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The evolving role of Ethereum faucets in a growing blockchain landscape


The Ethereum faucets are online platforms that provide a small portion of Ether for free. In the history of Ethereum, these faucets allowed beginners on the network to test transactions and smart contracts for free. Consequently, Ethereum faucets have evolved as the blockchain landscape changes...

Trump Campaign Now Accepts Crypto Donations via Coinbase


Former U.S. President and presidential candidate Donald Trump’s campaign now accepts cryptocurrency donations through Coinbase Commerce. The new fundraising page enables federally permissible donors to contribute using any cryptocurrency supported by Coinbase Commerce. President Trump...

DOJ Captures Alleged ‘Architect’ of Darknet Marketplace Incognito


According to the U.S. Department of Justice (DOJ), the operator of the darknet marketplace Incognito was apprehended at John F. Kennedy Airport on May 18. Law enforcement officials claim Rui-Siang Lin allegedly constructed the DNM and facilitated the sale of over $100 million worth of illegal drugs...

Standard Chartered Now Expects SEC to Approve Spot Ethereum ETFs This Week


Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows...

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield


On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim...

Will Solana’s unmatched speed set stage for a potential price boom?


Solana has gained recognition as the world’s fastest blockchain due to its tremendous transaction velocities, and the price of SOL has surged its marketplace valuation to $81 billion. Last month, Solana reached a new high of over two hundred dollars in value, pushing it past Binance Coin...

Kraken to maintain USDT listing amid new EU regulations


A top official at Kraken said they will pursue all possible avenues to offer USDT under the next regime. Crypto exchanges are actively looking for measures to implement regarding stablecoins as the new legislation will emerge soon. USDT, the symbol for Tether, is the largest stablecoin in...

US Spot Bitcoin ETFs Maintain Momentum With Sixth Day of Positive Gains


According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot...

AI and DePIN tokens brace for impact as NVIDIA earnings loom


NVIDIA is a computer chip firm that is positioned as a major player in several areas of the cryptocurrency business, including artificial intelligence and decentralized physical infrastructure network (DePIN). Analysts anticipate that NVIDIA’s upcoming earnings report will shed light on...

Top Defi Tokens See Double-Digit Gains as Ethereum Soars


Amid ethereum’s value increase, the decentralized finance (defi) ecosystem has significantly benefited from ether’s double-digit growth. Leading defi tokens by market capitalization rose by 14.8% over the past day, and the total value locked (TVL) in defi exceeded $100 billion in...

Positive impact on ADA as Cardano developments soar


Cardano’s ADA is up by 7.19% in the last 24 hours, listed at $0.5019 at the time of writing this article. Future predictions are bullish, given that the ecosystem has made some significant advancements. This pertains to the launch of Lace v.1.11 and the release of the 2418.1 update. Lace v.1.11...

Shiba Inu likely to rally 25% after it flashes buy signals


Shiba Inu (SHIB) has recently breached key milestones, briefly signaling to buy sentiments and the potential to mark a 25% uptick. Volatility and overall uncertainty in the crypto market accompany the rally. Nevertheless, the sentiment of buying SHIB is evidently prevalent. The current listing...

Report: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals


According to Reuters, sources revealed that the U.S. Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to “fine-tune” their spot ethereum exchange-traded fund proposals. Ethereum experienced a 22% increase over the past day, coasting along at $3,785 per unit...

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