Crypto news

[PRESS RELEASE – Majuro, Marshall Islands, May 15th, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces the close of its $650k VC investment round led by NxGen, and the announcement of its Fjord Foundry LBP on May 21st-23rd. In the past month, Multipool has brought together the best of the crypto investment scene and connected them with the next big thing, receiving an overwhelmingly positive response from the community. “We’re...

The Shiba Inu ecosystem is migrating its native decentralized exchange to Shibarium in the form of ShibaSwap 2.0. The DEX will now be usable on both Ethereum and Shibarium – the layer 2 blockchain of the SHIB ecosystem focused on scalable, fast, and cheap transactions. Per a press release shared with CryptoPotato, ShibaSwap 2.0 will include new features like improved user processes for adding and reducing liquidity, staking and trend analysis. It will also feature discovery...

Nearly a month after the fourth Bitcoin halving took place, the first signs of miners’ revenues decreasing are slowly emerging with one clear indicator being the drop in the network hash rate. The recent decline in this metric potentially indicates miner capitulation, where less efficient miners are quitting due to decreased profitability. Hash Ribbons Shows Signs of Capitulation Earlier, the 30-day moving average of the hash rate reached its peak at 630 exahashes per second...

TL;DR Floki Inu (FLOKI) has experienced a significant price increase recently, coinciding with the general upswing in the meme coin market. A proposal from the Floki DAO to burn over 15 billion tokens aims to increase scarcity and potentially boost the value of the asset. What’s Fueling FLOKI’s Ascent? The popular meme coin – Floki Inu (FLOKI) – recently experienced a substantial price increase, spiking by 17% on a 24-hour scale and 32% weekly. Currently, it trades at around...

[unable to retrieve full-text content]CoinspeakerCrypto.com Officially Joins Adan Association for Crypto and Blockchain Development in France and Europe As a member of Adan, Crypto.com joins Binance, Bitpanda, OKX, and several crypto heavyweights to push for crypto and blockchain development. Crypto.com Officially Joins Adan Association for Crypto and Blockchain Development in France and Europe

[unable to retrieve full-text content]CoinspeakerSwitzerland Cracks Down on Crypto Tax Evasion with Upcoming AEOI Expansion The Swiss Federal Council's proposal to include crypto assets in the Automatic Exchange of Information (AEOI) system shows the country's commitment to crypto tax compliance and transparency. Switzerland Cracks Down on Crypto Tax Evasion with Upcoming AEOI Expansion

[unable to retrieve full-text content]CoinspeakerBinance Unveils Spot Copy Trading: Empowering Traders with Expert Strategies This new feature will also be a source of passive income for lead traders, as they are entitled to a 10% profit share and 10% commissions from their copy traders' trading fees. Binance Unveils Spot Copy Trading: Empowering Traders with Expert Strategies

An anonymous trader has made headlines by making a profit of $46 Million with PEPE within one year, equivalent to a 15,718x gain. This comes as the Solana-based meme coin recently achieved a milestone that saw it hit a new all-time high on May 15. The Trader’s Strategy According to Lookonchain data, the trader acquired 4.9 trillion PEPE tokens, currently valued at $56 million, on April 15, 2023, spending less than $3,000. Earned more than $46M on $PEPE with only $3K, a gain...

[unable to retrieve full-text content]CoinspeakerCardano Just Lost Top Project to Base L2: Details The Ape Society's decision to bridge to Base is centered around Social Finance popularly referred to as SocialFi. Cardano Just Lost Top Project to Base L2: Details

[unable to retrieve full-text content]CoinspeakerInteractive Brokers Rolls Out Bitcoin, Ethereum and Other Crypto Trading Services in UK Interactive Brokers, one of the leading global electronic brokers based in the United States, is expanding its presence in the crypto industry with the rollout of digital asset trading services to British customers through its UK unit. Interactive Brokers Rolls Out Bitcoin, Ethereum and Other Crypto Trading Services in UK