UNI whales appear to be in distress as they engage in offloading tokens after Uniswap revealed receiving a notice from the US Securities and Exchange Commission (SEC) that it plans to pursue an enforcement action. Following the development, UNI’s price tumbled to $9.27, extending its monthly losses to over 35%. UNI Whales Sell Tokens The...Read More
Ripple (XRP) Price Analysis Although the XRP price has been maintaining sluggish behaviour, the trend in the long term remains largely bullish. The price has been forming constant higher highs and lows, indicating the growing strength among the bulls. While the short-term prospects display no major variation, the HTF trade set-up displays a huge possibility...Read More
[PRESS RELEASE – DUBAI, UAE, April 11th, 2024] The second installment of BNB Chain’s 2024 Hackathon features a US$470,000 prize pool and the theme of ‘Coding the Future’ Quarterly sponsors of the hackathon include Baby Doge and Holoworld AI BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced...Read More
Grayscale Bitcoin Trust (GBTC) recorded its lowest net outflow of $17.5 million for the first time since its conversion to a spot Bitcoin exchange-traded fund (ETF) on Wednesday, according to Farside Investors data. This follows a statement by Grayscale Investments CEO Michael Sonnenshein that the company’s fund is close to a point of “equilibrium” regarding...Read More
[PRESS RELEASE – Berlin, Germany, April 11th, 2024] Nektar Network – the multilayered Re-staking network is designed to optimize Ethereum’s security model while scaling distributed solutions, paving the way for more decentralized infrastructure. The team behind Diva Staking unveils the Nektar Network, a pioneering restaking ecosystem poised to redefine the Ethereum trust model and extend...Read More
[PRESS RELEASE – Lugano, Switzerland, April 11th, 2024] Hypercube.eco launched its Wateract Token on BitMart.com, a move signaling the start of broader exchange listings. Introducing Wateract, a utility token that utilizes water, the planet’s most vital resource, amongst the changing trends in digital currencies. With this project, Hypercube takes the lead in regenerative tokenization and...Read More
Grayscale CEO Michael Sonnenshein predicted that outflows from the Grayscale Bitcoin exchange-traded fund (GBTC) will stabilize and reach an equilibrium. Grayscale has been facing stiff competition in the spot Bitcoin exchange-traded fund (ETF) market since January, when the U.S. Securities and Exchange Commission (SEC) approved the product. Grayscale CEO Sees Outflows Reducing According to Sonnenshein,...Read More
The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC...Read More
Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official...Read More
[PRESS RELEASE – Dubai, UAE, April 10th, 2024] In the dynamic world of cryptocurrency investing, opportunities for success can arise when least expected. The market is currently observing an impressive surge in Healix Protocol’s HLX Token Presale alongside Ethereum’s notable 5.36% gain over the past week. Ethereum, the second-largest cryptocurrency by market capitalization, has experienced...Read More
The team behind the Wilder World metaverse has entered a partnership with technology giant Samsung to bring its multiplayer virtual world to a wider audience through the company’s smart TVs. According to an announcement sent to CryptoPotato, the collaboration will leverage Samsung’s extensive distribution network to introduce Wilder World to millions of households. Wilder World...Read More
Some of the altcoins are displaying magnificent strength, while the market participants have not been talking about them yet. While the prices appear to be at the foothills of an explosion, it would be interesting to watch whether the bullish streak could persist until the end of the month. BinanceCoin (BNB) Price Analysis BinanceCoin’s price...Read More
Though Bitcoin (BTC) spot ETFs launched by BlackRock and others have been all the rage in crypto, there’s a slightly older Bitcoin fund that’s also seen exponential gains in the past few months. The 2X Bitcoin Strategy ETF (BITX) has quadrupled its Bitcoin exposure since January, now reigning as one of the largest Bitcoin futures...Read More
[PRESS RELEASE – Los Angeles, United States, April 10th, 2024] Innovative Web3 Social Platform Tomo Partners with Industry Leaders, Reinventing Social Media Monetization and Engagement Tomo, an all-in-one Web3 social app, announces the successful closure of its Seed round funding led by Polychain Capital. Industry leaders like Consensys, Symbolic Capital, OKX Ventures, Nomad Capital, Story...Read More
[PRESS RELEASE – New York, USA, April 10th, 2024] In a significant strategic move, Zebec Protocol and its ZBC token have transitioned to a new name The Zebec Network and corresponding ZBCN token ticker to better represent the business’s expanded product portfolio and the robust infrastructure network that underpins it. ZBCN to start trading on exchanges...Read More
Price fluctuations for Bitcoin and the entire crypto market propelled by US CPI announcements had disappeared in recent months, but that trend changed earlier today. After the world’s largest economy showed a higher-than-expected inflation increase, BTC went on a wild ride in hours, leaving nearly $300 million in liquidations. The Consumer Price Index for March...Read More
