Crypto news

After the US Securities and Exchange Commission made history earlier this year by approving almost a dozen spot Bitcoin ETFs, all eyes in the community turned to the next digital asset in line – Ethereum. While the landscape didn’t look promising at first, it changed several weeks ago when, somewhat surprisingly, the agency greenlighted eight spot Ethereum ETFs. However, the launch date is still unknown. When the spot BTC ETFs were approved by the securities regulator, they...

In a recent update, experts predict the Solana (SOL) price will see daring ups and downs. Meanwhile, Fantom (FTM) investors are moving holdings to private wallets, hoping for a long-term surge.  But these crypto highlights were overshadowed by BlockDAG‘s thrilling giveaway. This golden giveaway offers participants a chance to win $2 million by holding only $100 worth of BDAG. Additionally, BlockDAG’s reliability through regular dev updates results in huge participation, proving the...

The cryptocurrency scene is undergoing a seismic shift, with promising movements from The Graph (GRT) and Kaspa (KAS). However, BlockDAG is stealing the show. Its audacious Keynote 2, broadcast from the moon, alongside the groundbreaking X1 Miner app, places BlockDAG as a power player. Its technological leaps and notable $50 million presale success distinguish it, sparking widespread excitement and optimism for its trajectory in the ever-changing crypto realm. The Graph (GRT) Enhances...

Ethereum has continued to face challenges staying above the $4,000 mark, mirroring the lack of momentum in the broader market. While the investors await for a rally, data suggest a surge in demand for the world’s largest altcoin. Permanent Ethereum Holders Bought Big According to CryptoQuant head of research Julio Moreno’s recent findings, Ethereum’s demand has spiked owing to a significant buying spree by “permanent holders” of the cryptocurrency. In fact, this cohort of...

BTC ETFs saw $226.2 million in net outflows in a single day yesterday as bitcoin struggles to rise in price. The outflows from the regulated financial products are reminiscent of what occurred at the end of April, as $1.2 billion moved out of BTC ETFs. Presently, the ETFs have seen net withdrawals amounting to $564 million over the past three days despite Wednesday observing inflows. The net outflows in the following days can possibly match April’s six-day outflows of over a billion....

Omnichain tokenization platform Holograph’s native token, HLG, fell nearly 80% in value following a recent hack. The malicious actor exploited a vulnerability in the protocol’s operator contract, minting 1 billion HLG tokens that were initially valued at approximately $14.4 million. The Holograph Exploit Holograph confirmed the breach on their X account, assuring users that the initial exploit has been patched and efforts are underway with cryptocurrency exchange partners to...

Nigeria’s Federal Inland Revenue Service (FIRS) has dropped tax charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. Gambaryan remains detained in the Kuje prison. Anjarwalla escaped the prison and fled Nigeria in March. The executives were arrested in February when a meeting with Nigerian officials took a turn. It was the second time they visited the country, with the previous one occurring a month ago, which also seemed off. The FIRS now holds Binance, the firm,...

[PRESS RELEASE – New York, New York, June 14th, 2024] Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership with Lurk Lab to build out a Zero-Knowledge tech stack on the Kadena blockchain that will pave the way for provably secure cross-chain messaging. Kadena and Lurk Lab are developing a robust ZK roadmap that includes a ZK bridge between Ethereum and Kadena. In total, there are two milestones that are expected to be accomplished in the second...

[PRESS RELEASE – Palo Alto, California, June 14th, 2024] Autonomys (formerly Subspace) is now an identity-based decentralized AI (deAI) stack for human + AI (H+AI) collaboration Introducing Autonomys—a decentralized AI (deAI) verticalized stack encompassing distributed storage, distributed compute, and a decentralized application (dApp) suite. The first primitive being built in the Auto Suite is our decentralized identity protocol Autonomys ID (Auto ID). Autonomys’s deAI...

TL;DR Dogecoin (DOGE) has dropped to around $0.14, a 12% decline in a week, but some analysts expect a potential price surge based on technical patterns. Market analysis shows DOGE has strong support at $0.115 and resistance at $0.16, with an RSI of 48 indicating it is neither overbought nor oversold. Where’s DOGE Headed? The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – has been heavily affected by the recent market decline. Its price tumbled to...