41% of top ZK airdrop wallets have already sold everything: Nansen
The data covered the “top 10,000 addresses” that received zkSync’s new ZK token, though that only makes up 1.4% of the total wallets eligible for the ZK airdrop.
Posts published on June 17, 2024 go to media archive 1/4
‘No clear catalyst’ for bloodbath as top altcoins fall double digits
Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflow.
Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why
Prominent crypto analyst Jelle has projected Ethereum (ETH) to surge to $5,000 by the end of this year. This prediction comes with a notable reason from a technical perspective. Ethereum Rally: Setting the Stage For New Peaks Jelle’s forecast…
MATIC Price Prediction: Can Polygon Recover From The Recent Crash?
MATIC price is down over 15% and tested the $0.5150 support. Polygon is slowly recovering, but the bears might be active near $0.5650 and $0.5720. MATIC price started a fresh decline from the $0.6285 resistance zone against the US dollar. The price…
Zimbabwean Regulators Develop Framework for Virtual Assets Trading
The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual asset trading. The framework aims to provide clear legislation, client protection under the Data…
XRP Bulls Flex Muscles: Potential Uptrend in Play?
XRP price dipped but the bulls were active near the $0.4700 support. The price reclaimed the 100-hourly SMA and might continue to rise if it clears $0.4950. XRP price found support at $0.4700 and started a recovery wave. The price is now trading…
Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head
Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets
South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews…
Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?
Ethereum price declined again and retested the $3,365 support zone. ETH could start a fresh increase toward $3,700 if it stays above $3,365. Ethereum is still holding the key $3,365 support zone. The price is trading below $3,550 and the 100-hourly…
Bitcoin Price Slide: Extends Losses Amid Increased Selling Pressure
Bitcoin price extended its losses and traded below the $65,000 level. BTC is showing bearish signs and might extend losses below the $64,600 level. Bitcoin remained in a bearish zone and traded below $65,000. The price is trading below $66,000 and…
Tether Unveils aUSDT: A New Gold-Backed Digital Currency For Payments – Details
Tether, the issuer of the largest stablecoin in the cryptocurrency market, USDT, announced Monday the creation of a new synthetic dollar backed by gold. The token, aUSDT, was developed on the company’s Alloy by Tether platform. By leveraging…
Tanzania Targets Crypto Traders With Proposed Income Tax Act Amendment
Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as…
Trump token dumps 31% despite doubts he’s behind the DJT token
Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team.
TikTok could soon be flooded with AI avatars in ads
TikTok’s new tools include AI-powered digital avatars that brands can dub over and use to sell their products in multiple languages.
Toncoin (TON) Hits New ATH, Is $10 The Next Stop?
Toncoin (TON), the native token of The Open Network, has had one of the best performances this cycle. The token has hit a new all-time high (ATH) twice this Friday and flipped Ethereum’s active users this week. Market watchers believe this breakout…
Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El…
Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage
The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of…
Is The CRV Painful Dip Over? This Event In August Could Spark A Rally
CRV, the native token of the stablecoin decentralized exchange Curve Finance, has been dumping in over the last year or so. After last week’s plunge, the token fell by as much as 75% from March 2024 highs, a huge concern for token holders…
Signal boss slams EU’s latest ‘upload moderation’ surveillance ploy
The Chat Control law is aimed at combating child exploitation material, but Meredith Whittaker said it’s just the latest proposed tactic to undermine encryption.
Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team
ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program
ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the…
PoliFi Tokens Down Double Digits on Claims DJT Token Has Trump's Backing
The former president's son Barron is spearheading the project, Pirate Wires reported on X, without naming its sources.
SEC’s Crypto Enforcement Chief Departs After 9 Years
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against…
Crypto Analyst Predicts XRP Price Will Rally 102,590% To $500, But There’s A Catch
A crypto analyst has revealed a timeframe for XRP, the native token of the XRP Ledger (XRPL) to witness a substantial 102,590% rally. If this price surge occurs, XRP’s current modest value could skyrocket to an impressive $500 during this bullish…
JPMorgan Questions Sustainability of $12 Billion Crypto Inflows
JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been…
Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says
Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets.
TON Blockchain’s TVL Skyrockets 100% In Record Time, Analysts Bullish On Next Price Targets
Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, has recently experienced notable price appreciation and rapid growth in its ecosystem. After a period of consolidation between $1 and $2 since 2022, TON’s price has…
Crypto Super PAC spends $2M on attack ad targeting NY lawmaker
Democratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the last 30 days.
Ethiopia takes first step toward CBDC in economic reform
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”
Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions
According to Venezuelan dissidents and cryptocurrency analysts, the government of Venezuela is likely to keep using crypto to bypass the returning sanctions on oil and gold activities. Even when Nicolas Maduro’s administration seems to have…