Ethereum price failed to clear the $3,720 resistance. ETH declined again and is now at risk of more losses below the $3,550 support zone. Ethereum started a fresh decline from the $3,720 resistance zone. The price is trading below $3,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with […]
Telegram Open Network users can now use their tokens to book hotel reservations, airline tickets, tours and excursions in over 230 countries.
Ahmad Shadid, the founder of the decentralized physical infrastructure network (DePIN) protocol io.net, has announced that he is stepping down as CEO “effective immediately.” He said that despite the allegations against him in the past, his resignation as CEO is to allow io.net to move forward without interference. COO Tory Green Takes Over “Today I […]
The gold mining industry struggles to sustain production growth due to declining new deposits, reports the World Gold Council (WGC). Despite a 4% increase in first-quarter production in 2024, overall growth has plateaued since 2016. In 2023, mine production rose by only 0.5%, following 1.35% in 2022 and 2.7% in 2021, with a decline of […]
One in four Americans own Bitcoin. That’s more Americans than are over the age of 65, but how often do you hear candidates talk about senior concerns compared to concerns of crypto owners? President Donald Trump has been making a concerted effort in the 2024 campaign trail to appeal to Bitcoiners. At the recent Libertarian […]
SocialFi application protocol Friend.tech (FRIEND) says it’s leaving Coinbase’s Base chain to develop its own network. In a new thread, the team behind the social finance platform says that it will be partnering up with Conduit, a firm that provides Ethereum (ETH) rollups, to work on Friendchain, its very own blockchain that will utilize FRIEND […]
Real Vision analyst Jamie Coutts is warning that the altcoin market is in a bearish trend after a strong six-month long run. The former Bloomberg analyst tells his 18,400 followers on the social media platform X that most alts are now being outperformed by Bitcoin (BTC). “A quick update on the altcoin malaise. Most crypto […]
With massive ETF inflows emerging as a major bullish catalyst, Bitcoin recently managed to score its second-highest weekly close to date
This article delves into the current state of cryptocurrency, exploring the latest innovations, investment strategies, and challenges that lie …
In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary, titled “Ultimate BTC Simple Bias Guide,” unpacks the recent emotional reactions triggered by Bitcoin’s price movements and offers […]
Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but there’s also some concern on the macroeconomic side
Coinbase, the largest crypto exchange in the US, says there’s a need to accurately measure the true adoption of blockchains beyond what already exists. In a new blog post, Coinbase says that as more applications launch, tracking the adoption of blockchain ecosystems becomes difficult as traditional metrics like total transactions or daily active addresses become […]
San Franscisco-payments firm Ripple is working with the National Bank of Georgia (NBG) to digitize the local economy. Acting governor Natia Turnava and Varlam Ebanoidze, head of the NBG’s tech development department, recently met with Ripple executive James Wallis to enhance financial technology cooperation, according to a LinkedIn post from June 8. “Acting Governor of […]
TL;DR Polyhedra Network has launched its Staking Program, allowing users to earn rewards for supporting the network. After resolving a trademark dispute over the term “ZK,” the network is ready to offer staking services. Users can earn rewards in the form of various cryptocurrencies, including ETHFI, ID, and CYBER, during the staking event. Decentralized finance […]
TL;DR Squads Labs has raised $10 million in a Series A funding round led by Electric Capital. They have launched Fuse, an iOS wallet app focused on the retail user, in public TestFlight. Squads Protocol currently secures over $10 billion in assets and has over 250 enterprise clients. Squads Labs, lead developer of the Solana-based […]
In the past 30 minutes, Justin Sun, the founder of TRON, allegedly deposited $21 million worth of four DeFi tokens to Binance. The tokens include:- 93,979 AAVE valued at $11.26 million 3,800 MKR valued at $9.3 million 4,178 COMP valued at $245,000 203,623 LQTY valued at $217,000 If Sun decides to sell now, he stands […]
While many are familiar with inflation, which indicates a decline in currency purchasing power alongside a general rise in the cost of goods and services in an economy, there is a common misconception that inflation is natural. In reality, it is largely driven by an increased money supply, manipulation of interest rates, and quantitative easing […]
On Sunday, Loopring, an Ethereum zero-knowledge roll-up protocol, announced a significant security vulnerability attack on its smart wallets, linked to the Loopring Official Guardian. The project is collaborating with security and law enforcement agencies to investigate how the two-factor authentication system was compromised and to track down the cybercriminals. Loopring Official Guardian Exposed In a […]
Polkadot’s huge comeback seems inevitable during this cycle, although bulls will have to wait once more
The State of Wisconsin Investment Board recently announced the purchase of $99 million worth of IBIT shares, BlackRock’s spot Bitcoin ETF. This marks the first investment in Bitcoin ETF shares by a public pension fund. While this is the first time a state pension has bought shares of a Bitcoin ETF, it’s not the first […]
The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding.
The resurgence of cryptocurrency investments is a testament to the transformative potential of blockchain technology … Crypto Profit Investment In …
Bitcoin (BTC) seems poised for a major breakout, if prominent analysts are to be believed. The world’s most popular cryptocurrency has been stuck in a consolidation phase for a record-breaking 87 days, but experts say this slumbering giant might be about to awaken with a vengeance. Charting A Course For Breakout Faibik, a well-known crypto […]
Australian rapper Iggy Azalea, co-founder of a telecommunication company, has announced the relaunch of the company with a unique twist. In a recent social media post, Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using $MOTHER or Sol. This move is part of a broader effort to increase […]
BlockDAG’s Keynote 2 Sparks Buzz; 1000% Surge Wows Influencer, Solana Mints Surge & Bitcoin Cash Experiences Investor Caution The token creation on the Solana blockchain has seen a significant increase, driven by its efficient transaction capabilities and low operational costs. These are particularly attractive to developers focused on meme coin projects. In contrast, despite its […]
Mike ter Maat spoke with Cointelegraph on the role digital assets might play in the 2024 U.S. presidential elections, the Fed looking into CBDCs, and Donald Trump’s conviction.
TL;DR Bitcoin fluctuated between $68,500 and $72,000, stabilizing at $69,500. Analysts predict a possible rise to nearly $90,000 despite current instability. The meme coin Brett (BRETT) hit an all-time high of $0.20 and reached a market cap of $1.7 billion before slightly retracing. It is currently the 65th-largest cryptocurrency. Shiba Inu (SHIB) dropped 7% weekly […]
Crypto market sell-off has resulted in $410 million in liquidations
Bakkt, a cryptocurrency platform backed by the New York Stock Exchange (NYSE) owner, is exploring a potential sale or even a breakup, Bloomberg reported, citing “people familiar with the matter.” However, Bakkt did not confirm or deny anything officially. A Major Decision Incoming? The report outlined that the Georgia-based company has been working with financial […]
As of June 5, 2024, Solana was valued at $174 and had a market capitalization of $80 billion, making it the fifth-largest cryptocurrency.
Notcoin (NOT), a relatively new entrant in the cryptocurrency market, has recently formed a falling wedge pattern on its price chart. This technical formation is characterized by converging trendlines that slope downwards, signaling a potential bullish reversal. Typically, a falling wedge pattern occurs after a prolonged downtrend, indicating that the asset’s price is likely to […]
The Solana network is a popular home for meme coins and a new X thread has shown the wild tactics some founders have used in an effort to make money from their own token launch. One of the most recent meme coin launches saw a founder accidentally set himself alight, leading to serious burns to […]