PRESS RELEASE. Astra Nova, the pioneering Web3 RPG from Saudi Arabia, is excited to announce the launch of its SocialFi platform, The Black Pass. This innovative platform is accessible through a free soulbound NFT and offers a competitive edge by tracking players’ in-game activity. On The Black Pass, users embark on social quests and collect…
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Solana On The Brink? Price Stalemate At Crucial $140 Support
Solana (SOL), the high-speed blockchain network, is facing a balancing act. While experiencing a short-term price bump, analysts warn of a potential plunge if a key technical level crumbles. Bullish Flicker Amidst Bearish Gloom SOL’s price has seen a recent uptick of 3.60%, currently hovering around $162. However, this seemingly positive movement comes against the…
Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here’s Why
ETH/BTC slipped to 0.04563 on crypto exchange Binance soon before press time, reaching the lowest since April 2021, according to charting platform TradingView. This year, the ratio has declined nearly 16%, indicating a bias for bitcoin or the leading cryptocurrency by market value.
Binance develops ‘antidote’ to address poisoning scams after $68M exploit
Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum.
ShibaSwap rolls out major upgrade, moves to Shibarium
Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum.
Report: CME Group to Launch Bitcoin Trading Amid Rising Demand From Wall Street
CME Group, the world’s largest futures exchange, is planning to launch bitcoin trading to capitalize on the surging demand among Wall Street money managers for exposure to the cryptocurrency sector, according to a report from the Financial Times. The Chicago-based group has reportedly been in discussions with traders interested in buying and selling the cryptocurrency…
Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases
“Short-term Bitcoin holders are selling at basically zero profit and traders are depleting their unrealized profits in the last few months,” CryptoQuant analysts shared in a Thursday report. “Bitcoin balances at OTC desks stabilizing, which suggests there is less Bitcoin supply coming into the market to sell via these entities.”
Michael Saylor Foresees U.S. Pension Funds’ Bitcoin Adoption
Michael Saylor, co-founder of Microstrategy and a prominent Bitcoin advocate, recently suggested in a social media post that U.S. pension funds, which collectively manage approximately $27 trillion in assets, will need to incorporate bitcoin into their portfolios. He stated, “There are thousands of pension funds in the United States managing ~$27 trillion in assets. They…
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
“Tornado Cash does not pose any barrier for people with criminal assets who want to launder them,” according to the translated verdict seen by CoinDesk at the time. “That is why the court regards the defendant guilty of the money laundering activities as charged.”
Buckle Up, XRP Fans: Analyst Eyes Price Explosion To $0.65 In Next 5 Days
The price of XRP, the native token of Ripple, has been a topic of much debate lately. While some analysts predict a significant price jump this weekend, others remain cautious due to the coin’s recent struggles and the ongoing legal battle between Ripple and the SEC. Stalled At The Starting Line: XRP’s Recent Performance XRP…