Wyoming is moving towards becoming the first state to offer a state-backed cryptocurrency, Governor Mark Gordon has revealed. Advertisement.

Injective piques investors’ interest as on-chain developments continue on the platform. These new integrations and information excite investors, bumping the token’s price by over 21%. The continuous positive developments are expected to further steer the INJ on the bullish path. Given the conditions and positive developments of Injective, its investors and traders have chosen the […]

There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.

The cryptocurrency market is bracing for a massive options expiry

The crypto and stock markets surged Friday after Federal Reserve Chair Jerome Powell alluded to upcoming rate cuts in a speech at an economic symposium. While speaking in Jackson Hole, Wyoming, Powell said the economy was growing at a “solid pace” but noted that inflation and labor market data indicated an “evolving situation.” “The upside […]

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer […]

TL;DR DWF Labs has sold its entire Curve DAO (CRV) token at a loss of 17.5%. CRV price has fallen by more than 45% so far this year and has dropped out of the top 100 cryptocurrencies. Curve DAO founder has requested additional funding to continue developing the platform. DWF Labs, a leading cryptocurrency trading […]

TL;DR Innovative Staking Solution: Renzo (REZ) offers a liquid restaking token (LRT) that bridges the gap to the EigenLayer ecosystem, providing better returns than standard ETH staking and streamlining the staking process for users. Strategic Partnerships: Collaborations with EigenLayer, Chainlink, and Connext enhance Renzo’s capabilities, allowing users to convert staked assets into liquid forms and […]

The memecoin frenzy has reached the Tron Network after the launch of Pump.fun’s rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week. The platform’s remarkable performance in the past two weeks has propelled the network, TRX, and the SUN ecosystem. As a result, […]

The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.

“For too long, the average American has been squeezed by the big banks and financial elites,” the presidential candidate wrote on X and his social …

New data from the decentralized prediction market Polymarket reveals that Donald Trump is leading Kamala Harris in polls after Robert Kennedy Jr. suspended his presidential campaign. According to the crypto casino, which lets users bet on the outcome of anything, Trump now has a 51% chance to win the 2024 presidential election while Harris – […]

A widely followed crypto analyst says that the flagship crypto is showing signs of a bull run. Crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that the Bitcoin (BTC) bull-bear market indicator is showing bullish signals. “Since early August, the Bitcoin bull-bear market indicator has been oscillating between bearish […]

Babylon has officially launched its Bitcoin staking mainnet, and the response has been nothing short of extraordinary. The network saw a significant spike in activity, leading to Bitcoin transaction fees soaring by 120x, reaching a staggering 60 BTC, all due to the rush to participate in Babylon’s staking event. In its initial phase, Babylon set […]

TL;DR TRX surged to over $0.16 earlier this week, becoming the 11th largest cryptocurrency, likely boosted by activity from the SunPump protocol. The token’s price is gradually approaching its all-time high, with further growth dependent on market conditions and potential partnerships. TRX’s Impressive Rally TRX – the native token of Tron – has been among […]

After cracking under pressure during the crash in early August, the whale is selling Bitcoin at a loss once again

At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $5.7 million. Bitcoin ETFs Shine with $252M Inflows; Ether Funds Dip by $5.7M Spot bitcoin ETFs achieved their highest inflow since late July, […]

Grayscale has expanded its suite of crypto products, now offering AVAX to qualified investors. The Avalanche Trust will enable investors to participate in the ongoing development of real-world asset (RWA) tokenisation carried out by Avalanche. Grayscale also launched a trust for MakerDAO’s MKR token, which also provides exposure to tokenised assets. Grayscale, one of the […]

A crypto analyst is predicting a massive price breakout for the XRP price, the native token of the XRP Ledger (XRPL). Despite XRP’s sluggish price performance, the analyst believes that this cryptocurrency could soar as high as 42,263%, potentially hitting an ambitious price target of $280 this bullish cycle.  Roadmap To XRP’s $280 Price Increase […]

The total value locked on Solana surged but is this enough to send SOL price to a new all-time high?

Companies from the crypto industry are spending large amounts of money to influence US elections, according to the nonprofit consumer advocacy organization Public Citizen. In a new report, Public Citizen says crypto firms are by far the dominant corporate political spenders this year with backers from the sector giving over $119 million, or 48% of […]

Russia is reportedly making plans to launch its very own crypto exchange platforms and stablecoins. According to a new article by local news publication Kommersant, Russia is planning on creating at least two crypto exchanges – one based in Moscow and another in St. Petersburg – as well as stablecoins pegged to the Chinese yuan and BRICS […]

TL;DR TON integration with Telegram facilitates access to web3 services for almost 1 billion users. Toncoin price has risen by over 200% this year, and the Total Value Locked (TVL) has reached $770 million. Bybit offers web3 products that support the TON ecosystem, including decentralized exchanges and airdrop rewards platforms. TON, initially conceived by the […]

Gov. Mark Gordon said Wednesday that Wyoming is on track to be the first state to issue its own cryptocurrency. But the state's banking sector …

In the world of memecoins, Popcat ($POPCAT) is the latest sensation, mirroring the explosive performance of WIF, which skyrocketed by 800% after its Binance USD-M listing. With a fully diluted valuation (FDV) of $410 million, WIF set a high bar. Now, Popcat, with a $500 million FDV, seems poised to follow suit. WIF pumped 800% […]

Bitcoin’s positive price actions on Friday evening continued in the past 12 hours or so and the asset touched $65,000 for the first time since August 3. Several altcoins have produced impressive gains as well within the same timeframe, with SATS surging by 25%, followed by FET (19%), and SUI (15%). BTC on the $65K […]

Staggering amount of Ethereum deposited to Coinbase, while ETH price goes up 3.25%

Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01% rise in the overall crypto market, which […]

The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.

The crypto giant Grayscale has launched a new trust for the layer-1 Ethereum (ETH) competitor Avalanche (AVAX). Rayhaneh Sharif-Askary, Grayscale’s head of product and research, says Avalanche has played a “pivotal role” in advancing the adoption of real-world asset (RWA) tokenization. AVAX shot up in price by 5.65% on Thursday, outpacing the broader crypto market, […]

Two US banks are issuing alerts to customers informing them that their personally identifying data has potentially been compromised. According to new filings with the Office of the Maine Attorney General, TD Bank and Summit National Bank say they’ve suffered data breaches that occurred between the third quarter of 2023 and the second quarter of […]

The cryptocurrency exchange BingX has introduced a new feature called Pre-Launch Futures. This addition allows users to trade futures contracts on tokens before the tokens are officially listed. By participating in Pre-Launch Futures, traders can predict and speculate on future token values, providing opportunities to secure potential profits before the broader market can access these […]