The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
Chainlink integrated 34 services across 14 blockchains, including Arbitrum, Base, Solana, and Hedera. The protocol reaffirmed its collaboration with Swift to incorporate blockchain into global financial transactions, with plans for banks to trial digital asset transactions next year, advancing blockchain adoption in traditional finance. Chainlink co-founder Nazarov also highlighted the integration of AI to expand […]
UBS launched the UBS USD Money Market Investment Fund Token (uMINT) on the Ethereum blockchain, providing institutional investors with a secure, tokenised money market fund focused on high-quality, liquid assets. Positioned in Singapore for its favourable regulatory stance, uMINT aims to appeal to institutional clients interested in blockchain-based finance while addressing concerns over regulatory challenges […]
Recently, pump.fun’s fee income account continued its SOL sales, transferring 90,000 SOL (valued at $14.97 million) to Kraken just five hours ago. To date, pump.fun has collected around 1.092 million SOL (approximately $182.45 million) in transaction fees, out of which roughly 709,000 SOL ($111.93 million) were sold at an average rate of $157.9 per token. […]
Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor …
Deep Chainsaw, the name given to President Milei’s plan to trim the bureaucratic excesses in state institutions, recently reached a milestone in savings for the country. Milei celebrated that the program eliminated over 33,000 job positions. Argentina’s Minister of State Transformation and Deregulation, Federico Sturzenegger, had reported this previously, stating that “the only sustainable way […]
Jim Bianco argues that Bitcoin ETFs simply sucking money into Tradfi accounts from cryptocurrency exchanges
In an analysis shared on X, popular crypto analyst Gum (@0xGumshoe) is projecting that Solana (SOL) could ascend to $500 by the conclusion of this bull run. This bullish forecast hinges heavily on the outcome of the US presidential election, slated for November 5th, and the potential policy changes that could follow. Solana Price Prediction […]
The X account of rapper Wiz Khalifa was reportedly hacked, with posts shilling a memecoin called “WIZ,” which is now trading at a value of less than $10,000.
UBS Asset Management is unveiling its first tokenized investment fund on the leading smart contract platform Ethereum (ETH). In a statement, the global wealth manager and multinational investment bank says the UBS USD Money Market Investment Fund Token (uMINT) will be made available through authorized distribution partners. The Swiss firm with over $5.7 trillion in […]
Although current Vice President Kamala Harris started on the back foot in her race against former President Donald Trump, her odds on Polymarket …
Roman Storm’s trial, initially set for December 2024, has been postponed to April 14, 2025, allowing time to resolve disputes over expert witness disclosures; a related hearing is scheduled for November 12, 2024. Storm faces charges of conspiracy to commit money laundering, sanctions violations, and operating an unlicensed money-transmitting business, with a potential sentence of […]
Australian web3 gaming pioneer, Immutable, has received a Wells notice from the US SEC alleging non-specific breaches of US securities law. Immutable claims the Wells notice was intentionally issued just before the US election, suggesting the SEC has sought to issue many such notices to other crypto firms prior to the election. The company said […]
In a strategic move, a prominent meme coin trader known as Whale 0x944 has made a substantial first-time investment in $NEIRO, acquiring 8.02 million tokens worth approximately $782.74K. This transaction, executed six hours ago with a withdrawal from Bitget, signals a potential shift in focus for the trader, who has previously profited handsomely from other […]
Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot’s portfolio emptied. Onchain investigator Zachxbt reported that a FWOG whale seems to be one of the parties tied to the incident. An X Account Hack and a Pump-and-Dump Scheme — What […]
Why is BTC sell-off happening? Founder of SkyBridge Capital shared his take
Speculations about the Bitcoin bull market being over have been rife in the crypto market, particularly as the price has failed to reach its March all-time high of above $73,000. Providing a more compelling case to this narrative, a crypto analyst has released a Bitcoin bear case scenario that could see the pioneer cryptocurrency decline […]
A big final flush out for altcoins could be imminent if historical market cycle patterns repeat.
The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such […]
Economist Henrik Zeberg is doubling down on his blow-off top price prediction for Bitcoin (BTC) despite what he says are signs of topping in the stock market. In a new interview with Ran Neuner on the CryptoBanter YouTube channel, Zeberg predicts a move above the $78,000 level early this week as the election results come […]
Kraken, which previously violated Australian financial market rules by offering fiat-based margin products, has revamped its services in the country by offering crypto-based derivatives products for local wholesale clients. Limited to Wholesale Clients Announced yesterday (Sunday), the American exchange highlighted that the new products are being offered under its local entity, an Australian financial services-licensed […]
The cryptocurrency market displayed mixed trends on Monday as investors braced for significant events, including the US presidential election and …
The politifi token sector has enjoyed a solid year so far, but as the 2024 U.S. election draws near, many of these meme coins are taking a nosedive. As Election Day Nears, Can Politifi Tokens Hold Their Ground? The political finance realm, known as politifi, has seen a steady cash flow as candidates jockeyed for […]
According to several reports, MrBeast allegedly earned over $23 million through trading multiple low-cap cryptocurrencies
A closely followed crypto analyst believes that two altcoins have the potential to skyrocket by as much as 5x before this cycle is over. Pseudonymous analyst Altcoin Sherpa tells his 228,100 followers on the social media platform X that he’s extremely bullish on the altcoin market. According to the analyst, even average altcoins will see […]
The price of Bitcoin has experienced some instability in the last few hours declining by almost 3%. This negative price action drives more attention to the largest digital asset, especially with the US election fast approaching. While many analysts are now skeptical of Bitcoin’s immediate movements, pro-trader Justin Bennett already issued a cautionary insight into […]
Donald Trump’s winning odds lead on Polymarket have significantly narrowed, and Bitcoin’s little price dump caused big liquidations.
From massive cryptocurrency industry spending in 2024 to rising fossil fuel industry donations and billionaire investors bankrolling super PACs, …
A veteran crypto strategist is issuing a dire warning on Bitcoin, saying that BTC is in danger of plummeting to the $50,000 price level. In a new video update, pseudonymous analyst DonAlt tells his 62,500 YouTube subscribers that a Bitcoin weekly close below $70,000 opens the door for another round of cascading liquidations for BTC. […]
Bitcoin climbed close to $73,600 this week, inching toward record highs ahead of U.S. election week, with a major boost from strong exchange-traded fund (ETF) inflows, according to QCP Capital’s latest weekend report. Brace Yourself—Bitcoin Volatility Expected to Surge With U.S. Election In its weekend market analysis, QCP Capital drew attention to mixed messages from […]
Bitcoin supply shortage might be a thing, says Ki Young Ju
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