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VanEck revises ETH growth projection to $22,000

6.6.2024
VanEck, a fund management firm, has raised its speculation for ETH’s value to $22,000. This is largely correlated to the approval of the Spot Ether ETF. Meaning, Ethereum could see a dip if the US Securities and Exchange Commission decides not to give the final nod of approval to S-1 registration...

Cardano enters a new Argentine partnership; will ADA reach $0.5?

6.6.2024
Cardano recently shook the crypto market by signing an official partnership with Argentina. This development marks a major milestone for the country, which is trying to elevate its crypto sector. The announcement states that Rogelio Frigerio, the Entre Rios Province’s governor, joined hands with...

Tether invests $18.75 million in XREX to enhance the online asset space

6.6.2024
Tether has invested $18.75 million in XREX Group to improve the overall online asset space and initiate global payments with USDT. In addition, Tether plans to introduce inventive innovative regulatory technology.  For the uninitiated, Tether is known as the largest company in the online asset...

Settlement agreement of $885 million between FTX estate and IRS

5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...

BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum

5.6.2024
Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...

Ethereum could outperform Bitcoin, eyes $10k milestone

5.6.2024
Spot Ether ETF is on the table, and chances are that its approval would bring almost $4 billion worth of inflows. This has put ETH in an ideal position to surpass the $10,000 milestone. A tentative timeline is hard to draw, but experts predict that it could happen in the second half of 2024....

BNB extremely bullish as analysts target a $1000 breakout

5.6.2024
BNB, the native token of Binance Chain, has witnessed a notable 7% increase in the past 24 hours.  The movement highlights a positive trend, placing BNB in front of the top 5 cryptos when it comes to market performance. The coin has already reached a milestone, surpassing its year-high record...

XRP might mirror the 2017 pattern to hit $2 in 2024

5.6.2024
The past few years have been a struggle for XRP, primarily because of the SEC lawsuit. The coin is currently trading at $0.52 (at the time of writing), with a 0.96% surge in the past 24 hours. The overall finance market is rejoicing with the approval of Bitcoin and Ethereum ETF. However, unlike...

DWF Labs invests $12M in FLOKI tokens to boost its ecosystem

5.6.2024
DWF Labs plans to invest $12 million in FLOKI tokens as a significant show of support for the Floki Ecosystem. This investment firm is quite popular in the digital asset space and focuses on Web3 investments at different growth stages. The acquisition will involve purchasing tokens on the market...

Bitcoin nears $70k as Bitfinex sees end to sell-off

4.6.2024
Bitcoin, for the first time in its history, rose above $70,000, and experts believe that this may signal the end of a prolonged phase of the BTC rate’s stagnation. This top digital currency hit this level for the first time in a week and then pulled back to around $69,200, rising just 2% over...

Coinbase donates $25 million to Fairshake’s super PAC

4.6.2024
Coinbase has contributed $25 million towards Fairshake’s super PAC, meant to finance the political campaigning of crypto-inclined congress nominees. This gesture follows similar contributions made by Ripple and a16z to the tune of $25 million to Fairshake recently. The super PAC has now received...

PlayDoge presale reaches $1.5M milestone – Is it the next 100x crypto?

4.6.2024
The world of cryptocurrency is continuously evolving, with new and innovative projects emerging to capture the interest of investors. One such project making waves is PlayDoge, a novel play-to-earn (P2E) game that has recently reached a significant milestone in its presale phase, raising...

Bitcoin miner balances drop under the 1.81 million BTC bracket

3.6.2024
Bitcoin miner balances dropped below the 1.81 million BTC bracket following the halving, and the figure is the lowest for some time now. This signifies an economic struggle after the halving.  Bitcoin miner balances have been on a roller coaster ride for a while now. The balance pertaining to miner...

Market shock: $3 billion in Ether exits following spot ETH ETF approval

3.6.2024
The approval of a spot ETH ETF has profoundly impacted the cryptocurrency market, resulting in Ether’s exit valued at $3 billion. This significant movement underscores the complex interplay between regulatory decisions, market dynamics, and investor sentiment. Analyzing this event reveals several...

After $7 million hack, Velocore offers bounty to hacker

3.6.2024
Velocore, which is a decentralized exchange, is defrauded of $6.8 million as a result of a vulnerability in the smart contracts that manage its liquidity pools. Incidentally, the exchange functions on the Telos as well as on the zkSync, Era, and Linea blockchains.  Since there was a flaw in...

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