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Showing posts with the label cryptocurrency news

Crypto Asset BNB Surges After President Trump Pardons Binance Founder Changpeng Zhao

President Donald Trump has officially pardoned Changpeng Zhao, the billionaire founder of Binance known as CZ. The move erases Zhao’s 2023 conviction for anti-money laundering violations. Binance’s token BNB surged 15% to around $1,150 on the news. The full and unconditional pardon frees Zhao from further penalties after he served four months in prison and paid a $50 million fine. It also caps a fierce lobbying push by Binance, the world’s largest crypto exchange, amid Trump’s pro-crypto agenda. Zhao pleaded guilty to failing to maintain an effective anti-money laundering program at Binance, which enabled illicit activities including drug trafficking and terrorism financing. The exchange settled with the Justice Department for $4.3 billion, the largest penalty in crypto history. Zhao stepped down as CEO but retained majority ownership, and the pardon clears his path to potentially reclaim leadership and expand Binance in the US market. ...

Top 5 Altcoin Picks for the Current Crypto Dip – $ETH, $JASMY, $T1500, $PEPU, $PLAY

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As Bitcoin hovers around $51,000 amidst ongoing market turbulence, altcoins may drop further until the market stabilizes and cools off. However, this offers a great chance for investors to buy at discounted prices as the crypto market nears its next bull cycle. In this environment, savvy investors are turning their attention to promising altcoins and meme coins, viewing the current dip as an opportunity to build their portfolios. With prices lower than usual, it’s an ideal time to acquire assets that may see significant appreciation once the market recovers. As the crypto space braces for the next bull cycle, those who act now could benefit from substantial gains when the market rebounds. This article contains a list of top altcoin picks for the current crypto dip. Ethereum (ETH) Ethereum has been highlighted as a key asset to watch during the current market dip. Ethereum has demonstrated resilience, despite recent price fluctuations. Over the past month, $ETH has fluctuated b...

New Cryptocurrency Releases, Listings, & Presales Today – Ta-da, Three Protocol Token, Ring Protocol

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The launch of US Ether spot ETFs has renewed optimism among market participants. Although the broader crypto market has witnessed a decline, select tokens are on the increase. New cryptocurrency releases, listings, & presales today are gaining attention due to their current attractiveness investment opportunity. These tokens offer attractive opportunities due to their potential for substantial returns and low entry costs. InsideBitcoins helps in this exploration by curating such tokens offering insights into their Features , utilities, and market prospects. New Cryptocurrency Releases, Listings, and Presales Today WienerAI’s ($WAI) presale ends today, offering investors a last chance to engage before its market debut. Ta-da offers a strong solution for efficient, high-quality, and diverse data collection. Three Protocol decentralizes marketplaces to enhance e-commerce and real-world asset (RWA) inclusivity for unbanked crypto users and privacy-focused individuals.  R...

WazirX Faces Community Uproar Over “Socialized Loss” Strategy After $230M Hack

Embattled Indian cryptocurrency exchange WazirX is facing a backlash after proposing a “socialized loss strategy” following a hack that caused $230 million in losses.  The criticism erupted on July 27, when the exchange tabled a poll dubbed “ Withdrawal Management Programme: Opinion Poll ” with two options.  The first allows users to access 55% of their funds for trading without the ability to withdraw, but they receive priority during the recovery process.  The second option is for users to access 55% of their funds, with the ability to trade and withdraw, but they will receive secondary priority during the recovery process.  45% of the remaining funds will be converted to USDT before being locked.  WazirX Faces Community Backlash  The poll attracted severe criticism from the exchange’s users, with one saying that users should not be punished over the company’s lack of robust security controls.  “It was...

Crypto And NFT Gaming Platform Gala Games Launches Its GalaChain TestNet

Gala Games, a renowned blockchain gaming platform allowing players to earn crypto and non-fungible tokens through gameplay, has launched the test of the upcoming GalaChain blockchain network after several months of development. The GalaChain TestNet is now live for developers to deploy and test chain code in a secure environment. In a July 30 blog post, Gala Games confirmed that its upcoming GalaChain TestNet has gone live for developers to deploy and test its viability. Gala Games first announced its forthcoming GalaChain network in August 2023. At the time, the web3 gaming platform moved all its unsold and reserved NFTs to the new proprietary blockchain network. GalaChain TestNet is live! Developers can now deploy and test chaincode in a secure environment. Let’s build the future of blockchain together! https://t.co/qEWu5IbewA#GalaChain #Blockchain #DevCommunity — Gala Games (@GoGalaGames) July 29, 2024 What Is Gala Games? Launched in 2019, Gala Games is a blockcha...

