Crypto news

Amidst market activity following the approval of Ethereum spot ETFs, top altcoin Ethena (ENA) is approaching the $1 price level. At the same time, dog-themed meme coin Shiba Inu (SHIB) experiences a strong rally to enter the top 10 crypto list. Meanwhile, investors are flocking to Algotech’s (ALGT) token presale as it showcases an impressive uptrend. Let’s explore which coin is best to buy now among ALGT, ENA, and SHIB. Algotech (ALGT) Presale Stage 3 Sells Over 30% Tokens Algotech (ALGT) is...

As the crypto market buzzes with the anticipation of the Memeinator listing today, scepticism persists due to the recent instability in market entries similar to Retik. In sharp contrast, BlockDAG has demonstrated remarkable growth, successfully raising $36 million through its presale, highlighted by a major keynote event at Shibuya Crossing. This event showcased BlockDAG’s advanced mining technology. It confirmed its strong market position by generating $2.8 million from mining rig sales,...

The fluctuating crypto market has investors eyeing three key coins—Solana (SOL), Litecoin (LTC), and BlockDAG (BDAG). Solana might face downward trends but holds the potential for big gains with a possible Solana ETF approval. Litecoin exhibits strong bullish signals due to solid fundamentals and positive on-chain metrics. Yet, BlockDAG’s recent roadmap updates, Ethereum Virtual Machine (EVM) integration, and user-friendly features make it an attractive choice. Its successful presale and...

Leveraging the capabilities of Chainlink CCIP, DTCC’s Smart NAV pilot represents a significant advancement in blockchain application, boosting data interoperability across various platforms. At the same time, Ethereum’s market presence is being bolstered by the approval of Ethereum ETFs.  Yet, the real star is BlockDAG, whose recent keynote at Shibuya Crossing has driven its presale to an impressive $36 million and sparked $2.83 million in mining rig sales. With a price of $0.0095, BlockDAG...

BlockDAG’s latest Development (Dev) Release introduces BlockDAGscan, an advanced blockchain explorer designed to enhance transparency and improve user experience significantly. This release has propelled BlockDAG’s presale velocity, with the launch of Batch 16 seeing the coin price climb to $0.0095—an 850% jump from the initial price in Batch 1. With a successful $36 million raised through its presale, BlockDAG continues to captivate and expand its investor base across the global crypto...

Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% stake in Bitfarms and plans to make a public takeover offer despite the company’s board’s recent rejection. Global Bitcoin Mining Giant Riot has proposed an acquisition price of $2.30 per share in cash and stock, valuing Bitfarms at approximately $950 million in equity. Riot’s...

Blockchain technology continues to advance, bringing forth significant innovations. Fantom is attracting developers by rolling out its new “SONIC” token and backing it with a generous $5 million fund, which promises to drive pioneering developments. At the same time, Injective Protocol is seeing its token prices rise, emphasizing its growing importance in the marketplace. In this realm of innovation, BlockDAG stands out prominently, drawing considerable attention from investors with...

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly dropped from 7% in March to 6.07% this month. The fall was due to crypto assets recovering in price after...

[PRESS RELEASE – San Fransico, California, May 30th, 2024] This partnership provides Coindisco’s community with a reliable, regulated, and trusted payment system that drives more approvals and more revenue from more digital assets. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, integrates today with Coindisco for buying and monitoring the user’s preferred crypto assets. This Topper integration ensures Coindisco users can enjoy seamless trading...

[PRESS RELEASE – Los Angeles, California, May 30th, 2024] Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity and TVL. “We’re thrilled to support the developers and startups building upon Polygon’s sustainable...