Bitcoin’s price stood tall above $66,000 for a few days and even challenged $67,000 on a couple of occasions but to no avail. The subsequent rejection brought enhanced pain for the bulls and over-leveraged traders with long positions, as the total value of liquidations on a daily scale has soared to more than $200 million. […]
Standard Chartered Bank analyst and head of digital assets research, Geoff Kendrick, believes bitcoin (BTC) will likely trend higher following the halving due to lower leveraged positions in the market. Speaking to BNN Bloomberg during an interview over the weekend, Kendrick said the current market environment, which has lower leverage, could propel the value of […]
Balaji Srinivasan – the popular venture investor and Coinbase’s former Chief Technology Officer (CTO) – believes Bitcoin Maximalism is due to gain steam as a philosophical and economic belief system. In a Twitter post on Wednesday, the entrepreneur argued why faith in the existing financial system is bound to erode over time as the U.S. […]
São Paulo-based Nubank announced the launch of a new feature that allows withdrawals and deposits of Bitcoin and cryptocurrencies. With this latest move, customers will now be able to send and receive Bitcoin, Ethereum, and Solana using the Nubank app. The withdrawal and deposit options are now available, allowing users to check the functionality on […]
[PRESS RELEASE – Victoria, Seychelles, April 24th, 2024] FOMO BULL CLUB, a decentralized, community-driven platform, is thrilled to announce the launch of its inaugural meme coin launchpad on the Base blockchain. This pioneering platform empowers the community to play a pivotal role in meme coin creation, launch, and protection from scams and rug pulls. With […]
More traditional finance firms in the United States are jumping on the crypto bandwagon and giving their clients access to the burgeoning sector. This is seen in the increasing portfolio allocation given to crypto investment products. A tweet by Bloomberg exchange-traded fund (ETF) analyst Eric Balchunas has revealed that two U.S. investment advisors, Legacy Wealth […]
[PRESS RELEASE – Dubai, United Arab Emirates, April 24th, 2024 Me3, a prediction platform that integrates digital asset ownership with live events, Web 2.5 gaming & eSports interaction, announces its private sale on the Yield App Angel Launchpad. Yield App, a well-known crypto platform that bridges the gap between traditional finance and the innovative world of […]
[PRESS RELEASE – San Francisco, CA, United States, April 23rd, 2024] SKALE, having surpassed 300 million total transactions in January and maintaining over 30 million transactions monthly, offers projects a platform free from the usual impediments found on other blockchain networks, such as minting fees or gas costs. SKALE Network, a gas-less EVM-compatible blockchain designed […]
Zircuit, an EVM-compatible ZK Rollup, has reached a milestone as its staking Total Value Locked (TVL) has surpassed $2 billion. This comes after users deposited more than $80 million into the project in the last 24 hours. Although still in the testnet phase, the mainnet launch is anticipated later this summer. Zircuit Staking Deposits Surpass […]
SEC lawyers Michael Welsh and Joseph Watkins resigned this month after the regulator was sanctioned by a federal judge in a crypto case against Digital Licensing Inc., otherwise known as DEBT Box. Judge Robert Shelby found that the SEC made false statements, misrepresentations, and lacked evidence in its case against the digital asset firm in […]