The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite claims by network contributors that Stacks’ token sale was SEC-qualified. Hiro Systems praised the SEC’s decision, reaffirming its commitment to regulatory…
Litecoin’s network processes a whopping $2.85 billion in transactions, which is over 50% of its market cap. This surpasses the transaction volume of many prominent Layer 1 blockchain networks and potentially demonstrates an increased level of whale activity. For example, Dogecoin has a market capitalization nearly three times that of Litecoin. However, despite its higher…
The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s IBIT leading by bringing in $72.09 million. U.S. Bitcoin ETFs Record Fifth Consecutive Day of Inflows Among the 11 spot bitcoin ETFs trading in the…
[PRESS RELEASE – Grand Cayman, Cayman Islands, July 12th, 2024] Axiom Foundation announced today that it will partner with GolfN to accelerate the field of Play-to-earn in real-world golf. The non-profit foundation has committed to providing blockchain infrastructure for GolfN which will initially include an allocation of the SPL $GOLF token for utility in the…
Grand Cayman, Cayman Islands, July 12th, 2024, Chainwire Axiom Foundation announced today that it will partner with GolfN to accelerate the field of Play-to-earn in real-world golf. The non-profit foundation has committed to providing blockchain infrastructure for GolfN which will initially include an allocation of the SPL $GOLF token for utility in the forthcoming GolfN…
The cryptocurrency market is abuzz with excitement as Notcoin (NOT) and Mpeppe (MPEPE) gain significant momentum. These two tokens are capturing the attention of investors and analysts alike, who are predicting impressive 1000% returns. The innovative features, community engagement, and strategic advancements of both Notcoin (NOT) and Mpeppe (MPEPE) are driving this bullish sentiment. Notcoin…
According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized exchanges have seen 70,966 BTC, valued at $4 billion, withdrawn over the…
Crypto investors, take note: eTukTuk’s (TUK) developers recently burned 600 million TUK tokens. This strategic burn, representing 30% of the total supply, has led to enormous buzz as the project’s presale enters its final stretch. With only three days left, investors are racing to secure TUK tokens at the cuurent price. eTukTuk’s Huge Token Burn…
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516, forming lower highs and lower lows, indicative of a bearish…
[PRESS RELEASE – London, England, July 12th, 2024] Ramp Network, the financial technology company building payment rails connecting crypto to the global financial system, today announced a groundbreaking solution that enables non-custodial wallets to comply with the UK Financial Conduct Authority’s (FCA) regulations and participate in the country’s thriving crypto market. The UK’s Financial Conduct…