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Showing posts from June, 2023

Chimpzee Presale Raises $650K Set To Explode At Launch

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Join Our Telegram channel to stay up to date on breaking news coverage Chimpzee is the next environmentally friendly project that will revolutionize the crypto market and might earn returns of 100x their initial investment. Chimpzee has drawn the interest of lots of investors and crypto fans worldwide, making it acquire an incredible $650k in its CHMPZ coin presale. What is Chimpzee? Chimpzee‘s goal is to help people save animals and the environment while also generating passive income. The Chimpzee initiative places a strong emphasis on environmental protection because it follows this philosophy in all of its endeavors. In doing so, it hopes to raise money and support groups working to save endangered creatures and stop deforestation. The Chimpzee store, the NFT Marketplace, and the Zero Tolerance Game are just a few of the platforms that will be developed as part of the ecosystem to make the vision a reality. All of these parts work together seamlessly. The Chimpzee ...

CLV Integrates with GateKeeper

CLV Integrates with GateKeeper for PolygonID verifiable credential management. The CLV platform recently announced the integration of PolygonID with the CLV Wallet, ushering in a new age of security, privacy, and convenience for crypto lovers around the world. This innovative collaboration empowers CLV Wallet users with unmatched control over their digital identities by harnessing the potential of zk-proofs. Now, they are excited to take the necessary next step to bridge the user to PolygonID through GateKeeper, a Web3 content gating and verifiable credential issuance solution. GateKeeper — the Keymaster of Privacy-Preserving Identity In a world where digital identities and verifiable credentials are scattered across a fragmented landscape, GateKeeper emerges as the ultimate solution, wielding the power to integrate, customize, and bridge the gaps. Verifiable credentials hold the immense value that unlocks the doors to restricted projects, protocols, or businesses. In addition, GateKee...

Binance Coin Trades Marginally But Holds Above $220 Support

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Jun 29, 2023 at 10:56 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report, Binance Coin (BNB) price is moving in a range between $220 and $260. Binance Coin price long term forecast: bearish The cryptocurrency has been stuck in a range since June 12. Due to the presence of Doji candlesticks, the price movement has been static. The 21-day line SMA has limited the upward movement. In other words, BNB/USD is now trading in a limited range between $220 and $240. Yesterday, resistance at $240 held back the BNB price. At the time of ...

What is Harry Potter Obama Sonic 10 Inu (ERC-20) And Why Is It Among the Most Trending Cryptocurrencies on DEXTools?

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Join Our Telegram channel to stay up to date on breaking news coverage The fun crypto asset Harry Potter Obama Sonic 10 Inu has emerged as one of the most trending cryptocurrencies on DEXTools in recent days, ranking a. Hot #1 at the time of writing. Not long ago, Twitter was rife with memes about the project’s name. Harry Potter ObamaSonic 10 Inu, however, has been growing from strength to strength. The ERC-20 token price at the time of writing is $0.0145, according to CoinMarketCap. HarryPotterObamaSonic10Inu had seen a peak high price of $0.02752 earlier this month. What is Harry Potter Obama Sonic 10Inu? According to its whitepaper , “HarryPotterObamaSonic10Inu (Ticker: BITCOIN) is a fun Cryptoasset that incentivizes the creation of novel and entertaining meme content.” The platform aims to provide a setting where dedicated community members may communicate, work together, and spread CoinLore (the history of the token) to other crypto enthusiasts. The pr...

MicroStrategy boosts bitcoin portfolio with additional $347m investment

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MicroStrategy has announced the acquisition of an additional 12,333 bitcoins, investing roughly $347 million, thereby solidifying its position as a significant player in the crypto landscape. As per a recent Securities and Exchange Commission (SEC) filing, MicroStrategy, under the helm of Michael Saylor, has expanded its bitcoin portfolio with an additional investment of $347 million. The purchase, executed between April 29 and June 27, added 12,333 bitcoin s to the company’s digital asset inventory, bought at an average rate of approximately $28,136 per coin. MicroStrategy has acquired an additional 12,333 BTC for ~$347.0 million at an average price of $28,136 per # bitcoin . As of 6/27/23 @MicroStrategy hodls 152,333 $BTC acquired for ~$4.52 billion at an average price of $29,668 per bitcoin . $MSTR https://t.co/joHo1gEnR0 — Michael Saylor️ (@saylor) June 28, 2023 This significant purchase escalates MicroStrategy’s total holdings to 152,333 BTC. Given the cur...

