🔔 MARKET MOVING NEWS! (06/03/24)
1️⃣ ShapeShift Settles SEC Charges It Sold Crypto Securities ▶️
The U.S. Securities and Exchange Commission (SEC) has reportedly accepted a settlement offer by ShapeShift. Notably, ShapeShift is a crypto exchange that shut down its U.S. exchange operations after the SEC filed a cease and desist order alleging that it operated before 2021 as an unregistered dealer for cryptocurrencies that were securities. The settlement offer includes a $275,000 fine and an agreement that the company would no longer violate the Securities Exchange Act.
Source
2️⃣ Astar Network Launches Astar zkEVM on Polygon AggLayer 🔼
Astar, a blockchain network prominent in the Japanese Web3 community, announced the launch of Astar zkEVM yesterday. Notably, Astar zkEVM will be the first layer-2 chain to integrate into Polygon’s AggLayer.
Sota Watanabe, the founder of Astar Network, states the move came as part of Japan’s national tech strategy,
Our integration in the AggLayer and continuous investment in development solidifies Astar zkEVM’s position as Japan’s web3 authority for innovation, entertainment, and retail dApps, positioning Astar at the forefront of Japan’s web3 expansion in the enterprise, retail, and government sectors, accelerating the growth of web3.
This partnership is really about giving our users what they want – more control over their crypto, in a straightforward way, using platforms they already know and trust. It also plays a crucial role in fostering broader crypto adoption, opening up the world of crypto to more people.
🔔 MARKET MOVING NEWS! (05/03/24)
1️⃣ MicroStrategy to Offer $600 Million in Convertible Notes to Buy More Bitcoin 💸
According to a Bloomberg report, MicroStrategy, the largest corporate holder of Bitcoin, is planning to sell $600 million worth of senior convertible notes to qualified institutional buyers. Notably, senior convertible notes are a debt security that can be converted into equity at a later date.
MicroStrategy stated that it "intends to use" the net proceeds from the sale of the notes to buy more Bitcoin for general corporate purposes. It also stated that it expects to grant to the initial purchasers of the notes an option to purchase up to an additional $90 million aggregate principal amount of the notes. The notes will reportedly mature on March 15, 2030, unless earlier repurchased, redeemed or converted per their terms.
Source
2️⃣ Tether Launches Recovery Tool To Migrate USDT Between Blockchains 🛠
Stablecoin issuer Tether has reportedly launched a recovery tool that will allow users to migrate their USDT stablecoin between different blockchains if a supported blockchain becomes unresponsive, unreliable, or unusable. Notably, Tether stated that the blockchain recovery plan was launched to ensure uninterrupted accessibility and security for its users. According to data from Tether, USDT currently resides on 14 blockchains including Tron, Ethereum, Solana, Avalanche and Omni. Among these, Tron and Ethereum are the two largest blockchains for USDT, accounting for 51% and 43% of all issued USDT, respectively.
Source
3️⃣ SEC Pushes Back Blackrock, Fidelity Spot Ethereum ETF Proposals 🔍
The U.S. Securities and Exchange Commission has reportedly delayed its decision to approve or reject BlackRock and Fidelity’s spot Ether exchange-traded funds (ETFs). However, the SEC’s delay doesn’t come as a surprise since market commentators and ETF analysts have long speculated that the SEC will only decide to approve or deny the ETFs once the first final deadline arrives in May.
Source
4️⃣ Someone Just Bought a CryptoPunks NFT for $16 Million in Ethereum 💰
An anonymous bidder purchased a rare alien CryptoPunks NFT (CryptoPunk #3100) for 4,500 ETH (roughly $16M) yesterday. Notably, the sale marked the second-highest selling price ever for a CryptoPunk. Interestingly, the wallet that purchased the NFT appears to have been created only four days ago and used exclusively to purchase the NFT.
