Category : CoinJournal

CoinJournal

Cardano price retests key resistance as DeFi TVL hits record

Cardano price retested the key resistance level at $0.2972 on Tuesday.& DeFi TVL in Cardano’s ecosystem jumped to a record high. Cardano price has moved sideways in the past few weeks even as other coins like Bitcoin, AAVE, and Compo...

TON blockchain introduces an on-chain encrypted messaging feature

Key takeaways The TON Foundation has introduced an on-chain encrypted messaging feature on the TON blockchain. The messaging feature allows users to send encrypted messages during transactions.& TON releases an on-chain messaging feature T...

Voyager Digital creditors’ lawyers to pocket $16.48M after the recent invoice

In the third and final bill lawyers representing Voyager Digital creditors have billed $5.1 million. When all the invoices are fully paid, Voyager Digital creditors will have paid a total of $16.48 million to the lawyers. The legal charges will top...

Justin Bieber’s $1.3M NFT investment depreciates by more than 95%

Justin Bieber invested about $1.3 million into the Bored Ape Yacht Club (BAYC) NFT. There are speculations that Justin Bieber was gifted the NFT by MoonPay as a promotional tactic. The investment has however depreciated to $59,000. Dexerto revealed...

Why is the Verge (XVG) price soaring? It’s up 295%

At press time, the price of XVG token had soared 295% over the past seven days. The token was trading at $0.006906. The Verge’s market cap has also gone up by almost 400% over the past three weeks. What started as a slow steady bull case for...

Anthony Pompliano expects SEC to eventually approve a Spot Bitcoin ETF

Pompliano says underlying fundamentals of Bitcoin are strengthening. He expects a Spot Bitcoin ETF to be a meaningful catalyst for BTC. Bitcoin is currently up a whopping 85% versus the start of the year. Anthony Pompliano agrees that Bitcoin could...

SEC’s spot Bitcoin ETF approval “fairly high”: Bernstein

$650 billion asset manager Bernstein believes there’s a good chance of a spot Bitcoin ETF approval. The SEC’s argument for denial of a spot ETF while approving futures ETFs is unlikely to convince the court in the Grayscale vs SEC case....

Thailand introduces new digital asset service providers’ regulations

Thailand’s SEC has introduced new regulations ensuring investor protection from digital asset service providers. Digital asset providers will also not be able to provide digital assets deposited by users for loans or investments. The new regul...

Revolut to delist Polygon, Solana and Cardano

Revolut is taking the step after its US-based partner Bakkt recently delisted the tokens. MATIC, ADA and SOL will however still be available on Revolut across other markets. Robinhood and eToro have recently also announced similar token delistings....

Celo price goes parabolic amid rapid ecosystem growth

Celo crypto price has gone parabolic in the past few days.& The network’s ecosystem growth has continued to accelerate. Celo recently integrated Chainlink in its ecosystem. Celo price has made a spectacular comeback this month, mak...

Largest crypto ATM operator Bitcoin Depot debuts on Nasdaq after SPAC merger

Bitcoin Depot has merged with special purpose acquisition company (SPAC) GSR II Meteora (GSRM). Bitcoin Depot went ahead to also debut on Nasdaq after the merger. Bitcoin Depot shares more than doubled after debut. Following a merger with special p...

Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch

Frankfurt, Germany, July 3rd, 2023, Chainwire The team behind Alex The Doge (ALEX), the memecoin powering the GameFi ecosystem of the same name, are hoping the token can emulate BCH upon launch. Currently in its presale phase, hopes are high that ALE...

Punk Domains partners with Flare to boost Its newly-launch domain extensions

Key takeaways Punk Domains Partners with Flare to boost its domain extensions. The newly-launched domain extensions are .SGB (Songbird Domains) and .FLR (flr.domains).& This means that users can use their web3 domains as social media handl...

Belarus planning to ban P2P crypto transactions

Belarusian President Alexander Lukashenko in 2022 signed a decree allowing free circulation of cryptocurrencies like Bitcoin in the country. The announcement somewhat seems to contradict the previous stand that Belarus has had on cryptocurrencies. I...

Binance Labs incubation program season 6 opens as AltSignals presale hits 96.71%

Binance Labs has started accepting Season 6 Incubation Program applications for Web3 innovation. The incubation program offers tailored resources and mentoring for startups. At the same time, the first stage of AltSignals presale has hit 96.71%. Th...

EOS price lags as Bitcoin Cash, Litecoin soar

EOS price is down 13% year-to-date even as LTC and BCH have turned extremely bullish. The broader market outlook is bullish and that could help EOS target recent peak. EOS traded at $0.77 at the time of writing, about 10% up after a brief dip to $0....

Litecoin (LTC) bounces strongly as bulls brush off brief retreat

Litecoin price bounced strongly to see bulls hit a 14-month high near $110. LTC last traded at these prices in April 2022, and could hit new multi-year highs as the Litecoin halving approaches. Prices fell to $84 earlier in the day after markets rea...

Court allows Celsius to sell altcoins for BTC, ETH starting July 1

Bankruptcy Judge Martin Glenn of the US Southern District Court of New York on Friday ordered that bankrupt crypto lender Celsius can begin to sell or convert altcoins to Bitcoin (BTC) and Ether (ETH). The price of CEL, the native Celsius Network tok...

Bitcoin dominance surging amid changing market dynamics and regulatory crackdown

Key Takeaways Bitcoin dominance measures the ratio of the Bitcoin market cap to the cumulative cryptocurrency sector market cap It is currently at 58%, the highest mark since April 2021 Market dynamics are changing as institutions consider Bitcoin,...

OKX Named Official Sleeve Partner Of Manchester City In Expansion Of Partnership

Manchester, UK, June 30th, 2023, Chainwire Manchester City and OKX, one of the leading crypto exchanges by trading volume and a leading Web3 technology company, today announced OKX as the Club’s Official Sleeve Partner in a new multi-year agree...

Bitcoin briefly falls below $30k as SEC says spot Bitcoin ETF filings are inadequate

Bitcoin price reacted sharply to news that the SEC had said Bitcoin ETFs filings were inadequate. The SEC had reportedly returned the filed documents to BlackRock, Fidelity. However, BTC recovered above $30k as more details emerged. Bitcoin briefly...

Bitcoin Cash jumps to 14-month high amid South Korea volume spike

Bitcoin Cash has skyrocketed to a 14-month high above $320, hitting highs of $326 on Coinbase. BCH upside momentum has increased since Wall Street-backed EDX listed the coin alongside BTC, ETH and LTC. A spike in volume on South Korea exchange Upbit...

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