Author: CryptoHoppers
Key Takeaways SunPump Beta provides a secure, low-cost platform for launching and trading meme coins. The platform features a liquidity and token burn mechanism to maintain market integrity. Share this article Singapore, August 13, 2024 – SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the fair launch and trading of meme coins. SunPump offers creators an accessible, low-cost way to launch their own meme coins in a secure and user-friendly environment. This innovative platform will elevate user engagement and promote a more autonomous trading experience.SunPump combines user-friendliness,…
Ethereum price started a downside correction from the $2,700 zone. ETH is now consolidating and struggling to stay above the $2,500 support. Ethereum started a downside correction below the $2,650 and $2,620 levels. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise again if it stays above the $2,550 support zone. Ethereum Price Trims Gains And Revisit $2,550 Ethereum price struggled to extend gains above the $2,700 resistance zone.…
Ben Armstrong, widely known as “Bitboy” in the cryptocurrency community, recently made some intriguing predictions regarding the prices of Bitcoin and XRP during an appearance on the latest episode of Tony Edward’s “Thinking Crypto” YouTube show. The former millionaire influencer outlined his views on the upcoming market dynamics, offering both hope and caution to crypto enthusiasts. “I’ve been a big believer in April Fool’s Day [for] this bull market next year,” Armstrong told Edward. “I think it’s a great day for some tomfoolery.” Armstrong emphasized his belief that the next significant Bitcoin (BTC) bull run could commence on April 1,…
Key Takeaways BlackRock’s Ethereum ETF has accumulated $901 million since its launch and may soon hit $1 billion in net inflows. Grayscale’s Ethereum ETF remains the dominant player in the market despite intense outflows. Share this article BlackRock’s Ethereum exchange-traded fund (ETF), the iShares Ethereum Trust, could become the first US spot Ethereum fund to hit $1 billion in net inflows. The ETF, trading under the ETHA ticker, has logged around $901 million in net capital just three weeks after its launch and is well on track to achieve the milestone, Farside Investors’ data shows.Ethereum ETF Flow – Source: Farside…
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets […] Source link
Are you struggling to find a credit card 1000 limit because of your bad credit? There are several options in 2024 that offer a $1,000 limit without requiring a good financial standing. This is especially important if you need to cover unexpected expenses or invest in your financial improvement. We’ve picked the 6 best $1,000 limit credit cards that you can get now and help yourself out of a tricky situation. Now, let’s explore all 6 of these options to find the best fit for your needs. Key highlights: The Surge Platinum Mastercard provides assured approval regardless of bad credit…
Telegram launched as a simple messaging app in 2013. Today, it’s a major player in the cryptocurrency space, integrating the TON blockchain. When brothers Nikolai and Pavel Durov founded Telegram, the startup quickly gained popularity for its emphasis on privacy and speed. In the subsequent years, Telegram underwent a transformation: changing from a communication tool to a key platform for crypto users and applications. In this article, we will retrace Telegram’s journey, from its initial foray into blockchain technology with the TON Blockchain to its legal battles with the U.S. Securities and Exchange Commission and its current influential role in…
Celsius sues Tether for $2.4B in Bitcoin, Tether strikes back, calls case a “shakedown”
Key Takeaways Celsius accused Tether of wrongdoing in a 2022 agreement where Tether provided USDT to Celsius against BTC collateral. Tether denied wrongdoing, claimed the lawsuit is baseless and a “shakedown” attempt to recover losses from Celsius’ mismanagement. Share this article Tether, the issuer of the stablecoin USDT, has fired back at Celsius Network in response to a lawsuit filed against the company on Friday. Tether called the case a “shakedown” attempt to shift blame for Celsius’s financial mismanagement onto Tether.According to a recent blog post from Tether, in 2022, the company and Celsius inked an agreement where Celsius borrowed…
Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November 2022 and later used to purchase luxury items, including a […] Source link
The market capitalization of Tether‘s stablecoin USDT has surpassed $115 billion. According to a somewhat cryptic X post by CEO Paolo Ardoino, Tether’s stablecoin USDT (USDT) hhas reached a significant milestone, surpassing $115 billion in market capitalization. This achievement underscores USDT’s dominance in the stablecoin market, where it has accounted for over 70% of the market for nearly a year. Recent data indicates that USDT’s market cap grew by over $1 billion in the past week, coinciding with a rebound in Bitcoin’s (BTC) current price of $60,200. Tether surpassing $115 billion in market cap is significant because it demonstrates how…