June 16 (Cointime) - Investors in cryptocurrency are becoming more cautious about who they do business with due to the sudden collapses of several platforms last year. They fear that a regulatory crackdown will put more pressure on remaining firms.

June 16 (Cointime) - Blockchain data shows that a Bitcoin whale has transferred over 50 BTC, worth more than $1.2 million, that had been sitting still for over 13 years. This follows similar movements of long-term untouched Bitcoin in April, when holders moved $7.8 million and $11 million worth of Bitcoin after 10 and 11 years of inactivity, respectively.

June 16 (Cointime) - In the past 24 hours, wealthy investors of Dogecoin have transferred hundreds of millions of dollars worth of the meme cryptocurrency. Whale Alert, a platform that tracks large transactions, reported seven similar transfers, with only one being under $48 million.

June 16 (Cointime) - Mark Cuban, a billionaire and cryptocurrency advocate, has defended the cryptocurrency industry while criticizing the traditional banking system. He responded to criticism from former SEC official John Reed Stark, highlighting the irony in Stark's criticism of "groupthink" among cryptocurrency users.

June 16 (Cointime) - Bitcoin, the largest cryptocurrency, experienced a 3% decline on June 14th, dropping below $25,000 and reaching a price level not seen since mid-March. This has led many to believe that the recent bull run for BTC was a fakeout, especially with mounting regulatory pressure from the US Securities and Exchange Commission.

June 16 (Cointime) - Dallas College and the Texas Blockchain Council (TBC) have partnered to offer students a new Blockchain and Cryptocurrency Advanced Technical Certificate. The collaboration focuses on hands-on learning and aims to prepare students for the digital economy.

June 15 (Cointime) - ResearchHub, the startup co-founded by Coinbase CEO Brian Armstrong to accelerate the pace of scientific research using cryptocurrency, has raised $5 million in a funding round.

June 15 (Cointime) - Nigeria has recently allowed banks and forex market actors to trade the nation's currency, the naira, freely. This move could have implications for crypto traders, as fluctuations in the value of the naira against other currencies, including cryptocurrencies, may impact the profitability of crypto trades. Increased volatility could result in wider bid-ask spreads, making it more expensive to buy or sell cryptocurrencies using the naira. To mitigate any possible negative effects of this new policy on the crypto market and the economy at large, the Nigerian government could introduce cryptocurrency policies to foster a more liquid and efficient trading environment.

Web3 short video platform Cheelee completed a financing of 10 million US dollars, venture capital fund VC SILA participated in the investment. Cheelee has raised a total of $32.75 million in financing to date. The new funds will be used to accelerate the development and marketing of its vertical video social networking applications. Cheelee aims to promote the adoption of Web3 and cryptocurrency through the game player community. Users can watch and generate game video content through their NFT glasses to obtain Token incentives.

Miami's Bitcoin-friendly Mayor Francis Suarez has filed paperwork with the Federal Election Commission to run for President in the 2024 election. Despite facing competition from high-profile candidates such as former President Donald Trump and Florida Governor Ron DeSantis, Suarez has already been elected twice as Mayor of Miami.