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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
🏠 First Real-Life Assets to Be Tokenized Revealed
The concept of RWA tokenization has been gaining traction, with an increasing number of projects experimenting with tokenized assets.
🇪🇹 Ethiopia to Establish CBDC Framework Following New Banking Reforms, Expert Insights Shared
Ethiopia is poised for a significant financial overhaul with the introduction of a CBDC as part of sweeping banking reforms.
🔗 Spot Bitcoin ETFs See $129M in Inflows, Largest in Almost a Month
Spot Bitcoin ETFs saw $129.45 million in daily net inflows on Monday, marking the fifth consecutive day of positive flows for these funds.
Polychain-Backed Lombard Raises $16M to Scale Bitcoin Yield Solutions
Yield-bearing liquid Bitcoin solution Lombard on Tuesday announced it raised $16m in a funding round led by Polychain Capital.
📚 Crypto Glossary: Navigating crypto made simple! 📚
In this series, we'll unravel the intricate terminology that surrounds the crypto space, making it easier for you to navigate and understand the fast-paced world of digital assets.
Let's kick things off with a few key terms👇
🔎 Oracles: Services that provide real-world data to smart contracts, allowing them to interact with external systems.
🔎 Gas Fee: The fee paid to miners or validators for processing transactions on a blockchain, particularly in networks like Ethereum.
🔎 NFT: Non-Fungible Token, a unique digital asset representing ownership of a specific item, such as art or collectibles, on a blockchain.
🔎 Block Height: The number of blocks in a blockchain preceding a particular block, used to indicate the block's position in the chain.
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📊 Bitcoin Price Prediction: BTC $63,000 Surge; Is $65,000 on the Radar?
Bitcoin price recently surpassed $63,000, showing a slight rebound from previous losses, despite a prevailing negative sentiment toward cryptocurrencies.
📃 GameStop Investors Quickly Withdraw ‘Roaring Kitty’ Lawsuit
A lawsuit targeting Keith Gill, a prominent online investor known as “Roaring Kitty,” for manipulating GameStop stock prices through a “pump and dump” scheme, was withdrawn shortly after being filed.
🐂 Arthur Hayes Hails Bitcoin as Superior Safe-Haven Asset in Current Economic Landscape
BitMEX co-founder Arthur Hayes has hailed Bitcoin as a superior safe-haven asset in the current economic landscape.
🚀 Bubba Kush (KUSH/WETH) Daily Analysis - July 2nd, 2024:
👉 Overview:
🔸 Bubba Kush (KUSH/WETH) is experiencing a significant surge in both price and trading volume, positioning it as an attractive but speculative asset in the current market.
👉 Key Metrics:
🔸 Market Capitalization: $148.33K, indicating Bubba Kush is a micro-cap token.
🔸 Liquidity: $41.22K, suggesting a relatively small liquidity pool.
🔸 Circulating Supply: 420.69 billion tokens, which is a large supply and typically suggests a lower individual token price unless there is strong demand.
🔸 Number of Holders: 253, showing a growing but still limited holder base.
🔸 24-Hour Trading Volume: $601.18K, a substantial volume compared to the market cap, indicating high trading interest and activity over the past day.
🔸 Current Price: $0.063525, after a notable 2,996% increase in the last 24 hours.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
3. Pigeon (PIGEON/WETH) 🚀
🔹 24h Price Change: +2,492%
🔹 Current Price: $0.0009898
🔹 Phenomenal Surge: Pigeon has experienced a substantial boost, with its price rising by 2,492% in the past day, marking it as a significant mover.
🔹 Market Interest: The increase in Pigeon’s value suggests growing interest and trading activity, potentially sparked by recent announcements, technological updates, or community-driven events.
🔹 Strategic Insight: To capitalize on Pigeon’s rise, focus on understanding the underlying causes of its price movement. Monitor for any recent news, market trends, or strategic partnerships that might be influencing its value.
🔹 Trade Wisely: Given Pigeon’s notable increase, it’s important to remain vigilant and manage your investments wisely. Be mindful of potential market volatility and plan your trades with care.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. MetaKingDom (MetaKing/WETH) 🚀
🔹 24h Price Change: +19,588%
🔹 Current Price: $0.001620
🔹 Phenomenal Surge: MetaKingDom has skyrocketed by an incredible 19,588%, making it a major highlight in today's market.
🔹 Market Interest: The massive surge in MetaKingDom suggests a significant rise in trading activity and investor enthusiasm, potentially driven by recent developments or strong community backing.
🔹 Strategic Insight: Investigate the driving factors behind MetaKingDom’s explosive growth. Look for recent announcements, partnerships, or viral trends that could be propelling its demand.
🔹 Trade Wisely: Given the extreme volatility, it's crucial to stay informed and establish clear trading strategies. Be prepared for potential market corrections and employ robust risk management practices.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨⚖️ Binance US Prepares for Legal Showdown with SEC Amid Regulatory Dispute
Binance US is bracing for a legal showdown with the Securities and Exchange Commission (SEC) as the regulatory dispute escalates.
