TL;DR Lido DAO surpasses Ethereum fees thanks to increased activity and use of scalability layers. The re-staking program is growing and competes with EigenLayer. The fat app trend is attracting more users and generating significant revenue for DeFi protocols. Lido DAO has achieved a major milestone by surpassing fees paid on the Ethereum mainnet, driven […]

TL;DR Digital asset investment products saw significant outflows for the second consecutive week. Pessimism over interest rate cuts by the FED drives cryptocurrency sales. Altcoins and multi-asset products see inflows, suggesting buying opportunities in the market. Digital asset investment products have experienced a second consecutive week of significant capital outflows, adding a total of $584 […]

Investors face their last chance to buy Sealana at presale after a high-octane campaign. It has raised over $5 million in presale funding, signaling a huge nod of approval from traders. However, the presale will end in one day, on June 25 at 6 PM UTC. This means it’s the last chance for prospective buyers […]

Shiba Inu team member issues important warning to Shiba Inu army and entire cryptocurrency community

A stablecoin is a cryptocurrency that has very little volatility. Its value is linked to a real-world asset such as fiat currency or gold. Talking …

Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?

A closely followed crypto analyst thinks it’s almost time for altcoins to witness the steepest leg of the bull market. Pseudonymous analyst TechDev tells his 460,100 followers on the social media platform X that the Bitcoin dominance (BTC.D) chart is flashing a massive bearish reversal signal. The BTC.D index tracks how much of the total […]

Kraken MTF, the UK’s first Financial Conduct Authority (FCA)-authorized crypto derivatives trading venue in Europe, has announced a strategic partnership with Copper, a firm specializing in digital asset custody, collateral management, and prime services. The collaboration aims to offer off-venue settlement services tailored for institutional clients. Multi-Exchange Connectivity Institutional investors require robust multi-exchange connectivity to […]

A new collaborative effort spearheaded by Lightning infrastructure company LNFi intends to accelerate the adoption of the Lightning Network. Leveraging the progress of novel protocols such as Taproot Assets and Nostr, the LN Alliance hopes to mobilize industry partners and contribute to standards around the growing Bitcoin ecosystem. A recent community discussion highlighted the group’s […]

Telegram-backed Toncoin (TON) has been the talk of the crypto town lately, its price soaring to a record-breaking $8.15 before settling around $7.60. This dramatic rise, coupled with technical indicators flashing both caution and bullish signals, has investors on the edge of their seats, wondering: is this a short-lived party or the beginning of a […]

The Swiss central bank has declared its blockchain-based CBDC pilot program “very successful” and announced the program will be extended by two years. The pilot program allows participants to issue and buy tokenised bonds on a digital exchange using an experimental digital currency issued by the central bank. According to a report from Bloomberg, in […]

Standard Chartered hopes to launch a trading desk for Bitcoin and Ether, becoming one of the first global banks to enter spot cryptocurrency trading.  While banks like Goldman Sachs have traded cryptocurrency derivatives, strict regulations have made direct trading in cryptocurrencies less attractive. Demand from institutional investors will see Standard Chartered open a crypto desk […]

Top Crypto Presales to Consider in June 2024: Why BlockDAG Network Outshines KangaMoon & WienerAI As the field of digital currencies expands, investors are becoming more interested in new and exciting players. Among the leaders are KangaMoon and WienerAI, which are recognised for their creative applications and active community involvement.  But BlockDAG stands out for […]

Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East African nation. The chief legal officer at Tools for Humanity confirmed that Worldcoin would soon resume registering Kenyan users. Tools for Humanity Praises ‘Fair’ Investigation The Kenyan police have reportedly concluded their investigation into Worldcoin, which […]

Against this backdrop, Saylor took to X to share lighthearted meme

It is important to understand network effects because it is the singular force that drives economic value in the digital economy, as opposed to …

Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.

TL;DR Eurosystem’s digital euro project enters an intensive preparatory phase. Five calls have been launched to select key suppliers. Progress is being made in defining the regulatory and technical framework to guarantee privacy and security. The Eurosystem, made up of the European Central Bank and the national central banks of the eurozone, has announced the […]

Klever Wallet is a powerful, user-friendly mobile cryptocurrency wallet designed to offer secure and efficient management of various digital assets. As an integral part of the Klever ecosystem, Klever Wallet is crafted to simplify and elevate the crypto experience for users, providing a seamless and intuitive interface that caters to both developers and crypto users. […]

Cardano (ADA) is the blockchain network founded by IOHK, a company created by Ethereum co-founder Charles Hoskinson in 2015. It is known for its methodical and scientific approach to building the ecosystem. Cardano’s core team is also known for its meticulous, peer-reviewed development approach. Its proponents believe the slower pace is necessary for long-term growth, […]

A trader with a track record for accurate Bitcoin (BTC) calls says that the crypto king’s bull market trend line is breaking, opening the door for a correction. Pseudonymous analyst Dave the Wave tells his 146,000 followers on the social media platform X that BTC may soon make a move to the downside, possibly dropping […]

Investment management firm VanEck has set a fee of 0.2% for its proposed spot ether exchange-traded fund (ETF), Reuters reported. This announcement, detailed in a US Securities and Exchange Commission (SEC) filing, comes at a time of significant regulatory advancements for cryptocurrency ETFs. Paving the Way for Ether ETFs Last month, the SEC approved applications […]

In 2018, one of the largest donors to Rep. Brad Sherman’s campaign was a bank director who had spent large sums of money to build political influence among American politicians — and who led a US-registered non-for-profit that “signed a MOU of friendly cooperation” with a Chinese state entity alleged by the US State Department […]

Popular crypto analyst degentrading (@degentradingLSD) has made a bold prediction that Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to underperform despite the imminent launch of US spot Ethereum ETFs. Andrew Kang’s analysis projects a continued downtrend for ETHBTC, […]

The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark.

Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant bearish indicators. The confluence of oscillators and moving averages suggest a continuation of the downward […]

Small-sized retail investors (accounts with up to $10,000 in BTC) are here to inject new life into Bitcoin (BTC) performance, analyst Axel Adler says

Cryptocurrency scams targeting Musk's followers on social media have been an ongoing issue, along with scams involving other celebrities. Recently, 50 …

A new report finds that Generation X is about to receive its cut of an unprecedented generational transfer of wealth. Gen X, or those born between the mid-1960s and the early 1980s, are set to inherit roughly $31 trillion in wealth from their predecessors by 2033, according to a report from people intelligence think tank […]

A Wells Fargo customer is suing the banking giant after the lender refused to refund tens of thousands of dollars that was stolen in a single fraudulent transaction. Philadelphia resident John William Pollard says he initially wrote a check amounting to $84.53 meant to pay for a Verizon phone bill, reports Time Magazine. But a […]

Konami partners with Avalanche to launch Resella, a platform simplifying NFT creation and trading, supporting Japanese yen, and planning global expansion. Resella aims to bridge traditional gaming and web3, enabling digital experiences like using in-game NFTs as event tickets or unlocking exclusive content. ‘Pixels’ Chapter 2 introduces substantial upgrades to Ethereum-based games, focusing on long-term […]

Cardano’s ADA trajectory remains bearish on the weekly chart but it has suspended selling and now looks calm on the day. More selling should be expected as it is yet to find solid support for reversal.  So far, ADA has registered a 40% loss in the last three months and from the look of things, […]