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November 25, 2024 – Taipei, Taiwan Anzen, the financial platform behind USDz, plans to launch on December 2, 2024, for their launchpad sale of the Anzen protocol token on Fjord Foundry. Anzen is designed to create a broad range of options for USDz holders to potential returns in a stable, real-world asset-backed environment. Users can see the official announcement here. USDz and sUSDz are...
A Dogecoin (DOGE) rival has rallied after suddenly being listed on retail trading giant Robinhood’s platform. In a new announcement, Robinhood says that the dogwifhat (WIF) is available for trading on Monday. Amid the news, the memecoin soared to a high of $3.62, up from Sunday’s low of $3.06. WIF has settled down to $3.24 at time of writing, up 4.7% in the last 24 hours. With a market cap of $3...
November 25, 2024 – Bengaluru, India Kernel is thrilled to announce funding from Binance Labs, solidifying their role as a core restaking infrastructure on BNB Chain. This milestone marks a big leap in turning BNB’s economic security into programmable trust, empowering DApps (decentralized applications), middleware and the entire crypto ecosystem. Kernel raised $10 million total funds across...
A prominent non-profit crypto advocacy group is naming the biggest current threats to the digital assets industry. In a new report analyzing crypto legislation after the 2024 US presidential election, Coin Center says the three biggest threats to the industry are the Internal Revenue Service’s (IRS) mandate to report crypto transactions larger than $10,000 (6050I), the sanctions placed on crypto...
Deep-pocketed Bitcoin holders are loading up on BTC to the tune of billions of dollars, a closely followed analyst says. Ali Martinez tells his 88,800 followers on the social media platform X that Bitcoin whales bought tens of thousands of BTC in just four days as the crypto king hovers close to the psychological price point of $100,000. “Bitcoin whales have bought over 40,000 BTC in [96 hours...
Asset management firm and exchange-traded fund (ETF) issuer VanEck is standing firm on its bullish price prediction for Bitcoin (BTC). In a new report, VanEck says a number of key indicators the firm tracks continue to suggest that BTC is not yet in the late stages of a bull run. “Now in uncharted territory with no technical price resistance, we believe the next phase of the bull market is just...
Popular crypto analyst Altcoin Sherpa says that Ethereum (ETH) is likely approaching a cycle bottom in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 230,000 followers on the social media platform X that ETH/BTC will likely bottom once Bitcoin has completed its breakout rally. “I know everyone’s talking about altseason now and nobody wants that more than me. However, I think that...
BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations. Hayes says TradFi will see crypto going up, and end up allocating...
A prominent crypto analytics firm is warning that on-chain data is indicating that traders are taking profits on their Cardano positions (ADA). Santiment says on the social media platform X ADA is flashing two bearish signals after an over 220% rally this month. According to the analytics firm, the massive upward move has incentivized traders to unload $165 million worth of ADA profits on...
An analyst known for nailing the end of the 2022 Bitcoin bull market is outlining triggers that could signal the top for BTC. Pseudonymous analyst Pentoshi tells his 822,400 followers on the social media platform X that a Bitcoin bull market may be in the midst of topping out once the price refuses to rally despite plenty of positive catalysts. “Price will eventually stop reacting to good news....