The crypto market scenario has completely changed since the U.S. election results, as a change in the leadership is expected to offer regulatory clarity to the space. Moreover, the Cardano founder being the crypto advisor to the new president has induced huge confidence in ADA, which flung into action in no time. With the iconic...Read More
The art world appears to have moved over Picasso. There’s a new muse in town: a banana duct-taped to a wall. Crypto entrepreneur and Tron founder Justin Sun recently splashed a jaw-dropping $6.2 million at Sotheby’s New York for “Comedian,” Maurizio Cattelan’s viral “artwork” consisting of…well, a banana and some duct tape. And in true...Read More
In the latest development, Bitcoin miner MARA Holdings has revealed that it has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and...Read More
The race to launch the first Solana-focused exchange-traded fund (ETF) is heating up, with four major issuers filing applications with the Chicago Board Options Exchange (CBOE). This development seems to have triggered a charge leading to the price of Solana’s native SOL token to a new all-time high (ATH), pushing it almost past $263 only...Read More
A dormant Ethereum whale has resurfaced, sparking intrigue as the price of the world’s largest altcoin rallies amidst a broader market surge. According to Lookonchain, this whale amassed 398,889 ETH – worth $2.4 million at the time – between January 18 and March 10, 2016, at an average price of just $6 per ether. The...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, November 22nd, 2024] Sui drives blockchain innovation with support from global leader in asset management The Sui Foundation, the independent organization dedicated to the advancement and adoption of Sui, the innovative Layer 1 and smart contract platform, today announced a strategic partnership with Franklin Templeton Digital Assets. Franklin...Read More
Michael Saylor has announced that MicroStrategy successfully raised $3 billion through a convertible senior note offering. According to the company’s Executive Chairman, the offering carries a 0% coupon rate and a 55% premium, setting the implied strike price at around $672 per share. $3 Billion Convertible Notes Offering In an accompanying press release, MicroStrategy explained...Read More
[PRESS RELEASE – Istanbul, Turkey, November 22nd, 2024] Türkiye’s digital asset custodian Paribu to offer crypto custody services to institutional clients worldwide Since 2017, Türkiye’s leading crypto asset technology company Paribu has served 7 million users. Now, with the launch of Paribu Custody, it offers institutional clients worldwide secure digital asset custody and management aligned...Read More
It has been just over two weeks since it became known that the self-proclaimed ‘pro-crypto’ candidate, Donald Trump, will be the next president of the US. The news was received with open arms by crypto investors as prices of all major assets skyrocketed to local or all-time peaks. Expectedly, bitcoin was and still is at...Read More
[PRESS RELEASE – George Town, Grand Cayman, November 22nd, 2024] Zircuit, the chain where innovation meets security, today announced its ZRC Token Launch on Monday, November 25th—a key step in building a thriving, decentralized ecosystem. ZRC serves as the foundation of Zircuit’s architecture, enabling participants to receive additional rewards, participate in network app fair launches,...Read More
Around 29,000 Bitcoin options contracts will expire on Friday, Nov. 22, and they have a notional value of around $2.84 billion. Today’s options expiry is slightly smaller in magnitude than last week’s, but spot crypto markets are on fire, with peak prices being hit by several assets. A huge $9 billion expiry event will occur...Read More
Crypto market capitalization surged to an all-time high of $3.44 trillion on Friday, Nov. 22. It has been primarily driven by Bitcoin, which topped $99,000 at a new all-time high as its dominance remains high at over 60%. However, several altcoins are also making big moves, with many showing double-digit growth today. Solana (SOL) is the...Read More
Since the Trump Trade narrative ran its course in the crypto market, several digital assets, including Ethereum, have surged in value; however, while most coins have seen investors take profits, the same cannot be said for ETH. According to a CryptoQuant report by pseudonymous analyst Onatt, retail ETH investors appear to be holding their positions...Read More
Besides an impressive gain of over 43% in the past week, Cardano (ADA) is poised to continue this upward rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. With this bullish price action, heightened participation from traders and investors has been observed. Whale Activity:...Read More
South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was carried out by North Korean hacking groups Lazarus and Andariel, linked to the Reconnaissance General Bureau, which happens to be DPRK’s premiere intelligence organization. Upbit, one of South Korea’s leading crypto exchanges, first...Read More
