Celebrity memecoins have become the latest crypto trend in 2024, with a slew of celebrity endorsements. Source: https://cointelegraph.com/news/celebrity-memecoins-crypto-influencer
Month: June 2024
US Dollar Retains Global Dominance Despite BRICS Efforts, Reveals Atlantic Council Report
Despite concerted efforts by the BRICS nations to decrease global dependence on the U.S. dollar, the fiat currency remains the dominant force in the world economy, a new study from the Atlantic Council’s Geoeconomics Center finds. The report underscores the challenges of de-dollarization amidst geopolitical tensions. U.S. Dollar Holds Firm as Global Reserve Leader The […] Source: https://news.bitcoin.com/us-dollar-retains-global-dominance-despite-brics-efforts-reveals-atlantic-council-report/
PancakeSwap launches AI-powered Prediction Market on Arbitrum
Arbitrum users can now predict Ether price movements with PancakeSwap’s AI-powered market, leveraging Allora’s machine-learning data for accuracy. Source: https://cointelegraph.com/news/pancakeswap-ai-prediction-market-arbitrum
How Much Will the BLAST Airdrop Be Worth? Here Are Some Estimates
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The Blast airdrop is imminent. Today at 10 a.m. Eastern Time, a total of 17 billion BLAST tokens will be airdropped to point farmers, gold holders,…
What is a Bitcoin-backed loan, and how to get one?
Bitcoin-backed loans use cryptocurrency holdings as collateral, offering borrowers access to cash while retaining ownership of their Bitcoin. Source: https://cointelegraph.com/news/what-is-a-bitcoin-backed-loan-and-how-to-get-one
Web3 gets its own version of Trustpilot to bring users and creators together
A new decentralized application aims to revolutionize product feedback and user engagement in the Web3 space by fostering direct interaction between users and product teams. Source: https://cointelegraph.com/news/web3-propeller-dapp-user-feedback
Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal
On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where a breakout above the channel’s upper boundary near $62,000 […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-inverse-head-and-shoulders-pattern-suggests-bullish-reversal/
Sui expands custody with Copper to attract institutional finance
The two-year-old layer-1 blockchain is teaming up with the digital assets financial services provider to create new infrastructure options. Source: https://cointelegraph.com/news/sui-network-expands-custody-with-copper
Japanese village turns to NFTs to help the aged
According to Yuri Group, Yamakoshi village’s experimental NFT strategy could attract attention from other nations facing declining birth rates. Source: https://cointelegraph.com/news/japan-village-nfts-help-aging-population
EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine
The most recent European Union sanctions against the Kremlin prohibit Eurozone operators from engaging with crypto asset providers that facilitate transactions supporting Russia’s defence-industrial base. Additionally, the new sanctions regime forbids Eurozone operators from utilizing the Russian-developed System for Transfer of Financial Messages (SPFS). These restrictive measures also focus on tankers associated with “Putin’s dark […] Source: https://news.bitcoin.com/eu-targets-crypto-asset-providers-accused-of-aiding-russia-in-warfare-against-ukraine/