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Showing posts from June, 2023

KYC Requirements for Users Announced by KuCoin Crypto Exchange

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  The commencement of Know-Your-Customers (KYC) authentication procedures for its users has been announced by cryptocurrency exchange KuCoin. Beginning on July 15th, all users will be subject to the newly integrated procedure.  KuCoin CEO Johnny Lyu stated in an interview with The Block that the choice was made to "better comply with applicable regulatory requirements." Additionally, all clients will be required to comply with the requirements, which must be fully satisfied before receiving full access to the exchange. KYC requirements are implemented by KuCoin In recent months, there has been a significant change in the regulatory environment around the digital asset market. In fact, several nations are adjusting the way they handle the sector. establishing a reflection of their own position on its presence within their particular borders after that. With effect from July 15th, cryptocurrency exchange KuCoin will implement new KYC criteria for its users. As the industry cont

DeFi: Whale Purchases $13 Million in AAVE Tokens, 35% Price Increase

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  DeFi cryptocurrency AAVE has managed to record a 35% surge as the overall market consolidates. The asset increased from its daily low of $56.95 to $76.9 in just under 12 hours. However, its 35% surge shortly fizzled out, and AAVE began retracing. The cryptocurrency is currently trading at $64.63, down 16% from its top. A specific whale amassed 182,152 AAVE tokens, roughly worth $13.2 million from exchanges via several addresses during the course of the previous day, according to Lookonchain data. After all the "in" transactions, the whale's wallet contained 399,585 AAVE, or a balance of $29 million. However, the whale only just now began to sell tokens a few hours ago. Etherscan's on-chain data shows that the major participant 'out'ed' about 38,000 AAVE tokens. In retrospect, different addresses were used to send these tokens to exchangers. Justin Sun, the founder of Tron, just completed a significant AAVE deal in addition to the whale. The executive jus

"Pre-launch Milestone : Hustlers Helping Hustlers Surpasses 200 Members, Partners with Chinese Crypto Community, and Reveals HHH Metaverse Sneak Peek"

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  Introduction In the fast-paced world of cryptocurrencies and blockchain technology, collaboration and support play a crucial role in driving innovation and growth. Among the projects making waves in this space is "Hustlers Helping Hustlers" (HHH), a dynamic initiative that aims to create a thriving ecosystem where crypto enthusiasts can come together, share knowledge, and empower each other. Although HHH has not yet launched, the project has achieved significant milestones, including amassing over 200 organic members in its Telegram community, forging strategic partnerships with Chinese crypto communities, and unveiling an exciting sneak peek of the HHH Metaverse. Let's dive into this remarkable project and explore how it embodies the spirit of collaboration and collective progress. Building a Thriving Community Despite being in its pre-launch phase, Hustlers Helping Hustlers has managed to attract over 200 organic members in its Telegram community. This accomplishment

Binance.US: Resolution of the USD withdrawals issue provides short-term relief

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A well-known cryptocurrency exchange called Binance has recently come under further regulatory investigation in the United States. The decision to prohibit dollar deposits was made by the exchange because it is currently engaged in a legal battle with the Securities and Exchange Commission (SEC). Indicators of a potential slowdown in withdrawals were also present. Nevertheless, the withdrawal problem with Binance.US has been fixed, and the site is now working. On June 22, the exchange published an update assuring its users that there are no current issues with the system. The update states that USD withdrawal requests should be completed in the customary five business days. The exchange's banking partners are said to have worked together to find a resolution. However, it is crucial to note that this remedy might not be long-lasting, meaning “we expect our banking partners to discontinue that service in the near future.” Additionally, Binance.US has urged users who have had unsucces

