According to data provided by Glassnode, long-term holders currently hold almost 14.5M bitcoin (BTC). LTHs have been on a gradual accumulation spree in the past year and a half despite the prolonged bear market. Blockchain analytics firm CryptoQuant has recently revealed that institutional investors (hedge funds, pension funds, commercial banks, insurance companies, and more) have also shown an increasing appetite for holding the primary cryptocurrency in the long run. So...
Read More »New Crypto Shiba Memu Plans To Be an Unstoppable Marketing Powerhouse
Shiba Memu’s machine-learning marketing capabilities make it stand out from the pack of other meme coins in the crypto market. Early whispers suggest that it could become one of the most exciting meme coin in Web3, thanks to its doggone impressive in-built ability to promote itself, learn from its successes, and improve its AI marketing protocol over time. Meme coins always rely on their marketing campaigns to attract investors, so SHMU’s impressive self-promoting...
Read More »Understanding Crypto Liquidity Crisis Triggered by SEC’s Enforcement Actions: Report
The SEC’s subsequent enforcement actions, first against Ripple and XRP, followed by Binance and Coinbase, have contributed to the sufferings of other crypto exchanges from a liquidity standpoint. There has been a major shift in the CEX landscape that has already faced challenges following the FTX implosion. A new report suggested that a slow recovery in liquidity appears to have haunted the second quarter. Kraken: An Outlier The blockchain data provider Kaiko’s second...
Read More »Bitcoin Ordinals Proposal To Reduce Inscription Costs By 90%
Ordinals developers are pioneering ways to make reduce blockchain bloat caused by Bitcoin NFTs, potentially reducing their creation costs by 90%. The latest among these is BRC69 – a new standard proposed by Ordinals launchpad platform Luminex to “optimize the costs of inscribing on Bitcoin using the Ordinals protocol.” The BRC69 Standard According to Luminex’s GitHub proposal, the new standard can not only reduce inscription costs, but also unlocks new on-chain features,...
Read More »Alex The Doge (ALEX) Presale Reports 14 Million Tokens Sold
[Press Release – Frankfurt, Germany, July 4th, 2023] Alex The Doge (ALEX), a memecoin designed to transform the GameFi ecosystem, has reported strong demand for its presale. The presale, which is currently ongoing, gives the crypto community their first opportunity to purchase ALEX tokens. Following completion of the token sale, ALEX will launch on decentralized exchanges. ALEX aims to combine the fun of memecoins with the utility of decentralized finance (DeFi) and...
Read More »Bitcoin Ordinals Launchpad Luminex Announces BRC-69 Standard to Simplify Recursive Inscriptions
CoinspeakerBitcoin Ordinals Launchpad Luminex Announces BRC-69 Standard to Simplify Recursive Inscriptions According to ordinals launchpad Luminex, the BRC-69 standard will make recursive ordinals easy and also create additional enhancements. Bitcoin Ordinals Launchpad Luminex Announces BRC-69 Standard to Simplify Recursive Inscriptions
Read More »Voyager Creditors Receive $5.1M Bill from Law Firm for March-May Services
CoinspeakerVoyager Creditors Receive $5.1M Bill from Law Firm for March-May Services McDermott Will & Emery has submitted a new bill of $5 million to Voyager creditors for the third interim, leading to a total over $16 million. Voyager Creditors Receive $5.1M Bill from Law Firm for March-May Services
Read More »TON Introduces Messaging Encryption Functionality on Its Blockchain
CoinspeakerTON Introduces Messaging Encryption Functionality on Its Blockchain When conducting transactions on the TON blockchain, users can include text messages and expect their information to be secure. End-to-end encryption ensures that the messages are not accessible to anyone else. TON Introduces Messaging Encryption Functionality on Its Blockchain
Read More »Ronaldo Teams with Binance to Launch His Second NFT Collection
CoinspeakerRonaldo Teams with Binance to Launch His Second NFT Collection The NFT collection, which was launched today is tagged "Forever CR7: The GOAT" and focuses on Ronaldo's big career achievements, especially his goals on the football pitch. Ronaldo Teams with Binance to Launch His Second NFT Collection
Read More »Fraudsters Stole $2.27M Worth NFTs in June: PeckShield
NFTs continue to attract not only more users but also capture the eyes of fraudulent entities. Web3 threat actors have set their sights on digital collectibles, with millions of funds being lost through different scams and attacks. A new report suggested that such thefts in the NFT space declined in June but remain rampant. NFT Theft: June Edition Shedding light into the NFT crime landscape for the month, PeckShield’s analysis revealed that fraudsters stole approximately...
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