Cryptocurrency market news for the morning of 07/06/22

Hi all. Since the morning of 07/06/2022, the total capitalization of the crypto market has been declining by 2% to $900 billion. The dominance of bitcoin is 42.4%, ether 15.2% Bitcoin is now worth $20,000, Ethereum has grown by 10% and is trading at $1130, the price of Binance Coin is $234.

Of the top 100 cryptocurrencies by capitalization over the past day, the largest growth was shown by Convex + 15%, Curve + 9%, eCash + 6%, and the largest drop was Compound, Flow, Axie, Decred -6%

Broker Voyager Digital filed for bankruptcy after it stopped withdrawals for users last Friday. The company’s estimated liabilities range from $1 billion to $10 billion, with about 100,000 customers.

Cryptocurrency exchange Bitstamp will start charging a monthly fee on some inactive accounts. The “Inactivity fee” will be introduced from August 1st and will amount to €10 per month. It applies to customers with an account balance of less than €200.

The decline in the price of bitcoin in June practically took the rest of the “market tourists” out of the game, leaving only hodlers “at the front”. These are the conclusions made by Glassnode analysts.

The PennyWise virus is spreading on YouTube – it can steal data from 30 crypto wallets and browser extensions, it is dangerous even for cold wallets.

Bitmain is launching the Antminer E9 today, a new device capable of replacing 25 RTX 3080 graphics cards. The E9 should pay for itself in 100 days of work, which is about the time left before the launch of the “difficulty bomb” on the Ethereum network.

In June, the volume of trading on cryptocurrency exchanges updated the minimum since December 2020 at around $672 billion. In terms of platforms, Binance remains the unchanged leader ($398 billion). FTX again outperformed Coinbase and OKX at $72 billion versus $59 billion and $41 billion, respectively.

Michael Cooper

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