June 11, 2023

EOS Celebrates 5th Anniversary Owing to ‘Resilient’ Community

EOS once charted in the top ten cryptocurrencies by market cap. Now it stands in the top 50. The setbacks in its journey have been one of the most talked about in the industry. But EOS Network Foundation’s La Rose believes the formative years of EOS have taught them a lot and that the blockchain...
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Did You Know? Charles Hoskinson Has a Private Jet Business and Has Serviced Metallica

Amidst heat waves, a multi-year drought, and devastating floods, environmentalists have shifted their focus to celebrities using emissions-spewing private jets. The latest high-profile individual from the crypto industry who has made it to the list is Cardano founder Charles Hoskinson. The exec’s private jet is reportedly among the top 15 biggest polluters in the US,...
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Polygon, Solana Join Cardano in Dismissing the SEC’s Allegations

The Securities and Exchange Commission alleged that some of the largest altcoins, such as ADA, MATIC, and SOL, are unregistered securities. Most assets slumped in value shortly after the allegations went out. Now, though, the organizations between the blockchains and the tokens have published official statements to refute the SEC’s claims. Polygon Responds MATIC traded...
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From Boom to Scrutiny: Assessing Crypto Exchange Vitality in the Aftermath of SEC’s Lawsuit

Cryptocurrency exchanges are the bustling marketplaces where digital currencies change hands. They’re the heart of the crypto market, the places where the magic happens. But recently, multiple lawsuits from the Securities and Exchange Commission (SEC) have thrown a wrench into the works, and everyone is asking the same question: How are the exchanges holding up?...
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Arbitrum Remains Top Destination for Capital Flowing Away From Ethereum: Data

Arbitrum has managed to rake in a significant market share as demand for Ethereum rollups soars. According to data shared by CoinShares, Arbitrum remains the top destination for capital flows away from Ethereum, among other protocols as well as layer 2s. As of May-end, the network attracted capital worth $4 billion. Closely following Arbitrum is...
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Over 50% of BTC on Exchanges Have Moved Outside the US Due to Regulatory Uncertainty: Data

Due to unclear regulations in the United States, more than half of the bitcoin (BTC) that crypto firms hold for their customers has moved to offshore and international exchanges. According to a CryptoQuant research report shared with CryptoPotato, BTC reserves on U.S.-based crypto exchanges are down to 2017 levels, as they are being lost to...
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What’s Next for Bitcoin (BTC), Ethereum (ETH), & Ripple (XRP) Prices in the Coming Week?

Bitcoin (BTC) Price Analysis The Bitcoin price witnessed a massive dump of over 3.38% in the past 24 hours, dragging the global market cap by nearly 6%, which is approaching the $1 trillion mark. The BTC price is currently retesting the $25,000 level, and if it fails to hold, then the price may drop towards...
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Bitcoin (BTC) $ 98,643.43 0.42%
Ethereum (ETH) $ 3,376.96 0.09%
Tether (USDT) $ 1.00 0.05%
Solana (SOL) $ 258.55 0.65%
BNB (BNB) $ 672.84 6.88%
XRP (XRP) $ 1.56 12.45%
Dogecoin (DOGE) $ 0.458936 16.62%
Cardano (ADA) $ 1.10 26.89%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,374.97 0.16%