Key Takeaways: OKX is holding Trade & Earn campaign of Kaito (KAITO) and Pi tokens for users who meet specific trading and deposit requirements. For new users, simple task completion…
CryptoNinjas
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Key Takeaways: Israel has released the preliminary design for its CBDC, the digital shekel, aiming for a user-friendly and inclusive digital currency. The digital shekel will be able to do…
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Crypto Currency
THORChain Under Fire as Swap Volumes Surge From Aftermath of Bybit Hack – CryptoNinjas
Key Takeaways: THORChain swap volume surged past $1 billion post-Bybit hack. Concerns rise over its potential misuse for laundering stolen funds. RUNE price jumps amid increased platform activity. THORChain, a…
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Crypto Currency
Wintermute’s $38M Solana Withdrawal Sparks Fears Ahead of $2B Token Unlock – CryptoNinjas
Key Takeaways: Wintermute withdrew $38 million worth of SOL from Binance. Another $2 billion worth of Solana tokens is expected to unlock, which could intensify selling pressure. Analysts are worried…
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Crypto Currency
Is Pi Network the Next Cryptocurrency Revolution or Another Hype Train? Can You Really Cash Out? – CryptoNinjas
Key Takeaways: How do you sell Pi as users face multiple roadblocks? Pi cannot be accessed globally; thus, it cannot realize its value yet, making sales limited; So, tread carefully around projects…
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Key Takeaways: ETH reserves on exchanges are at their lowest levels since 2016, signaling reduced sell-side pressure. Investors are increasingly moving ETH to cold storage for long-term holding, reflecting confidence…
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Key Takeaways: ETH is likely to see a bullish momentum in the medium run based on the data from options. Large investors’ caution signals potential downside risks in the near…
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Crypto Currency
BTC Bull Token Emerges as One of the Prominent Meme Coins to Buy as ICO Sees Blistering Start – CryptoNinjas
Bitcoin ($BTC) continues to gain momentum as GameStop is reportedly exploring BTC and digital asset investments, while BTC Bull Token ($BTCBULL) crossed $1.3 million in its launch week. BTC Bull…
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Crypto Currency
Coinbase Has $420B in Assets Under Management, Surpassing the 21st Largest US Bank – CryptoNinjas
Key Takeaways: With an AUM of $420 billion, Coinbase is one of the most significant players in the financial market. CEO Brian Armstrong envisions a future where crypto platforms streamline…
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Key Takeaways: U.S. states, such as Kentucky and Missouri, are now looking into Bitcoins as an alternative reserve asset. The states aim to hedge against inflation and embrace technological innovation.…