Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season […]
Ripple CTO David Schwartz tries to answer why XRP and XLM move in sync
Algorand (ALGO), the blockchain platform known for its speedy transactions and energy efficiency, has caught the eye of crypto analysts. Popular analyst ZAYK Charts identified a potential paradigm shift for ALGO, pointing to a price breakout on the 12-hour chart that could propel the token 40-50% higher. Algorand: Breaking The Resistance Barrier Technical analysis, a […]
If Grayscale’s slated spot Ether ETF follows the same path as its Bitcoin one, there could be some short-term pressure on the price of ETH.
TL;DR Ethereum’s L2 Milestone: Ethereum’s Layer 2 networks have reached a $47 billion TVL, with Arbitrum One leading at $19.3 billion. This reflects significant growth and adoption of L2 scaling and cost-reduction solutions. SEC’s Support: The U.S. SEC approved spot Ethereum ETFs from major issuers like BlackRock and Fidelity, following the approval of Bitcoin ETFs, signaling increased […]
TL;DR Donald Trump has promised that the future of Bitcoin will be forged in the United States and he will oppose the creation of a central bank digital currency (CBDC). Donald has committed to commuting the sentence of Ross Ulbricht and defending the “right to self-custody” for crypto users, in an attempt to gain favor […]
Ondo has seen a notable recovery since the start of the month, but this week marked its highest volatile period as it broke out to a new high. It appeared bullish daily but is likely to pull back due to a slight rejection. After five weeks of consolidation phase, accompanied by multiple rejections, Ondo initiated […]
Social media influencer Caitlyn Jenner was reportedly socially engineered to promote a fraudulent cryptocurrency called JENNER.
A closely followed crypto strategist who’s been bullish on Solana (SOL) for the past year is suddenly flipping bearish on the Ethereum (ETH) rival. In a new video, pseudonymous analyst Bluntz tells his 259,600 followers on the social media platform X that Solana appears to have completed a five-wave rally. Bluntz practices the Elliott Wave […]
A crypto whale was spotted over the weekend scooping up massive amounts of altcoins from the Ethereum ecosystem following the listing approval spot ETH exchange-traded funds (ETFs) from the U.S. Securities and Exchange Commission (SEC). First reported by blockchain tracking firm Lookonchain, a whale with a series of wallets bought Ethereum just above the $3,000 […]
Michael Saylor, initially sceptical, now supports Ether ETFs, believing they benefit Bitcoin by drawing institutional interest. Saylor changed his view after realising that Ether ETF approval could bolster the entire crypto industry, including Bitcoin. He predicts that mainstream investors will allocate a significant portion of their crypto investments to Bitcoin, reinforcing its dominance. Michael Saylor […]
Ether could rally another 15% before the first ETFs start trading on the market, according to Arthur Cheong.
TL;DR Floki Inu (FLOKI) saw a 20% rise in the last 24 hours, boosting its market cap to around $2.6 billion and reclaiming the fifth position in the meme coin sector. Increased trader interest, upcoming announcements, and a significant token burn by the Floki DAO might have contributed to the price surge. FLOKI on the […]
PRESS RELEASE. Apu Apustaja, a new memecoin making waves in the industry, has announced impressive support from its rapidly growing community, including over 11,650 coin holders and more than 13,000 Telegram channel members. Leading a revolution in the sector, which sees frog memecoins replacing dog-themed coins. Behind its sudden surge in popularity are a highly […]
Warning comes after NYAG’s recent settlement with embattled lender Genesis
B2C2, a cryptocurrency market maker owned by Japan’s SBI Holdings, has opened a new Singapore office and will apply for a Major Payment Institution (MPI) licence in the city-state. Announced today (Monday), the move comes as the company is set to strengthen its presence in the Asia-Pacific region, labelling it as a “growth phase.” Betting […]
In an exchange on X, Ripple‘s Chief Technology Officer (CTO), David Schwartz, also known as JoelKatz, responded to queries about the strikingly similar price movements of XRP and Stellar (XLM). This discussion has brought to light not just the intertwined market dynamics of these two major cryptocurrencies but also the complex factors influencing their valuation. […]
Cryptocurrency, the digital or virtual currency operating independently of centralized entities like governments or banks, has witnessed unprecedented …
Billionaire venture capitalist Chamath Palihapitiya believes that the US economy is already in the midst of a downturn. In a new episode of the All-In Podcast, Palihapitiya explores why more than half of Americans believe the economy is in a recession even though the GDP rose by 1.6% last quarter. According to Palihapitiya, the negative […]
TL;DR Chainlink secures 12 integrations across 9 different platforms to boost its adoption and relevance within the blockchain ecosystem. The integrations encompass various services, such as its Cross-Chain Interoperability Protocol (CCIP), Mainnet Integration, and Price Feeds. Platforms like Seamless Protocol, Mind Network, and FlashLiquidity have integrated Chainlink’s services with specific goals, such as calculating collateral […]
On May 20, 2024, Binance announced that it was seeking applicants from small —and medium-cap projects to foster a more diverse and sustainable cryptocurrency market. Binance made this move to address the low circulating supply experienced by recent token listings and to enhance crypto market conditions. By inviting promising small-cap projects, like RCO Finance (RCOF), […]
Cointelegraph heard from Gracy Chen, the newly appointed CEO of Bitget, to understand her strategy leading a top crypto exchange as a female in a male-dominated industry.
In a strikingly optimistic forecast amidst favorable market conditions, cryptocurrency analyst and trader Edrag Crypto, has provided a bullish review for XRP, predicting that a massive run for the digital asset could be on the horizon. The analysis explores a confluence of positive market indicators and trends that demonstrates the potential for XRP to attract […]
Aptos hit a new daily transaction record of over 115 million, nearly tripling Solana’s figures, partly due to the new Tapos Cat game. Despite a slight decrease from April, the Total Value Locked (TVL) on Aptos has shown consistent growth. Aptos Ascend, in partnership with Microsoft, SK Telecom, and BCG, aims to enhance institutional engagement […]
Over a year since the Dencun upgrade went live on Ethereum, attention has shifted to Pectra, which is scheduled for release by early 2025. After evaluating various timeline options, Ethereum developers said they have decided against rushing a release before Devcon in November 2024. Instead, they’re choosing a more careful approach to incorporate additional user […]
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […]
Solana stays in touch with market, staying above crucial price threshold
BitMart, a global cryptocurrency exchange, has announced the addition of the Euro (EUR) to its peer-to-peer (P2P) trading marketplace. This new feature aims to provide European users with enhanced opportunities for cryptocurrency trading. Diverse Exchange Rates for User-Seller Deals The P2P trading platform at BitMart allows users to interact with multiple sellers who offer various […]
Former President Donald Trump is continuing to express his support for the crypto industry, saying that he will protect the right of 50 million Americans to self-custody digital assets. Speaking to his supporters in Washington D.C., the 2024 Republican candidate says that he’s going to “crush” the Biden Administration’s anti-crypto stance. Trump goes on to […]
Cryptocurrency Price Today: Bitcoin sits above $68k, Ethereum around $3900 https://t.co/xmOiEkc5Ln.
The unfortunate trader suffered a loss of over 99% on his initial $1.16 million investment following a smart contract exploit.
TL;DR Phantom’s Leadership: Phantom Wallet, designed for Solana, has become the top finance app on Google Play in the U.S., surpassing CashApp and PayPal, with 770,000 downloads in April 2024. Innovative Features: Phantom offers a user-friendly interface, robust security with hardware wallet support, and an integrated decentralized exchange, contributing to its rapid adoption and popularity. […]