Daily Digest – June 13th

• Celsius freezes withdrawals, price crashes after sending $320 million to FTX.

• May CPI report sparks Bitcoin and crypto market crash, wiping $100 billion.

• Ethereum drops to $1,200 as developers announce Merge delay.

• European Union nears agreement on cryptocurrency regulation.

• Grayscale: pension funds are exploring crypto, Yellen pushes against 401(k) crypto funds.

Whales After Ripple: Millions of XRP Moved During the Weekend

Over the past few days, directly following the lawsuit hearing held between Ripple and the SEC last week, hundreds of millions of XRP coins have been moved through crypto exchanges...

More than $100 Billion Wiped Off Global Crypto Market Cap as Bitcoin Falls Under $25,000

Bitcoin, the world’s largest cryptocurrency, which has been unable to break off the bearish pressure fueled by macroeconomic issues, experienced its third-largest single-day drop...

Do Kwon Allegedly Launders $80 Million in a Month, SEC Court Investigates Terra’s Downfall

The crypto market has been struck with yet another unpleasant surprise as crypto trading and lending platform Celsius announced it would be halting all withdrawals, swaps and other transactions...

Sex-to-Earn Economy: an Unexpected Evolution of Move-to-Earn and Play-to-Earn

One of the ways blockchain could alter some people’s intimate lives is through the monetization of sexual activities. As bad as it sounds, there is a technological...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team