Hedera, an open-source Proof-of-Stake (PoS) public ledger has announced a multi-year strategic partnership with the Saudi Arabia government. DeepTech Studio Gets New $250M Fund According to the X announcement, the PoS blockchain has entered into a core alliance with the Saudi Ministry of Investment. The agreement, which is designed to last for five years, is […]
Grayscale Bitcoin ETF Ends 77-Days of Outflows, GBTC Inflows Begin
On Friday, May 3, the Bitcoin price jumped soon after the release of the US jobs data with nonfarm payrolls coming much less than expected thus increasing the chances of a dovish stand by the Fed. This helped to arrest the seven consecutive days of outflows from US Bitcoin ETFs with flows turning net positive […]
Spot Ethereum ETF: SEC Delays Decision on Invesco Galaxy’s Application
The United States Securities and Exchange Commission (SEC) has decided to delay its decision on Invesco and Galaxy’s spot Ethereum ETF application. New Spot Ethereum ETF Date in View Senior Bloomberg ETF analyst James Seyffart shared on X that the U.S. regulator has pushed back its decision on the joint Ethereum ETF application submitted by […]
Shiba Inu Executive Sends Crucial Message On TREAT Launch
Shiba Inu’s (SHIB) marketing lead Lucie just took to X to clarify certain confusions about the launch of the TreatforShib token popularly known as TREAT. The Shiba Inu L3 Blockchain According to the SHIB executive, the token has not been released yet. Although some journalists have made reports about how the crypto asset was launched […]
Bank Run: Bitcoin Bull Says NYCB on Brink of Bankruptcy After Downgrade And Lawsuit
Billionaire crypto investor Arthur Hayes on Wednesday said New York Community Bankcorp (NYCB) gradually moving from a ‘junk’ downgrade by Moody’s to ‘bankruptcy’ amid recent setbacks. He predicts Bitcoin price will rally in response to upcoming Fed money printing. NYCB’s Bankruptcy Scenario by Arthur Hayes New York Community Bankcorp (NYCB) credit rating was downgraded to […]
Uniswap Founder Teases 8 Ethical Factors In Token Launch
Hayden Adams, the founder and CEO of Uniswap recently gave his opinion on what makes good token distribution, wrapping his opinion into eight ethical points to note. Markedly, this comes out a few days after concerns were raised by the crypto community on the transparency and fairness of token distribution on EigenLayer. Uniswap Founder Advises […]
Terra Luna Classic Community Approves Major Proposal, LUNC Price Soars 5%
Terra Luna Classic’s proposal to make KYC compulsory for all L1 developers is approved by the community, with votes now surpassing the pass threshold. As the Terra Luna Classic community pushes to increase development on the chain with third-party developers, it became crucial to introduce some security measures to prevent detrimental damage to the chain. […]
Trending Crypto Price Prediction For May
After a significant surge in the overall crypto market, the expectations are also rising to see a much better performance from cryptocurrencies. Though the market’s recovery isn’t very huge, the global market cap has surged to $2.35 Trillion, and the market sentiments have also improved from a low of 49 to 56 but still being […]
Can ETF Doubts Stop Coinbase (COIN) Stock From Hitting New ATH?
So far the year 2024 is not in favor of Coinbase’s shareholders as the asset continues to deepen its current correction trend. From the last peak of $187, the Coinbase (COIN) Stock has fallen 37.36% to $117 within the last 30 days of trading. Besides the general market sentiment, it seems the newly launched Bitcoin […]
Shiba Inu Coin: Over 81 Mln SHIB Destroyed As Burn Rate Spikes 4000%, What’s Next?
Shiba Inu, a prominent dog-themed meme coin in the crypto sphere, has once again sparked significant interest. Today, May 6, the crypto saw a remarkable 4000% surge in its burn rate, a development that has birthed optimism surrounding the token’s future price movements. Despite a monthly price correction witnessed by SHIB, the token appears to […]