Markets

CoinspeakerMassive $875M in Token Unlocks Set to Shake Up Market in June Token unlock events can present opportunities for investors, but they also come with risks. Massive $875M in Token Unlocks Set to Shake Up Market in June

CoinspeakerBitdeer Announces Up to $150M in Private Placement Financing During the pre-market trading, the shares of Bitdeer rose more than 10%, priced at $6.44. The movement of shares indicates the impact that the digital asset sector has on the traditional finance industry. Bitdeer Announces Up to $150M in Private Placement Financing

CoinspeakerMike Novogratz Predicts Staking for Spot Ethereum ETFs in 2 Years While all of the prospective Ethereum ETF issuers have fulfilled the bidding of the US SEC by removing staking in their applications, investors might still favor ETH in the ETF market. Mike Novogratz Predicts Staking for Spot Ethereum ETFs in 2 Years

The previous week was dominated by news and developments on the spot Ethereum ETF front, while the current one was taken over by Bitcoin exchange-traded funds. It almost felt inevitable after the launch of all US spot Bitcoin ETFs in early January that the BlackRock product will surpass that of Grayscale, which was actually converted from the former BTC Trust. Grayscale’s GBTC saw substantial outflows ever since it first reached the US markets, while BlackRock’s IBIT kept...

CoinspeakerLawyers Net Over $820M in High-Profile Bankruptcy Cases Despite the surge in legal fees from cryptocurrency bankruptcy cases filed in 2022, the demand for bankruptcy lawyers in the crypto economy has grown significantly. Lawyers Net Over $820M in High-Profile Bankruptcy Cases

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...

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...