Polyhedra Launches New Staking Program with $1.13M in Rewards
crypto-economy.com

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 […]

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Solana Innovator Squads Labs Raises $10M and Unveils Fuse Wallet App
crypto-economy.com

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 […]

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Justin Sun Allegedly Deposits $21M In DeFi Tokens To Binance, Poised For Significant Profits
nulltx.com

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 […]

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Inflation Explained: What It Is and Why It Happens
news.bitcoin.com

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 […]

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Loopring Smart Wallets Suffer a $5 Million Exploit
cryptopotato.com

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 […]

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Polkadot (DOT) Price: Rebound Soon?
u.today

Polkadot’s huge comeback seems inevitable during this cycle, although bulls will have to wait once more

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US Pension Fund's Interest in Bitcoin: FOMO or a Future-Proof Strategy?
www.financemagnates.com

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 […]

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Bitfarms adopts shareholder rights plan as Riot attempts takeover
cointelegraph.com

The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding.

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An Amazing Guide To <b>Cryptocurrency</b> Investments And Navigating The Resurgence In 2024
www.google.com

The resurgence of cryptocurrency investments is a testament to the transformative potential of blockchain technology … Crypto Profit Investment In …

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Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation
www.newsbtc.com

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 […]

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Rapper Iggy Azalea to Sell Phones and Cell Plans for MOTHER Token or Sol
news.bitcoin.com

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 […]

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BDAG’s Stunning Keynote 2; Solana Growth & BCH Stagnation
nulltx.com

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 […]

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Libertarian VP nominee: No new regulatory structure needed for crypto
cointelegraph.com

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.

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Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10
cryptopotato.com

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 […]

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XRP Surges 103% in Volume as Market Faces $410 Million Sell-Off
u.today

Crypto market sell-off has resulted in $410 million in liquidations

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NYSE Parent’s Crypto Platform Bakkt Considers Potential Sale: Report
www.financemagnates.com

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 […]

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Beyond Bitcoin and Ether: 10 cryptocurrencies you need to know – Quartz
www.google.com

As of June 5, 2024, Solana was valued at $174 and had a market capitalization of $80 billion, making it the fifth-largest cryptocurrency.

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Notcoin (NOT) Develops Falling Wedge Triangle: Rally Looms?
www.newsbtc.com

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 […]

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Founder Sets Himself On Fire And Six Other Crazy Solana Memecoin Launch Stunts
cryptonews.com.au

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 […]

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Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition
news.bitcoin.com

Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which seeks to rebuild its industry in three years as part of […]

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Boomers hold the key to wealth, even in cryptocurrency
cointelegraph.com

Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the foreseeable future?

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Analyst Names One Undervalued Low-Cap Altcoin With Strong Narrative, Updates Outlook on FLOKI
dailyhodl.com

A closely followed analyst says one altcoin flying under the radar may be trading well below its fair value. Pseudonymous analyst Inmortal tells his 214,300 followers on the social media platform X that he’s long-term bullish on Mythos (MYTH). Mythos is a multi-chain ecosystem that aims to democratize gaming for creators and players. According to […]

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Crypto Strategist Predicts Big Bitcoin Breakout in Seven to 10 Days – Here’s His Target
dailyhodl.com

An analyst known for making contrarian crypto calls thinks that Bitcoin (BTC) is days away from igniting a big burst to the upside. Pseudonymous analyst Credible tells his 396,100 followers on the social media platform X that Bitcoin is likely due for one last leg down before a huge breakout. The crypto trader says BTC […]

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ARBITRUM PRICE ANALYSIS & PREDICTION (June 10) – ARB Bounces Off $0.9 In The Latest Dip, Can It Hold As Solid Support?
nulltx.com

The recent meltdown has put Arbitrum ARB in a more bearish condition as it lost a key level. While providing a discount for a long-term buy, it has found support and now decides on where next to head on a daily scale. After witnessing a short bounce, ARB saw a rejection at $1.28 earlier last […]

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SHIB Rival WIF Worst Performer in Top 100 as Crypto Dips
u.today

Amid painful liquidations, largest meme coins plummeting, with WSB cryptos posting double-digit losses

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Binance Reaches 200 Million Users amid Crypto Market Surge
www.financemagnates.com

Binance, the world’s leading digital asset exchange, has reached 200 million users. This milestone comes alongside another notable achievement this year: the platform now holds $100 billion in user assets under custody. Binance Achieves Milestone of 200 Million Users The 200 million user mark represents a substantial portion of the global cryptocurrency user base, with […]

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Memereum Surpasses 21 Million Tokens Sold in Presale, Pioneers Blockchain-Based Insurance on Binance Smart Chain
cryptopotato.com

[PRESS RELEASE – Monaco City, Monaco, June 10th, 2024] Memereum, a groundbreaking Binance Smart Chain token, is excited to highlight the success of its ongoing presale for its innovative services. Memereum is designed to offer the first blockchain-based insurance, positioning itself as a potential next 100x crypto investment opportunity due to its robust technology backbone. […]

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Unravelling the crypto puzzle: navigating rules and regulations for trading in South Africa
www.google.com

Cryptocurrency fever is sweeping South Africa, luring fans to explore the exciting realm of virtual currencies. Let's talk about the specifics of …

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Shiba Inu Price Could Skyrocket By 1,100%, Predicts Analyst
www.newsbtc.com

In an analysis, Moataz “Eljaboom” Elsayed, a crypto analyst and Forbes 40 under 40 nominee, has forecasted a significant surge in the value of Shiba Inu (SHIB). According to Elsayed, the meme-based cryptocurrency is poised for a potential increase that could see its value reach $0.00024, marking an unprecedented 1,105% gain from its current levels. […]

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Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase
news.bitcoin.com

Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation with minor fluctuations. The price hit a high of $69,840 before retracting […]

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DePIN protocol io.net CEO departs 2 days before token launch
cointelegraph.com

Ahmad Shadid, one of the founders of io.net, left “effective immediately” but said it wasn’t related to allegations regarding his past.

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Economist Henrik Zeberg Says Altcoins Set To Go ‘Flying’ in Blow-Off Top Style Euphoric Bull Run
dailyhodl.com

Economist Henrik Zeberg says that the altcoin market is setting up for a parabolic run to new highs before the global economy witnesses a recession. Zeberg tells his 143,000 followers on the social media platform X that he’s looking at the TOTAL-ETH-BTC chart, which measures the entire market cap of crypto assets besides Bitcoin (BTC) […]

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