Top financial service provider and Real World Asset (RAW) tokenization platform Securitize has secured $47 million in a new funding round led by its partner BlackRock. Securitize to Enhance Tokenization With New Fund Securitize announced the completion of the fundraiser today, marking a good start for the month. Apart from investment asset management firm BlackRock […]
Bitcoin ETF Notes 32K BTC Inflow Amid Whale Wallets’ Big Move
In a recent report, BitMEX Research has unveiled the flow data of the U.S. Spot Bitcoin ETFs since their launch, revealing a notable net inflow of over 32,000 BTC within just 17 trading days. Notably, this surge, valued at approximately US$1.459 billion, has sparked a dynamic shift in the market dynamics, especially as whale wallets […]
Layer-2 Protocol Build on Bitcoin (BOB) Goes Live On Mainnet
Only a few days after the just concluded halving event, Build on Bitcoin (BOB), is now live on its mainnet. This marks a significant advancement in Bitcoin L2 innovation. Build on Bitcoin Bringing the Best of Two Worlds The launch of Build on Bitcoin signifies a key moment in Bitcoin’s integration into Decentralized Finance (DeFi) […]
Cardano (ADA) Price Teases Key Resistance to Trigger 35% Breakout Rally
ADA, the native token of the Cardano ecosystem has recently rebounded from the combined support of $0.46 and 50% Fibonacci retracement level. Amid the current relief rally in the market, this altcoin surged nearly 12% to currently trade at $0.51. This rising price encounters supply pressure at the resistance trendline of a pennant pattern. Here’s […]
XRP Price: Ripple Locks 800M Coins Amid Massive XRP Movements, What’s Next?
The XRP price was on the investors’ radar today, amid a massive whale transfer of the coin. Meanwhile, Ripple has locked 800 million XRP to escrow today, amid a series of other hefty transfers, which have sparked speculations over the potential move of Ripple behind the transfers. Notably, this move comes after the firm unlocked 500 million XRP from Escrow recently. […]
Blockworks Founder Narrates Hack Ordeal, Here Are Key Takeaways
Jason Yanowitz, the co-founder of Blockworks took to X to announce that he has fallen victim to a crypto hack. Yanowitz Security Setup Fails Gives Way to Crypto Hack The crypto news media boss posted on Saturday night that his account was successfully hacked after several attempts by the perpetrator. To help other netizens avoid […]
ALT Price Soars 5% As Altlayer Introduces ‘reALT’ For Phase 2 Staking Program
Altlayer’s native token ALT nabbed significant attention across the broader crypto market today, May 2, as its price witnessed remarkable upward momentum. Coming in tandem with Altlayer’s introduction of the ‘reALT’ token as part of Phase 2 of the network’s staking program, the price rally curated waves across the crypto landscape. ‘reALT,’ a.k.a. the restaked […]
Ethereum Worth $1 Billion Moved to Cold Storage, ETH Price Rally Ahead?
The world’s second-largest cryptocurrency Ethereum (ETH) has been largely consolidating around $2,300 levels for a while with on-chain indicators suggesting a potential strong upside going ahead. As the Ethereum Dencun upgrade nears its debut, analysts are expecting 50-60% gains going ahead. Substantial Ethereum Outflow from Exchange Wallets In recent findings shared by crypto analyst Ali […]
Pantera Capital Backs TON Blockchain, TON Price Soars 10%
Pantera Capital, a leading crypto venture capital firm, has recently invested in The Open Network (TON) blockchain. TON, initially developed by Telegram, has gained significant traction within the Telegram network, boasting over 900 million monthly active users. Recent updates include Telegram’s integration of Toncoin (TON) tokens for ad revenue sharing and rewards distribution. TON has […]
Pyth vs Myro: Who Will Hit $1 First in 2024?
Solana-based tokens and Solana meme coins have been in the spotlight in the industry for a while now. Both Pyth and Myro are two of the top-performing cryptocurrencies that belong to the Solana blockchain. While Myro is a meme coin, named after Solana co-founder Raj Gokul’s pet dog, the Pyth Network is a decentralized oracle […]