June 5, 2024

US Lawmakers Urge Biden to Secure Release of Detained Binance Exec in Nigeria

A group of U.S. lawmakers has called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance, who has been held by Nigerian authorities for nearly three months. The appeal, led by House Foreign Affairs Committee Chair Michael McCaul (R-Texas) and supported by 11 other congressional leaders, demands...
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Chainlink Tops Real-World Crypto Assets With the Most Development Again

Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has emerged once more as the top real-world asset with the most development activity in the last 30 days. According to a tweet by Santiment, LINK is followed by Synthetix (SNX), Centrifuge (CFG), and Oraichain (ORAI). Top RWAs With the Most...
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Jim Cramer Asks SEC Chair If There Will Be A BONK ETF

Gary Gensler – chairman of the US Securities and Exchange Commission (SEC) – sat down with CNBC’s Mad Money host Jim Cramer on Wednesday to discuss the regulator’s Bitcoin and Ethereum ETF approvals, alongside what may be coming next. That included questions about whether obscure meme coins could soon receive their own ETFs, such as...
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Over 40% of Bitcoin (BTC) Supply Now Held by This Group of Whale Addresses

Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or “whales” holding over...
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Vitalik Buterin Unhappy About This Cycle’s Meme Coins: Here’s Why

Vitalik Buterin, the co-founder of the Ethereum network, has expressed his unhappiness about the celebrity meme coin experiments in this bull cycle. According to a tweet by the Canadian-Russian computer programmer, he would deem the meme coin projects more honorable and respectable if they had a public goal and were geared toward pushing specific causes...
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‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem

[PRESS RELEASE – Singapore, Singapore, June 5th, 2024] Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times,...
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LRT Skyrockets 10x in First 24 Hours, Game Launch is a Massive Success

[PRESS RELEASE – Dubai, UAE, June 5th, 2024] LandRocker, the groundbreaking Play-to-Earn (P2E) gaming platform, has made a spectacular entry into the market, achieving remarkable milestones that have positioned it as a leader in the P2E gaming sector. The recent listing of LandRocker’s token (LRT) on MEXC and Uniswap has been met with overwhelming success,...
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Introducing Mandala Chain, The Polkadot L1 Targets 10M+ New Wallets in Indonesia

[PRESS RELEASE – Bali, Indonesia, June 5th, 2024] Mandala Chain: Real World Utility & Adoption, Starting in Indonesia Mandala Chain, a Polkadot parachain that seamlessly integrates government and enterprise applications with public and retail sectors, has released details on their initial partnerships and use cases. The inaugural use case, IDCHAIN, is in collaboration with the...
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This Whale Bets Big on Shiba Inu as SHIB Price Spiked by 6% Daily

With meme coins creating buzz all year, whales have doubled down on accumulating these tokens. One such whale has been massively accumulating Shiba Inu (SHIB) tokens, spending 4,849 ETH, worth around $18.44 million, to purchase a whopping 715.9 billion SHIB over the span of just six hours. This is an extraordinary buying spree, even for...
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Margex Announces $5 Million BOME Airdrop for High-Volume Traders, June 5-17

[PRESS RELEASE – Victoria, Seychelles, June 5th, 2024] Margex, a cryptocurrency trading platform, is excited to announce a $5 million airdrop of Bome (BOME) tokens. Margex is offering users the chance to earn a share of a $5 million Bome (BOME) memecoin airdrop. Users with the highest trading volumes between June 5 and June 17,...
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Scrooge Token Achieves $250,000 in Sales within Three Days of Launch

[PRESS RELEASE – Dover, Delaware / USA, June 5th, 2024] Scroogetoken has reached a significant milestone, achieving $250,000 in sales within three days of its launch. This success reflects the strong support from its community and the project’s aim to innovate within the meme token space. Since its release, Scrooge Token has recorded notable sales...
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US Spot Bitcoin ETFs Record Second-Best Day Ever as BTC Price Taps 2-Week High

On June 4, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a total inflow of $886.6 million. This marks the highest net inflows seen by the funds since March 12, when a record of $1.04 billion was achieved. Notably, bitcoin reached an all-time high of $73,679 a day later, on March 13. Fidelity Leads with $378M...
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Talisman Wallet Launches Quests App to Gamify Users’ Rewards Experience in Polkadot and Ethereum

[PRESS RELEASE – New York, United States, June 5th, 2024] Talisman, the ultra-secure multi-chain crypto wallet, has today announced the launch of Talisman Quests, a gamified experience designed to drive user engagement and education in the Polkadot ecosystem. Having recently operated in beta, Quests compels crypto users to create a profile and progress through different...
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Another Country Will See its First Spot Bitcoin ETF: Report

According to the Bangkok Post, the Thai Securities and Exchange Commission (SEC) has given approval to One Asset Management, a local firm, to introduce Thailand’s first Bitcoin exchange-traded fund (ETF). This ETF is exclusively available to wealthy and institutional investors and follows a policy of investing in 11 prominent global funds. A Diversified Approach The...
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Bitcoin (BTC) $ 95,471.58 0.80%
Ethereum (ETH) $ 3,568.20 1.66%
XRP (XRP) $ 2.54 6.08%
Tether (USDT) $ 0.998801 0.04%
Solana (SOL) $ 223.40 0.84%
BNB (BNB) $ 646.41 0.86%
Dogecoin (DOGE) $ 0.40728 3.61%
Cardano (ADA) $ 1.20 0.19%
USDC (USDC) $ 0.998427 0.24%
Lido Staked Ether (STETH) $ 3,564.84 1.72%