PEPE coin’s price surges, breaking a long-term resistance trendline, amid a token burn and new advisors, signaling potential meme coin resurgence. Key Takeaways In a surprising turn of events, the price of PEPE has broken free from its shackles, signaling a potential resurgence of meme coins. The long-term descending resistance trendline that had been suppressing PEPE’s price since July has …
Continue Reading
Chainlink’s LINK token surged nearly 20% in less than 24 hours, hitting an 18-month high of $10.86. Key Takeaways Over the weekend, all eyes were on Bitcoin as it approached its 2023 resistance level just above $30,000. Meanwhile, Chainlink’s LINK token experienced an explosive rally, surging to its highest value since May 2022. But what’s fueling this remarkable momentum. Surges …
Continue Reading
Binance reestablishes Euro services through regulated partnerships after parting ways with PaySafe. Key Takeaways Binance, the globally renowned cryptocurrency exchange, has taken strategic steps to reinvigorate its Euro transaction services. In an official announcement, Binance unveiled its partnership with regulated entities, a move designed to enhance its Euro-centric offerings. The primary objective is to streamline deposit and withdrawal processes, making …
Continue Reading
The Shiba Inu (SHIB) price faces bearish pressure but attempts a bullish breakout from a falling wedge pattern. Key Takeaways In the volatile world of meme coins, Shiba Inu (SHIB) is currently grappling with a bearish onslaught, hindering its attempt to break free from the confinements of a falling wedge pattern. This unexpected attack has momentarily delayed the much-anticipated rally …
Continue Reading
Upbit, a major South Korean cryptocurrency exchange, reported a significant increase in hacking attempts, with 159,000 recorded during the first half of 2023. Key Takeaways Upbit, a prominent South Korean cryptocurrency exchange managing daily trades around $1.2 billion, recently found itself ensnared by a considerable 159,000 hacking attempts during the initial six months of 2023. Revealed by Dunamu, Upbit’s parent …
Continue Reading
NFT artist John Hamon boldly set his three-year art project aflame in various locations across Paris, including in front of notable galleries, symbolically marking the “death” of contemporary art. This provocative act has been immortalized and commercialized through the sale of NFTs depicting the fiery scenes. Key Takeaways John Hamon’s performance and its transformation into NFTs explores the tension between …
Continue Reading
Stride Protocol’s co-founder, Vishal Talasani, has proposed merging its liquid staking zone with the Cosmos Hub, converting Stride’s STRD governance token to Cosmos’ ATOM. Key Takeaways Stride Protocol, currently a notable player in the Cosmos ecosystem with a staked TVL of $36.94 million and nearly 80% of tokens staked being ATOM, is contemplating a strategic merger with the Cosmos Hub. …
Continue Reading
Temasek, a wealth management firm based in Singapore has cut the salary of the staff who were involved in its FTX investment. Temasek had invested $275 million in FTX which they wrote off. After an internal review was conducted by the team at Temasek, they found out that the employees were not involved in any kind of misconduct. Temasek said …
Continue Reading
Ubisoft, a renowned name in the gaming world has launched Rabbids theme NFTs into Reddit to offer personalization of profils to users. These alien looking rabbit creatures were first launched in the mid 2000s and have also been featured in Nintendo’s Mario franchise. Now they are available to Reddit users which are acquirable as Polygon NFTs. These collectibles on Polygon …
Continue Reading
