Despite market crash, retail investors’ support helps keep ONDO’s price stable

1 min read

ONDO crypto is currently holding just above the $1.08 support level, having tested this point three times in the last two weeks. Whales have been selling off large amounts of ONDO, with over $141 million worth sold in a single day. However, retail investors are helping to stabilize the price by holding onto their tokens. Retail investors, focused on holding (HODLing) rather than selling, have increased their mid-term holdings, with

Zero-Knowledge EVM blockchain Cronos zkEVM to Reward Early Supporters

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

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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

Delays in the launch of Ethereum ETFs have led to market uncertainty and significant outflows

1 min read

The sentiment in the Ethereum (ETH) market is now mixed as a result of the delay in the launch of spot Ethereum ETFs. The ETFs, which were first projected to be available on July 2, are now likely to be released on July 8. However, the initial anticipation surrounding their launch has diminished. The digital fund flows data from CoinShares indicates substantial outflows, representing its most unfavorable performance since August

Institutional investors invest over $30 million in Chainlink (LINK)

2 mins read

Chainlink (LINK) tokens have attracted more than $30 million in investments from institutional investors, demonstrating a rising level of interest in the technology among diverse financial sectors. The Cross-Chain Interoperability Protocol (CCIP) is a crucial catalyst for this interest, since it offers a secure interface for decentralized applications and Web3 businesses to transfer data, tokens, or both between various blockchains. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is compatible with nine prominent

Astar Foundation to Burn 350M ASTR Tokens

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Astar Foundation, the lead organization for Astar Network development, has announced a token burn, which will permanently remove 5% of the ASTR genesis allocation, comprising 350M ASTR tokens. The tokens were originally set aside as a parachain auction reserve, but are no longer required due to upgrades to Polkadot. The Astar Foundation’s proposal was ratified after a governance vote, and the 350M ASTR reserve was used during the first phase

Binance to Delist Several Spot Trading Pairs on July 5th, 2024

1 min read

Binance, the leading global cryptocurrency exchange, announced today the upcoming delisting of several spot trading pairs. The move, effective on July 5th, 2024 at 3:00 UTC, aims to maintain a high-quality trading market for its users. The tokens affected by the delisting include: Binance assures users that the delisting only affects the specific trading pairs mentioned. The underlying tokens (AI, BTC, CHR, ETH, GAS, LQTY) will still be available for

The Crypto Fear & Greed Index remains neutral, reflecting investor uncertainty as Bitcoin drops

1 min read

The recent Bitcoin market plunge has caused uncertainty among investors, affecting market sentiment. The Crypto Fear & Greed Index measures investor sentiment using a scale of 1 to 100, considering factors like volatility, social media sentiment, market momentum, volume, dominance, and trends. Scores between 1 and 24 indicate extreme fear, while scores between 24 to 46 indicate fear. The index is currently in the Neutral zone, indicating neither optimism nor

The sovereign data blockchain for AI OpenLedger raises $8 million in its seed round led by Polychain Capital

1 min read

OpenLedger, a blockchain platform designed for artificial intelligence applications, has successfully secured $8 million in its initial funding round. The funding was primarily spearheaded by Polychain Capital and Borderless Capital. OpenLedger offers an infrastructure that allows users to manage data throughout its lifecycle without requiring permission. This infrastructure empowers developers to design more intelligent and efficient models using data that can be verified. The round of investment also includes participation

Coinbase secures a $32 million contract with the DOJ to manage seized crypto

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The US Department of Justice’s asset forfeiture section, known as the US Marshal Service, has selected Coinbase as its custodian for digital assets with high market capitalization. Coinbase Prime will provide custody and enhanced trading services for its “Class 1” digital assets to assist federal law enforcement. The government requires dependable storage and liquidation methods to effectively handle and dispose of significant volumes of widely-used cryptocurrencies, referred to as Class

The US Marshals Service partners with Coinbase Prime in a $32.5 million deal

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The US Marshals Service (USMS) has partnered with Coinbase Prime to manage and trade large-cap digital assets worth $32.5 million. The deal follows a thorough evaluation process by the USMS, a division of the US Department of Justice responsible for asset forfeiture. Coinbase Prime is chosen for its strong track record and security features, as it is a leading platform for institutions to trade and store digital assets securely. As

US spot Bitcoin ETFs see slower inflows, raising questions about waning investor interest

1 min read

The US-based Bitcoin exchange-traded funds (ETFs) have experienced a favorable trajectory, while the rate of capital inflows has decelerated, indicating a waning enthusiasm among investors for Bitcoin (BTC). On Thursday, the 11 ETFs experienced a net inflow of $11.80 million, which was lower than the $31 million inflow observed on Tuesday. Nevertheless, these exchange-traded funds (ETFs) have exhibited strong performance overall. Bitwise’s BITB has garnered $8 million in investments, while