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Stablecoin issuers rank as 18th largest holder of US Debt
21.6.2024
The Stablecoin legislation put forward by the American government is noted, and Stablecoin Issuers is the ultimate source of demand for the US treasury. According to the recently available data, Stablecoin Issuers possess more than $120 billion in American treasury notes. Stablecoin Issuers is...
Winklevoss twins pump in $2M towards Trump presidential campaign
21.6.2024
The presidential elections slated for November have witnessed Republican candidate, Donald Trump, receiving the amount of $2 million for his campaign from Winklevoss twins, Cameron and Tyler. Each of them has pumped in $1 million. Both the brothers attributed this act of theirs to Trump being...
Italy ramps up crypto oversight, introduces tough fines
21.6.2024
According to the draft decree seen by Reuters, Italy is looking forward to introducing new rules to govern the new sector. These regulations, which are expected to be endorsed by the cabinet, will come with huge penalties for anyone who engages in the manipulation of the market or exploitation...
Aptos Labs & NBCUniversal partner to revolutionize fan experiences with Web3
21.6.2024
Aptos Labs and NBCUniversal have entered a long-term strategic partnership that seeks to transform how fans engage with content and brands. In this way, they will implement the innovative blockchain and Web3 into NBCUniversal’s popular media and entertainment brands. This partnership aims...
Bitwise’s Ethereum ad now mintable as NFT
21.6.2024
A new switch that Bitwise has adopted is integrating the old-fashioned way of advertising through print media and technology into the current society. They have come up with the first national Ether television advertisement for a spot Ether exchange-traded fund (ETF) which doubles up as a mintable...
Shiba Inu ($SHIB) demonstrates potential for rebound
21.6.2024
Shiba Inu ($SHIB) can still surge to $0.000022 given it is way below the 50-day SMA amid volatility of 10.80%. This stems from the belief that the growth of the meme coin is driven by hype across social media. Plus, the market cap is long due to a strong rebound. It has slipped away from …
California judge sends Ripple case to trial, contradicts NY judge
21.6.2024
A judge in California has ordered Ripple to go to trial under the civil law on securities. This decision is significant within the realm of digital currencies. Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California partially granted Ripple’s request for...
Spot Bitcoin ETFs in witnessed net outflows of $139.88M in the US
21.6.2024
Spot bitcoin exchange-traded funds saw a net outflow to the tune of $139.88 million in the US. This continued for the past five days. Grayscale’s GBTC was ahead of the competition, coming up with a day-to-day net outflow amounting to $53 million. Second in line stood Fidelity’s FBTC, recording...
BTC teases $70k when SOL, ETH, and ADA eye recovery
21.6.2024
Bitcoin ($BTC) is below $64,000 at the press time. However, that has not stopped the community from speculating a rebound to $70,000. One reason is its potential – pretty much the same thing that pulled it from the low $20,000 to an ATH of around $74,0000. Solana ($SOL) and Ethereum ($ETH)...
Ethereum long-term holders reach a record high
21.6.2024
The Ethereum chart showcases the distribution of Ethereum over different periods and it denotes altering trends in investor behaviour. According to the information available from the chart, a vital amount of Ethereum acquired during the 2021-2022 time period is being held even now. Short-term...
Short traders target XRP and Cardano amid post-relief bounces
21.6.2024
Investors have been anticipating a rebound in the price actions of cryptocurrencies. Therefore, Ripple and Cardano have become the most appealing altcoins. The primary reason behind this is heavy trader shorting followed by a brief bounce. Santiment has also shared data suggesting that the finding...
Binance supports OCEAN, FET, and AGIX token merger into ASI
21.6.2024
Ocean Protocol ($OCEAN), Fetch.ai ($FET), and SingularityNET ($AGIX) announced the merger of their tokens to collectively make ASI, or Artificial Superintelligence. Binance has now come forward with its announcement, saying that it will support the token merger by handling all the technical...
Next billion dollar meme coin? MMTR starts its journey to ten figures
21.6.2024
Since its highly anticipated listing, MMTR has been a hot topic in the meme coin market. Despite facing the typical volatility accompanying any new crypto, MMTR is quickly becoming an exciting player. With its recent listing on MEXC and Uniswap on 29th May, following a successful $7.7 million...
Crypto.com adds passkeys and hardware tokens for advanced security
21.6.2024
Crypto.com, a certified and secure platform, has implemented state-of-the-art security measures, including hardware tokens and passkeys, to ensure that all transactions are authentic. These hardware identifiers are comparable to Yubikeys. Jason Lau, the Chief Information Security Officer...
BAYC’s fall from grace: Analyzing the decline of an NFT giant
21.6.2024
Industry giant BAYC is reportedly on the verge of collapse. This comes after BAYC declined from 150Ξ to 8Ξ. A total of two factors have been identified as core reasons behind this decline: minting at a bonding curve price and the departure of Gordon Goner, the original founder of the...
3iQ expresses commitment to launch Solana ETP in North America
21.6.2024
3iQ Digital Asset Management has announced its intention to bring Solana ETP to North America. The offering will span all provinces and territories in Canada except Québec. This comes after The Solana Fund filed a preliminary prospectus with relevant authorities. The idea is to begin the initial...
BlockDAG’s bullish run stuns crypto community as presale crosses $52.2M; while Dogecoin (DOGE) rebounds & SHIB value surges
21.6.2024
Significant movements in Dogecoin’s (DOGE) price, a surge in Shiba Inu’s burn rate, and BlockDAG’s strategic advancements are capturing widespread interest. This discussion examines Dogecoin’s potential recovery after a reduction in selling pressure, the strategic increase...
Dogecoin whales exit, shedding 9% of total supply
20.6.2024
According to IntoTheBlock, a market intelligence platform, there have been some significant changes in the Dogecoin community in the last year. In particular, there is a decline in the ‘whales’ – the addresses that own 1% or more of all Dogecoins in circulation. This could be viewed as a bearish...
After SEC ends Ethereum 2.0 probe, community sees Solana and Polygon safe
20.6.2024
The US Securities and Exchange Commission recently announced dropping its investigation into Ethereum 2.0. This serves as a notification that it will no longer pursue its legal course to classify Ether as a security. Consensys is committed to seeking more clarifications via a legal course, and...
Consensys plans to continue its legal course against the US SEC
20.6.2024
Joseph Lubin, the founder of Consensys, has said that they will continue to pursue a legal course of action against the US Securities & Exchange Commission. This comes a few days after Consensys announced that the Commission has decided to drop its investigation into Ethereum 2.0. In this...