Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets.
Solana Labs, the company behind the Solana blockchain, has partnered with communications startup Dialect to introduce a new product called Actions and Blinks. According to a June 25 statement, Access Protocol, alongside other notable blockchain projects like Jupiter, Backpack, Tensor, and Sphere Labs, will integrate Solana Actions and Blinks into their operations. How Access protocol […]
The post Access Protocol taps Solana’s Actions and Blinks for streamlined user experience appeared first on CryptoSlate.
The post Notcoin Burns $3M Worth of Tokens: What This Means NOT Price appeared first on Coinpedia Fintech News
Notcoin from the TON blockchain has made headlines by burning $3 million worth of tokens, a move that has caught the attention of cryptocurrency traders and investors. This significant burn comes alongside impressive tokenomics and ongoing development efforts, setting the stage for potential future growth. Read on to know more about the development. Notcoin Tokenomics …
Web3 music platforms offer musicians and creators the opportunity to tokenize their content in exchange for more connectivity with their community — but what do musicians actually think?
54% of Japanese institutional investors plan to invest in crypto over the next three years, citing portfolio diversification and high return potential as key drivers.
Recent on-chain data shows that Shiba Inu (SHIB) whales may have contributed to the recent decline in its price. The meme coin’s recent decline has put its blue-chip status in doubt, although this trader is still confident in Shiba Inu’s potential. Shiba Inu Large Transactions On The Rise Amid Market Decline Data from the market […]
Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts.
Silke Noa calls for detailed accounting from Wau Holland Foundation on the $37M spent on Assange's legal defense.
The post Bitcoin Price Drops To Its Multi-month Low, Ethereum Price Stuck Around $3.3K Mark! appeared first on Coinpedia Fintech News
The cryptocurrency market continues to display a bearish price action with the market leader, Bitcoin price hovering close to its $60,000 mark with a 24-hour low of $58,601.70. Reportedly, the BTC coin has recorded a correction of 5.54% within the past seven days. On the other hand, the altcoin leader, Ethereum price, has failed to …
Bybit became the world’s second-largest crypto exchange, while the leading exchange, Binance, has lost some market share due to previous regulatory issues.
In a new video titled “If I Had To 10X My Money, I’d Only Hold These 4 Altcoins!” aimed at shedding light on potential bull market leaders, renowned crypto analyst Miles Deutscher dissected the crypto landscape to pinpoint four altcoins that he believes could significantly outperform the market. His insights came in response to a query from his Discord channel about potential 5x to 10x gains during the current bull market. Deutscher believes that success in the crypto markets doesn’t necessarily come from holding a vast array of coins but rather from carefully selecting a few that have strong potential narratives. He articulated this during his presentation, stating, “You don’t need to own 30, 40, 50, 60 altcoins in order to get your desired returns. In fact, if you select the right coins and pick the right narratives, you could potentially succeed in this market with three, four, or five altcoins.” He also provided strategic insights into the typical market behaviors during the summer, a period he describes as a regular seasonal downturn across the crypto industry. He used historical data to support his claim, emphasizing that even during bullish years, cryptocurrencies have suffered during the summer months. Deutscher reassured his viewers by saying, “Even in the most bullish years for crypto, like 2021, majors were looking really bad during summer months […] so why would you now start to panic?” Deutscher’s Top 4 Altcoin Picks Deutscher chose coins based on their potential for significant returns and their strategic position within the market: #1 Ethereum: ETH holds the premier position in Miles Deutscher’s selection due to its established role as the leading smart contract platform in the crypto sphere. Ethereum’s upcoming catalysts, particularly the anticipated approval of US spot Ethereum ETFs, are seen as significant potential value drivers. Deutscher underscores its importance by stating, “Ethereum sits at a $428 billion fully diluted valuation versus Bitcoin which sits at $1.2 trillion. I think Ethereum is at a reasonable market cap now.” Related Reading: ‘Crypto Winter’ Arrives Early For The Altcoin Market As Venture Capital, Founder Selloffs Mount He doesn’t predict a 10x return from Ethereum in this cycle, but he values its potential for steady growth, making it a cornerstone in a well-diversified crypto portfolio. Deutscher further supports his choice by noting the technical aspects: “Ethereum has been in a strong uptrend all the way since $1,500,” indicating its resilience and bullish trends. #2 Pepe: PEPE, a meme coin with a strong cultural footprint, is Deutscher’s second pick. He believes Pepe could perform exceptionally well in a favorable market