Dexalot Launches First Central Limit Order Book Subnet on Avalanche with $1M+ in IncentivesDexalot’s novel infrastructure enables users to access a decentralized trading protocol with a centralized exchange experience.Dexalot, a decentralized cryptocurrency exchange has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.The Dexalot Subnet aims to replicate the user experience of a centralized exchange (CEX) without compromising on decentralization and…
Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized…Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized Finance MarketIntainMARKETS’ Subnet Facilitates Efficient, Cost Effective, and Transparent End-to-End Asset Issuance, Investment, and Administration.Intain Inc., a leading structured finance platform, has launched IntainMARKETS, a marketplace for tokenized asset-backed securities built as an Avalanche Subnet. By launching as a Subnet, IntainMARKETS aims to…
Avalanche Explorer Gets a Brand New Upgrade for All P-Chain DataThe new tool pulls up-to-the-second data on validators, rewards, Subnets, and more.Ava Labs has launched a brand new explorer for Avalanche’s P-Chain, providing deeper visibility into all P-Chain activities from staking to granular transaction details. As one of three main chains in Avalanche’s Primary Network, the P-Chain maintains validators and empowers builders to launch Subnets. The…
Avalanche Park X Ed Balloon Concert Series to Launch in DTLA in February with Emerging NFT ArtistsThe inaugural event offers a new way to experience music through Web3, giving fans NFT-gated access benefits and digitally stamping music on Avalanche.On February 23 in Downtown Los Angeles, the Avalanche Park x Ed Balloon concert series will open with a show at WisdomeLA, an immersive art and entertainment park that has geodesic domes with…
Developer Spotlight: Usman Asim has Big Plans for Rust and ZKs on AvalancheThe Chainstack Dev plans to run his own dApp on the VM once production-ready, ideally on an Avalanche Subnet.The tech Usman Asim needed for his dApp didn’t quite exist. He had a big idea, but also a problem set without a clear solution.He needed a blockchain with leading speed, decentralization, and flexibility. He needed the…
Bitcoin Takes Step Towards Quantum Fix as Experts Diverge on Urgency of Threat NewBitcoin developers lay the groundwork for post-quantum upgrades, but experts vary on whether the threat is years or decades away.
Can Meme Coins Power a Senate Bid? Virginia’s Mark Moran Says YesMark Moran is using a meme coin on Solana to elevate his U.S. Senate bid, rallying degens against a pro-crypto Democrat in Virginia.
Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': AnalystsDespite its 45% fall since its October peak, Bitcoin has not yet found its bear market bottom, according to a new report from CryptoQuant.
Publicly Traded Blockchain Lender Figure Confirms Customer Data BreachBlockchain lender Figure said hackers accessed customer data after an employee was targeted in a social engineering attack.
Trump Media Files to Launch Truth Social-Branded Bitcoin, Ethereum, Cronos ETFsTruth Social Funds applied for ETFs that would give investors exposure to crypto—one focused on Bitcoin and Ethereum, the other on Cronos.
Clarity Act Passage Would 'Comfort' Markets Amid Bitcoin Volatility: Treasury Secretary BessentU.S. Treasury Secretary Scott Bessent suggested that the crypto market would be calmed by the passage of the Clarity Act.
Bitcoin Bounces to $69K, But Charts Are Still Bearish: AnalysisBitcoin's rebound from $60K lows may be a dead cat bounce, as the daily charts scream caution and prediction markets price in more pain.
Nigeria SEC declares Binance operations in country illegalThe Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal
OECD introduces tax reporting framework for crypto industryOECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8
Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tankingChicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase
Ethereum futures liquidations soar to 1-month high on OKXThe number of ethereum (ETH) futures contracts liquidated by OKX, a crypto trading platform, is at a 1-month high
DappRadar report: blockchain gaming revenue rose in May as investment soar to $476 millionBlockchain gaming revenue rose 6% in May 2022 despite a contraction in crypto prices. Investment also reached $476 million, data from DappRadar shows
Binance CEO comments on rumors behind crypto market volatilityChangpeng Zhao, the Binance CEO, has commented on recent comments attempting to explain rapid crypto price movements following SEC's lawsuit
AI pioneers, SingularityNET and InQubeta, can be game-changersInQubeta and SingularityNET are AI pioneers and crypto analysts are confident they can be game-changers. The QUBE presale is ongoing and has raised over $340,000
Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes NewThe Bitcoin price remains in a fragile phase in its broader market structure, alternating between recovery attempts and lingering macro uncertainty. Structurally, the market is in a transitional state, as it leaves euphoric expansion but is not yet fully in capitulation. Ultimately, current price action reflects a tug of war between long-term conviction holders and…
XRP Spotlighted In German Media With Bold $9 Projection NewXRP has edged back above $1.40 after weeks of uneven trading, but some investors believe the quiet recovery could be the start of a longer story. Related Reading: Urgent Crypto Reform: Treasury Secretary Says The Clock Is Ticking The token was changing hands near $1.43 at last check, still far from past highs. While the…
Bitcoin Sees Largest Shorts Liquidation Event Since 2024 — What Happened? NewAs the Bitcoin price tumbled in the past few weeks, several investors are increasingly building short positions against the premier cryptocurrency. A recent analysis predicted an impending short squeeze, as the funding rates plunged to new lows. According to the latest on-chain data, this short squeeze not only happened; it occurred at a rate not…
