Author: Lalit Mohan

24
Jul
2024
Posted in Ethereum

Spot Ethereum ETFs produce trading volume exceeding $1 billion on their first day of trade

It was Ethereum ETH -1.18%’s turn to steal the show, seven months after Bitcoin made its dramatic Wall Street debut. Spot Ethereum exchange-traded funds, which comprise nine distinct ETFs from…

24
Jul
2024
Posted in Altcoin

Singapore grants Hex Trust, a cryptocurrency custodian, a preliminary MPI license

In an effort to grow in the city-state of Singapore, institutional crypto custodian Hex Trust has received in-principle permission for a Major Payment Institution (MPI) license. The Monetary Authority of…

23
Jul
2024
Posted in Bitcoin

Bulls in bitcoin aim for $72K following a 5-week high in the premium of BTC futures

On July 22, the price of Bitcoin (BTC) tickers down $66,860 reached an intraday peak of $68,518—its highest level in forty days. The 19.4% increases in ten days were driven…

23
Jul
2024
Posted in Bitcoin

Asia’s first inverse Bitcoin ETF will debut in Hong Kong

The CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), Asia’s first Bitcoin futures inverse product, will debut in Hong Kong on July 23. One of the biggest asset managers in…

23
Jul
2024
Posted in Altcoin

Tezos and TapNation Work Together to Launch Athletics Rush

The well-known mobile game publisher TapNation, which has more than 50 titles in its library and over 1 billion downloads, has declared that it would be launching Athletics Rush on…

23
Jul
2024
Posted in Bitcoin

July’s rebound in bitcoin on-chain measures is still strong, according to Bitfinex

After recovering 29% since July 5th, Bitcoin (BTC) hit a 38-day high of $68,560 last week. According to the most recent Bitfinex Alpha, on-chain metrics for BTC are robust. Since…

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23
Jul
2024
Posted in Altcoin

950 million people use Telegram amid the surge in cryptocurrency gaming

The popularity of games on Telegram is exploding, leading to a surge in the global user base. The CEO and founder of Telegram, Pavel Durov, declared on Monday that there…

23
Jul
2024
Posted in Bitcoin

Liquidium, a Bitcoin DeFi Platform, Offers an Unexpected Airdrop

An airdrop by Liquidium, a Bitcoin-based digital asset lending and borrowing platform, shocked both Ordinal holders and customers.  10% of the total token supply was issued during Liquidium’s token-generation event…

23
Jul
2024
Posted in Bitcoin

Cryptocurrency miner HIVE Digital plans to construct a 100 MW facility in Paraguay

HIVE Digital Technologies, a bitcoin mining company, revealed intentions to construct a new 100 megawatt (MW) cryptocurrency mining plant in Paraguay. According to a release from the company, executive chairman…

22
Jul
2024
Posted in Meme Coin

The Price of Floki Soars by Over 50% in Just a Week: Why?

Increased liquidity thanks to the new Kraken listing, which also includes USD and EUR.The canine-themed memecoin Floki (FLOKI) has surged during the last week, rising 50% from the weekly low…

22
Jul
2024
Posted in Meme Coin

Trump Memes Gain Popularity as Biden Withdraws from the 2024 US Presidential Contest

After President Joe Biden announced on Sunday that he was dropping out of this year’s election and ending his reelection campaign, meme coins featuring former President Donald Trump saw an…

22
Jul
2024
Posted in Bitcoin

July saw a very active inflow of Bitcoin ETFs, with over $41,000 BTC accumulated

According to HODL15Capital, as of July 21, the number of Bitcoin ETF purchases in the United States had surpassed 41,158 coins. July saw record inflows into Bitcoin ETFs Bitcoin ETF…

22
Jul
2024
Posted in Meme Coin

After Joe Biden withdraws, the Kamala Harris meme coin soars to an all-time high

With the help of ridiculous meme coins, such as one honoring Vice President Kamala Harris that more than doubled in value on Sunday, cryptocurrency speculators are once again placing bets…

22
Jul
2024
Posted in Altcoin

WazirX co-founder gets ready to launch a bounty scheme to find lost money

Shetty said in an X post that the bounty program was introduced early today. WazirX had originally suggested a $11.5 million total reward for locating the assets; however, the co-founder…

22
Jul
2024
Posted in BSC

Wintermute, a cryptocurrency market maker, is in talks to raise $100 million to expand its operations

In addition, Wintermute plans to issue additional shares—the exact number is still unknown. According to the sources, discussions are under progress and certain aspects are still up for debate. Wintermute…

22
Jul
2024
Posted in Meme Coin

When Joe Biden withdraws from the presidential race, the BODEN token falls 44%

In the forthcoming U.S. Presidential Election of 2024, U.S. President Joe Biden will not run for reelection. In a statement released on Sunday, Biden stated that he thought his resignation…

22
Jul
2024
Posted in Ethereum

Etherfuse, a tokenization platform, raises a seed round valued at $12.5 million

In a seed fundraising round, the tokenization platform for real-world assets (RWAs), Etherfuse, has raised $3 million. According to Etherfuse on Saturday, the financing was co-led by White Star Capital…

19
Jul
2024
Posted in DeFi

The EigenLayer exodus is the reason for a further decline in the restaking sector

EigenLayer saw the most net withdrawals in a single day in its history on July 11. At that time, the net outflows were over $135 million, or over 43,550 ETH….

19
Jul
2024
Posted in Bitcoin

Bitcoin hits a local low among signs of impending upswing in price: CryptoQuant

Analysts at CryptoQuant claim that after rising to a high of nearly $66,000 earlier this week, the price of bitcoin appears to have bottomed out. According to Thursday’s CryptoQuant Weekly…

19
Jul
2024
Posted in Metaverse & AI

Unveiling Zeebit: Sonic Platform-Based Decentralized Microgaming on Solana

Zeebit has declared that their ground-breaking decentralized risk-on microgaming platform will soon be available on Solana. This site, created especially for cryptocurrency fans, represents a major development in web3 gamification…