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Folks Finance announces the launch of Algorand Liquid Staking
27.6.2024
Folks Finance has, through a blog post, announced its plans to launch the Algorand Liquid Staking Protocol xALGO. It will be the primary Liquid Staking protocol for ALGO, with a core focus on providing flexible and simple access to rewards distributed to node runners who participate in Algorand...
XRP struggles to break out: Lack of demand hinders growth
27.6.2024
The reverse trend in XRP has recently begun, with the figures indicating a gradual but consistent increase. However, it has yet to surpass the 26 EMA mark, indicating a sluggish movement. Lack of demand is the reason for its inability to surmount the 26 EMA threshold. If XRP is unable to surpass...
Spot Ethereum ETFs done and dusted, Solana ETFs aim for the next spot
27.6.2024
Following the approval of spot exchange-traded funds (ETFs) for Bitcoin and Spot Ethereum ETFs in the United States, a Canadian firm has revealed plans to launch the Solana ETFs in North America. Nevertheless, ETFSwap (ETFS) is best positioned to lead the ETFs trading and investment sector into...
Bybit Beats Coinbase; Becomes Second Largest Crypto Exchange
27.6.2024
In this post Bybit beats Coinbase to be the second largest CEX after Binance. Binance has lost 6% market share dominance amid regulatory crackdowns. Dubai-based Bybit cryptocurrency exchange, run by Bybit Fintech Ltd., has filled the market space left by FTX. The collapse of FTX, run by...
Memecoin mayhem: Why Dogecoin and Shiba Inu are taking a tumble?
27.6.2024
Despite the recent market downturn, the memecoin market showed signs of recovery, with Dogecoin and Shiba Inu notable for their steep declines. The recent price downturn has sparked concerns about the volatility of the cryptocurrency market, resulting in a gloomy situation for the market. ...
Kaspa soars 13% after Marathon Digital announces mining support
27.6.2024
KAS, the native cryptocurrency of the Kaspa blockchain that operates on a proof-of-work model, has experienced an extraordinary 13% increase in the past 24 hours since Marathon Digital, a major Bitcoin mining company, announced that it has begun mining this altcoin. KAS recently traded at $0.1792...
Polymarket rules out Barron Trump’s role in Donald Trump-themed token
27.6.2024
Polymarket raised doubts about the outcome of the UMA voting, and they will announce an effective solution soon. According to UMA, a decentralized truth machine used by Polymarket, Barron Trump is not involved in the Solana-focused DJT token. The team at Polymarket, the cryptocurrency-based betting...
NodeKit Partners with Polygon for enhanced Blockchain interoperability
27.6.2024
An exclusive association has been formed between NodeKit and Polygon, which will improve the flexibility factor throughout multiple Blockchain networks. This will result in an uninterrupted and incorporated Web3 scenario. Here, the name of the game is interoperability. NodeKit plays an integral...
State Street Global Advisors link up with Galaxy Asset Management
27.6.2024
State Street Global Advisors forms an association with Galaxy Asset Management for providing investors new age online asset oriented exposure, other than just crypto and bitcoin. They will be introduced to fresh ways of making investments in online assets. They will have at their disposal...
Bitcoin open interest high: Short positions fueling the fire?
27.6.2024
Open interest in Bitcoin ($BTC) is high. This has sparked a series of questions regarding the token’s ability to sustain optimistic resistance margins. One theory that has come forward states that the Open Interest, or OI, is high because short positions are greedy. The theory further states...
Kenya’s Gen Z Embrace Bitcoin Amid Finance Bill ‘24 Protests
27.6.2024
In this post Kenyan youths find a safe haven in Satoshi Nakamoto’s freedom coin, Bitcoin, amid the Finance Bill 2024 protests. BTC contributors in Kenya call on the youths to educate themselves on BTC and decentralized finance. Kenyans led by Gen Z have taken to the streets to reject...
Bitstamp confirms product upgrades before MiCA regulations
27.6.2024
Bitstamp, one of the largest crypto exchange platforms, has confirmed that it will enhance its offerings in the coming days, with a maximum of June 30, 2024. The confirmation comes ahead of the MiCA regulation’s implementation across the European Union. MiCA, an acronym for Markets...
OtherWorld announces the launch of a closed beta for ‘Solo Leveling: Unlimited’
27.6.2024
OtherWorld has announced the closed beta for ‘Solo Leveling: Unlimited’ (SL: U), a new digital collectibles platform based on the mega-hit webtoon ‘Solo Leveling’ IP. A Web3-enhanced version of the popular Solo Leveling series, containing digital artifacts, is coming...
BlockDAG’s $2M giveaway becomes the hottest crypto while Dogecoin recovers with a 1.8% increase and Cosmos advances Web3 initiatives
26.6.2024
Dogecoin, a famed meme coin, is picking up with a 1.8% increase as per the recent price forecasts. At the same time, Cosmos pushes forward Web3 interoperability with its new Valence protocol, a key update in Cosmos developments. In contrast, BlockDAG shines with a $2M community gift, a bold plan...
Crypto Super PAC Ads Key in Rep. Bowman’s New York Primary Loss
26.6.2024
In this post Jamaal Bowman loses the Democratic primary election because of his chokehold stance on crypto. Bowman’s close ties to Elizabeth Warren could have caused his political losses. Jamaal Bowman is well known in the crypto community for his anti-crypto stance, and this did not sit well with...
BlockDAG’s 1120% price surge; Can Cardano & Toncoin price with recent gains keep up?
26.6.2024
In the competitive crypto market, Toncoin and Cardano have recently caught the eye of investors with their notable gains. Toncoin’s price surged by 7%, sparking conversations about its potential. Cardano also witnessed significant growth with its technological advancements and increased transaction...
$6.6B Bitcoin & $3.5B Ethereum Options will Expire on Friday
26.6.2024
In this post A total of $6.6 billion in Bitcoin options and $3.5 billion in Ethereum options will expire on Friday, 28th, 2024. Bulls and bears struggle to stabilize the crypto market as the BTC’s Fear and Greed falls to 49. The last few weeks of June have shown immense volatility in the crypto...
VanEck to launch a spot Ethereum ETF for free on July 2
26.6.2024
VanEck files Form-8A related to its spot Ethereum ETF and simultaneously eliminates ETF fees until its assets reach the $1.5 billion target. According to analysts’ calculations, the Ethereum ETFs are anticipated to be introduced by the beginning of July. This decision has enabled...
Crypto.com teams up with prime crypto tax providers
26.6.2024
Crypto.com, the innovative platform for payments and cryptocurrency, has announced partnerships with top-tier tax providers, including Koinly and TokenTax. The partnership is designed to offer users the most comprehensive and dependable tax support possible. Since the acceptance of crypto...
Ethereum Foundation mailing list leaked due to SendPulse vulnerability
26.6.2024
A mailing list breach has occurred at the Ethereum Foundation due to vulnerabilities in its email automation solution, SendPlus. This feature is essential and implemented by the organization. A hacker exploited this advantage and sent fraudulent emails from updates@ethereum.org, specifically...