TLDR BONK token price surged 25% after a proposal to burn 84 billion tokens Solana-based altcoins, including BONK, POPCAT, and WIF, show bullish trends BONK’s trading volume increased by 151.63% to $516.43 million POPCAT, inspired by BONK, has gained 15.07% in the past day WIF (Dogwifhat) added 3% to its portfolio with a market cap…
Grand Cayman, Cayman Islands, July 9th, 2024, Chainwire In a step forward for the derivatives ecosystem on Arbitrum, two prominent DeFi projects, GMX and Gains Network, have unveiled bids to integrate their platforms into Kwenta’s upcoming perpetuals marketplace. Kwenta, the leading perpetual futures exchange on Optimism, expanded its reach earlier this year by launching the…
TLDR VanEck and 21Shares have filed for Solana (SOL) ETFs with the SEC. The Chicago Board Options Exchange (Cboe) submitted 19b-4 filings to list these potential Solana ETFs. The SEC has 240 days to make a decision on the Solana ETF applications once they acknowledge receipt. Solana’s price jumped over 7% following the news of…
TLDR Artur Schaback, co-founder of Paxful, pleaded guilty to conspiracy to fail to maintain an effective anti-money laundering (AML) program. Schaback faces up to 5 years in prison and is scheduled for sentencing on November 4, 2024. The charges allege Schaback neglected know-your-customer (KYC) and AML processes, allowing criminal activity on the platform. Paxful was…
TLDR Bitcoin ETFs saw nearly $300 million in net inflows on July 8, the highest since early June. BlackRock’s IBIT led with about $180-190 million in inflows. This buying activity comes amid selling pressure from Mt. Gox repayments and German government BTC sales. Bitcoin’s price jumped 7.4% in 12 hours, reaching around $57,000. Whale activity…
Swiss crypto bank Amina Bank has partnered with Pyth Network to provide more accurate price feeds for users. This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications. The real-time price feeds allow Amina Bank to generate an entirely new revenue stream for its business without…
The leading iGaming platform BC.GAME has secured a significant partnership with English Premier League Club Leicester City Football Club, becoming the club’s “Official Principal Partner” in a multi-year deal. Moreover, in alignment with this partnership, the iGaming project also launched a new token, the $BC, which is set to elevate users’ iGaming experience. Strategic Partnership…
It’s finally been a day of positivity within the cryptocurrency market. The total capitalization increased above $2.2 trillion on the back of multiple coins charting substantial recoveries from yesterday’s lows. Bitcoin’s price seems stable, but it’s important to take this calmness with a grain of salt as the sentiment remains uncertain. Bitcoin Solidifies at $57K…
TL;DR Bonk Inu’s price surged 25%, making it the fifth-largest meme coin with a market cap over $1.7 billion. Despite gains, traders are warned about the volatility of meme coins and advised to invest cautiously. BONK Leads the Pack The meme coin realm is back on the green track today (July 9), with its market…
The cryptocurrency scene is awash with drama as Cardano (ADA) witnesses a downturn and Shiba Inu (SHIB) enjoys a fleeting rally. Amid these fluctuations, BlockDAG shines brightly, offering a beacon for those looking for a more stable and promising investment. Recently, BlockDAG celebrated a massive 1300% increase in coin value, accompanied by a $56.6 million…