PRESS RELEASE. 23rd July, 2024 – Mhaya Brands is thrilled to announce the launch of the ‘Monopoly Mhaya’ airdrop, a revolutionary project poised to transform users into blockchain ‘tycoons’ through relentless clicking and the pursuit of profit. Since its debut on Telegram in July 2024, ‘Monopoly Mhaya’ has taken the platform by storm, attracting a […] Source CryptoX Portal
Ether was little changed after the SEC’s approval for ETH ETFs in the U.S. on Monday. The second-largest cryptocurrency traded around $3,500, just 0.2% higher than 24 hours ago. Still, it outperformed the wider digital asset market, which is 1.3% lower as measured by the CoinDesk 20 Index (CD20). Some analysts predict that the ETFs’ listings could drive the ether price up to $6,500, though inflows are not expected to be nearly as high as for their bitcoin counterparts. Steno Research predicts that the ETFs could see $15 billion-$20 billion…
In recent trading activities, XRP has taken a significant hit in its latest attempt to rally toward its previous high of $0.6360. Despite initial bullish momentum suggesting a potential breakout, XRP could not sustain its upward trajectory. The failure to reach the anticipated target has led to a notable decline in value, raising concerns among traders and analysts about the short-term outlook for XRP. As XRP struggles with these hurdles, this article seeks to analyze its current price movement and the technical indicators suggesting a sustained drop. The goal is…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
The investment was led by ABCDE and Franklin Templeton, one of the issuers of a spot bitcoin (BTC) exchange-traded fund in the U.S. The involvement of Franklin Templeton, a trillion-dollar asset manager, suggests the traditional finance (TradFi) world is taking notice of developments in decentralized finance (DeFi). Source link
“Notwithstanding the increased turbulence in the upcoming U.S. elections, we believe the risk/reward setup for Coinbase, particularly as to its defense against the Securities and Exchange Commission’s (SEC) lawsuit, has improved markedly in the past few weeks,” analysts led by Peter Christiansen wrote. Source
The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s platform, choose a vice-presidential candidate with expertise in digital asset policy, and engage with industry leaders. Digital Chamber […] Source CryptoX Portal
“Solana’s importance to financial services is quite significant around secondary trading,” Sehra said in an interview. “They have developed the chain for capabilities of increasing throughput, so the number of transactions per second, and also the reduction of the latency between transactions. Since we’re planning to launch secondary trading services later this year, we decided to provide access to all of our funds on Solana now.” Source
Ether is currently trading about 67% above its so-called realized price, which was $2,050 toward the end of the second quarter, the note said. That’s the highest since inception despite the fact that ETH remains well below its 2021 highs. The realized price is a measure that tries to capture the average cost basis of all current ETH holders. Ether was trading around $3,526 at publication time. Source link
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…