The United States government ostensibly holds 28,988 Bitcoin (BTC) units from the previously presumed reserves of around 200k coins. According to a report from the U.S. Marshals Service, the government has silently offloaded its Bitcoin stash without leaving an on-chain footprint for the public to consider. The move has promptedContinue Reading
Justin Sun, a serial entrepreneur with a keen focus on blockchain technology and the web3 space, has announced a strategic investment in Donald Trump-backed memecoin dubbed Official Trump ($TRUMP). The Tron (TRX) founder announced he is committed to purchasing $TRUMP tokens worth $100 million in the near term. The announcementContinue Reading
Solana (SOL) price experienced heightened bearish sentiment during the second quarter and has since approached a crucial crossroads. The large-cap altcoin, with a fully diluted valuation of about $92.3 billion and a 24-hour average traded volume of around $4.6 billion, dropped around 3.2 percent in the last 30 days toContinue Reading
Bitcoin (BTC) demand by institutional investors has remained high amid rising fears of short-term crypto market capitulation. According to market data from CoinShares, Bitcoin’s investment product recorded the second consecutive week of cash inflow last week of about $1.1B. As a result, the BTC’s investment products have posted a netContinue Reading
Coinbase Global Inc. (NASDAQ: COIN) announced plans to list Fartcoin (FARTCOIN), a fast-growing Solana (SOL)-based memecoin. The cryptocurrency exchange announced that trading of FARTCOIN will commence on Thursday, June 12, 9AM PT, if the set liquidity conditions are met. Coinbase highlighted that the trading of FARTCOIN against the U.S. dollarContinue Reading
After a major downfall in the relationship between the two most powerful pro-crypto individuals, Elon Musk and Donald Trump on Thursday, Bitcoin (BTC) has led the wider crypto market in heightened volatility. The flagship coin teased below $101k in the past 24 hours before rebounding from the support level aboveContinue Reading
The rise of Ethereum (ETH) price above $2.6k in the past 24 hours played a crucial role in the bullish recovery for the Binance (BNB) coin. According to crypto data from Coingecko, BNB price gained over 2 percent in the past 24 hours to trade about $687 on Tuesday, duringContinue Reading
Most of the impacted Sui-based tokens in the Cetus Protocol attack dropped over 30 percent in the last 24 hours. Sui price will likely rebound towards $5 in the near future after validators recovered the majority of the stolen funds. Sui (SUI) price was rejected again at the resistance levelContinue Reading
The WLFI team did not specify the financial details of the $B support but its impact was palpable. The rising optimism of an altseason amid the re-emergence of FOMO traders will help $B sustain bullish sentiment. A recently launched memecoin on the BSC chain dubbed BUILDon (B) rallied over 150Continue Reading
The Chainlink integrations have experienced a sharp increase in the recent past including the Solana network. LINK price has recorded a high correlation with Bitcoin price YTD, which is almost entering a parabolic bullish phase. The gradual Bitcoin (BTC) price rise in the past few weeks, has significantly influenced theContinue Reading
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