Top cryptocurrency news on June 16: Major stories on Bitcoin, Ethereum and Dogecoin

Cryptocurrency prices are in the red on June 16, with the market down 1.11 percent. In fact, cryptocurrency investment products and funds saw outflows for a second straight week, with ether posting record outflows as institutional investors took a step back, data from digital asset manager CoinShares showed. Total crypto outflows hit $21 million for the week ending June 11. Bitcoin however is in the green at $39,991.13. Here are the details.

With the almost daily news coverage of cryptocurrencies, things can get overwhelming if you don’t exactly understand how the world of digital currencies works. Which is why we’ve put together an easy-to-understand guide explaining the main terminologies that make cryptocurrencies work. From blockchains to crypto mining to P2P, here’s what you need to know about cryptocurrencies and how they work.  Read this piece to find out more

If you are one of those who track the investment space in technology, you must have come across the hot favourite cryptocurrency news and forums that are now raving about meme coins that have become the object of speculation frenzy. For example, Tesla and SpaceX chief Elon Musk has been the most popular crusader of meme currency Dogecoin. We thus bring you a look at all the other meme currencies that have also sprung up. Read the details here.