environment, driven by its strong mindshare and position as a leading meme coin alongside giants like Dogecoin and Shiba Inu. Deutscher explains, “Pepe is not only the strongest proxy to trade Ethereum’s risk-on proxy that is, but it’s also one of the meme coins in the market with the strongest mind share behind DOGE and SHIB.” #3 Solana: SOL is chosen for its technological prowess and its significant adoption among developers and users in the crypto community. Deutscher views Solana as a potent mix of innovation and market potential, saying, “Solana has been the home of meme coins, it’s been the home of degeneracy. It’s made strides in terms of its technology adoption, lots of devs building on Solana.” He acknowledges the high valuation of Solana but suggests it offers a favorable risk-reward balance, predicting that “SOL could potentially go to $1,000 in a really crazy market.” Solana’s potential to scale and its strong community engagement positions it as a robust candidate for substantial mid-term gains. Related Reading: Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million #4 WIF: Dogwifhat complements Solana in Deutscher’s portfolio, serving as the meme coin counterpart to Solana’s technological base. WIF, according to Deutscher, balances the conservatism of more established coins like Ethereum and Solana with a higher risk and potentially higher return profile. He believes WIF is a key player in the meme coin sector and a strategic pick for those looking to capitalize on volatile market segments. He remarks on its performance and strategic positioning, “WIF has been a major sell-off; it’s actually trading below a major range low […] But if you believe in WIF like I do as a cycle long meme coin bet and a Solana play, you could just average in the lower it goes.” Crypto Investment Strategy And Practical Advice Deutscher’s overarching strategy blends conservative, foundational investments with higher-risk, potentially high-reward opportunities. He advocates for a portfolio construction that involves a strategic division between core holdings (80%-90%) and speculative bets (10%-20%). This approach, he argues, allows investors to capitalize on the upside while managing risk effectively. Reflecting on the importance of market timing and portfolio positioning, Deutscher advised his audience, “It’s about accumulating on major dips […] and it doesn’t really matter what happens in the interim.” He emphasizes long-term gains over short-term fluctuations, advising investors to stay the course through market ups and downs. At press time, ETH traded at $3,372. Featured image from iStock, chart from TradingView.com
Solana Actions and blockchain links will allow users to create and share transactions via a URL on websites, social media platforms and physical QR codes.
The post Bitcoin ETFs Loose $174 Million After Mt Gox Creditors Repayment News Next Week appeared first on Coinpedia Fintech News
The spot BTC ETF outflows amounted to $174 million yesterday after it was revealed that Mt Gox’s creditors will start getting reimbursed beginning next week. In the past five trading sessions, Bitcoin ETFs have seen net outflows of $714 million. Grayscale’s GBTC fund saw the highest outflow of $90 million, while Fidelity’s FBTC fund witnessed …
The post Binance CEO Richard Teng Bullish on Bitcoin Despite Recent Price Drop: Here’s Why appeared first on Coinpedia Fintech News
Binance CEO Richard Teng remains optimistic about Bitcoin (BTC) despite its recent price drop to $58K. On June 25, Teng shared a post on X and mentioned, “It’s hard to not be bullish,” giving rise to global discussions. Also, he highlighted the increased BTC adoption across the globe, reflecting on factors like significant rise in …
The post Fed Governor Bowman: No Rate Cuts Until 2025, Crypto Market Faces Further Decline appeared first on Coinpedia Fintech News
Federal Reserve Governor Michelle Bowman that interest rate cuts are unlikely before 2025, and maintained a careful position amid the current economic uncertainty. Although there has been modest progress in controlling inflation in the U.S., it continues to be elevated, compelling the Fed to stick to its current policy. In addition, Bowman’s statements come prior …
The Base blockchain continues to grow – with two joke tokens making headlines this week. Brett (BRETT), Base’s largest meme coin, has surged almost 20% in the past 24 hours. Hot on its tail, newcomer Base Dawgz (DAWGZ) is also causing a stir, having raised over $2 million since its ICO went live at the beginning of the month. BRETT Bounces Back – Is This Just the Beginning? BRETT is turning heads with its recent price action. After a period of uncertainty, BRETT has bounced back, currently trading at $0.155. Earlier today, the token even touched $0.162 before pulling back slightly, showing that it still has the potential to explode. All of this bullishness came after BRETT rejected the $0.130 support level. However, despite this rejection, the momentum seems to be slowing – suggesting that the initial excitement might be cooling off. Zooming out, BRETT is still stuck in a range on the higher timeframes. The 4-hour chart also showcases the token’s indecision, with the price unable to