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Nalezeno "CryptonewsZ": 22040

Lawmakers & blockchain innovators to meet for bitcoin reflection

17.6.2024
Congressman Ro Khanna is initiating a meeting to reflect on the stand of the US towards bitcoin and blockchain. In attendance will be the US lawmakers, as well as the big-time players involved in the innovation of blockchain technology.  This is slated for sometime in July and will witness...

Cardano in peril: Will ADA price crash to $0.38?

17.6.2024
Cardano (ADA), once heralded as a blockchain revolution, is currently facing a troubling future outlook. Market analysts and traders are closely monitoring ADA, as signs suggest a potential plunge to $0.38. This prediction is rooted in a combination of market dynamics, technical analysis,...

Bitwise predicts the potential of Crypto and AI growth

17.6.2024
According to the report, the integration of crypto and artificial intelligence will have a big impact on the economy. The American spot Bitcoin ETF provider made the forecast at an annual conference in Austin. The conference witnessed the exchange of innovative ideas like the future of blockchain...

The inspirational success story of an Australian Bitcoin miner

17.6.2024
The recent price hike can be attributed to the capability of Iren Energy to run NVIDIA’s AI chips in its data centers. It is expected that Iren will tap the infinite potential of the AI gold rush. Iren has data centers in British Columbia and Texas and they are backed by renewable energy sources....

Trezor has introduced its landmark creation Trezor Safe 5

17.6.2024
Trezor brings in its landmark gadget, Trezor Safe 5, coming with added safety aspects, as well as a color touchscreen and Trezor Expert, an onboarding solution, for the benefit of fresh users.  CryptoSlate received exposure to the gadget at the time of its unveiling at BTC Prague. The Trezor Safe...

Whale increases PEPE holdings by $1.75 million despite previous losses

17.6.2024
Among the peculiarities of the constantly fluctuating crypto market, there are large investors or ‘whales,’ who possess the ability to shift the market trends. More recently, a large whale was in the news for upping their stake in PEPE, a meme-based, or joke, cryptocurrency by $1.75 million. This...

Crypto whale nets $7M from WBTC & ETH investments!

17.6.2024
One of the largest traders in cryptocurrencies closed his longs in WBTC and ETH and made a profit of $7 million. He sold 76.6 WBTC and 2,265 ETH for $13.19 million. This was the end of a leveraged investment plan that he started by borrowing funds from Aave with 5,545 ETH as collateral to purchase...

Polygon struggles below resistance, buyer efforts stalled

17.6.2024
Polygon (MATIC) has for some time now, been absolutely unable to rise above the resistance level and is presently staring at the figure of $0.62, from $0.75.  In spite of all its attempts, MATIC has totally remained unsuccessful in making the slightest comeback, as per the market observers....

Bitcoin mining could trigger a bull run for BTC

17.6.2024
Bitcoin ($BTC) is driven by several factors. It includes the decision of the Federal Reserve to cut rates, risk appetite of investors, Halving, and ETF offerings. One factor that has majorly remained hidden in the flood of headlines is Bitcoin mining. The community speculates that it could help...

Uniswap bounces back: 64.25% surge in open interest signals bullish trend

17.6.2024
Uniswap (UNI), a leading decentralized finance (DeFi) protocol, has experienced a significant price rebound, accompanied by a notable 64.25% increase in open interest. This surge in activity has captured the attention of traders and analysts, raising questions about the factors driving this...

SEC rejects Ripple Labs plea to lower fines, insists on nearly $2B penalty

17.6.2024
The San Francisco based Ripple Labs Inc. is currently engaged in a legal battle with the SEC over the latter’s request for a $2 billion penalty. They are advocating for a decrease, claiming that Terraform Labs’ recent $4.5 billion settlement is a point of reference. Ripple’s lawyers also say that...

Binance initiating the registration of its ZKsync (ZK)

17.6.2024
Binance, the biggest cryptocurrency exchange globally, has initiated the registration of its ZKsync, along with the introduction of a ZK token allocation scheme. Trade, about the latest spot trading pairs, is slated for the 17th of June, 2024.  The spot trading pairs which are accessible to ZKsync...

Shiba Inu’s burn rate explodes over 800%, signals a buying trend

17.6.2024
Shiba Inu is modestly trading around $0.00002023, down by 2.36% in the last 24 hours at the time of writing this article. While it does not showcase a bullish run at the moment, speculation is that SHIB could eventually rebound to a higher value. This thesis gains strength from the fact that...

Base emerges as major player in Ethereum rollup with SocialFi integration

17.6.2024
Base, which is a Coinbase nurtured Ethereum layer 2 network, is now a fiery competitor in the Ethereum rollup scenario, gaining an enormous user base via SocialFi apps, on its platform, like Friend.tech, Aerodrome, a sought-after decentralized exchange and Moonwell, a lending protocol. It also...

South Korean crypto exchanges may deregister up to 600 altcoins

17.6.2024
South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space.  As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....

Rumors of SEC settlement behind highs and lows of XRP

17.6.2024
Rumors doing the rounds regarding a possible settlement by the SEC is creating the oscillation of XRP price reaching $0.5049, to go south almost immediately. Previously too, the price lowered by 0.27%, from the figure of 3.50%, finally standing at $0.4892, following a further decline by 1.77%. ...

How to regulate Web3 effectively for global innovation?

17.6.2024
Web3, a decentralized Blockchain tech-powered revelation that can drastically improve all aspects of the modern internet, but there’s a problem. Despite the potential Web3 has to democratize the crypto industry, the regulatory scrutiny it’s facing today rivals the hurdles tackled by traditional...

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