Crypto tokens worth upwards of $212 million are set to unlock this week. According to the latest data, five projects – Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), The Sandbox (SAND), according to data compiled by DropsTab. The token unlocks could potentially create some significant sell pressure. Token Unlocks: Weekly Edition The DAO Maker Token is the governance token of the DAO Maker ecosystem built on top of the Ethereum blockchain....
Read More »Shiba Inu Price Slips Over 6% as Major Coins Struggle, But These New Tokens Are Defying the Bear Market
Several top meme coins have dropped significantly over the weekend, with Shiba Inu one of the worst affected, down 4.69% in 24 hours. Other high-value meme coins are also down in the last seven days, with Dogecoin and Pepe down 6% and 10%, respectively. However, newer low-cap meme coins have pushed ahead unfazed, with Shibie Coin and Wall Street Memes leading the way amongst the next generation of viral crypto assets. Shiba Inu Loses Its Recent Gains Amid Bearish Market...
Read More »Chen Zhuling: Blockchain Will Be Bigger Than Ever
Chen Zhuling – founder and CEO of Rock X – is confident blockchain is going to reach new levels of usage and popularity in the coming months. Chen Zhuling on Blockchain’s Future In a recent interview, he stated: The attraction of leading technology developers to the blockchain industry represents a broadening recognition of blockchain as more than just a financial instrument. It is a foundation for the new digital frontier. Blockchain is akin to a new-age...
Read More »What’s the Cheapest Day of the Week to Buy Bitcoin? We Asked Google Bard
Bitcoin price has cautiously ratcheted upward since Jan. A rising trend channel from $16,600 to $30,000 almost doubled the spot price of BTC in H1. The price changed in three phases, with blistering rallies that happened in January, March, and June. Here’s what large language model chatbot Google Bard has to say about the best day of the week to buy cryptocurrencies like Bitcoin, Ethereum, and Ripple. Cheapest Day of the Week to Buy Crypto? There’s no telling for sure if...
Read More »BlackRock ETF Application Caused BTC, ETH to Surge
Bitcoin and Ethereum – the world’s largest cryptocurrencies by market cap – rose to new levels in late June following several weeks of traveling through the doldrums, and the moves appear to stem from some new bitcoin-based exchange-traded fund (ETF) applications from two of the largest financial companies around: Wisdom Tree and BlackRock. BlackRock Does Big Things for BTC Both bitcoin and Ethereum weren’t doing so hot throughout the month of June prior to this...
Read More »Curve Finance Offers 10% Bug Bounty to Attackers Behind Vyper $50M+ Exploit
Decentralized exchange Curve Finance has teamed up with Metronome and Alchemix to offer a 10% bug bounty to the attackers behind the recent exploit that saw more than $50 million siphoned off the platforms’ pools. According to an on-chain message on one hacker’s Ethereum address, the protocols are willing to cease the pursuit of the case if the attackers return 90% of the stolen funds, keeping 10% for themselves. Curve, Metronome, and Alchemix Offer Hacker 10% Bounty Recall...
Read More »Ethereum ETF Incoming? Odds of ETH ETFs Skyrocket 75%
While anticipation over a potential Bitcoin (BTC) spot ETF has gripped investors, an Ethereum (ETH) ETF approval may also be waiting in the wings. Bloomberg analysts are now assigning 75% odds of one such product being approved in the United States this year. Ethereum ETF On The Horizon As tweeted by Bloomberg ETF analyst James Seyffart on Friday, the organization’s approval odds are the same as those it assigned for a Bitcoin futures ETF in early September 2021. The very...
Read More »Casa Bitcoin Wallet Will Now Also Hold Ethereum
Bitcoin wallet provider Casa has unveiled Ethereum vaults, which are designed to give Ethereum fans and holders more secure options for keeping control of their money. Casa Says “Yes” to Housing Ethereum There’s a common theme in the digital currency world. The theme is, “Not your keys, not your coins.” The statement refers to custody practices and third parties in which custody responsibilities are trusted to figures or companies that are not the actual owners of...
Read More »Recovery in Sight for ETH? 2 Things to Watch in the Short Term (Ethereum Price Analysis)
Ethereum’s price has gradually declined over the past few weeks after being rejected from the psychological resistance level of $2,000 once more. However, there is a considerable chance to initiate a new bullish leg in the short term. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has recently demonstrated bearish price action. The 50-day moving average, located around the $1,900 mark, was broken to the downside after holding the mark for a...
Read More »Binance Law Enforcement Leader on the Current State of Digital Assets
Binance is getting a lot of heat from the Securities and Exchange Commission (SEC) and related agencies. Not long ago, Jareck Jakubcek – the head of law enforcement at Binance APAC – sat down for an interview to explain the regulatory issues surrounding crypto and to explain that digital assets aren’t immune to criminal activity. What’s Going on with Binance? He stated: At Binance, we welcome opportunities to actively engage with regulators, and we support clearer...
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