July is a month full of major crypto gaming token unlocks. Over $148 million worth will be released for projects like Xai, Pixels, and Parallel.
How the token unlocks event of this week impacts the market could show what to expect from the remaining unlocks.
Celebrities who have brazenly shilled their memecoins on X in recent months run a high risk of attracting the attention of the SEC and class-action lawsuits.
Bitcoin’s value has recently dropped significantly, trading around $56,280 as of the latest market updates. Additional selling pressures have emerged due to substantial asset transfers by institutions linked to the German government. Over half of a notable 50,000 BTC reserve has already been liquidated, raising questions about Bitcoin’s near-term trajectory. Discover the latest trends and
The cryptocurrency market is bracing for potential turbulence with the imminent release of CPI and PPI data this week. Chairman Powell is scheduled to deliver his semi-annual monetary policy testimony to the HFSC, which could further influence market dynamics. With a prospective 25bps rate cut on the horizon, market participants are anticipating rapid changes. Stay
The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their receivers efficiently. Venezuelan Migrants Sent Almost
Galaxy Digital provides a projection for how Ethereum (ETH) ETFs will compare with Bitcoin (BTC) ETFs. The research suggests that Ethereum ETFs will attract approximately one-third of the inflows seen by Bitcoin ETFs. Charles Yu, Vice President of Research at Galaxy Digital, bases these estimates on various metrics such as market cap and total assets
Metaplanet Inc Continues Aggressive Bitcoin Accumulation The Japanese firm Metaplanet Inc has made another significant Bitcoin purchase. This marks their second Bitcoin transaction this month. Metaplanet’s latest acquisition brings their total Bitcoin holdings to over 200 units. Metaplanet Inc strategically increases its Bitcoin holdings amid market fluctuations. Significant Bitcoin Acquisition by Metaplanet Metaplanet Inc, a
Bitcoin’s price action in recent weeks indicates potential signs of reaching a local bottom, according to Bitfinex analysts. Bitcoin fell to $53,300 on July 3rd after dropping below its 120-day average range. This decline was attributed to upcoming Mt. Gox payments and sales from both the U.S. and German governments. This article delves into the
Justin Sun’s gasless stablecoin initiative aims to revolutionize Tron’s transaction methods. Tron’s stablecoin activity surpasses BSC, showcasing growth and focus on cost efficiency. Justin Sun, Tron founder, announced the development of gasless stablecoin transfers, fully covered by the stablecoins themselves. Discover how Justin Sun’s gasless stablecoin initiative is set to transform Tron’s transaction landscape, driving