Source
5️⃣ Fantom Seeks Money Back From Multichain’s $200M Exploit 🥶
The Fantom Foundation – the entity that maintains and helps develop the Fantom blockchain, has reportedly approached the Singapore High Court asking to declare Multichain Foundation ‘bankrupt’. Notably, this will allow the entity to institute proceedings that will help recover the $122 million that was stolen from Multichain’s Fantom bridge last year.
The foundation reportedly won a default judgment in Singapore in January when Multichain failed to respond. Fantom stated,
While the current judgment relates only to Fantom Foundation’s own losses, the Foundation plans to use this legal victory to pave a path for all users to lodge their claims against Multichain.
🔔 MARKET MOVING NEWS! (04/03/24)
1️⃣ Nigerian Committee Summons Binance CEO Over Financial Crime Suspicions 🔍
According to local media reports, the Nigerian House of Representatives Committee on Financial Crimes has called Binance CEO Richard Teng to appear before the committee over suspicions of terrorism financing and money laundering. Notably, the chairman of the Committee, Ginger Onwusibe, issued a seven-day ultimatum to the management of Binance Holdings LTD., to appear before the committee on or before March 4, 2024.
The report also reveals that the committee had previously sent a letter dated Dec. 12, 2023, calling for Teng to appear before a hearing on Dec. 18, 2023. Onwusibe expressed his disappointment at Teng for not attending despite multiple invitations. He warned that if Binance ignores the summons, the committee will exercise its constitutional authority and take necessary actions.
Source
2️⃣ Bitcoin Daily Withdrawals Challenge Records As $2B Leaves Exchanges ‼️
According to a tweet by CryptoSlate research analyst James Van Straten, Bitcoin is leaving exchanges at the quickest rate in years. Specifically, he noted that over $2B of BTC has left exchanges. This is one of the biggest withdrawals in over 5 years. The biggest outflows seem to come from crypto exchanges Binance and Coinbase.
Source
3️⃣ Bitcoin NFTs Make Comeback In Weekly Sales, Flipping Ethereum 🔼
According to data from CryptoSlam!, the sales of NFTs on Bitcoin have surpassed Ethereum over the last seven days. Specifically, Bitcoin NFT sales rocketed 80% week-over-week to $168.5 million, while Ethereum only drew in $162 million in sales. This follows a sudden spike in sales of Bitcoin Ordinals-based NFT collections, led largely by the collection NodeMonkes.
Source
4️⃣ U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions ▶️
In a recent judgement passed in the Coinbase Insider trading case, a U.S. court ruled that trading certain crypto assets on a secondary market, such as Coinbase, constitutes securities transactions. Notably, the court took this critical position in a default judgment against co-defendant Sameer Ramani.
The ruling stated,
The court’s analysis remains the same even to the extent Ramani traded tokens on the secondary market [...] Each issuer continued to make such representation regarding the profitability of their tokens even as the tokens were traded on secondary markets. Thus, under Howey, all of the crypto assets that Ramani purchased and traded were investment contracts.
🔔 MARKET MOVING NEWS! (03/03/24)
1️⃣ FTX Claim Window Prices Bitcoin, Ethereum, Others Below Market Rates 🔍
The prices of major crypto assets such as Bitcoin, Ethereum, Solana and BNB on crypto exchange FTX’s recently opened claim window are reportedly priced significantly lower than the current market values. Specifically, the claim window shows that the price of BTC is $16,871, ETH is $1,258, SOL is $16.24, and BNB is $286. These figures starkly contrast the current market rates, which are $62,144 for BTC, $3,424.62 for ETH, $129.96 for SOL, and $411.32 for BNB.
While many creditors have taken to social media platform X to express their concerns, FTX’s official liquidator notified creditors to submit electronic claims by May 15, 2024. The claims portal is expected to make its first interim distribution in late 2024 or early 2025, with all eligible claims denominated in United States dollars.
