Crypto News [14 June 2024]

1) Taiwan forms a crypto industry association as a major step toward self-regulation. Read more: https://t.co/S7k8sEb3My

2) Gary Gensler stated that Ethereum ETFs are likely to be approved by the end of the summer. Read more: https://t.co/E4dbzf7M8Z

3) Venture capital firm Paradigm said it has raised $850 million for its third fund, which will focus on early-stage crypto projects. Read more: https://t.co/9vA0z7wQf1

4) Uniswap (UNI) is looking strong and might aim for higher levels above the $10 resistance. After weeks of poor performance, altcoin appears to be showing a reversal pattern, potentially staging a breakout. This unexpected reversal hints at a bullish breakout for Uniswap. Read more: https://t.co/OEFb3I4I0M

5) BOME stands out among meme coins by defying the market downturn with its rapid rise in popularity and significant gains in price and market capitalization. Read more: https://t.co/Z4Y4QMoIji

6) The founder of Cardano claims that Elon Musk may hold 20% of the Dogecoin supply. Read more: https://t.co/070lQDYFsj

7) MicroStrategy has announced its intention to sell US$500 million in convertible bonds, specifically to finance the purchase of more Bitcoin. Read more: https://t.co/pgRBmxYMc4

8) The Federal Reserve's decision to keep rates steady drew criticism from analysts and coincided with a downturn in the crypto market. Read more: https://t.co/YDeqNDROVz

9) Cardano’s [ADA] 6% price decline in the past seven days has presented a buying opportunity for those looking to trade against the market. Read more: https://t.co/2MEyPjohbr

10) Bitcoin miners move operations to Southeast Asia amid China Crypto ban . One example is Bityou, a mining company located in Tanjung Manis, Sarawak, Malaysia. Read more: https://t.co/f3H7mSvUbD

Note: This information is provided for informational purposes only and should not be considered financial advice.

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