ARK Invest CEO Cathie Wood said on Tuesday that she and her fund are now more confident in their “bull case” for Bitcoin (BTC): $1.5 million by 2030. The investment manager’s boost of confidence stems from Bitcoin’s positive response to the United States regional banking crisis in March. The Bear, Base, and Bull Case Ark...Read More
Decentralized finance (DeFi) protocol Struct Finance recorded over 129% gains in its total value locked (TVL) over the past week, according to data from DeFi TVL aggregator DeFiLlama. Struct Finance’s TVL more than doubled between July 11 and July 18 from $350,820 to $800,000, and at the time of writing, the TVL was at $806,314....Read More
The world’s largest cryptocurrency exchange – Binance – ended its partnership with the Argentine Football Association (AFA), claiming the latter has not “fully met its contractual obligations.” The agreement, which turned the platform into the Global Main Sponsor of Argentina’s national soccer team, was supposed to last until 2027. Parting Ways Binance and the AFA signed the...Read More
The bankrupt cryptocurrency lender Celsius, its creditors, and its Series B holders have reached a settlement with regard to the distribution of $25 million in proceeds from the sale of crypto custodian GK8. According to the filing, the settlements seek to deploy $24 million for legal expenses while allocating the rest of $1 million among...Read More
The latest influx of Bitcoin (BTC) spot ETF applications in the United States is certainly generating hype, but some analysts are split on whether that excitement is warranted. While many claim approval will invite a new wave of investor capital into the asset, others think it may only amount to a sell-the-news event. The Bearish...Read More
[PRESS RELEASE – Mahe, Seychelles, July 18th, 2023] We are thrilled to announce that $TET, the top-performing token on Uniswap, has been listed on the esteemed MEXC Exchange. This listing represents a significant milestone for the Tectum project and opens up exciting opportunities for investors and traders worldwide. The highly anticipated listing on MEXC Exchange...Read More
In a recent development, a landmark judgment regarding the status of Ripple’s XRP token as a security is not expected to influence the ongoing bankruptcy proceedings of the beleaguered crypto lender, Celsius. This information was revealed by the legal counsel representing Celsius during a court hearing in New York on Tuesday. Ripple’s XRP and Celsius’...Read More
If there’s one thing that has been constant throughout 2023 in the crypto market so far, it is the craze over meme coins. Over the past few months, there have been many meme coins that have left crypto users and analysts impressed by their market performances. DigiToads (TOADS) has been one of the most famous...Read More
Brian Armstrong, the chief executive officer of America’s largest cryptocurrency exchange Coinbase, will privately meet with Democrats from the House of Representatives on Wednesday morning. According to a Bloomberg report, Democratic aides disclosed that the meeting would focus on crypto legislation and related issues like taxes, privacy, and national security. Coinbase CEO to Meet With...Read More
[PRESS RELEASE – Paris, France, July 18th, 2023] Sushi to deploy Interchain Tokens, powered by new Axelar product suite delivering cross-chain fungibility and customization. Axelar, the blockchain interoperability leader, is announcing the launch of Interchain Token Service (ITS), a product suite that extends tokens cross-chain, preserving their native functionality and allowing teams to easily manage...Read More
The legal clash between Ripple and the US Securities and Exchange Commission has turned into a cornerstone case for the entire cryptocurrency industry. According to many, it may have serious implications for future lawsuits, regardless of how it ends. Most recently, Judge Analisa Torres ruled that secondary sales of XRP didn’t constitute investment contracts –...Read More
Investors are closely monitoring Coinbase’s earning reports as shares of the crypto giant COIN are up more than 214% YTD. The fresh boost was provided after the crypto exchange reached an agreement with Cboe’s BZX Exchange to maintain a surveillance-sharing agreement for five of its spot Bitcoin ETF applications. As a result, funds associated with...Read More
Chainlink, a leading project focusing on the use of oracles to bring real-world data onto the blockchain and use it for business purposes, has been working on a way to bring its hard-earned, reputable data to partnered projects for quite some time now. After a long wait, the devs at Chainlink announced the launch of...Read More
Abstract: In this piece, we compare the gold & precious metals trading community (gold bugs) in the 2009 to 2012 period, to that of today’s cryptocurrency community. In particular we look at the similar and controversial nature of the role played by US regulator Gary Gensler today and thirteen years ago. In both cases, some...Read More
[PRESS RELEASE San Francisco, US, July 17th, 2023] Portal, a self-hosted wallet and true cross-chain Layer-2 DEX built on Bitcoin is thrilled to announce that LFG Market, a marketplace for Ordinal NFTs and Bitcoin-based BRC-20 tokens, has chosen to integrate the Portal DEX protocol to offer users cross-chain trading of Ordinals and BRC-20 tokens. The...Read More
On July 17, Gary Gensler said he was “disappointed” with the judge’s ruling that Ripple’s XRP token was not a security when it was sold to retail investors on exchanges. The ruling was celebrated as good news for the wider crypto industry and retail investors, but Gensler doesn’t agree. 🚨BREAKING: @GaryGensler addresses the @Ripple Summary...Read More
Sometimes a project comes along that is so staggering in its success that it makes you wonder why it is so special. Wall St Memes (WSM) is just that project – and its presale isn’t over yet. Still, it has pulled in over $15.2 million, and there’s no sign of the end of its growth...Read More
Crypto exchange Binance announced it has completed the integration of Bitcoin on the Lightning Network (LN). The move will enable Binance users to leverage the scaling solution for Bitcoin deposits and withdrawals. When depositing BTC, users will have the additional option of “BTC-Lightning” alongside the standard choices of Bitcoin, BEP20, SegWit, and others. With the...Read More
