Cryptocurrency exchange Kraken has recently announced the listing of two Reddit cryptocurrency tokens, MOONS and BRICKS. This move allows users to trade these tokens on Kraken and Kraken Pro, both in spot and futures markets, using USD and EUR trading pairs. This article explores the significance of this listing and the potential impact it may
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Gala Games, a prominent figure in web3 entertainment, recently announced its plan to transition unsold and reserve Non-Fungible Tokens (NFTs) game items from the Ethereum network to GalaChain, its proprietary blockchain. This move aims to address the high gas fees associated with Ethereum and enhances the platform’s web3 functionalities. With the transition to GalaChain, gamers
Blockchain technology has been experiencing a tumultuous journey in East Asia, especially in China. Recent news reports have shed light on various issues plaguing the industry, from legal battles surrounding Bitcoin loans to the unexpected shutdown of the Multichain cross-chain bridge. Additionally, rumors of arrests and declining reserves have cast a shadow over cryptocurrency exchange
As the summer season progresses, the digital asset market seems to be experiencing a slump in trading activity. This is evidenced by the outflows of $107 million recorded in digital asset investment products this week. The decline in trading volumes has been significant, with weekly volumes in investment products falling 36% below the year-to-date average.
The latest data on cryptocurrency asset flows indicates a recurring trend of outflows, totaling $107 million for the week ending August 4. This continuation of negative movement, which has persisted for the past three weeks, now amounts to a cumulative outflow of $134.8 million. The primary contributor to this trend is Bitcoin (BTC), with outflows
In a bold move to solidify its position within traditional financial systems, Ripple has joined the prestigious International Swaps and Derivatives Association (ISDA). This membership places Ripple alongside industry giants like J.P. Morgan and Goldman Sachs, and marks a significant step forward in the company’s ambitions and potential growth. Joining the ISDA, an association that
Wall Street Memes, a brand-new meme coin, is quickly gaining traction in the world of retail investing. Backed by influential communities and supported by big-name crypto YouTube influencers like Joe Parys and Michael Wrubel, Wall Street Memes is making a name for itself in the crypto market. With a viral presale of its $WSM meme
Bitcoin Cash (BCH) has demonstrated its resilience with a remarkable +8.5% rally, following a period of significant downside price moves. This rally comes as holders strive to trigger a consolidation level after a -27% retracement since June 30. The altcoin faced rejection from resistance at a local high of $325, resulting in a downward slide.
Worldcoin, a global World ID verification platform, recently announced that the demand for its services doubled during its first week of launch. Despite facing regulatory hurdles in multiple jurisdictions, Worldcoin saw a significant increase in verifications, active users, and weekly account creations. Increasing Demand for World ID Verifications Worldcoin reported that the release of new
In the world of cryptocurrencies, Shiba Inu has been making waves with its recent surge in value. Far from being just another meme coin seeking attention, Shiba Inu has proven its ability to come out stronger, even in a bear market. With a solid 15% increase over the weekend, Shiba Inu is capturing the interest
The cryptocurrency market has entered a period of stagnation, with major cryptocurrencies showing minimal movement in price over the past 24 hours. Bitcoin, the leading cryptocurrency, has been trading around $29,000 for several days now, a narrow range for a typically volatile asset. In fact, Bitcoin’s recent lack of volatility has even led to comparisons
In recent days, massive XRP whale wallets have been making waves in the cryptocurrency market. These large holders of XRP have dumped over 100 million tokens, creating significant selling pressure and affecting the price of XRP. This article explores the implications of whale activity and how it influences market sentiment and price movements. Whale Selling
The cybersecurity landscape is constantly evolving, with new threats emerging every day. Blackberry, a pioneer in the smartphone industry, has recently detected several malware families that are being used to run massive campaigns aimed at stealing cryptocurrencies from unsuspecting victims. In its recent report, titled ‘The BlackBerry Global Threat Intelligence Report,’ the company highlights the
