Users will be able to trade futures of soon-to-be-listed tokens and coins on the exchange. Source: https://cointelegraph.com/news/coinbase-international-announces-pre-launch-market
Month: June 2024
Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain. Source: https://cointelegraph.com/news/terraform-labs-shut-down-4-5-b-sec-settlement-law-decoded-june-10-17
GameStop Stock Plummets as Shareholder Meeting Avoids Roaring Kitty Hype
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 GameStop’s stock price plunged 13% early Monday afternoon to a price just above $25 as hype cooled following a delayed shareholder meeting, where the firm’s most…
FOMO HOUR 139 – WHATS THE NEXT META?
FOMO HOUR 139 – WHATS THE NEXT META? BTC again breaks $66k, dominance rises. Fear & Greed index hits 3 month low. Whales continue to be in accumulation mode. Miners 33 days into capitulation, average 41 days. Financial advisors not buying BTC yet: BlackRock. Crypto funds saw $600m outflows last week. ZKsync airdrop live, prices at $5bn FDV. ZKsync defend…
US Congressman Says He Bought Velodrome Token—What Is That?
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 In a move sparking curiosity well beyond political circles, U.S. Congressman Michael Collins (R-Georgia) disclosed a recent purchase of $15,000 worth of a cryptocurrency called Velodrome.…
Tether launches gold-backed, US dollar stablecoin Alloy
The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether. Source: https://cointelegraph.com/news/tether-launches-gold-backed-stablecoin-dollar-alloy
Analyst Forecasts Silver Shortage, Price Increases As Consumers Tap Dwindling Secondary Inventories
Peter Krauth, a silver market analyst and author of “The Great Silver Bull,” has predicted an upcoming silver shortage produced by the increased demand for the precious metal for different applications. Krauth states that demand for silver has outpaced supply, and there are probably 12 to 24 months of silver available before inventories run out. […] Source: https://news.bitcoin.com/analyst-forecasts-silver-shortage-price-increases-as-consumers-tap-dwindling-secondary-inventories/
ZKsync’s ‘ZK’ Token Airdrop Hits $900M Market Cap
The layer-2 blockchain has launched its much-anticipated airdrop of the ZK token, with 45% of the tokens claimed within the first two hours, according to the ZKsync Association. This non-profit organization, created by Matter Labs, oversees the airdrop process. “It’s a Monday, don’t you have work?” the ZK Nation X account tweeted, noting the rapid claim rate. The ZK token…
FTX victims go after company’s assets from criminal forfeiture
Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions. Source: https://cointelegraph.com/news/ftx-assets-criminal-forfeiture-court-filings
Bitcoin Products See $621 Million Outflows: CoinShares
Bitcoin investment products saw significant outflows totaling $621 million last week amid mixed economic signals from the U.S., according to asset manager CoinShares. Across the broader digital asset ecosystem, there were net outflows of $600 million, primarily driven by Bitcoin’s losses. This marked the largest outflow since March 22. Grayscale’s GBTC was particularly hard-hit, experiencing $273 million in outflows. CoinShares…