[PRESS RELEASE – London, United Kingdom, May 29th, 2024] Memeinator the viral new meme coin, continues its upward trajectory following its successful $7.7 million presale and has confirmed it will list its MMTR token today, the 29th of May, at 3 PM UTC on both MEXC and Uniswap. MEXC, popular among both novice traders and...Read More
On May 28th, BlackRock finally surpassed Grayscale to become the largest spot Bitcoin ETF with 288,671 BTC in its holdings. It took BlackRock’s IBIT just 96 trading days to close the substantial gap with Grayscale’s GBTC. IBIT has now reached an impressive asset under management (AUM) of nearly $19.79 billion. Meanwhile, GBTC saw its AUM...Read More
For the third consecutive week, digital asset investment products attracted impressive inflows, as this time, they totaled $1.05 billion. The latest figures contributed to a record-breaking year-to-date cumulative flow of $14.9 billion. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, the recent surge in prices has driven total digital asset...Read More
Crypto whales and sharks have been known to sway the market in one direction, triggering losses or gains by simply moving their assets. Watching the activities of these market stakeholders can help traders prepare for the next potential move in the price of an asset. Analysts at crypto data platform Santiment have revealed the accumulation...Read More
In a shift within the cryptocurrency exchange landscape, HTX has surpassed Coinbase in spot trading volumes for the first time. This milestone was announced by Justin Sun, the founder of the TRON blockchain and a global advisor for HTX, via a post on the social media platform X on May 27. Sun Declares it’s ‘Just...Read More
Bitcoin development company MicroStrategy has found another copycat willing to mimic its investment strategy of going all-in on BTC. Semler Scientific (SMLR), a little-known medical company trading on the NASDAQ, announced on Tuesday that it had adopted Bitcoin as its “primary treasury reserve asset” that will henceforth be bought using the company’s excess cash. Semler...Read More
Last week was memorable for the crypto community. Over four months after it approved similar products for Bitcoin, the United States Securities and Exchange Commission (SEC) gave a green signal to the first wave of spot Ethereum exchange-traded funds (ETFs). According to the latest Bitfinex Alpha report, the crypto market’s reaction to the event was...Read More
Ethereum has been hovering near the $4,000 mark, driven by a major turnaround in the US Securities and Exchange Commission’s (SEC) decision to approve spot ETH ETFs. This development has fueled trader optimism about the leading altcoin’s price trajectory. However, increased inflows of ETH into cryptocurrency exchanges could spell trouble. ETH Inflows Signal Selling Trend...Read More
Introduction to Staking Earning cryptocurrency has long been a trend, and staking is one of the most popular ways to generate passive income. CryptoHeap offers a unique opportunity to earn a steady income through staking while maintaining high liquidity. Let’s explore how it works and what benefits you can reap. What is Staking and How...Read More
Bitcoin and Ethereum have managed to pull crowds with stunning rallies this year. With the approval of their respective spot ETFs, the world’s largest cryptocurrencies are expected to attract billions. As such, popular analyst Lark Davis has made bold predictions for the top assets. Bold Predictions For Bitcoin and Ethereum In a recent tweet, Davis...Read More
[PRESS RELEASE – Dubai, UAE, May 28th, 2024] Magpie Protocol announces its integration into the AI-powered auto-trading copilot, Mainline ALPHA, in what is the first integration of Magpie Protocol’s API. This integration will allow Mainline ALPHA users to leverage Magpie’s proprietary routing algorithm for fast, secure, and efficient cross-chain swaps. Mainline ALPHA is a platform...Read More
Robert Kiyosaki, author of “Rich Dad Poor Dad,” has debunked the commonly held belief that bonds are generally safe investments. In a recent tweet, Kiyosaki labeled the notion that “bonds are safe” as the “biggest lie” propagated by financial planners to “gullible” investors. He even went on to warn that even highly rated AAA bonds...Read More
Bitcoin briefly surpassed the psychological barrier of $70,000 before sustaining a correction and falling close to $68,000. While a breakout does not appear to transpire in the near term, the data suggest that the bull market is still not over. In fact, bitcoin is potentially primed for more gains, according to the latest analysis by...Read More
[PRESS RELEASE – Lisbon, Portugal, May 28th, 2024] ORACLE MEME Coin (OMEME) has made an impact in the cryptocurrency market, raising $208,000 within minutes of its presale launch. This rapid fundraising has positioned OMEME as a significant new entrant in the meme coin sector, attracting attention and participation from the community. Key Milestones and Developments...Read More
As of May 24, all Bitcoin exchange-traded funds (ETFs) collectively hold 1,002,343 BTC, with a significant portion allocated to U.S. products among the 32 available ETFs. MicroStrategy’s executive chairman, Michael Saylor, emphasized this notable achievement in a recent post, noting that these 32 spot Bitcoin ETFs together now possess an amount equivalent to the holdings...Read More
Grayscale’s upcoming spot Ether exchange-traded fund (ETF) could potentially see an average outflow of $110 million per day if it follows the trend set by the company’s Bitcoin Trust in its first month, according to a report by Kaiko. This projection follows the approval of spot Ether ETFs by the U.S. Securities and Exchange Commission...Read More
On May 28, on-chain analysts observed that Mt. Gox distributions appeared to be underway. Around 42,900 BTC worth around $2.9 billion was being moved at the time though there could be as much as $6 billion worth. Analyst James Check said that the Mt. Gox event is going to be “a fantastic case study for...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, May 28th, 2024] Term Structure, a non-custodial fixed-income protocol that provides fixed rates, fixed terms, and peer-to-peer borrowing and lending on Ethereum, is excited to announce significant updates and upcoming features as it gears up for the upcoming Mainnet launch. These developments demonstrate Term Structure’s commitment to revolutionizing...Read More
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...Read More
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...Read More
[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....Read More
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...Read More
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...Read More
[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....Read More
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...Read More
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...Read More
[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...Read More
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...Read More
[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...Read More
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...Read More
