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Toncoin and Cardano Shine, Ripple (XRP) Consolidates, and Furrever Token Grows – Key Crypto Trends

The cryptocurrency market is ever-evolving, with different tokens showing unique trends and developments. This article explores the recent movements of Toncoin, Cardano, Ripple, and Furrever Token, highlighting their potential and growth in the crypto space. Toncoin’s Potential Rise Toncoin has been garnering attention due to its recent price movements and market potential. Analysts are optimistic about its performance this week, predicting a possible upward trend. This optimism is...

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ONI DEX: The First DEX on GALA Chain Launches with Innovative Features

ONI DEX is poised to become the largest and most innovative decentralized exchange (DEX) in 2024, bringing together a suite of groundbreaking features that set it apart in the DeFi landscape. With its multi-chain capabilities, pioneering support for the GALA Chain, dynamic launchpads, the ONI Token sale, and the innovative Spheres passive income model, ONI DEX is set to revolutionize how users interact with digital assets and blockchain technology. Additionally, the platform’s social...

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CoralApp, Incubated by Binance Labs, Set to Launch First AI-Driven Flagship Phone for Web3Auto Draft

Introducing CoralApp: Your Ultimate Gateway to the Web3 Lifestyle Founded by a team of North American data scientists, CoralApp is a practical AI-driven project within the Web3 domain, poised to revolutionize digital interactions and herald the future of mobile technology. At its core is the Coral Phone, a groundbreaking device designed as the ultimate entry point into the Web3 lifestyle. What is Coral Phone? The Coral Phone is more than just a smartphone; it’s a comprehensive...

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Decoupling: Stock Markets Tapping New Highs Last Week but BTC and ETH Suffer

The cryptocurrency industry is often described as a risk-on asset class that tends to underperform in times of economic uncertainty. Although the stock market also falls in this category, at least to an extent, it has been on a wild run in the past few weeks, with multiple new all-time highs from the most prominent indexes. At the same time, crypto has suffered and the largest digital asset have plummeted since March. US Stock Market on a Roll Perhaps driven by the hype...

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Around 1,590 Crypto Wallets Affected Due to CoinStats Security Breach

CoinStats suffered a security breach late into Saturday as iOS and Android users reported receiving questionable notifications about them being eligible for rewards. However, the notifications took them to a shady website asking them to download another application to receive the rewards. CoinStats updated users about the same on X. “Some iOS users received a scam notification. We’re investigating it. Sorry for the inconvenience. We’ll update you ASAP. Thanks for your understanding.” Some...

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Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?

A popular New York-based crypto exchange, Uphold, announced the delisting of six stablecoins in response to the upcoming MiCA regulation in the European Union, including Tether (USDT) – the largest of the cohort. This decision aligns with the Markets in Crypto Assets (MiCA) regulation, which fully takes effect on June 30th, 2024. Passed into law in May 2023 and partially enacted a month later, MiCA requires all digital assets to comply with its extensive regulations. However,...

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Crypto Businesses to Comply With Nigeria’s New Regulations Within 30 Days

The Nigerian Securities and Exchange Commission (SEC) has released new guidelines geared to Virtual Asset Service Providers (VASPs). An amendment of the Rules on Digital Assets Issuance, Offering Platforms, Exchange, and Custody, issued in May 2022, the SEC has now introduced the Accelerated Regulatory Incubation Program (ARIP). It comes with the appointment of the SEC’s new Director-General, Emomotimi Agama. VAPS must comply with the framework by 21 July 2024. The SEC issued a press release...

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Crypto Market Still in Bull Cycle But There Are Worrying Signs: CryptoQuant

The crypto market is in the red amid significant bloodshed from bitcoin (BTC) and altcoins. There is currently no bullish momentum, and BTC is hovering around key levels, falling below traders’ on-chain realized price of $65,800. Regardless, CryptoQuant analysts insist in a recent report that the market is in a bull season. Lack of Bullish Momentum The lack of bullish momentum in the crypto market is evident in weak bitcoin whale demand growth and low stablecoin liquidity....

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ETH ETF Providers Have Submitted Their S-1 Applications

Institutions that applied for issuing ETH ETFs in the US submitted their S-1 applications to the Securities and Exchange Commission (SEC) on June 21. Many assume ETH ETFs are days away from launch and can come as soon as the first week of July before the US Independence Day celebrations. Late last month, it approved the first round of applications, the 19b-4 filings submitted by the financial institutions. It then asked them to clarify its questions before submitting the S-1 applications....

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