[PRESS RELEASE – Zurich, Switzerland, August 8th, 2024] Today marks the launch of Solana Bot, a new automated tool designed to enhance Solana coin leveraging efficiency. This bot leverages advanced algorithms to streamline the leverage process, making it accessible to both novice and experienced traders. It works automatically with no work. Advancing Solana Leveraging with…
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar recovery is the largest recovery in CFTC history. FTX and Alameda Ordered…
Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value has grown from $952,443 to $115.92 million. Yield-Bearing Stablecoins Continue to Rise In the midst of the rising popularity of…
Bitcoin briefly tumbled below $50,000 earlier this week as the market saw the sharpest correction since the FTX crisis. The subsequent recovery, though, pushed the asset’s price above $57,000. Despite the chaos in the broader market, bitcoin’s technical charts show a bullish flag, while on-chain data reveals rising buying pressure, reinforcing the bullish outlook. Strong…
Market corrections are the best times to accumulate undervalued coins, and institutional investors and high-net-worth investors utilize these times at their best. The report launched recently showed a trader with a $10 billion net worth is betting on the DTX Exchange; according to the reports, the trader’s final position size is going to be 20%…
[PRESS RELEASE – New York, United States, August 8th, 2024] Pawfury has proudly announced that it has surpassed the $5 million milestone in its presale phase, solidifying its position as a significant contender in the cryptocurrency sector. This achievement is particularly remarkable given the recent market volatility affecting major cryptocurrencies. Appeal and Innovative Token Model…
The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per coin. This rapid climb on Aug. 8 resulted in $212.59 million in derivatives liquidations across the entire crypto market within the last day. Crypto Economy…
XRP has decoupled from the broader crypto market, outperforming all top assets in terms of daily gains. While the rest of the market struggles, XRP experienced a sharp price increase of nearly 20% in the past day, reaching $0.64 on Thursday before slightly retracing to $0.61. As a result of the continued uptrend, XRP has…
Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of bitcoin has been transferred to long-term holder addresses over the last 30 days. These recent statistics suggest that some investors are seizing the current price…
Pepe Unchained (PEPU) is going viral with its unique approach: combining the hype of meme coins with the power of layer-2 technology. This project has already passed $7.5 million in its presale, proving its ability not only to withstand weather market storms – but thrive in them. Pepe Unchained – The New Meme Coin with…