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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...
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)...
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...
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...
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)....
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...
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...
Moonbeam rolls out $13M fund for Web3 gaming growth
19.6.2024
Moonbeam Network, a popular platform for Web3 smart contracts, has recently started a significant funding campaign worth $13 million. The overall goal of this move is to jump-start the growth and advancement of its ecosystem, with a particular focus on gaming and tokenization of real-world assets...
Scam alert: Fake Ripple USD tokens emerge ahead of official release
19.6.2024
Scamsters are busy scouring ways to take advantage of Ripple’s stablecoin release by issuing an imitation version of the Ripple USD (RLUSD) token on the XRP Ledger. The yet-to-be-introduced RLUSD token will be shouldering its way forward through the big timers like Tether and Circle, falling...
Transak Lists Paypal’s PYUSD for Easier Crypto Access
18.6.2024
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transition to cryptocurrencies. PYUSD Listed on Transak...
Ethereum price drops after whale moves $20M to Kraken
18.6.2024
Ethereum ($ETH) has breached the support level of $3,500 by trading at $3,438.76 at the press time. Bitcoin ($BTC) is leading the declining trend but ETH, specifically, has its downfall credited to an ICO whale who just moved tokens worth $20 million to Kraken. The whale was seen depositing 5.5k...
Bitfinex Becomes First Exchange to List New USD-Denominated, Gold-Tethered Asset
18.6.2024
Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. This innovative offering tethers its value to Tether Gold, backed by physical gold, introducing a new level of stability and reliability to the volatile...
Tether launches gold-backed, US dollar stablecoin Alloy
17.6.2024
The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether
Cardano in peril: Will ADA price crash to $0.38?
17.6.2024
Cardano (ADA), once heralded as a blockchain revolution, is currently facing a troubling future outlook. Market analysts and traders are closely monitoring ADA, as signs suggest a potential plunge to $0.38. This prediction is rooted in a combination of market dynamics, technical analysis,...
Whale increases PEPE holdings by $1.75 million despite previous losses
17.6.2024
Among the peculiarities of the constantly fluctuating crypto market, there are large investors or ‘whales,’ who possess the ability to shift the market trends. More recently, a large whale was in the news for upping their stake in PEPE, a meme-based, or joke, cryptocurrency by $1.75 million. This...
Crypto whale nets $7M from WBTC & ETH investments!
17.6.2024
One of the largest traders in cryptocurrencies closed his longs in WBTC and ETH and made a profit of $7 million. He sold 76.6 WBTC and 2,265 ETH for $13.19 million. This was the end of a leveraged investment plan that he started by borrowing funds from Aave with 5,545 ETH as collateral to purchase...
SEC rejects Ripple Labs plea to lower fines, insists on nearly $2B penalty
17.6.2024
The San Francisco based Ripple Labs Inc. is currently engaged in a legal battle with the SEC over the latter’s request for a $2 billion penalty. They are advocating for a decrease, claiming that Terraform Labs’ recent $4.5 billion settlement is a point of reference. Ripple’s lawyers also say that...
IMF Data Shows Decline in US Dollar Dominance
16.6.2024
Recent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollar’s share of allocated foreign reserves held by central banks and governments. Economists explained that reserve managers are attracted to nontraditional reserve currencies “because they...
Post-Keynote 2 boom: BlockDAG scoops $49.5M in presale, leaving ApeCoin & Theta in the shade!
13.6.2024
BlockDAG has captured significant interest with its latest Keynote 2, broadcast directly from the moon, which announced the beta release of the X1 Miner app. This pivotal event has propelled BlockDAG’s presale efforts, amassing an impressive $49.5 million and selling over 11.4 billion BDAG...