Is BIBLE the Next Bitcoin? Price Analysis and Future Predictions

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Join Our Telegram channel to stay up to date on breaking news coverage Bible Token ($BIBLE): Exploring the Intersection of Finance and Cultural Allegories The Bible Token ($BIBLE) sits at the intersection of contemporary finance and cultural allegories. The meta of Jesus is a meme coin, a cryptocurrency that relies on humor, memes, and cultural allusions cultivated by social media.  Bible Token wants to promote financial innovation by enabling quick and safe transactions and promoting decentralized solutions by utilizing the Ethereum blockchain. Decentralized cryptocurrencies and religious themes are two important contemporary trends the token rides on. The novel approach combines crypto aficionados and those motivated by Jesus’ teachings and symbols. Bibles are beacons of light in the crypto world, illuminating lives, igniting faith, and fostering intercultural understanding.  There’s more to it than just a currency. Despite its funny premise, it’s serious: ...

BCH gains 112% following EDX Markets listing

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Bitcoin cash (BCH) has experienced a surge of 112% in value within a week of being listed on EDX Markets, a platform supported by prominent financial institutions. BCH reaches new heights Bitcoin cash (BCH) has witnessed an extraordinary surge, with its value skyrocketing by 112% over the past seven days. This remarkable upswing can be attributed to two significant factors: BlackRock’s application for a bitcoin spot ETF and the launch of EDX Markets. BlackRock’s recent application for a bitcoin spot ETF has triggered excitement in the cryptocurrency market. This interest has created a bullish sentiment around bitcoin and projects like bitcoin cash. You might also like: Bitcoin Cash (BCH) Undergoes Halving; Here’s All You Need to Know The introduction of EDX Markets has also emerged as a catalyst for bitcoin cash’s (BCH) recent price surge.  EDX Markets, a trading platform specifically designed for institutional investors, has gained immense attentio...

EOSIO Network Implements Upgrade Through Hard Fork

Join Our Telegram channel to stay up to date on breaking news coverage EOSIO recently successfully executed its first consensus hard fork. The hard fork comes with the network’s v1.8 upgrade, and the new version comes with enhancements to the blockchain network. EOSIO hard fork and blockchain upgrades The upgrade to EOSIO’s network is designed to make the system more scalable and secure in the future. The v1.8 that has come through the hard fork allows users of the blockchain to engage more cheaply with the network. It also brings more functionality to the network in comparison to previous versions of it. According to Brendan Blumer, CEO of Block.one, the upgrade will allow developers to achieve free and frictionless UX to their customers. Block.one is responsible for the development of EOSIO. Congratulations #EOS, today’s 1.8 upgrade now allows application developers to offer a free and frictionless UX to their customers. Users no longer need to worry about resources! ...

Optimism network transactions surged 67% following Bedrock upgrade — Nansen

The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward. Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade , according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade , but this figure increased to over 550,000 by the middle of June. Since Optimism's Bedrock upgrade on June 6 Its daily transactions have increased by about 67% to ~500k And gas fees are reduced by about 50% to ~$50k pic.twitter.com/9ACIMMFHbl — Nansen (@nansen_ai) June 26, 2023 Optimism, a layer 2 of Ethereum, implemented its Bedrock hard fork on June 6. It was intended to reduce deposit times and fees, as well as increase the network’s security. According to the June 26 Nansen report, daily fees have fallen from $80,000 worth of Ether (ETH) directly before the upg...