Here's Why Ethereum May Struggle to Reach $2000

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  Ethereum [ETH] joined the bullish bandwagon like the rest of the market. The asset had flawless growth. At the time of publication, ETH was trading for $1,906 after a daily increase of 5.3%. Before experiencing a decline, the asset managed to hit a peak of $1,928. The rising surge was evident on the Ethereum four-hour price chart. The altcoin showed a strong bullish sentiment despite the low trading volume. The MACD indicator confirmed this. Earlier this week, the MACD line crossed the signal line in a bullish crossover. This suggested that Ethereum might maintain its upward trend in tandem with the bullish market mood. Reaching $2,000 now that the asset has surpassed the $1,900 mark appears possible. But there are a few challenges that can make Ethereum's path difficult. Exchange deposits for Ethereum are still increasing. The year 2022 turned out to be difficult for the whole crypto sector. But it was especially crucial for the Ethereum network, which recently underwent a major

HHH3: "Hustlers Helping Hustlers" Unveils Exciting Sneak Peek of NFT Collection - "The Ape," "The Bull," and "The Bear"

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  Introduction: HHH3, an innovative crypto project dedicated to empowering individuals in the hustle culture, has taken the digital world by storm with the release of a sneak peek of their highly anticipated NFT collection. Aptly named "The Ape," "The Bull," and "The Bear," these unique digital assets are poised to captivate both crypto enthusiasts and art aficionados alike. With their creative vision and commitment to empowering hustlers, HHH3 aims to revolutionize the NFT landscape while fostering a sense of community among its participants. The Ape: A Symbol of Strength and Resilience At the heart of HHH3's NFT collection stands "The Ape," an emblematic representation of strength and resilience. Crafted with meticulous attention to detail, this digital artwork encapsulates the indomitable spirit of hustlers worldwide. Inspired by the relentless pursuit of success, the Ape NFT embodies the tenacity required to overcome obstacles in the face

Introducing Black Tigress Coin: The Ferocious Digital Asset Roars into the Crypto World

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  In a groundbreaking move, the most powerful female tiger on the planet has made its transition into the digital realm, taking the form of a Binance Smart Chain (BSC) cryptocurrency asset. Black Tigress Coin has arrived, and its entrance into the crypto world has already sent shockwaves through the community, reaching an all-time high (ATH) of $45,000 just a few hours after its launch. The concept behind Black Tigress Coin is both fascinating and intriguing. This unique crypto asset draws inspiration from the strength, grace, and ferocity of the tigress, a symbol of power and dominance in the animal kingdom. By harnessing these characteristics, Black Tigress Coin aims to establish itself as a force to be reckoned with in the digital landscape. The launch of Black Tigress Coin represents a significant milestone in the world of cryptocurrencies. While the crypto market is predominantly male-dominated, this new asset aims to break barriers by emphasizing the strength and influence of a f

Introducing HHH3: Hustlers Helping Hustlers - A Revolutionary Crypto Project for the Ambitious

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  Are you tired of being rug-pulled and scammed in the world of cryptocurrencies? Do you long for a community that truly supports and empowers its members? Look no further! HHH3 (Hustlers Helping Hustlers) is here to revolutionize the crypto space with its unique approach to rewarding and assisting fellow hustlers. HHH3 is built on the Binance Smart Chain (BSC), leveraging its speed, efficiency, and low transaction fees to create a seamless user experience. It is more than just a cryptocurrency; it is a movement designed to foster a community of like-minded individuals who are dedicated to achieving financial success through crypto investments. What sets HHH3 apart from other projects is its commitment to rewarding its holders. With a 5% USDT rewards system, every transaction grants a 5% return in USDT to the holders. This innovative feature ensures that the community members are continually incentivized for their loyalty and investment in HHH3. But that's not all - HHH3 goes a ste

What You Need to Know About Coinbase Buy Back

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  The well-known bitcoin trading firm Coinbase has disclosed a buyback of its 2026 0.50% convertible senior notes. With this action, Coinbase hopes to improve its financial standing and take advantage of its strong first-quarter results. In this thorough guide, we'll delve into the specifics of the Coinbase buyback, consider the consequences for investors, and offer insightful analysis of the platform's overall dependability and security. Recognizing Coinbase Before getting into the mechanics of the repurchase, let's first take a time to explore Coinbase's mission and vision. Leading cryptocurrency exchange Coinbase enables customers to purchase, sell, store, and exchange a variety of digital assets, including well-known coins like Bitcoin and Ethereum. Millions of bitcoin aficionados worldwide now use Coinbase as their preferred platform because to its user-friendly layout, prompt withdrawals, and strong security features. The Buyback on Coinbase Next, let's examin

