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Bitcoin open interest high: Short positions fueling the fire?

27.6.2024
Open interest in Bitcoin ($BTC) is high. This has sparked a series of questions regarding the token’s ability to sustain optimistic resistance margins. One theory that has come forward states that the Open Interest, or OI, is high because short positions are greedy. The theory further states...

Kenya’s Gen Z Embrace Bitcoin Amid Finance Bill ‘24 Protests

27.6.2024
In this post Kenyan youths find a safe haven in Satoshi Nakamoto’s freedom coin, Bitcoin, amid the Finance Bill 2024 protests. BTC contributors in Kenya call on the youths to educate themselves on BTC and decentralized finance. Kenyans led by Gen Z have taken to the streets to reject...

Bitstamp confirms product upgrades before MiCA regulations

27.6.2024
Bitstamp, one of the largest crypto exchange platforms, has confirmed that it will enhance its offerings in the coming days, with a maximum of June 30, 2024. The confirmation comes ahead of the MiCA regulation’s implementation across the European Union. MiCA, an acronym for Markets...

Crypto Super PAC Ads Key in Rep. Bowman’s New York Primary Loss

26.6.2024
In this post Jamaal Bowman loses the Democratic primary election because of his chokehold stance on crypto. Bowman’s close ties to Elizabeth Warren could have caused his political losses. Jamaal Bowman is well known in the crypto community for his anti-crypto stance, and this did not sit well with...

$6.6B Bitcoin & $3.5B Ethereum Options will Expire on Friday

26.6.2024
In this post A total of $6.6 billion in Bitcoin options and $3.5 billion in Ethereum options will expire on Friday, 28th, 2024. Bulls and bears struggle to stabilize the crypto market as the BTC’s Fear and Greed falls to 49. The last few weeks of June have shown immense volatility in the crypto...

VanEck to launch a spot Ethereum ETF for free on July 2

26.6.2024
VanEck files Form-8A related to its spot Ethereum ETF and simultaneously eliminates ETF fees until its assets reach the $1.5 billion target.  According to analysts’ calculations, the Ethereum ETFs are anticipated to be introduced by the beginning of July. This decision has enabled...

Crypto.com teams up with prime crypto tax providers

26.6.2024
Crypto.com, the innovative platform for payments and cryptocurrency, has announced partnerships with top-tier tax providers, including Koinly and TokenTax. The partnership is designed to offer users the most comprehensive and dependable tax support possible. Since the acceptance of crypto...

Ethereum Foundation mailing list leaked due to SendPulse vulnerability

26.6.2024
A mailing list breach has occurred at the Ethereum Foundation due to vulnerabilities in its email automation solution, SendPlus. This feature is essential and implemented by the organization. A hacker exploited this advantage and sent fraudulent emails from updates@ethereum.org, specifically...

German Government Moves 250 Bitcoin Worth $15.42m

26.6.2024
In this post The German government has moved an additional 250 Bitcoin worth $15.42 million. The moved BTC stash is part of the 50,000 Bitcoin seized from Movie2k.to. Crypto traders operate on neutral market sentiment as bulls worry about an inbound crypto winter. Since mid-June 2024, Germany...

Farmsent integrates Chainlink for enhanced trade finance

26.6.2024
Farmsent, a trade finance platform located in the UAE, has recently announced its affiliation with Chainlink’s tokenized asset system. This partnership seeks to enhance Farmsent’s solutions concerning traceability, cross-border payments, and decentralized financing. The integration of Chainlink...

K-pop goes Web3: NFTs, DAOs, and fan engagement

26.6.2024
According to Justice Kim, the Head of Ava Labs’s Korea division, K-pop groups are planning to integrate Web3 features into their musical endeavors and collections. He added that the young generation in Korea, both women and men, is absolutely fanatical about K-pop groups, with expectations...

Immutable and MARBLEX forge Web3 gaming hub in South Korea!

26.6.2024
Immutable, a blockchain technology company, has recently announced a new partnership with MARBLEX, a prominent game platform operated by Netmarble. The idea behind this partnership is to create the foundation for Web3 gaming in South Korea. Both companies are making substantial progress towards...

ADA thrives despite ongoing DDoS attack on Cardano

26.6.2024
Cardano is reportedly facing a DDoS attack; however, its native token and network are still thriving. ADA is up, and the network is as strong as it should be. The network is operational because there is no single point of failure, plus the protocol has the maximum load spread. The DDoS attack began...

Brad Garlinghouse calls Gary Gensler’s remark absurd

26.6.2024
Brad Garlinghouse opined that the remarks of Gary Gensler will cause Joe Biden to lose the election. The American SEC chief has stated that all crypto executives have been subjected to legal and punitive actions. He also says that there is significant noncompliance in the global cryptocurrency...

Enjin and the Crypto Rabbit Hole partner for TCG innovation

26.6.2024
In order to revolutionize the trillion-dollar trading card game (TCG) market, Blockchain gaming trailblazer Enjin has teamed up with Crypto Rabbit Hole (CxRH), a unique game that combines real and digital trading card aspects. Crypto Rabbit Hole (CxRH) merges thrills with crypto know-how, easing...

Solana Foundation adds Solana Actions and Blinks to developer tools

26.6.2024
The Solana Foundation has released Solana Actions and blockchain links (blinks) as a component of its developer tools, thereby enabling the integration of blockchain transactions into all platforms. For the uninitiated, the Solana Foundation is a non-profit entity created exclusively to promote...

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