Balaji Srinivasan – the popular venture investor and Coinbase’s former Chief Technology Officer (CTO) – believes Bitcoin Maximalism is due to gain steam as a philosophical and economic belief system. In a Twitter post on Wednesday, the entrepreneur argued why faith in the existing financial system is bound to erode over time as the U.S....Read More
São Paulo-based Nubank announced the launch of a new feature that allows withdrawals and deposits of Bitcoin and cryptocurrencies. With this latest move, customers will now be able to send and receive Bitcoin, Ethereum, and Solana using the Nubank app. The withdrawal and deposit options are now available, allowing users to check the functionality on...Read More
Bankrupt cryptocurrency exchange FTX is looking to offload its remaining Solana native tokens, SOL, via an auction this week. According to a Bloomberg report, people familiar with the matter said the bankruptcy estate would auction an unspecified amount of SOL in the hopes of receiving a higher price than that which they would have gotten...Read More
The creator of the popular ‘Bitcoin Power Law’ has unveiled a chart detailing his price model’s exact BTC price targets for the next several market cycles. The model predicts that Bitcoin will reach $218,875 at its cycle peak in November 2025, before descending to $96,677 at its bottom in December 2026. What Is The Bitcoin...Read More
Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions on oil exports will be frozen. The decision follows recent reports indicating an increased use of Tether’s USDT by Venezuela’s state-run oil company, PDVSA, to avoid sanctions imposed by the United States. Venezuela’s PDVSA Turns to Tether Amid Sanctions According to...Read More
[PRESS RELEASE – San Francisco, California, April 23rd, 2024] Galxe launches $5M rewards pool, featuring rewards from prominent partners including Arbitrum, Polyhedra, and Merlin. Galxe introduces a revamped governance structure, shifting voting rights exclusively to GAL stakers, promoting a more involved and representative governance process. Galxe Earn introduces a new infrastructure for airdrop campaigns with...Read More
[PRESS RELEASE – Bucharest, Romania, April 24th, 2024] Banksters, the innovative EduTech simulator that integrates NFT technology to gamify everyday life experiences, has announced that its upcoming token sale will happen on April 24. Scheduled to take place on three prominent Tier-1 and Tier-2 launchpads – BullPerks, Games Pad, and StormGain – the sale provides...Read More
Bitcoin’s fourth halving has sparked speculation about significant price surges, but Glassnode, an analytics firm, advises that investors should “ground expectations” based on historical data. The Bitcoin halving happened less than a week ago, leading to a 50% reduction in supply inflation, increasing the issuance scarcity. Glassnode Says Fourth Halving is Different The halving has...Read More
[PRESS RELEASE – Richmond Hill, Kingstown, April 24th, 2024] Minutes Network Token (MNT), the proprietary token of Minutes Network, the world’s first DePIN wholesale voice call termination provider, today discussed its blockchain utilisation in more depth. Alex Berry, Head of Token, explained, ‘the decision to launch MNT was driven by our commitment to create a...Read More
The U.S. Department of Justice (DOJ) has recommended a three-year prison sentence for Changpeng “CZ” Zhao, the founder and former Chief Executive Officer of Binance. This recommendation follows Zhao’s guilty plea last year for violating the Bank Secrecy Act last November. CZ’s Sentencing According to documents filed by DOJ attorneys on Tuesday night, Zhao should...Read More
The Solana ecosystem has displayed a significant uptrend in its valuation over the past weekend, indicating a rise in bullish sentiment for this category. Moreover, the SOL-based memecoins have recorded a bullish trend reversal, suggesting a positive price action for these tokens. The most successful memecoin on the Solana blockchain, the WIF price has added...Read More
[PRESS RELEASE – Victoria, Seychelles, April 24th, 2024] FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base blockchain. This pioneering platform empowers the community to play a pivotal role in meme coin creation, launch, and protection from scams and rug pulls. With...Read More
More traditional finance firms in the United States are jumping on the crypto bandwagon and giving their clients access to the burgeoning sector. This is seen in the increasing portfolio allocation given to crypto investment products. A tweet by Bloomberg exchange-traded fund (ETF) analyst Eric Balchunas has revealed that two U.S. investment advisors, Legacy Wealth...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, April 24th, 2024 Me3, a prediction platform that integrates digital asset ownership with live events, Web 2.5 gaming & eSports interaction, announces its private sale on the Yield App Angel Launchpad. Yield App, a well-known crypto platform that bridges the gap between traditional finance and the innovative world of...Read More
Zircuit, an EVM-compatible ZK Rollup, has reached a milestone as its staking Total Value Locked (TVL) has surpassed $2 billion. This comes after users deposited more than $80 million into the project in the last 24 hours. Although still in the testnet phase, the mainnet launch is anticipated later this summer. Zircuit Staking Deposits Surpass...Read More
As of 24 April 2024, a new Pre-Launch futures contract for Renzo (REZ) is available to trade on BitMEX. REZUSDTK24 started trading here at 06:00 UTC. The new listing is margined in Tether (USDT) and offers up to 2x leverage – allowing users to long or short REZ before it’s listed on spot exchanges. For...Read More
