Liquid staking and the concept of liquid restaking have become significant topics in the cryptocurrency space over the past year. One platform that has been generating interest in this area is Lista DAO, which is introducing an open-source liquidity protocol designed to earn yield on collateralized cryptocurrencies like BNB, ETH, stablecoins, and other assets. The
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Bitcoin has been facing a downward trend in recent days, causing concern among investors. However, some analysts are starting to see faint bullish signals that could hint at a potential market reversal. One such indicator is the Bitcoin Taker Buy Sell Ratio, which tracks the balance between buy and sell orders on exchanges. While the
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SnakeTON, an innovative Web3 survival GameFi built on the TON platform, has been making waves within the Telegram app, leveraging its massive 900-million user base. This groundbreaking game allows players to control snakes in various game modes, aiming to become the fastest and largest snake through strategic movements, skill upgrades, and equipment enhancements. In the
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Recent events in the ongoing dispute between Nigeria and Binance have taken a new turn. The Federal Inland Revenue Service (FIRS) of Nigeria has decided to drop tax evasion charges against Tigran Gambaryan, the head of financial crime compliance at Binance, and Nadeem Anjarwalla, the exchange’s director for Africa operations. The saga began in late
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In May, KuCoin exchange’s research arm released a report on the performance of cryptocurrencies, indicating that there was a notable decrease in new investments compared to April. The report highlighted that institutional investors showed a preference for Ethereum and EVM-focused platforms during this period. During the month of May, the crypto industry witnessed the public
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The conversation surrounding when the Spot Ethereum ETFs will finally begin trading has been gaining momentum. Bloomberg analysts Eric Balchunas and James Seyffart have shared their insights on the potential launch date for these funds. Balchunas recently stated on social media that they are now looking at July 2 as the “over/under date” for the
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Bitcoin, the leading cryptocurrency, has been a subject of great interest and speculation among investors. Despite recent struggles to stay above the all-time high of $73,000, Bernstein, a well-known brokerage firm, remains bullish on the future trajectory of Bitcoin. In a recent report, analysts at Bernstein revised their long-term price forecast for BTC to $200,000
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Bitcoin has been on a rollercoaster ride in the past few days, with its price plummeting to $65,000, only to quickly recover to $70,000 before dropping again. The volatility in its price has caused over $200 million worth of liquidations from traders in the past 24 hours. Despite bouncing back slightly, Bitcoin is still down
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Asset tokenization, particularly the tokenization of securities, has been recognized by SEC commissioner Mark Uyeda as having significant potential benefits. According to Uyeda, representing asset rights with a digital token on a blockchain can offer enhanced security, transparency, and immutability. Moreover, he pointed out that tokenization eliminates the need for intermediaries, which can streamline transactions
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Recently, Ethereum has experienced a significant number of large withdrawals from centralized exchanges, indicating that crypto whales are anticipating a price recovery. The amount of ETH held on these exchanges has plummeted to its lowest level since 2016. Ash Crypto, a prominent crypto analyst, highlighted this trend on social media, pointing out the surge in
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The recent announcement by the New York Attorney General’s office regarding the settlement with Gemini has sent shockwaves through the cryptocurrency community. The recovery of $50 million for users of the defunct Gemini Earn program comes after legal charges were filed against the exchange. This entire ordeal has raised serious questions about Gemini’s practices and
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Ethereum has experienced a significant drop in price, losing about 15% since March 2024. However, on-chain data suggests that there is a bullish case for the cryptocurrency. Analysts have noted a spike in demand for ETH, especially from permanent holders, who are likely institutional investors with more substantial financial resources. These holders are not easily
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Cryptocurrency analyst TechDev has recently provided valuable insights into the future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in the current market cycle, suggesting that more price surges are on the horizon for the leading cryptocurrency. TechDev highlighted in a recent post on social media that Bitcoin blowoff
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The cryptocurrency market has been experiencing a period of stagnation in recent days, with major cryptocurrencies hovering around critical price levels. Bitcoin, in particular, has been struggling to break past the $67K mark, despite several attempts earlier in the week. Currently, BTC is trading at a 1% loss over the past 24 hours, with sellers
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