Ethereum whale purchase 16,500 ETH worth $46. 4 million as 140k ETH worth $393 million leave exchanges source: https://ambcrypto.com/ethereum-whales-buy-back-at-higher-prices-is-it-conviction-or-fomo/

Crypto analyst InvestingScope has drawn market participants’ attention to a major occurrence that hints at an imminent altcoin season. The analyst also revealed how high the crypto market could reach as altcoins outperform Bitcoin during this period. Altcoin Season May Be Imminent As Golden Cross Flashes In a TradingView post, InvestingScope revealed that altcoins have made a 1-day Golden Cross, the first since just right after the US elections. He noted that the rally that followed made new highs for these altcoins, indicating that another altcoin season may be on the horizon source: https://www.newsbtc.com/altcoin/altcoin-season-golden-cross/

Chief legal officer Filip Primec explains how on-demand hash rate trading removes long-term contracts for Bitcoin mining power. source: https://www.thestreet.com/crypto/markets/nicehash-spot-marketplace-lets-miners-take-it-when-needed-

When Paul Atkins replaced Gary Gensler, things were expected to change with the SEC, and they have, to a large extent. However, people have still complained about how sluggish the agency is with the lack of urgency in considering ETF applications. It has delayed making a decision on several spot altcoin exchange-traded funds, and the […] source: https://www.cryptopolitan.com/sec-delays-approvals-doge-hedera-avax-etfs/

U. S. Senators Elizabeth Warren (D-MA) and Jeff Merkley (D-OR) are requesting that investment firm MGX and crypto exchange Binance preserve documents and communications related to the use of the Trump-affiliated World Liberty Financial’s stablecoin, USD1, according to a June 11 letter source: https://cryptonews.com/news/elizabeth-warren-jeff-merkley-request-binance-mgx-records/

Shaquille O'Neal has reached a tentative $1. 8 M deal to resolve an FTX class action, making him the first star to close out claims over the exchange’s downfall. The case contrasts with ongoing lawsuits naming Tom Brady, Stephen Curry, Kevin O'Leary, and other high-profile promoters. The post Shaquille O’Neal Shells Out $1. source: https://cryptonews.com/news/shaquille-oneal-1-8m-ftx-settlement/

XRP community celebrates a major win as USDC officially launches on XRPL source: https://u.today/extremely-positive-for-xrp-john-deaton-reacts-to-major-xrpl-development

Ripple and the SEC have joined forces to file a motion in a Manhattan district court, hoping for a decision that will support the settlement agreement. This is an unexpected turn in the XRP case. The court has been asked by both sides to lift the injunction and release the money order. In the XRP case, […] source: https://www.cryptopolitan.com/sec-and-ripple-file-motion-in-xrp-lawsuit/

Talks of a potential acquisition follow renewed interest in Nexon's massively multiplayer online role-playing game series MapleStory. source: https://cointelegraph.com/news/tencent-purchase-nexon-gaming-company?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Fox Business journalist Eleanor Terrett, Ripple and the SEC are requesting Judge Analisa Torres of the Southern District […] The post Ripple and SEC File Motion to Officially Settle Case, Propose $125M Penalty Resolution appeared first on Coindoo. source: https://coindoo.com/ripple-and-sec-file-motion-to-officially-settle-case-propose-125m-penalty-resolution/

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