MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index The acceptance of meme coins within the cryptocurrency community is gaining traction, notably with the introduction of the “meme coin asset...
Read More »Arch Raises $7M Led By Multicoin Capital To Build The First Bitcoin-Native Application Platform
[PRESS RELEASE – New York, New York, May 9th, 2024] Arch Raises $7M Led By Multicoin Capital To Build The First Bitcoin-Native Application Platform ArchVM Enables Bridgeless Applications On Bitcoin, The World’s Largest And Most Secure Blockchain HONG KONG, MAY 8, 2024 — Arch Labs, the inventors of Arch, a Bitcoin-native application platform that unlocks bridgeless decentralized finance (DeFi) on the world’s largest blockchain, today announced a $7M series seed round led by...
Read More »Ethereum (ETH) Price Dips Below $3K amid Increased Short-Term Fear
[unable to retrieve full-text content]CoinspeakerEthereum (ETH) Price Dips Below $3K amid Increased Short-Term Fear Ethereum (ETH) price has established a solid support level around $2,972, which could yield a bullish rebound towards its all-time high soon. Ethereum (ETH) Price Dips Below $3K amid Increased Short-Term Fear
Read More »Taiwan Proposes Strict AML Laws for Crypto Firms
[unable to retrieve full-text content]CoinspeakerTaiwan Proposes Strict AML Laws for Crypto Firms The proposed law by Taiwan's Executive Yuan is designed to curb fraud and regulate money laundering among crypto organizations. Taiwan Proposes Strict AML Laws for Crypto Firms
Read More »Bitcoin Price Struggles to Stay Above $62,000 despite Positive European Equity Rally
[unable to retrieve full-text content]CoinspeakerBitcoin Price Struggles to Stay Above $62,000 despite Positive European Equity Rally This ongoing Bitcoin volatility has forced Bitwise, an asset management firm, to advise caution, suggesting the halving event might have been a "sell the news" scenario. Bitcoin Price Struggles to Stay Above $62,000 despite Positive European Equity Rally
Read More »Ripple and XRPL Labs Join Digital Asset Recovery Protocol DeRec Alliance
[unable to retrieve full-text content]CoinspeakerRipple and XRPL Labs Join Digital Asset Recovery Protocol DeRec Alliance The DeRec Alliance now has Ripple and XRPL Labs as founding members, as they develop a protocol for easy asset recovery. Ripple and XRPL Labs Join Digital Asset Recovery Protocol DeRec Alliance
Read More »Bitcoin Mining Difficulty Sees Largest Plunge Since December 2022
The Bitcoin network’s mining difficulty has experienced its largest negative adjustment since December 2022, when the bear market was in full gear. According to data from the real-time Bitcoin dashboard Bitbo, the mining difficulty fell 5.7% to 83.1 trillion on Thursday at block height 842,688. Bitcoin Mining Difficulty Negatively Adjusts Bitcoin’s mining difficulty measures how tough and time-consuming it is to produce a new block. The difficulty rises when the number of...
Read More »Polygon (MATIC) Now Available at Crypto.Games Casino
[PRESS RELEASE – Willemstad, Curaçao, May 9th, 2024] Crypto.Games Casino Expands Cryptocurrency Options with the Addition of Polygon (MATIC) In a strategic move to expand its cryptocurrency offerings and improve transactional efficiency, Crypto.Games, the premier online crypto casino, is excited to announce the integration of Polygon (MATIC) into its payment options. This addition highlights CryptoGames’ commitment to adopting cutting-edge technologies that enhance user...
Read More »VanEck’s MarketVector Index Tracking Meme Coins Sees 195% Jump
[unable to retrieve full-text content]CoinspeakerVanEck’s MarketVector Index Tracking Meme Coins Sees 195% Jump The VanEck's MarketVector Meme Coin Index tracks top six meme coins of the respective sector, with an 89% weightage of the entire meme coin sector. VanEck’s MarketVector Index Tracking Meme Coins Sees 195% Jump
Read More »DWF Labs and Binance at Center of Trading Controversy
[unable to retrieve full-text content]CoinspeakerDWF Labs and Binance at Center of Trading Controversy The controversy highlights some of the challenges faced by the crypto industry; establishing and maintaining the trust of investors and market participants. DWF Labs and Binance at Center of Trading Controversy
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