Crypto news

[PRESS RELEASE – NY, USA, June 10th, 2024] Solnarize, the innovative meme coin on the Solana blockchain, is thrilled to announce that it has raised over 200 SOL within minutes of launching its $SRIZE token presale. This milestone follows the recent preview of the Solar Defender play-to-earn (P2E) game. Solnarize: Where Fun Meets Sustainability Solnarize has quickly become a standout in the crypto community, combining the viral appeal of meme culture with a mission of...

Regulators will inevitably approve a Dogecoin ETF after both Bitcoin and Ethereum hit US public markets, according to BitMEX co-founder Arthur Hayes. During a Sunday interview alongside Real Vision CEO Raoul Pal, the two investors reviewed their favorite meme coin and crypto picks this cycle, as well as the top risks currently looming over the industry. Why Memecoins Will Keep WInning: Arthur Hayes According to Hayes, meme coins still have plenty of runway this cycle, with...

BTC and ETH prices remained mostly unchanged this past weekend after dropping last Friday. BTC’s price dropped significantly last week – many believed it would overtake the all-time high (ATH), but it fell flat, dropping below $69,000 from about $72,000. Macroeconomics was at play as non-farm payroll figures were much better than expected as the US economy added 272,000 new jobs instead of the predicted 185,000 jobs. That will have other effects, such as the Fed not cutting interest rates,...

Standard Chartered, the British financial institution, claims bitcoin can hit $100,000 by November and surge to $150,000 if Donald Trump wins the US presidential election. Analysts for the institution feel Trump’s siding with the crypto industry is a bullish factor, and as the US heads toward the election in November, BTC will reach the six figures. Trump’s anti-crypto rhetoric from his last term has changed this time as he takes a pro-crypto stance going into the election. This past week, he...

UwU Lend, a decentralized lending platform, has become the latest victim of a malicious hack. According to the blockchain security firm, Arkham, the lending protocol saw $19.3 million stolen by bad actors. Although the cause of the hack is yet to be identified, some users claim that the project’s founder is the one behind the attack. UwU Lend Loses $19.3M UwU Lend was forked from the open-source codes for AAVE v2, an Ethereum-based lending protocol. It offers a cohort of...

DTX Exchange (DTX) has been gaining popularity lately for being an absolute game changer in online trading. Its utility token, DTX, which is now in Stage 2 of its presale, could very well take over from giants like Binance Coin (BNB) or Uniswap (UNI). Market analysts hint that this exchange coin may soar by 50x in 2024. Let’s see why. DTX Exchange (DTX): A Hybrid Trading Platform DTX Exchange (DTX) is a trading platform that combines CEX and DEX. Users can trade more than 120,000 types...

Polkadot buyers were unable to surpass the critical resistance at $7.5, resulting in a significant 7% decline due to increased selling pressure. The cryptocurrency has now reached a decisive support level, and the upcoming price action will be crucial in determining Polkadot’s future trend. Technical Analysis By Shayan The Daily Chart A detailed daily chart analysis reveals that Polkadot buyers failed to reclaim a key resistance zone over several weeks. This zone includes the...

After a brief consolidation near the critical $4K resistance level, Ethereum encountered increased selling pressure, leading to a decline. However, a significant support zone lies ahead, which may curb further downward movement. By Shayan The Daily Chart A closer look at the daily chart shows that after a short period of consolidation near the pivotal $4K resistance, Ethereum faced heightened selling activity, resulting in a notable rejection. This indicates strong selling...

Ethereum witnessed its strongest week in terms of capital inflow since March, with total inflows amounting to $69 million over the past week, as per the latest stats by CoinShares. The latest influx can be attributed to the surprise decision by the US Securities and Exchange (SEC) to allow spot Ether ETFs. As a result, Ethereum’s YTD inflows surged to almost $81 million. The improvement in investment products based on Ethereum had a significant impact on other digital asset...

With the cryptocurrency market experiencing a not-so-good downturn in the past couple of months, It’s more challenging even for seasoned investors to tailor their expectations of the next couple of months from crypto token as promising as BEFE. So, it’s gotten tricky, especially since many expected an immediate bull run from Bitcoin post-halving. Instead, crypto enthusiasts and Bitcoin investors had to endure through the crypto’s sideways movements and volatility. Hence, it begs the...