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Bitcoin short-term holders amass over 1 million BTC in six months


In a remarkable shift within the cryptocurrency market, short-term Bitcoin holders have increased their holdings by over 1 million BTC in the past six months. This substantial accumulation reflects a growing confidence among newer investors and highlights the dynamic nature of Bitcoin ownership...

BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum


Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...

Ronin Network shatters records with over 20 million unique wallets


Sky Mavis’s prominent blockchain platform, Ronin Network, has achieved a remarkable milestone by surpassing 20 million unique wallets. This achievement underscores Ronin’s rapid growth and its increasing popularity, particularly in the blockchain gaming sector. Launched as a dedicated...

Injective publishes community updates for May


Injective has published community updates for the previous month, that is May 2024. It encapsulates everything that Injective has achieved, or every aspect in which it has made significant advancements. While the list is long, a total of three things stand out: Arbitrum inEVM integration, Helix...

Binance to release 15K USDT for new users of “Buy Crypto” scheme


Binance intends to disseminate 15,000 USDT in the form of token vouchers to the new wave of users who are purchasing crypto and making fiat deposits through their “Buy Crypto” program. Incidentally, Binance is an internationally renowned cryptocurrency exchange. For the exchange, this...

Ethereum could outperform Bitcoin, eyes $10k milestone


Spot Ether ETF is on the table, and chances are that its approval would bring almost $4 billion worth of inflows. This has put ETH in an ideal position to surpass the $10,000 milestone. A tentative timeline is hard to draw, but experts predict that it could happen in the second half of 2024....

BNB extremely bullish as analysts target a $1000 breakout


BNB, the native token of Binance Chain, has witnessed a notable 7% increase in the past 24 hours.  The movement highlights a positive trend, placing BNB in front of the top 5 cryptos when it comes to market performance. The coin has already reached a milestone, surpassing its year-high record...

XRP might mirror the 2017 pattern to hit $2 in 2024


The past few years have been a struggle for XRP, primarily because of the SEC lawsuit. The coin is currently trading at $0.52 (at the time of writing), with a 0.96% surge in the past 24 hours. The overall finance market is rejoicing with the approval of Bitcoin and Ethereum ETF. However, unlike...

Bitpanda partners with Deutsche Bank, marks industry milestone


Recently, Bitpanda made a historic decision to join the club of European digital currency platforms partnering with traditional banking giants, including Deutsche Bank. This signifies a major step forward, given that it is the first time that a leading global bank has collaborated with a crypto...

Intella X invests in CARV Verifier nodes to boost gaming ecosystem


Intella X, a leading contender in the Web3 gaming space, has recently made a statement by investing in CARV’s Verifier nodes. Venture capital firms, including Temasek’s Vertex Ventures, ConsenSys, Animoca Brands, Tribe Capital, HashKey Capital, and OKX Ventures, co-founded CARV...

Ledger and Crypto.com pay integrate for crypto purchases


A well-considered agreement has been reached between Ledger and Crypto.com Pay, the payment service of the company. This will result in the integration of Crypto.com Pay’s features into the Ledger Live companion app, which will facilitate the selection of users who wish to purchase...

DWF Labs invests $12M in FLOKI tokens to boost its ecosystem


DWF Labs plans to invest $12 million in FLOKI tokens as a significant show of support for the Floki Ecosystem. This investment firm is quite popular in the digital asset space and focuses on Web3 investments at different growth stages. The acquisition will involve purchasing tokens on the market...

Coinbase’s Base Ethereum Layer-2 network sees a rise in activity


Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation.  Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...

Hong Kong Police sound alarm on rising digital asset-linked crime wave


In recent months, the Hong Kong Police Force’s Advisory Group has raised alarms over a significant increase in crimes related to digital assets. This surge in illegal activities involves cryptocurrencies, non-fungible tokens (NFTs), and other blockchain-based financial instruments....

HTX Ventures levels up backs NexGami in GameFi ecosystem expansion


HTX Ventures, a prominent venture capital firm specializing in the gaming and blockchain sectors, has recently disclosed its strategic investment in NexGami, a leading player in the emerging field of GameFi. This investment aims to bolster the development of a robust GameFi ecosystem, combining...

States eye Bitcoin ETFs: Wisconsin leads the way


Wisconsin has recently made headlines by investing in Bitcoin ETFs, which could have significant nationwide implications for state-level investment strategies. Finance professor David Krause predicts this decision will set a precedent, encouraging other states to consider similar investments....

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