Memecoin Market May Be Breaking Down, Santiment Warns NewMemecoins have taken a beating recently, and what looks like a rout may be closer to a turning point than many traders expect. Related Reading: XRP Set To Dethrone Bitcoin Within 6 Years, Entrepreneur Says Santiment said the sector is showing a classic capitulation signal: widespread talk that meme tokens are “dead” can sometimes mark…
Solana Funding Rates Hit 17-Day Negative Streak — What This Means For Price NewSolana (SOL) has been significantly affected by the bear market, reporting a price loss of 37.38% in the last 30 days alone. Despite the late price relief seen last week, the altcoin remains about 70% off its all-time high, reflecting the dominant selling activity of recent months. Notably, funding rates data suggest traders are yet…
Bitcoin Historical Data Offers Clues On Potential Market Reversal – Details NewPseudonymous market analyst CoinNiel has shared potential insights on Bitcoin’s future using inferences from a combination of market cycle signals. The premier cryptocurrency presently trades around $69,000 after successfully retesting the $70,000 resistance for the third time in February. Bitcoin appears to be undergoing consolidation following the aggressive sell-off seen in late January/early February, where prices…
Urgent Crypto Reform: Treasury Secretary Says The Clock Is Ticking NewUS Treasury Secretary Scott Bessent told CNBC that Congress should move fast on the Clarity Act to give investors and companies a firmer sense of what counts as allowed activity in crypto markets. He argued that clearer rules would calm the recent swings traders have seen and help restore confidence. Related Reading: XRP Set To…
Tether stops fighting freedom of information request, allows disclosure of reserve dataStablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. The stablecoin firm…
BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdingsBlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing…
Texas regulator says Abra secretly moved funds to Binance, has been insolvent for monthsThe Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. The regulator said Abra made misleading statements by suggesting it was…
Binance.US reportedly cuts 50 staff following SEC chargesBinance.US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments., Reuters reported June 15. Two Binance.US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. Binance.US has not officially announced the staff cuts.…
Do Kwon’s detention extended six months by Montenegrin courtA Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents. He faces…
Prosecutors withdraw 5 charges against Sam Bankman-Fried to ensure trial proceeds on scheduleDisgraced FTX founder Sam Bankman-Fried’s attempt to strike some of the accusations from his charge sheet may have backfired after prosecutors requested the court “sever” five of the newer charges from the case. New York federal prosecutors made the request in a letter addressed to presiding Judge Lewis Kaplan filed on June 15. The withdrawn…
Marathon Digital issues fraudulent activity alert over fake Russian stock certificates and other related scamsMarathon Digital Holdings has issued a public warning about fraudulent activities conducted under its brand name, disclosing in a June 15 press release that it had detected a series of fraudulent websites, apps, and communications falsely claiming to be associated with Marathon. According to Marathon, such fraudulent activities include deceptive communications by individuals pretending to be…
Silver Mining Stocks Poised for Growth as Precious Metals Stabilize at Record Highs NewTLDR: Silver trading at $78 per ounce establishes new range between $70-$90 after climbing from $30 in 2025. Mining profit margins expand significantly with production costs at $15-$25/oz for silver, $1,500-$2,000/oz for gold. Aya Gold & Silver’s Boumadine project will increase output sixfold to 36 million silver-equivalent ounces by 2030. Silver X Mining plans to…
AI Bubble Warning: Analyst Predicts 2026 Crisis as Industry Burns $400B Annually NewTLDR: AI industry currently spends $400 billion per year while generating only $50-60 billion in revenue annually. Debt-based financing distinguishes current AI boom from dot-com bubble, creating potential systemic risks. Circular funding patterns keep revenue within AI ecosystem without generating actual profits for businesses. Power grid limitations delay data center construction, pushing revenue timelines further…
Dogecoin Dominates as Memecoins Surge Past Bitcoin in Risk-On Trading Frenzy NewTLDR: Dogecoin recorded the highest trading volume among all memecoins during the recent rally phase. Memecoins outperformed Bitcoin significantly before entering correction while BTC remained stable. Historical cycles show Dogecoin surged 95x and 310x in past rallies with third cycle developing. The memecoin index tracks twelve tokens showing aggressive capital rotation into speculative assets. …
Bitcoin Below $70K: Analyst Claims Derivatives Market Has Replaced On-Chain Price Discovery NewTLDR: Bitcoin’s hard cap of 21 million coins no longer controls price due to unlimited synthetic derivatives exposure Single Bitcoin can back multiple financial instruments simultaneously, creating fractional-reserve dynamics Wall Street institutions manufacture inventory through cash-settled futures and perpetual swaps to control markets Price discovery shifted from blockchain fundamentals to derivative positioning and liquidation flow…
Virginia Crypto ATM Regulation Bill Awaits Governor’s Signature After Legislative Approval NewTLDR: Virginia’s crypto kiosk bill passed both legislative chambers and now awaits the governor’s final signature. New regulations impose 48-hour holds for first-time users to prevent fraud and enable transaction reversals. Approximately 7% of crypto kiosk transactions involve fraud, prompting proactive regulatory intervention efforts. Operators cannot market crypto kiosks as ATMs under the bill, addressing…
Bitcoin’s $78K Realized Price Emerges as Make-or-Break Level for Market Recovery NewTLDR: Bitcoin currently trades below $78K, the realized price representing active addresses’ cost basis. Holding below this level places frequent traders underwater, shifting behavior from buying to selling. Sustained reclaim above $78K would return active participants to profit and reduce supply pressure. Failure to break resistance increases the probability of decline toward $50K long-term holder…
Morgan Stanley Hiring Blockchain Engineers to Integrate Ethereum, Polygon, Canton, and Hyperledger NewTLDR: The blockchain engineer role integrates Ethereum, Polygon, Hyperledger, and Canton. Multi-chain strategy balances public liquidity with enterprise-grade compliance. Role focuses on interoperability, secure APIs, and internal orchestration layers. Compensation reaches $150,000, reflecting strategic blockchain talent investment. Morgan Stanley is building a multi-chain blockchain infrastructure integrating Ethereum, Polygon, Hyperledger, and Canton, with engineers earning…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
How These Whitehat Hackers Helped Oasis Network Get Back $140 Million In Stolen CryptoAccording to a recent announcement by Oasis Network on February 24th, the decentralized finance (DeFi) platform had collaborated with whitehat hackers to recover funds that had been stolen from Solana’s Wormhole bridge. On February 2nd, Wormhole had been hacked, and it was estimated that around $326 million worth of cryptocurrency had been stolen, with the…
BRICS to Promote National Currencies Before Issuing Common OneThe BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of…
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister SaysCryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions…
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With ChinaBRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade. Economic Clash With West Requires Discarding Dollar, BRICS…
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad Poor Dad, Robert…
Russian Official Expects Agreement on BRICS Currency This YearThe chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of…
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market CapPepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99%…
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates,…
Silver Mining Stocks Poised for Growth as Precious Metals Stabilize at Record HighsTLDR: Silver trading at $78 per ounce establishes new range between $70-$90 after climbing from $30 in 2025. Mining profit margins expand significantly with production costs at $15-$25/oz for silver, $1,500-$2,000/oz for gold. Aya Gold & Silver’s Boumadine project will increase output sixfold to 36 million silver-equivalent ounces by 2030. Silver X Mining plans to…
AI Bubble Warning: Analyst Predicts 2026 Crisis as Industry Burns $400B AnnuallyTLDR: AI industry currently spends $400 billion per year while generating only $50-60 billion in revenue annually. Debt-based financing distinguishes current AI boom from dot-com bubble, creating potential systemic risks. Circular funding patterns keep revenue within AI ecosystem without generating actual profits for businesses. Power grid limitations delay data center construction, pushing revenue timelines further…
Dogecoin Dominates as Memecoins Surge Past Bitcoin in Risk-On Trading FrenzyTLDR: Dogecoin recorded the highest trading volume among all memecoins during the recent rally phase. Memecoins outperformed Bitcoin significantly before entering correction while BTC remained stable. Historical cycles show Dogecoin surged 95x and 310x in past rallies with third cycle developing. The memecoin index tracks twelve tokens showing aggressive capital rotation into speculative assets. …
Bitcoin Below $70K: Analyst Claims Derivatives Market Has Replaced On-Chain Price DiscoveryTLDR: Bitcoin’s hard cap of 21 million coins no longer controls price due to unlimited synthetic derivatives exposure Single Bitcoin can back multiple financial instruments simultaneously, creating fractional-reserve dynamics Wall Street institutions manufacture inventory through cash-settled futures and perpetual swaps to control markets Price discovery shifted from blockchain fundamentals to derivative positioning and liquidation flow…
Virginia Crypto ATM Regulation Bill Awaits Governor’s Signature After Legislative ApprovalTLDR: Virginia’s crypto kiosk bill passed both legislative chambers and now awaits the governor’s final signature. New regulations impose 48-hour holds for first-time users to prevent fraud and enable transaction reversals. Approximately 7% of crypto kiosk transactions involve fraud, prompting proactive regulatory intervention efforts. Operators cannot market crypto kiosks as ATMs under the bill, addressing…
Bitcoin’s $78K Realized Price Emerges as Make-or-Break Level for Market RecoveryTLDR: Bitcoin currently trades below $78K, the realized price representing active addresses’ cost basis. Holding below this level places frequent traders underwater, shifting behavior from buying to selling. Sustained reclaim above $78K would return active participants to profit and reduce supply pressure. Failure to break resistance increases the probability of decline toward $50K long-term holder…
Michael Saylor signals another Bitcoin buy amid market routThe purchase will mark week 12 of consecutive buys by Strategy, which continues accumulating BTC despite a sharp decline in the company's stock price.