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Japanese crypto firms rally for crucial tax reforms
20.6.2024
The Japanese cryptocurrency industry is stepping up its lobbying efforts against stringent taxes preventing the growth of digital assets in the country. Leading this campaign is the Japan Blockchain Association (JBA) headed by Yuzo Kano, the CEO of bitFlyer Holdings which is one of the largest...
Binance fights back against $4.4M Canadian AML fine
20.6.2024
Binance has filed a lawsuit challenging the Canadian Financial Transactions and Reports Analysis Centre’s (FINTRAC) fine of $4.4m. The penalty was imposed in May and concerns the lack of compliance with laws regarding the anti-money of money laundering (AML) and the financing of terrorism (CFT)....
Ethereum to dominate altcoin season fueled by ETFs and MVRV
20.6.2024
Altcoin season will commence not based on a date, but based on market sentiments. When it commences, expectations are that digital assets other than Bitcoin ($BTC) will gain not just recognition but also token value. However, the focus could be largely on Ethereum ($ETH), and it may end...
Pantera Capital believes Biden’s crypto pivot to be sincere
20.6.2024
Joe Biden’s recent pivot to the crypto market has caused havoc in the community. The consensus surrounding the shift was of doubt. Multiple reasons justified the skepticism around the pivot. The US President had previously blocked a pro-crypto bill. The bill was aimed at eliminating guidance by...
Bernstein expects major wirehouses to approve Bitcoin ETFs soon
20.6.2024
The Bitcoin ETF trade has been the subject of conflicting discussions, with retail investors coercing initial distributions and institutional participation limited to basis trade. This demonstrates that ETF flows are essentially fabricated. Analysts at Bernstein, a research and brokerage-oriented...
BitTorrent officially releases BTFS V3.0 (Heisenberg) mainnet
20.6.2024
BitTorrent has announced the official release of BTFS V3.0 Heisenberg on the mainnet. The new update brings multiple intuitive features to elevate user experience, operational efficiency, and network security. The mainnet release was made on the official X account of BitTorrent. The tweet, along...
OneFootball and Animoca Brands establish OneFootball Club
20.6.2024
OneFootball, in collaboration with Animoca Brands, has established a premium OneFootball Club OFC) on Base. This club is intended to bring enjoyment to the entire global football community. Incidentally, the football platform is known to have over 200 million connected football enthusiasts under...
Whales transfer over 52M XRP to exchanges amid price recovery
20.6.2024
XRP is showing signs of price recovery by hovering within a defined range. This is a good signal, as the token aims for a higher milestone and the XRP lawsuit nears its settlement. In this scenario, two transactions stand out. Their collective transfer to centralized exchanges amounts to more than...
Forex Expo Dubai set to be world’s largest online trading event with over 15,000 attendees
20.6.2024
Forex Expo Dubai is gearing up to host over 15,000 attendees from more than 50+ countries, solidifying its position as the largest event of its kind this year. Scheduled to take place once again in Dubai on October 7-8, 2024, this underscores Dubai’s enduring role as a global hub driving...
Which cryptocurrency to invest in June 2024: BlockDAG presale hits $52.2M, XRP prices remain undervalued, & Cosmos faces outage
20.6.2024
Despite Ripple (XRP) achieving regulatory clearance, it still trades under $0.5, leaving its advocates disheartened. Cosmos encountered a significant setback with a nearly four-hour downtime during its v17 upgrade, showcasing some vulnerabilities. Conversely, BlockDAG is pioneering new frontiers...
BTC, SHIB, and XRP see fluctuating movements on the price chart
19.6.2024
Bitcoin is down to a crucial level. Shiba Inu is still on the verge of recovery. XRP is expected to gain momentum as time passes. The crypto market, in a macro sense, is affected by several factors. This includes economic conditions, Federal Reserve decisions, regulatory compliance, recognition...
Martin Shkreli claims to co-create controversial DJT token
19.6.2024
DJT, the Solana-themed token based on Donald Trump, has been in the news for a bit. The token is gaining precedence once again but because of some controversial claims. Martin Shkreli, the problematic entrepreneur recently claimed to have co-created the DJT token. The news was shared by ZachXBT...
BlockDAG’s Keynote 2 unveils X1 miner beta app: Mine $6000 a month by 2025, big profit opportunity for Cosmos and Maker investors
19.6.2024
Ready to uncover the next big crypto investment? BlockDAG has emerged as a major contender, capturing investors’ attention with a stunning $50.8 million raised in its presale. As the cryptocurrency world evolves, savvy investors seek opportunities for substantial returns. BlockDAG‘s...
Hedera wallet snap now supports smart contract service
19.6.2024
The team at Tuum Technologies has announced the release of an updated version of the Hedera Wallet Snap. The Token Service and Smart Contract Service of Hedera are now completely integrated with the wallet snap. The most recent update to MetaMask unlocks a plethora of opportunities. The latest...
Moonbeam rolls out $13M fund for Web3 gaming growth
19.6.2024
Moonbeam Network, a popular platform for Web3 smart contracts, has recently started a significant funding campaign worth $13 million. The overall goal of this move is to jump-start the growth and advancement of its ecosystem, with a particular focus on gaming and tokenization of real-world assets...
Ripple’s legal woes and SEC appeals dim XRP’s outlook
19.6.2024
XRP, one of the widely-used cryptocurrencies, plummeted by 2.65 percent on Tuesday, June 18th. This decline partially mitigated the previous day’s increase when it had climbed by 3.19 percent and traded at $0.4914 at the close. Despite this, XRP’s value has been swinging as legal advancements...
Helium mobile forges a collaboration with LongFi solutions
19.6.2024
Helium Mobile has created an exclusive partnership with LongFi Solutions to introduce its mobile network solutions to Oaxaca, Mexico. Prior to this, LongFi had been utilizing the Helium network for linking purposes. The co-founders of Helium, Jose Torres and Andrew Warshauer, along with LongFi’s...
Kantana and The Sandbox are on a joint venture focusing on Metaverse entertainment
19.6.2024
The Sandbox, a market-leading metaverse platform, and Katana, Thailand’s top-rated internet company, are on a joint venture to produce the inspirational future of metaverse entertainment. The unique partnership utilizes Kantana’s storytelling capability with the Sandbox’s user-generated content...
Bitwise modifies S-1 form to secure SEC approval for ETH ETF
19.6.2024
Bitwise, a leader in the field of crypto fund controlling, has made certain changes to its S-1 form for Ethereum ETF by adding relevant information, enabling it to receive the SEC’s consent. This is as per the US Securities and Exchange Commission’s instructions and includes information related...
The Sandbox purchases a diverse array of popular memecoins
19.6.2024
The Sandbox is an international community dedicated to encouraging virtual artists and creators. The top executives of the Sandbox believe that the culture of creativity is a foundational stone of the open metaverse. The purchase of the coins above will help support specific communities. The...