Author: James Wilson

Article written by James Wilson

Are Shiba Inu (SHIB) developers ditching the project?

July 10, 2024 1 min read

Shiba Inu meme coin has been secretly led by its founder, Ryoshi, and current Lead Developer, Shytoshi Kusama. Kusama has hinted that he might step down, as part of future plans for the Shiba Inu community. The project is planning a tour to several locations, starting in Kyoto, Japan, called the “Treat Yourself” tour, which is linked to the upcoming TREAT token launch. The tour is part of broader efforts

Rootstock sees record-breaking usage and an influx of new partners integrated into its network

July 8, 2024 1 min read

Rootstock, the first and longest-lasting Bitcoin sidechain, has seen record-breaking transactions and integration of several new dApps, bridges, and wallets in the last three months. The team is working towards further growth and improvements over the next 12 months. Block explorer data shows that there have been over 13 million transactions on the Rootstock network, with over 45k transactions a month. This data demonstrates Rootstock’s security and 100% uptime since

Zero-Knowledge EVM blockchain Cronos zkEVM to Reward Early Supporters

July 5, 2024 1 min read

Cronos zkEVM, a blockchain based on Zero-Knowledge EVM technology, has initiated its Pioneer Program, which enables early adopters to accumulate points by actively engaging with the network and interacting with certain decentralized applications (dapps). According to the company, the program’s objective is to provide incentives to the Cronos community and acknowledge early supporters for their active engagement in both the testnet and mainnet. The program will progress gradually in the

A major crypto whale invests $120 million in Shiba Inu, PEPE, Ethereum

July 5, 2024 1 min read

A large investor has expanded their investment holdings during a period of market instability, purchasing 957.77 billion PEPE tokens and 583.78 billion Shiba Inu tokens, in addition to other meme coins. They divested $120 million worth of assets from Binance, showcasing a diverse investment approach including 14 distinct cryptocurrencies. Although the market capitalization has decreased by 4.34% to $2.16 trillion as a result of liquidations and a rise in pessimistic

Bloomberg analyst Eric Balchunas extends the deadline for Ethereum Spot ETF launch

July 1, 2024 2 mins read

Eric Balchunas, an analyst at Bloomberg, has updated his estimated schedule for the introduction of Ethereum Spot ETFs in the United States. This revision comes in response to recent statements made by the US SEC on the second wave of S-1 form submissions. In May, the SEC granted approval for the 19b-4 applications submitted by eight potential issuers of the Ethereum spot ETF. This approval is the initial stage in

VanEck’s Matthew Siegel believes an Ethereum spot ETF approval will pave the way for a Solana ETF

June 28, 2024 1 min read

VanEck’s head of research, Matthew Siegel, believes that the approval of an Ethereum spot ETF will lead to a Solana ETF. VanEck filed for the first Solana (SOL) ETF in the US, sparking renewed interest in the Solana versus Ethereum debate. Siegel suggests that similar surveillance sharing agreements for Solana, as seen with Bitcoin and Ethereum spot ETFs, could help get a SOL ETF approved. He also points out that

Andromeda announces an integration with finance blockchain Injective to accelerate DeFi adoption

June 27, 2024 1 min read

Andromeda has declared a partnership with finance blockchain Injective in order to expedite the adoption of decentralized finance (DeFi). The collaboration will bolster the functionalities of Andromeda, the pioneering Web3 Operating System, and Injective, the swiftest blockchain designed for financial use cases. This will result in fresh prospects for interlinked blockchain tokens, efficient asset administration, and web3 applications with advanced features. The primary goal of the Andromeda-Injective Integration is to

Bitget Lists Solana-based Memecoin: Watercoin (WATER)

June 25, 2024 1 min read

Bitget, a crypto exchange and Web3 firm, has added Watercoin ecosystem-based WATER tokens to its PoolX platform. This allows users to possibly earn benefits by staking their tokens for mining. Users can accrue tokens by staking, so avoiding the additional expenses associated with buying newer tokens. PoolX, the staking platform developed by Bitget, has transformed the crypto industry by distributing rewards on an hourly basis according to the amount of

MicroStrategy acquires nearly 12,000 more Bitcoins

June 21, 2024 1 min read

MicroStrategy has purchased an extra 11,931 Bitcoin, valued at around $786 million, in order to enhance its market capitalization and stock price. The acquisition was financed via convertible notes and excess funds, at an average price of around $65,883 per Bitcoin. As of June 20, MicroStrategy possesses an extensive amount of 226,331 Bitcoins, with an approximate value of $14.5 billion. With Michael Saylor at the helm, the company has transformed

This crypto analyst says Dogecoin (DOGE) is under pressure and ‘going to zero’

June 14, 2024 1 min read

Dogecoin (DOGE) is encountering a difficult future as a result of a substantial $16 million divestment by a prominent holder, presumably a “whale” investment. The crypto expert Mags has identified several stages in the historical price fluctuations of DOGE, and Phase 3 indicates a possible sharp decline to zero. The meme currency is now experiencing a downward trend and is expected to lose all its value due to its cyclical

Bitcoin ETFs attract almost $500M in net inflows, propelling BTC price to $71,767 and nearing its all-time high

June 7, 2024 1 min read

Investor trust in US spot Bitcoin ETFs has significantly increased, as seen by 17 consecutive days of positive net flows. Fidelity’s FBTC was the top performer, generating $221 million, while Blackrock’s iShares Bitcoin Trust (IBIT) came in second with $155 million. Ark Invest and 21Shares’ ARKB ETFs received $71 million in investments, Bitwise’s BITB ETF got $19 million, and Grayscale Bitcoin Trust (GBTC) had $15 million in net inflows. The

US Congress examines real-world asset tokenization

June 6, 2024 1 min read

The US Financial Services House Committee convened a hearing to discuss the possibilities of tokenization of real-world assets (RWA) and derivative products, with a specific emphasis on the need for additional regulations. The key participants were Carlos Domingo, who is the Co-founder and CEO of Securitize, and Robert Morgan, who serves as the CEO of the USDF Consortium. Lilya Tessler and Nadine Chakar, who are professionals in the financial field,