The Nigerian High Court has rejected a lawsuit filed by Binance regional manager Nadeem Anjarwalla. Anjarwalla alleged that Nigerian government agencies violated his basic rights by detaining him and confiscating his passport. Judge Inyang Ekwo dismissed Anjarwalla’s lawsuit against the Office of the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC)…
LayerZero Foundation has introduced an eligibility checker for its upcoming airdrop. According to Layer Labs CEO Bryan Pellegrino, approximately 1.28 million wallets qualify for the airdrop. LayerZero Foundation, which supports the cross-chain interoperability platform LayerZero, has launched an eligibility checker for its upcoming airdrop. LayerZero Foundation Launches Airdrop Eligibility Checker Users of LayerZero’s platform can…
The change in market sentiment helped Pepe’s price bounce back from critical support, starting a good recovery. With the price staying within the bullish range, it could continue to rise and potentially reach new highs above $0.000018. Pepe recently surged over 1200% to a new all-time high of $0.00001725 but then dropped by 40% to…
Shiba Inu (SHIB) has been highly volatile lately. Despite a correction in the broader cryptocurrency market, SHIB has faced even steeper declines, dropping by 10.24% to $0.00001767 in the past 24 hours. This downturn has disappointed many of its enthusiastic followers. Nonetheless, some analysts still hold optimism for SHIB’s future potential. Analyst Javon Marks Bullish…
On Tuesday, Nvidia became the world’s most valuable public company, surpassing Microsoft with a market cap of $3.34 trillion. Microsoft moved into second place ahead of Apple, which holds a market cap of $3.28 trillion. Nvidia’s shares surged due to high demand for its processors driving AI applications. On Tuesday, the stock hit a record…
Ethereum has successfully risen above and maintained its position above the critical resistance level of $3500, bolstered by positive news surrounding network developments. The ETH price is now steadily approaching a key target, potentially paving the way towards the next significant milestone at $4000. SEC Suspends Ethereum 2.0 Investigation: Cosensys Responds A significant victory for…
Pyth Network’s new pull oracle significantly enhances the reliability and data frequency of Solana’s DeFi ecosystem. Supporting over 500 price feeds, this oracle enables Solana protocols to access a wide range of data efficiently. The introduction of Pyth’s dual oracle system ensures a seamless transition, providing enhanced reliability and security for users within the Solana…
DJT, a new meme coin on the Solana (SOL) blockchain, has seen a sharp rise in trading volume and price. This surge is fueled by rumors claiming the token could be linked to former US President Donald Trump as an official cryptocurrency. If these rumors turn out to be true, it would mark a historic…
New projects and developments constantly emerge in the crypto world. This week, several projects are set to unveil major updates and events that could influence their market standings. Keep an eye on these top 5 crypto projects: Beercoin, Horizon Protocol, ArtFI, Chiliz, and Solana. Each has something noteworthy happening—let’s see what makes them stand out….