Source
2️⃣ Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M 💰
Ethereum layer-2 scaling solution provider Taiko has reportedly raised $15 million in a series A funding round. The round was led by Lightspeed Faction, Hashed, Generative Ventures and Token Bay Capital. It also saw participation from other investors such as Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR and WW Ventures. Notably, the latest round brings Taiko's total fundraising across three rounds to $37 million.
Samuel Harrison, the founding partner at Lightspeed Faction stated,
Amongst an explosion of new rollups, Taiko stands out due to its passionate community, paired with a based sequencing architecture, which uniquely simplifies the L2 value chain, streamlining trust assumptions and removing friction for developer adoption.
🔔 MARKET MOVING NEWS! (02/03/24)
1️⃣ Worldcoin’s WLD Drops as Elon Musk Sues OpenAI 🔽
The price of Worldcoin’s WLD token fell by 2.2% after Reuters reported that tech investor Elon Musk sued AI development firm OpenAI and CEO Sam Altman for breach of contract. Specifically, Musk accused the entities of breaching contractual agreements made when he helped found the company in 2015. He argued that OpenAI’s collaboration with Microsoft has deviated from its foundational principles of advancing open-source artificial general intelligence for the benefit of humanity.
Source
2️⃣ Nigeria Denies Report Of $10B Binance Fine 🔍
Earlier today, the BBC published a report claiming that the Nigerian government has asked Binance to pay a $10 billion fine for reportedly enabling $26 billion of untraceable funds to leave the country. However, Bayo Onanuga, a special adviser to the Nigerian president on information and strategy, says the allegations reported by the BBC result from a misquotation.
He clarified that there hasn’t been a definitive decision to fine Binance and that he did not state that Binance was informed about the fines or that it would be $10 billion. He reportedly only mentioned the possibility of a fine, nothing else.
Source
3️⃣ US Energy Officials Agree To 'Destroy' All Data From Crypto Mining Survey 🔥
The Energy Information Administration (EIA), a division within the Department of Energy, has reportedly reached an agreement with the Texas Blockchain Council (TBC) and Bitcoin mining firm Riot Platforms to cease its proposed emergency survey targeting crypto miners across the country. The EIA also stated that all information previously collected from crypto miners for the survey will be deleted, and any forthcoming data will also be discarded. Instead, the EIA will now publish a notice proposing its planned miner survey, taking comments for 60 days. The notice will replace the previous survey, which was issued under emergency status.
Source
4️⃣ Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article ‼️
Christopher Harborne and his company, AML Global Ltd., have reportedly filed a defamation lawsuit against news organisation ‘The Wall Street Journal’ for allegedly spreading false accusations of fraud, money laundering, and financing terrorism in a March 2023 article. The lawsuit accuses The Wall Street Journal of knowingly publishing false accusations despite possessing documentation that proved their falsity
A Wall Street Journal representative stated,
More than nine months after the article was published, counsel for Mr. Harborne and AML Global contacted us to dispute the five paragraphs that included reporting about them. Following our review, we removed this section from the article and appended an Editor's Note in accordance with our editorial standards. The lawsuit they filed against Dow Jones is itself replete with inaccuracies and distortions. We take our journalistic responsibilities seriously, and we intend to mount a robust legal defense.
🔔 MARKET MOVING NEWS! (01/03/24)
1️⃣ StarkWare Unveils New 'Stwo' Cryptographic Prover That's 'Blazingly Fast' 💥
StarkWare, the developer firm behind layer-2 network Starknet, has announced the launch of Stwo - an open-sourced cryptographic prover based on zero-knowledge (ZK) technology that aims to increase proving latency and reduce transaction fees for end users. Notably, the news comes just a week after StarkWare and Polygon announced Circle STARKS.
Oren Katz, the COO of StarkWare, stated,
It’s especially exciting that just a week after the new Circle STARK protocol was announced as a theoretical breakthrough, this protocol is already springing to life with the development of this blazingly fast prover.
