Vaibhavv Ali
Binance, the world’s leading cryptocurrency exchange, has revealed a new airdrop for a layer-1 altcoin called Mitosis (MITO). This new project is a decentralized finance (DeFi) platform that aims to improve cross-chain liquidity. The airdrop is part of Binance’s HODLer Airdrops program, which provides rewards to users based on their holdings of BNB, Binance’s native … Read more
Uniswap (UNI) is showing strong signs of a potential price breakout, driven by whale accumulation and bullish market sentiment. A major whale recently pulled over $4.1 million worth of UNI from Binance, contributing to a net outflow from exchanges. This trend, where large amounts of a token are withdrawn from exchanges, often indicates growing confidence … Read more
Pudgy Penguins, a well-known digital collectibles brand, has partnered with Mythical Games to launch a new Web3 mobile game called Pudgy Party. The game uses characters from the popular Pudgy Penguins NFT collection. Launching globally, the game is a collection of fast-paced mini-games with a focus on fun and a “cozy vibe.” A key feature … Read more
Grayscale Investments has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to create a new exchange-traded fund (ETF). This ETF would focus on two major cryptocurrencies: Polkadot (DOT) and Cardano (ADA). This is Grayscale’s latest effort to expand its product offerings beyond its successful Bitcoin and Ethereum ETFs. The company … Read more
Stablecoin issuer Tether has changed its plan to freeze USDT tokens on five blockchains. Initially, the company was going to completely end support for Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. After getting feedback from these communities, Tether decided to let the existing tokens remain transferable. However, it will stop issuing and redeeming … Read more
Elon Musk’s attorney, Alex Spiro, is making a move into the world of cryptocurrency. He is set to become the chairman of a new public company that will hold Dogecoin as its primary asset. The venture, supported by the Dogecoin Foundation’s corporate entity House of Doge, is looking to raise $200 million from investors. The … Read more
Bitcoin mining firm IREN has announced its best-ever quarterly earnings, with revenue reaching $187.3 million last quarter and $501 million for the fiscal year. This strong performance led to a nearly 14% jump in its stock price in after-hours trading. For the quarter ending June 30, the company’s revenue was up 226% year-on-year, helping it … Read more
On Friday, Binance, the world’s leading derivatives exchange, temporarily halted all futures trading on its platform. The company announced it was aware of an issue and that its team was working to resolve it as quickly as possible. The specific cause of the outage was not initially disclosed. The disruption affected a significant part of … Read more
After a quiet period in August, XRP is back in the spotlight, with analysts predicting a potential rally to $5. This bullish outlook is supported by four key factors: 1. Bullish Chart Patterns: On the daily chart, XRP is showing several strong technical signals. It is forming a falling wedge, a bullish pennant, and a … Read more
Solana (SOL) has recently reached a six-month high, but its rally is being met with significant selling pressure from influential investor groups. According to data, over 2 million SOL tokens, valued at more than $432 million, have been deposited into exchanges over the past three days. This behavior suggests that holders are taking profits on … Read more