July 4, 2023

TON Foundation Unveils Encrypted Messenger to Enhance User Security

The TON Foundation – the non-profit association behind The Open Network (TON) – announced the integration of messenger encryption on the network. The move aims to enhance user privacy by deploying necessary safeguards in a text sent with a transaction. The new feature uses end-to-end encryption. This essentially guarantees that only the sender and recipient...
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Will The SEC Approve A Bitcoin Spot ETF In 2023? Lawyer Breaks Down The Odds

The fate of Bitcoin’s price throughout the rest of the year largely lies in the answer to one question: Will a Bitcoin spot ETF be approved in the United States? Joe Carlasare – a commercial litigator supporting Bitcoin – tweeted on Monday that he gives such a product a 30-40% chance of launching inside of...
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Understanding Crypto Liquidity Crisis Triggered by SEC’s Enforcement Actions: Report

The SEC’s subsequent enforcement actions, first against Ripple and XRP, followed by Binance and Coinbase, have contributed to the sufferings of other crypto exchanges from a liquidity standpoint. There has been a major shift in the CEX landscape that has already faced challenges following the FTX implosion. A new report suggested that a slow recovery...
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Bitcoin Ordinals Proposal To Reduce Inscription Costs By 90%

Ordinals developers are pioneering ways to make reduce blockchain bloat caused by Bitcoin NFTs, potentially reducing their creation costs by 90%.  The latest among these is BRC69 – a new standard proposed by Ordinals launchpad platform Luminex to “optimize the costs of inscribing on Bitcoin using the Ordinals protocol.” The BRC69 Standard According to Luminex’s...
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Litecoin Halving Rally Appears to be Paused While Bitcoin Halving Rally is Yet to Begin

After a significant rise, the bulls appear to have relaxed a bit as the prices of the majority of the tokens have been facing extreme consolidation. The star crypto, Bitcoin, witnessed a significant upswing and rose above $31,000. Besides, the Lite version of Bitcoin, Litecoin, displayed an iconic rally in the past few days and...
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Alex The Doge (ALEX) Presale Reports 14 Million Tokens Sold

[Press Release – Frankfurt, Germany, July 4th, 2023] Alex The Doge (ALEX), a memecoin designed to transform the GameFi ecosystem, has reported strong demand for its presale. The presale, which is currently ongoing, gives the crypto community their first opportunity to purchase ALEX tokens. Following completion of the token sale, ALEX will launch on decentralized...
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Justin Bieber’s BAYC Investment Turns Sour as Paper Losses Mount to $1.24 Million in 18 Months

Justin Bieber might be iconic on stage, but his investment strategy, at least in terms of NFTs, certainly missed the mark. The famous Canadian pop star paid $1.3 million for a Bored Ape NFT last year, which is now worth only around $59,000. Foraying the hyped NFT space during the digital asset bull run seemed...
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On-Chain Metrics and Investor Behavior Suggest Signs of a Bull Run: Bitfinex Report

A new report by the cryptocurrency exchange Bitfinex revealed that the latest on-chain metrics and investor behavior suggest the crypto market may be ready for the next bull run. In the weekly edition of the Bitfinex Alpha report, the crypto exchange noted that Bitcoin’s Spent Output Profit Ratio (SOPR) and Net Unrealized Profit and Loss...
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Cameron Winklevoss Issues 3-Day Ultimatum to DCG’s Barry Silbert, Threatens Lawsuit 

Cameron Winklevoss, the co-founder and president of cryptocurrency exchange Gemini, has given Barry Silbert, the founder and CEO of embattled crypto empire Digital Currency Group (the parent company of bankrupt crypto lender Genesis), a 3-day ultimatum in another open letter. The Gemini president threatened to sue Silbert and DCG should they fail to agree to...
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Bitcoin (BTC) Posts 2 Consecutive Green Quarters for the First Time Since 2021

Bitcoin (BTC) has seen positive returns for two consecutive quarters, ending the first half of 2023 in green, according to data compiled by the cryptocurrency information platform CoinGlass. For the first quarter, the leading crypto asset posted a return of 71.77% and 7.19% at the end of the second one. The last time bitcoin recorded...
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Here’s How Much Institutional Money Flowed in Ripple (XRP) in June: Report

Bitcoin appears to have hovered in a narrow range over the past few days but it has managed to pull off a stunning 86% rally since the beginning of the year. The inflows over the past week are indicative of the fact that the world’s premier crypto asset continues to remain the primary focus of...
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XRP Price Approaches Final Tipping Point As Citigroup Reviews Partnership With Ripple’s Metaco

The XRP market continues to consolidate in somewhat a bullish engulfing pattern despite other veteran altcoins – including Litecoin (LTC), and Bitcoin Cash (BCH) – registering significant gains in the past few weeks. Undoubtedly, the ongoing SEC vs Ripple lawsuit has significantly suppressed the XRP market, with liquidity in the United States at critical levels...
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TRON Unveils HackaTRON S5 and Developer Community Event TRON Builder Tour

[PRESS RELEASE – Geneva, Switzerland, July 4th, 2023] TRON DAO, BitTorrent Chain (BTTC), and Huobi Ventures proudly present HackaTRON Season 5 (S5), an incredible showcase of talent in the fast-paced world of blockchain technology. In tandem with the much-anticipated TRON Builder Tour, we invite innovative minds to take part in this year’s event, powered by...
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The First Real-World Asset Product stUSDT Launches on the TRON Blockchain

[PRESS RELEASE – Geneva, Switzerland, July 4th, 2023] Today, the TRON ecosystem welcomes its first Real World Asset (RWA) product, stUSDT, which is operating through the decentralized platform JustLend. TRON founder and member of Huobi’s global advisory board, Justin Sun, has voiced his belief that stUSDT will evolve into the crypto version of Alipay’s Yu’e...
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Coinbase Stock Surges 12% as BlackRock Names it as Surveillance Partner

On July 3, Nasdaq revealed that the world’s largest asset manager BlackRock had re-filed its application for a spot Bitcoin ETF. The details added included a “surveillance-sharing agreement” with U.S. cryptocurrency exchange Coinbase. The move has given a big boost to Coinbase shares and crypto markets, which have marched higher again today. JUST IN: BlackRock...
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Belarus Pursues Clampdown on P2P Crypto Transactions: Report

The Belarusian government has proposed a ban on peer-to-peer (P2P) transactions on crypto assets such as Bitcoin in a bid to address the rising rate of cybercrime in the country. The Ministry of Foreign Affairs (MFA) of the Republic of Belarus detailed the new legislation’s goals and its subsequent on crypto exchange users. Crypto transactions...
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Bitcoin (BTC) $ 98,263.33 5.25%
Ethereum (ETH) $ 3,149.28 1.48%
Tether (USDT) $ 1.00 0.11%
Solana (SOL) $ 242.20 2.48%
BNB (BNB) $ 610.11 0.57%
XRP (XRP) $ 1.12 1.24%
Dogecoin (DOGE) $ 0.382115 1.47%
USDC (USDC) $ 1.00 0.10%
Lido Staked Ether (STETH) $ 3,147.25 1.49%
Cardano (ADA) $ 0.787324 5.08%