Coin Edition
Cardano’s Blockchain Tech Finds New Home in Argentina’s Entre Ríos
The Cardano Foundation has announced a new partnership with the province of Entre Ríos in Argentina. The collaboration, formalized by a public signing between Entre Ríos Governor Rogelio Frigerio and...
BitMEX Co-Founder Dumps PENDLE Stake, Triggering Market Volatility
Arthur Hayes, co-founder of BitMEX, unloaded 1.55 million PENDLE tokens valued at $9.41 million, fueling concerns among PENDLE token holders. This move raises concerns about a potential price dump, given...
Magnetic X’s Farming Protocol Drives Liquidity to XRP Ledger
Magnetic X, a protocol facilitating applications on the XRP Ledger (XRPL), has reported significant growth in its DeFi ecosystem. Over 37 days, 703 users (“farmers”) have collectively earned over 50,000...
Altcoin Surge Predicted as Bitcoin’s Dominance Wanes
After a volatile first half of the year, leading industry analysts are predicting a strong upward trend for altcoins. Michaël van de Poppe, Founder and CIO of MN Trading, voiced...
Robinhood Expands European Footprint with Acquisition of Crypto Exchange Bitstamp
Robinhood Markets has agreed to acquire Bitstamp, a cryptocurrency exchange, for $200 million in cash. This acquisition marks Robinhood’s largest deal to-date and as part of its expansion into cryptocurrency...
Altcoin Market Cap Tops $1 Trillion, Signaling Potential for Major Rally
The altcoin market capitalization recently surpassed $1 trillion, maintaining a strong consolidation pattern over the past few months. This significant milestone suggests a notable shift in market dynamics and potential...
Ripple President: XRP ETF Makes “A Lot of Sense”
Ripple President Monica Long has voiced support for the potential launch of an XRP Exchange-Traded Fund (ETF), echoing similar sentiments from Ripple CEO, Brad Garlinghouse. Long drew parallels between Bitcoin...
Robinhood Acquires Bitstamp for $200 Million Despite SEC Lawsuit Threat
Robinhood Markets has agreed to purchase Bitstamp, a leading cryptocurrency exchange, for $200 million in cash. This acquisition marks Robinhood’s largest deal to date and is part of its strategy...
Binance Lists IO.NET (IO) Token on Launchpool, Sparks Interest in Decentralized AI
Binance launched its latest Launchpool project, IO.NET (IO), a decentralized AI computing and cloud platform. This marks the 55th project on Binance Launchpool, enabling users to farm IO tokens by...
Forget ‘Sell in May’: Investors Double Down on ETFs in Record Numbers
ETF investors demonstrated confidence in May 2024 by injecting a record $58 billion into equity ETFs. This was a historic capital inflow, particularly in an election year, a period typically...
VeChain and WoV Labs Team Up to Bring NFTs to Traditional Media
VeChain (VET) gained a following through its recent collaboration with WoV Labs. This partnership, which leverages VeChain’s innovative tools, aims to redefine digital ownership for readers of SNOB Non Per...
Shiba Inu Rallies on Renewed Investor Confidence, Echoing 2021 Surge
Shiba Inu coin witnessed a surge in activity that has captured the attention of investors. Early investors have re-entered the market, purchasing almost one trillion SHIB tokens. This large transaction...
Market Analysis: Bittensor, Render, and Solana Show Promising Trends
Bittensor (TAO) has dipped to its historically strong support level around $380. The token is currently priced at $402.52, reflecting a 5.72% daily gain despite a 1.62% weekly decline. Analysts...
FLOKI, SHIB, and BONK: Meme Coin Mania Back in Full Force?
FLOKI emerges as the current leader among meme coins, boasting surging trade volume that surpasses even Dogecoin and Shiba Inu. Trading at $0.0003422, FLOKI logged a staggering $1.094 billion in...
Inside the NFT Wash Trade: How Fake Volume Distorts the Market
The NFT market has seen significant levels of wash trading, where traders engage in artificial trades to inflate trading volume. Data from Blur, OpenSea, and Magic Eden highlight this trend....
VeChain’s Blockchain Tech Goes Luxe: High-End Brands Embrace NFC Tracking
VeChain (VET), currently priced at $0.03389 with a 24-hour trading volume of $50,880,818.66, has experienced a 0.21% price increase over the past day. However, it has declined 5.52% over the...
Thailand Embraces Bitcoin: First ETF Approved for Wealthy Investors
Wu Blockchain reported on X that the Securities and Exchange Commission, Thailand, approved One Asset Management (ONEAM) to launch Thailand’s first Bitcoin ETF. This exchange-traded fund (ETF) targets wealthy and...
Deutsche Bank Enters Crypto Waters, Partners with Bitpanda for German Expansion
Deutsche Bank, Germany’s largest bank, and Vienna-based crypto platform Bitpanda, have partnered in a move that marks a significant step in integrating traditional banking with the crypto market. Bitpanda users...
Shiba Inu Devs Warn of Treat Token Scams on Shibaswap
The Shibarium community is on high alert as reports surface of fraudulent tokens claiming false associations with Shiba Inu developers. These bad actors are exploiting Shibarium’s decentralized platform to promote...
MicroStrategy’s Saylor Hit with $40 Million Tax Bill in Record Settlement
MicroStrategy’s CEO and Bitcoin investor Michael Saylor has reached a $40 million settlement with the District of Columbia’s attorney general. This settlement resolves accusations that Saylor evaded paying over $25...
XRP’s 10 Million TVL Milestone Signals Growing Demand for Ripple’s Token
XRP saw a surge in activity and value locked on its ledger after a prominent validator, known as Vet, announced a milestone of 10 million XRP Total Value Locked (TVL)...
Bitcoin ETFs Go Live in Australia: Will This Spark a Global Trend?
Australia is set to join the growing ranks of countries offering spot Bitcoin Exchange-Traded Funds (ETFs) with the expected launch of its first such product the next day. Barring any...
Bitcoin’s $69K Test: Will the King Hold or Will Altcoins Take the Crown?
As Bitcoin approaches a major resistance level, the cryptocurrency industry could face serious repercussions. With a price of $68,909.66, Bitcoin has gained 0.45% in the past week and 2.11% in...
High Fees on Ethereum Network Spark Debate Over Scalability
Whale Alert spotted a bizarre transaction costing 40 ETH ($150,470) in gas fees, on May 31, 2024. The transaction originated from the wallet of well-known memecoin and NFT enthusiast, jaredfromsubway.eth....
CertiK Report Reveals $42.6 Million in Crypto Losses in May
CertiK verified that in May, the crypto space lost a staggering $42.6 million from a multitude of hacks, exploits, and rug pulls. This sum is a tad higher than the...
