Crypto News Center

Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And Others

George Town, Cayman Islands, July 22nd, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level security, today announced it raised a Mainnet funding round with participation from Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and prominent angel investors including the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, and more. With this new funding, Zircuit will...

Whales Snap Up 30 Million XRP As Ripple Launches Its RLUSD Stablecoin

XRP whales have been on a buying spree as blockchain payments company Ripple officially launched its dollar-backed stablecoin, RLUSD, on several global crypto exchanges this Tuesday.  The stablecoin is now available for trading on platforms Bitso, Uphold, CoinMENA, MoonPay, and Archax, with additional listings expected soon. Ripple RLUSD Stablecoin Launches Amid Price Volatility RLUSD is designed to maintain a stable value in line with the US dollar and is compatible...

South Korea crypto volume hit record $34 billion: Here’s why

Key takeaways On Tuesday, NYSE Arca filed a form on behalf of Grayscale Investments for a spot Solana ETF. iDEGEN’s pre-market auction has surpassed the $2 million mark/ Grayscale files for a spot Solana ETF NYSE Arca, the New York Stock Exchange’s exchange-traded product platform, filed a form for a spot Solana ETF on behalf of Grayscale Investments. The exchange filed a 19b-4 form on Tuesday for the Grayscale Solana...

Ethereum co-founder transfers 20,000 ETH to Kraken as price hits $3,600

Ethereum's price rally might encourage sales, yet Wilcke retains a large crypto reserve. Key Takeaways Jeffrey Wilcke transferred 20,000 ETH to Kraken on Nov. 28. Wilcke has sold a total of 44,300 ETH in 2024, maintaining a position of approximately 106,000 ETH. A wallet connected to Ethereum co-founder Jeffrey Wilcke moved 20,000 ETH worth $72.5 million to crypto exchange Kraken, according to data tracked by Arkham Intelligence. The transfer took...

Can Ethereum Classic’s Golden Cross take ETC’s price to $40?

Journalist Share this article ETC hit its highest price in over six months. It has continued to trend upward after hitting a critical price level. Ethereum Classic [ETC] is gaining attention after achieving a “Golden Cross,” a widely recognized bullish technical indicator. This milestone is often seen as a precursor to strong upward momentum. With ETC’s price momentum heating up, traders and analysts alike are debating whether this marks the...

BlockDAG’s $116M Presale Climbs with ‘BULLRUN100’ Promo – BNB & BCH Insights

BlockDAG’s $116M Presale is Breaking Records with the ‘BULLRUN100’ Bonus—Plus, the Big Move with Binance Coin & Bitcoin Cash What’s driving the excitement around BlockDAG’s presale in the cryptocurrency community? As the market matures, distinct assets like Binance Coin, Bitcoin Cash, and now BlockDAG are captivating various investor groups. BlockDAG recently garnered substantial interest by collecting over $116 million in its active presale, demonstrating market confidence in its innovative technology...

Chinese blockchain company SOS plans $50M Bitcoin purchase

SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Photo: Stock Titan Key Takeaways SOS Ltd. authorized a $50 million Bitcoin purchase reacting to record-high prices. Company aims to enhance competitiveness using quantitative trading strategies. SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS...

ADA Price Drops 18% In a Week But Cardano Remains in the Top 10 Ranking

Cardano (ADA) price continues to show volatility, maintaining its position among the top 10 largest cryptocurrencies by market cap despite being down over 18% in the last seven days. The recent downtrend has been marked by bearish technical indicators, including a death cross on its EMA lines and a weak position on the Ichimoku Cloud. However, some signs suggest that bearish momentum might be slowing, with ADA’s ADX showing a...

USDT vs. USDC: Will Circle’s plans help it give a boost over Tether?

contributor Posted: December 12, 2024 Share this article How close is USDC to competing more effectively against Tether’s USDT?  USDC could be on the verge of more growth courtesy of a deal between Circle and Binance. USD Coin [USDC] has undoubtedly lagged behind Tether [USDT] in terms of adoption in 2024, confirmation that the latter remained as the most popular stablecoin. But can Circle turn things around in favor of...

Bitcoin’s Road to $100k Faces Roadblocks, But Analysts Remain Confident

Bitcoin’s all-time high near US$100k sees resistance as the rally comes to a slow-down. MicroStrategy’s recent Bitcoin purchases contrast with fears of a large-scale sell-off due to the US government moving US$2 billion worth of Bitcoin to exchanges. A golden cross indicator suggests a significant market rally could occur by early 2025, driving Bitcoin towards new peaks. Bitcoin’s quest to US$100k is becoming an arduous one, at least if you’re...