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Biggest Movers: TRX Hits 1-Year High, Following Integration on Ethereum Network
3.6.2023
Tron rose to a one-year high to start the weekend, as founder Justin Sun confirmed an integration to the ethereum blockchain network. In a tweet, Sun said, “TRON has now expanded its reach by going live on the Ethereum blockchain by leveraging the BitTorrent bridge.” Tron (TRX) Tron...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals
3.6.2023
Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point since last October. Bitcoin Bitcoin (BTC) was mostly...
Tanzanian Central Bank Says Forex Restrictions Intended to ‘Safeguard the Stability of the Financial System’
3.6.2023
The Tanzanian central bank said on May 31 that foreign currency dealers are required to trade all transactions that exceed $1,000,000 within “interbank foreign exchange market prevailing quoted prices.” According to the Bank of Tanzania, the latest directives are intended...
Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
2.6.2023
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy faster speeds and lower transaction costs. Liquid...
Billionaire Mike Novogratz Says Crypto Market Rally is Stalling as Bitcoin Posts First Monthly Loss – Here's What's Happening
2.6.2023
Galaxy Digital CEO Mike Novogratz believes the crypto market lacks momentum to move higher as Bitcoin posts its first monthly loss of the year.
The flagship cryptocurrency lost 6% of its value in May, while Ethereum fell by 1%. Both remain well over 50% year to date, however. ...
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Binance Market Share Drops to Lowest Level Since October
2.6.2023
The exchange remains the largest cryptocurrency exchange by trading volume
Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations
2.6.2023
Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session. Cardano...
Bitcoin Price Prediction as Non Farm Payroll Data is Announced – Bull Market Starting Soon?
2.6.2023
The recent release of the Non-Farm Payroll data has caused a notable impact on the price of Bitcoin.
With the data revealing positive job growth in the United States, market sentiment has favored a bullish outlook for the US dollar.
Therefore, Bitcoin experienced a downward movement in response...
Binance market share chopped with the end of zero-fee BTC trading
2.6.2023
A Binance spokesperson told Cointelegraph that the company forecasted the drop after its decision to end its zero-fee BTC trading but that it’s “not a concern.”
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, BTC Climbs Above $27,000 Following US Debt Ceiling Announcement
2.6.2023
On Friday, bullish sentiment returned to cryptocurrency markets, as the U.S. Senate approved the bill to increase the debt ceiling. Bitcoin rose back above $27,000 on the news, snapping a four-day losing streak. Ethereum neared the $1,900 level. Bitcoin Bitcoin (BTC) snapped a four-day losing...
Binance Experiences Market Share Decline Post Regulatory Clampdown
2.6.2023
Binance has seen its market share shrink by 25% over the last three months amid increased regulatory pressure from the US.
The world's largest cryptocurrency exchange accounted for 57.5% of the average monthly volume of all crypto trades in February, but its market share has now dropped to...
F1's Oracle Red Bull Racing Teams Up with Sui Blockchain in New Sponsorship Deal – Crypto Bull Market Back Again?
2.6.2023
The Sui network, backed by Mysten Labs, has announced a multiyear partnership with the Red Bull Formula One Racing team.
Oracle Red Bull Racing signed the deal with Web-3 focused software company Mysten Labs to build on Layer 1 blockchain and smart contract platform Sui, which became the team's...
Binance CEO Changpeng Zhao on Layoffs Rumors: ‘Another Day, Another FUD’
2.6.2023
Changpeng “CZ” Zhao has answered the rumors of mass layoffs at Binance, with reports stating that up to 20% of the current workforce of the exchange might be forced to abandon their positions due to poor market conditions. Zhao declared this was another attempt at spreading FUD...
Interest in InQubeta & Fetch.ai surged as ChatGPT announced its listing on Apple app store
2.6.2023
The announcement of ChatGPT’s official listing on the Apple App Store has sparked a surge of interest in AI projects like InQubeta (QUBE) and Fetch.ai (FET). With the release of the ChatGPT iOS app, users can now access the powerful AI chatbot directly on their iPhones, eliminating...
Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
2.6.2023
The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets
Elon Musk Warns Commercial Real Estate ‘Melting Down Fast’ — Predicts ‘Home Values Next’
2.6.2023
Tesla and Spacex CEO Elon Musk says commercial real estate is “melting down fast,” warning that home values will be next. Some experts disagree with Musk regarding the residential real estate market, including Shark Tank star Barbara Corcoran. However, she agrees that the commercial real estate...
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
2.6.2023
USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago
Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
1.6.2023
On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s...
Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
1.6.2023
The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform
Tribe Capital Launches $100 Million Crypto Fund Targeting Layer 1, 2, and DeFi Projects – Bull Market Back?
1.6.2023
Venture capital firm, Tribe Capital, has launched a new crypto fund to raise $100 million.
The tribe plans to channel the funds into early-stage layer 1 and 2 ecosystems and DeFi projects.
The San Francisco-based company with $1.6 billion in assets under management will invest $500,000-$3 million...