Chainlink (LINK) price exhibits bearish signals, but considering the broader market cues as well as LINK holders’ behavior, a different route is the likely outcome. This could lead to a recovery for LINK, and at the same time, it could also result in a confirmation of potential consolidation. Chainlink Investors Go Bullish Chainlink’s price has been under $15 for the…
Shiba Inu (SHIB) price will likely find some resistance when it comes to recovery since the meme coin is losing its investors’ confidence. This could lead to the altcoin continuing its ongoing downtrend, which might send it below $0.00002000. Shiba Inu Whales Take a Step Back Shiba Inu’s price has failed to breach the downtrend it has…
Worldcoin’s (WLD) price is in the middle of validating a bullish reversal pattern, but the broader market cues are causing a delay. Nevertheless, with the support of its investors, the cryptocurrency could continue its rally, provided it stays above key support. Worldcoin Investors Remain Optimistic Worldcoin’s price witnessed correction over the past few days, resulting from the…
Coincheck is preparing to enter the Nasdaq stock market, marking a significant step for Japan’s crypto market. This move comes through a merger with Thunder Bridge Capital Partners IV (Nasdaq: THCP), a particular purpose acquisition company (SPAC). Coincheck to List on Nasdaq For five years running, Coincheck has led in app downloads and boasts over 1.98 million…
Injective announced the launch of its Layer-3 network, the inEVM, powered by Arbitrum’s Orbit toolkit. It aims to enhance connectivity across Ethereum, Cosmos, and Solana networks, pushing the boundaries of blockchain interoperability and functionality. Injective and Arbitrum Enhance Blockchain Interoperability The design of the inEVM network allows integration with the Ethereum Virtual Machine (EVM). It enables developers to create…
The Cardano Foundation, headquartered in Zug, Switzerland, and responsible for the cryptocurrency ADA, has announced the appointment of Giorgio Zinetti as its Chief Technology Officer (CTO). This initiative highlights the Foundation’s dedication to steering Cardano through its next phase of growth and innovation in the blockchain sector. Cardano Names New Chief Technology Officer As the…
Bitget announced a partnership with Alchemy Pay. The goal is to enable the buying of cryptocurrencies with the Indian rupee (INR). This collaboration introduces a big improvement. It adds Alchemy Pay’s On-Ramp services to Bitget’s trading platform. Users will be able to buy Bitcoin (BTC), Ethereum (ETH), and Tron (TRX), among other cryptocurrencies, with INR. Bitget and…
The UK is on the brink of passing significant regulations concerning staking and stablecoins, aiming to cement its position as a global hub for cryptocurrency. This legislative push is being spearheaded by Economic Secretary Bim Afolami, who recently emphasized the urgency and priority of these regulations at the Financial Times Crypto and Digital Asset Summit….
Mode Network, a modular decentralized finance (DeFi) Layer-2 solution built on the Optimism Stack, has launched its governance token, MODE. Simultaneously, the network has initiated its crypto airdrop season, with the token claim site now active for participants. 550 Million Crypto Airdrop The MODE token has dual functions. It serves as a governance mechanism and promotes ecological…
On May 7, FTX Trading Ltd. and its associated debtors filed an updated Plan of Reorganization. They filed it with the United States Bankruptcy Court in Delaware. The plan outlines a structured approach to repay creditors by liquidating nearly all assets held by FTX at the time of its downfall. This move marks a crucial…