crypto
The Hashgraph Association and DeFi firm Valour Inc. grabbed the attention of crypto investors with their latest partnership. The duo has joined forces to introduce the first Valour Hedera exchange-traded product (ETP), launched on 18 June in the Frankfurt Stock Exchange (FSX) at the closing bell ceremony. According to the press release, This new product underscores Valour’s commitment to expanding its portfolio of ETPs and enhancing market accessibility for digital assets on traditional exchanges. The development gained massive traction within no time, as Hedera seemingly followed strides of B...
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LayerZero Foundation has opened an eligibility checker for its users ahead of the token’s airdrop. In an announcement on June 19, LayerZero Labs CEO Bryan Pellegrino confirmed the eligibility checker was live. The site allows the community to verify eligibility ahead of the ZRO airdrop expected on June 20, 2024. Users need their wallet addresses to confirm this. However, they must meet certain, including transactions or interaction with dApps within the LayerZero ecosystem. LayerZero revealed plans for a ZRO airdrop in 2023LayerZero announced its ZRO token launch in December and revealed the s...
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Dogecoin (DOGE) has recovered from its gloomy performance with a notable price jump over the past day. The meme token gained nearly 3% on its daily chart to hover at $0.1259 during this publication. Positive comments from BitMEX founder Hayes and the latest statement about X Payments LLC excited Dogecoin enthusiasts, triggering the price uptick. Arthur Hayes recently affirmed that he will increase his investments in DOGE and Pendle. He has been somewhat vocal about the themed token, even forecasting a Dogecoin ETF soon. The endorsement shows Haye’s confidence in Dogecoin’s future potential. Fu...
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Ethereum bulls, rejoice: Consensys brings good news about the cryptocurrency – and it’s from the SEC. A few hours ago, software company Consensys took to X (formerly Twitter) to say that United States regulator the Securities and Exchange Commission had just informed Consensys that it’s in the process of concluding and closing the longstanding investigation by the SEC into ETH. A major win for ETHQuirkily titled ‘Ethereum survives the SEC’, Consensys described it as a ‘major win’ for Ethereum developers, technology providers, and industry participants, saying that: The Enforcement Division of ...
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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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