CRYPTO MARKET UPDATE

Crypto News Flash Feed

“FINANCE: Drop Raises $4M Seed to Unlock Interchain Economic Potential”

The funding will support Drop’s mission to unlock new economic possibilities in the interchain. Source The round was led by CoinFund, CMS Holdings, Anagram, Interop Ventures, and Cosmostation, among other…

Bitfinex App 7.3.0: New Updates & Improvements

The company encourages users to leave a review in the app store or complete the Bitfinex mobile user app survey to share their experience. Source The update also includes fixes…

“Bitcoin’s Exchanges Wallet Depletion: Possible Bullish Sign for the Asset’s Price”

Bitcoin exchange reserves have seen a significant drop recently, according to analyst Ali Martinez, who believes this is a positive sign for the asset’s price. The ‘Exchange Reserve’ metric, which…

Ireland Prepares New Crypto Rules Amid EU Anti-Money Laundering Push

Cryptocurrency is also increasingly being used by criminal organizations to launder money and move funds anonymously, making it difficult for law enforcement officials to track. In recent years, there has…

“ZDEX Launch: Fast DEX and Memecoin Opportunities in Defi Sector”

How to Grow Your Investment with Cryptocurrencies Bitcoin’s potential to hit the $70,000 milestone has the cryptocurrency community excited about the future of digital currencies. With automated strategies working behind…

“ZKsync Ignite Launch: Funding Liquidity for Elastic Chain Expansion”

These users will be incentivized to participate in the platform’s growth and development through staking and liquidity mining activities. This distribution is expected to boost the liquidity of the Elastic…

Ethereum vs. Solana: Layer-One Network Battle Intensifies

Crypto analyst Ignas has recently claimed that Ethereum (ETH) is losing its competitiveness against other layer-one networks, which is the primary cause of its price struggles. Although Ethereum’s dominance in…

“OriginTrail: Pioneering Trust in AI at MIT Decentralized AI Summit”

OriginTrail is dedicated to driving mainstream adoption for this essential infrastructure and enabling a secure internet in the age of AI. Source The innovative approach to driving trust in AI…

“Top Bitcoin Cloud Mining Sites of 2024: A Comprehensive Guide”

Several top Bitcoin cloud mining sites have emerged, offering reliability, ease of use, and strong functionality. 7. StormGain: Known for its simplicity and extensive services, StormGain offers advanced trading options…

“2024 US Presidential Probabilities: Trump (61.5%) and Harris (38.6%) Predictions”

President Donald Trump being elected as the President of the United States in 2024 have boostd to 61.5%, while the probability of current Vice President Kamala Harris securing the position…

FIPCOIN: The Revolutionary Cryptocurrency with Fixed Returns and Unmatched Stability

This makes it an attractive investment option for risk-averse investors seeking a predictable income stream. The platform prioritises security with multi-layered encryption and regular security audits. FIPCOIN, a cryptocurrency launched…

Grayscale to Convert Fund into Diversified Crypto ETF

Grayscale, a major crypto asset manager, is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric…

“Nvidia Reaches New Intraday Record High of $140.89”

The company’s shares reached an intraday record high of $140.89 on the NASDAQ exchange, a significant milestone for the tech giant. The rise in stock price is a promising indication…

Crypto Adoption: Institutions & Retail Revolutionize Financial Landscape

The crypto landscape is rapidly changing, with institutional investment and retail adoption on the rise globally. Chainalysis’ report indicates that crypto has become increasingly mainstream, driven by varied economic forces.…

“Trump’s Crypto Connection: How Cryptocurrency is Boosting 2024 Presidential Race”

Trump’s financial ties to the crypto world, including holding up to $5 million in Ethereum and making nearly $4.9 million from NFT sales, make his candidacy particularly appealing to crypto…

Hyve’s Revolutionary Data Access Layer: Advancing Blockchain Security and Scalability

This round of financing was led by Lemniscap, with participation from Paper Ventures, Frachtis, and other investors. Hyve, a blockchain DA provider supported by the re-pledge protocol Symbiotic, has completed…

XRP Set to Challenge $0.60 as It Trades Within a Bullish

As discussions surrounding the SEC’s deadline to appeal intensify, XRP’s price has begun to rise within a bullish channel. Will it reach the $0.60 mark? With the SEC approaching its…

Base Takes The Lead In Layer 2 Transaction Volume,

As of October 14, 2024, Base now dominates Layer 2 (L2) transactions, accounting for 67.6% of total activity. Arbitrum follows with 22.6%, and Optimism holds 9.7%, according to data from…
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