06
Jun
2024
Posted in Bitcoin

Over 86% of the Bitcoin Holdings of Global Bitcoin ETFs are held by US Bitcoin ETFs

US Bitcoin ETFs are attracting a lot of attention from investors; their growth is still steady, and their impressive inflows indicate a significant change in the dynamics of the market….

06
Jun
2024
Posted in Altcoin

The yield-bearing stablecoin Lift Dollar (USDL) is introduced by Paxos International

With Argentina as its first market, Paxos International, a branch of Paxos with headquarters in the United Arab Emirates, has introduced Lift dollar (USDL), a yield-bearing stablecoin. According to Paxos…

06
Jun
2024
Posted in Altcoin

To increase the use of cryptocurrencies and financial inclusion, Tether announced a $18 million investment in XREX Group

According to a news release the firm released today, Tether, the leading company in the digital asset space, has made a significant $18.7 million investment in XREX Group, a financial…

06
Jun
2024
Posted in Bitcoin

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…

06
Jun
2024
Posted in Altcoin

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…

06
Jun
2024
Posted in NFT

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….

06
Jun
2024
Posted in Altcoin

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…

06
Jun
2024
Posted in Altcoin

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…

06
Jun
2024
Posted in Bitcoin

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,…

06
Jun
2024
Posted in Bitcoin

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…

06
Jun
2024
Posted in Altcoin

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….

05
Jun
2024
Posted in Altcoin

Connext becomes Everclear and offers a “clearing layer” for bridges with intent-based functionality

Connext, a blockchain interoperability platform, is changing its name to Everclear as part of a calculated strategic change. In addition to rebranding, the project is creating a “clearing layer” for…

05
Jun
2024
Posted in Meme Coin

BODEN Rises More Than 10%, TREMP Gains 5% Following Kraken’s Listing of the Solana PoliFi Duo

The first significant exchange that is accessible to residents of the United States to list PoliFi tokens is Kraken, which announced today that it has listed the PoliFi tokens BODEN…

05
Jun
2024
Posted in Altcoin

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…

05
Jun
2024
Posted in Altcoin

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,…

05
Jun
2024
Posted in Ethereum

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…

05
Jun
2024
Posted in Altcoin

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…

05
Jun
2024
Posted in Altcoin

StarkWare is seeking $1 million in funding to use zero-knowledge proofs to scale bitcoin

The Israeli startup StarkWare, which created the well-known Ethereum layer-2 network StarkNet and the scaling engine StarkEx, has also revealed plans to use zero-knowledge rollups to significantly expand the possibilities…

05
Jun
2024
Posted in Altcoin

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…

05
Jun
2024
Posted in Polygon

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,…