According to data from Coingecko, the Ethereum Name Service (ENS) native token has experienced significant price surges in recent days, gaining over 20% in value within the last 24 hours. These gains are driven by increasing excitement surrounding the upcoming ENSv2 upgrade, which aims to enhance the efficiency and scalability of the naming service. ENS...Read More
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones...Read More
The German government has moved another stash of its seized Bitcoin to some of the world’s top crypto exchanges, stirring new fears of a possible liquidation of its Bitcoin reserves. Despite the latest transfers, it currently possesses Bitcoins worth around $2.82 billion. Germany’s Bitcoin Transfers Continues According to an update by Lookonchain, the German government...Read More
Vitalik Buterin, the Ethereum co-founder, has announced new strategies to reduce the transaction confirmation times on the Ethereum network. Acknowledging the necessity for faster transaction speeds, he highlighted the need for latencies in the “hundreds of milliseconds or even less” for certain applications. New Strategies to Reduce Transaction Time In a June 30 blog post,...Read More
The Open Network and its native asset, Toncoin (TON) have gained tremendous traction among investors this year. This trend appears to be resilient despite the current market downturn. Over the past month, TON has recorded approximately 23% surge as it looks to reclaim its recently established peak above $8. As a result, this momentum has...Read More
Analysts across the cryptocurrency space believe that one major update, paired with strong bullish sentiment, could trigger an explosive move for XRP similar to the one seen in 2017. Egrag Crypto took to his X handle and set a minimum target of $6.4 for the cryptocurrency. Despite recent market fluctuations, the monthly candle formation is...Read More
Crypto markets have started to recover over the weekend with a total capitalization gain of around 4%, primarily led by Bitcoin, which reclaimed the $63,000 level during Asian trading on Monday morning. This short week’s economic calendar does not have many big-hitting reports but could still shed light on the direction of economic recovery in...Read More
On June 28, the American venture capitalist said that he wasn’t sure that BTC prices would go up that dramatically from here, in an interview with CNBC. The bearish outlook stems from his view that Bitcoin has yet to fulfill itself as a cypherpunk, crypto-anarchist, and libertarian financial freedom tool. He said that this vision...Read More
There is more to creating an airdrop campaign than most companies realize. Airdrops go beyond sharing free tokens with new users and getting word out for new crypto projects. They extend to aligning company goals with airdrop strategies and reaching a larger audience to keep them interested in a project. Thesis-driven crypto venture capital fund...Read More
The United States government has increased the reward offered for information on OneCoin co-founder Ruja Ignatova’s whereabouts to $5 million. According to an official release from the U.S. Department of State spokesperson in conjunction with the U.S. Embassy in Bulgaria, anyone who brings information leading to the arrest or conviction of Ignatova, popularly known as...Read More
Marathon Digital Holdings, a global crypto-focused platform, announced that its mining operations for Kaspa have yielded approximately $15 million worth of KAS since they commenced last September. The company states that the decision to mine Kaspa was part of its strategy to diversify its mining operations. Marathon Mining Kapsa In the statement released on Wednesday,...Read More
Cryptoslam data indicates that the initially strong NFT market is now recording a downward momentum, having declined in critical metrics, including sales volumes, unique sellers, and buyers. The ongoing rough patch in Bitcoin markets has been blamed for the decline in NFT volume. NFT Volumes Downward Momentum According to data from Cryptoslam, the NFT market...Read More
Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and scheming to defraud investors. This case marks the first time a jury in a federal criminal trial has classified a cryptocurrency as a security and found that price manipulation of cryptocurrency constitutes securities fraud. $300M HYDRO Crypto Fraud Scheme Court...Read More
Losses from hacks and rug pulls in 2024 year-to-date amount to over $473 million across 108 incidents, according to Immunefi’s latest data. This marks a 20% decrease compared to the same period in 2023, which saw losses of more than $595 million. In May 2024, victims of hacks and fraud lost $52.4 million across 21...Read More
The first half of 2024 has ended, and on-chain experts have compiled data to determine the profitable sectors so far in the year. According to coverage from independent crypto reporter Colin Wu, memecoins became the most profitable sector in H1 2024, followed by Real World Assets (RWA) and Artificial Intelligence (AI). Memecoins Emerges as Most...Read More
