News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.

1US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock's Jay Jacobs2Accenture stock plummets 18% to near ten-year low under dual pressure from AI impact and Middle East turmoil3Is SpaceX the Ultimate Exit Liquidity for Billionaires?

Solana Hits $1.5 Billion in Stablecoin Inflows as SOL Price Rises 246%
BeInCrypto·2024/06/05 16:58

BOOK OF MEME (BOME) Faces Consolidation After Breaking Away From Bitcoin
BeInCrypto·2024/06/05 16:58
Price analysis: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.
Cointelegraph·2024/06/05 16:29


Sam Bankman-Fried Back In NYC Prison Following Transfer To Oklahoma
Cryptonews·2024/06/05 16:16

Cardano DeFi Hub Cerra.io – Gears up for a Public Sale
Cryptonews·2024/06/05 16:13


Ethereum (ETH), Ripple (XRP), and Rollblock (RBLK): Will The Market Rally To New Highs In June?
Cryptonews·2024/06/05 16:13

3 signs that Ethereum price will finally break $4K in June
Cointime·2024/06/05 16:11
Largest Bitcoin mining firm sold 63% of mined BTC in May
Cointelegraph·2024/06/05 16:10
Flash
00:31
Australia announces another one-month extension of fuel excise tax reduction(1) The Australian Prime Minister stated on Sunday that due to the ongoing conflict in Iran, domestic fuel prices remain high. The government has decided to extend the fuel excise tax reduction policy by another month. (2) According to the policy, in July, gasoline and diesel will be 16 Australian cents per liter cheaper than the regular price, allowing an average vehicle to save about 11 Australian dollars per full tank. (3) The Prime Minister described this as a temporary support measure aimed at mitigating the impact of rising fuel prices and easing the financial burden on the public.
00:18
Lithium iron phosphate prices double as demand remains strong```htmlGolden Ten Data reported on June 21 that iron phosphate and lithium iron phosphate are important raw materials for new energy and energy storage batteries. Their prices have been rising steadily this year, and the market remains highly active. According to reporters, a package of about 400 kilograms of lithium iron phosphate now costs over 25,000 yuan, whereas a year ago the price was only 10,000 yuan. Despite the price having doubled, demand remains strong. In the finished goods warehouse of a lithium iron phosphate production factory, both new shelves and the floor are packed with products. Over 90% of the lithium iron phosphate produced by this company is supplied to leading new energy vehicle manufacturers, which is the primary source of their growth in order volume this year. Company executives told reporters that booming exports of new energy vehicles and energy storage products are continuously driving up demand for lithium iron phosphate, making it a key reason for this round of price increases. In addition to downstream demand stimulation, rising prices of upstream raw materials are another critical factor behind the current high prices of lithium iron phosphate. It is reported that lithium iron phosphate is mainly produced by mixing iron phosphate, lithium carbonate, and glucose, with iron phosphate accounting for around 30% of the total raw material cost. Since the beginning of this year, the price of iron phosphate has risen sharply, increasing the overall production cost of lithium iron phosphate.```
00:14
Brennan Watt: Solana SIMD proposal expected to be completed within the year, will increase the inflation decay rateAnza CEO Brennan Watt stated that the Solana-related SIMD proposals are expected to be completed within the year. SIMD-123 has been approved and is close to code completion, while SIMD-553 and SIMD-550 have received conceptual confirmation from Anza. If SIMD-550 and SIMD-553 are implemented together, the annual SOL inflation reduction rate will increase from 15% to 30%, potentially reducing token emissions by about 1.36 billion USD over six years. The average daily SOL burn amount will rise from approximately 650 to as many as 9,000.
News