Author: CryptoHoppers

Key Takeaways BlackRock’s BUIDL fund is the first tokenized treasury to reach a $500 million market cap. Ethereum dominates the tokenized treasury market with over 75% share. Share this article BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has surpassed $500 million in market value, according to data from Dune Analytics. The growth also made BUIDL the first tokenized fund to hit the $500 milestone.BlackRock’s BUIDL hits $500 million – Source: Dune AnalyticsAs of July 8, BUIDL has attracted around $502 million in deposits. Data from Etherscan shows that the latest achievement comes as Ondo Finance increased its holdings in BUIDL.Ondo’s…

Ubisoft, the French AAA game developer, has recently announced a partnership with Double Jump.Tokyo, a Web3 gaming company, to accelerate the implementation of Web3 elements in their games. As a first step, Double Jump.Tokyo will issue NFTs for Champion Tactics, a game still in development, on top of Home Verse, an Oasys L2 structure with […] Source link

Crypto and blockchain investment firm Multicoin Capital is donating up to $1 million to support pro-crypto Republican lawmakers. The firm said it would match every SOL donated up to $1 million over the next 10 days through The Sentinel Action Fund, a conservative super-political action committee. The donation process is powered by crypto exchange Gemini, according to the site. “We’re doing this because we realize that political engagement matters, and it starts with supporting the candidates who believe America needs to remain free for innovation,” said Kyle Samani, managing partner at MultiCoin Capital, in a post on X on Friday. “By making…

Open Campus has been awarded a grant from the Arbitrum Foundation to establish EDU Chain, the first blockchain for education. The Arbitrum Orbit Stack serves as the foundation for the L3 rollup of EDU Chain, a blockchain network exclusively for education.  Many business partners, including Animoca Brands, support Open Campus, a well-known decentralized education protocol. It will extend support to the Arbitrum Ambassador Program, focusing on educational content endeavors. Open Campus will participate in Arbitrum hackathon competitions, which provide incentives to developers who build decentralized applications for blockchain networks designed for education. The EDU Chain’s objective is to create an…

Key Takeaways Mark Cuban previously criticized SEC’s approach, suggesting its potential impact on the 2024 election. Ro Khanna’s roundtable seeks to strengthen crypto industry ties. Share this article Democrat Ro Khanna is hosting an exclusive crypto-focused roundtable in Washington this Wednesday, Fox Business journalist Eleanor Terrett reiterated in a recent post. The event will feature several prominent figures, including billionaire entrepreneur Mark Cuban, Ripple CEO Brad Garlinghouse, and SkyBridge Capital founder Anthony Scaramucci, Terrett reported in a separate post.Cuban is a vocal advocate for crypto and the crypto industry. He believes clear crypto regulations from Congress before the 2024 US…

Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history, types, and application of moving averages leveraged in bitcoin trading, highlighting their significance and utility in the crypto market. The History […] Source link

The long-awaited distribution of Bitcoin from the collapsed Mt. Gox exchange has finally begun. This event has prompted industry veterans to share their insights, offering a range of perspectives on what the distribution could mean for investors and the market as a whole. Contrasting Views: Bearish Concerns vs. Bullish Optimism Jacob King of WhaleWire has sounded a bearish alarm, warning of a potential market downturn. King suggests that the combined effect of Mt. Gox repayments and German government sales could “easily wipe out any existing buy walls, plunging Bitcoin to new yearly lows.” He predicts a re-entry into a bear…

Mantra (OM) is up over 8% in the past 24 hours, amid broader crypto market volatility. Mantra’s bullish momentum The Relative Strength Index (RSI) indicates upward price movement in the neutral zone, suggesting potential without being overbought. Additionally, the Moving Average Convergence Divergence (MACD) has signaled bullish sentiment as the signal line crosses above the MACD line. Market sentiment surrounding Mantra remains positive, highlighted by a 7.9% surge in 24-hour trading volume, totaling over $50 million in OM tokens traded. This uptick underscores increasing investor confidence in the project’s growth prospects. OM’s technical data signals further price increases for the…

Key Takeaways Layer3’s airdrop increase to 7.5% supports its vision for a scalable omnichain infrastructure. With new funding, Layer3 plans to expand its team and operations, targeting growth in the APAC region. Share this article Layer3, a community-driven initiative focused on building an omnichain infrastructure for distribution, identity, and incentives, has adjusted its tokenomics and increased the initial airdrop to 7.5% of the total supply, Layer3 Foundation shared in a recent post on X. To match the scale of the vision for Layer3, we have made 2 key changes: • Total supply of L3: 3,333,333,333.• The initial airdrop will be…

UBS sees gold as an attractive geopolitical hedge and portfolio diversifier, rating the metal as most preferred in its investment lessons for the second half of the year report. The bank highlights strong market performance driven by AI investment and recommends diversified portfolios across various assets, regions, and sectors to navigate political and economic uncertainties. […] Source link