Author: Puskar Pande
Traders of Bitcoin Options Forecast an Imminent Breakout Above $74K to New High Prices
According to market data, traders of Bitcoin (BTC) options are progressively positioning themselves for the currency to reach new highs this month. In a market update on Wednesday, digital asset…
Users can now officially access Coinbase Smart Wallets
The introduction of smart wallets on Wednesday marked the latest breakthrough from prominent cryptocurrency exchange Coinbase. Users Are Introduced to Coinbase Smart Wallets With the goal of streamlining onboarding procedures…
Web3 Gunman Mints’ First-Ever “Mongrel NFT” Collection
A total of 1,750 free-to-mint NFTs were provided, and more than 1,000 Mongrel NFTs were obtained using OpenSea guaranteed places. Later in 2024, Shutdown plans to issue its $FUSE coin….
Yield-Generating Stablecoin Lift Dollar Revealed via Paxos
The Lift Dollar (USDL), a yield-generating stablecoin authorized in the United Arab Emirates (UAE), has been released by cryptocurrency trading platform Paxos, the firm announced on Wednesday. The stablecoin is…
ZK-Rollup Taiko Achieves A $2 Billion Fully Diluted Valuation By Airdropping A Token
Taiko, a Layer 2 scaling network, launched the cryptocurrency at a fully diluted valuation (FDV) of $2.1 billion and a market capitalization of $110 million, marking the beginning of the…
Bitcoin ETFs Continue Their Winning Inflow Trend; BlackRock’s IBIT Exceeds $20B in Total Assets
Yesterday, the U.S.-based spot bitcoin ETFs had net inflows for 15 straight sessions. BlackRock’s iShares Bitcoin Fund (IBIT) reached over $20 billion in assets under management for the first time,…
Bitcoin Holdings in El Salvador Now Amount Above $400 Million
El Salvador is firmly establishing itself as the world’s pioneering adopter of Bitcoin. According to Bitcoin Magazine, the country in Central America is a true pioneer in the integration of…
Avail Completes a $43 million funding round to increase rollup interoperability and expand data availability
Some of the other investors in Avail are Hashkey, Elixir Capital, Spark Digital Capital, KR1, RW3 Ventures, Chapter One, Superscrypt, Nomad Capital, SevenX, Figment, LocalGlobe, Altos Ventures, and Foresight Ventures….
Hyperliquid TVL Exceeds dYdX to Reach All-Time High
Random-number-based decentralized trading In terms of total value locked (TVL), Hyperliquid has already overtaken dYdX as it continues to rise in the DeFi rankings. DefiLlama claims that Hyperliquid has $530…
IOTA Unveils Layer 2 Solution, IOTA EVM!
With the release of IOTA EVM, a Layer 2 solution that works with the Ethereum Virtual Machine (EVM), IOTA has made a ground-breaking announcement. Smart contracts, cross-chain capabilities, parallel processing,…
K33 Research Says That Ether Price Is Set for Supply Shock as ETFs Could Draw $4B in Inflows in Just Five Months
According to a research by crypto analytics firm K33 Research, Ethereum-based exchange-traded funds (ETFs) that can directly store ether (ETH) are shortly to arrive in the United States and might…
Pavel Durov of Telegram Shrugs Off Notcoin, NOT Increases 10%
According to Durov, in just two weeks, the value of NOT tokens provided by Notcoin’s creators increased fourfold. His account’s assets, which were originally valued at $6.8 million, have now…
XRP ETF to Launch by 2025, According to Ripple CEO, Amid Growing Interest in Cryptocurrency Market
His hope stems from the expanding interest in a variety of cryptocurrency ventures as well as the changes in US regulations. Crypto ETFs, in the opinion of Ripple CEO, are…
Zero-Knowledge Cryptography Company Toposware is Acquired by Polygon
The primary developer of the Polygon blockchain, Polygon Labs, revealed on Tuesday that it has purchased Toposware, a blockchain research company that contributed to the creation of Polygon’s Type-1 prover,…
Google and Magic Leap Collaborate to Transform Extended Reality Technologies
Google and Magic Leap have established a partnership to develop cutting-edge extended reality (XR) technologies by fusing Magic Leap’s state-of-the-art optics with Google’s robust infrastructure. This partnership aims to enhance…
Last month, Solana saw the introduction of around half a million tokens
In May, developers released about 500,000 tokens on the Solana blockchain in response to reduced entry restrictions and the growing ambition to produce a successful memecoin. 455,000 coins were generated…
Matter Labs abandons its contentious “zero-knowledge” trademark attempt
On June 2, Matter Labs, the company that created the Ethereum layer-2 network zkSync, declared that it would no longer be pursuing trademark applications for “zero-knowledge (ZK).” The company was…
Prior to new crypto regulations, Binance would restrict uncontrolled stablecoins in the EU
According to a statement issued on June 3, Binance will restrict the sale of “unregulated stablecoins” in the EU by June 30 in accordance with the impending Markets in Crypto-Assets…
Tuesday marks the launch of the first Bitcoin ETF in Australia
The ETF, which is represented by the symbol IBTC, will have a 0.98% management fee. The fund’s issuer, Monochrome Asset Management, makes it available to investors so they can use…
With Mad Lads PFP, Iggy Azalea goes full Solana as MOTHER approaches a $90 million market capitalization
Just a few days after its launch, rapper Iggy Azalea’s MOTHER token on Solana saw a spike in trading activity over the weekend, rising to an all-time high price on…