Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Around 34.69M $ETH is currently staked on the Beacon Chain. That’s a full 30% of Ethereum circulating supply, and might be part of the reason why Ethereum’s up 7% over the past month. In short, staking is good if you’re an $ETH…
Key points: Ethereum price is up 7% on June 10 to trade above $2,680. ETH’s record open interest, rising funding rates and consistent ETF inflows fuel the rally. Ether’s bullish cup-and-handle pattern targets $4,100. Ether’s (ETH) price was trading at $2,679 on June 10, up more than 7% in the last 24 hours. Its daily…
Kujira (KUJI) Crypto is a digital asset operating within the Cosmos network, aimed at merging innovation with financial technology. It operates under a semi-permissioned governance model, prioritizing sustainability and efficiency. Kujira boasts swift block times and supports a variety of decentralized applications (DApps) within its ecosystem. Future developments for Kujira include expansions and interoperability enhancements,…
Key Takeaways Société Générale-Forge plans to launch USD CoinVertible, a US dollar stablecoin, on Ethereum and Solana. BNY Mellon will act as the reserve custodian for USDCV, and trades will start in July. Share this article SG Forge, the digital assets subsidiary of French banking powerhouse Société Générale, announced on Tuesday the launch of USD…
Ripple Labs will invest $5 million to strengthen blockchain education and research across the Asia-Pacific region. According to a June 10 announcement on the company’s blog, Ripple is expanding its University Blockchain Research Initiative in Asia-Pacific with a new $5 million investment. The fund will support academic research and student-led innovation in six countries. This…
BlackRock’s iShares Bitcoin Trust (IBIT) “just blew through $70 billion” in assets under management, observed Bloomberg ETF analyst Eric Balchunas on June 9. It is now the fastest ETF ever to hit that mark in only trading 341 days, he said before adding that this is five times faster than the previous record held by…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants to raise $340 million through a unique kind of share sale that happens day by day. Blockchain Group, known for stacking Bitcoin on its balance sheet, announced plans to partner with asset manager TOBAM to…
The crypto community has taken a keen interest in artificial intelligence of late, including discussing its potential to replace humans in jobs, according to the onchain analytics platform Santiment. Santiment’s Alpha Narratives dashboard found on various social media channels like X, between May 29 and June 5, users were discussing various aspects of AI, including…
In the bustling world of cryptocurrency, underrated altcoins under $1 like ETFSwap (ETFS), zkSync (ZK), and Notcoin (NOT) stand out as good alternatives to Bitcoin (BTC). This is because these altcoins present exceptional investment potential with their innovative technologies and accessible price points. Why ETFSwap (ETFS) Tops Altcoins Under $1 Experts in the market believe…
Key Takeaways A suspected hack of Paraguayan President’s X account led to a false announcement about Bitcoin becoming legal tender in Paraguay. The announcement raised doubts due to unusual decree formatting and absence from official channels, prompting an investigation. Share this article Paraguayan President Santiago Peña’s X account on Monday posted an announcement claiming that…
