Crypto news

The surge in celebrity-backed tokens, fueled by the frenzy for meme coins, has polarized the community. One such meme coin that has captured the market attention is that of American TV personality Caitlyn Jenner’s JENNER token. Jenner launched 12 meme coins on the Solana blockchain within a mere four days, reaping profits of 2,381 SOL, which is equivalent to $405,000. $405K Earnings in Just 4 Days Lookonchain’s latest findings reveal that Jenner’s approach included launching...

[PRESS RELEASE – George Town, Cayman Islands, May 31st, 2024] SimpleSwap, an instant crypto exchange, is thrilled to announce the start of its new Trading Contest. The platform offers a chance to compete for a share of a $12,000 prize pool by swapping crypto. The unique aspect of this event is that this service has a great choice of coins. Users can choose the one they like among more than 1800 assets and take part in a contest by exchanging it. Contest details A trading...

European Bitcoin exchange-traded products are losing big this year after competition ramped up overseas in the form of United States-based competitors. Data from Morningstar shows that European Bitcoin funds have suffered over $500 million in net outflows since January, despite the rising demand for Bitcoin itself during that time. Why Are Europe’s Bitcoin ETFs Losing Customers? During that same period, ETPs for other cryptocurrencies, such as Ether, absorbed $42 million...

CoinspeakerMassive $875M in Token Unlocks Set to Shake Up Market in June Token unlock events can present opportunities for investors, but they also come with risks. Massive $875M in Token Unlocks Set to Shake Up Market in June

CoinspeakerBitdeer Announces Up to $150M in Private Placement Financing During the pre-market trading, the shares of Bitdeer rose more than 10%, priced at $6.44. The movement of shares indicates the impact that the digital asset sector has on the traditional finance industry. Bitdeer Announces Up to $150M in Private Placement Financing

CoinspeakerDonald Trump Amasses $14M in Crypto after Legal Battle Apart from the just-concluded case, Trump faces additional legal battles before the upcoming November presidential election. Donald Trump Amasses $14M in Crypto after Legal Battle

CoinspeakerMike Novogratz Predicts Staking for Spot Ethereum ETFs in 2 Years While all of the prospective Ethereum ETF issuers have fulfilled the bidding of the US SEC by removing staking in their applications, investors might still favor ETH in the ETF market. Mike Novogratz Predicts Staking for Spot Ethereum ETFs in 2 Years

The previous week was dominated by news and developments on the spot Ethereum ETF front, while the current one was taken over by Bitcoin exchange-traded funds. It almost felt inevitable after the launch of all US spot Bitcoin ETFs in early January that the BlackRock product will surpass that of Grayscale, which was actually converted from the former BTC Trust. Grayscale’s GBTC saw substantial outflows ever since it first reached the US markets, while BlackRock’s IBIT kept...

Ethereum’s recent momentum appeared to have slowed down, largely due to the pause in ETF-related excitement. Despite this, there is a significant accumulation trend among large holders a.k.a whales, even as ETH’s price remains below $4,000. Massive Increase in Ethereum Whales According to the latest Glassnode data, shared by popular crypto analyst Ali Martinez, there has been a notable rise in Ethereum addresses holding 10,000 or more ETH. This shift from distribution or...

[PRESS RELEASE – Sheridan, United States, May 31st, 2024] American Lands LLC Unveils Groundbreaking GreenForests Initiative and Launches The $Green Memecoin to Support Environmental Conservation American Lands LLC is thrilled to announce the launch of GreenForests, an innovative environmental conservation initiative aimed at preserving forests and wild habitats in the USA. As part of this groundbreaking effort, American Lands LLC is also introducing The $Green memecoin on the...