Arizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies.House Bill 2324 failed in an earlier House vote but is back in motion following a narrow 16–14 Senate decision on June 19.This decision returns the bill to the Arizona House for a final reading. If it secures majority support, it will head to Governor Katie Hobbs for approval.Bill detailsHouse Bill 2324 outlines a framework for creating a “Bitcoin and digital assets reserve fund,” which would be funded entirely by crypto confiscated in criminal investigations.These digital assets would be…
Author: cryphedge
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: June 20, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
In the last 30 days, PI price has plunged by 35%, and over the past 14 days, it’s down 13.7%. This week alone, Pi has dropped 4.4%, now trading at $0.5379 — just above the critical $0.50 psychological support level.With rising exchange deposits and on-chain red flags, analysts warn that a crash below $0.50 is likely. Here’s what the data says.Pi Network Migration Chaos: KYC Failures, Missing Balances, and 2FA GlitchesPi Network’s highly anticipated mainnet migration has turned problematic for many users.Several users claim their KYC verification is failing, even after multiple attempts.Others report 2FA errors, preventing them from accessing…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: June 20, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Crypto Reporter Shalini Nagarajan Crypto Reporter Shalini Nagarajan About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Share Last updated: June 20, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing…
Bitcoin (BTC) trades around $104.5K, down 2% weekly, amid market uncertainty and Mideast tension fears. CryptoQuant warns BTC could revisit $92K or $81K if demand keeps falling. Glassnode sees “quiet” blockchain as network maturation, with institutions driving large-value transfers. Bitcoin (BTC) is trading steadily above the $104,500 mark as the Asian trading week gets into full swing. Despite the ominous backdrop of a potential looming war in the Middle East, the leading cryptocurrency has remained relatively flat on the day with negligible price movement. In fact, over the past full week, Bitcoin is down only a modest 2%, according to…
ADA, the native cryptocurrency of the Cardano ecosystem, experienced a negligible loss of 0.06% during Thursday’s US trading session, trading at $0.60. This downtick likely followed broader market uncertainty as the military action between Israel and Iraq continues to escalate. The daily chart analysis indicates that the falling Cardano price has broken down below the support of a major reversal pattern, signaling a risk of a prolonged downtrend. Declining Open Interest Signals Weak Trader Confidence in ADA In June 2025, the Cardano price showed a V-top reversal from the $0.70 level to its current trading value of $0.62, resulting in…
Author Tim Alper Author Tim Alper About Author Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked… Share Last updated: June 19, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas -…
Dogecoin, the largest meme cryptocurrency by market cap, experienced low volatility trading on Thursday, with its price plunging 0.4% to hit $0.17. This downtick likely followed the broader market uncertainty amid the escalating military action between Israel and Iran. While DOGE’s derivative market accentuated the continuation of the current correction, the coin’s price is positioned close to a high accumulation zone, signaling an opportunity for a bullish reversal. Derivative Market Weakness Signals Bearish Continuation Over the past week, the Dogecoin price has declined from $0.26 to $0.170, resulting in a 17.16% loss. The bearish momentum was primarily driven by escalating…
Bitcoin has bounced back, reclaiming crucial benchmarks. Yet, the Federal Reserve’s stance remains firm, providing no easing of policy. As Q3 begins, the spotlight turns to major altcoins. Which ones are poised for a surge? This article dives into the latest market trends, analyzing which digital currencies are primed for potential growth in the coming months. Ethereum Price Shifts: Past Trends and Current Key Levels Over the past month, Ethereum saw a minor decline of about 0.15% along with a weekly drop near 9%, indicating short-term pressure. Over the last six months, the coin tumbled roughly 27% from its earlier…
