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 […]
Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption
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 […]
Grayscale Introduces MKR Trust for Qualified Investors: What Does This Mean for MakerDAO?
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 […]
Justin Sun’s Tron Launches Game-Changing Memecoin Platform: SunPump
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 […]
XRP News: Ripple and SBI Holdings Subsidiary Announce Strategic Partnership
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 […]
Despite Sui’s Growing Open Interest and NAVI’s TVL Explosion, SUI Token Faces Price Decline
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 […]
After Dumping $300M in Ethereum, Jump Trading Could Sell This Crypto Next
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 […]
Breaking: Binance URL Unblocked In India After FIU Registration
The Binance website has now been fully restored and the URL is now accessible to all Indian users. The exchange had faced regulatory issues in India resulting to various stringent actions taken. However, amid various fines settlements, the exchange is now gaining footing in the Indian market. Binance URL Now Fully Accessible Binance, one of […]
Assessing the Lightning Network’s Last-Mile Solutions
Custodial Lightning has clearly achieved product market fit. Users benefit from instant Bitcoin payments and minimal fees, while custodians manage the complexities of channel and liquidity management. Major platforms like Coinbase, Cash App, Kraken, and Binance provide over 200 million users with direct access to Lightning payments. While the Lightning Network excels at facilitating payments […]
Strong Bearish Signal Appears In Solana Chart, Where Is Price Headed Next?
Expectations of the Solana price going above $200 have been rampant with the most recent recovery. In some cases, predictions have reached as high as $1,000 for the cryptocurrency, but one crypto analyst is going in the opposite direction. In a recent analysis, Alan Santana has predicted a crash for the SOL price that could […]