The long-anticipated repayment of $10 billion worth of Bitcoin to Mt. Gox creditors is set to begin in July. While many fear this could lead to a flood of Bitcoin hitting the market, analysts suggest the impact may not be as severe as expected. Quick Take Analysts predict the schedule...
In the past 24 hours, the cryptocurrency market has experienced a significant downturn. Major tokens, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Solana (SOL), have all seen sharp declines. This market slide has led to over $150 million in bullish bets being liquidated. Quick ...
Blast is an Ethereum Layer 2 (L2) solution designed to offer native yield for ETH and stablecoins. Blast has confirmed an airdrop for early users, offering early investors and users an opportunity to earn BLAST tokens. Quick Take Blast L2 lets users earn 4% interest on ETH and 5% on s...
New data reveals that the daily average volume of Tether (USDT) on the TRON blockchain has surpassed that of Visa. Market intelligence firm Lookonchain reported that Tether's dollar-pegged digital asset over TRON reached a 24-hour trading volume of $53 billion. This figure represents a nearly 10% ri
Pantera Capital, an American investment firm, is reportedly preparing to raise funds for a new investment in Toncoin (TON). This follows Pantera's earlier significant investment in TON, marking one of its largest investments to date. Quick Take Pantera Capital is raising funds for a n...
Tokenized financial assets, once a futuristic concept, are on track to reach a market size of about $2 trillion by 2030, according to McKinsey & Company analysts. Despite a slower than anticipated start, the firm projects a significant uptick in tokenization, potentially doubling this market siz...
The UEFA European Championship, Euro 2024, hosted by Germany, is set to captivate football fans and crypto enthusiasts alike between June 14 and July 14, 2024. This year, the tournament has sparked a new wave of Euro Cup memecoins, blending the excitement of football with the crypto world. These tre
MicroStrategy, a Nasdaq-listed software firm, has made waves again by acquiring an additional 11,931 Bitcoin (BTC) for $786 million. This purchase boosts their total holdings to 226,331 BTC, valued at just under $15 billion at current prices. Michael Saylor, the company's Executive Chairman, continu
3iQ, a leading Canadian investment fund manager, has taken a significant step in the digital asset investment space. The company announced today that it has filed a prospectus with the Ontario Securities Commission (OSC) to launch North America's first publicly traded Solana exchange-traded product
The crypto world is buzzing with rumors about a new meme coin called TrumpCoin, also known as DJT. Allegations have surfaced that Barron Trump, with the approval of his father, Donald Trump, is behind this Solana-based memecoin. This claim has come from none other than Martin Shkreli, a controversia
Fetch.ai (FET) spearheaded a significant rally among AI-related cryptocurrencies, witnessing a rise of over 25%. This surge comes on the heels of Nvidia becoming the world's most valuable company, which has significantly influenced AI token markets. Quick Take FET price jumps by 25.39%, m...
Bitwise Asset Management has made a significant stride in the cryptocurrency space. The firm has proposed a new Ethereum exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC). This move aims to provide investors with direct exposure to Ethereum, reflecting Bitwise's confidence i
LayerZero Foundation is making waves in the crypto world with the launch of its highly anticipated ZRO token airdrop. Starting today, June 20, at 7 a.m. ET, eligible participants can claim their tokens, marking a significant milestone for the cross-chain interoperability platform. Quick Take&...
Toncoin's (TON) price has surged due to increased development activity on The Open Network (TON) blockchain and integration with Telegram. The recent listing of the $NOT coin and the launch of various crypto games in the TON ecosystem have further boosted its popularity and adoption. Quick Ta...
The ZKsync airdrop launched with significant fanfare, quickly seeing over 2.62 billion ZK tokens claimed, translating to approximately $630 million in value. Within the first ten hours, data from Dune Analytics revealed this remarkable uptake. Despite the enthusiasm, there remain 1.05 billion tokens
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