Yesterday saw Chiliz CHZ through its highest daily volume inflow since last month. That led to a huge surge as it retested a key level with rejections. It briefly lost steam and is now looking down 5% at the time of writing. Chiliz saw a lot of gain in the first quarter of the year […]
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest crypto exchanges increased by 16.4%, reaching 104.6 million visits. Russian Share of Global Traffic […]
Michael Saylor made 360 degree turnaround, validates spot Ethereum ETF
The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after experiencing a brief 20% price correction that sent it as low as $56,400 in early May. This consolidation period comes as inflows into the US spot Bitcoin ETF market have reignited, and selling pressure appears to […]
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck.
A US regulator says it’s reached a $1.5 million settlement with a bank that caused “significant harm” to its customers. The Federal Deposit Insurance Corporation (FDIC) says Bank of England, based in England, Arkansas, deceived veterans into overpaying for services while not delivering the products they were entitled to. The regulator says one of the bank’s […]
Crypto analyst Jason Pizzino says he’s looking at four altcoins flashing signs of strength, which include Solana (SOL) and the memecoin Pepe (PEPE). In a new strategy session, Pizzino tells his 327,000 YouTube subscribers that alongside SOL and PEPE, derivatives platform Pendle (PENDLE) and decentralized GPU rendering blockchain Render (RNDR) have strong-looking market structures. According […]
In a recent development within the cryptocurrency sector, Bitget, a prominent crypto exchange and Web3 company, appointed Gracy Chen as its new CEO.
Ethereum’s most recent upgrade, Dencun, saw massive improvements to scalability and sky-high transaction fees. In its seven-year history, Ethereum has left a major mark on the cryptocurrency industry. The king of DeFi is under constant development, and the core team has unveiled a timeline for the blockchain’s latest upgrade – known as the Pectra Upgrade. […]
[PRESS RELEASE – Claymont, Delaware, May 27th, 2024] EthosX is excited to announce the launch of its new Perpetual Options product being launched in partnership with kanalabs.io on their front end. Called OPerps, it aims to be one of the most accessible and efficient ways to enhance returns by using knowledge about short-term market events. […]
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.