Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC
Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.” Go to Source
Month: June 2024
LBank Exchange Will List DED (DED) on June 24, 2024
PRESS RELEASE. Road Town, BVI, June 24, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of DED (DED) on June 24, 2024. Users of LBank Exchange can brace themselves for the DED/USDT trading pair, which will go live … Read more
Weekend Wrap: Tron USDT beats Visa, $6B German bank gets Bitcoiner CEO and more
The daily trading volume of USDT on Tron briefly surpassed Visa, and a Bitcoin-friendly exec has been promoted to CEO of a multi-billion-dollar German Bank. Go to Source
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet lead dev declares that bitcoin developers “have failed” El Salvador. … Read more
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs. Go to Source
Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others. Go to Source
Dogwifhat falls out of top 50, tumbles 38% over past 7 days
Dogwifhat saw the steepest 7-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins. Go to Source
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered the market, highlighting Solana’s growing retail adoption and architectural advantages. Pantera Capital States … Read more
Top 10 TON Chain Coins Reach $20 Billion in Combined Value
Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market Growth to $20 Billion The Open … Read more
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary Authority of Singapore (MAS) has implemented stringent regulatory measures under the Payment … Read more