Binance have been ping ponging me between CS agents who basically shifted the blame over and over again to only Google account being hacked, although my Google was protected with Yubikey and I have 0 unrecognized ‘recent activity’ on it either except of my own IPs. (sic)
🔔 MARKET MOVING NEWS! (29/02/24)
1️⃣ Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration ⚡️
Asset managers Ark Invest and 21Shares are reportedly integrating Chainlink’s Proof of Reserve platform to verify holdings data for their ARK 21Shares Bitcoin ETF (ARKB). Notably, the move follows fellow spot bitcoin ETF issuer Bitwise’s decision to disclose its digital wallet address showing the holdings for its Bitwise Bitcoin ETF (BITB) in January. Industry experts have lauded the asset providers for their transparency. Ark/21Shares will now be the second issuer to bring holdings data on-chain.
Source
2️⃣ Coinbase Users Report Zero Balance Bug As Bitcoin Price Taps $64K 🔽
During Bitcoin’s price rally between 5:00 and 6:00 pm UTC on Feb. 28, several users of the crypto exchange Coinbase reported seeing a zero-balance bug affect their accounts. Notably, this led to disruptions in trades for these users. However, Coinbase reported that the funds were safe and the accounts were restored to normal shortly after. Coinbase CEO Brian Armstrong explained the snafu stating that the exchange had modelled a 10 times surge in traffic but that Wednesday’s demand exceeded that number.
Source
3️⃣ El Salvador’s Bitcoin Bet Is Up 40% But President Bukele Says He Isn’t Selling 📈
According to a recent tweet by El Salvador President Nayib Bukele, the country’s Bitcoin holdings are up 40% in profit. Notably, the tweet came as a rebuke to doubters who had criticised his country’s embrace of BTC. He also revealed that the country's main source of additional bitcoin was its citizenship program which offers expedited citizenship to those who make a BTC "donation" to the government. He ended the tweet by declaring that El Salvador won’t sell its BTC holdings.
Source
4️⃣ Nigerian Central Bank Head Criticises Binance, Execs Reportedly Arrested 🧐
According to local media reports, Nigeria’s central bank governor Olayemi Cardoso has stated that over $26 billion worth of untraceable funds have flowed through Binance Nigeria in 2023. The crypto exchange is reportedly under scrutiny by the country’s Securities and Exchange Commission and other government agencies. There are also reports that the office of the National Security Adviser has detained and confiscated the passports of two Binance executives in the capital Abuja. They are citizens of the United States and the United Kingdom.
Source
5️⃣ Winklevoss Twins' Gemini Promises to Return $1.1B to Earn Customers ☄️
Following a settlement with the New York Department of Financial Services (NYDFS), crypto exchange Gemini has “committed” to returning at least $1.1 billion to customers of the Gemini Earn Program through the Genesis bankruptcy proceeding. Gemini also agreed to give $40 million for Genesis’ bankruptcy proceedings and to pay a $37 million penalty to NYDFS for multiple compliance failures “that threatened the safety and soundness of the company.”
Source
6️⃣ Mad Lads’ Backpack Exchange Closes $17 Million Series A Led by Placeholder VC 💰
Solana-based crypto exchange Backpack has reportedly raised $17 million in a strategic Series A funding round at a combined valuation of $120 million. The round was led by Placeholder VC and saw participation from other strategic investors, including Hashed, Robot Ventures, Amber Group, Wintermute, Jump Crypto, Selini Capital, and Delphi Digital.
Armani Ferrante, the founder and CEO of Backpack Exchange stated,
The history of finance is littered with scandals, but Backpack is doing things differently. Over the past year, we’ve set the foundation to build a crypto-native financial institution, and with the conclusion of this round, with trust minimization and compliance as foundational principles, we begin a new chapter for ourselves and, hopefully, for the rest of the industry.