ByBit's cryptocurrency exchange integrates ChatGPT to help traders

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  The euphoria surrounding artificial intelligence [AI] is far from over. Financial organizations from various industries have been utilizing the technology. In fact, cryptocurrency businesses have also checked this box. Bitcoin exchange ByBit has made known that an AI tool is being incorporated into their trading platform. The analysis of market data will be automated thanks to this ChatGPT-based connection. For context, let's look at ChatGPT, a chatbot created by the startup OpenAI. It became available in November of last year. ToolsGPT is the name of the new functionality, per the official statement. The AI chatbot may assist customers specifically with "technical analysis, backtested price data, and other essential metrics." Ben Zhou, CEO of Bybit, commented on the news and said, “By integrating ChatGPT into Bybit Tools, we are able to give users more comprehensive information when making their decisions. ToolsGPT is a testament to our commitment to empowering traders

Chainlink Whales Purchase $20,000,000 LINK in Just 7 Days

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  The cryptocurrency market has recently experienced increased volatility. Although the present levels are considerably below the peaks seen in January and March of this year, significant progress has been achieved during the past few days. In fact, a number of macroeconomic-related events are scheduled this week, which is predicted to increase volatility. Oracles for Chainlink Volatility Now, Chainlink is developing volatility oracles in such a setting. The increased need for both realized and implied volatility statistics (RV, IV) is noted in a recent blog article. The developer community has been working on two new product solutions, one for each type, based on the same. On multiple testnets, they are currently conducting experiments. Several Chainlink node operators in an Oracle network will fetch the RV data that data providers have calculated. After that, information will be compiled into an Oracle report that has been aggregated and published on-chain for DeFi applications to co

The 'Largest' Ethereum Outflow Since the Merger: $35.6 Million Withdrew

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  The crypto ecosystem has seen money outflow rather than inflow due to a number of unfavorable circumstances. The SEC has recently filed cases, which have further harmed community sentiment. Even institutions have been being cautious, leaving aside retail. Cryptocurrency and other associated digital asset investment products had outflows of $88 million over the previous week. As a result, the string of negative flows has resumed, and the outflows over the previous eight weeks have increased to $417 million. The recent weekly report from CoinShares claims that the uncertainty around interest rate hikes has been a major factor in shaping institutional behavior. The study specifically mentioned, “We believe that this is monetary policy related, with currently no clear end in sight to interest rate rises, leaving investors cautious.“ Bitcoin saw the biggest outflow on the personal front. $51.6 million was sucked out of the ecosystem in the last week alone. On the other hand, altcoins expe

Bitcoin watchdog Crypto talkshow Episode 1

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Theme: Demisfying crypto jobs 1.0 Topic: Can an introvert become a successful community moderator? Speaker: The chart queen Twitter Audience : 10 participants Listen here

Bitcoin Watchdog is excited to announce partnership with Kekecoin.

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  KEKECOIN MISSION We know who are the average traders, cause we are like you guys.  We all have been looking for the real moonshot then when it comes it happens we were at work, walking the dog, taking a nap or just distracted talking to somebody for 1 min.  Then u buy it dumps u sell it pumps u get rekt and when u dont have funds another 1000x gem launches in front of your eyes!  Shit happens, but damn it shouldnt be all the time, right? So that's why we are here, KEKE,  Your last chance to moon after u missed all degen moonshots and felt like KEK. WE WANT YOU ALL ON BOARD! TELEGRAM . •|•  WEBSITE    •|•    TESTNET TWITTER .  •|•  TIKTOK

The SEC labels Binance an illegal business and forbids its activity in Nigeria.