decide whether it wants to stay above or below the 50-period exponential moving average (EMA). Despite this indecision, there’s no denying traders’ interest. Spot volumes are up 53% since yesterday, showing that traders are paying more attention to BRETT. BRETT has even leapfrogged Book of Meme (BOME) in the market cap rankings. Why Are Investors Flocking to Base Meme Coins? It’s not just BRETT making waves on the Base blockchain. The entire Base meme coin market is surging, with its total value rising 10% to over $2 billion in the past day. Trading volumes are also on the up – now at $140 million. While BRETT, DEGEN, and TOSHI continue to dominate the conversation, newcomers are quickly making their mark. BENJI, for instance, has been rocketing up the charts, proving there’s always room for new players. But what’s driving the meme coin mania on Base? For starters, Base’s layer-2 architecture offers much lower transaction fees than Ethereum’s mainnet. This makes it an attractive playground for developers and traders looking to capitalize on the demand for meme coins. Add to that Base’s growing user base – now at over 500,000 daily active users – and you’ve got a recipe for viral growth. Base total value locked (TVL) has also rocketed to $1.5 billion. These figures show why Base has become a breeding ground for meme coins in 2024. Could Base Dawgz be the Next Big Base Meme Coin? Alongside BRETT, another Base meme coin is making headlines this week. Base Dawgz has just sailed past the $2 million milestone in its ICO, showcasing the enormous interest from retail investors. Importantly, the buzz around Base Dawgz isn’t just because of its ICO success. Social media platforms are also red-hot with chatter about this meme coin, with the project’s Twitter page now at 4,000 followers. Most of the excitement is about DAWGZ’s multi-chain capabilities. Imagine buying DAWGZ tokens on Base, quickly transferring them to Ethereum to take advantage of a new DeFi opportunity, and then zipping over to Solana to trade. This is what the Base Dawgz developers have in mind. Adding to the buzz is the project’s Share-to-Earn protocol. It’s turning meme-making into a lucrative hobby, with community members earning points for creating and sharing DAWGZ-related content. These points can later be exchanged for DAWGZ tokens – creating a self-fulfilling hype cycle. Base Dawgz’s whitepaper has also caught the eye of investors. It outlines plans for DEX listings, marketing pushes, and mysterious “community rewards.” Ultimately, as the Base ecosystem grows, meme coins like Base Dawgz are perfectly positioned to benefit. Whether DAWGZ will be the next BRETT is anyone’s guess – but it’s certainly ticking all the right boxes. Visit Base Dawgz Presale
The art fair in Basel showcased contemporary and historical digital art, alongside a programme of talks and screenings.
The post 11,000 ETH Used For Legal Defense And Publicity To Rescue Assange appeared first on Coinpedia Fintech News
AssangeDAO member Silke Noa said that to rescue Assange, more than 11,000 ETH have been used for legal defense and publicity activities. Due to security reasons, the allocation of funds could not be fully transparent. And now the Wau Holland Foundation needs to provide a detailed account of how the funds are allocated. Silke Noa …
The post Zodia Custody Partners With 21Shares for Crypto ETP appeared first on Coinpedia Fintech News
The leading Digital asset custodian, Zodia Custody, has partnered with crypto ETP issuer 21Shares to provide custody services for physically backed digital asset ETP in Switzerland and the broader European market. Zodia Custody has been preferred by institutions for enhanced security and expert custody services for their crypto. Institutions investing in 21Shares ETP will also …
The post Pepe Coin (PEPE) Eyes New Highs as Memecoins Prep for Breakout appeared first on Coinpedia Fintech News
Get ready crypto enthusiasts, because memecoins are making a comeback unlike anything we’ve seen before! Forget the recent market slump – memecoins are on a tear, recording massive gains in the last 24 hours. While Bitcoin and its big buddies are down in the dumps, hitting new monthly lows, memecoins are thriving. What’s driving this …
The post MakerDAO and Sherlock Partner Up For $1.35M Security Audit Contest appeared first on Coinpedia Fintech News
MasterDAO, a defi lending protocol has announced a $1.35 million audit contest that will be hosted on the Sherlock Platform, a Web3 audit contest provider. Set to start on July 8, the contest will continue until August 5, aiming to engage security experts in the field and emerging researchers to identify vulnerabilities. A spokesperson for …
The post Solana Trying a Major Reversal, Has the Bearish Clouds Faded or a Bull Trap Being Laid? appeared first on Coinpedia Fintech News
Bulls are trying hard to flip market sentiments in their favour as the prices of the majority of cryptos were available at huge discounts. After buying at the dip, the next plan of action for the Solana bulls appears to be keeping up the upward momentum. Alongside this, the platform recently launched ‘zero-knowledge (ZK) compression …
Colosseum deployed $250,000 to 11 companies so far.
