Crypto news

Die Debatte darüber, ob Litecoin besser als Bitcoin ist, wird in der Kryptowelt oft geführt. Beide Kryptowährungen haben ihre eigenen Vorzüge und Besonderheiten, die sie für unterschiedliche Zwecke attraktiv machen. Bitcoin, als die erste und bekannteste Kryptowährung, hat den Vorteil der Marktdominanz und des Vertrauens der Nutzer. Es wird oft als digitales Gold bezeichnet, weil es eine bewährte Wertaufbewahrung darstellt. Das Netzwerk von Bitcoin ist das sicherste und stabilste, mit der...

Litecoin is a cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware. Litecoin, often referred to as the silver to Bitcoin’s gold, has established itself as a significant player in the cryptocurrency world. Its most notable features include the speed and cost-effectiveness of its transactions, which make it an appealing choice for users and businesses alike. One of the primary reasons for Litecoin’s...

Matter Labs, the creators of ZKsync, announced on Tuesday that a community airdrop for their new ZK tokens will start next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to about 695,232 eligible wallets. ZK Airdrop Coming Next Week In the release, the team announced that ZK will have a total supply of around 21 billion tokens. As per Matter Labs’ statement, the 17.5% airdrop...

OKX has experienced significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, surpassing the outflows of other prominent cryptocurrency exchanges. The surge in withdrawals comes from multiple security controversies that may have undermined user confidence. OKX’s Design Flaw On June 9, two OKX users lost a significant amount of funds in a suspected SIM-swapping attack due to a vulnerability in the exchange’s two-factor...

United States Senator Elizabeth Warren (D-MA) is calling on the Federal Reserve to lower its interest rate target on Thursday – a move most analysts believe would be a boon for crypto markets. The senator’s request puts her in an ironic alignment with crypto investors, whose industry she has repeatedly tried to stifle with burdensome legislation and reporting requirements. Cut Interest Rates Now, Says Senator Warren In a letter to Fed chairman Jerome Powell on Tuesday, Warren...

Bitcoin futures interest tapped an all-time high in US dollar terms on Monday, reaching over 500,000 BTC worth $36.3 billion. Analysts say the overwhelming surge in open interest relates to a clever arbitrage play levied by institutional traders between Bitcoin’s futures and spot markets. The Cash And Carry Trade In a Tuesday newsletter, lead Glassnode analyst James Check theorized that leveraged funds are simultaneously shorting Bitcoin on the CME while buying up coins in...

Since Dogecoin’s debut in 2013, the meme coin market has seen significant growth, reaching a total market cap of $60 billion by June 2024. In March alone, the asset class attracted a whopping $13 billion in spot trading volumes on exchanges, surpassing major blue-chip cryptocurrencies such as Ethereum and Solana. However, this sector is grappling with risks. Red Flags Identified in Meme Coin Investments According to CoinShares’ latest report, the heavy concentration of assets...

ZKsync, one of the most popular Zero Knowledge (ZK) rollup layer 2s, announced its airdrop for next week. Those using ZKsync Era – the layer 2 chain – can secure ZK tokens in their wallets. The project’s tokenomics dedicates 17.5% of the 21 billion tokens from its eventual supply for the airdrop. While it is impossible to know the dollar value surely until the airdrop concludes, industry experts suggest it can amount to over $2 billion in value. 89% of that value will get airdropped into...

Fiat-pegged stablecoins have grown in market cap over the past ninety days as they collectively witnessed $16 billion flow into their side of the crypto market. However, the past month has been relatively calm for the stablecoin economy. USDT’s (Tether) market cap has grown to $112.5 billion on June 8 from $101.18 billion in March. That is over $11 billion in the three months, with USDT representing 69% of the $16 billion that flowed into stablecoins. Its market cap barely rose over the past...

In a new announcement, Charles Hoskinson, the founder of Cardano (ADA), revealed further details about what he claims is the most crucial event in ADA’s history. Meanwhile, Notcoin (NOT) whales are looking at crypto in Stage 2 of its presale – DTX Exchange (DTX). Many analysts peg this token as the next $0.5 coin in 2024, making it a good crypto to buy. Cardano (ADA): Chang Hard Fork To Bring a New Dawn Cardano (ADA) has been making waves in the crypto market as one of the best cryptos...