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  The website run by Binance Nigeria Limited has caught the attention of the Securities and Exchange Commission (the Commission), which is encouraging the Nigerian public to trade cryptocurrencies on its various web and mobile-enabled platforms. Because the Commission neither registered nor oversaw Binance Nigeria Limited, its operations in Nigeria are prohibited. Dealings between investors and the entity are at the risk of the investor. The Commission, the regulatory body with the legal responsibility for investor safety, warns Nigerians against investing in cryptocurrencies and financial products and services related to them if the service provider or its platform is not registered with or governed by the Commission. The following is a warning to Nigerian investors that trading in cryptocurrencies is extremely dangerous and could result in the complete loss of their investment. Binance Nigeria Limited is hereby ordered to immediately cease soliciting Nigerian investors in any way by

Is DOGE still alive?

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  What Caused Doge's Rise and Fall? Is the Meme Cryptocurrency Dead? Do you believe DOGE is deceased? It's not just you. Cryptocurrencies have been around for a time, and many more have developed as a result of the rising fame of Bitcoin and Ethereum. Dogecoin is the name of one of them. As a joke that was first introduced in 2013, Dogecoin has since become one of the most talked-about cryptocurrencies available. This article will assess Dogecoin's present situation and attempt to provide an answer to the frequently asked topic, "Is Dogecoin officially dead?" How does Dogecoin operate and what is it? A cryptocurrency called Dogecoin was developed in 2013 by programmers Billy Markus and Jackson Palmer. Based on the well-known Shiba Inu dog internet meme, it was made as a joke. But what began as a joke quickly evolved into a serious undertaking. Dogecoin operates decentralized and is not under the control of a single entity, using the same technology as Bitcoin and

Wrapped Bitcoin (WBTC) – what is it?

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  101: An Overview of Wrapped Bitcoin and Its Benefits The way we view conventional finance has been completely transformed by cryptocurrencies. This revolution has been led by Bitcoin in particular, which served as the model for subsequent cryptocurrencies. However, it becomes clear that there are still some restrictions as more people become involved in the cryptocurrency ecosystem. For instance, the Ethereum network does not support Bitcoin. We now have Wrapped Bitcoin (WBTC), a technology that aims to unify Bitcoin and Ethereum. We shall examine what WBTC is, its benefits, and its operation in this article. WBTC stands for wrapped bitcoin. A sort of token with Bitcoin as its backing is called wrapped bitcoin. It is an ERC-20 token with a 1:1 correlation to the price of Bitcoin. In other words, a certain amount of Bitcoin is kept in reserve for each WBTC token that is generated. WBTC coins are usable on the Ethereum network and function with all Ethereum-based programs, such as loan

Binance.US halts USD deposits after SEC complaint

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  Law enforcement has been closely monitoring the cryptocurrency industry. The most recent legal action brought by the Securities and Exchange Commission against Binance and Coinbase has had a significant effect on the cryptocurrency market. The largest exchange in the world's U.S. division, Binance.US, has decided to halt U.S. dollar [USD] deposits due to the continuing legal dispute. In a statement, Binance.US stated that as of June 13, 2023, none of its financial partners would process payments for use in the United States. The suspension of USD deposits will begin on June 9, according to Binance.US. The following week will see the delisting of USD trading pairs. The exchange will still support trading pairs that involve USDT, though. Additionally, users of Binance.US have been made aware that any outstanding USD balances on the exchange may be converted into a stablecoin and then withdrawn on-chain. Other services like trading, staking, deposits, and withdrawals will be availab

