Daily Digest – June 14th

• Bitcoin Crashes to 18-Month Low, Liquidating $1.25 billion; Binance Pauses Withdrawals

• USDD Suffers De-Pegging Fears, Terra Declines, Says Celsius Withdrawal Restriction Doesn’t Affect USDT

• BlockFi Lays Off 20% of Its Staff Amidst Cryptocurrency Market Downturn

• Investors File Lawsuit Against Binance for Advertising Terra UST as ‘Safe’

• Cardano Launches New Permissionless EVM Sidechain on Testnet

SHIB Burn Rate Spikes 332% as Over 329 Million Shiba Inu Tokens Are Set Ablaze

As is to be expected in such harsh conditions as the crypto market currently faces, many of the top cryptocurrencies are experiencing losses, and their respective communities are...

Binance Temporarily Suspends Bitcoin Withdrawals Due to “Stuck On-Chain Transactions”

On Monday, June 13th, Binance, the world’s largest cryptocurrency exchange, announced the temporary suspension of Bitcoin withdrawals amidst one of the...

MicroStrategy Risks Margin Call as Bitcoin Drops Below $21,000, Shares Plunge

MicroStrategy, the largest corporate holder of bitcoin, is sitting on an unrealized loss of more than $1 billion, and finds itself on the precipice of a margin call as the price of BTC plunges...

Crypto Fear Contagion Grows After Celsius Network “Pause”

Following the announcement by Celsius Network, an American crypto lending platform based in New Jersey, that it would be freezing operations, the price of Bitcoin sank 14% on...

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