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CoinJournal: Latest Bitcoin, Ethereum & Crypto News

• Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote
  There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy has launched a new Governance Vote to decide the fate of these idle tokens. Pioneering move-to-earn project Sweat Economy is today launching a new governance vote in the Sweat Wallet […]
• 3 reasons why Bitcoin price remains resilient
  Binance and Coinbase are sued by the SEC Bitcoin price remains resilient Scarcity, inflation rate halving, and an increase in the number of users help Bitcoin Once again, cryptocurrency investors are tested. In a span of 24h, several things challenged the market again. First, Binance, one of the largest crypto exchanges in the world, was […]
• Stacks price outlook: What next for STX after going vertical?
  Stacks crypto price jumped to the upper side of the descending channel. The coin jumped because of its close relationship with Bitcoin. This rebound could be part of a dead cat bounce. Stacks price has staged a strong comeback in the past two days even as concerns about regulations in the US continued. STX has […]
• Blockchain Pioneer Acquires International Fashion House Blk DNM
  Stockholm, Sweden, June 7th, 2023, Chainwire ChromaWay to Integrate Blockchain Capabilities into BLK DNM, Pioneering Connected Fashion, and Inspiring Responsible Industry Behaviors Stockholm’s headquartered blockchain technology company ChromaWay today reveals its acquisition of the iconic Swedish-American fashion brand BLK DNM. The acquisition aligned with the recent relaunch of BLK DNM as a modern, community-driven fashion […]
• The SEC is seeking court order to freeze Binance US’s assets
  The SEC has reportedly asked a US federal court to freeze the entire assets of Binance US. This comes two days after The SEC sued Binance for breaching federal securities laws. The move is aimed at preventing the dissipation of Binance US’s available assets for any judgment. Events surrounding US Securities and Exchanges Commission’s (SEC) […]
• Bitcoin mining difficulty hits all-time high, above 50 trillion hashes
  Key Takeaways Bitcoin mining difficulty has surpassed 50 trillion hashes for the first time ever Higher difficulty means more competition and less profit for miners, but also more security for the Bitcoin network Higher mining difficulty means greater energy input required to mine Bitcoin, meaning greater cost for miners Mining stocks have underperformed Bitcoin significantly […]
• Bitcoin unfazed by SEC suing Coinbase and Binance
  The SEC is suing Coinbase and Binance, in yet another scandal in the crypto industry  Bitcoin price remains unfazed A bullish breakout might be triggered by the Fed not hiking the funds rate again  The cryptocurrency industry faces, yet again, another test of confidence. The Securities and Exchange Commission (SEC) announced that it was suing […]
• BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse
  Singapore, Singapore, June 7th, 2023, Chainwire BinaryX today announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Game Content (AIGC). Building upon their GameFi expertise, BinaryX has reportedly entered into agreements with their VR and AIGC partners, AiGC Labs, to develop a groundbreaking new GameFi genre of AI-based VR games. First AI-Powered […]
• Gary Gensler on crypto regulations: ‘there’s been clarity for years’
  SEC sued Coinbase for violating U.S. securities laws today. Chair Gary Gensler discussed on CNBC’s “Squawk on the Street”. Coinbase stock opened nearly 20% down on Tuesday. Coinbase Global Inc opened nearly 20% down on Tuesday after the SEC sued the crypto exchange for violating the U.S. securities laws. Gensler discussed the lawsuit on CNBC […]