In a significant development within the cryptocurrency landscape, Coinbase, the leading trading platform in the United States, has launched its Wrapped Bitcoin product, known as cbBTC. This new asset comes as part of a strategic move to enhance the financial ecosystem by allowing Bitcoin holders to engage with decentralized finance (DeFi) applications on the Base
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The upcoming airdrop for the highly anticipated Rocky Rabbit Telegram game is set to take place on September 23, 2024, on The Open Network (TON). This event marks a significant milestone in the game’s development as it rewards early adopters and signals a shift towards more advanced gaming features. Players who participate in the airdrop
The financial landscape in Europe is witnessing a significant shift as leading Swiss bank Zurich Cantonal Bank has recently introduced cryptocurrency trading services for its customers. This move signals a growing acceptance and adoption of digital assets within the traditional banking sector. On September 4, 2024, Zurich Cantonal Bank announced the launch of Bitcoin (BTC)
Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his bearish outlook on the crypto market in his latest article titled ‘Boom Times… Delayed.’ He predicted a potential decline in Bitcoin’s price to under $50,000, attributing this downtrend to broader macroeconomic factors and market dynamics. Hayes pointed out that the actions of the
Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently unveiled tax reforms aimed at fostering the development of startups in the Web3 and blockchain sectors. This announcement was made during the WebX Conference, Tokyo’s premier event dedicated to cryptocurrencies, highlighting Japan’s strong support for Web3 innovation. Saito used this platform to emphasize the government’s
The latest seven-day crypto chart highlighted a mixed bag of results, with most major coins experiencing a dip in value. However, amidst this downturn, one particular meme coin stood out – Popcat. While Dogecoin, Pepe, and Bonk recorded losses of 6%, 2%, and 2% respectively, Popcat defied the trend with an impressive 52% weekly gain
Binance, the world’s largest crypto exchange, recently announced the addition of new trading pairs and services to provide users with more options. However, this expansion comes with restrictions for residents of specific countries. Despite these updates, the market for cryptocurrencies has not seen significant price increases and remains in the red. Binance’s Trading Pair Expansion
Sony Blockchain Solutions Labs, in collaboration with Startale Labs, recently unveiled plans to create Soneium, a blockchain platform that aims to bridge the gap between Web3 and Web2 technologies. The primary goal of Soneium is to enhance accessibility to blockchain technology while offering solutions that are scalable, efficient, and capable of addressing real-world challenges. Soneium
Recent metrics indicate that Ethereum (ETH) has weathered the storm and is on the path to success. The market value to realized value (MVRV) lowest pricing level for ETH is at $1,687, signaling that the crypto has hit its bottom and is now poised for a new all-time high (ATH). This is a positive sign
Shibarium, a layer-2 blockchain solution developed on the Ethereum network, has made significant strides in the past year. The platform, dedicated to supporting the growth of the Shiba Inu ecosystem, has implemented various upgrades and enhancements to improve network performance and scalability. Since its inception, Shibarium has processed over 418 million transactions, reaching a significant