crypto
Bybit, a leading global cryptocurrency exchange by volume, has announced its integration of Fireblocks’ Off Exchange solution to enhance security and mitigate counterparty risk for institutional trades. This strategic move is designed to bolster asset protection and improve trading efficiency for institutional clients. Leveraging Fireblocks for enhanced securityBybit’s integration of Fireblocks’ Off Exchange solution marks a significant step in addressing the critical issue of counterparty risk. The Off Exchange platform allows institutional traders to execute trades on centralized exchanges t...
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The National Australia Bank (NAB) has reportedly ceased development of its Ethereum-based stablecoin, AUDN. This decision comes just a year after the bank first announced its plans to venture into the stablecoin space. The development team behind AUDN has since left NAB to pursue a new project called Ubiquity, supported by a consortium of investors including Animoca Brands, Merit Circle, and Concave. NAB’s retreat from AUDNThe cessation of AUDN development signals a significant pivot for NAB. According to the Australian Financial Review, the bank quietly discontinued the project and allowed th...
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The first half of the year has been an exciting ride, from the launch of the BTC ETF market to the SEC’s green light for ETH ETFs. With the second half promising even more gains, the three altcoins to consider are FLOKI (FLOKI), THORChain (RUNE) and Rebel Satoshi Arcade (RECQ) Their potential remains unmatched, making them some of the best cryptocurrencies to buy, especially RECQ, a novel altcoin at the intersection of memes, GameFi and NFTs. By combining the best of the biggest crypto trends and offering a low entry point as a presale meme coin, it is a bullish wave worth considering. Rebel S...
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MAGA (TRUMP), the popular meme token linked to ex-president Donald Trump stirred the crypto world with significant whale actions over the past few day. Lookonchain revealed that market-moving investors have offloaded around 473K MAGA coins, accumulating substantial returns. While investors netted significant returns, the actions come amid increased market volatility and declined fear of missing out (FOMO). Whales offload $TRUMP coinsMAGA has seen increased attention over the past few sessions, recording bullish actions as the former president magnified his crypto focus. Meanwhile, data shows p...
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Bitcoin has been in kind of a downtrend over the past month considering it’s trading at $65,000 versus the high about $72,000 in May. Still, experts remain bullish as ever on what the future holds for the world’s largest cryptocurrency. Bitcoin to end the year at $100,000Michael Novogratz – the founder of Galaxy Digital continues to see BTC hit $100,000 level this year now that the U.S. regulator has approved the ETFs and the crypto itself has gone through the halving event. In fact, by the summer of 2025, Bitcoin could be valued at as much as $350,000, as per the world renowned author of Rich...
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Bitcoin (BTC) ended the week at approximately $66,675, marking a 4.3% decrease from the previous week’s closing price of around $69,650. This downturn was characterized by stronger selling pressure than buying demand, with BTC consistently dropping on Tuesday and gradually declining further throughout the week, stabilizing over the weekend in the $66,000 to $67,000 range. End of four-week inflow streakBTC Spot ETFs witnessed net outflows last week, breaking a streak of four weeks and 19 trading days of consecutive inflows. The cumulative outflow for the week was about $580 million, reducing th...
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As the broader crypto market experiences turbulence, three tokens, PepeFork (PORK), cat in a dogs world (MEW), and Memeinator (MMTR), have garnered significant attention. These tokens have shown intriguing price movements and unique attributes, attracting investors’ interest currently on the lookout for promising tokens to safeguard their portfolios and capitalize on potential gains. PepeFork (PORK) soars 36% in a dayAs the Bitcoin (BTC), Ethereum (ETH), and a majority of the top 100 cryptocurrencies plunge, PepeFork (PORK) has been a beacon of hope, demonstrating significant upward momentum. ...
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Despite being 4% down over the past 30 days, Ripple’s XRP stands out among the three non-stablecoin asset maintaining positive momentum. Besides Ripple (XRP), the other coins in green today are Ondo and Ethereum Name Service (ENS). While Bitcoin and other major altcoins face significant downturns, XRP has managed to break through resistance levels, suggesting a potential for further growth. In this article, we analyze the recent market performance of XRP, examining the factors contributing to its resilience and exploring the cryptocurrency’s bullish outlook. Crypto market bloodbathToday, at pr...
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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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It was a sea of red in the cryptocurrency market on Tuesday morning as most cryptocurrencies tumbled. Bitcoin, the biggest crypto in the world, plunged to $65,000, triggering a major sell-off in the altcoin industry. It has now plunged by over 11% from its highest level this year. Altcoins like ICP and Quant have crashedInternet Computer (ICP) continued its sell-off, reaching a low of $7.62, its lowest swing since December last year. It has crashed by more than 61% from its highest level this year. Dogecoin, the popular meme coin was also deeply in the red as it crashed to $0.1143, 47% below i...
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