shamzy (@cryptosunday) • Hey
shamzy (@cryptosunday) • Hey
Publications
- Join blum now
t.me/BlumCryptoBot/app?startapp=ref_kIxcchEMux
- Join now for blum
t.me/BlumCryptoBot/app?startapp=ref_DwftmtzXQr
- Bitcoin ETF Inflows: Despite the broader market downturn, Fidelity’s Bitcoin ETF saw inflows of approximately $5.9 billion, contrasting with outflows from other Bitcoin ETFs
- Grayscale Bitcoin Trust Outflows: Grayscale’s Bitcoin Trust saw significant outflows of $640 million, the largest since its trading debut, amidst broader market declines
- Memecoins Down: Memecoins have plunged 18% following massive liquidations in the crypto market
- Major Crypto Liquidations: Over $650 million worth of cryptocurrencies were liquidated in a single day. Analysts predict that Bitcoin might see an explosive rally as FOMO (Fear of Missing Out) outweighs fear
- XRP's Bullish Signs: XRP is breaking out from a bullish triangle pattern, suggesting a potential price increase of 2-3 times. Metrics such as MVRV ratio and network growth support a possible bull rally
- Illuvium Raises $12M: The blockchain gaming project Illuvium has raised $12 million to build an interoperable game universe, highlighting growing investor interest in blockchain-based gaming solutions
- Vitalik Buterin Criticizes Metaverse: Ethereum co-founder Vitalik Buterin recently called the metaverse a branding ploy, expressing skepticism about its current implementations and future prospects
- Ethereum Whales on the Move: Ethereum has seen increased activity from whales, indicating potential significant price movements ahead. This follows a recent bullish trend in the market
- Massive Crypto Liquidations: The crypto market faced a sharp downturn with memecoins plunging by 18% following massive liquidations. This has impacted several tokens significantly
- Crypto Market Weekly Winners and Losers: This week's crypto market saw TON, RNDR, and AKT as top gainers, while CORE and BONK were among the biggest losers. AKT, for instance, saw an 18.33% increase, whereas CORE experienced a 14.62% decline
- Innovative Crypto Projects: New projects such as Fight Night (FNIO) and WienerAI (WAI) are leveraging themes like boxing legends and AI trading bots to attract investors. These projects exemplify the diverse and innovative nature of the crypto space
- Security Concerns: Microsoft's India account was hacked, with crypto scammers impersonating notable figures, highlighting ongoing security issues in the crypto world
- Crypto in Europe: Germany shows openness to the digital euro, with nearly half of the population expressing willingness to use it despite limited awareness
- Regulatory Developments: US leaders are pressing the Biden administration to facilitate the release of a Binance executive held in Nigeria, showing the complex regulatory environment affecting crypto exchanges
- OpenSea Expanding NFT Market: OpenSea executives have indicated an increase in retail deals entering the NFT space, suggesting growth and mainstream adoption of NFTs
- Paradigm Leads Funding Round for Ellipsis Labs: Ellipsis Labs, a developer of Solana-based DEX Phoenix, has raised $20 million in a Series A funding round led by Paradigm
- Ripple's New Stablecoin: Ripple has launched a new stablecoin aimed at filling the gap and potentially overshadowing XRP in its quest to gain enterprise customers
- Bitcoin ETFs See Surge: Bitcoin ETFs have witnessed a significant inflow of funds, with Bitcoin prices reaching two-week highs amid renewed interest and optimism
- DMM Bitcoin Raises $320M Post-Hack: Japanese crypto exchange DMM Bitcoin has raised $320 million to compensate users after a significant hack, aiming to restore trust and funds
- JP Morgan on Ethereum's Security: JP Morgan has indicated that Ethereum might avoid being classified as a security due to reduced centralization risks, with Lido's staking share continuing to fall
- VC Investment in Crypto Accelerator: Brevan Howard Digital and Galaxy Digital are investing in the crypto accelerator Alliance, aiming to raise $ 100 million for a new fund to support emerging crypto projects
- Crypto Market Cap Reaches $ 2.25 Trillion: The total market cap of the crypto market has surged to $ 2.25 trillion, more than doubling from its recent low
- Hong Kong Crypto Exchange Licenses: The cost of applying for a crypto exchange license in Hong Kong is less than expected, a move that could encourage more exchanges to operate legally in the region
- MicroStrategy Settles Tax Case: Michael Saylor's MicroStrategy has settled a tax evasion case for $ 40 million, the largest income tax fraud settlement in Washington, D.C.'s history
- Qatar's CBDC Initiative: The Qatar Central Bank has launched the first phase of its Central Bank Digital Currency (CBDC) project, marking a significant step in the nation's digital finance strategy
