Author: CryptoHoppers
Mitroplus Labs Africa, a Ugandan blockchain education institution, launches “Afro” meme token on Tron’s Sunpump network. Afro, represented by an African girl, is intended to promote African identity in blockchain education. Founder Ivaibi Festo says Afro’s success will demonstrate Mitroplus Labs’ ability to develop utility tokens. The token will be integrated with educational seminars and […] Source link
Bitcoin is currently trading around $63,500 as we start the journey into the last week of September with optimism for bullish prices. Renowned crypto analyst Willy Woo has offered an optimistic outlook for Bitcoin’s next steps, drawing attention to a key technical indicator, the Puell Multiple. In his recent analysis, Woo suggested that Bitcoin is positioned for a significant rally, forecasting bullish momentum as we head into the final quarter of 2024. The Role Of The Puell Multiple Willy Woo’s outlook revolves around the Puell Multiple, a metric that helps identify Bitcoin’s market cycle peaks and troughs by comparing the…
The Celestia Foundation has raised $100 million, led by Bain Capital Crypto, bringing its total funding to $155 million. Launched in October 2023, the Celestia Mainnet Beta introduces a modular consensus and data network, enabling developers to build high-throughput applications without the limitations of traditional blockchains. This innovation has already resulted in the deployment of 20 rollup chains, with data blobs exceeding half of the total published by rollups. Celestia aims to significantly improve data throughput, targeting 1 gigabyte blocks to revolutionize blockchain scalability. Follow us for inspiring posts and storiesWe’d Love to Hear Your Thoughts on This Article!Was this…
Key Takeaways Grayscale’s Ethereum Trust led the outflows with over $80 million withdrawn in one day. Bitwise’s Ethereum ETF was the only fund without outflows, gaining over $1 million. Share this article Over $79 million was withdrawn from nine US spot Ethereum ETFs on Monday, the largest single-day outflow since July 29, according to data tracked by Farside Investors. The Grayscale Ethereum Trust, or ETHE, led redemptions, with investors pulling over $80 million from the fund.Since its ETF conversion, the ETHE fund has seen net outflows of over $2.8 billion. Despite continued bleeding, it is still the largest Ether fund…
The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all remittances sent to the country from January to August 2024 include cryptocurrency. Report: Adoption for Remittances Reach Only […] Source link
Franklin Templeton, a global asset management firm with $1.5 trillion AUM, has announced its plans to launch a mutual fund natively on the Solana blockchain. The announcement came during Solana Breakpoint 2024 in Singapore, where Mike Reed, who leads Partnership Development at Franklin Templeton, delivered a keynote speech. Franklin Templeton’s Journey Into On-chain Mutual Funds At the Solana Breakpoint 2024 event, Reed outlined the firm’s decision to bring a money market fund on-chain. He also highlighted how blockchain technology has the potential to enhance operational efficiency in the financial services domain. “Our idea was to, you know, try and find…
Photo by edmund on wallpapers . com Key Takeaways Kamala Harris publicly supports AI and crypto for the first time in her campaign. Harris plans to create a stable business environment with clear regulations. Share this article Kamala Harris promised on Sunday that her White House would be committed to fostering the growth of digital assets and artificial intelligence (AI) if she is elected as the next US president. “We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors,” said…
Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of U.S. sanctions on the dollar and the American economy. Lavrov agreed that sanctions imposed by the Biden administration have weakened the dollar’s global reserve status. He further noted a global shift towards dedollarization, led by nations like […] Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After strong gains, Solana and Binance Coin investors are eyeing Rollblock, seeking a potential 100x return in crypto. After raking in decent profits this year, Solana and Binance Coin investors are looking for the next best thing. They’re in search of a token that would fetch a 100x crypto return in the medium term, and Rollblock ranks high amongst their options. Rollblock is an online casino that offers the best of both online and traditional betting houses. It is…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. An Ethereum ICO participant sent 10,000 ETH to Kraken after two years. Shibarium fees soared 2,024% as IntelMarkets raises $450K. According to the latest news, an Ethereum ICO participant just sent 10,000 ETH to the Kraken exchange. This transfer comes after the participant was dormant for over two years. In other news, Shibarium transaction fees have pumped by 2,024% in the past day due to an increased number of transactions. Meanwhile, IntelMarkets is the top-performing presale, scoring over $450k…