blockchaintechnology
A leading crypto exchange, Uphold, revealed that it will cease support for several stablecoins for its European customers from 1 July. The assets in question are Tether (USDT), TrueUSD (TUSD), Pax Dollar (USDP), Gemini Dollar (DUSD), Frax Protocol, and Dai (DAI). Also, crypto exchanges such as Binance, OKX, and Kraken have modified their stablecoin listing rules. That comes as the European market awaits MiCA stablecoin rules implementation in the Economic Area on 30 June. Uphold delists six stablecoins to comply with MiCAUphold has joined the leading exchanges removing stablecoins to comply wi...
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Amidst a broader market struggling with a downturn, Toncoin (TON) stands out with its impressive performance. Currently trading at $7.83, TON has gained 5.11% in the past day, 3.94% over the week, and a remarkable 15% for the month. With a market cap of $19 billion, TON ranks ninth among the leading cryptocurrencies, according to CoinMarketCap. Toncoin hits new total value locked recordThe TON blockchain has recently achieved a record-high Total Value Locked (TVL), surpassing $600 million, as reported by DefiLlama. On Monday, the network’s TVL reached $609.78 million, a substantial increase fr...
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Cryptocurrencies are gaining increased interest in the United States’ political realm. Former president Donald Trump has displayed his positive stance on the asset class, even supporting crypto donations in his campaigns. Trump’s pro-crypto actions have seemingly grabbed the attention of the entire political arena. Congressperson Ro Khanna will host a pivotal Bitcoin strategic talk with the Biden Administration and various industry figures in Washington DC in July. Meanwhile, a new meme token, Solciety (SLCTY), looks to capitalize on this craze for solid growth during the election period. Bide...
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Galaxy Digital CEO trusts that themed digital coins, such as Dogecoin, Shiba Inu, PepeCoin, and Dogwifhat, vital in ensuring stability in the cryptocurrency sector. Memecoins aren’t going anywhereThe executive emphasized that meme assets are vital in the crypto world, describing the class as the cornerstone of the digital economy. Novogratz highlighted how themed tokens dominate financial trends as among “the most powerful narratives.” He added that meme tokens on permissionless blockchains boast over $60 billion in market capitalization. Memecoins grab investor interest amid market volatility...
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While the broad crypto market remains downbeat, AI-linked digital coins record the most declines as Apple’s WWDC failed to match the expected buzz. Market players anticipated groundbreaking advancements in AI at the annual conference. Indeed, the company announced “Apple Intelligence” and a new deal to integrate ChatGTP. However, these announcements failed to stir the markets, and Elon Musk’s warning added to the downbeat mode. The Tesla executive promised to prohibit Apple devices at his firms if the tech giant integrates OpenAI’s ChatGTP. In response to Apple CEO Tim Cook’s post, Musk added,...
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The cryptocurrency market experiences notable price fluctuations, with most assets failing to maintain upward momentum. Bitcoin (BTC) displays weakness after losing nearly 4% over the past day to hover at $66.79K during this writing. While such an outlook painted the altcoin sector red, Gnosis (GNO) defied the bearish odds with a notable uptick. GNO’s price jumped nearly 10% over the past day to $354, confirming stability amid market volatility. What triggered the Gnosis price surge?The altcoin has maintained an upside stance lately, gaining around 25% within the past month. Meanwhile, news ab...
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The crypto market entered another buying frenzy in June. Meme coins like Dogecoin, Shiba Inu, and Pepe have experienced huge inflows, causing their prices to spike. However, given the volatility of themed tokens, some investors are choosing to buy an alternative project. Rollblock is an exciting new GambleFi casino that offers revenue share for token holders. Here’s why it could outperform major meme coins. Crypto analyst anticipates 10x Pepe rallyMany cryptocurrency experts believed that Pepe peaked at $0.0000172. However, Crypto Rover, a popular market analyst, has taken to X to express supp...
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The cryptocurrency market displays weakness as bears showcase their dominance. Bitcoin (BTC) lost nearly 3% over the past 24 hours, triggering notable slides in the altcoin sector. Meanwhile, PepeCoin (PEPE), Uniswap (UNI), and Bitbot (BITBOT) signal potential bounce-back with enough momentum for long-term uptrends. Let’s find out more. Crypto whales rescue PEPE from heightened volatilityPepeCoin changed hands at $0.00001167 at press time, following a 7.5% and 20% daily and weekly plunge. The significant slide comes after PEPE outperformed the market lately to hit all-time highs. Meanwhile, ac...
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Donald Trump’s cryptocurrency portfolio attracted attention last week as it mushroomed past the $30 million mark. The launch of a new meme asset, TROG, propelled the billionaire’s crypto balance toward $34 million. However, the upside was short-lived, as market volatility gradually dragged Trump’s crypto portfolio to press time values of $16.71 million, down by over 50% from recent highs. Memecoins fluctuations dent Trump’s crypto balanceThe latest meme coin craze cemented Trump’s presence in the crypto world, with tokens like STRUMP exploding to ATHs. Meanwhile, the TROG launch magnified opti...
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Crypto intelligence platform Spot On Chain revealed significant transactions involving a dormant whale. The wallet, belonging to Tron’s founder Justin Sun, transferred tokens worth around $21 million to Binance. Sun’s diversification in the DeFi worldThe significant transaction involved 93,979 $AAVE (worth $11.26 million), 3,800 $MKR (valued at $9.3 million), 4,178 $COMP (worth $245K), and $217K in 203,623 LQTY coins. Aave (AAVE) and Compound are leading protocols in the decentralized finance industry, allowing players to participate in crypto borrowing and lending. The enormous investment in ...
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