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Four months after his prison sentence, Binance founder Changpeng Zhao (CZ) has made his first crypto investment through YZi Labs, backing blockchain platform Sign in a $16 million funding round. Sign will use new funding to help governments integrate blockchain solutions into their economies. The platform’s revenue skyrocketed from $1.7M in 2023 to $15M in…
The Tron developers are working on an update to ensure zero-fee stablecoins transactions in the near future. TRX price has been forming a bullish pennant flag amid the highly anticipated altseason. As Bitcoin price led the wider crypto market in a bearish outlook in the past two days, Tron , a top-tier layer one project…
Bonk, a Solana-based meme coin, is gaining attention amid rising whale support. A whale recently invested $4.29 million, accumulating 204 billion Bonk tokens. Fibonacci levels suggest over 100% upside potential for Bonk to $0.00008189. As Bitcoin creates a new Altima, the meme coin segment is on a bullish surge. The meme coin market cap has…
Tuttle Capital Management is the first firm to file for ten leveraged crypto ETFs at once.Leveraged ETFs use debt to amplify gains but come with higher risks, especially in crypto. Bloomberg’s Eric Balchunas suggests the SEC’s response to these filings will be crucial. Tuttle Capital Management, an investment advisory firm based in Riverside, Connecticut has…
Gate Ventures, an offshoot of Gate.io is betting big on the future of Web3. The VC outfit has invested $20 million into the BNB incubation Alliance. This funding will help onboard innovative builders in Web3. A Collaborative Vision for Blockchain Innovation Gate Ventures: A Catalyst for Web3 Growth
The number of applications with the SEC has increased 100% since Gary Gensler’s resignation took effect. There are now several applications for a wide range of assets, including meme coins like TRUMP and DOGE. An analyst suggests that Bitcoin will still receive most of the attention even if all submitted applications are approved. The number…
Key momentum metrics like upwards trending RSI signal growing buying pressure and potential bullish momentum for AI16Z. Additionally, the AI agent token’s positive funding rate of 0.011% reflects market optimism and strong demand. AI16Z could retest its all-time high of $2.50 if bullish momentum persists. Soon after the newly elected US President revealed $500 billion…
Web3.0 protocol has announced its plans to launch an IDO for its native token MNT. The IDO will kick off on January 21 and is priced at $0.1 per token. With the proceed, Mynth aims to establish a liquidity pool for MNT on DEXs. Mynth, a decentralized cross-chain protocol, is set to transform the (DeFi)…
Thailand is reportedly fueling a stablecoin innovation that will involve a bond reserve. The country has a pro-crypto stance, with top leaders exploring new options. Thailand’s Bitcoin ETF market remains a key focus to mimic related moves from other regions. Thailand is allegedly exploring the viability of stablecoins that government bonds would back in its…
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