Mass Adoption Would Ruin Crypto. Keep It a Niche
There is an unavoidable tension between the aims of decentralization and onboarding everyday users.
Posts published on June 14, 2024 go to media archive 2/4
Dogecoin Plunges 11%, But This On-Chain Cushion Could End Decline
Dogecoin has observed a plummet of 11% over the past week, but this decline may not continue further, as DOGE is now just above a major on-chain support block. Dogecoin Is Now Just Above A Major On-Chain Demand Zone According to data from the…
Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics
Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly…
3 reasons why Bitcoin analysts believe BTC price recovery is overdue
Bitcoin price data strongly suggests that the current BTC price correction is a buy-the-dip opportunity.
Gemini reaches $50M settlement with New York AG over Earn program
Gemini Trust said that affected Earn users could expect “100% of the assets owed to them” within seven days.
Traders: Ethereum is the ‘most bullish altcoin’ as ETH reclaims $3.5K
Ether’s price holds above a crucial support level where whales are accumulating more.
Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens
On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with exchange partners to freeze the…
NEAR Protocol: From Recent Dip To Google Search Darling – Is $16 Next?
NEAR Protocol (NEAR) is making waves in the cryptosphere, surging to the top of Google searches and capturing investor attention. This newfound interest, coupled with strong activity data from blockchain analytics platform DappRadar, fuels…
Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
ONI DEX Debuts Multi-Chain Ecosystem, Launchpads, and Innovative Earning Mechanisms
ONI DEX, a trailblazing decentralized exchange, is proud to announce its launch on multiple blockchains, including GALA Chain, Binance Smart Chain (BSC), and Ethereum. The platform aims to revolutionize the DeFi space by offering a comprehensive…
Toncoin price risks correction after TON’s 34% surge in 2 weeks
The bullish scenario has TON’s price rallying 65% in July if the classic bullish continuation breakout setup plays out.
China’s Reduced Physical Gold Demand Cools Prices After May Peak
While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record…
Why tokenized real-world assets are soaring
Tokenized real-world assets have surged to a capitalization of $8 billion, outpacing Bitcoin and Ether in both market performance and volatility-adjusted returns.
Price analysis 6/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
Bitcoin and several altcoins are getting sold into rallies, increasing the risk of a downside breakdown.
Ripple invokes SEC v. Terraform case, argues for smaller civil penalty
The blockchain firm’s case with the SEC has been ongoing since December 2020, when the regulator alleged Ripple used XRP as an unregistered security to raise funds.
Analyst Who Correctly Predicted Bitcoin’s Surge And Crash Reveals Where Price Is Headed Next
Crypto analyst TechDev has provided insights into the Bitcoin future trajectory. The analyst suggested that the flagship crypto has yet to reach its full potential in this market cycle and that more price surges lie ahead for the crypto token. …
Nigerian officials drop some charges against detained Binance exec
The next court dates in Tigran Gambaryan’s case are scheduled for June 19–20, according to a family spokesperson.
The Emerging Bitcoin Modular Ecosystem
What’s modularity anyway?Modularity is the result of a curious experiment playing out in Ethereum as a reaction to the poor scaling properties of blockchains. To address this bottleneck, developers have taken the radical approach of auctioning off…
Why Institutional Bitcoin Investors Need Optimal Networks
As Bitcoin is increasingly integrated into the economy, investors are recognizing the importance of scalability. Bitcoin investors are particularly interested in the potential of this digital asset to transform not only retail establishments and…
US Bitcoin ETFs Record $226M in Outflows, Fidelity Led the Pack With $106M Exiting
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading sessions. Fidelity’s FBTC saw the largest outflows, with $106 million exiting the fund. Massive…
Meme Coin Prices Crash But Traders are Backing PlayDoge as Presale Raises $4.2M
The meme coin market is in a tailspin, with prices crashing across the board. However, one project is bucking the trend. PlayDoge (PLAY), the nostalgic gaming token, has now raised over $4.2 million in its ongoing presale as retail investors pile…
Samourai Wallet shutdown: Implications for other privacy and self-custody tools
The seizure of the Samourai Wallet website and the indictment of its founders might have implications for other privacy-preserving self-custodial tools.
MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
DOGE On The Move: Rebound To End 1-Day Bearish Move?
Despite the dominant bearish trend in the market, the well-known meme-based cryptocurrency Dogecoin (DOGE) is making an effort to recover. This unanticipated upward trend occurs even though sentiment and general market conditions are still…
Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour
Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.
Turkey targets crypto with new 0.03% transaction tax
Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes.
Decentralized ID is the next ‘killer’ Web3 use case: Cardano sustainability lead
Blockchain needs more non-speculative use cases to onboard the next billion mainstream users.
Donald Trump Proposes Elimination of US Income Tax, Introduction of Tariffs
U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On…
Red Alert For Polkadot (DOT): Double-Digit Drop Sparks Investor Fears
Donald Trump wants US to rule Bitcoin mining industry
U.S. Presidential candidate Donald Trump wants the future of Bitcoin to be red, white and blue.