Ethereum, the second-largest cryptocurrency by market capitalization, had an impressive week with a 12% price increase. This recovery came amidst a market-wide rally, allowing ETH to establish $3,300 as a key support level. The next target for Ethereum is $4,000, which also serves as a crucial resistance level. The optimism in the market is palpable,
Gods Unchained has been making a significant impact in the NFT gaming world, with its recent surge in activity showcasing its growing popularity. Standing out among other games in the market, the unique gameplay and engaging experience offered by Gods Unchained has captured the attention of many players. The native token of the game, GODS,
Shiba Inu, a popular meme coin, recently experienced a substantial increase in its burn rate, with an impressive 450% surge in the past 24 hours. This surge led to around 50 million tokens being sent to a null address, reducing the circulating supply and potentially increasing scarcity. Despite the USD equivalent of the burn being
Ethereum co-founder Vitalik Buterin has recently spoken out against the trend of solely supporting political candidates based on their pro-crypto views. He emphasized the significance of broader values such as individual freedoms and technological advancement. Buterin warned that a myopic focus on cryptocurrency could potentially undermine the fundamental principles that sparked the industry’s movement. Buterin
BlockFi, a crypto lender that recently emerged from bankruptcy, has taken a significant step towards repaying its clients. The company announced that it would begin the first interim distribution of funds to its clients through Coinbase. This process will start in July and continue in batches over the following months. According to BlockFi, eligible clients
DeFi Technologies, a prominent Canadian fintech company, has been making significant waves in the cryptocurrency market lately. With a core focus on diversifying its treasury strategy, the company recently announced the acquisition of another 94.34 BTC, adding to the 110 BTC it initially purchased in June. In addition to Bitcoin, DeFi Technologies has also ventured
Upon analyzing the insights provided by crypto analyst Rekt Capital, it is essential to approach the predictions regarding Bitcoin’s future trajectory with skepticism. While Rekt Capital suggests that Bitcoin may not be ready for its next leg up just yet, claiming that it could climb back above $70,000, it is crucial to question the basis
The Basel Committee on Banking Supervision recently announced the release of its final disclosure framework for banks’ crypto exposures. This framework, known as DIS55, aims to enhance transparency and ensure a consistent regulatory approach in the fast-growing field of digital assets. The new standards are set to take effect on Jan. 1, 2026. Under the
Bitcoin’s price has been on a rollercoaster ride, experiencing a recent recovery from a period of bearish price action. The market is currently showing signs of upward momentum, with a potential new all-time high on the horizon. At the $56K support level on the daily chart, the price has found solid ground. Additionally, reclaiming the
Stardust has introduced Starbase, a revolutionary platform that brings together consumer rewards and social gaming in a unique way. This platform seamlessly integrates player rewards and social gaming into a single space filled with exciting missions and challenges, catering to both casual and hardcore gamers alike. A significant aspect of Starbase is the missions that
Crypto exchange OKX has recently announced its selection of Malta as its Market in Crypto-Assets (MiCA) hub. This move was made in order to better serve the 450 million residents of the European Union. By choosing Malta, OKX aims to provide services that comply with local regulations while also ensuring seamless deposit and withdrawal connectivity
Recently, blockchain security firm Cyvers Alert reported that the Indian exchange WazirX fell victim to a security breach, resulting in the loss of around $235 million. According to Cyvers Alert, multiple suspicious transactions took place involving WazirX’s Safe Multisig wallet on the ETH network, with a total of $234.9 million being moved to a new
The German government recently made headlines for selling off all of its Bitcoin holdings in just two weeks. The reason behind this massive Bitcoin dump was revealed in a statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. The sale, which began on June 19, 2024, and concluded on July
In a bold move towards revolutionizing the blockchain gaming industry, MON Protocol has recently unveiled its new investment fund, MON Ventures. This venture is set to empower blockchain gaming studios worldwide by providing them with the necessary support and resources to thrive in a rapidly evolving landscape. Headed by former senior executives from renowned gaming