Michael Sonnenshein, the CEO of leading asset management firm Grayscale Investments, believes the approval of spot Bitcoin exchange-traded funds (ETFs) could allow the crypto market to enjoy an inflow of $30 trillion in advised wealth. During an interview with CNBC’s Squawk Box, Sonnenshein said there is a lot of market optimism for Bitcoin (BTC) next...Read More
A recent development has seen a substantial increase in transaction activities on major Ethereum Virtual Machine (EVM) chains. According to Etherscan, a widely used blockchain analytics platform, 95% of these transactions can be attributed to inscriptions. The Ordinals Inscriptions Wave Ordinals inscriptions, which involve embedding unique data in transaction call data to create non-fungible tokens...Read More
[PRESS RELEASE – Tel Aviv, Israel, December 21st, 2023] Addressable, Web3 growth marketing leader, announced today the successful closure of its second funding round this year, reaching a total of $13.5 million so far. The infusion of capital will enable Addressable to supercharge its Web3 Growth Suite and expand its service to new ad networks...Read More
[PRESS RELEASE – Munich, Germany, December 21st, 2023] bitsCrunch, the decentralized AI-powered Web3 analytics network, has announced that the community sale of BCUT – the native utility and governance token for the bitsCrunch network – sold out in 24 minutes, a new record for CoinList. The community sale raised $3.85 million USD and added more...Read More
[PRESS RELEASE – DUBAI, UAE, December 21st, 2023] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of the ‘opBNB Technical Content Creation Campaign.’ Open to both experienced and junior Web3 developers, Web2 developers, tech enthusiast content creators and key opinion leaders (KOLs), the campaign is...Read More
[PRESS RELEASE – Zug, Switzerland, December 21st, 2023] After the successful launch of Testnet 1, paving the way for the upcoming Streamr Network 1.0 milestone, Streamr is excited to announce the start of Testnet 2! This second incentivized testnet, starting on 21st December and concluding on 8th January 2024, will see a reward pool of...Read More
Worldcoin has disabled its offline orb verification feature for users in three markets – India, Brazil, and France. The development comes after a surge in people lining up at specified venues amid the excitement to register and acquire free Worldcoin (WLD) tokens, according to the report by MoneyControl. Worldcoin’s ‘Orb’ is a spherical hardware device...Read More
TLDR XRP will have to be worth $630 to make $1 million from a $1,000 investment. Shiba Inu will be worth $0.0099 with a market size of $5.82 trillion to make $1 million from a $1,000 investment. NuggetRush’s future price will have to be $20, with a market size of $10 billion, to make $1...Read More
As the Solana network continues to see massive interest from the crypto community, traders are cashing out on investments into several memecoins. Blockchain analytics platform Lookonchain revealed in a tweet that a crypto trader was able to make approximately $1.55 million in profits from a $42 investment in Silly Dragon (SILLY), a memecoin on the...Read More
[PRESS RELEASE – Istanbul, Turkey, December 21st, 2023] Serenity Shield, a multi-chain project offering secure and confidential data storage and crypto inheritance solutions, has just received an investment from Castrum Capital, one of Turkey’s largest VC and incubators specializing in AI. Whereas both parties agree not to disclose the investment amount publicly, this partnership marks...Read More
The PancakeSwap community is proposing a reduction in the overall supply cap of its native token, CAKE. A newly unveiled proposal discussion on December 21st advocates for decreasing the total supply limit of the asset from 750 million to 450 million. Given CAKE’s consistent deflation over the past few months and its intensified focus on...Read More
All eyes are on the launch of a spot Bitcoin ETF, with the announcement expected to be just under three weeks from now. This was according to QCP Capital’s observation which said that an approval could arrive either at the market close on January 5th or sometime between January 8th and 10th in 2024. Every...Read More
A British Virgin Islands (BVI) court has issued a freezing order on approximately $1 billion in assets belonging to the founders of Three Arrows Capital (3AC), a once-renowned cryptocurrency hedge fund. The court’s decision aims to prevent co-founders Su Zhu and Kyle Davies, along with the latter’s wife Kelly Chen, from transferring or disposing of...Read More
The BRC-20 tokens have gained significant momentum in recent times as major tokens have displayed massive price action during this month. Further, the ORDI price has added over 18% to its portfolio within the past day, indicating a trend reversal in the market. The ORDI coin price traded in a closed range between $18.550 and...Read More
Ledger, a hardware wallet manufacturer, has announced plans to disable blind signing for Ethereum Virtual Machine (EVM) decentralized applications (DApps) by June 2024. The decision comes in response to an exploit where a wallet drainer was added to a library utilized by numerous DApps to connect to Ledger devices. Ledger Announces Plan to Compensate Victims...Read More
Sentiment over Ethereum has waned in recent weeks as Bitcoin took the limelight with a push to a new 2023 high. Moreover, rival blockchains such as Solana and Avalanche are gaining traction, with token price gains outpacing ETH. On Dec. 21, Glassnode analyst “Checkmatey” opined that the decline in the market cap ratio between ETH...Read More
Stablecoin issuer – Tether – has placed six wallets on a blacklist, comprising five on the Ethereum network and one on Tron. The latest move reflects Tether’s increased proactive approach to blocking addresses. According to ChainArgos, a blockchain intelligence firm, there are a few questionable transactions associated with the Ethereum addresses, potentially related to the...Read More
In the bustling world of cryptocurrency, the U.S. market is abuzz with expectations of Bitcoin turning bullish in 2024. Central to this optimism is the anticipation of spot Bitcoin ETF approvals by January 2024. However, Anthony Pompliano, a renowned figure in the crypto industry, recently presented a differing viewpoint, sparking discussions among enthusiasts and investors....Read More