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the fraudulent transfers and recover additional...Read More
[PRESS RELEASE – Abu Dhabi, UAE, November 21st, 2024] Coinshift, a prominent name in onchain treasury management, has launched csUSDL: a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors. The announcement follows the release of the new Coinshift Business, which integrates payments and accounting services...Read More
[PRESS RELEASE – Palo Alto, California, November 21st, 2024] Integration to enhance DeFi use cases on Aptos, expand interoperability, and streamline global payment solutions for merchants. Aptos Foundation today announced the upcoming integration of Circle’s native USDC and Cross-Chain Transfer Protocol (CCTP) on the Aptos Network, as well as Stripe adding support for Aptos in...Read More
Gary Gensler, the current chairman of the U.S. Securities and Exchange Commission (SEC), confirmed on Thursday that he will be stepping down from his role starting in January. Gensler confirmed the news in an announcement on Twitter and a post to the SEC’s website, saying it had been an “honor of a lifetime” to “ensure...Read More
Sui Network suffered a major disruption on November 21st after failing to produce blocks on its mainnet, which effectively brought the blockchain to a standstill. Following a two-hour downtime, the network resumed operations, once again processing transactions. Sui Network Restored After Downtime According to the official announcement by the team behind the Layer 1 network,...Read More
Pepe (PEPE), the world’s third-biggest meme coin, is poised for a massive bull run as it has broken out of a bullish price action pattern. Following this breakout, heightened participation from traders and investors has been observed in the past few hours. Traders and Whales Fuel PEPE’s Breakout Momentum According to the recent report by...Read More
Bitcoin skyrocketed above $98,000 on Thursday, hitting a new peak as its market cap neared $2 trillion. Investor optimism surrounding Donald Trump’s presidential win has sparked speculation that his leadership could lead to crypto-friendly policies, which has contributed to the surge. As a result, the leading cryptocurrency has gained over 44% since the November 5...Read More
Due to Bitcoin’s persistent rally over the past week, the cryptocurrency’s market cap is a few steps away from hitting $2 trillion, and social media is abuzz with excitement. A tweet by on-chain analytics platform Santiment revealed that social media is bustling with speculation on which cryptocurrencies may experience top isolated rallies in the coming...Read More
[PRESS RELEASE – Melbourne, Australia, November 21st, 2024] eventflo, a decentralized event platform built by seasoned festival veterans, is excited to announce the launch of its highly anticipated TestNet on BNB Chain. eventflo is on a mission to revolutionize the $2.2 trillion global event industry by tokenizing every aspect of the event ecosystem and introducing...Read More
[PRESS RELEASE – Luxembourg, Luxembourg, November 21st, 2024] DegenLayer, a newly launched memecoin-focused blockchain & trading terminal app suite, has announced its testnet release, marking a key step toward its upcoming mainnet launch. The platform aims to facilitate zero setup memecoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem. The...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, November 21st, 2024] Arcana Network is thrilled to announce the launch of the Arcana Wallet Beta, now available on the Chrome Store, setting a new standard in blockchain accessibility and user experience through its pioneering Chain Abstraction Protocol. Built as the first Externally Owned Account (EOA) wallet to...Read More
Bitcoin’s market capitalization hit an all-time high of $1.93 trillion on Thursday, Nov. 21, when the asset reached a record high of $97,850. This means that its market cap is now larger than the world’s sixth-largest company, Saudi Aramco, and just $230 billion behind e-commerce giant Amazon. The firm, also known as the Saudi Arabian...Read More
[PRESS RELEASE – Barcelona, Spain, November 20th, 2024] AIntivirus, a global initiative aimed at combating systemic corruption and promoting transparency, launches with a message rooted in the enduring legacy of John McAfee. The project, inspired by McAfee’s outspoken stance on accountability and digital security, seeks to create a more equitable and secure digital environment. A...Read More
[PRESS RELEASE – Sydney, Australia, November 20th, 2024] In the evolving world of cryptocurrency, JAXInu is combining the viral appeal of meme tokens with the transformative power of Regenerative Finance (ReFi). This blend, known as MemeReFi (MeFi), creates a platform that’s both engaging and focused on creating real-world impact. JAXInu offers investors a chance to...Read More
Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the blockchain’s leading DeFi platforms. “Today’s...Read More
