The fund, created by Solana Ventures and the Solana Foundation, will focus on virtual gaming, and will invest in NFT and DeFi projects. Source
Solana Commits $100M to Support South Korean Crypto Projects
Tag: Support
Bitcoin Choppy Around $30K, Support at $25K-$27K
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Bitcoin Choppy Around $30K; Support at $25K-$27K
Bitcoin (BTC) price bounces have been short-lived, lacking significant momentum for a turnaround. Lower support is seen at $25K-$27K and resistance at $33K. Original
Circle to Support Polygon USDC on Payments Platform as Adoption Grows
The move will allow for swapping native USDC across eight other blockchain networks. Source
Blockchain Network Cronos Launches Accelerator Program to Support DeFI, Gamefi Startups
The Cronos Accelerator Program, which is funded by the $100 million Cronos Labs Ecosystem Fund, will provide seed investment opportunities from $100,000 to $300,000 to pre-seed-stage and seed-stage blockchain projects, as well as additional grant funding for security audits, node services and gas fees. The program will also pair startups with mentors and provide weekly workshops on topics associated with protocol building. In addition, participating startups can explore investment opportunities with Cronos’ VC partners. Source link
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
The recent downtrend in price has stabilized above the May 12 low at $25,338, which contributed to rising momentum on the daily chart. For example, the 14-day relative strength index (RSI) returned above the 50 neutral mark Monday after reaching extreme oversold levels on May 9. Original
Alchemy announces support for Solana Web3 applications the day after blockchain halted
In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the controversial blockchain. Caused by a bug that made it impossible to reach network consensus, the Solana blockchain was halted for approximately four hours on Wednesday. This isn’t the first time the system has been compromised, as normal functionality has been halted five times already this year. That didn’t seem to be a problem for Alchemy, which gives developers the ability…
Bitcoin Weighed Down by $34K Resistance, Support at $20K-$25K
Bitcoin (BTC) price action is stabilizing over the short-term, but expect a rise in volatility. There is strong resistance at the 50-day moving average, currently at $34K, although support at $20K-$25K could keep buyers active. Original Source 20K25K34kBitcoinResistanceSupportWeighed CryptoX Portal
Bitcoin Weighed Down by $34K Resistance; Support at $20K-$25K
Bitcoin (BTC) price action is stabilizing over the short-term, but expect a rise in volatility. There is strong resistance at the 50-day moving average, currently at $34K, although support at $20K-$25K could keep buyers active. Source
LABEL Foundation Integrates With Binance Custody to Offer Cold Storage Support for $LBL Token – Press release Bitcoin News
press release PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly secure cold storage solution. With this integration, LABEL’s native tokens can be kept safely as the $LBL is now supported by Binance Custody and the tokens are safely stored using their institutional and insured cold storage feature. Moreover, both BEP-20 and ERC-20 are available for deposits as well as withdrawals. If all goes well, the LABEL team hopes to further expand its partnership with the Binance ecosystem in…