With Bitcoin trading sideways over the past few months, traders are waiting for their signal to re-enter the market before crypto reclaims its bullish momentum from earlier this year. In a Wednesday memo, an analyst from CryptoQuant highlighted one signal worth looking at: stablecoin liquidity. Stablecoins: The Key To Driving Bitcoin Higher “The bottom line...Read More
We have seen Ripple’s $XRP take investors on a wild ride with huge highs and tough lows. No coin in the top 10 has dropped more from its all-time high (ATH) than $XRP. It’s down 86% from its peak of $3.40 in 2018, and its last big surge was in early 2021. However, Ripple has...Read More
[PRESS RELEASE – Toronto, Canada, July 3rd, 2024] Digital Shovel Holdings Inc. sued RK Mission Critical LLC, RK Mechanical LLC, and RK Industries LLC for patent infringement in May in the US District Court for the District of Colorado. “Instead of competing fairly,” the complaint says, “Defendants are exploiting the innovative technologies that Digital Shovel...Read More
Investors are eagerly awaiting the launch of spot Ethereum ETFs this month. But reports of delays appear to have vexed investors. But once spot Ethereum ETFs hit the floor, these new products are estimated to attract net inflows of $3-$5 billion within the first six months of trading, according to a recent report published by...Read More
Please see below our commentary from the courtroom in London, for the hearing which took place on 7 June 2024. This hearing related to the COPA vs CSW identity trial, which CSW lost. The main topic of the gearing focused on what injuctions, if any, to impose on CSW following on from his loss. We...Read More
Crypto mining firm Genesis Digital Assets – backed by Sam Bankman-Fried’s fallen hedge fund, is reportedly mulling over an initial public offering (IPO) in the US as the crypto sector gains steam. According to Bloomberg sources, Genesis Digital Assets is currently consulting advisers on a possible listing. The mining company intends to initiate a pre-IPO...Read More
[PRESS RELEASE – Bengaluru, India, July 3rd, 2024] E Money Network, a modular RWA blockchain, has launched the biggest RWA grant program in the crypto space, totaling $2 million, to enable RWA projects to build on their blockchain and accelerate the development of the RWA economy. E Money Network’s Architecture Unlocks a World of Possibilities...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 3rd, 2024] Bybit, the world’s second-largest web3 platform by trading volume, today announced the integration of three chains – SUI, ZKLink, and Scroll – into its web3 ecosystem. This integration empowers Bybit users to seamlessly switch between these chains within their Bybit Wallet extension, unlocking a wider...Read More
Asset managers are optimistic about Security and Exchange Commission approval for the first U.S. ETFs directly investing in Ethereum, possibly by mid-July. The SEC has given ETF applicants until July 8 to submit updated paperwork and amended S-1s, with potential additional rounds of filings. There may be an additional round of filings after the one...Read More
[PRESS RELEASE – Tokyo, Japan, July 2nd, 2024] The community has spoken, Astar Foundation, the lead organization overseeing development of Astar Network, has announced a token burn. 5% of the ASTR genesis allocation will be burned, permanently removing these tokens from circulation. The token burn, comprising 350M ASTR tokens, has been confirmed following a governance...Read More
[PRESS RELEASE – Vancouver, Canada, July 3rd, 2024] Chibi Clash, a fantasy web3 gaming universe, has unveiled its Kingdoms Alliance Event, running from July 2nd to July 22nd, allowing players to compete for rewards. This event marks a collaborative effort among 21 partner projects within the Chibi Clash ecosystem, including AI Arena, Apeiron, Pixelmon, Pirate...Read More
