crypto
In the dynamic world of cryptocurrencies, PEPE and Solciety are two names drawing significant attention. PEPE, a popular meme token, recently witnessed a major transfer that spurred price speculation. Meanwhile, Solciety, a unique crypto project known for its satirical approach to community engagement, is making waves with its ongoing presale, fostering a strong community and raising substantial funds. Both tokens illustrate the diverse and rapidly evolving landscape of the crypto market. PEPE whale makes major move amidst price surgeThe ether data on the July 10 showed a remarkable movement o...
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The upcoming Aptos token unlock event threatens to pull APT price down further cutting short its recent recovery attempt. At press time, Aptos (APT) was trading at $6.21, down 65.51% from it’s a high of $18.14 reached in March this year. Prior to the recent decline, APT’s price had skyrocketed in the first few months of 2024 buoyed by NFTs and real-world asset (RWA) integrations. Next APT token unlock event scheduled for July 12On July 12, 2024, Aptos is set to release $69.44 million worth of APT tokens, representing approximately 2.49% of its total APT token supply. A total of 11.33 million A...
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Decentralised lending platform Compound Finance has been hacked. The platform’s website was replaced with a phishing site. First flagged by on-chain investigator ZachXBT, the website began redirecting users to a different newly registered domain starting July 11. Scammers attempt mass phishingWarning users in a Telegram post, the investigator has urged users to avoid interacting with the malicious “compound-finance[dot]app” link. The bogus site fully mimics the original Compound Finance website. Fake Compound Finance website designed to dupe users. Source: Harpie on X. The hack has been confir...
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After yet another day of volatility in the crypto market, Annii Snelleksz settles into her routine with a sense of purpose and calm. As an elite trader at Bitget and founder of the online community TradeTravelChill, she has carved out a unique space in the crypto world. Her community includes over 89,000 members, all eager to learn from her extensive experience. Annii also shares her insights through online courses, personal coaching sessions, and a growing YouTube channel with 42,000 subscribers. In a recent interview, Annii shared her thoughts on crypto trading, Bitget, and her strategies fo...
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Bitcoin price has outperformed traditional assets like stocks and commodities this year despite the recent drawdown. It has risen by over 30% this year while the Nasdaq 100 and S&P 500 indices have risen by less than 21%. The 2x Bitcoin Strategy ETF (BITX) has also done well as it rallied by 26% this year, bringing its assets to over $1.4 billion. So, is the BITX ETF a good asset to invest in? What is the 2x Bitcoin Strategy ETF?Leveraged ETFs like the ProShares UltraPro QQQ ETF (TQQQ) and the Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL) have become highly popular among risk-taking i...
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ValueWalk
Cryptocurrency firm Payeer has been fined for violating sanctions and anti-money laundering regulations in Lithuania. The charges have been brought by the Financial Crime Investigation Service (FNTT). According to the FNTT’s statement on July 10, Payeer repeatedly allowed its services to Russian users. Russia is currently sanctioned by the Lithuanian government, which prohibits businesses from dealing with the country. Multiple violationsThe majority of Payeer’s 213,000 clients are reportedly based in Russia. The FNTT alleges that these users had been able to transfer funds into and out of the...
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In a strategic move to foster broader participation in its ecosystem, the Worldcoin Foundation, co-founded by Sam Altman, has announced an extension of the WLD grant reservation deadline. The announcement has sparked a 10% surge in the price of WLD, propelling it to $2.04 at press time. Notably, the announcement follows several other positive Worldcoin developments. WLD grant redemption deadline extended by a yearAccording to the Worldcoin Foundation announcement, the deadline for redeeming WLD grant reservations has been extended by one year. Initially, the deadline was on July 31, 2024. Howe...
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Shiba Inu (SHIB), a key player in the meme coin market, has been encountering significant problems. At its present price of $0.00001667, SHIB’s value has exhibited an impressive level of instability, which led some investors to seek other options. One such project is Poodlana that is attracting attention due to its unique value proposition and growth prospects. This shift represents changing dynamics within the meme coin space, with even well-known players battling with fluctuations. Meme coin meltdown: Shiba Inu and peers struggle to recoverShiba Inu, once a favorite among meme coin traders, ...
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Cryptocurrencies are slightly green after crashing hard – with Solana meme coins leading the upward movement. New drink-themed token Tequila (JULIO) is ready to burst onto the scene. Meanwhile, Water Coin (WATER) is the latest Solana meme coin to attract attention amid a largely bearish grip in crypto in recent weeks. Instagram posts from two football legends had WATER surging this week. But what’s the price outlook for WATER and could Tequila be the one to buy? What is Tequila (JULIO)?Tequila (JULIO) is a new Solana meme coin that brings the popular Mexican distilled beverage to crypto. Its l...
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