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…
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 And Ethereum Prices Are Recovering Again, But Will The US-Israel War Derail It? NewThe Bitcoin and Ethereum prices plunged sharply over the weekend as missiles flew across the Middle East, exposing just how quickly geopolitical crises can send shockwaves through the financial markets. A joint US and Israel strike on Iran triggered a violent selloff that wiped out billions of dollars from the crypto market in a matter…
XRP’s Moment: Strait Of Hormuz Chaos Could Trigger Ripple’s New Financial Era — Here’s How NewRising tensions around the Strait of Hormuz, one of the world’s most critical oil chokepoints, have sent shockwaves through global markets, driving oil price volatility, rattling currencies, and exposing vulnerabilities in cross-border trade flows. The Strait of Hormuz chaos could spark the XRP moment, and Ripple’s new financial era has ignited amid global oil turmoil. …
XRP Price About To Enter ‘Face-Melting Phase’, And The Target Is $27 NewRecent commentary from crypto analyst Egragcrypto has stirred fresh debate around the XRP price’s long-term trajectory. In a recent X post, the analyst pointed to a potential high-volatility phase ahead, suggesting that even a short-term drop could set the stage for a powerful rally. His chart outlines both risk and opportunity, framing the coming period…
What Happens To The XRP Price If It Follows The Amazon Trend And Begins Parabola NewTechnical analysis of XRP’s current price action has presented an interesting structural comparison to Amazon that could lead to an upside cycle stretch for the cryptocurrency. The comparison focuses on structure and symmetry between XRP’s current price action and how Amazon’s stock price played out after it broke a resistance. The implications for price would…
Bitcoin Sentiment On Wall Street Has Turned Negative, Galaxy’s Thorn Says NewWall Street’s attitude toward Bitcoin has flipped from euphoric to deeply skeptical after last year’s crowded long trade unraveled, according to Galaxy Digital head of research Alex Thorn. In an interview on What Bitcoin Did, Thorn said the shift has less to do with conspiracy theories or a single bearish catalyst than with exhausted demand,…
CMT-Certified Expert Flags Bitcoin Buy Signal, Is It Time To Go All In On BTC? NewAn important long-term technical signal is still flashing bullish as Bitcoin approaches an important point on the higher timeframe charts. According to CMT-certified analyst Tony Severino, the monthly SuperTrend indicator for BTCUSD has held support and is yet to display an active sell signal, even with recent market dynamics leading to contention as to whether the…
Blood Moon Affecting Bitcoin Price? Why A Surge Above $100,000 Could Be Coming NewCrypto analyst Pure has indicated that the blood moon could be having an impact on the trajectory of the Bitcoin price. The analyst drew attention to historical trends, suggesting this might be the case and that a rally above $100,000 may be on the cards. A Bitcoin Price Rally Above $100,000 May Be On The…
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…
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,…
Price predictions 3/2: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA NewBitcoin’s return to the $70,000 level proves that buyers are absorbing the bulk of selling, but analysts warn that traders should be patient due to market bottoms taking months to form.
Northern Trust enters tokenized Treasurys fund market with new share class NewThe US-based asset manager debuts a blockchain-enabled structure for its liquidity fund as onchain US Treasurys exposure nears $11 billion.
Bitcoin holders show 'zero panic' as BTC hits $70K amid Middle East tensions NewBitcoin short-term holder losses were minimal over the weekend, and the Monday rally to $70,000 suggests the heaviest selling is done. Will Bitcoin finally break the monthly resistance?
Turkey’s ruling party proposes 10% crypto income tax NewUnder the proposed law, Turkey’s president would be allowed to change the income tax rate on digital assets from zero to up to 20%.
Bitcoin nears $70K as PMI boost sees BTC price leave Iran woes behind NewBitcoin price strength received a surprise bullish catalyst from US manufacturing data, helping to relieve tensions over Iran as US stocks floundered.
ProCap boosts Bitcoin holdings to 5,457 BTC, aims to narrow NAV discount NewThe Bitcoin treasury company repurchased 782,000 shares below NAV as it increases Bitcoin exposure and works to close the gap between market price and asset value.
XRP faces $650M sell risk as charts hint at prices below $1 NewXRP’s weakening technical setup suggests a drop below $1 could be in the cards over the next few weeks as supply rises on exchanges.