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Cryptocurrency News

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Cryptopotato

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Bitcoin (BTC) Price Eyes $60K, Toncoin (TON) Soars 12% Daily (Market Watch)

  • Bitcoin's price attempted to recover and approached $60,000 but failed to surpass it.
  • Altcoins like ETH and SOL also saw slight gains.
  • Bitcoin experienced a series of declines, dropping to a multi-month low of $56,500.
  • Toncoin (TON) surged by nearly 12% in the past 24 hours.

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Medium

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Increasing Visibility: Prom Network in IQ Wiki

  • Prom Network and IQ Wiki share a vision of security, transparency, and community governance within the blockchain industry.
  • IQ Wiki serves as a comprehensive knowledge hub for the crypto space, providing insights and information about Prom Network.
  • Inclusion in IQ Wiki enhances the visibility and credibility of projects like Prom Network.
  • IQ Wiki offers AI-driven tools like IQ GPT, IQ Social, and IQ Code for deeper engagement and understanding within the industry.

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7 Likes

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Medium

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The Future of Non-Custodial Trading: Redefining Security and Control with TradeSta

  • Enhanced Security: Non-custodial platforms prioritize security by allowing users to maintain control over their private keys.
  • User Control: Non-custodial trading platforms empower users to execute trades and manage assets independently, fostering a transparent and self-directed trading experience.
  • Global Accessibility: Non-custodial trading platforms are accessible to users worldwide, enabling seamless participation in DeFi ecosystems without geographic restrictions or reliance on intermediaries.
  • Interoperability: Non-custodial platforms facilitate interoperability within the broader DeFi ecosystem, interacting with a diverse array of decentralized applications and smart contracts.

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15 Likes

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Medium

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My journey through cryptocurrencies:

  • The author shares their journey through cryptocurrencies and their experiences.
  • They recount their initial excitement and subsequent loss from investing in a company called Infinity and 'shitcoins' like WWD.
  • They reflect on their naïveté and the importance of securing their investments.
  • Despite the setbacks, they found success with Onino, a German-founded cryptocurrency, and Bitcoin.

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18 Likes

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Tokenhell

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Changpeng Zhao To Spend 4 Months in United States Prison

  • Founder and ex-CEO of Binance, Changpeng Zhao, will spend four months in a United States prison after admitting guilt to violating the Bank Secrecy Act.
  • Accusations against Zhao were a result of a probe into whether Binance complied with US financial laws.
  • Zhao pleaded guilty to charges of failing to disclose questionable financial activity, anti-money laundering procedures, and thorough client verification.
  • The impact of Zhao's absence on Binance and the cryptocurrency sector is uncertain, prompting other exchanges to review compliance protocols.

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Coinpedia

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Unveiling BEFE Coin: The MEME Coin Set to Make You Rich

  • BEFE Coin has quickly gained popularity in the meme-coin space.
  • It stands out for its unique approach, vivid design, and lack of presale.
  • BEFE is a multi-utility blockchain ecosystem with compatibility across different chains.
  • Investing in BEFE requires caution and thorough research due to the volatility of meme coins.

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Medium

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Turning $20K of Ethereum into $1M using Flash-Bots — 75% after 75 days

  • MEV (Miner Extractable Value) trading bots exploit inefficiencies and profit potentials within blockchain networks, particularly in decentralized finance (DEFI) environments.
  • To create your own MEV Trading Bot contract, you may need to send 0.1 ETH (or more) and be aware of varying fees and gas prices.
  • In rare cases, the arbitrage may fail due to depletion of ETH in the smart contract, but retrying with different parameters can yield a smaller profit.
  • It is advised to transfer your ETH to another wallet when finished.

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9 Likes

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Coinpedia

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Bitgert Coin: The Hottest New Crypto Taking the Market by Storm

  • Bitgert coin is emerging as the hottest new crypto asset in the market, competing with larger coins.
  • It offers a support system that makes trades cheaper, easier, and faster.
  • Bitgert allows web3 developers to create innovative solutions on the blockchain with its Startup Studio.
  • The coin has been experiencing significant growth, increasing investors' ROI.

