In Brief Aptos, The Sandbox and Arbitrum have token unlocks scheduled for next week. The total value of tokens unlocked next week exceeds $230 million. Token prices may experience significant fluctuations around large unlock dates. Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid…
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In Brief Although Bitcoin has shed some losses, distribution from holders signals that the coin’s troubles are far from over. Spot Bitcoin ETFs recorded persistent outflows last Friday, giving further credence to the sentiment. BTC price is closing in on the supply zone around $62,477, suggesting that it may retrace to $60,499. Bitcoin (BTC) holders…
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In Brief Fantom price could rise above its recent slump with a potential to reach $0.66 or even $0.99 if bullish trends persist. The token trades above the 23.6% Fibonacci level, suggesting a potential upswing if it holds above the bear market support floor If bears regain control, the bullish thesis may be invalidated, and…
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In Brief Billionaire Mark Cuban notes Kamala Harris’ team has been asking numerous crypto-related questions. Bitcoin Magazine CEO reveals that Harris is in discussion for speaking at the Bitcoin Conference 2024. The crypto community reacts to Harris’ interest with mixed opinions on potential policy changes. Vice President Kamala Harris is probing the crypto industry…
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In Brief Internet Computer has been moving in a similar direction to Bitcoin as indicated by a 90-day correlation. This correlation has contributed to ICP’s recent price gains and a key integration could strengthen it. ICP’s price trades above the 20 EMA with the Supertrend supporting a bullish outlook for the token. Not all cryptocurrencies…
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In Brief The SEC has approved the first-ever Ethereum ETF, marking a major milestone for Ethereum and the crypto industry. This approval indicates growing institutional acceptance and allows investors to gain direct exposure to Ethereum. Following the news, Ethereum’s price had muted response. It is currently trading around $3,475. Ethereum has followed in Bitcoin’s footsteps,…
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In Brief Telegram founder Pavel Durov announced the launch of a Mini App store and in-app browser with Web3 support by the end of July. This initiative follows the success of Telegram Mini Apps and aims to make the messaging app a central player in blockchain adoption. Durov plans to combat malicious actors through a…
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In Brief Enhanced Web3 wallets simplify crypto transactions and improve security. Advanced Web3 wallet features make crypto transactions more seamless. Interoperability in Web3 wallets boosts accessibility and user experience. Web3 wallets are becoming increasingly important instruments for widespread adoption in the crypto scene. Experts like Luis Ocegueda, Head of Engineering at Trust Wallet, and Alvin Kan,…
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In Brief Donald Trump plans to launch a fourth NFT collection, building on previous successes. His campaign has received $3 million in crypto donations, indicating strong support. Crypto donations come from both high-profile crypto leaders and ordinary US citizens. Former US President Donald Trump hints at a plan to launch his fourth non-fungible token…
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In Brief Ripple’s (XRP) price nearly crashed by 11% in a day yesterday before recovering to trade at $0.43. The participation from XRP holders continues to remain weak, impacting the potential for recovery. Conviction, however, is still strong as investors are refraining from moving their holdings around. Ripple (XRP) price momentum has turned bearish, and…
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