🔥 B2Broker Launches B2Trader v1.1 with BBP Prime, Advanced Reports, and iOS Support
B2Broker's B2Trader Platform 1.1 update adds BBP Prime, advanced reports, and customizable layouts for a better user experience.
LEARN MORE 🔗
#pr #cryptonews
🚀 Spot Bitcoin ETFs See $129M in Inflows, Largest in Almost a Month
Spot Bitcoin ETFs saw $129.45 million in daily net inflows on Monday, marking the fifth consecutive day of positive flows for these funds.
Malaysia’s Affin Bank Plans to Roll Out Country's First-Ever Islamic Digital Asset Fund
A Malaysian bank plans to launch an Islamic version of the country's first digital asset fund by the third quarter of this year.
⚡️ Binance US Prepares for Legal Showdown with SEC Amid Regulatory Dispute
Binance US, the American branch of global cryptocurrency exchange Binance, is bracing for a legal showdown with the SEC as the regulatory dispute escalates.
🌴 The Bahamas Mandates Banks to Support its ‘Sand Dollar’ CBDC, Sets Two-Year Timeline
The Central Bank of The Bahamas, which launched world’s first digital fiat currency in 2020, is mulling to mandate banks to support its CBDC – “Sand Dollar.”
🇺🇸 U.S. Marshals Service Chooses Coinbase Prime for Custody Services in $32.5M Contract
The U.S. Marshals Service (USMS) has partnered with Coinbase Prime, the brokerage platform of major crypto exchange Coinbase.
🇸🇬 Paxos Secures DPT License in Singapore to Issue MAS-Compliant Stablecoin
Crypto firm Paxos has received full approval from Monetary Authority of Singapore (MAS) to offer digital payment token (DPT) services.
🇲🇾 Malaysia’s Affin Bank Plans to Roll Out Country’s First-Ever Islamic Digital Asset Fund
Malaysia’s Affin Bank plans to launch an Islamic version of its Cross Light Capital Performa Digital Asset Fund by the third quarter of this year.
📊 Solana Surges 12% Since VanEck SOL ETF Filing
Solana (SOL) has surged around 12% in the last seven days following VanEck’s recent filing for a spot Solana exchange-traded fund (ETF).
🌟 Silvergate Bank Sued for Inadequate Compliance Program
Silvergate Bank has been charged by the Securities and Exchange Commission (SEC) for misleading investors about the effectiveness of its Anti-Money Laundering (AML) compliance program.
💸 Germany Transfers Another $17.6M Worth of Bitcoin to Major Exchanges, Hinting at Potential Sell-Off
German authorities have sent an additional 282.74 BTC to crypto exchanges, raising speculation about a potential sell-off of the assets.
⛏️ Bitfarms Mined 189 BTC in June, Up 21%, Amid Hostile Takeover Attempt from Riot Platforms
Bitfarms disclosed a 21% month-on-month increase in Bitcoin production for June, mining a total of 189 BTC but sold 134 of these Bitcoins for approximately $8.8 million, leaving with 905 BTC valued at around $57 million.
2. Bork (BORK/WETH) 🚀
🔹 24h Price Change: +7,679%
🔹 Current Price: $0.053884
🔹 Phenomenal Surge: Bork has seen a dramatic rise, with its value increasing by 7,679%, capturing significant attention in the crypto sphere.
🔹 Market Interest: Bork’s notable surge indicates a spike in market interest, possibly driven by new updates, community initiatives, or favorable news coverage.
🔹 Strategic Insight: To understand Bork’s dramatic increase, delve into the recent catalysts influencing its market performance. Analyze community sentiment, technological advancements, or external endorsements that might be contributing to its growth.
🔹 Trade Wisely: Approach Bork with caution due to its high volatility. Establishing clear entry and exit points will be essential to navigating this dynamic market effectively.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
♻️ Cardano Foundation Release Sustainability Indicators to Comply with EU MiCA Regulations
The Crypto Carbon Ratings Institute (CCRI) just released a report analyzing Cardano's environmental impact, aligning with the EU's MiCA regulations for sustainable crypto practices.
📄Exclusive: Ethiopia to Establish CBDC Framework Following New Banking Reforms, Expert Insights Shared
Ethiopia's revamping its financial system with a Central Bank Digital Currency (CBDC)! Expert David Ben Kay weighs in on the potential upsides and downsides of Ethiopia's digital currency adventure.
📊 Cryptocurrency price check 📊
🔹 BTC: $62,515 - 1.08%
🔹 ETH: $3,433 - 1.57%
🔹 BNB: $577 - 1.21%
🔹 XRP: $0.48 + 0.22%
🔹 ADA: $0.40 + 2.17%
🤝 U.S. Marshals Service Chooses Coinbase Prime for Custody Services in $32.5M Contract
The U.S. Marshals Service (USMS) has selected Coinbase to provide custody and trading services for its large-cap cryptocurrency holdings.
GameStop Investors Quickly Withdraw 'Roaring Kitty' Lawsuit
A lawsuit targeting Keith "Roaring Kitty" Gill for manipulating GameStop stock prices through a "pump and dump" scheme was withdrawn shortly after being filed.