Coinbase Announces DESO Token Delisting, Price Tumbles 20% Leading cryptocurrency exchange Coinbase has revealed plans to delist Decentralized Social’s native token DESO, triggering significant market turbulence. The announcement caused DESO’s price to plummet 20% within 24 hours as investors rushed to react to the news. The project, which previously secured over $200 million from prominent…
The cryptocurrency market is experiencing volatility following Israel’s attack on Iran, with most digital assets struggling. However, Goatseus Maximum (GOAT) continues to show impressive gains, bucking the broader market trend. GOAT, despite being a newcomer to the crypto scene, has captured significant attention from the cryptocurrency community with its remarkable performance. The token recently achieved…
Scroll Ecosystem’s Stablecoin Project Faces Major Crisis Amid Rugpull Concerns The cryptocurrency market was rattled Saturday as Scroll ecosystem’s stablecoin project Essence Finance came under intense scrutiny following suspected rugpull activity. The project’s stablecoin, CHI, experienced a devastating 98% price crash, while reports emerged of millions in collateral being withdrawn, leading to widespread speculation of…
Crypto Market Tumbles as Bitcoin Dips to $65,500 Amid Middle East Tensions The cryptocurrency market experienced a sharp decline today, with Bitcoin (BTC) dropping 2% to test support at $65,500. The selloff intensified across altcoins, with Ethereum, BNB, SOL, and XRP recording losses between 3-6% following Israel’s military action against Iran. This latest geopolitical development…
Vitalik Buterin Outlines Key Steps for Ethereum’s Scaling Journey Ethereum co-founder Vitalik Buterin has highlighted crucial steps for Ethereum’s scaling roadmap, with a particular focus on Helios, an innovative multichain light client solution. In the ongoing pursuit of enhanced scalability and decentralization, Buterin emphasized that implementing Helios and similar solutions into mobile and desktop wallets…
In a recent statement, Polymarket CEO Shayne Coplan addressed accusations of market manipulation on the platform’s prediction markets for the US Election. Coplan emphasized Polymarket’s non-partisan and transparent operating principles amid rising concerns about large bets impacting odds. Polymarket CEO Stands Firm Against Manipulation Allegations In a detailed post on X, Polymarket CEO Shayne Coplan…
LidoDAO Launches Community Staking Module: A Game-Changer for Ethereum Staking LidoDAO has introduced the Community Staking Module (CSM), marking a significant milestone for solo staking on the Ethereum network. This innovative feature democratizes staking access by reducing entry barriers for node operators. The CSM launch is poised to make Ethereum staking more accessible and decentralized,…
NYSE Arca Plans Extended Trading Hours: Major Boost for Bitcoin ETFs The New York Stock Exchange (NYSE) Arca’s electronic trading platform is set to undergo significant changes that could substantially benefit Bitcoin ETF products. According to Intercontinental Exchange, NYSE Arca’s parent company, trading hours will be extended to 22 hours daily. This development comes as…
The crypto market experienced renewed selling pressure this week as Bitcoin retreated from $70,000, triggering corrections across altcoins including Cardano. However, analysts suggest holding onto ADA may be prudent given current market signals. During Friday’s Asian trading, ADA dipped 0.8% to $0.34, with its market cap falling to $12 Billion. The price is currently retesting…
XRP Lawyer John Deaton Takes on Anti-Crypto Senator Warren in Massachusetts Race The Massachusetts Senate race has taken center stage in the crypto world as XRP lawyer John Deaton challenges incumbent anti-crypto Senator Elizabeth Warren. Recent claims by Warren about Deaton’s campaign funding have come under scrutiny, with market experts revealing discrepancies in her statements.…