Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
Polygon (MATIC), a leading layer-2 scaling solution for Ethereum, has been facing headwinds recently due to a significant increase in selling pressure from large holders, often referred to as “whales.” This sell-off has raised concerns among investors and analysts about the short-term price trajectory of MATIC. Whale Activity and Market Sentiment On-chain data reveals a … Read more
VeChain (VET), a prominent player in the blockchain space specializing in supply chain and enterprise solutions, has recently experienced fluctuations in its market performance. Given its unique value proposition and growing adoption in various industries, is the current price dip a buying opportunity for VET holders and potential investors? Recent Market Performance VET faced a … Read more
A high-ranking Nigerian official has called for the adoption of blockchain technology and artificial intelligence (AI) to combat illicit financial flows (IFFs) in the country. The official, who spoke at a recent conference on financial crime, emphasized the need for innovative solutions to address the growing problem of IFFs, which are estimated to cost Nigeria … Read more
Hong Kong is rapidly emerging as a major hub for virtual assets, with tech companies showing increasing confidence in the city’s regulatory framework and growing ecosystem. Recent developments, such as the introduction of virtual asset ETFs and the launch of a licensing regime for virtual asset service providers (VASPs), have further solidified Hong Kong’s position … Read more
Hamster Kombat, a Telegram-based game launched in 2024, is taking the world by storm and may be destined for a Guinness World Record. The game has already surpassed 150 million users, making it the third-fastest growing app in history, following Pokemon Go and Threads. What is Hamster Kombat? Hamster Kombat is a unique fighting game … Read more
In a move to enhance the utility of its native stablecoin, Curve Finance has transitioned its fee distribution mechanism from the 3crv token to crvUSD. This strategic shift is expected to incentivize users and further integrate crvUSD into the Curve Finance ecosystem. Promoting crvUSD Adoption and Utility By distributing fees in crvUSD, Curve Finance aims … Read more
Coinbase, a leading cryptocurrency exchange platform, has announced a new partnership with Stripe, a global payment processor, to bring Base, Coinbase’s layer-2 blockchain, to millions of businesses worldwide. This collaboration aims to enhance the financial system by providing faster, cheaper, and more accessible financial infrastructure. Key Features of the Partnership USDC Support on Base for … Read more
Coinbase, a major cryptocurrency exchange, announced it will not participate in the upcoming token merger between Ocean Protocol (OCEAN) and Fetch.ai (FET) to form the Artificial Superintelligence Alliance (ASI). This decision, revealed on June 26th, 2024, stands in contrast to the planned merger process. While Coinbase will delist neither OCEAN nor FET, they won’t handle … Read more
Notcoin, a cryptocurrency linked to the messaging app Telegram, is anticipating a significant price increase. This bullish prediction follows the project’s recent burn of 210 million NOT tokens, valued at roughly $3 million. The burn significantly reduced the overall supply of NOT, potentially leading to a price rise due to scarcity. The Notcoin team believes … Read more
SushiSwap (SUSHI), the decentralized exchange token, is hinting at a potential rally towards $0.85 as demand appears to be picking up. Recent Price Action Analysts observed SUSHI trading within a descending channel between June 6 and 23, suggesting a downtrend with increased token distribution. However, a recent breakout above the upper trend line of this channel signals a … Read more