May 27, 2024

Friend.tech Co-Founder Hints at Departure From Base, Token Falls 30%

Friend.tech co-founder, pseudonymously known as Racer, has hinted at leaving Base, an Ethereum Layer-2 network launched by Coinbase in 2023 that supports the platform. Following the news, Friend.tech’s token fell sharply and is now trading at $1.02, with a 31.4% drop over the past day. Racer Hints at Departure From Base Racer posted on X...
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Normie Token Plummets 99% After Smart Contract Exploit

The value of the Normie (NORMIE) token sunk by 99% within three hours after it was victim to a smart contract exploit, which temporarily dropped its market cap from $42 million to $200,000. Following the exploit, the developers of the Base meme coin are in discussions with the individual responsible for the incident to reclaim...
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Multipool Sells Out Fjord Foundry LBP

[PRESS RELEASE – Majuro, Marshall Islands, May 27th, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry, concludes its Fjord Foundry LBP with a sell out of all 5 million tokens. With the close of the LBP, Multipool launched their native token, $MUL, on Uniswap V3 today with a market cap of $13M....
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Bitcoin (BTC) Price Crawls Back to $70,000 Range? Will it Make It Above $74,000?

After the recent upswing from $58,000 to $71,000, the Bitcoin bulls were heavily drained, resulting in a plunge below $67,000. The surge was fueled by multiple reasons, which were expected to elevate the rally towards a new ATH. But as it happened after the spot BTC ETF launch, the markets tumbled down following the launch...
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Here’s When Ethereum Devs Plan to Ship Pectra Upgrade

Over a year since the Dencun upgrade went live on Ethereum, attention has shifted to Pectra, which is scheduled for release by early 2025. After evaluating various timeline options, Ethereum developers said they have decided against rushing a release before Devcon in November 2024. Instead, they’re choosing a more careful approach to incorporate additional user...
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EthosX Launches New Perpetual Options Product

[PRESS RELEASE – Claymont, Delaware, May 27th, 2024] EthosX is excited to announce the launch of its new Perpetual Options product being launched in partnership with kanalabs.io on their front end. Called OPerps, it aims to be one of the most accessible and efficient ways to enhance returns by using knowledge about short-term market events....
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Argentina to Collaborate With El Salvador in Adopting Bitcoin: Report

Argentinian authorities are looking to work with officials in the Bitcoin-friendly El Salvador to enhance their adoption of the leading digital asset. According to an official report from the Argentinian National Securities Commission (CNV), the agency’s president and vice president, Roberto Silva and Patricia Boedo, held a meeting with Juan Reyes, the president of El...
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Top 10 Crypto Spot Of Binance Coin (BNB) And Ripple (XRP) Will Be Taken By ETFSwap

The emergence of ETFswap (ETFS) into the crypto market has created quite a buzz among crypto community members because of its unique approach to Exchange-traded funds (ETFs). Further, the success of its ongoing presale has convinced experts that the token is on its way to beating out Binance coin (BNB) and Ripple (XRP) for the...
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HOGE is Officially BASE(D)

[PRESS RELEASE – United States, May 27th, 2024] Hoge Finance, the pioneering meme token, is excited to announce its official bridging to the Base Network. For those tired of rug pulls, quick pump-and-dump schemes, and superficial communities, Hoge offers a refreshing alternative. Backed by an immutable value-creating smart contract and supported by a time-tested, dedicated community, Hoge...
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Donald Trump Vows to Protect Bitcoin from Elizabeth Warren and Regulatory Overreach

Donald Trump’s new weapon against Biden’s administration is cryptocurrency. The former US president has made a striking reversal in his stance on the industry, a topic now emerging as a significant issue in the upcoming presidential election. Trump Rejects CBDC Addressing a crowd at the Libertarian National Convention in Washington, D.C. over the weekend, Trump...
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HashKey Global Launchpool, World’s First Regulated Platform for Pledge to Earn New Tokens, Is Now Live

[PRESS RELEASE – Bermuda, Bermuda, May 27th, 2024] HashKey Global announced the launch of LaunchPool and initiated the first project Polyhedra Network(ZK) pledge to earn campaign, aiming to create a new trading and participation model, enhance user engagement and loyalty, and provide a platform for promotion and development for emerging projects. HashKey Global’s Launchpool platform...
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Media Celebrity Caitlyn Jenner Promotes New Meme Coin, Community Reacts to Potential Hack

Caitlyn Jenner, an American media personality and a former Olympic gold medal winner, has a new meme coin she’s promoting via her X account. Dubbed $JENNER, the token was launched on the Solana-based decentralized exchange (DEX), Pump.fun. Despite the suspicion from several crypto community members on X, the meme coin has soaked up a market...
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How Will This Week’s US Economic Data Impact Crypto Markets? 

Crypto markets have remained relatively inactive over the weekend, maintaining gains made last week in the wake of spot Ethereum exchange-traded fund approvals in the United States. This week will see the release of more economic data such as consumer confidence and gross domestic product indicators. Economic Calendar May 27-31 Monday is Memorial Day in...
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Bitcoin (BTC) $ 97,959.25 4.54%
Ethereum (ETH) $ 3,145.16 1.14%
Tether (USDT) $ 1.00 0.20%
Solana (SOL) $ 241.19 1.32%
BNB (BNB) $ 609.14 0.90%
XRP (XRP) $ 1.11 1.57%
Dogecoin (DOGE) $ 0.382562 2.04%
USDC (USDC) $ 0.999889 0.14%
Lido Staked Ether (STETH) $ 3,147.87 1.35%
Cardano (ADA) $ 0.787312 5.07%