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Daily News Headlines | Latest Crypto News (18th June) | Cryptoknowmics

Here are the top 5 crypto news for the day!

Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we know it, in the coming days.

 

Bitcoin Struggles to Breach $40k After Fed Schedules Interest Rate Hike

 

Bitcoin struggled to soar above $40,000 as investors unpacked the latest Fed announcement. On Wednesday, the Federal Reserve announced that it planned to increase interest rates twice in 2023, much sooner than the markets expected. The announcement incited fears that the banking system could also curtail its bond-buying program.

 

Mark Cuban Backs Ethereum-Based Data Marketplace dClimate

 

Dallas Mavericks owner, Mark Cuban is betting big on Ethereum’s future. The billionaire investor is joining Ethereum-based data project dClimate, a decentralized network for climate data, forecasts, and models based on the Ethereum blockchain and powered by the oracle network Chainlink

 

Shiba Inu: Subreddit Grows by 59, 381%, Coinbase Listing and ShibaSwap

 

The number of subscribers on Shiba Inu’s subreddit has increased by 59, 381% in Q2. As per the data from Subredditstats.com, the forum had around 90 members in early April. But now that figure has skyrocketed to 53,533 subscribers. 

 

Republican Congressional Committee to Accept Cryptocurrency Donations

 

The campaign fundraising arm of the House of Republicans, the National Republican Congressional Committee (NRCC) will begin accepting cryptocurrency donations, becoming the first major-party committee to do so. Donations will be accepted using the crypto payment provider service, BitPay.

 

Mike Novogratz Says Value of Bitcoin is a Social Construct, Otherwise Worthless

 

Billionaire investor and long-time crypto bull Mike Novogratz has recently released a statement that said that the actual value of Bitcoin lies majorly in the community that it was able to build. He said that the flagship currency is valuable because people say it has the potential.

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