The Worldcoin Foundation is launching World ID orb verifications in Austria to broaden its European presence. According to a blog post, the initiative will use eyeball-scanning orbs placed in various locations throughout Vienna. This technology will enable people aged 18 and over to join the Worldcoin network by verifying their unique World ID. Worldcoin Expands…
XRP’s price is soaring today, positioning the coin to conclude July as its best month of the year. Current market data reveals that XRP is trading at $0.6492, reflecting an 8.01% increase over the past 24 hours. Over the past month, XRP has surged more than 37%, outperforming many of its peers in the market….
Bonk shows potential for a rebound after rising above the 20-day EMA despite an initial drop. Increased volatility suggests significant price swings ahead. Although BONK reached a monthly high of $0.000033 on July 21, it fell to $0.000025 shortly after and faced another decline, losing 4.15% in the past 24 hours. Despite this, the coin’s…
The US Securities and Exchange Commission (SEC) has recently amended its complaint in the lawsuit against Binance, delivering significantly bullish news for Solana (SOL) and Cardano (ADA). This amendment involves a key change in the classification of ten cryptocurrencies, including Solana and Cardano. Initially, these cryptocurrencies were classified as securities in the SEC’s extensive legal…
Binance has upgraded its Web3 Wallet to include DeFi BNB assets, expanding the BNB ecosystem beyond the Binance Exchange. This update allows users to engage more with decentralized finance (DeFi) and earn rewards, reflecting Binance’s effort to bridge traditional and decentralized finance for a better user experience. Binance Web3 Wallet to Support DeFi BNB Assets…
Ethereum (ETH) began the week with strong upward momentum, and its open interest in derivatives has surged past $11 billion. Financial market analysts attribute this increase to the recent approval of Ethereum ETFs, which has significantly heightened investor interest in the cryptocurrency. Ethereum Open Interest Surges Past $11 Billion Amid ETF Approval Recent data from…
On Monday, BlackRock’s iShares Bitcoin Trust (IBIT) saw $205 million in net inflows, outperforming other ETFs. While the rest of the market either experienced losses or reported no net flows, IBIT stood out with significant investment, according to data from Farside Investors. US spot Bitcoin ETF flows on July 29 – Source: Farside Investors Bitcoin…
The SEC and Binance have reached an agreement on the legal timeline amid their ongoing dispute. As part of the lawsuit, the SEC is seeking to redefine certain crypto assets, including Solana, as securities. This development will lead to a postponement of the court’s decision on the adequacy of the original allegations related to these…
Bitcoin’s price jumped after former President Donald Trump spoke in favor of cryptocurrencies. This boost could raise new concerns about how the European Union will regulate the crypto market. During the Bitcoin 2024 conference, Trump, who is running for president as a Republican, promised to make the US the leading country for crypto and Bitcoin….
Polkadot (DOT) has struggled to follow the recent recovery seen in Bitcoin (BTC) and the broader altcoin market. Currently, DOT is trading at $5.70, falling short of breaking through the important $6 mark. While the overall crypto market has bounced back from recent declines, Polkadot hasn’t managed to capitalize on these gains, and investor interest…
Shibarium has recently experienced a surge in activity, with notable increases in both processed blocks and daily transactions. Analysts have mixed views on SHIB’s price outlook. Some believe the price might rise, while others are warning of a potential decline. Shibarium Hits Milestone Amidst Broader Crypto Surge Shiba Inu’s layer-2 blockchain solution, Shibarium, has achieved…
After a strong weekend for Bitcoin, bulls have gained significant momentum, which is likely to keep the price high for the next few days. As the end of the month approaches, staying above the key resistance level could spark a strong rally in the coming month. After Donald Trump backed Bitcoin at the Bitcoin Conference…