In a chilling display of digital deception, a sophisticated deepfake scam featuring an uncanny likeness of Elon Musk recently duped thousands of cryptocurrency enthusiasts. Over the weekend, YouTube hosted a five-hour livestream where an AI-generated Musk announced a “revolutionary” Tesla event alongside a “generous cryptocurrency giveaway.” Related Reading: Bitcoin On Her List: Suriname’s Presidential Hopeful […]
MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase.
Despite the broader cryptocurrency market experiencing fluctuations and challenges, TON (The Open Network) has demonstrated remarkable resilience. Holding steady in the face of varying market sentiments, TON’s price stability has attracted attention from investors and analysts alike. This resilience raises a critical question, can TON maintain its strength and continue to thrive as the market potentially enters a tougher phase, often referred to as the crypto winter? TON’s price was trading at around $7.56 and was up by 4.03% with a market capitalization of over $18 billion and a trading volume of over $392 million as of the time of writing. There has been a 24-hour increase of 3.84% and 14.75% in TON’s market capitalization and trading volume respectively. This article examines the price action of TON in detail to assess if the market of the crypto asset will continue to be optimistic or whether further gains are likely before a decline. Analyzing TON’s Performance Amidst Crypto Fluctuations On the 4-hour chart, the price of TON is actively bullish, and an upward move toward the $7.7 resistance level is being attempted. This followed after the price failed to break below the bullish trend line. It should also be noted here that the asset is actively trading above the 100-day Simple Moving Average (SMA) which suggests that TON might extend its upward trajectory. With the signal line of the Relative Strength Index (RSI) trending above 50% after an unsuccessfully attempted drop below it, the indicator confirmed the above claim that the digital asset might extend its upward movement. An analysis of TON’s current price action on the 1-day chart reveals that the bulls are still very active in the market as the price experiences a strong rejection after attempting a drop toward the bullish trend line. It can therefore be said that TON is actively bullish and may extend its bullishness. Adding to this, is the 1-day RSI indicator signaling more positive movements for TON’s price as the signal line after a drop to the 50% level, is beginning to rise above it again. Can TON Withstand The Crypto Winter? Exploring the prospects and strategies of TON for enduring future market downturns, it was revealed that if the crypto asset continues to move upward and break above the $7.7 resistance level. It may move higher to test the $8.2 resistance level and probably move on to create a new all-time high if the price breaches this level. However, if it fails to break above the $7.7 resistance level, it will begin to move downward toward the $6.7 support level. Should the price breach this support level, it may move further to test the $6.05 support level and possibly other lower levels. Featured image from Adobe Stock, chart from Tradingview.com
ALEX Lab, a Bitcoin DeFi application, has linked its recent exploit to the notorious North Korea-backed Lazarus Group. Last month, ALEX Lab suffered a significant security breach that resulted in the loss of over $4 million worth of various tokens after attackers gained access to the private key controlling its XLink bridge. In a June […]
The post Bitcoin DeFi app ALEX Lab links $4 million exploit to Lazarus Group appeared first on CryptoSlate.
The German government has moved substantial amounts of Bitcoin to crypto exchanges, potentially signaling intentions to sell.
The post German government entity transfers 900 BTC to Kraken and Coinbase, sparks selling concerns appeared first on Crypto Briefing.
Trump’s potential reelection could mean more crypto-friendly regulation that could boost mainstream adoption.
Road Town, Tortola, British Virgin Islands, 25th June 2024, GamingWire