In the volatile world of cryptocurrency trading, the celebrity token $jenner has been at the center of dramatic financial outcomes for traders. Notably, a trader who previously earned a massive $3.7 million from trading $BOME on the Solana network faced a stark reversal with $jenner. After investing 2,620 $SOL to purchase $BOME and selling it…
Participants in the Algorand (ALGO) Global Hackathon: Change the Game have reached a significant milestone by submitting their projects. As excitement builds, many developers and entrepreneurs are eager to understand the next steps in the post-submission phase. June 3: Submission Opens On June 3, the submission phase officially opens. Participants will…
Stablecoin TrueUSD (TUSD) affiliated with Justin Sun lost nearly 80% in market capitalization after crypto exchange Binance removed several trading pairs with it. TrueUSD (TUSD), a stablecoin issued by the TrustToken platform, which currently operates as Archblock, declined by 78.9% after several TUSD pairs were delisted on Binance, analysts at CCData revealed. In its latest…
The digital gold rush is on, and this time, Wall Street’s titans are leading the charge. A recent surge in holdings by Spot Bitcoin Exchange-Traded Funds (ETFs) indicates a rising tide of institutional investment in the leading cryptocurrency. This influx of big money could propel Bitcoin prices to new heights, but not without a few…
The Ordinals protocol is composed of two key elements: Ordinals and Inscription. Ordinals allow for the serialisation of satoshis (1 BTC = 100,000,000 sats), facilitating the tracking and transfer of individual satoshis. Once serialised, content can be embedded into the transaction’s “Segregated Witness (SegWit) area” and linked to the first satoshi of the transaction output….
President Joe Biden’s re-election campaign has initiated outreach to cryptocurrency industry players, seeking guidance on future crypto policy, according to reports. This move marks a significant shift from Biden’s previously distant approach towards the industry, reflecting a growing recognition of the impact crypto-related issues could have on the upcoming presidential race. Biden campaign engages with…
Key Points: BlackRock spot Ethereum ETF has been updated to form S-1, a crucial step toward launching its spot Ethereum ETF, following SEC approval of its 19b-4 filing. While BlackRock progresses, Hashdex withdraws its bid for a spot Ethereum ETF. BlackRock updated its Form S-1 for the iShares Ethereum Trust (ETHA) with almost a week…
Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,” according to a press release. The company looks towards leveraging the…
Key Points: Cathie Wood discussed unexpected Ethereum ETF approvals and FIT21’s impact. Trump’s acceptance of cryptocurrency donations has made headlines. Wood predicts Bitcoin could reach $1.5 million by 2030. ARK CEO Cathie Wood discussed the unexpected Ethereum ETF approval progress and potential changes due to FIT21 and political influences, as per CoinDesk. Ethereum ETF Approval…
The US experienced significant changes in the crypto landscape, including increasing political support. Despite a tough stance from the SEC, approval for Spot Ether ETFs signals growing acceptance. A Grayscale survey reveals that 47% of US-Americans are considering investing in crypto. The United States has seen sweeping changes to the crypto landscape in the last…