The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users. The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch…
Sui (SUI) is making a strong technical case for a 100% price rally in the coming weeks, helped further by a slew of optimistic updates, such as the recent Nasdaq ETF filing with the US Securities and Exchange Commission (SEC). Gooner EMA support raises 40% SUI bounce potential As of May 28, SUI has reclaimed…
Key takeaways: XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential. SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on Polymarket. XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an…
Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3. Cetus was exploited for over $220 million worth of digital assets on May 22. Shortly after the incident, Cetus managed to freeze $162 million of…
A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said…
Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process. The stock market’s May 23 19b-4 filing, which asks the SEC to list the 21Shares SUI ETF, follows 21Shares’ April 30 submission of its S-1 registration statement to…
Key takeaways: SharpLink Gaming establishes the first ETH treasury, backed by Ethereum co-founder Joe Lubin. SharpLink will invest $425 million to acquire 120,000 ETH. Ethereum futures open interest hits an all-time high of $36.1 billion, with ETH price climbing 4.5% on the daily chart. Nasdaq-listed SharpLink Gaming (SBET) announced a $425 million private investment in…
Investments in the fast-paced cryptocurrency market require real-time insights and efficient research. With thousands of projects emerging or disappearing, you need innovative ways to separate signal from noise. AI solutions such as ChatGPT and Grok could benefit you as your research assistant, reducing research time and delivering actionable information. This article discusses how to use…
Cryptocurrency mixers explained A cryptocurrency mixer is a specialized service designed to increase the privacy and anonymity of blockchain transactions. Unlike traditional financial transactions, which are private by default, most cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) operate on public blockchains. This means every transaction is permanently recorded and accessible to anyone, making it possible…
Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report…