- TRUMP Token Volatility: The meme coin linked to Donald Trump saw a sharp dip and recovery following his guilty verdict on felony counts
- US Navy Blockchain Security: The US Navy has launched the 'PARANOID' blockchain security technology for private sector collaboration
- Nigeria and Binance Legal Issues: Nigeria's court has adjourned hearings on tax evasion charges against Binance and its executives
- Massive Crypto Liquidations: A market selloff led to $ 2.7 billion in liquidations within an hour, heavily affecting Bitcoin and Ethereum
- Bitcoin Price Prediction: Veteran trader Peter Brandt suggests that Bitcoin could hit $ 130,000 by late next year if it follows historical post-halving patterns
- Ripple Enters Stablecoin Market: Ripple, the developer behind the XRP Ledger, has announced its entry into the stablecoin market, aiming to compete with established players like Tether and USDC. This move is part of Ripple’s broader strategy to diversify its offerings and enhance its ecosystem
- ETH Futures Reach Record High: Ethereum futures have reached a new record high, signaling growing institutional interest. Additionally, Bitcoin and Ethereum are set to debut on the London Stock Exchange, marking a significant milestone for cryptocurrency adoption in traditional finance
- U.K. Proposes Crypto and Stablecoin Regulations: The U.K. government has published its final proposals for regulating cryptocurrencies and fiat-backed stablecoins. These regulations aim to provide clarity and security for investors while fostering innovation in the financial sector
- Solana-Based DEX Phoenix Raises $ 20M: Ellipsis Labs, the developer behind the Solana-based decentralized exchange Phoenix, has raised $ 20 million in its latest funding round. This funding will support further development and scaling of the platform
- Bitcoin's Best May Since 2019: Despite a 3% dip in Bitcoin's price, the cryptocurrency had its best performance in May since 2019. This highlights the resilience of BTC amidst market volatility
- Ripple CEO Predicts XRP ETF: Brad Garlinghouse, CEO of Ripple, has stated that an XRP ETF is inevitable, reflecting his optimism about the future of crypto ETFs and the overall market growth towards a $ 5 trillion valuation
- ARK Invest and 21Shares End Partnership on Ether ETF: ARK Invest has ended its partnership with 21Shares on the Ether ETF, although both firms continue to collaborate on other crypto-related projects
- Paraguay Seizes 2,738 ASICs in Crackdown: Paraguayan authorities have seized 2,738 ASIC mining machines as part of their ongoing crackdown on power theft associated with cryptocurrency mining
- Franklin Templeton Joins ETH ETF Fee War: Franklin Templeton has disclosed its fees for the spot Ethereum ETF, initiating a fee war as competition heats up in the crypto ETF market
- DeFi Protocol Syrup Launches: Maple Finance has launched a new institutional yield product called Syrup, aiming to provide enhanced financial services for institutional investors within the DeFi space
- Bitcoin Mining Difficulty Hits New Record High
Bitcoin mining difficulty has reached an all-time high of 54.5 trillion, reflecting increased competition among miners. This new milestone underscores the network's growing security and resilience.
- Ethereum Gas Fees Drop to 10-Month Low
Ethereum network's gas fees have dropped to their lowest level in 10 months, making transactions on the network cheaper and more efficient. This decline in fees could potentially boost activity on the Ethereum network.
- Ripple's XRP Ledger Grows Amid Legal Battle
Despite ongoing legal challenges with the SEC, Ripple's XRP Ledger continues to expand, with new use cases and partnerships emerging. The community remains optimistic about the future of XRP.
- Polygon Partners with Major Brand for NFT Launch
Polygon has announced a partnership with a major global brand to launch a new line of NFTs. This collaboration aims to bring more mainstream attention to the potential of NFTs and blockchain technology.
- Coinbase Expands Services to More Countries
Coinbase has expanded its services to include several new countries, increasing its global footprint. This move is part of Coinbase's strategy to become the leading global cryptocurrency exchange.
- Solana's Network Upgrade Enhances Performance
Solana has completed a significant network upgrade aimed at improving performance and scalability. This upgrade is expected to bolster Solana's position as a leading blockchain platform.
- SEC Approves New Bitcoin ETF Application
The SEC has approved a new Bitcoin ETF application, which could open up more investment opportunities and drive institutional interest in Bitcoin. This marks a major milestone for the crypto industry.
- Dogecoin's Price Surge Following Elon Musk Tweet
Dogecoin experienced a significant price surge after a recent tweet from Elon Musk. This latest development highlights the continued influence of Musk on the cryptocurrency market.