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The Ice Open Network (ION) has recently seen its market cap surge back above the $30 million mark. This resurgence comes just 12 hours after the launch of the Sunwaves Token (SW), the first project under the ION ecosystem. In this short span, the dedicated community burned over 4,500,000 $ICE coins. đ„ $ICE Token Burn … Read more
Ethereum recently experienced its largest spike in active $ETH addresses in three months, with the total number reaching 617,170. This surge comes amid growing anticipation of Ethereum Exchange-Traded Funds (ETFs). #Ethereum just saw its largest spike in active $ETH addresses in three months, reaching a total of 617,170 active #ETH addresses. pic.twitter.com/CSqBOnQhEr â Ali (@ali_charts) … Read more
Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itself to other public blockchains using Rayls Public Chain, a native Ethereum layer two (L2). … Read more
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as ânonmonetary propertyâ while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies âdo not typically possess all monetary characteristics,â emphasizing that they âare not effective as a unit of account, … Read more
Bloombergâs senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SECâs … Read more
Ripple CEO Brad Garlinghouse says the latest court ruling on Rippleâs securities lawsuit âis a big win.â He stressed that âabsolutely nothing in the decision negates or changes the fact that XRP is, in and of itself, not a security.â The Ripple executive slammed allegations of misleading statements about his XRP position, stating that the … Read more
The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoinâs dominance escalating, it diminishes the likelihood of a resurgence altcoin run-ups. On June 20, the X account âAltcoin Sherpaâ highlighted two prerequisites for an âAltcoin Seasonâ to emerge. Crypto Analyst Altcoin Sherpa Foresees Challenging Times for Altcoins The … Read more
Pantera Capital, an American investment firm, is reportedly preparing to raise funds for a new investment in toncoin (TON). This news follows Panteraâs earlier significant investment in TON, marking one of its largest investments to date. Pantera Capital Plans New Investment in TON Blockchain This week, theblock.co journalist Yogita Khatri revealed that Pantera is soliciting … Read more
Despite several bullish indicators, including a significant bitcoin purchase by Microstrategy and optimistic projections by notable figures, bitcoinâs price action remains subdued. Market analysts at QCP Capital shed light on the underlying factors contributing to this paradox. Bullish Signs Clashing With Market Realities In its market commentary, QCP Capital mentioned how Microstrategy expanded its BTC … Read more
Two U.S. lawmakers, French Hill and Chrissy Houlahan, have added their voices to calls for the release of jailed Binance executive Tigran Gambaryan. The lawmakers made this call shortly after visiting Gambaryan at Nigeriaâs notorious Kuje Prison. Hill believes that Gambaryan is being wrongfully detained on charges related to money laundering. Prison Officials Accused of … Read more