[PRESS RELEASE – San Jose, Costa RIca, April 10th, 2024] Texas HODL is set to redefine the online poker arena by integrating the Bitcoin Lightning Network, marking a new era of fast, secure, and user-centric gaming experiences. Texas HODL offers poker enthusiasts a seamless way to play and transact, backed by the TEX token economy....Read More
Bitcoin continued to be choppy as its price briefly dipped below $69,000. What followed was panic from market players. However, data suggest that this sentiment could potentially prove beneficial for a much-needed rebound in Bitcoin’s price. Buying Opportunities Emerge Bitcoin surged to a record peak above $73,700 on March 14, driven by heightened purchasing activity...Read More
On April 10, the Hong Kong Securities and Futures Commission (SFC) updated its virtual asset management fund company list. According to Tencent News, the SFC will reveal Hong Kong’s first spot Bitcoin ETFs on April 15, and the Hong Kong Stock Exchange will need two weeks to prepare for their release. Harvest International and China...Read More
[PRESS RELEASE – Paris, France, April 10th, 2024] Sui Basecamp, the inaugural global conference for the Sui ecosystem opened its doors today in Paris, welcoming developers and entrepreneurs from around the world as they celebrate Paris Blockchain Week. A two-day event across two venues, Sui Basecamp features speakers across web2 and web3, spanning industry verticals...Read More
Shiba Eternity, the highly anticipated collectible card game on the Shibarium blockchain, is poised for launch, as announced by Shiba Inu Developer Mazrael, who added that performance improvements were made alongside bug fixes. Players can earn TREAT —one of the many coins from the Shibarium ecosystems along BONE and SHIB — for participating in battles....Read More
The boss of America’s largest crypto mining firm, Marathon, said that spot Bitcoin ETF approvals had brought forward what would otherwise have been the post-halving rally. “I think the ETF approval, which has been a huge success, has attracted capital into the market and essentially brought forward what could have been the price appreciation we...Read More
[PRESS RELEASE – Dubai, UAE, April 9th, 2024] The new generation launchpad, Raiser.co, has signed on a partnership with MetalCore, to allow quest based access to the beta version of their upcoming web3 game. This partnership introduces a new approach for early adopters looking to gain beta access to upcoming web3 games. Instead of the...Read More
The United States Securities and Exchange Commission (SEC) has postponed its decision on the New York Stock Exchange’s proposal to introduce option trading on spot Bitcoin exchange-traded funds (ETFs). Grayscale Bitcoin Trust and Bitwise Bitcoin ETF are directly affected since they hold BTC on the NYSE. SEC Delays Decision on Spot BTC ETF Options Trading...Read More
U.S. Bitcoin spot ETFs have absorbed $12.3 billion of net inflows since launching three months ago. Just how much have they impacted the broader Bitcoin market? Lead Glassnode analyst James Check provided analysis on Wednesday measuring the effect of Bitcoin ETFs next to the asset’s existing futures and spot markets – using on-chain data. Grayscale...Read More
The core technical team behind the Filecoin-based STFIL protocol said that they are under investigation by Chinese authorities. Over the past couple of days, there have been unforeseen updates to the protocol, along with funds transfers to different addresses. Mysterious Token Transfers and Upgrades The news came out in a public post by STFIL Protocol...Read More
Fintech company Circle has announced support for Web3 services on the Layer 1 blockchain network, Solana. Circle said that the latest move highlighted the growing significance of stablecoins such as USDC in aiding a more inclusive financial landscape. The company aims to facilitate accessibility to USDC for both enterprises and developers while emphasizing the importance...Read More
Richard Teng, CEO of the world’s largest cryptocurrency exchange, Binance, believes the trading giant is past the cultural issues after it settled criminal charges from the United States Department of Justice (DOJ) with a $4.3 billion fine. During an interview with CNBC, Teng said Binance had moved past the early stage of its development, where...Read More
[PRESS RELEASE – Vilnius, Lithuania, April 9th, 2024] Godlenfish, also known as $GODLEN, is a new meme token inspired by the themes of luck and positive sentiment. It aims to differentiate itself within the digital currency space by leveraging the technical benefits of the Solana blockchain, which is known for its speed, scalability, and security....Read More
[PRESS RELEASE – San Fransico, California, April 9th, 2024] Algotech (ALGT) has emerged in the limelight again with the milestone of raising $500,000 in a single day during its ongoing presale. In less than four weeks of the current presale, Algotech has raised over $3.5 million. Algotech’s Journey Algotech was launched as an initiative by...Read More
