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Ripple CEO Predicts Solana ETF, Fueling Price Surge Speculation

During the Consensus 2024 event, Ripple CEO Brad Garlinghouse expressed confidence in the inevitability of Solana ETF approvals, following the SEC’s recent green light for Bitcoin and Ethereum ETFs. He emphasized the importance of clear regulations for digital asset growth in the US and highlighted Solana’s potential in this regard. Garlinghouse’s positive outlook, coupled with … Read more

OKX Launches Crypto Exchange and Wallet in the Netherlands

On June 3, OKX, a prominent global cryptocurrency exchange, made its official debut in the Netherlands, unveiling a dedicated trading platform and a Web3 wallet tailored for the local market. The launch encompasses a centralized crypto exchange (CEX) and the introduction of the OKX Wallet, offering Dutch users access to approximately 150 cryptocurrencies. The platform … Read more

Matter Labs Withdraws “ZK” Trademark After Community Backlash

After facing backlash from key figures in the zero-knowledge (ZK) community, Matter Labs decided to withdraw its trademark applications for “ZK” in multiple countries. This decision came following criticism from renowned individuals like Shafi Goldwasser, Silvio Micali, and leaders from Polygon and StarkWare, who argued that ZK technologies should remain freely accessible to everyone rather … Read more

Binance Delists Tokens: Signaling Stricter Standards for Crypto Exchanges

Binance, the largest cryptocurrency exchange globally in terms of trading volume, has opted to remove several tokens from its platform, including OmiseGo (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM). The exchange will cease all spot and margin trading pairs for these tokens on June 17, 2024. Binance regularly assesses the digital assets it … Read more

Space ID Token Unlock: 18% Set to Enter Circulation

According to Token Unlocks data, Space ID, a platform for Web3 domains and identity services, is poised to release over $55 million worth of ID tokens on June 22, 2024, constituting 18% of its circulating supply. Token unlocks are commonly employed to regulate token issuance over time, ensuring a gradual and controlled introduction of new … Read more

Over $3 Billion in Ethereum Withdrawn from Exchanges After ETF Approval

Since the recent approval of spot Ether exchange-traded funds (ETFs) in the United States, there has been a significant withdrawal of Ether from centralized crypto exchanges (CEXes), totaling over $3 billion worth. According to data from CryptoQuant, between May 23 and June 2, around 797,000 ETH, equivalent to $3.02 billion, has been moved off exchanges. … Read more

Shiba Inu Team Warns of Scams Amidst Market Volatility

The Shiba Inu team recently issued a strong cautionary message concerning the growing number of fraudulent activities directed towards the Shibarium platform. Digarch, via X, shared a warning urging the SHIBARMY to exercise extreme caution during these turbulent periods. The message, conveyed through a series of Discord posts by DaVinci, a notable member of the … Read more

Nayib Bukele Re-elected President of El Salvador: Here’s How Much Bitcoin the Country Holds

Nayib Bukele, the President of El Salvador, began his second term with a pledge to tackle the nation’s economic challenges with the same determination he displayed in combating gang violence during his first term. Despite controversy surrounding his re-election, Bukele, who won with over 80% of the vote, aims to heal the country’s economic “ailments”.  … Read more

$3 Billion in Ethereum Exits Crypto Exchanges Following ETF Approvals

Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether (ETH) has been withdrawn from centralized crypto exchanges.  This significant movement signals a potential forthcoming supply shortage. Data from CryptoQuant reveals a decrease of approximately 797,000 Ether, equivalent to $3.02 billion, between May … Read more

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