On Friday, June 14, Notcoin (NOT) saw a significant rally of nearly 20%, outperforming other meme coins despite declines in Bitcoin (BTC) and Ethereum (ETH) prices. This surge marked Notcoin’s strongest performance in recent weeks, reflecting positive momentum and potential growth in the cryptocurrency market. Notcoin (NOT) Surges on Exchange Listings and Trading Volume Growth…
Recent chart analysis at the Frankfurt Stock Exchange in Germany suggests that XRP could potentially surge by over 2,000% this year to reach $10. Oliver Michel, CEO of Tokentus Investment AG, conducted this analysis during an interview with a Der Aktionär reporter. The focus was on XRP’s expected performance in 2024 and the reasons for…
After a strong start in 2024 with the approval of spot Bitcoin ETFs, Bitcoin surged to a new all-time high of $74,000. However, its performance has been disappointing in Q2 following the bitcoin halving event. One of the main reasons for Bitcoin’s struggle is strong miner capitulation, which has prevented its price from surpassing the…
The recent drop pushed the price below the bullish range, starting a new downward trend. However, as selling pressure eases, the BOME price is expected to rise by 35% soon. As the weekend approaches, crypto traders are expecting increased market volatility. This anticipation has led to momentum in memecoins, with BOOK OF MEME (BOME) following…
American software technology company MicroStrategy has finalized the pricing for a new $700 million debt offering set to mature in 2032. The company intends to use the funds raised from this offering to buy additional Bitcoin, as part of its strategy to expand its holdings of the cryptocurrency in its corporate treasury. MicroStrategy Announces Upsized…
Kyle Doops from Crypto Banter’s analyst show currently leans 65% to 70% bullish on Bitcoin, suggesting confidence in continued market growth. The focus is on surpassing the month’s peak at $72,000. Achieving this could lead to further upward momentum in the market. Bitcoin’s Crucial 5-Day Candle and Market Outlook The current 5-day candle on Bitcoin’s…
The Central Bank of Kenya is updating the country’s payment systems law to enable it to issue licenses to fintech startups. Governor Kamau Thugge mentioned that the process of amending the law is nearing completion and expects it to be finalized soon. Central Bank of Kenya to License Fintech Startups The Central Bank of Kenya…
On June 13, crypto-focused venture capital firm Paradigm announced that it had raised $850 million for its third fund. This fund is aimed at supporting early-stage projects, showing Paradigm’s strong confidence in the transformative potential of the crypto industry. Paradigm’s $850 Million Fund and Crypto Market Rebound Paradigm has highlighted its strong belief in the…
Terraform Labs has decided to cease operations after reaching a $4.47 billion settlement with the SEC. As part of this decision, control of the Terra blockchain is being handed over to the community. Chris Amani, CEO of Terraform Labs, has stated that the company will shut down its operations after reaching a $4.47 billion settlement…
Taiwan has taken an important step in regulating the cryptocurrency sector by creating a new industry association. This move supports the government’s goal of increasing oversight and self-regulation in the industry. The Taiwan Virtual Asset Service Providers Association, established today with the guidance of the Financial Supervisory Commission (FSC), marks a significant milestone in the…
A Wall Street veteran predicts Bitcoin will sharply rise, driven by a unique mathematical pattern and growing ETF investments. They suggest Bitcoin could hit $400,000 by year-end and $600,000 by 2025, depending on market conditions. This bullish outlook is underpinned by the rising influx of funds into ETFs and is substantiated by a power law…
Notcoin has bounced back from a recent bearish period and is gaining momentum amidst a bullish turn in the global financial system. As optimism grows, the altcoin is approaching a critical resistance level. The surge in search queries about whether Notcoin will reach $0.01 and its investment potential indicates renewed interest among investors. If you’re…
Valeriya, a prominent crypto trader, believes Shiba Inu is set to surge by 1,000% this month. Despite facing challenges in the market downturn, Shiba Inu has managed to hold above the $0.000022 price level. Recently, it bottomed out at $0.00002112 in the past 24 hours but has since recovered slightly, trading at $0.00002207 at the…
The CEO of Galaxy Digital sees themed digital coins like Dogecoin, Shiba Inu, PepeCoin, and Dogwifhat as crucial for stabilizing the cryptocurrency sector. He believes these assets have established themselves in finance, citing tokens such as Shiba Inu and Dogecoin, which have gained strong support from large communities. Memecoins attract cryptocurrency investors due to their…
