Search
Reasons to back Ethereum in June
10.6.2024
The crypto segment has a collective market cap of $2.53 trillion when writing this article. It is dominated by Bitcoin (BTC), with a share of 54.1%. Ethereum (ETH) follows with a share of 17.45. Should it receive more support, chances are Ethereum would fetch better returns and possibly a larger...
Crypto King reveals an exciting future for Shiba Inu!
10.6.2024
SHIB faced major criticism for being down by -73.84% since its all-time high three years ago, and many critics believe the token will lose its thirteen billion dollar value. Amid the market divide surrounding Shiba Inu last week, Crypto King took to social media X to refute claims of Shiba...
Loopring suffers huge losses after security lapse in ‘Guardian’ service
10.6.2024
According to the information available from the market, $5 million was drained from wallets powered by Loopring’s guardian service. Loopring, the Ethereum zkEVM protocol, is often termed Ethereum’s most secure wallet. They shared details of two wallet addresses badly affected by...
Option2Trade: Can O2T become bigger than SOL and WIF in June?
10.6.2024
As Option2Trade prepares to take on June, its performance will be closely monitored by those looking to invest in the next big thing. With the right blend of technology, strategy, and community backing, Option2Trade (O2T) could very well match or surpass the success that Solana (SOL) and Dogwifhat...
Arbitrum DAO invests $222 million in gaming ecosystem growth
10.6.2024
The Arbitrum Decentralized Autonomous Organization (DAO) has recently increased its stake in the Ethereum layer-2 gaming sector through a large investment. The DAO has agreed to invest 225 million ARB tokens, or approximately $222 million, in the development of the gaming industry over the next...
Sky Mavis extricates $5.7M, stolen from Ronin Bridge
10.6.2024
Sky Mavis has successfully managed to retrieve $5.7 million about the stolen amount from Ronin Bridge in 2022, with $40 million remaining. This was made possible with the assistance of the Norwegian official bodies. Regarding the balance amount, the strategy for retrieving it is awaited....
South Korea enacts Virtual Asset User Protection Law, issues NFT guidelines
10.6.2024
South Korea is making significant strides in regulating the rapidly evolving cryptocurrency landscape with the implementation of the Virtual Asset User Protection Law. This landmark legislation, now in effect, aims to safeguard users and ensure the integrity of the virtual asset market. Alongside...
Bitcoin dips below $70k, keeps bullish hopes alive for a rebound
10.6.2024
Bitcoin was previously teased to climb the ladder and reach closer to $84,000. That didn’t happen, but what has happened has signaled the potential for a rebound. Interestingly, it is a dip below the mark of $70,000. Industry experts believe that the dip has brought the opportunity...
Australia follows the US and Hong Kong with the launch of its first spot Bitcoin ETF
10.6.2024
Australia has joined the United States (US) and Hong Kong to launch its first Spot Bitcoin ETF. This development is seen as a major milestone for the crypto industry, as it exposes investors in Australia to Spot Bitcoin ETFs and democratizes access to the digital asset globally. ETFSwap (ETFS)...
FLOKI hits over 417k holders, eyes major educational push in India
10.6.2024
FLOKI memecoin has progressed to the next stage of development, having registered 417,400 holders on the BNB Chain. This points towards the adoption and intensive growth of FLOKI among the various crypto enthusiasts. In an effort to celebrate this success, FLOKI has introduced an interest reward...
PEPE rises 5% following 231 billion whale buyup; now what?
10.6.2024
PEPE, one of the most popular meme coins, is finally eyeing a major rebound. The token recently recorded a huge whale accumulation of 231 billion tokens. The purchase has come at a time when PEPE has dropped massively in price. Lookonchain, a crypto analytics platform, reported that a PEPE whale...
Polkadot faces further declines as ‘Death Cross’ pattern signals bearish trend
10.6.2024
Polkadot’s value dropped considerably as reservations regarding its ecosystem persisted ahead of the JAM chain update. On Monday morning, the DOT token experienced a dramatic decrease to $6.42 at 6:48 a.m. GMT, representing a plunge of over 45% from its high this year. This occurred...
Ripple grows influence with Georgian National Bank partnership
10.6.2024
Despite being in a lawsuit against the SEC for years, Ripple is still generating a buzz in the market. The venture recently entered into a partnership with the NBG (National Bank of Georgia). That is not all, as a recent report shows 80% of Japanese banks are partnering with Ripple. Most of these...
Orbit Chain hacker moves $48 million online via Tornado Cash
10.6.2024
The hacker behind the theft of $48 million from Orbit Bridge has returned to the scene with the intention of transferring the funds using Tornado Cash. Incidentally, the figure hacked has now reached the value of $121 million, having passed a substantially long period. For those who...
Baby boomers emerge as key contributors to cryptocurrency
10.6.2024
The market cap of the crypto segment is approximately $2.54 trillion. Baby boomers have emerged as one of the market’s key contributors, or they are believed to be holding a key to the growth of the cryptocurrency market. This is based on the fact that they serve $68 trillion in assets in...
June outlook: Is BEFE poised for a significant rally?
10.6.2024
Have you seen the market going up every day in the last week? Good news for every investor is that the market has finally started climbing again after weeks of a ride. Amongst the investors, there is a talk about which currency to trust now and put their money in. The one currency that has …
The road to $0.0001: Will Bitgert make it this bull run?
10.6.2024
Experts from the crypto market believe that the market has reached its bottom and things will only get better from here. Bitcoin is back to $71K and is holding the mark steadily. Bitgert, one of the investor’s favourite tokens has been constantly growing throughout the dips and correction...
Option2Trade releases trading platform schedule to 18,000 holders
10.6.2024
Option2Trade (O2T) has announced the release schedule for its highly anticipated trading platform, a move that promises significant benefits for its 18,000 holders. This announcement marks a crucial milestone for Option2Trade, positioning the token for further growth and innovation in the trading...
Polygon announces the launch of Polygon Miden Alpha Testnet v2
7.6.2024
According to Polygon, the Polygon Miden Alpha Testnet v2 has been made available. It basically adds more storage, a more user-friendly command-line interface, and more functionality. Polygon Miden is a zk-VM rollup that allows users to showcase their state transitions. This provides the idea...
Bitcoin whales accumulate BTC worth a billion dollar
7.6.2024
Bitcoin ($BTC) has breached the milestone of $70,000. When writing this article, it is way above $71,000, exchanging hands at $71,156.02. This reflects a growth of 0.29% in the last 24 hours and 4.72% in the last 7 days. Moreover, it is a surge of 11.97% in a single month. Many factors are painting...