Top 3 price prediction: The total crypto trading volume has fallen to the lowest level in seven months, underlining the impact of the bearish forces in the market. Based on data provided by CCData, the derivatives and spot markets suffered a 44% drop in volume to $6.58 trillion compared to $9.12 trillion, the peak in […]
Terra Classic Community Votes on Two Major KYC Proposals, LUNC to $0.0002?
Terra Luna Classic burn narrative fades and the community now looks for various developments on the chain to boost blockchain utility, interoperability, and security, while continuing to drive for LUNC revival and USTC repeg to $1. Terra Classic Community Votes on Sub KYC Proposals Follow-up proposals for KYC proposal 12033 are now up for voting on […]
Binance Announces 54th Launchpool Project Notcoin (NOT)
Binance is thrilled to unveil its 54th project on Binance Launchpool: Notcoin (NOT). Notcoin is a community token designed to introduce users to web3 through a tap-to-earn mining mechanic. The project’s webpage is set to go live in just 24 hours, ahead of the Launchpool commencement. Users will have the opportunity to stake their BNB […]
Solana’s SOL Price Drops Despite Phone Pre-Orders Surpassing 100K
Solana (SOL) has experienced a decline in its market price despite the overwhelming success of its mobile division. The blockchain company recently announced that pre-orders for its second crypto-enabled smartphone have surpassed 100,000 units in just over a month, a significant milestone that underscores the growing interest in crypto-integrated devices. However, this enthusiasm has not […]
Deutsche Bank Predicts Doomsday for Most Stablecoins In The Market, Questions Tether
Research analysts at Deutsche Bank recently raised a red flag on the stablecoin market stating that most of the pegged currencies are likely to doom moving ahead. After studying nearly 334 currency pegs, Deutsche Bank found that only 14% of them have survived so far. “Some may survive, although most will likely fail,” the analysts […]
JUP Price Soars As Jupiter Founder Unveils Big Initiative
The price of JUP tokens has seen a notable surge in response to the recent announcement made by the Jupiter founder. This surge comes as the community eagerly anticipates the unveiling of the Jupiter Work Groups (JWGs) initiative, signaling optimism and enthusiasm among investors and stakeholders. The Jupiter Work Groups (JWGs) initiative, introduced by the […]
South Korea Unveils Regulation To Initiate Major Crypto Delisting
The financial regulators in South Korea are seeking to incorporate protocols for terminating the trading of currently listed cryptocurrencies. The upcoming “Best Practices for Compliance with the Virtual Asset User Protection Act” will mark the delisting of several cryptocurrencies. The regulators said that this crypto regulation will be out in early June. Components Of Upcoming […]
Shiba Inu Burn Jumps 70% With 27 Mln Tokens Burnt, SHIB To Hit $0.00001?
Shiba Inu, a cryptocurrency positioned as the self-proclaimed Dogecoin killer, curated a tidal wave of speculations across the broader crypto market today as it recorded a substantial upswing in its burn rate. According to the data unveiled by the burn tracker Shibburn, the Shiba crypto community jotted down the incineration of a staggering 27.28 million […]
IMF Calls for Nigerian Regulation of Global Cryptocurrency Exchanges
The International Monetary Fund (IMF) has recommended that Nigeria impose registration or licensing requirements on global cryptocurrency trading platforms. This advice follows the IMF’s 2024 Article IV consultation with Nigeria, a detailed analysis aimed at enhancing the country’s financial stability. The IMF’s latest staff report highlights the urgency of creating a robust regulatory framework for […]
Spot Bitcoin ETFs Just Broke A Massive Gold Record
In only one month, the spot Bitcoin ETF market has reportedly broken a record that took gold almost two years to achieve. Spot Bitcoin ETF Net Flow Hits $3B According to Senior Bloomberg ETF analyst Eric Balchunas, the net cumulative flows for the spot BTC ETFs approved by the United States Securities and Exchange Commission […]