July 2024

GameStop Tribute Coin’s Rollercoaster Ride in the Crypto Market

The GameStop (GME) tribute coin on the Solana blockchain has experienced a tumultuous journey since its inception, far outlasting many other meme coins which often fade quickly after their initial surge. However, with declining interest in GameStop stock, the unofficial GME token has seen a significant downturn, losing nearly 79% of its value since peaking […]

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Polkadot’s Spending Spree Sparks Controversy

Polkadot’s recent financial decisions have ignited a debate among stakeholders concerned about the rapid depletion of funds. However, a deeper controversy is brewing within the Polkadot community regarding alleged discriminatory practices in the allocation of these resources. Victor Ji, co-founder of Manta Network, has labeled the Polkadot ecosystem as “highly toxic,” specifically criticizing the disparity

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Crypto Ventures Eye Resurgence Despite Market Volatility

In their latest analysis, Galaxy Digital highlights a growing optimism among venture capital investors towards the cryptocurrency sector this year, forecasting a potential resurgence in the coming months. This outlook persists despite a notable disconnection between Bitcoin’s price movements and the capital invested in crypto startups throughout Q2 2024. Galaxy’s report, which drew on data

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Supreme Court Ruling Ignites Memecoin Frenzy

The recent US Supreme Court decision, which ruled that former President Donald Trump cannot be prosecuted for acts committed while in office, has unexpectedly spurred a rally among politically themed memecoins. This verdict, delivered by an ultraconservative bench, has notably impacted both the legal landscape and the cryptocurrency market, especially with tokens that carry political

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Coinbase Challenges SEC: Seeks Clarity in Crypto Regulations

Coinbase has escalated its ongoing legal confrontation with the U.S. Securities and Exchange Commission (SEC), drawing on a recent court victory of Binance as a precedent. In a significant legal filing, Coinbase cited the dismissal of the SEC’s claims against Binance, where the judge ruled that secondary market transactions of the BNB token were not

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Germany’s Bitcoin Sell-off Spree: What’s Driving the Strategy?

In a notable move on Tuesday, the German government transferred 282.74 BTC, valued at approximately $17.64 million, to major cryptocurrency exchanges including Bitstamp, Coinbase, and Kraken. This action occurred at 4:20 p.m. Central Indonesian Time, continuing a broader trend of divestment by Germany, with over 3,000 BTC moved to centralized exchanges in just the past

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Robinhood Crypto Conquers All US States: What’s Next?

Robinhood Crypto has officially expanded its reach to all 50 states, including the U.S. Virgin Islands and Puerto Rico, marking a significant milestone in its operational footprint. Starting today, users across all U.S. territories can trade a diverse portfolio of 15 assets, such as Bitcoin, Ethereum, Dogecoin, and Avalanche. This expansion gives Robinhood a competitive

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