🔔 MARKET MOVING NEWS! (28/02/24)
1️⃣ Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse 🔍
According to recent court filings, former FTX CEO Sam Bankman-Fried (SBF) has asked the court for a “just” sentence of 63 to 78 months for his conviction on fraud and conspiracy charges. The request comes in response to the Presentence Investigation Report's recommendation of a 100-year prison term. Bankman-Fried's attorneys objected to the recommendation, calling it "grotesque."
The filing signed by SBF’s new attorneys Marc Mukasey and Torrey Young, states,
Sam is a 31-year-old, first-time, non-violent offender, who was joined in the conduct at issue by at least four other culpable individuals, in a matter where victims are poised to recover—were always poised to recover—a hundred cents on the dollar.
Africa presents immense opportunities for financial innovation and economic freedom. Many countries on the continent are grappling with high inflation rates and devaluing currencies, making it challenging for people to save and build wealth.
Historically, these assets have been unrecoverable, in part because our employees and support channels don’t have access to the private keys needed to reverse these transactions. […] We’re continuously investigating and expanding the scope of this feature to support additional assets and networks. Due to the technical complexities surrounding the recovery of unsupported assets, we can’t guarantee that any particular asset will be eligible in the future.
🔔 MARKET MOVING NEWS! (27/02/24)
1️⃣ Blast TVL Crosses $2B As It Targets Mainnet Launch On Feb. 29 🚀
According to data from DefiLlama, the total value locked (TVL) in the Ethereum layer-2 network Blast has crossed $2.1 billion. Notably, the rise in TVL comes just days ahead of its newly announced mainnet launch which is scheduled for Feb 29th. Moreover, the vast majority of the project’s TVL is suspected to come from hopeful airdrop hunters.
Source
2️⃣ Circle Joins Overdare to Add IP Trading, USDC Payouts to Metaverse Gaming Platform 🤝
Overdare, a metaverse gaming project backed by PUBG developer Krafton Inc. and South Korean 3D avatar company Naver Z, has reportedly partnered with stablecoin issuer Circle to make in-game Web3 wallets and USDC revenue payouts available on the platform. Overdare is slated to launch in the second half of this year.
Source
3️⃣ Michael Saylor's MicroStrategy Purchased an Additional 3K BTC, Now Holds $10B Worth 💸
MicroStrategy, the largest corporate holder of Bitcoin, has reportedly purchased an additional 3,000 BTC for $155 million. Notably, this brings the company's total holdings up to 193,000 coins, worth roughly $10.9B at the current price of $56K per BTC. Saylor revealed that the firm acquired the new tokens at an average price of $51,813 each. This brings the average price of each BTC the firm owns to $31,544.
Source
4️⃣ Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk 🥶
According to a Medium post by Tornado Cash community member Gas404, user deposits on the token mixer are at risk due to the insertion of malicious code in the protocol's back end. Specifically, the post explains that a malicious javascript code was hidden from a two-month-old governance proposal submitted by an alleged Tornado Cash developer on Jan. 1. The code supposedly redirects deposit data to a public server hosted by the alleged developer. The post also details that one deposit has been stolen out of this batch seen on etherscan.
Source
5️⃣ Deadline Looms For Hong Kong Crypto Exchanges To Apply For Licensing ‼️
Crypto exchanges in Hong Kong reportedly have only a couple of days (Feb. 29) left to apply for a virtual asset trading platform (VATP) license issued by the city’s Securities and Futures Commission (SFC). Notably, businesses that fail to do so will be forced to liquidate their company and exit the region within three months. As of Feb. 26, 18 crypto exchanges have applied for registration with the SFC, including OKX, Bybit, Crypto.com and Binance-linked HKVAX. Currently, the only exchanges that have received their Hong Kong VATP licenses are OSL and HashKey.
