Notcoin (NOT) price surged 20% on Tuesday as new tokens continued to rise. With a current market capitalization of $942 million, Notcoin appears poised to enter the top 100 coins. Bitcoin, Ethereum, and Solana are all down 3% in the last 24 hours. Because of this, most cryptocurrency markets are suffering. However, Notcoin (NOT), Celestia (TIA), and memecoins Floki and Pepe are exceptions, as momentum keeps them in the green. Notcoin price soared and the token entered the top 100 coins. Notcoin, a recently launched cryptocurrency token, has performed well amidst bullish projects and could enter the top 100 by…
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According to on-chain data, there has been a significant surge in netflow on Ethereum exchanges recently, a sign that could lead to a downtrend in the cryptocurrency price. Ethereum Exchange Netflow recently registered a massive positive spike. In a new post on X, market intelligence platform IntoTheBlock discussed the latest trends occurring in Ethereum’s exchange netflow metrics. “Exchange Netflow” here means an on-chain indicator that tracks the net amount of a specific cryptocurrency entering or leaving a wallet associated with a centralized exchange. Related Reading A positive value for this indicator means that investors are currently depositing a net amount…
Turin, Italy, May 24, 2024, Chainwire Iconic Italian football club Juventus has announced a partnership with cryptocurrency online casino Instant Casino to become its new regional betting partner in Europe. The deal has been described as a huge win for Juventus fans and Instant Casino players alike, promising extensive entertainment opportunities and exclusive rewards. Juventus Chief Commercial Officer Tiziana Di Gioia echoed this optimism when speaking about the new partnership. “We are delighted to welcome Instant Casino to the Juventus family. This partnership marks an exciting chapter for both our club and our fans. Instant Casino shares our commitment to…
Record inflow of $1 billion through digital asset investment The breakthrough in the digital asset market has led to an increase in inflows of USD 1 billion, with inflows now reaching an impressive record of USD 14.9 billion. This remarkable performance highlights the growing investor confidence and interest in digital assets, particularly Bitcoin and Ethereum. Bitcoin leads the charge According to CoinShares, most of these inflows were in Bitcoin ETPs, which hit an impressive $1.01 billion in the last week alone. These significant inflows were a key driver of this year’s record-breaking totals. Interestingly, while…
“Ryan Salame agreed to further the interests of FTX, Alameda Research and his co-conspirators through illegal political influence campaigns and unlicensed money transfer operations, which helped FTX grow faster and to a larger scale by operating outside the law. .” “Salameh engaged in two serious federal crimes that undermined public trust in American elections and the integrity of our financial system,” Damien Williams said in a statement. “Today’s sentence highlights the real consequences for such crimes.”
‘Web3 Games’ Causes Employee Attrition: Grease Monkey Games Founder Changing direction is nerve-wracking for any company. But when greek monkey games Founder Arran Potter told his team he was transitioning to “Web3 gaming,” but had no idea that 10 employees would be leaving the company. “We told the studio this was happening. We lost a lot of staff going into this space. They just didn’t want to make Web3 games.” Potter tells Web3 Gamer. “We lost about 10 people in about a month,” he added. The Australian-based company is part of Animoca Brands and is best known for the popular…
One cryptocurrency strategist who correctly called Bitcoin’s (BTC) halving correction believes that altcoins are close to taking center stage. Household analyst Rekt Capital told his 473,400 followers on social media platform I said there is. According to Rekt, OTHERS appears to be following the script he laid out in February, which suggests the broader altcoin market is poised for a gain of around 42% from current levels of $297.5 billion. “Altcoin market caps have hit their highest weekly close since early April 2024. They are also perfectly following the ultimate altcoin market cap game plan outlined earlier this year.” Source:…
BNB price is one of the few cryptocurrencies that continues to rise despite recent market weakness. Binance Native Tokens benefit from changing holder attitudes and improving market conditions. BNB could see growth The price of BNB could capitalize on the optimism shown by investors. Over the past week, BNB holders have shifted their stance from bearish to bullish as funding rates held steady for the first time since late March. The funding rate is a periodic payment between futures contract traders to ensure that the contract price remains close to the spot price. It reflects the difference between the perpetual…
Japanese listed company Metaplanet Inc. (TSE ticker: 3350) announced a significant boost to its Bitcoin holdings. At a recent board meeting, the company decided to purchase an additional 250 million yen worth of Bitcoin, currently worth $1.6 million.JUST IN: 🇯🇵 Japanese listed company Metaplanet makes additional purchases worth 250 million yen #Bitcoin pic.twitter.com/YmRDiLl02z— Bitcoin Magazine (@BitcoinMagazine) May 28, 2024 Metaplanet recently outlined its approach to Bitcoin management. The company also stated that Bitcoin acquired for long-term purposes is recorded at cost, ensuring stable accounting over time. Conversely, Bitcoin held for short-term purposes is revalued to market value on a quarterly…
Riot Platform proposes to acquire Bitfarms for $2.30 per share CASTLE ROCK, Colo. – Riot Platforms, Inc. (NASDAQ: RIOT) announced an offer to acquire all outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) for $2.30 per share. According to Riot Platforms, the acquisition aims to create the world’s largest publicly traded Bitcoin miner. The proposed acquisition price is a 24% premium to Bitfarms’ one-month trading volume-weighted average stock price as of May 24, 2024, and a 20% premium to Bitfarms’ stock price as of April 19, 2024. The total asset value is approximately $950 million. Strategic…