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Nalezeno "Cryptocurrency News": 2937

Solana DEX Phoenix secures $20 Million for Ellipsis


Phoenix, software developers who created the Solana-powered DEX (decentralized exchange), recently secured around $20 million in the Series A funding round for Ellipsis, one of their start-ups. Paradigm initiated the funding round in partnership with Electric Capital and many other industry...

NEAR & INJ challenge ETH’s dominance; Bullish outlook for 2024


An analyst who goes by the name The Crypto Dog has hinted that layer-1 altcoins are likely to gain more attention than Ethereum, also terming them as its rivals. Altcoins in conversation are NEAR and INJ. The heavier weight is on NEAR by the smart contract protocol Near. The analyst has said that...

MATIC shows little impact on Polygon’s Q1 milestones


Over the past few weeks, Polygon [MATIC] has seen a sharp increase in network usage. There is a surge in daily active addresses; however, Polygon’s revenue plummeted considerably in the first quarter of the year. Also, there is speculation that MATIC could soon hit price correction....

Meme coins take center stage: A look at this week’s crypto news


Q1 results show the meme coin frenzy Memecoins were determined to be the most profitable investments in Q1 of 2024, per a recent CoinGecko research. Memecoins have yielded remarkable returns, averaging 1,312.6%.  Notably, based on market capitalization, tokens from WIF, MEW, BOME, and other...

Crypto market braces for turbulence after SBF conviction, rate cut revision


The crypto market is known for its volatility. More than that, it is known for housing turbulence; most of it makes it to the surface and then the reports. Volatility entails fluctuations in the price, and turbulence pertains to incidents that catch tons of attention. That said, BTC and ETH...

Crypto VC Investments soar 38% in Q1, breaking a two-year trend


In a notable departure from the prevailing trend of the past two years, venture capital investments in the cryptocurrency sector experienced a substantial upswing during the first quarter of the year. According to data compiled by industry analysts, the surge amounted to a remarkable 38% increase...

Chile emerges as leader in crypto regulation across Latin America


Most people who follow blockchain probably know Brazil has a massive cryptocurrency market. Venezuelans use digital assets to oppose an oppressive regime, and Argentina has a grassroots-led cryptocurrency ecosystem. It might surprise some that out of the 33 countries in Latin America, a tiny...

Hester Peirce’s crypto advice amid rising SEC frustrations


Hester Peirce, a commissioner at the US Securities and Exchange Commission (SEC), expressed her skepticism regarding the SEC’s approach to the digital asset industry, particularly pointing out the methods of communication and enforcement used by her SEC colleagues.  In her speech at the...

SingularityNET publishes Artificial Superintelligence Vision Paper


SingularityNET has published the Artificial Superintelligence Vision Paper, highlighting three aspects: reasons, goals, and functions. The Superintelligence Alliance basically brings together three AI tokens and merges them into a single token, which is ASI. The three tokens involved are AGIX,...

Galaxy Digital to create a $100M fund for early-stage crypto firms


Galaxy Digital, a prominent player in cryptocurrency and blockchain investments, has unveiled plans to launch a $100 million fund to back early-stage crypto companies. With this move, Galaxy Digital is demonstrating its belief in the potential for new ventures within the quickly developing digital...

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