Justin Sun has called for China to adopt more crypto-friendly policies. His comments follow Donald Trump’s support for cryptocurrencies as a national reserve asset. China banned cryptocurrencies in 2021, labeling them as harmful, but Sun argues that embracing digital assets could be beneficial. Justin Sun Urges China to Reconsider Crypto Ban Amid US Political Shifts…
BlackRock’s spot Bitcoin ETF has recently seen a remarkable increase in investor interest, with significant inflows recorded. In contrast, Grayscale’s newly converted Ethereum Trust experienced outflows. However, overall Ethereum investment funds managed to stay in positive territory. Asset manager Bryan Courchesne provided an insightful perspective on these market movements, highlighting the contrasting trends in investor…
BONK’s price has recently surged by 8% over 48 hours after bouncing off a crucial support level. This uptick in price indicates positive short-term momentum. However, caution is advised due to the rising wedge pattern that BONK has been forming. This technical pattern often precedes a breakout, but it also suggests potential volatility. At present,…
Worldcoin (WLD) recently experienced a notable double-digit price increase. Despite this rise, futures traders remain skeptical about the price movement. The recent token unlock did not significantly impact the price, indicating that market sentiment continues to be cautious. Worldcoin (WLD) Unlock Timeline Extended Amid Market Fluctuations The team behind Worldcoin (WLD), Tools for Humanity (TFH),…
LayerZero (ZRO) is in the spotlight with a market cap of $533 million and a trading volume of $220 million. Recently, ZRO attempted to reach new highs on July 22 but encountered resistance and pulled back. Despite this, ZRO remains above an important support level at $4.40, which is reinforced by a horizontal support line…
The Shiba Inu team is showing that SHIB is more than a meme coin. The ecosystem now includes ShibaSwap, a decentralized exchange; SHIB Metaverse, a virtual space for users; Shibarium, which improves transaction efficiency; and Shiba Eternity, which enhances gaming. These updates mark SHIB’s move from meme status to a significant player in crypto, with…
A well-known crypto analyst has forecasted a huge price surge for Solana and XRP, predicting they could reach $2,000 and $100, respectively. The analyst also mentioned new opportunities that could deliver 200x returns, generating excitement in the crypto market. Investors are closely watching these predictions, eager to find out which cryptocurrencies might experience significant growth….
Robert F. Kennedy Jr. plans to issue executive orders to integrate Bitcoin into the U.S. financial system, aiming to position it as a key strategic asset. He proposes that the U.S. Treasury buy 550 Bitcoin daily, with the goal of accumulating a reserve of 4 million Bitcoins to strengthen financial dominance. Additionally, Kennedy’s Bitcoin policy…
Vitalik Buterin has addressed worries about Ethereum becoming centralized, especially claims by Péter Szilágyi. He assured that the Ethereum team is focused on keeping the network decentralized and detailed their efforts to achieve this. Vitalik Buterin has stepped in to address concerns about Ethereum’s dedication to decentralization. The issue started when Péter Szilágyi, a key…
Russia is using stablecoins to get around international sanctions and make payments. China, despite banning cryptocurrencies, is still exploring blockchain and digital currencies. The U.S. is worried about crypto being used to evade sanctions and may impose stricter rules. To counter trade disruptions, Russia is turning to digital assets like stablecoins for better cross-border payments….
Aave’s price has jumped 15% thanks to a new governance proposal and a potential fee switch. The fee switch plan aims to collect transaction fees and use them to buy back AAVE tokens. This strong upward trend and positive market sentiment suggest that AAVE could potentially reach $200. The price of Aave (AAVE), the governance…
As Bitcoin (BTC) approached $67,000 on Friday, the altcoin market, especially Ethereum (ETH), showed strong bullish signs. Many altcoins have been consolidating for several weeks, following a trend that started earlier this year. On-chain data reveals that institutional investors have been actively buying up altcoins, preparing for the expected peak of the crypto bull cycle….