Kraken resolves gateway issues following a temporary withdrawal delay

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Users were facing delays in deposits and withdrawals due to a problem with crypto financing gateways, including BTC, ETH, and ERC-20, according to major crypto exchange Kraken. Kraken, a cryptocurrency exchange, stated that it looked into a problem with various crypto financing gateways, including significant ones like Bitcoin BTC. NASDAQ down $25,898 Ethereum ETH tickers $1,828 lower and ERC-20, which brought about delays in operations. Deposits and withdrawals are temporarily delayed, according to the status page for Kraken on June 6. Any updates will be sent as soon as we can. Around 7:44 AM UTC, the first notice of the delayed deposits and withdrawals was posted. It then provided two updates at 8:06 and 8:13 UTC stating that it was still "working on a fix" for the problem. What was causing the problem was not made obvious on the status page. The status page reverted to normal as of 8:35 am UTC, removing all updates regarding the delays and problems. Cointelegraph has cont

Coinbase Falls 9% Following Binance Lawsuit: Business Calls for "Clear" Crypto Regulation

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  A day back, the SEC filed a complaint against crypto exchange Binance. The regulator specifically filed a lawsuit against the business and executive Changpeng Zhao for breaking securities laws. The exchange was also accused by the authority of improperly handling customer funds. Furthermore, it has also argued that the defendants have been lying to authorities and investors regarding its operations.  Binance’s BNB was one of the hardest hit victims. Yesterday, it decreased all the way to $272 from a daily high of $305. The majority of other large and mid-cap cryptos did the same. It is well known that Binance has the highest volume of any exchange worldwide. Coinbase continues to stand. Each day, both exchanges settle billions in volume. Unsurprisingly, the lawsuit development led to another loss for Coinbase's stock. Yesterday, it experienced a significant 9.05% decline and closed at $58.71. The overall stock market was fairly steady. For contrast, the Nasdaq Composite Index plu

AMA with Keke coin

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 In todays episode, @apollomoon2 covered all about the KEKE voin ecosystem. He discussed on the tokenomics, security, marketing, partnerships, the Team (experience, past projects, connections, and overall skillset). He also covered the revenue system in place to continuously develop the project, and how the team is creating other sources to generate funds. If you missed this session, definitely you missed alot. KEKE has done over 35x since it's launch, and the team is marketing, and strategically going to push it over x1000. Best time to buy was yesterday, second best time is now. See you at the upside. Listen here

Exciting Partnership Announcement: Joining Forces with ZALE'S EXCHANGE, a Trusted P2P Trader!

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  Dear valued customers and community, We are thrilled to share some exciting news with you all today! It is our utmost pleasure to announce that we have formed a strategic partnership with ZALE'S EXCHANGE, a renowned and trusted peer-to-peer (P2P) trading platform. Together, we aim to revolutionize the way you engage in P2P trading and bring you even more convenience, security, and opportunities. At Bitcoin watchdog, we have always been committed to providing you with the best possible trading experience, and this partnership takes us a step further toward achieving that goal. ZALE'S EXCHANGE is widely recognized for its exceptional track record, commitment to user satisfaction, and innovative approach to P2P trading. By joining forces, we are combining our strengths and expertise to bring you a truly remarkable trading experience. Here's what you can expect from our partnership: Enhanced Security: We understand the importance of trust and security when it comes to P2P tra

67% of newly issued NFTs for Ethereum are profitable

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  According to a recent Nansen analysis, 67% of the new NFTs created on Ethereum last month are currently lucrative. Well, this would appear to be a good development, but there's a problem. The blockchain data and research platform tweeted, "Zooming out and illuminating the overall picture, “New NFT mints have been on a decline since summer, with NFTs minted in May being 65% lower than that in April, AND the lowest it’s been since June ’21.” The percentage of new mints that are profitable is often higher in the first month whenever a new collection is minted. However, as shown below, that begins to decline after a few months. macroeconomic situation in the NFT market The mint decline often indicates that consumers are now staying away from the NFT sector. Even secondary sales are declining, in fact. Dune Analytics data shows a decline in the number of monthly active traders on platforms like OpenSea. The number decreased by more than half, to 149.4k, in May from January's