DeFi: Whale Buys $13 Million AAVE Tokens, Price Rallies 35%

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With the collective market consolidating, DeFi token AAVE has managed to register a 35% rally. From its daily low of $56.95, the asset climbed up to $76.9 in just less than 12 hours. Its 35% uptick, however, quickly lost steam and AAVE started retracing. At press time, the token is at $64.63, down 16% from the aforementioned peak. AAVE/USDT by TradingView Also Read: Crypto Hacks Drop 70% in Q1 2023: Research Data from Lookonchain revealed that a particular whale accumulated 182,152 AAVE tokens, approximately worth $13.2 million from exchanges via multiple addresses over the past day. Post all the ‘in’ transactions, the whale’s wallet held a total balance of 399,585 AAVE, worth $29 million. However, a couple of hours back, the whale started selling tokens. According to on-chain data from Etherscan, the large participant transferred ‘out’ around 38,000 AAVE tokens. These tokens, in retrospect, were sent to exchanges via multiple addresses. Source: Etherscan Along with the whale, Tron fou...

DOJ unseals Mt. Gox charges against 2 Russian nationals

US charges a gains t two Russian nationals tied to the 2011 hack of Mt. Gox, the then-massive bitcoin exchange, were unsealed on Friday.  The Department of Justice named Alexey Bilyuchenko and Aleksandr Verner with conspiracy to commit money laundering. Bilyuchenko was also charged in another investigation from the Northern District of California, which alleged that Bilyuchenko worked with Alexander Vinnik.  Bilyuchenko was charged with an additional count of money laundering conspiracy, as well as operating an unlicensed money services business.  Assistant Attorney General Kenneth Polite said that the charges mark an “important milestone” in prosecutors’ dual “major cryptocurrency investigations.”  “As alleged in the indictments, starting in 2011, Bilyuchenko and Verner stole a massive amount of cryptocurrency from Mt. Gox, contributing to the exchange’s ultimate insolvency,” Polite said. “Armed with the ill-gotten gains from Mt. Gox, Bilyuchenko allegedly went on to help set ...

Ethereum staked ready to flip ETH on crypto exchanges

Ethereum is fast approaching a very particular flippening.  No, ether (ETH) isn’t about to eclipse bitcoin (BTC) in terms of market cap (at least, not yet).  Instead, the raw number of ETH staked inside the Ethereum blockchain is set to surpass the ether kept on crypto exchanges for the first time ever some time over the next few weeks. Earlier this week, there was 22.8 million ETH ($39.75 billion) completely staked compared to almost 24.3 million ETH ($42.38 billion) sitting on exchanges, per Nansen data analyzed by Blockworks. Each represents about 20% of ETH’s circulating supply. That worked out to be only 6.12% more ETH on exchanges than staked. At the end of May, that spread was almost 16%.  At the start of the year, it was more than 41%. It’s not the actual flippening, but it’ll do Overall, there’s 4.9 million fewer ETH ($8 billion) on crypto exchanges than at the start of the year — a 17% reduction. And there’s 5.7 million more ETH ($9.4 billion) locked in the Ether...

Trader Believes BTC, LTC, & LINK Are Showing Promising Signs

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In a tweet, Michael van de Poppe revealed his bullish expectations for BTC, LTC, and LINK. All three of these cryptos saw their prices increase over the past 24 hours of trading. Technical indicators on all three cryptos’ charts suggest the possibility for further price increases. The renowned crypto trader and analyst Michael van de Poppe predicted in a tweet yesterday that the crypto market may rally in the next few months. In his post, the trader stated that Bitcoin (BTC) closing this week’s weekly candle above $30K will be great for the market. Meanwhile, van de Poppe also stated that Litecoin (LTC) is “making itself ready for some massive weeks.” Chainlink (LINK) was also included in the trader’s tweet, as it was able to claim a position back above $6. Bitcoin (BTC) CoinMarketCap indicated that most of the top 10 biggest cryptocurrencies were able to record price gains over the past 24 hours, and BTC was no exception. The market leader’s price rose by ...