, a technology business park supported by the government, has received registrations from over 150 Web 3.0-related companies in the past year.

Bitcoin Price Surges Above $26,000 Resistance, Could Continue to Rise

June 19 (Cointime) - Bitcoin has surpassed the $26,000 resistance level and could continue to rise if it clears the $26,800 zone. The cryptocurrency has experienced a recovery wave and is trading above $26,000 and the 100 hourly Simple moving average.

Uniswap's v4 Release Generates Excitement and Criticisms in Cryptocurrency Community; User Activity Increases but Revenue Streams Decline

June 19 (Cointime) - Uniswap's recent v4 release has garnered attention from the cryptocurrency community, but some social media users have expressed concerns about the benefits and incentives for UNI token holders.