Bitcoin Accumulation Leads by Binance, Bitfinex, with Coinbase Following

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  The undisputed leader among crypto assets is Bitcoin [BTC], which has captured the attention of investors, traders, and enthusiasts all around the world. BTC's demand has increased as it has evolved from being related to the dark web to being seen as a possible substitute for the US dollar. As a result, Bitcoin investments on multiple exchanges have significantly increased. According to a new research by Glassnode, the quantity of Bitcoin held on the three major exchanges has been gradually growing over the last three years. But which exchange contains the most Bitcoins? Glassnode stats show that Binance is now clearly in the lead when it comes to accumulating Bitcoin. Over the last three years, there has been a significant increase of 421,000 BTC on the market. The overall Bitcoin balance on Binance has increased dramatically, reaching 703,000 BTC. Following closely following, Bitfinex increased its BTC balance by 250,000 BTC, securing the second spot in terms of accumulation. A

The Fusion of Fashion and Gaming by Nike and EA Sports

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  The digital arm of the sportswear giant Nike and the video game juggernaut EA Sports have joined up to introduce immersive experiences through.SWOOSH NFTs, paving the way for uncharted customisation spheres. Position of SWOOSH NFTs in EA Sports Games A potent synergy exists between EA Sports' gaming prowess and Nike's fashion knowledge. Together, the two industry titans are getting ready to deploy cutting-edge products and blockchain technology to redefine the limits of fashion and gaming. The EA Sports ecosystem will soon have additional customisation choices that will allow all.SWOOSH NFT holders to display their identities. However,.SWOOSH itself asserts that "only time will tell" in regards to gaming elements: Despite the paucity of revealed information, gamers and fans of fashion are already anticipating the individualized digital interactions. Nike's Web3 Initiative The debut of Nike's.SWOOSH platform's first-ever NFT footwear line has garnered med

Estimated Ethereum price for June 2023

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  A decentralized, open-source blockchain is called Ethereum. It uses Ether (ETH), a coin all its own. What does a June 2023 price forecast for Ethereum and its native cryptocurrency look like? ETH is currently worth $1,896.31 according to CoinMarketCap. After a robust April, the price of Ethereum fell during the entire month of May, trading mostly in the negative. However, ETH has now experienced a resurgence after briefly trading in the low $1,800 level and even lower. Here is our forecast for the price of Ethereum in June, as well as how ETH would look at the end of the month. Price forecast for Ethereum (ETH) in June 2023 The fact that Lido now permits ETH withdrawals on its staking platform has contributed to the recent increase in the price of ETH. Towards the end of May, ETH climbed back up to the upper $1,800 range and occasionally even above $1,900. With the launch of the Shapella update earlier this year and the addition of new withdrawals on the Lido staking platform, it is

Keke Coin Set to Release Testnet: A Promising Newcomer in the Crypto Market

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 In a dynamic and ever-expanding crypto market, new digital currencies are continually emerging, each aiming to bring innovative solutions and opportunities to investors. One such newcomer is Keke Coin, which has quickly gained traction since its launch a mere six days ago. With an impressive market cap of over 18k, Keke Coin has piqued the interest of investors and crypto enthusiasts alike. As it prepares to release its Testnet, Keke Coin is poised to make its mark on the industry, operating under the esteemed Binance Smart Chain (BSC). Keke Coin: A Brief Overview Keke Coin, despite its relatively short existence, has managed to create a buzz within the crypto community. This digital currency aims to establish itself as a reliable and efficient means of exchange, providing users with a seamless and secure transaction experience. Powered by the Binance Smart Chain, Keke Coin benefits from the scalability, interoperability, and low transaction fees associated with the BSC ecosystem. The

Institutional Bitcoin and Ether Futures Will Be Available on the Coinbase Derivatives Exchange

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  Beginning June 5, institutional clients can purchase tracked futures for bitcoin (BTC) and ether (ETH) through Coinbase Derivatives Exchange, the company's regulated futures platform. In response to rising institutional demand following the release of its nano Bitcoin (BIT) and nano Ether (ETI) contracts last year, Coinbase claimed it developed these products. Institutional traders can use the BTI and ETI futures contracts, which have contract sizes of 1 bitcoin and 10 ether, respectively, and are settled in US dollars monthly, to hedge market bets, express long-term market views, or incorporate the products into sophisticated trading methods. BTI and ETI have a notional value of $30,000 and $20,000, respectively, at the present values. Although these costs had not been specified as of Friday, Coinbase said that BTC and ETI are available at "significantly lower fees" than comparable traditional products.

