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Hashdex targets first US dual Bitcoin-Ethereum ETF
20.6.2024
Hashdex, one of the leading firms that focuses on digital currency investments, has recently provided the Securities and Exchange Commission (SEC) with a proposal for its new ETF. This innovative ETF will integrate two widely prevalent cryptocurrencies, Bitcoin, and Ethereum. Known as the Hashdex...
Major Cardano metric drops to 3-month low, XRP nears end of lawsuit with SEC – details
20.6.2024
Cardano investors and stakeholders have reasons to be nervous as the network is seeing a 3-month low in active addresses, according to recent on-chain data. Meanwhile, the XRP community believes a settlement is imminent in the XRP vs SEC case. Investors can protect themselves by shifting their...
Bitcoin regains a dominance of more than 50% amid volatility
20.6.2024
Bitcoin never precisely lost its dominance in the market but it did hover within the range of 44% and 53%. Its market cap has now pushed for a dominance that is well above 50%, 54% to be more specific. A reason why the market is taking note of this rise is because of the prevailing …
Whales dump $1.2B in BTC: Is a drop to $60K next?
20.6.2024
Over the past few days, a significant number of large holders and whales have sold approximately $1.2 billion in Bitcoin, which has had an impact on the market. This sell-off is occurring at a time when the cryptocurrency industry is facing negative sentiment among numerous investors as a result...
Justin Sun invests $35 million in Binance
20.6.2024
The new development comes at a time when Curve Finance is recovering from a downward market trend. There was a 34% drop in Curve token value, paving the way for the liquidation of 100 million CRV. The new move will stabilize the decentralized finance tycoon, with Justin Sun’s recent...
Solana allows users to send crypto anywhere via email
20.6.2024
TipLink has introduced a novel feature that has completely altered the nature of crypto transactions. This new development enables users to transfer digital currency across borders using only an email address. The transfer of digital assets is a complex procedure, and TipLink provides...
Circle CEO Jeremy Allaire is optimistic about crypto
20.6.2024
Circle is the organization behind USDC, the second-biggest stablecoin by market capitalization. The Circle CEO is optimistic about the global cryptocurrency market’s future, possibilities, and potential. Jeremey Allaire is equipped with extensive experience in the internet technology...
Japanese crypto firms rally for crucial tax reforms
20.6.2024
The Japanese cryptocurrency industry is stepping up its lobbying efforts against stringent taxes preventing the growth of digital assets in the country. Leading this campaign is the Japan Blockchain Association (JBA) headed by Yuzo Kano, the CEO of bitFlyer Holdings which is one of the largest...
Binance fights back against $4.4M Canadian AML fine
20.6.2024
Binance has filed a lawsuit challenging the Canadian Financial Transactions and Reports Analysis Centre’s (FINTRAC) fine of $4.4m. The penalty was imposed in May and concerns the lack of compliance with laws regarding the anti-money of money laundering (AML) and the financing of terrorism (CFT)....
Ethereum to dominate altcoin season fueled by ETFs and MVRV
20.6.2024
Altcoin season will commence not based on a date, but based on market sentiments. When it commences, expectations are that digital assets other than Bitcoin ($BTC) will gain not just recognition but also token value. However, the focus could be largely on Ethereum ($ETH), and it may end...
Pantera Capital believes Biden’s crypto pivot to be sincere
20.6.2024
Joe Biden’s recent pivot to the crypto market has caused havoc in the community. The consensus surrounding the shift was of doubt. Multiple reasons justified the skepticism around the pivot. The US President had previously blocked a pro-crypto bill. The bill was aimed at eliminating guidance by...
Bernstein expects major wirehouses to approve Bitcoin ETFs soon
20.6.2024
The Bitcoin ETF trade has been the subject of conflicting discussions, with retail investors coercing initial distributions and institutional participation limited to basis trade. This demonstrates that ETF flows are essentially fabricated. Analysts at Bernstein, a research and brokerage-oriented...
BitTorrent officially releases BTFS V3.0 (Heisenberg) mainnet
20.6.2024
BitTorrent has announced the official release of BTFS V3.0 Heisenberg on the mainnet. The new update brings multiple intuitive features to elevate user experience, operational efficiency, and network security. The mainnet release was made on the official X account of BitTorrent. The tweet, along...
OneFootball and Animoca Brands establish OneFootball Club
20.6.2024
OneFootball, in collaboration with Animoca Brands, has established a premium OneFootball Club OFC) on Base. This club is intended to bring enjoyment to the entire global football community. Incidentally, the football platform is known to have over 200 million connected football enthusiasts under...
Whales transfer over 52M XRP to exchanges amid price recovery
20.6.2024
XRP is showing signs of price recovery by hovering within a defined range. This is a good signal, as the token aims for a higher milestone and the XRP lawsuit nears its settlement. In this scenario, two transactions stand out. Their collective transfer to centralized exchanges amounts to more than...
Forex Expo Dubai set to be world’s largest online trading event with over 15,000 attendees
20.6.2024
Forex Expo Dubai is gearing up to host over 15,000 attendees from more than 50+ countries, solidifying its position as the largest event of its kind this year. Scheduled to take place once again in Dubai on October 7-8, 2024, this underscores Dubai’s enduring role as a global hub driving...
Which cryptocurrency to invest in June 2024: BlockDAG presale hits $52.2M, XRP prices remain undervalued, & Cosmos faces outage
20.6.2024
Despite Ripple (XRP) achieving regulatory clearance, it still trades under $0.5, leaving its advocates disheartened. Cosmos encountered a significant setback with a nearly four-hour downtime during its v17 upgrade, showcasing some vulnerabilities. Conversely, BlockDAG is pioneering new frontiers...
BTC, SHIB, and XRP see fluctuating movements on the price chart
19.6.2024
Bitcoin is down to a crucial level. Shiba Inu is still on the verge of recovery. XRP is expected to gain momentum as time passes. The crypto market, in a macro sense, is affected by several factors. This includes economic conditions, Federal Reserve decisions, regulatory compliance, recognition...
Martin Shkreli claims to co-create controversial DJT token
19.6.2024
DJT, the Solana-themed token based on Donald Trump, has been in the news for a bit. The token is gaining precedence once again but because of some controversial claims. Martin Shkreli, the problematic entrepreneur recently claimed to have co-created the DJT token. The news was shared by ZachXBT...
BlockDAG’s Keynote 2 unveils X1 miner beta app: Mine $6000 a month by 2025, big profit opportunity for Cosmos and Maker investors
19.6.2024
Ready to uncover the next big crypto investment? BlockDAG has emerged as a major contender, capturing investors’ attention with a stunning $50.8 million raised in its presale. As the cryptocurrency world evolves, savvy investors seek opportunities for substantial returns. BlockDAG‘s...