Crypto news

[PRESS RELEASE – Seychelles, Seychelles, December 13th, 2024] The native token of the Movement Network, $MOVE, which was launched on December 9, 2024, outpaced its price of $1.45 after the release. As an innovative blockchain ecosystem based on a Move programming language, the Movement Network is going to integrate its ecosystem with $MOVE tokens right after the launch of its mainnet. Currently, BYDFi has officially listed $MOVE, showing deep insight into the development of...

[PRESS RELEASE – Panama City, Panama, December 12th, 2024] PoSciDonDAO, an emerging organization in the Decentralized Science (DeSci) domain, has announced the launch of a decentralized autonomous organization (DAO) dedicated to funding personalized medicine research. Leveraging blockchain technology, PoSciDonDAO aims to improve efficiencies and transparency in research funding while enabling global collaboration to address life-altering diseases such as cancer, multiple...

Sonic SVM, the first Solana Layer 2 (L2), has unveiled a landmark initiative that promises to redefine community engagement in the Solana ecosystem. In collaboration with Solayer, a decentralized cloud infrastructure, Sonic is allocating a portion of its forthcoming token supply as an airdrop for users who delegate their assets to Sonic’s Actively Validated Service (AVS). This initiative not only rewards early adopters but also underscores Sonic’s commitment to fostering a vibrant and...

The crypto ETF world is booming with high anticipations as XRP price prediction suggests an impressive 80% surge, potentially reaching a new all-time high. Yet, amidst this optimism, crypto experts have turned their attention to ETFSwap (ETFS), the Ripple rival projected to deliver a staggering 45,000% rise in 15 days.  Since its presale, where ETFSwap (ETFS) garnered massive support from whales and retail investors, its recent Uniswap listing has positioned it as a game-changing altcoin...

AAVE, the native token of the decentralized crypto lending platform Aave, surpassed $363 after surging by approximately 30% over the past day. This is the first time since 2021 that the asset has recorded a crucial milestone in a rally powered by a huge wave of coins moving back into circulation. Major AAVE Stakeholders Circulate Dormant Coins As highlighted by Santiment in its latest analysis, this surge is coupled with a significant drop in the “Mean Dollar Invested Age,” a...

OKX launches Alpha Traders, an invite-only community for on-chain influencers, driving product development and community growth through direct feedback. OKX has introduced ‘Alpha Traders,’ a new invite-only community aimed at influential on-chain traders. This initiative places active traders at the center of OKX Wallet’s product development. It allows Web3 voices to have a continuous open dialogue with the product and growth teams at OKX. Members of ‘Alpha Traders’ are involved in the...

BitOasis obtains a full VASP license, enhancing its MENA activities. CoinDCX acquires BitOasis, strengthening its presence in the MENA region. Virtual asset-leading platform BitOasis has won the Virtual Asset Service Provider definitive license offered by Dubai’s Virtual Assets Regulatory Authority. This would be a step from onboarding under a provisional license from VARA back in 2022, followed then by winning an MVP license at the turn of 2023- this makes a march forward for BitOasis that...

Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance. Over the past month, Tether issued $20 billion in USDT on the network, possibly marking it as the go-to blockchain for activity involving the fiat-pegged cryptocurrency. Strategic Expansion Figures shared by the on-chain data platform Token Terminal show that Tether’s $20 billion issuance on the world’s largest blockchain by total value...

TL;DR Pi Network users in South Korea surpass Binance’s user base in the country. The project’s open mainnet launch awaits final verifications, with updates expected in the following weeks. Pi Network Outpaces Binance on This Front The cryptocurrency project Pi Network, which allows individuals to mine digital assets directly from their smartphones, remains one of the most discussed topics in the space. It saw the light of day over five years ago but its open mainnet and...

Tkachev indicates a Bitcoin reserve to ensure Russia’s financial stability. Russia’s crypto policies are evolving, including tax breaks and mining authorization. Russian State Duma Deputy Anton Tkachev has suggested that the national Bitcoin reserve be created in order to strengthen financial stability in Russia further. The deputy of the New People party proposed the initiative and sent it to Finance Minister Anton Siluanov. He suggested that Bitcoin could become an independent asset,...