Elon Musk has been publicly disowned by his transgender daughter, Vivian Jenna Wilson. The 20-year-old used the social media platform Threads to challenge her father’s recent controversial comments. She posted a screenshot of an old tweet from Musk where he claimed she was “born gay and slightly autistic,” a statement she strongly denied, calling it…
Citi analysts have upgraded Coinbase (COIN) to a ‘BUY’ rating, forecasting a potential 33% increase in its stock price, which could rise to $345. This optimistic outlook is largely due to improving regulatory clarity in the cryptocurrency sector. Currently trading at approximately $260, Coinbase’s stock is seen as having significant growth potential based on this…
The Cardano community is abuzz with excitement over the possibility of a Cardano exchange-traded fund (ETF), especially in light of the recent success of Ethereum ETFs in the U.S. Charles Hoskinson, the founder of Cardano, recently reacted to a tweet from Tap Tools, a platform for tracking tokens and NFTs on the Cardano blockchain. The…
XRP has been rising steadily over the past week, forming an ascending triangle pattern. It was trading around $0.60 during Thursday’s European session, down 0.2% in the last 24 hours. The market is hopeful as it awaits the SEC’s closed meeting on July 25, 2024, which might involve a Ripple-SEC settlement. Speculation about this settlement…
BlackRock’s Ethereum ETF has generated significant interest but faced outflows affecting Ethereum’s price. Analysts are watching how these changes impact crypto investment trends. The ETF launch has been volatile, with mixed market reactions. The current drop in Ethereum’s price might be temporary, and its long-term effects are still uncertain. BlackRock Ethereum ETF Sees Initial Surge…
A new 10-year analysis from Santiment shows that Litecoin and Dogecoin are top in altcoin adoption. Litecoin leads with 8.08 million non-empty wallets, showing strong investor interest, while Dogecoin has 6.69 million wallets, reflecting significant engagement despite being a meme coin. Litecoin also distinguishes itself by processing $2.85 billion daily in large transactions, highlighting its…
Ethena, the issuer of the USDe stablecoin, plans to invest some of its reserves into tokenized US Treasuries. In a governance update on July 16, Ethena revealed its intention to allocate $235 million in USDT stablecoin and $45 million from its Reserve Fund to real-world asset (RWA) products. This strategy is part of a growing…
Shibarium, the Ethereum layer-2 network supporting the Shiba Inu (SHIB) ecosystem, is on the verge of reaching a significant milestone. The network is approaching its 6,000,000th block, with only a few blocks left to hit this achievement. This progress highlights Shibarium’s ongoing development and resilience in the crypto space. Shibarium Nears 6M Blocks, Overcomes Challenges…
Shiba Inu (SHIB) has dropped by 13% over the past week, mainly due to issues with Shibarium, its layer-2 blockchain solution. While the short-term outlook for SHIB is bearish, some analysts are still hopeful about its long-term potential. Shiba Inu (SHIB), the popular meme cryptocurrency, has seen a notable 13% drop in value over the…
The troubled crypto exchange Mt. Gox transferred another large amount of Bitcoin on Wednesday, following recent BTC and BCH transfers intended for creditor repayments. This indicates that Mt. Gox is likely to continue moving significant amounts of Bitcoin throughout the week. In parallel, Kraken has begun distributing Bitcoin that it received from the Mt. Gox…
On Tuesday morning, a wallet connected to the Mt. Gox rehabilitation Trustee moved $3.2 billion worth of Bitcoin between different wallets, with some of it being sent to the digital asset exchange Bitstamp. This large transfer caused Bitcoin’s price to drop below $67,000 as investors reacted to the news. Mt. Gox Trustee Moves $3.2 Billion…
Today’s launch of spot Ethereum ETFs is a big event for the cryptocurrency market. With several new ETFs beginning trading in the U.S., there is a lot of excitement among crypto enthusiasts. They think these ETFs could draw more investors to Ethereum and offer a new investment opportunity in blockchain technology, which many believe has…
Jasmy’s president, Kazumasa Sato, took part in last year’s Japan Techno Economics Society (JATES) study group focused on sensors and data fusion. Jasmy is boosting its data security efforts and market expansion through partnerships with companies like Transcosmos, Toyota, Panasonic, and VAIO. The company leverages blockchain technology to offer decentralized data storage, which helps prevent…
