Bybit opens European HQ in Vienna after securing Austria’s MiCA license. The MiCA license allows Bybit to serve all 29 European Economic Area countries. Bybit plans 100+ hires and collaboration with local universities in Vienna. Bybit is establishing its European headquarters in Vienna, Austria, following the successful acquisition of a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. The regulatory milestone, announced on May 29, signals the exchange’s firm commitment to compliance and positions it to offer […]
Key takeaways The Bitcoin Pepe presale will end in 31 hours, with exchange listing coming immediately afterward. The team has raised nearly $12.5 million to fund the development of its products. Altcoins underperform this week The cryptocurrency market looks to end this week bearish, with Bitcoin and other major cryptocurrencies currently in the red. Bitcoin has lost 2% of its value in the last 24 hours and now trades below $106k. Altcoins suffered huge losses, with most of them down […]
The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions, all US-based assets or interests tied to Funnull or Liu are blocked. The US government on Thursday imposed sanctions on Funnull Technology Inc, accusing the company of supporting widespread cryptocurrency scams that have defrauded American victims of more than $200 million. The Treasury Department’s Office of Foreign Assets Control (OFAC) […]
Binance applied a “seed tag” and launched futures trading with up to 75x leverage. On-chain TVL reached $20.28 million with DEX volume peaking at $47.44 million. A further 20% supply unlock is scheduled to begin in three months. Sophon’s utility token, SOPH, fell by 24.97% within 24 hours of its market debut on Binance and several other exchanges, shedding over $80 million from its market capitalisation. The steep decline followed a large-scale airdrop event in which 900 million tokens—9% of […]
Positive funding rates suggest long positions’ dominance. Exchange reserves fall by 50 million XRP, worth $114 million. Investors accumulate amid expectations of a price rebound. XRP’s price is under pressure, extending a two-week downtrend that has placed the token in a vulnerable spot. Yet, a deeper look at on-chain and derivatives market data reveals a contrasting trend. Traders are actively accumulating XRP, and institutional interest is gaining ground through futures contracts. With $223 million in open interest on CME within […]
Litecoin is forming bullish flag and pennant patterns, signalling a bullish breakout. Price targets range from $108 to $153 after the imminent breakout. Large holders and strong volume back the projected LTC’s upward momentum. Litecoin (LTC) is once again in the spotlight as bullish technical formations point to the potential for significant upside movement. The cryptocurrency is currently navigating a critical phase, marked by a series of strong technical patterns and robust on-chain data that suggest an optimistic outlook. LTC […]
Key Takeaways: Giza is building a specialized suite of Agents tailored to Re7 Capital’s broader ecosystem. The customized Agents delivered a 67% higher yield on stablecoins and an 18.5% higher yield on ETH. While development continues, Re7 will deploy $500,000 in USDC into ARMA, Giza’s flagship Agent. Web3 agent developer Giza announced that Giza Agents, which have facilitated over $40 million in volume to date, are entering the institutional space through a partnership with DeFi investment firm Re7 Capital.Re7 Capital […]
94% of meme coin holders also invest in Bitcoin and Ethereum later. US leads in meme coin adoption, with 31% starting their crypto journey with them. Meme coins now have a combined market cap of $74.4 billion. Meme coins are no longer just a punchline in the crypto world. A new study by Gemini suggests these internet-born tokens are now the entry point for over 30% of new cryptocurrency users across key markets like the US, UK, and Australia. According […]
Fartcoin (FARTCOIN) price was down 5% in 24 hours amid fresh profit taking. Analyst Captain Faibik says the memcoin could drop 50% amid a bearish impulse. Price faces key hurdle around $1.45 and $1.60, and support at $1.2 Several top memecoins, including Dogecoin, Shiba Inu and Pepe were down on Wednesday morning. Fartcoin (FARTCOIN), which has outperformed in recent months, mirrored the broader memecoin market trajectory with its price down 5%. Losses for the cryptocurrency cut recent gains to just […]
Cardano (ADA) has entered into a consolidation phase as the ETF decision deadline approaches. ADA on-chain activity and whale accumulation remain strong. ADA price hinges on ETF outcome, with key support at $0.72. Cardano price remains in a state of prolonged consolidation as the market eagerly awaits the US Securities and Exchange Commission’s (SEC) imminent decision on a spot Cardano exchange-traded fund (ETF). Despite a 9% price surge earlier in May, ADA’s current pullback and sideways movement have cast uncertainty […]