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7 Likes

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Altcoinbuzz

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GameShift: Solana and Google Cloud Innovate Gaming

  • Solana Labs has partnered with Google Cloud to introduce GameShift, a platform that seamlessly integrates digital assets and user-generated content into traditional games.
  • GameShift enables game developers to incorporate AI-generated and user-created content as tradable in-game assets, allowing for true digital ownership and new revenue streams.
  • With GameShift, developers can build rich in-game experiences with real asset value, including seamless payments, branded marketplaces, and interoperability of game assets.
  • GameShift simplifies the integration process, allowing developers to subscribe and deploy its functionalities easily without the need for extensive blockchain coding.

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Coinpedia

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Bitcoin’s Bearish Days Over? BTC Price Eyes $78K Marks If This Breakout Takes Place 

  • Bitcoin is showing signs of recovery with a 4% surge in the last 24 hours, bouncing back from recent lows.
  • Top crypto traders are eyeing a breakout above the critical $61,000 resistance level, with expectations of Bitcoin reaching $78,000.
  • Prominent crypto trader Captain Faibik suggests that Bitcoin needs to surpass the $61,000 resistance area to confirm an upside breakout from the Falling Wedge pattern.
  • Former BitMEX CEO Arthur Hayes predicts a bullish rally for Bitcoin, expecting it to rally above $60,000 and remain rangebound between $60,000 and $70,000 until August.

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Analyticsinsight

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Ethereum Price Analysis: A Temporary Surge or Bull Run?

  • Ethereum price has seen notable fluctuations recently, with a 3.13% increase from yesterday but a decline of 4.68% compared to last week.
  • Despite the price dip, Ethereum whales have been increasing their holdings, investing roughly $18 million in the past week.
  • Whale buying pressure stabilizes Ethereum's price and provides liquidity to the market, shielding it from drastic declines.
  • The majority of the top Ethereum wallets belong to ETH 2.0 stakers, which temporarily reduces sell-side pressure and supports Ethereum's price.

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9 Likes

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Intelalley

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Digital Token Identifier to Monitor Crypto Derivative Risk

  • The Digital Token Identifier Foundation (DTIF) has announced that its Digital Token Identifier (DTI) will be deployed for the regulatory reporting of digital asset derivative trades across the G20.
  • The DTI will provide greater support for public authorities in identifying digital asset risks globally and bringing transparency to the crypto derivative trading market.
  • The DTI will be used as an underlier to the Unique Product Identifier (UPI) and the OTC ISIN, enabling regulators to detect systemic risks and market abuse in the crypto-derivative market.
  • Starting from April 29, 2024, crypto-derivatives falling under the EU's EMIR must use DTI in their reporting, allowing EU regulators to monitor derivative risks in digital assets.

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Crypto-News-Flash

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Penguiana’s $PENGU Token Presale Launches, Poised To Challenge Slothana On The Solana Blockchain

  • Penguiana, a penguin-themed meme coin on the Solana blockchain, has launched its $PENGU token presale.
  • Penguiana plans to release a playable penguin-themed play-to-earn (P2E) blockchain game later this year, offering rewards in $PENGU tokens.
  • The presale has a total allocation of 60 million $PENGU tokens, lasting for 30 days.
  • To participate, users need to set up a Solana-compatible wallet, purchase $SOL tokens, and contribute to the presale using the provided instructions.

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Coinpedia

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Bitcoin’s Bottom Out? Arthur Hayes Predicts Gradual Ascent to $70,000

  • Arthur Hayes, the former CEO of BitMEX, predicts a gradual ascent of Bitcoin to $70,000.
  • Hayes believes that Bitcoin has hit its local bottom and will rally to above $60,000.
  • He attributes recent market fluctuations to factors such as tax season pressures and the 'sell the news' behavior triggered by the Bitcoin halving event.
  • Other industry experts, like Jeff Ross and MatrixPort, share a similar outlook, anticipating a more stable and bullish future for Bitcoin.

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Medium

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How to onboard and complete a Quest from a Lorefy community?

  • The CG Meta Game is focused on gathering $VIL by completing quests and acquiring special items.
  • To start, connect your wallet on the Lorefy platform and own a CG Hero, which is the Community Character.
  • You can acquire a Hero through winning a raffle or airdrop, buying from the secondary market, or purchasing from the Shop using $VIL.
  • Boost your Hero's score by collecting loot boxes, which can be bought, obtained through staking, or claimed when completing quests.

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