LayerZero’s CEO, Bryan Pellegrino, shared new information amid the airdrop anticipation. In a Telegram group discussion, he revealed a surprising detail. Pellegrino’s findings indicate a strict filter. The airdrop aims to reach truly active users. From Participation to Protection: LayerZero’s Airdrop Eligibility Strategy Pellegrino found that nearly half of the addresses linked to LayerZero had…
A crypto whale, with the wallet address 0x1a2, deposited a staggering 1.238 trillion Pepe (PEPE) tokens to Binance. This considerable transaction involved an intermediary wallet, 0xDe8, suggesting a meticulously planned move that unfolded within a few days. How Crypto Whale Traded Pepe The activity began on May 4 and May 5 when the crypto whale initiated a large-scale…
As the world edges closer to a digital financial environment, institutions like KfW and Revolut are at the forefront. These European banks are deepening their forays into the crypto and blockchain arenas. This move reflects their adaptation to technological advancements. It also highlights a strategic pivot in the traditional financial (TradFi) industry toward more innovative…
Ethena (ENA) is gaining notable attention, stirring discussions among traders and analysts with its potential price trajectory aimed at flipping the $1 mark. The cryptocurrency maintains relevance without the hype surrounding AI or meme tokens, which are currently the key trending sectors at the moment. Based on recent sentiment and market trends, ENA shows signs of a…
Bitcoin price has once again shown its resilience by navigating through a volatile period known as the “Danger Zone.” This phase follows Bitcoin’s halving event, which significantly impacts its price. Emerging stronger, Bitcoin is now drawing investors’ attention. Bitcoin Price Moves From Danger to Accumulation Technical analyst Rekt Capital describes the “Danger Zone” as three…
Despite soaring expectations of a meme coin supercycle, recent performance data reveals significant downturns among these assets, challenging the bullish forecasts. Over the past month, popular meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have seen declines ranging from 8% to 31%. Meme Coins Dip as Interest Shifts to Bitcoin Market analysts attribute the…
Arbitrum (ARB) price is looking to challenge the norms of the descending triangle pattern after observing an escape over the past few days. With the support of investors, ARB could manage to note further gains provided it can breach key resistance levels. Arbitrum Investors Could Note the Benefits Arbitrum’s price is looking to chart a rally…
A few days ago, Ripple (XRP) experienced a bullish rebound, signaling the initiation of an upward trajectory. The question now remains whether Ripple will successfully surpass the current resistance levels. Yesterday, Ripple encountered notable resistance, leading to an initial bearish rejection in price action. The pivotal query centers on whether Ripple will manage to overcome…
In a significant development in the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Ripple, renowned defense attorney James Filan recently disclosed that the regulator has sealed its latest reply brief and supporting exhibits. Pivotal to the case, these documents remain under wraps with public, redacted versions expected to be released…
Keefe, Bruyette & Woods (KBW) indicated that Robinhood, known for its cautious approach to cryptocurrency offerings, stands a strong chance of prevailing in a potential legal skirmish with the US Securities and Exchange Commission (SEC). The cryptocurrency exchange received a Wells Notice from the SEC, which was unexpected given its conservative strategy in digital asset…