Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
The native token of UniSwap, UNI, is facing a period of significant downward pressure, with a recent whale dump exacerbating concerns. Whale tracking platform Lookonchain reported that prominent trading firm Cumberland offloaded a massive 989,520 UNI tokens worth $16.73 million across major exchanges like Binance, Coinbase, OKX, and Robinhood. This significant sell-off came shortly after … Read more
Coinbase, one of the world’s leading cryptocurrency exchanges, has recently faced criticism from users who have reported account restrictions. These restrictions have prevented users from accessing their funds, leading to frustration and concerns about the platform’s security and customer service. The issue has gained traction on social media, with users sharing their experiences and calling … Read more
A Tale of Two Memecoins In a surprising turn of events, the Coinbase listing of Moo Deng (MOODENG), a Solana-based memecoin inspired by a Thai baby hippopotamus, hasn’t quite lived up to expectations. Despite the token’s viral moment in November when it “predicted” the US presidential election, its price has dipped 12.4% in the 24 … Read more
Coinbase has recently announced the addition of five new cryptocurrencies to its COIN50 Index: Axie Infinity (AXS), Blur (BLUR), Jasmy (JASMY), Kusama (KSM), and MultiversX (EGLD). This strategic move reflects the index’s commitment to diversification and its focus on identifying promising digital assets. Index Performance and Market Outlook Since its inception on November 12, 2024, … Read more
Self-custody wallets have emerged as a cornerstone of the crypto ecosystem, offering users unprecedented control over their digital assets. By eliminating the need for intermediaries, these wallets empower individuals to secure their wealth and participate in decentralized finance. The Power of Self-Custody Self-custody wallets provide several key advantages: Security: By holding the private keys, users … Read more
Yuga Labs, the powerhouse behind the Bored Ape Yacht Club (BAYC) and ApeCoin, has made a strategic move to further solidify its position in the Web3 landscape. The company has acquired the tech team of Tokenproof, a leading Web3 tokenization service. Tokenproof specializes in verifying NFT ownership for real-world applications. The company has been a … Read more
DOGS, a memecoin built on The Open Network (TON), has announced plans to donate over 6 billion tokens, worth approximately $4.5 million, to nonprofit organizations worldwide. The initiative will be facilitated through a newly launched charity portal, allowing registered nonprofits to apply for funding. DOGS aims to redirect a significant portion of unclaimed airdrop tokens … Read more
MOODENG has experienced a dramatic price surge of over 60% in the past 24 hours, primarily driven by the exciting news of its addition to Coinbase’s listing roadmap. This significant development has ignited investor interest and fueled a rapid uptrend. Technical Analysis: A Closer Look ADX on the Rise: The Average Directional Index (ADX) has … Read more
Aptos Network has been on a remarkable run in recent weeks, with key metrics like Total Value Locked (TVL) and stablecoin market cap reaching new all-time highs. This surge in activity indicates a growing interest in the network and its potential for future growth. Key Highlights: Record-Breaking TVL: Aptos’s TVL surpassed $1.2 billion, showcasing strong … Read more
Dubai, November 13, 2024: Web3 and AI consulting giant VAP Group is pleased to announce the second edition of the Global AI Show, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. The event will be held under the official support of the United Arab Emirates Minister of State for Artificial Intelligence, Digital Economy … Read more