The lowest Solana retention rate among Ethereum and Polygon

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  The scenery of Solana is still changing. DEXs and NFT marketplaces took the lead early. But it appears that "emerging consumer applications" are taking center stage right now. In support of this, a recent Messari study showed that “The rise of gateway interactions from gaming applications and the introduction of new consumer platforms indicate a changing user preference.” Consumer apps have been successful in gaining more than 1/10th of the user share during the last six months, as seen below. They currently control 28% of the ecosystem. Improvements have also been seen in other industries. They haven't been as intense as consumer platforms, though. Solana has, in fact, been successful in drawing in new users. But there is still a problem. Long-term user retention has not been a success for the network. Solana's retention curve has been dipping downward, as shown in the graph below. In actuality, it has the lowest rate among its contemporaries. However, some network

Binance Pay and Floki Inu Announce a Strategic Partnership

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  The beginning of Floki Inu's strategic relationship with Binance Pay was announced on Thursday, June 1. Through a marketing partnership with Binance Pay, this campaign aims to "boost" FLOKI acceptance. Users will receive cashback for their first purchase when they utilize FLOKI and the Binance Pay payment option to make a purchase of $1 or more from any qualifying Binance Marketplace merchant. It states in the announcement The campaign's duration is June 1 to June 30, 2023. The Floki team emphasized that this alliance "enhances" the usefulness of FLOKI as a payment token. Additionally, this marketing campaign with Binance Pay provides "extra, targeted exposure" for the Floki Inu project. FLOKI responds The crypto market had a really lackluster day on Thursday. The debt ceiling voting incident from yesterday succeeded in inciting pessimism within the society. The majority of large and mid-cap cryptos were trading in the red as a result. But one of

Millionaire Bitcoiner Discovered Dead after Going Missing for a Week

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  Co-founder of the referral-based cryptocurrency project ONFO coin Dr. John Forsyth went missing in Missouri on May 21. On May 30, Forsyth was regrettably found dead with what seemed to be a gunshot wound. Police, however, are not currently concerned about any potential wrongdoing. Forsyth was not only a promoter of cryptocurrencies but also a millionaire thanks to Bitcoin (BTC). Family members became concerned when Forsyth didn't show up for his shift at the Mercy Hospital in Cassville. Doctor of the emergency room, Forsyth. Soon after, his family put out a social media request for help locating him. The fact that the deceased Bitcoin (BTC) millionaire skipped a shift, according to Richard Forsyth, his younger brother, was "an immediate red flag." Authorities found Forsyth's car parked less than a mile from the hospital on May 28. It is yet unclear whether Forsyth's shooting was connected to his cryptocurrency holdings or whether it was a completely unrelated in

Singapore: Crypto.com obtains 'Major Payment Institution' license

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  Recently, a number of cryptocurrency exchanges have started growing. A few places that are drawing well-known corporations are Singapore, Hong Kong, and the United Arab Emirates. The Monetary Authority of Singapore has granted Crypto.com an MPI license, according to an announcement made on June 1st. The official statement emphasized, “With this license, Crypto.com can continue to extend its Digital Payment Token (DPT) services to customers in Singapore.” According to Kris Marszalek, CEO of Crypto.com, the central bank of Singapore is "recognized globally" as a regulator that "ensures responsible innovation of the digital assets sector." Added he, “We look forward to continuing to collaborate with MAS and leading at the forefront of crypto in our home market of Singapore.” The 'licensure milestone' for Crypto.com The Monetary Authority of Singapore had already granted in-principle approval to Crypto.com in June of last year. Several community members congra