Author: Puskar Pande

14
May
2024
Posted in Bitcoin

CAD $1.3 trillion The Bitcoin ETF Holdings of Bank of Montreal Have Been Made Public

In a recent 13F filing with the US Securities and Exchange Commission (SEC), Bank of Montreal (BMO) disclosed its interests in Bitcoin Exchange-Traded Funds (ETFs). SEC filing reveals the holdings…

14
May
2024
Posted in Bitcoin

Biden forbids property ownership by a Chinese-backed cryptocurrency mining company close to a US missile station

Citing worries about potential threats to national security, President Joe Biden issued an order preventing a cryptocurrency mining company with a majority Chinese ownership from owning land adjacent to a…

14
May
2024
Posted in Bitcoin

As mining revenue declines, bitcoin miners are ready to sell their bitcoins: Kaiko data

According to data from the cryptocurrency research and analytics company Kaiko, a significant bitcoin selloff is probably imminent since the token’s miners are under pressure to sell their holdings due…

13
May
2024
Posted in Bitcoin

The Bitcoin Premium in South Korea Drops But Is Still Higher Than Global Average

The bitcoin (BTC) premium in South Korea is declining, according to recent measures. As of May 11, 2024, the premium dropped to 2.79% from 12% in March, according to data…

13
May
2024
Posted in Ethereum

The last 68 days have seen a nearly 94% decrease in Ethereum transaction fees

This week, bitinfocharts.com announced that the average cost of transacting on the Ethereum blockchain dropped dramatically to around 0.00065 ETH, or $1.91, per transaction. Furthermore, data gathered by the gas…

13
May
2024
Posted in Meme Coin

You can now purchase Nike, PS5, and Airbnb with Shiba Inus

This calculated action enables SHIB holders to reserve services like Airbnb and buy goods from well-known brands like Nike. By serving as a conduit between cryptocurrency and conventional finance, the…

13
May
2024
Posted in NFT

One million plush units have been sold in less than a year, according to Pudgy Penguins

In a video uploaded on X, Pudgy Penguins, one of the top ten NFT collections by volume traded, revealed that it had sold more than a million plush toys through…

11
May
2024
Posted in Altcoin

420M KNINE Giveaway with the New Shibarium Node Validator K9

Custodians of Shiba Inus have become curious about Shiba Inus’s (SHIB) future Liquid Staking Derivatives (LSD) platform on Shibarium Layer-2.  The dynamic staking platform’s decentralized autonomous organization (DAO), K9 Finance…

11
May
2024
Posted in Meme Coin

Top 3 meme coins: Bonk, Shiba Inu, and Dogecoin: A report reveals that about 140 new meme tokens have debuted

138 new meme currencies were added to CoinMarketCap in April. The real figure might be far higher because, according to analyst Crypto Koryo, CoinMarketCap only covers 10% of all tokens….

11
May
2024
Posted in Altcoin

To connect liquidity across the Cosmos, Solana, and EVM chains, Euclid launches a liquidity layer

Euclid Protocol announced the creation of its shared liquidity layer, which powers virtual pools built on Nibiru Chain and links the Cosmos, Solana, and Ethereum Virtual Machine-based ecosystems. The goal…

11
May
2024
Posted in Altcoin

Ripple participates in the DeRec Alliance’s asset recovery program

The association wants to make digital asset implementation and recovery easier. Users may retrieve their personal data even in the event that they misplace their smartphone or another device used…

11
May
2024
Posted in Policy and Regulation

Taiwan suggests more stringent AML regulations for cryptocurrency service providers

The Ministry of Justice in Taiwan has suggested changes to the current Anti-Money Laundering (AML) legislation, which may result in fines of up to $1.5 million and jail terms of…

11
May
2024
Posted in Altcoin

Polkadot user engagement records despite declining prices

As of the end of April, the network had approximately 650,000 active addresses on-chain, according to data from DotLake. The increase maintains the upward trend that saw the quantity of…

10
May
2024
Posted in Meme Coin

Demand for Memes Is Higher Than Ever With WIF and Fast Money Chasing Pepe, Says Analyst

The pause in the Bitcoin boom hasn’t stopped the meme coin season from moving forward. According to anonymous researcher Crypto Coryo, data tracking website CoinMarketCap recorded a record 138 meme…

10
May
2024
Posted in Meme Coin

Meme Coins TRUMP and BODEN Rise Following the Former President’s Meeting With NFT Holders

Following the meeting between former president Donald Trump and holders of his NFT collection, the popularity of election-themed meme coins featuring American politicians has skyrocketed overnight. Doland Tremp (TREMP), a…

10
May
2024
Posted in Meme Coin

Binance Acquires 357.3 Billion PEPE Following Significant Meme Coin Development

After removing a sizable amount of meme coins from Binance, Lookonchain declares the creation of a new PEPE whale. It happened after the popular parody cryptocurrency, PEPE, saw a roughly…

10
May
2024
Posted in Altcoin

zkSync ‘hyperchain’ Sophon sells nodes to raise $60 million

Through a node sale, Sophon, a zkSync “hyperchain” or Layer 2 network being developed with Matter Labs’ modular, open-source ZK Stack platform, has raised almost $60 million. 200,000 nodes were…

10
May
2024
Posted in Altcoin

With A New Investment In CityPay.io, Tether Enters Eastern Europe

With a fresh investment in CityPay.io in Georgia, Tether extends its reach into Eastern Europe. The money will go toward new card and e-wallet options. With a new investment in…

10
May
2024
Posted in Bitcoin

US Bitcoin Funds See Mixed Results as GBTC Losses Counterbalance Other Gains

Fidelity, Ark Invest, and Invesco Announce Increases While GBTC Faces New Challenges The publicly traded spot bitcoin ETFs that are active in the US had $1.17 billion in trade volume…

09
May
2024
Posted in Altcoin

Polkadot introduces asynchronous backup to increase transaction speed and network efficiency

A crucial improvement that has improved the network’s overall performance and flexibility in blockspace allocation is Polkadot’s implementation of asynchronous backing. Together with Elastic Scaling and Agile Coretime, the upgrade…