[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
For the first time in history, a cryptocurrency firm has used blockchain technology to select an athlete for a brand ambassador sponsorship deal. According to a press release sent to CryptoPotato, the Polkadot community just passed a vote to sponsor IndyCar racing star Conor Daly as Polkadot brand ambassador for the upcoming Indianapolis 500, an...Read More
Several sectors within the crypto market are seeing a resurgence. AI and Big Data, Liquid Staking, and DeFi projects managed to secure the most gains in the past week. According to their weekly returns, artificial intelligence (AI) and Big Data, which comprised 100 projects, topped the chart with a strong performance and a notable increase...Read More
Ethereum may have lagged behind its peer altcoins this bull season, but its rebound has been swift. Over the past week, ETH has climbed by nearly 10%, pushing its price above $3,600. In fact, LunarCrush’s latest analysis indicates that Ethereum is displaying “ultra strong” activity and even outshining numerous other assets in the market. Renewed...Read More
[PRESS RELEASE – London, United Kingdom, April 9th, 2024] NeuroMesh (nmesh.io), a trailblazer in artificial intelligence, announces the rollout of its distributed AI training protocol, poised to revolutionize global access and collaboration in AI development. Embracing DePIN’s decentralized framework, NeuroMesh bridges the gaps between the demand for training large AI models and distributed GPUs. This...Read More
[PRESS RELEASE – Dubai, UAE, April 9th, 2024] Landrocker, an upcoming play-to-earn (P2E) game that combines the thrill of space exploration and multiplayer battles with the opportunity to earn rewards, has successfully raised $2.5 million through its seed and presale funding rounds. With only four rounds remaining until the completion of its presale, Landrocker is...Read More
As the cryptocurrency community gears up for the highly anticipated Bitcoin halving around April 20, opinions are divided on its immediate and long-term impact. In a recent blog post, Arthur Hayes expressed his belief that while the halving might eventually pump prices in the medium term, the asset could slump both before and after the...Read More
DOGE’s price has been consolidating within a narrow trading range, around $0.20. This is a crucial psychological level that the asset surpassed two weeks ago. The last time DOGE was priced above this level was in November 2021. In terms of metrics, DOGE is throwing mixed numbers. The price on the monthly scale is up...Read More
Monday, April 8, saw an aggregate outflow of $224 million from the newly launched eleven spot Bitcoin ETFs, according to preliminary data from Farside Investors. This reverses four days of inflows, during which a total net of $570 million flowed into the institutional investment products. This week’s outflow was again exacerbated by Grayscale, which saw...Read More
Polkadot appears to be bustling with activity, which is evident from the record-breaking number of active addresses on the blockchain and other metrics that depicted a bullish case. According to the latest stats by ‘Parity Data,’ Polkadot accumulated over 605,200 active addresses. Nearly half of them, around 248,000 out of 605,000, are associated with Moonbeam,...Read More
With the broader market resurgence, digital assets investment products also maintained their upward trend. According to CoinShares’ latest data, inflows reached $646 million last week. As a result, year-to-date inflows have reached an all-time high of $13.8 billion, significantly surpassing the $10.6 billion recorded in 2021. ETF Hype Slows Down The new feat comes after...Read More
Following in the footsteps of Michael Saylor, yet another publicly traded company has decided to make Bitcoin its savings vehicle of choice. Metaplanet, an investment and consulting company listed on the Tokyo Stock Exchange, announced on Monday that it has purchased 1 billion JPY ($6.5 million USD) worth of Bitcoin for its corporate treasury. Metaplanet’s...Read More
DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The protocol tops up investor returns through market-making yield, spreading investors’ assets across multiple pre-defined protocols. Yield On Top Of Yield Market making is when DeFi users provide liquidity to decentralized...Read More
Chinese mainland-based equity funds are reported to have filed applications to introduce spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. The development comes amid a month-long surge in crypto prices and heightened efforts by Hong Kong to establish itself as a global fintech hub. China Equity Funds Apply for Bitcoin ETFs According to...Read More
