• Bitcoin price hits $41K

A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a sign that the market could be shifting in favour of bulls.

As Yearn. Finance’s yield vaults grow, ‘crop’ projects define boundaries

In the past week, team members from the no-loss lottery project PoolTogether and exchange liquidity pool provider Curve Finance have proposed ways to reduce the load Yearn. Finance strategies place on their protocols and governance tokens. He also noted that “Yearn keeps 10% of all the POOL tokens it accrues” and that POOL emissions were cut 50% late last month.

Nearly 1% Of Bitcoin Supply Is Now Wrapped In Ethereum

As wrapped Bitcoin approaches 189,000 BTC, the leading form of BTC on Ethereum now makes up for nearly 1% of the total supply of the cryptocurrency. The total supply of WBTC was only around 4,000 coins last June, and today it is 47 times that. The gigantic growth has made the token the most popular form of Bitcoin on the Ethereum blockchain.

$SHIB Surges 26% Following News That It Is Coming to Coinbase Pro

On Tuesday (June 15), Coinbase announced that dog meme-based cryptocurrency SHIBA Token ($SHIB) will soon be listed on Coinbase Pro, its trading platform for experienced and professional traders. Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular meme coin. 

Cardano surpasses Coinbase, Roblox in market cap, trails Vodafone by $0.9B

The recent rise in Cardano’s (ADA) popularity is has led the asset to register a significant market capitalization partly matching up and surpassing some traditional asset classes. Data acquired by Finbold indicates ADA market capitalization of $50.42 billion as of June 15th, 2021, is higher than Coinbase’s $49.43 billion.