Ne͏w Meme Co͏in͏s To Buy Now͏, Mo͏n͏day͏, ͏July ͏29 – ͏P͏e͏pe, Do͏gwif͏hat, Base͏ Dawg͏z, Brett (B͏ased)

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New me͏me coins ar͏e ͏pushing the b͏oun͏dari͏es o͏f what’͏s pos͏sible in the͏ cryptoc͏urrency s͏pace, ͏of͏ferin͏g inno͏v͏ative ͏ Features beyon͏d ͏simple token owner͏s͏hip.͏ Base Dawgz͏,͏ for in͏stance, is pione͏ering multi-͏chain͏ func͏tionalit͏y͏, allowing u͏s͏ers to navigate seamlessly acr͏oss differe͏nt blockchain net͏works. Oth͏er ͏projects, ͏like Bre͏t͏t (͏B͏as͏ed)͏, are tapping into͏ existing ͏fan ͏ba͏ses͏ and cultural͏ ͏phenome͏na to͏ ͏create unique ͏value pr͏opos͏itio͏ns. Despite their often͏ l͏ighthearted͏ origins, meme coins are increasingly being ͏take͏n͏ seriously by the b͏roader cryptocurrency co͏mmuni͏ty. Many͏ of these...

Magic Eden Outpaces OpenSea In Sales Volume – Becomes The Most Traded NFT Marketplace

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Magic Eden, one the leading cross-chain non-fungible token market platforms, has regained its initial dominance in the non-fungible token market, becoming the most traded NFT market platform in the past seven days. Below, we have listed the five top-traded NFT market platforms by weekly sales volume. 1. Magic Eden Tops In NFT Trading Sales This Week Data compiled by Tiexo.com, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that Magic Eden has risen in market ranking to become the most traded NFT marketplace in the NFT market. In the past seven days, the Magic Eden has recorded a trading sale volume of $29 million. Magic Eden, the leading market platform on Solana’s non-fungible token ecosystem, lost its glory a few weeks ago after the OpenSea NFT marketplace rose again to dominance. In an unexpected turn of events, the Magic Eden NFT marketplace is back to being the #1 NFT marketplace on all chains this week. 2. OpenSea ...

Bitcoin Price Prediction: BTC Soars 4% Ahead Of Donald Trump Speech At Bitcoin 2024 In Nashville And Traders Rush To Buy 99BTC Before It Lists

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The Bitcoin price jumped 4% in the last 24 hours to trade for $67,340 as of 07:23 a.m. EST. It comes amid hype around the Bitcoin 2024 Conference in Nashville, Tennessee, where several billionaires from different industries are lined up to speak. Republican ticket nominee and former US President Donald Trump is among them, featuring as the headline speaker. The #Bitcoin 2024 conference starts today in Nashville. The speakers' lineup is looking insane. 🔥 pic.twitter.com/98qdjaUVbB — Lark Davis (@TheCryptoLark) July 25, 2024 Trump set $844,600 (13.20 BTC) as the price for a roundtable at Nashville’s Bitcoin Conference in his own private event. Photos with Trump cost $60,000 per person, or $100,000 per couple, as a part of fundraising for his bid to become president. Absolutely nuts. At the #Bitcoin 2024 conference, Trump is holding a "roundtable" session prior to his remarks. To attend with him, it will cost $844K. If you don't want to do the roundt...

WienerAI’s Blockbuster Presale Ends In 5 Days: Don’t Miss Out

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With less than six days remaining, the window to get in early on WienerAI ($WAI) is closing fast.  Since its presale launched three months ago, this new meme coin has raised over $7 million as investors await in excitement for WienerAI’s groundbreaking integration of artificial intelligence and meme coins to introduce a new and powerful AI crypto trading chatbot that will simplify trading for everyone. WienerAI has set a final token price of $0.00073 for the remainder of its presale, so there is still time for would-be investors.  Waiting for post-presale would be a grave mistake, given the success of its presale, which suggests it has all the hallmarks of a winning meme coin.  Once $WAI is listed on major exchanges as planned, expect the presale price to soar beyond an average investor’s reach. Amid The Crypto Market Downturn, Savvy Investors Should Watch For Breakout Coins Like $WAI The entire crypto market...