Global

The cryptocurrency world is buzzing after a whale, an investor holding a significant amount of a coin, withdraw $20 million worth of Litecoin (LTC) from Binance, a major crypto exchange. This has some analysts wondering if it's a bullish sign for Litecoin's price.

Buckle up, crypto enthusiasts! While Bitcoin (BTC) has been dipping recently, hitting around $60,000, analyst Cody Buffington remains optimistic about the future of altcoins. He predicts an impending altcoin season, fueled by on-chain data and historical market trends.

While Bitcoin and Ethereum prices remain volatile, there are signs that traders are becoming less bearish. According to a report by crypto analytics firm Kaiko, the put-call ratio for both major cryptocurrencies has declined in June after a surge in May.

A recent survey has revealed that a significant portion of South Korean university students are actively investing in cryptocurrency. The findings indicate that 40% of respondents have invested in cryptocurrencies, with Bitcoin, Ethereum, and altcoins being the most popular choices.

Coinbase, a major cryptocurrency exchange, announced it will not participate in the upcoming token merger between Ocean Protocol (OCEAN) and Fetch.ai (FET) to form the Artificial Superintelligence Alliance (ASI).

The price of Bitcoin (BTC) surged to $61,000 on Thursday, June 27th, 2024, marking a significant upswing in recent weeks. This bullish trend is attributed to two key factors: inflows into Bitcoin exchange-traded funds (ETFs) and a growing sense of confidence within the cryptocurrency market.