Source
6️⃣ HTX Withdraws Hong Kong Crypto Exchange Application 🤔
According to a notice on the Securities and Futures Commission (SFC) website, the Hong Kong-based subsidiary of HTX has withdrawn its application for a virtual asset trading license in the city. The SFC’s website shows that the application was withdrawn three days after it was submitted. However, it remains unclear why the application was withdrawn.
Source
🔥 Rally Report 🔥
APTOS
The price of APT has rallied by 13% in the past 24 hours.
WHY?!
🤝 South Korean advertising firm Daehong Communications, a subsidiary of Lotte Group, has partnered with Aptos Foundation to undertake Web3-powered strategic global expansion.
🔍 Notably, the partnership will create a Web3 hub for Lotte. Daehong reportedly plans to introduce loyalty programs, NFT-based profile picture projects, and entertainment, among other initiatives within Lotte Group’s Web3 hub.
If you want to buy or trade APT, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Everyone knows that AI is today’s biggest narrative, but what will tomorrow’s be? Believe it or not, but it could be quantum computing. It seems that nobody has noticed all the developments in this industry.
It’s getting to the point that many are speculating that quantum computing will soon experience its own ‘ChatGPT moment’. The catch is that this moment probably isn’t going to look anything like ChatGPT.
Instead, it will be news about a major individual or institution getting hacked via quantum, something that will lead to a scramble for post quantum tech, and send certain stocks and cryptos vertical.
This is a video you need to watch until the end.
🔥 Rally Report 🔥
DOGWIFHAT
The price of WIF has rallied by 5% in the past 24 hours.
WHY?!
🎙 Crypto exchange Binance has announced that WIF will be listed with the seed tag for trading on the platform. Specifically, spot trading for the asset will begin at 14:00 UTC today.
🕯 Notably, Binance will feature four spot trading pairs: WIF/BTC, WIF/USDT, WIF/FDUSD and WIF/TRY.
If you want to buy or trade WIF, we have an exclusive trading fee discount of up to 60% on Kucoin 👇
🔗 https://www.coinbureau.com/deals/trading/kucoin/
🚨 New Video Alert!! 🚨
It’s time for another weekly crypto review. On this week’s menu we’ve got last weeks rally, and an analysis of a potential breakout to new all time highs for BTC as soon as this week.
As side dishes we’ve got the slow rotation into ETH which could come sooner than people expect, the memecoin mania that’s making millionaires, and a long term forecast for major stock indices.
For dessert, we’ve got an analysis of last week’s top performing cryptos. Spoiler: they were all memecoins. Although most of them seem to be overbought, a few could still have room to run.
Enjoy!
🔥 Rally Report 🔥
PEPE
The price of PEPE has rallied by 70% in the past 24 hours.
WHY?!
📈 Part of a broader rally seen among meme coins.
🔍 Notably, a tweet from Lookonchain reveals that PEPE’s price action is led by whale accumulation.
If you want to buy or trade PEPE, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
The promise of crypto is that you can be on your own bank, but there’s not much else you can do that’s similar to a bank than custody your own assets. That is, until now.
There are emerging technologies in Bitcoin’s ecosystem which could provide the infrastructure to create a truly decentralised, permissionless, private, and BTC backed banking system.
Although these technologies are still in their early stages, the increased interest in Bitcoin’s ecosystem has supercharged their development, and we could see Bitcoin banks sooner than you think.
This is a video you can’t miss!
🔥 Rally Report 🔥
DOGWIFHAT
The price of WIF has rallied by 27% in the past 24 hours.
WHY?!
📈 The rally seems to follow a series of liquidations of short bets placed on dog-themed meme coins yesterday.
🔍 Notably, data from Coinglass reveals that shorts on Dogecoin, Shiba Inu, Pepe, Floki and Bonk saw over $50 million in liquidations in the past 24 hours. The rally also seems to be fuelled by WIF being the first prominent meme coin to have achieved the $1 price tag.
