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Grayscale Bitcoin ETF witnesses outflow amounting to $121 million
12.6.2024
Grayscale Bitcoin ETF witnesses an outflow of $121 million following a selling exercise of 1,800 BTC. From the time the bitcoin ETF received consent, the selling of assets has reached the figure of 335,000 BTC, whereas, in the case of different suppliers, they are noting down figures about inflows....
Ethereum Funds reach record inflows, highest since March
12.6.2024
Ethereum investment products have received record inflows, with the latest installment being higher than those recorded since March 2024. According to CoinShares’ latest report, these funds have attracted $69 million in the past week. This increase in investment proves that the market...
Artificial Superintelligence Alliance postpones token merger to July
12.6.2024
The Artificial Superintelligence Alliance, which includes SingularityNET, Fetch.ai, and the Ocean Protocol, is currently in the formation of the ASA. It has declared a new date for the ASI token merger. The date has been changed from June 13, 2024, to July 15, 2024, as a result of technological...
iFX EXPO International 2024 is almost here!
12.6.2024
The Online Trading Event of the year in Cyprus is right around the corner! After months of anticipation, the final countdown towards one of the most hyped events of the year, iFX EXPO International 2024, is officially underway in Limassol, Cyprus. This landmark B2B event has established itself...
Bitcoin market in flux: Institutional investors, price drops, and miner capitulation
12.6.2024
Bitcoin has recently witnessed a whirlwind within the finance world, with a relatively stable price ranging from a support level of $66,177.99 to a resistance level of $67,597.89 at 9.08 AM (GMT). However, not all have been merry in the crypto market for BTC. With gyrating exchange rates, corporate...
Ripple CEO unveils RLUSD stablecoin at XRP Ledger Apex Summit
12.6.2024
At the XRP Ledger Apex event, Brad Garlinghouse, the CEO of Ripple, revealed the name of the much-discussed stablecoin. The future digital currency, RLUSD, will introduce a revolutionary change in the Ripple network by providing a safe and stable way of executing trades. This exciting announcement...
Ripple Adds Ethereum Virtual Machine Compatibility to XRP Ledger
12.6.2024
The XRP Ledger (XRPL) will now be compatible with the Ethereum Virtual Machine (EVM) thanks to the launch of the XRPL EVM Sidechain by the Ripple team. This new product will enable EVM compatibility and unlock opportunities for decentralized finance (DeFi) and real-world asset tokenization (RWA)...
Iggy Azalea’s MOTHER meme coin opens Pandora’s Box, Ethereum founder joins the conversation
12.6.2024
Iggy Azalea, a top celebrity Australian rapper and founder of the viral meme coin Mother Iggy (MOTHER), which rallied 1000x, is reported to have opened Pandora’s Box after challenging Ethereum (ETH) founder Vitalik Buterin on the X platform over personal financial gains from transaction fees...
Crypto market witnesses 270.4M selloff in the form of liquidations
12.6.2024
Bitcoin, the largest cryptocurrency by market cap, showed a downward trajectory very recently. Ethereum also showed a similar trend, and the selloff resulted in around $270.4 million liquidation. Binance is the top crypto exchange that featured $99.7 million in total liquidations, and the GMCI...
Polygon launches Community grants worth a billion in 10 years
12.6.2024
Over 10 years, the community grants scheme has released 1 billion, and presently, 35 million in MATIC for Polygon and Ethereum projects. All of this is in aid of the developer groups. The initial season about the scheme will entail the release of 3 million MATIC, with the grants being supervised...
Binance integrates Curve (CRV) on Arbitrum One and Optimism
12.6.2024
The exciting news for the DeFi community is that Binance has easily integrated Curve Finance’s token, CRV, into Arbitrum One and Optimism. This strategic decision is expected to significantly enhance Curve Finance’s liquidity and transactional efficiency for those who employ these...
Floki announces expansion in Vietnam
12.6.2024
Floki has announced its expansion into the Southeast Asian market via Vietnam. It will be a strategic move to undertake a marketing campaign and establish its presence in the region. Floki is starting the campaign in Ho Chi Minh City on June 17, 2024. It will last five weeks to reach the most...
Memecoin face-off: PEPE, DOGE, or BEFE for June investments?
12.6.2024
The wild world of cryptocurrency is still crazy about the ascent of memecoins. However, with so many memecoins flooding the market, which ones have the potential for June 2024? Below, we explore three popular prospects, i.e., PEPE, DOGE, and BEFE. PEPE vs. DOGE vs. BEFE PEPE Coin PEPE remains...
How this mid-cap token can 10x your crypto portfolio
12.6.2024
As crypto and blockchain move towards greater institutional adoption and mass embrace, the demand for layer-1 blockchains would see a massive jump. With entrants like BlackRock, MicroStrategy, VanEck, Grayscale, etc, supporting the vision and might of crypto, investors are seeing a huge possibility...
Why pro gamers are going all-in on Blockchain gaming
12.6.2024
Blockchain gaming is all the rage and is no longer just about casual gamers. Professional gamers are one such group of players increasingly adopting this innovative technology. Incorporating blockchain into gaming offers unparalleled opportunities for ownership, transparency, and monetization...
Blockchain Life 2024 to take place in Dubai as the peak of bull run is coming
12.6.2024
The legendary Blockchain Life 2024 will return for its 13th edition on October 22-23. As Dubai gains a reputation as a global crypto hub, the forum is set to be the central event of this year. With the highly anticipated peak of the crypto market growth still ahead, the forum presents an excellent...
BlockDAG’s future-proof strategy: Understanding its advantages over Floki and Fantom for long-term investments
12.6.2024
Navigating the cryptocurrency sea can be quite treacherous. Making a prudent decision on the best cryptocurrency to invest in requires understanding the current and future potentials of various crypto platforms. In this unstable environment, BlockDAG stands out. Recently, the Network launched...
BlockDAG’s stellar growth: 1120% jump as BNB gains and TRON wanes
11.6.2024
While BNB strengthens its position with substantial gains, TRON is facing downturns, raising concerns among its investors. Amid these shifts, BlockDAG shines with a remarkable 1120% increase in its presale value, currently priced at $0.0122. This impressive growth is fueled by the successful launch...
Binance Labs backs Zircuit to enhance L2 security with AI sequencer
11.6.2024
Zircuit has recently received a significant financial boost from Binance Labs, which is part of the company that invests in and incubates startups. Zircuit is a rapidly growing innovation that leverages zero-knowledge rollups and comes with high-level security provided at the sequencer level in...
Ripple buys Standard Custody, names Jack McDonald SVP of stablecoins
11.6.2024
Ripple has performed exceptionally well in achieving yet another feat, as the company successfully struck a deal to acquire Standard Custody & Trust Company, a virtual asset custodian. The regulatory authorities’ approval of this important acquisition will complement Ripple’s...