Analysts at market intelligence platform CryptoQuant have outlined on-chain metrics that could signal that the bitcoin (BTC) price has bottomed and cryptocurrencies are beginning to rally again. The latest weekly CryptoQuant report mentioned signals like higher bullish momentum, rising BTC demand, and faster stablecoin liquidity growth as the metrics to watch. Higher Bullish Momentum CryptoQuant’s...Read More
Free speech champions across the world celebrated earlier this week as Julian Assange – founder of WikiLeaks – was finally released from a UK prison after five years behind bars. During his more than decade-long legal battle to escape persecution from multiple national governments, Assange often leaned on crypto to drive global fundraising campaigns to...Read More
On June 25, the ECB published an update on its two-year preparation phase for the digital Euro CBDC that ends in October 2025. The central bank said that privacy and data protection are its top priorities, but there are a number of disturbing features to the currency that would result in the total opposite. On...Read More
Crypto market intelligence provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted methods to earn yield in the world of decentralized finance (DeFi). Despite the “nearly infinite number of composable strategies” the firm claims its most optimal to stick to “straightforward strategies,” that boil down to “only a handful of different primitives.” The...Read More
Amidst increased network activity and the price rally of its native token, TON, The Open Network ecosystem is seeing a surge in phishing attacks. Unassuming users’ TON wallets are being lured through airdrops and other deceptive methods by attackers. Telegram Users With Anonymous Numbers At Risk Yu Xian – the founder of blockchain security firm...Read More
Jesse Powell, the co-founder and chairman of the cryptocurrency exchange Kraken, has donated $1 million in digital assets to the United States presidential campaign of the pro-crypto candidate Donald Trump. In a Friday tweet, Powell revealed that the donation was mainly in ether (ETH). The Kraken founder has now declared publicly his support for Trump...Read More
The U.S. Securities and Exchange Commission (SEC) sued Ethereum infrastructure provider Consensys on Wednesday for allegedly failing to register key services offered within its MetaMask software wallet. The SEC’s lawsuit comes two months after it issued a Wells notice to Consensys voicing the agency’s intent to sue regarding the popular Ethereum wallet, which its website...Read More
Yield App Ltd, a Seychelles-incorporated crypto investment platform, has announced the immediate suspension of all operations on its digital wealth platform, yield.app. This move comes as the company prepares to enter liquidation proceedings and aims to ensure fair and equal treatment for all users and stakeholders. Yield App Stops Operations The decision, effective today, was...Read More
T-Rex Group – a financial services company – has filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This financial vehicle is being deemed as potentially the most volatile ETF in the country. The filing with the Securities and Exchange Commission’s EDGAR platform reveals that the main aim of the...Read More
The highlight anticipated presidential debate between Donald Trump and Joe Biden did not feature any discussion about Bitcoin or crypto. This was notable given how much attention the industry has garnered this year. Despite this, experts believe that if Trump were re-elected, it could signal a shift toward more favorable regulatory conditions for the crypto...Read More
Bitcoin miners have been one of the key players causing market declines as they engaged in intense selling after the latest halving event which slashed the mining rewards from 6.25 to 3.125 BTC earlier this year. However, the latest data suggest that the selling pressure from these entities has significantly decreased. Such a trend could...Read More
There will be no sharp correction following any potential interest rate cuts by the U.S. central bank in September or November. This is the prediction from analyst ‘RamenPanda’ who explained their thinking in a lengthy post on X on June 27. The analyst noted that during times of financial crisis, such as in 2008, the...Read More
As Solana solidifies its position alongside Bitcoin and Ethereum as one of crypto’s top tiers, and with BTC and ETH already having or nearing U.S. spot ETFs, SOL’s potential for the next spot ETF naturally comes into focus. A recent analysis by GSR Markets suggests that such ETFs could catalyze an increase in SOL’s price,...Read More
This Friday, around 107,000 Bitcoin options contracts will expire, with a notional value of $6.6 billion. Moreover, it is an end-of-month expiry event, which is much larger than usual end-of-week expiries so there may be a little market volatility. Bitcoin Options Expiry Today’s huge tranche of BTC derivatives has a put/call ratio of 0.5, meaning...Read More
Logan Paul has filed a defamation lawsuit against YouTuber Stephen Findeisen, known as Coffeezilla, over a series of videos released in 2022 about the former’s failed CryptoZoo NFT project. The suit alleges that Findeisen “maliciously and repeatedly” made false statements accusing Paul of organizing a scam through CryptoZoo. “Defamatory Falsehoods” The court documents state, “Paul...Read More
