![Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking](https://www.coindesk.com/resizer/isBl7me6gcuT006K_4d5w3rqo9g=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/R5RVSNBT2BFF5FYVB3E2QCG2PQ.jpg)
Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking
The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.
![First Ever Canadian Bitcoin Conference Wraps Up in Toronto First Ever Canadian Bitcoin Conference Wraps Up in Toronto](https://www.coindesk.com/resizer/w8nEN5y0NwZg14BKNddHc1NGh74=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RGF7BKVEGVGZ3MG5IYOSPO5HZ4.jpg)
First Ever Canadian Bitcoin Conference Wraps Up in Toronto
The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter exchange regulation.
![First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst](https://www.coindesk.com/resizer/uTrec5gYKFzvczBX1NiPWv9ogeA=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TAML5POU6RCOTG4XT6CAMDVC5I.png)
First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst
The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.
![Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/9bfdc25d-9ae4-4b61-92ba-10eeae499c01.jpg)
Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
The strength in the S&P 500 and weakness in the U.S. Dollar Index could limit the short-term downside in Bitcoin and select altcoins.
Bitcoin’s price down 0.51% on yesterday
As of 8:11am today, the price of Bitcoin (BTC) is £20,623, according to CoinMarketCap. It’s down 0.51% on yesterday’s figure of £20,727, up 2.25% on last week and down 1.69% on one month ago.
![Web3 Gamer: Apple to fix gaming? SEC hates Metaverse, Logan Paul trolled on Steam Web3 Gamer: Apple to fix gaming? SEC hates Metaverse, Logan Paul trolled on Steam](https://cointelegraph.com/magazine/wp-content/uploads/2023/05/magazine-Web3-gamer-new-art-scaled.jpg)
Web3 Gamer: Apple to fix gaming? SEC hates Metaverse, Logan Paul trolled on Steam
Apple finally makes a play for gamers, SEC takes aim at Metaverse tokens, CryptoZoo trolled on Steam, memestock lord is GameStop’s new CEO.
![Is the cryptocurrency market about to break its 10-week losing streak? Is the cryptocurrency market about to break its 10-week losing streak?](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/b808a860-3b71-4443-8fd7-b4fa8a3ecf18.jpg)
Is the cryptocurrency market about to break its 10-week losing streak?
Regulatory uncertainty and the lack of transparency on stablecoins caused crypto markets to trade at its lowest levels in 3 months.
![Binance CEO CZ deems SEC’s request for emergency relief unwarranted Binance CEO CZ deems SEC’s request for emergency relief unwarranted](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/71ffb2f6-ac23-4a5e-95ee-e68f8b4251b6.jpg)
Binance CEO CZ deems SEC’s request for emergency relief unwarranted
Binance CEO Changpeng “CZ” Zhao is pleased the disagreement with the SEC is over.
![CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/a3fb6dfa-e8f0-4219-bf6e-15c3d7fa6368.jpg)
CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
ZachXBT fears legal fees to defend himself in the defamation lawsuit could “easily exceed” $1 million.
![Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/309e7335-02a5-4828-b0d7-e3f40e1f02ef.jpg)
Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse
In a video posted to Twitter, Ripple CEO Brad Garlinghouse opined that the U.S. financial watchdog acted in “bad faith, plain and simple.“
![Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17 Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17](https://cointelegraph.com/magazine/wp-content/uploads/2023/06/17-june-scaled.jpg)
Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17
U.S. representative introduces bill to fire SEC’s chief, BlackRock applies for a spot Bitcoin ETF and Binance.US hires top lawyer for upcoming court battles.
![Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism](https://www.coindesk.com/resizer/mphlLabuUXYOy2cnFsI5-UIR3do=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LSNPBZKWP5AH5BRFOFKYHXTEPE.png)
Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism
Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.