Author: News Room
[PRESS RELEASE – Victoria, Seychelles, March 29th, 2024] Bitget, a world leading cryptocurrency exchange and web3 company, is excited to announce the listing of NUB (NUB), the latest meme coin to join its array of offerings. NUB, a meme coin based on the Solana blockchain, is characterized by its whimsical nature and serves as a testament to the diverse and dynamic cryptocurrency market. NUB holds no intrinsic value and does not come with any expectation of financial return. As with all meme coins, investors are urged to exercise caution and to invest only what they can afford to lose. The…
Some traders warned of a further market-wide pullback if bitcoin lost the $69,000 level in the coming days. Dogecoin jumped 6%, while Bitcoin Cash saw a 13% rise ahead of an expected halving event on April 4, which historically has preceded a bull market for the token. Bitcoin (BTC) prices were little changed over the past 24 hours amid few catalysts after a volatile week. Prices briefly jumped above $71,000 on Tuesday, but have since retreated and remain steady around $70,000 level ahead of a major options expiry on Friday. Most major tokens posted slight losses. CoinGecko data shows that…
In collaboration with Wellington and WisdomTree, Citigroup Inc. conducted a simulation regarding the tokenization of private funds in blockchain wagering. This endeavor was designed to demonstrate how a blockchain network can tokenize a private equity fund. Wall Street may embrace distributed ledger technology on a broader scale if the A/B testing proves fruitful. Chainlink, a decentralized blockchain oracle network provider, formed a partnership with SWIFT, an interbank messaging service, in mid-2023, with the purpose of establishing a connection to Sepolia, a widely recognized Ethereum testnet. This collaboration supported the tokenization testnet. In less than two months after launching their new…
Dogecoin, an emblematic creation born from an internet meme, has experienced a remarkable surge of 20% in recent trading sessions, capturing the attention of investors amidst a broader downturn in the cryptocurrency market. This surge comes at a pivotal moment as Coinbase Derivatives, the derivatives arm of the renowned US-based crypto exchange, announces its intention to introduce cash-settled futures contract products for Dogecoin (DOGE) by April 1. Read the full article here
KuCoin and its founders were recently charged with major violations of money laundering. Things were expected to take a downturn since then, despite the assurance from the team that nothing would change. Now, two sides have come to the surface. One pertains to Bitcoin, and the other pertains to Ether plus stablecoins. Bitcoin remains stable on the network, but ETH and stablecoins are not in the same position. Bitcoin reserves on the network have grown by 4%, adding 250 BTC to the ecosystem. Reserves for ETH and stablecoins are down by 17% and 21%, respectively. This reflects a rough withdrawal…
Mainstream cryptocurrency adoption is well underway according to recent findings from a Crypto.com report that show global cryptocurrency ownership increased by 34% last year. According to the report, 432 million people owned crypto in January 2023, a number which rose to 580 million by the end of last year. While notable, digital assets may soon become even more mainstream if Canadian business man and “Shark Tank” host Kevin O’Leary buys TikTok. TikTok is a very important platform and this is an issue that won’t go away. Everyone knows TikTok leaks data to the CCP. It’s not a secret. It’s gotta…
Controversial public figure Edward Snowden has warned that the U.S. SEC will lose hard in its ongoing case against Coinbase. On Wednesday, a United States district judge ruled that the Securities and Exchange Commission (SEC) can proceed with its lawsuit against Coinbase. Judge Katherine Failla denied Coinbase’s motion to dismiss the case, arguing that the SEC has provided sufficient evidence that the exchange may be violating securities laws with its trading and staking products. This will give SEC the opportunity to prove its case. While the ruling evidently goes against Coinbase at this stage, the exchange has claimed that it…
Since peaking on March 17, Solana has maintained a unique user count consistently above 800,000, signaling a strong community engagement that reflects positively on the Solana (SOL) price. Daily DEX trades on the blockchain remain high, underscoring sustained active participation. While the outlook for Solana remains bullish, it’s anticipated that the current consolidation phase may persist a bit longer before the token experiences a significant uptick once again. Solana Total Value Locked Remains Above $4 Billion Recently, the Solana ecosystem has achieved a noteworthy achievement by surpassing the $4 billion mark in Total Value Locked (TVL) for the first time…
The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to be a significant source of foreign currency for Russia. Russia Sanctions Busting The U.K. and the U.S. are reportedly reviewing cryptocurrency transactions valued at $20 […] Read the full article here
A closely followed crypto analyst believes one mid-cap memecoin is gearing up to go on a massive rally. Pseudonymous trader Kaleo tells his 632,600 followers on the social media platform X that dog-themed crypto asset Floki (FLOKI) appears bullish against Bitcoin (FLOKI/BTC). “FLOKI versus BTC looks primed to absolutely rip.” Looking at his chart, the trader suggests FLOKI/BTC is in a bullish trend after printing higher lows on the one-hour chart and is on the verge of flipping a key resistance level into support. FLOKI/BTC is trading for 0.000000003716 BTC ($0.0002629) at time of writing, up more than 13% in…