XRP, the cryptocurrency associated with Ripple Labs, saw a surge in price following a recent legal victory against the US Securities and Exchange Commission (SEC). However, this upward momentum has slowed down in recent weeks as XRP encounters resistance and begins a downward trajectory. As per the latest data from CoinGecko, XRP’s value stands at
Recent news of a groundbreaking discovery by South Korean scientists has sent shockwaves through the scientific and cryptocurrency communities alike. The team claims to have successfully engineered a superconducting material, named LK-99, that operates at ambient temperature and pressure, a feat previously thought to be impossible. This article delves into the implications of this breakthrough
The tech industry’s heavyweights, including Apple, Adobe, Pixar, Autodesk, NVIDIA, and the Joint Development Foundation, have come together to form the Alliance for OpenUSD (AOUSD). This alliance signifies a major step towards standardization, development, and evolution in the field of 3D creativity. With a clear focus on fostering interoperability among tools and data, the alliance
Leading cryptocurrency exchange, Coinbase, is not backing down in its legal battle against the Securities and Exchange Commission (SEC). In their recent shareholder letter, the company revealed its plan to file a motion to dismiss the lawsuit in its entirety. Coinbase firmly believes that none of the assets or services mentioned in the SEC’s complaint
The cryptocurrency market is no stranger to sudden surges in value, and the latest token to make headlines is TwitterDAO (TWITTER). In just ten hours, TWITTER experienced an astonishing increase of +11,800%. This exponential rise can be attributed to the growing popularity of meme-inspired tokens related to Twitter and Elon Musk. Earlier this month, investors
The co-founder and CEO of zkSync creator Matter Labs, Alex Gluchowski, has found himself in the midst of controversy. Polygon Zero, a zero-knowledge scaling firm, has accused Matter Labs of copying code from their system without proper attribution. In a blog post, Polygon Zero claimed that Matter Labs had incorporated what they referred to as
The current state of the cryptocurrency market has left altcoin investors disillusioned and doubtful about the future. Michaël van de Poppe, CEO and founder of MN Trading, sheds light on the prolonged crypto winter and its impact on altcoin markets. With the bear market lasting for more than two years, many investors are losing faith.
In a discussion with Bloomberg, MicroStrategy co-founder and former CEO, Michael Saylor, shared his perspective on the potential approval of spot Bitcoin ETFs and its impact on the company’s Bitcoin strategy. Saylor firmly stated that even if the U.S. Securities and Exchange Commission (SEC) were to approve spot Bitcoin ETF applications, it would not affect
Europe’s leading cryptocurrency exchange, Bitstamp, has created a buzz among XRP enthusiasts with a cryptic tweet teasing a significant announcement regarding the XRP token. The Luxembourg-based exchange shared a video featuring an animated XRP rocket ascending, accompanied by the hashtags #XRP, #XRPL, and #XRPLedger. While the video suggests that the forthcoming announcement could have a
The Terra Classic (LUNC) community has been tirelessly working towards reviving the ecosystem’s native token. However, recent data from a state-of-the-art crypto analysis and forecasting platform, PricePredictions, suggests that these efforts may not be enough. This article delves into the projections for the LUNC token, explores recent developments, and discusses the potential impact on its
As uncertainty looms over Curve exposure in many decentralized finance (DeFi) protocols, the founder of Aave Chan, Marc Zeller, has put forward a proposal suggesting that Aave Treasury purchases $2 million worth of CRV tokens in USDT from Curve founder Michael Egorov. This strategic move aims to demonstrate DeFi’s support for DeFi, while at the
Dogecoin (DOGE) has been making headlines recently as its price continues to decline. In the past 24 hours, the price of DOGE has dropped by 3.6%, and over the past seven days, it has seen a 5.2% decline. These figures highlight the volatility of the coin and the challenges that DOGE holders and traders are
Over the past few months, the cryptocurrency market has witnessed a frenzy of trading activities driven by the rising popularity of telegram trading bots. These bots, designed to automate trading strategies and provide users with real-time market analysis, have captured the attention of traders and investors alike. One of the latest market entrants, Base Bot
Kaspa, a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform, has been making waves in the blockchain sphere. Introduced as an alternative to Ethereum’s transition to a proof-of-stake (PoS) framework, Kaspa’s protocol has emerged as a timely solution. This article explores Kaspa’s unique nature, recent surge in prominence, and potential for growth. Kaspa utilizes a DAG-based