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Is it Too Late to Buy $MEME? Some Investors Are Stocking Up on a New Meme Coin

Leave a Comment / Investors, Stocking / azlan90

$MEME is one of the hottest meme coins of this month. Despite the cleverly uninventive name and lackluster value propositions, it has won a large community of speculative investors. With its market cap already at $183 million and little going on in the ecosystem, is $MEME out of steam? The $MEME Sensation Explained Within days […]

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ETH Soars to $2K As BlackRock Signals Potential Ethereum ETF Filing

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BlackRock may be preparing to launch a spot Ethereum (ETH) ETF amid roaring confidence that its spot Bitcoin (BTC) ETF application is all but certain, a new company registration suggests. The price of ETH has soared 8% on the day to $2,020. As shown by @SummersThings on Twitter, BlackRock registered a corporation named the “iShares

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ARK Invest Adds $9.5M Worth of Robinhood Shares to Its Innovation Portfolios

Leave a Comment / Invest, Worth / azlan90

Source: Adobe Popular crypto-friendly investment firm ARK Invest has significantly increased its stakes in the commission-free investing app Robinhood. According to a November 8 investment sheet posted online, the investment firm secured 1,141,046 units of Robinhood shares, amounting to a substantial $9.5 million investment within a 24-hour window. CATHIE WOOD $ARKK HAS BOUGHT THE DIP

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Proof of Stake Alliance Updates Best Practices, Signed by Coinbase, Paradigm, and More

Leave a Comment / Proof, Stake / azlan90

The Proof of Stake Alliance (POSA), in partnership with Paradigm Policy Lab, put forward a new set of best practices for staking with the goal of ensuring “customer protection and responsible innovation in the staking space” on Thursday, November 9th. A collective goal “Our collective goal is to ensure that staking is better understood, and

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Ripple Partners Onafriq to Boost Financial Inclusion in Africa

Leave a Comment / Partners, Ripple / azlan90

Ripple is partnering with payments fintech Onafriq, formerly known as MFS Africa, to facilitate digital asset-enabled cross-border payments connecting Africa to several new markets, such as the Gulf Cooperation Council (GCC), the UK, and Australia. The collaboration is expected to introduce quicker, more effective, and economical global money transfers to Africa, with the potential to

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Coatue Slashes OpenSea’s NFT Marketplace Valuation by 90%: Report

Leave a Comment / Coatue, Slashes / azlan90

American tech-focused investment manager Coatue Management has reportedly marked down its stake in OpenSea, one of the leading NFT platforms. According to documents reviewed by The Information, Coatue reduced its previously valued $120 million stake in OpenSea to just $13 million during the second quarter of 2023. Based on documents examined by The Information, Coatue

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Smart Money Is Moving into This AI Crypto – Here’s Why

Leave a Comment / Money, Smart / azlan90

Launchpad XYZ’s presale of its AI crypto LPX token has raised nearly $2 million so far. Image by Pol Solé, Adobe Stock. Artificial Intelligence‘s integration into the financial sector has sparked a new wave of investment strategies, particularly within the cryptocurrency industry. Amidst the volatility and complexity of the crypto markets, AI crypto startups are

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South Korean Telecom Giant Partners With Aptos to Boost Web3 Initiatives

Leave a Comment / Korean, South / azlan90

South Korea’s largest wireless carrier – SK Telecom – has announced signing a tripartite agreement with Aptos Labs and Atomrigs Labs. The latter serves as its technology partner. According to the official announcement on the LinkedIn post, the strategic partnership is expected to enhance SK Telecom’s affiliations with customer-preferred mainnets and decentralized applications(dApps). The focus

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Massive Shiba Inu (SHIB) Transaction: Whale Moves Trillions

Leave a Comment / Massive, Shiba / azlan90

TL;DR Whale Alert detected a transfer of 4.4 trillion SHIB by anonymous wallets amid rising whale activity, coinciding with Shibarium blockchain milestones. Despite burning 1.5 billion SHIB tokens in October and efforts to reduce supply, SHIB’s price rally remains moderate, with a 15% increase over the past month. SHIB on the Move Whale Alert, which

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Crypto Regulation News Weekly Digest: SafeMoon Executive Charges and FinCEN’s Mixing Service Proposal

Leave a Comment / Crypto, Regulation / azlan90

Last week saw major regulatory actions against crypto mixing services and alleged fraud along with pushback from lawmakers. Image by Andrii, Adobe Stock. The cryptocurrency industry increasingly finds itself under the purview of regulators striving to balance innovation with consumer protection and financial stability, as crypto regulation evolves worldwide. In just the past seven days, U.S.

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