After President Joe Biden announced he is stepping down from the 2024 race, Vice President Kamala Harris thanked him on X and expressed her goal to win the nomination. As the first female, Black, and South Asian Vice President, she could make more history. Let’s explore her career and possible running mates. Kamala Harris: A…
BNB Chain has burned 1.64 million BNB, valued at $971 million, which has boosted the token’s value. This quarterly burn reduces the supply of BNB, enhancing its scarcity and overall value. The $971 million burn underscores BNB Chain’s commitment to its tokenomics strategy. BNB Chain recently completed its 28th quarterly token burn, removing 1,643,698.8 BNB…
Donald Trump’s upcoming speech at the Bitcoin 2024 Conference could affect Bitcoin’s price, and an Ethereum ETF launching on July 23 might boost Ether’s value. Rumors that Michael Dell might also appear at the conference could further impact Bitcoin. Bitcoin has risen nearly 20% this month, reaching around $67,286, partly due to expectations that Trump’s…
The latest sensation on Telegram is the game “Musk Empire,” where players tap on an image of Elon Musk. This game has quickly amassed over 10 million users in just a few weeks. Along with the fun of tapping Musk’s face, players have a chance to earn some crypto, adding an extra incentive to join…
Toncoin (TON), the cryptocurrency associated with Telegram, has faced difficulties maintaining the $7.50 support level and has lost its previous upward momentum.The Relative Strength Index (RSI) reflects a lack of buying interest, staying below 50, which signals weakened demand. Additionally, there has been a 42% drop in active addresses, with investors holding onto their profits…
Dogecoin’s recent price surge is significantly boosting FLOKI’s potential, especially with the backing of Elon Musk. As Dogecoin continues to rise, it’s increasing interest in FLOKI, thanks to their historical correlation and FLOKI’s limited supply along with its buy-burn mechanism, which helps stabilize its price. FLOKI’s Price Potential Linked to Dogecoin Surge The positive impact…
The cryptocurrency market is approaching a critical week, influenced by several important factors. A major point of focus is the forthcoming decision by the U.S. Securities and Exchange Commission (SEC) regarding the Spot Ethereum ETF. An expert has highlighted that this decision could cause significant shifts in market trends and impact investor confidence. Key Market…
Fidelity Investments, a leading global investment firm managing over $12 trillion in assets, has expanded its crypto portfolio to include Litecoin (LTC) alongside Bitcoin (BTC) and Ethereum (ETH). This addition highlights a growing recognition of Litecoin in the cryptocurrency market. Known for its faster transaction times and lower fees compared to Bitcoin, Litecoin is increasingly…
Crypto markets are rising due to U.S. politics. Donald Trump, a key figure in the crypto world, has sparked increased interest in risky assets and boosted crypto trading after surviving an assassination attempt last week. Trump is favored by Wall Street, with major figures from Silicon Valley and the crypto sector investing heavily in his…
In the past 24 hours, Bitcoin has demonstrated impressive performance, gaining over 5% in value. The cryptocurrency market saw a significant recovery after a slow start to the day, during which it experienced notable declines. However, buyers stepped in and pushed Bitcoin above $67K, while many altcoins have also posted impressive returns. Bitcoin’s Recovery and…
Telegram’s Hamster Kombat has launched a new “Fight fight fight” card referencing a failed assassination attempt on Donald Trump. The card shows cartoon hamsters recreating a dramatic scene from Trump’s rally. With over 250 million players, the game is buzzing as it nears its token launch. Hamster Kombat’s New Card Draws on Trump’s Crypto Engagement…
Shiba Inu’s Shibarium is experiencing a dramatic 75% drop in a key metric, reflecting a sudden decline in activity. Data from Shibariumscan shows that active accounts on the network fell sharply from 657 to 168 within just 24 hours. This significant drop is concerning, especially in light of recent events like the WazirX hack and…
The WazirX breach reveals vulnerabilities in multisig wallets, even with strong security measures. In one of the year’s biggest cyberattacks, the Indian cryptocurrency exchange lost over $230 million from a multisig wallet. WazirX reported that the attack targeted a multisig wallet using Liminal’s custody and wallet infrastructure since February 2023. The wallet had six signatories—one…