UNI whales appear to be in distress as they engage in offloading tokens after Uniswap revealed receiving a notice from the US Securities and Exchange Commission (SEC) that it plans to pursue an enforcement action. Following the development, UNI’s price tumbled to $9.27, extending its monthly losses to over 35%. UNI Whales Sell Tokens The…
In today’s fluctuating global economy, an increasing number of individuals are seeking methods to earn stable passive income from the comfort of their homes, with cloud mining emerging as a popular choice. The term “cloud mining” refers to companies that enable you to rent mining hardware operated and maintained by them, in exchange for a…
The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange Commission (SEC), with a deafening silence from the agency fueling anxieties. Jan van Eck, CEO of investment firm VanEck,…
Analysis of investment trends shows that the peak of a bull market often follows a substantial increase in the entry of new investors into the market. This pattern not only holds for traditional investment markets but has also been observed in the volatile cryptocurrency markets, with *BTC* serving as a prime example. The peak of…
Boston, United States, April 11th, 2024, Chainwire Leading Web3 gaming ecosystem teaming up with globally recognized toy company, renowned for bringing beloved game characters to life. Planet Mojo, a leading web3 gaming ecosystem, and WowWee, an award winning global toy company with such hits as Fingerlings and Robosapien, today announced a collaboration to create toys…
In a world marked by geopolitical tensions and struggles for freedom, Bitcoin emerges as a potential game-changer in the fight against authoritarian regimes. Alex Gladstein, Chief Strategy Officer of the Human Rights Foundation (HRF), sheds light on the transformative power of Bitcoin in empowering individuals living under oppressive governments. Gladstein’s insights, shared in a recent…
TL;DR XRP experienced a brief price increase to $0.64, with several analysts predicting a more significant rally, including a potential new all-time high. Future optimism for the asset includes potential positive impacts from Ripple’s upcoming trial against the US SEC. Ripple’s XRP recently witnessed a substantial price resurgence, reaching $0.64. Despite the subsequent drop to…
The altcoin market looks primed to run as key levels continue to be held. That said, the altcoins need the wink from bitcoin, and therefore, what bitcoin does over the rest of this week could be crucial for the rest of the cryptocurrency market. Crypto is one of the only assets going up Altcoins are…
Binance Labs, the investment arm of Binance, has announced its support for BounceBit. BounceBit is a protocol revolutionizing Bitcoin restaking and CeDeFi (Centralized-Decentralized Finance) innovations. This strategic investment aims to expand the utility of Bitcoin beyond its traditional role as a store of value. We’ve invested in @bounce_bit! BounceBit is building a BTC restaking CeDeFi…
Charles Edwards, the founder of crypto hedge fund Capriole Investments, spotlighted what he believes to be the most undervalued altcoin at the moment. Via a statement on X, Edwards pointed to PENDLE, a token operating within the DeFi space, citing its exceptional total value locked (TVL) and market cap as primary indicators of its undervaluation….