Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
Prices for Litecoin, Dogecoin, Solana, and XRP are in the green after analysts James Seyffart and Eric Balchunas released their ETF approval odds. Litecoin, which was given a 90% chance of SEC approval, is leading the gains with a 12% hike, reflecting its highest chance for ETF approval. Analysts James Seyffart and Eric Balchunas have recently released their rankings on the likelihood of several altcoin exchange-traded funds receiving approval from the U.S. Securities and Exchange Commission. Following this development, Litecoin (LTC), ranked as the top contender for SEC approval, saw the biggest surge, rising 12% in the past 24 hours,…
Despite Bitcoin hitting a record high of $100,000 in Q4 2024, venture capital activity in crypto startups remained flat, with VC deal size down nearly 90% since 2018. PitchBook’s latest data reveals that the median size of venture capital deals in the crypto space has plummeted by nearly 90% since 2018, showing a shift in investor behavior. In a Feb. 10 research report, PitchBook’s senior venture capital reporter Michael Bodley noted that even with the rise in Bitcoin’s (BTC) value in Q4 2024, which traditionally drives more investment into the sector, VCs appear to be more selective. Crypto median VC…
Former South Korean lawmaker known for the Coin Gate scandal, Kim Nam-guk, has been declared ‘not guilty’ of all charges by court. According to a report from local media News1, a Seoul Southern District Court judge found Kim “not guilty” of all charges on his first trial. Kim was accused of misreporting his assets to the National Assembly in his attempt to hide the large profit he gained from cryptocurrency ahead of the crypto law changes. This news was known to the public as the “Coin Gate” scandal. Kim’s position as a South Korean government official gave him insider information…
Four.Meme has suffered a malicious attack, leading to a $183K loss and the temporary suspension of its token liquidity pool on PancakeSwap. Four.Meme, the Binance Smart Chain-based memecoin launch platform, has recently announced that it was hit by a malicious attack, prompting the temporary suspension of its token liquidity pool on PancakeSwap. The platform reassured users that internal funds are secure, unaffected by the exploit. Despite this, the attack resulted in the loss of approximately $183K worth of digital assets, according to blockchain security firm PeckShield. https://twitter.com/four_meme_/status/1889198796695044138 The Four.Meme’s exploit is just the latest in a string of incidents affecting…
Solayer’s native token, LAYER, is set to make its Binance debut on Feb. 11 accompanied by an airdrop event scheduled one hour before trading starts. According to a recent announcement, Binance users who have BNB subscribed to Simple Earn products from Feb. 1 to Feb. 5 stand a chance to gain LAYER token rewards from an airdrop distribution with an allocation of 30 million LAYER tokens or 3% of the total supply. The airdrop is scheduled to take place on Feb. 11, around one hour before trading starts. Solayer’s native token will be officially listed on Binance starting from Feb.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano and XRP regain momentum, BitLemons emerges as the next potential breakout token in GambleFi. As established cryptocurrencies like Cardano (ADA) and XRP demonstrate renewed strength, BitLemons (BLEM) looks to transform the GambleFi sector with its unique platform. Having secured $1 million in seed funding and comprehensive security audits, this project could change the $450 billion gaming industry. BitLemons next to surge While others focus on infrastructure development, BitLemons is already generating substantial revenue through its operational gaming…
Ethereum’s recent price decline suggests a potential rebound, with technical indicators hinting at oversold conditions. Ethereum’s (ETH) price has dropped to levels that usually signal it might be ready for a rebound, blockchain firm Matrixport says. In a Feb. 11 research note, the analysts pointed out that the Relative Strength Index is now showing signs of oversold conditions, which often point to a potential price recovery. Despite the positive technical signals, the mood around Ethereum remains cautious, to say the least. Short interest in Ethereum has surged by 500% since November 2024. On top of that, just in the past…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ripple strengthens its market position with regulatory improvements and growing adoption, Yeti Ouro emerges with smart gaming features and a deflationary token model. Ripple’s popularity is growing in the market. It is expected to soar to $10 in 2025 as its utility is increasing, regulations are improving, and it focuses on technology development. On the other hand, a new player, Yeti Ouro (YETIO), is gaining attention with its gaming features and focusing on reducing the supply of its…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse rises as the top new sports-fueled memecoin, earning accolades for its sustainable growth and strong community backing. The cryptocurrency market experienced an unexpected upheaval a few days ago when Ripple suffered a complete shutdown, leaving users unsettled. However, XRP has managed to climb back since then. Meanwhile, another digital currency, XYZ, is displaying remarkable strength and rapid growth. This project is drawing attention and sparking curiosity among investors. XYZVerse draws investor attention XYZVerse (XYZ) is redefining the meme…
Strategy executes its first Bitcoin purchase since rebrand and 2024 Q4 earnings report Business intelligence firm Strategy has allocated an additional $742.4 million to Bitcoin (BTC) after issuing more shares through its at-the-market stock program, according to a filing with the U.S. Securities and Exchange Commission. The company acquired 7,633 BTC for an average spot price of $97,255, increasing its total Bitcoin holdings to 478,740 tokens, valued at over $46 billion. While Strategy has spent $31.1 billion on its BTC acquisition plan since 2020, this marks the first time the company has purchased Bitcoin following its rebrand to “Strategy.” Last…