Company Name: Fedi Founders: Obi Nwosu, Justin Moon and Eric Sirion Date Founded: June 2022 Location of Headquarters: Fully remote Amount of Bitcoin Held in Treasury: N/A Number of Employees: 27 full-time employees Website: https://www.fedi.xyz/ Public or Private? Private Just a few years back, Obi Nwosu was running Coinfloor, a successful, long-running bitcoin exchange, out […]

XRP price prediction failed to meet expectations, especially after the lawsuit between Ripple and the Securities and Exchange Commission (SEC) ended. Despite the disappointing performance, XRP mulls a 22% breakout flaunted by a key technical pattern. XRP Price Prediction: XRP Set To Rally As Ripple Mulls IPO XRP price has increased 11% in a week […]

TL;DR The Runes protocol, launched alongside Bitcoin’s halving, has experienced a drastic drop in fee share, falling to 8.37% from its debut with $62.55 million in fees. Although the protocol represents 50% of transactions on Bitcoin, the high activity has not translated into proportional fee revenue. The decline of Runes reflects both market conditions and […]

Crypto Super PAC Fairshake has just revealed the first candidates it plans to support in the forthcoming general elections. The organization, which has received millions in funding from key stakeholders, intends to place candidates with pro-crypto agenda in key elected positions. The first candidates it unveiled are vying for offices in the US Senate. The […]

According to data from Bitcoin Magazine Pro, there are 1,012,650 Bitcoin addresses that contain 1 BTC or more.  This represents more than 1 million BTC potentially taken off the market and held by strong hands, a significant portion of the 21 million BTC that will ever exist. Demand continues to rise as U.S. spot Bitcoin […]

TL;DR Grayscale MakerDAO Trust Launched – Grayscale Investments has created a new trust for MakerDAO’s MKR token. Access to a DeFi ecosystem : The fund offers exposure to an on-chain lending protocol and other assets in the MakerDAO ecosystem. Daily Subscription : The Trust is available for daily subscription by accredited investors, but does not […]

TL;DR Tron launches SunPump, a platform for launching memecoins with reduced fees and strict security measures. SunPump, currently in beta, offers up to a 99% discount on gas fees and integrates with the decentralized exchange SUN.io. The platform requires projects to burn TRX upon reaching a market cap of $69,420, which could positively influence TRX’s […]

Crypto payments firm Ripple and Japanese financial giant SBI Holdings subsidiary announced a strategic partnership on Tuesday. The company will help increase the use of XRP Ledger and issue non-fungible tokens (NFTs) on the blockchain, boosting the adoption of XRP in the community. SBI and Ripple Expand Partnership for XRP Adoption In a press release […]

TL;DR New TVL Record : NAVI Protocol Hits an All-Time High of $255M in TVL Following the Launch of its Pro Version. SUI Open Interest Rises : SUI open interest exceeds $256 million, with a notable increase in long positions. Token Recovery : Grayscale products such as the SUI Trust have fueled the recovery in […]

Ethereum, the second-largest cryptocurrency, recently experienced one of its most decisive crashes from late July to early August. Along with a broader market correction, the selling pressure is likely attributed to Jump Trading dumping more than $300M worth of ETH. Following this liquidation, Ether price plunged to a low of $2,112 on August 5th. While […]