PRESS RELEASE. Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor. This premier blockchain and digital asset event brought together industry leaders, policymakers, and innovators to engage in crucial discussions shaping the future of the blockchain ecosystem. Consensus 2024:…
Major Milestone: Expanding Global Reach with New Listings and Exciting Promotional Events Bad Idea AI, a tokenized artificial intelligence project working at the intersection of project governance and artificial intelligence, is thrilled to announce its listing on two major centralized exchanges: CoinW and BingX. This pivotal development marks a significant milestone for Bad Idea AI,…
TL;DR Bitcoin has surpassed $71,000 with a market cap of over $1.4 trillion, showing potential for further growth due to low trader euphoria (FOMO) and a stable RSI at 60. Negative BTC exchange netflow suggests reduced selling pressure as investors move to self-custody, indicating bullish market sentiment. No FOMO Bitcoin (BTC) has been thriving lately,…
Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see Gemini Foundation utilizing Kaiko’s Benchmark Reference Rates to power its derivatives platform. The partnership aims to enhance the stability and security of Gemini’s platform by…
The Ethereum network is set to undergo one of its most extensive upgrades named Pectra, which will integrate the EVM Object Format (EOF) and introduce Vitalik Buterin’s proposed EIP-7702, allowing Ethereum account addresses to act as smart contract wallets temporarily during transactions. The Pectra upgrade, expected to be rolled out in the first quarter of…
TL;DR Polkadot’s native token, DOT, is currently priced at around $7.20, showing a modest 2% weekly increase, despite a booming cryptocurrency market. Analysts, including Michael van de Poppe and Crypto Thanos, predict a potential bull run for DOT, with targets up to $17, driven by fundamental growth, improved use cases, and advancements in AI and…
Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also…
Recent developments in the cryptocurrency market have been nothing short of electrifying. Ethereum ETFs send mixed signals, and Fantom (FTM) is riding a wave of investor enthusiasm following a whale purchase. However, the spotlight is now firmly on BlockDAG and its pioneering miners. The release of Keynote 2 has ignited unprecedented interest, propelling BlockDAG to…
Almost $220 million was once again poured into the spot Bitcoin ETFs yesterday, June 6, thus extending the consecutive inflow streak to 18 trading days in a row. BlackRock’s IBIT had given up its first place in terms of daily inflows but saw $350 million inserted yesterday, while the former leader – Fidelity’s FBTC –…
Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies impermissible. This declaration, which stated that cryptocurrency trading violated Sharia law, was mistakenly released on social media due to an oversight. In response, the Fatwa Center issued a statement titled “Correction and Apologies.” The statement disclosed that…