The price of Compound (COMP) has unexpectedly surged by nearly 50% in the past three trading days, leaving many perplexed. On-chain data suggests that there may be further gains ahead, leading some to wonder if the bulls can push for the $50 target.…
Arbitrum, a blockchain platform, has announced that it now supports Cross-Chain Transfer Protocol (CCTP). This makes it the third chain to offer such support. CCTP enables the seamless transfer of assets between different chains, improving interoperability in the blockchain ecosystem. The integration of…
EDX Markets, a recently launched cryptocurrency exchange, is reportedly in talks with Anchorage Digital to serve as its custodian, after terminating its collaboration with Paxos. The exchange received financial backing from industry leaders such as Fidelity Digital Assets, Charles Schwab, and Sequoia Capital,…
In the past 24 hours, the Memecoin ($L) has gained a lot of attention, with its price skyrocketing by over 6,700%. Inspired by Elon Musk and Twitter, $L has become a hot topic among meme enthusiasts. However, there are concerns about its legitimacy,…
The Bitcoin price rally has paused after reaching a new yearly high of $32,410 on June 23. While the long-term outlook remains bullish due to Bitcoin spot ETF applications, there are several short-term factors hindering further momentum. Negative news surrounding the depegging of…
Blockchain project Horizen, backed by Digital Currency Group subsidiary Grayscale Investments, has announced plans to remove support for shielded transactions on its mainnet. The move is aimed at repositioning its native cryptocurrency, Zen, from a privacy coin to a more general digital asset.…
CoinCall is a leading cryptocurrency exchange that specializes in options and futures trading. It aims to make options trading accessible and inclusive for both retail and professional users. CoinCall recently launched its Early Bird Program, offering exclusive perks and benefits to early adopters.…
Miners have sent over $1 billion worth of bitcoin to cryptocurrency exchanges in the past two weeks, indicating increased trading activities and potential hedging strategies. According to CryptoQuant, approximately 33,860 BTC has been sent to derivatives exchanges, with most funds returning to miners’…
Fireblocks, a blockchain-based enterprise platform for crypto custody, has expanded its cloud support to serve banks globally. The company has partnered with Amazon Web Services (AWS), Google Cloud Platform (GCP), and Alibaba Cloud. Fireblocks aims to support 100% of all banks and financial…