If you want to buy or trade WIF, we have an exclusive trading fee discount of up to 60% on Kucoin 👇
🔗 https://www.coinbureau.com/deals/trading/kucoin/
🔥 Rally Report 🔥
FLOKI
The price of FLOKI has rallied by 107% in the past 24 hours.
WHY?!
📈 Part of a broader rally seen among meme coins today.
☄️ The rally is also fuelled by the FLOKI DAO successfully passing a vote to burn 190,918,585,431.84 FLOKI tokens (worth $24 million). Additionally, Floki announced that it crossed $400M in TVL across two of its key ecosystem products.
If you want to buy or trade FLOKI, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
AXELAR
The price of AXL has rallied by 59% in the past 24 hours.
WHY?!
▶️ Crypto exchange Binance announced earlier today that AXL will be listed with the seed tag for spot trading on the platform at 11:30 UTC today.
☄️ Payments firm Ripple also announced that it was partnering with the Axelar Foundation to add interoperability to the XRP Ledger (XRPL) blockchain. Notably, the partnership which focuses on the tokenization of real-world assets, will enable developers to use Axelar’s General Message Passing (GMP) to execute calls on smart contracts residing on over 55 blockchains.
If you want to buy or trade AXL, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Everyone knows that crypto is BANNED in China.
But did you know it’s still Binance’s biggest market?
Today we’re investigating China’s notorious ‘ban’ on crypto, and much more as we break down a new market report covering five countries in East Asia.
Tired of getting rekt in your sleep during those wild ‘Asia Hours’ you keep hearing about?
You know what that means: this is a video you can’t afford to miss!
🔥 Rally Report 🔥
TONCOIN
The price of TON has rallied by 21% in the past 24 hours.
WHY?!
📣 Pavel Durov, the founder of Telegram, announced that the messaging platform will start distributing 50% of any revenue that Telegram makes from displaying ads in Channels to Channel owners.
💰 Notably, Durov also stated that these rewards will exclusively be paid as $TON via the network.
If you want to buy or trade TON, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
ARWEAVE
The price of AR has rallied by 41% in the past 24 hours.
WHY?!
🎙 The rally follows the release of the public testnet for Arweave AO, a scalable blockchain network built on Arweave’s data storage platform. The team states that the difference between Arweave AO and other high-performance blockchains like Aptos and Sui is that it could support storing large amounts of data, including AI models.
☄️ Arweave plans to have multiple audits for Arweave AO before launching the mainnet in 2024.
If you want to buy or trade AR, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
There’s a new kid on the block!
ERC-404, an all-new token standard, aims to combine the non-fungible aspects of NFTs with the fungibility of ERC-20 tokens - a fungible NFT, if you will.
This new standard has only been with us for less than a month. Despite this, it’s already managed to carve its way into the market, quickly becoming one of crypto’s biggest talking points.
However, not all of this talk is positive. ERC-404 is not only a hot topic for its potential, but also for its controversy.
That’s why today, we take a look at ERC-404, how it came to be, why it has divided investor opinions, and how this could disrupt the entire NFT ecosystem.
This is a video you cannot miss!
🔥 Rally Report 🔥
STACKS
The price of STX has rallied by 27% in the past 24 hours.
WHY?!
📈 Part of a broader rally following BTC’s price surging above the $56,000 mark.
☄️ BTC’s rally seems to have especially resulted in some bullishness trickling down to BTC ecosystem projects, including STX.
If you want to buy or trade STX, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
🔗 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Happy Monday everyone! In this week’s crypto review, we’ve got a lot of alpha for you. We bet you’re wondering why BTC is stuck at 52k, and when ETH will finally rally – we’ve got you covered.
We also bet that you missed the most important headline from last week, and that’s Circle moving away from Tron. This could have profound implications for the crypto market that we unpack in detail.
And of course, we take a look at all the AI insanity in the stock market, and give you our analysis of where last week’s top performing cryptos are headed next. Spoiler: they’re all AI related.
Enjoy!