Coin Metrics reports rate meme coins as high risk due to their extreme volatility and vulnerability to market manipulation. Investors are cautioned against investing in these speculative digital assets. As meme coins gain popularity across global markets, reaching diverse audiences, it’s crucial to grasp the risks involved with these digital assets. On June 11, Coin…
Mudit Gupta from Polygon, a rival of zkSync, criticized the zkSync token airdrop, suggesting it could be heavily exploited by bots due to inadequate anti-bot measures. Ethereum’s zkSync, a layer-2 scaling solution using zero-knowledge proofs, has received criticism from crypto experts for its alleged failure to implement sufficient measures against Sybil attacks and for the…
In the past five days, the cryptocurrency market, including Bitcoin (BTC) and Ethereum (ETH), has seen significant declines. BTC and ETH both dropped in price by around 6% and 11% respectively during this period. Despite the downturn, whales, traders, and investors saw this as an opportunity. They withdrew a substantial amount of 14,140 Bitcoin, valued…
Whales’ movements in the cryptocurrency market have drawn significant attention, especially with a recent transfer of 3.76 million LDO tokens to Coinbase, marking a major transaction. However, these notable actions also underscore the volatility inherent in crypto investments, where significant gains and losses can occur swiftly. The recent movements in the cryptocurrency market have garnered considerable…
Former U.S. President Donald Trump has made cryptocurrencies a key part of his campaign for the upcoming presidential elections. He has promised to support Bitcoin (BTC) miners if he wins the presidency. On June 11, Trump met with several Bitcoin miners at his Mar-a-Lago resort in Palm Beach, Florida. According to Matthew Shultz, executive chairman…
Analysts from JPMorgan noted on Tuesday that the prevailing market expectation for the upcoming US election favors Trump winning the presidency, the GOP securing the Senate, and Democrats retaining control of the House. However, they caution that it’s too early to definitively predict the outcome, pointing out that a significant portion (70%) of analysts still…
Kitty Meme Coin is more than just a meme; it’s an emotion. Bold and brave, $KMC is ready to conquer the crypto world with the spirit of a leader. It stands tall, not just competing but setting a new standard. Kitty Meme Coin will partner with popular cat meme tokens to gain more popularity in…
Uniswap Labs’ recent acquisition of CTG sparked a rapid increase in the price of the UNI token. The acquisition is designed to integrate CTG’s interactive on-chain features with Uniswap’s platform. Collaborating closely, the founders of both Uniswap and CTG are focused on enhancing CTG’s upcoming season and introducing innovative crypto-experiences for users. Uniswap Labs Acquires…
After a period of bullish trends, the crypto market abruptly reversed course today, experiencing a significant crash. This downturn is attributed to ongoing political and economic changes across various countries. Despite recent stability following a recovery phase and positive US employment data from May, where the government reported adding 272,000 jobs—exceeding expectations—today’s decline appears influenced…
Elon Musk, CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday. This came after Apple announced a partnership with OpenAI. Musk expressed worries on his social media platform about the protection of users’ information by Apple and OpenAI. He criticized the software integration as “an unacceptable security violation” and…
Cardano is often labeled as passive or declining by some observers, and its ADA token price has struggled to make significant gains. Despite these perceptions, bullish developments persist for the platform. Cardano is gearing up for a significant upgrade with the upcoming Cardano Node 9.0 hard fork. This update is crucial as it paves the…
Wintermute’s transfer of $12 million worth of ARB tokens to Binance has sparked speculation of a potential price drop ahead of an upcoming ARB token unlock. This move by the prominent market maker has raised concerns among investors and analysts, who are closely monitoring ARB’s market performance. The timing of the transfer, coupled with the…
In a viral video on social media platform X, Tesla CEO Elon Musk mentioned the Solana meme coin, Dogwifhat (WIF), causing its price to surge. This offhand remark, made during a livestream, quickly gained traction and sent ripples through the crypto community. Despite a broader market downturn, Musk’s comment propelled the WIF price upwards. Elon…
IO.NET’s co-founder and CEO has resigned from his role amid significant controversy surrounding his conduct. The resignation of Ahmed Shadid, who held the CEO position, has sparked attention due to undisclosed issues within the company. Following Shadid’s departure, the responsibility for leading the DePIN project will transition to co-founder and COO Tory Green. Leadership Transition…
The Shiba Inu community is currently dealing with a serious issue involving fraudulent websites that aim to steal funds from SHIB holders. These scams pretend to be wallet connection tools and trick users into connecting their wallets, posing a significant threat to unsuspecting holders. In response, Shibarmy Scam Alerts, a dedicated handle on X, has…
Kraken Pro has listed DOGE/GBP and DOGE/AUD pairs to boost global trading. This has led to increased activity among large Dogecoin holders, with over 150 transactions exceeding $1 million. Kraken Pro has added a new trading pair, DOGE/GBP, to its platform. This follows the recent introduction of the DOGE/AUD pair, showing Kraken Pro’s commitment to…
Cardano has seen a notable 9% price decline in the past 24 hours, with market indicators pointing towards potential further decreases. This downturn comes after a recent significant increase, underscoring the cryptocurrency’s inherent volatility in the market. Keep track of Cardano’s price fluctuations amidst ongoing development efforts and market changes to stay informed with the…
Binance has reached 200 million users, highlighting the growing global interest in digital assets despite regulatory challenges. Strategic expansion and blockchain education efforts have fueled Binance’s growth, doubling its user base in recent years. Additionally, Bitcoin’s price surge and the SEC’s approval of spot Bitcoin ETFs have driven institutional interest, further boosting crypto adoption and…
Discover the potential for exponential growth and substantial returns with Solana meme coins Myro (MYRO), Jeo Boden (BODEN), and Book of Memes (BOME). These tokens are gaining attention in the crypto community for their promising performance and the possibility of lucrative returns amidst the volatile market conditions. BOME’s recent price surge solidifies its standing within…
In a recent video, cryptocurrency analyst Altcoin Buzz talked about the “moon effect” that happens with Binance listings. He explained that when a coin gets listed on Binance, it often sees a huge price increase. For example, Rocket Pool surged 433%, and Pepe surged 1,345% after their Binance listings. A Binance listing shows that a…
VeChain and Revolut have announced a bullish partnership expected to boost VET and VTHO prices. Both tokens, which are VeChain’s native assets, are now listed on Revolut, a prominent fintech platform. The VeChain community anticipates significant price increases for VET and VTHO in response to this development. VeChain and Revolut Partnership: Driving Growth in Cryptocurrency…
During a downturn in the crypto market, Nascent Ventures strategically acquired 447.67 billion PEPE tokens, showing confidence in PEPE’s future potential despite fluctuations in its price. Venture capital firm Nascent bought 447.67 billion PEPE tokens for $5.48 million during a market downturn, implementing a “buy the dip” strategy. This move aims to strengthen PEPE’s role…
Bitcoin has climbed above $71,000, boasting a market cap exceeding $1.4 trillion. The cryptocurrency shows promise for more gains, fueled by low trader anxiety (FOMO) and a steady RSI around 60. A decrease in BTC exchange netflow indicates fewer sales pressures as investors opt for self-custody, signaling optimism in the market’s direction. Reasons Bitcoin’s Bull…
If GameStop opens at its current after-hours price, Roaring Kitty’s holdings would be worth about $1 billion. Keith Gill, a stock trader famous for the GameStop short squeeze in 2021, is on his way to becoming a billionaire as GME shares continue to rise. Known online as “Roaring Kitty” and “DeepFuckingValue,” Gill revealed on June…
Kraken is reportedly planning to secure $100 million in a final funding round before its Initial Public Offering (IPO), according to Bloomberg. This move comes as cryptocurrency prices surge, with Bitcoin reaching record highs above $73,000. The exchange has attracted interest from investors amidst the market rally, prompting discussions about the pre-IPO funding round. Kraken…
Shiba Inu (SHIB) spiked above $0.000026 as large investors, known as whales, bought trillions of SHIB in an apparent buying spree. SHIB reached an intraday high of $0.00002627 after rising 7% from the previous day’s low of $0.00002453. However, this increase was short-lived, and SHIB is now trading at $0.00002551. This rise in SHIB’s value…
FLOKI emerged as a notable meme coin back in March and has recently surged out of an upward pattern, generating profits for investors and garnering considerable interest. There is optimism that this trend could persist, leading to potential new highs in the near future. However, there are indications that bearish sentiment is entering FLOKI, which…