blockchaintechnology
The crypto market displays a downward stance as Bitcoin (BTC) hovers below the $61.5K mark. Nevertheless, declining Bitcoin dominance shows altcoins will lead the upcoming market rebound. Dogecoin (DOGE) attracts attention due to its potential 400% breakout, while Dogwifhat (WIF) targets $11 by November 2024. While that indicates bullish sentiments for altcoins and themed tokens, political-tied Solciety (SLCTY) seems positioned to outperform the crypto industry in the next bull run. Dogwifhat ready for explosive movesThe canine-themed crypto is gaining attention, with analysts forecasting mass...
Invezz
The price of FET has fallen drastically as Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNet (AGIX) merge. The token has dropped over 35% in a month. Notably, FET is the temporary name of the Artificial Superintelligence Alliance token ahead of the second phase of the Fetch.ai, Ocean Protocol, and SingularityNet merger. FET, OCEAN, and AGIX merger kicks offThe merger of Fetch.ai, Ocean Protocol, and SingularityNet into the Artificial Superintelligence Alliance (ASI) represents a strategic move to advance decentralized Artificial General Intelligence (AGI) and Artificial Superintellige...
Invezz
The cryptocurrency industry awaits significant events this week. Ethereum ETF amendments, key economic stats, and the European Union’s new regulations will grab investor attention in the coming seven days. Ethereum ETFs delayedThe United States SEC has delayed the launch of spot Ethereum ETFs, which individuals expected to happen by 4 July. Consequently, the regulator returned S-1 Ethereum ETF forms to all applicants. Issuers have until 8 July to resubmit their filing. The SEC needs more time to review the applications, postponing the launch timeframe to mid-July or later. The delay could yiel...
Invezz
The cryptocurrency market closes June with a downward stance, with Bitcoin (BTC) and Ethereum (ETH) losing approximately 10% over the past 30 days. As bearish sentiments prevail, most top assets consolidate, indicating uncertainty in the coming sessions. Thus, enthusiasts have shifted to mid- and low-cap meme cryptos, suggesting a change in market dynamics. Market players venture into meme assets to quickly maximize returns. Here are some themed tokens that could dominate crypto trends in July. SOL ETF (SOLETF)Solana-based cryptocurrencies have flourished amid SOL exchange-traded fund speculat...
Invezz
The Terra Luna Classic community will vote to destroy 12 billion LUNC tokens and 68 million USTC assets. The project will burn the coins from the Lido DAO dispatcher and Anchor bLuna contracts. The move is part of an ongoing initiative to remove USTC and LUNC from the circulating supply, with the $1 price mark as the primary objective. Terra Luna Classic’s massive token burnThe project will remove 12 billion LUNC and 68M USTC from circulation. It’s the second-largest token burn after the latest 7 billion LUNC removal. The 12 billion in LUNC burn will be from Lido rewards dispatcher and Anchor ...
Invezz
Kazakhstan financial regulators have approved Toncoin (TON) for trading on the nation’s licensed platforms. The crucial move by the Financial Services & Regulatory Committee reflects surging demand for digital assets and their acceptance within Kazakhstan’s economic ecosystem. Meanwhile, Toncoin has joined 107 government-certified tokens, sharing status with assets such as Bitcoin and Ethereum. The approval comes after a massive audit process, and endorsement means Toncoin satisfies the stiff listing criteria by the regulators. Thus, Toncoin aligns with alts such as Stellar, Polygon, and Avala...
Invezz
21Shares becomes the latest institution to file for a spot Solana exchange-traded fund. The move comes after asset manager VanEck made a similar application on Thursday. The 21Shares Core Solana exchange-traded fund will track Solana performance and aims to offer investors a cost-friendly and straightforward exposure to SOL. That will allow 21Shares clients to invest in Solana directly without having to hold the token. Enthusiasts can trade the ETH on exchange Cboe BZX if approved. 21Shares’ primary goal with the ETF product is to replicate native SOL’s performance after considering liabilitie...
Invezz
The spot exchange-traded fund narratives have re-emerged with Solana this time. The altcoin dominated this week’s crypto following news that VanEck filed for a spot SOL ETF. The filing positioned Solana among the top digital assets, Bitcoin and Ethereum. VanEck’s head of research, Mathew Sigel, displayed confidence about Solana’s potential, calling the asset a commodity. GSR Markets seem to back these claims with the latest report, which detailed Solana as one of the most promising assets in the cryptocurrency industry. The report, which coincidentally came the day VanEck filed for Solana ETF,...
Invezz
The downward mood in the overall crypto market within the past 30 days saw AI-centered Render (RNDR) struggling. The crypto recorded a significant activity dip within the derivatives market. Render’s future open interest down 40%RNDR lost nearly 30% of its value in June as bears dominated the alt. The downward price actions forced most traders to quit the futures market. Render’s futures open interest displayed a massive 35% decline within the past 30 days. The metric stood at $102.7 million during this publication, according to Coinalyze. The futures open interest index measures the asset’s v...
Invezz
In a notable step in the cryptocurrency payment industry, Coinbase exchange has joined forces with Stripe to facilitate USD Coin (USDC) transactions on the Base network. The Coinbase layer2 network Base will capitalize on Stripe’s capabilities to enable smooth cryptocurrency transactions. Base is Coinbase’s layer2 blockchain that boasts a user-friendly environment for developers to build dApps. Besides catering to Coinbase’s on-chain products, Base is an open-source network for external creators to build on. According to Coinbase, the collaboration with Stripe aims to bolster on-chain adoption...
Invezz
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら