Yuga Labs, creator of the Bored Ape Yacht Club, has proposed terminating the decentralized Apecoin DAO and transferring its assets to a new entity called Apeco to accelerate ecosystem growth. Apecoin DAO to Dissolve Under Yuga Labs Proposal Yuga Labs CEO Greg Solano has formally proposed sunsetting the Apecoin Decentralized Autonomous Organization (DAO), calling it … Read more
Key takeaways: Bitcoin (BTC) climbed toward $105,000 on June 6 after plunging to its lowest level in four weeks the previous day. Traders questioned whether the sharp decline had been coordinated, especially following reports that US President Trump and Chinese President Xi Jinping had resumed discussions over import tariffs. The reasons behind Bitcoin’s sudden drop … Read more
The Monetary Authority of Singapore (MAS) has introduced stringent licensing requirements that effectively restrict crypto firms from serving only foreign clients, signaling a significant regulatory shift in the region. This move aims to mitigate risks related to money laundering and regulatory oversight challenges posed by offshore crypto service providers. According to COINOTAG, MAS will “generally … Read more
Key takeaways P2P crypto lending lets you earn interest by lending digital assets directly to borrowers via CeFi or DeFi platforms. Smart contracts automate lending processes in DeFi, ensuring transparency, efficiency and algorithmic interest rates. Choosing the right platform requires evaluating factors like security, interest rates, loan terms and user experience. Risks include market volatility, … Read more
Most XRP community members do not believe the coin is capable of rising to a realistic target price of $10 in its lifetime. The community members expressed this view in a recent X poll conducted by seasoned crypto investor Dennis of Virtual Bacon. Final Results The poll, which was created recently, asked XRP community members … Read more
Opinion by: Phil Mataras, founder and chief executive officer at AR.io Let’s stop pretending that data just disappears. It doesn’t. It’s deleted, erased, buried and more often than not, done deliberately. Every time a new administration seizes power, priorities are reshuffled. This is to be expected, but what is unacceptable is the quiet, coordinated disappearance … Read more
It was a moment that echoed throughout the Bitcoin mining community in disbelief: on June 5, a solo miner using CKpool stunned the industry by completing block 899,826 and bringing home a reward of $330,386, while competing against the all-time highest network difficulty in Bitcoin history, no less. Bitcoin Miner Mines 899,826th Block In a … Read more
Key points: Bitcoin (BTC) passed $104,000 at the June 6 Wall Street open as strong US labor market data contrasted with fresh calls for interest-rate cuts. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin edges higher as Trump moves to Fed Data from Cointelegraph Markets Pro and TradingView showed BTC/USD up 2.5% on the day. Having recovered … Read more
The Ethereum (ETH) price experienced a significant decline on Thursday, falling over 7% and approaching the $2,400 mark. However, expert analysis suggests that a new bullish trend may soon emerge for the second-largest cryptocurrency. Key Metrics Indicate Accumulation By Larger Investors Market analyst Lark Davis took to social media platform X (formerly Twitter) to share … Read more
The crypto economy has shown modest signs of recovery since Thursday, though it remains 2.16% lower over the past 24 hours, hovering near the $3.25 trillion mark. Bitcoin, too, has been attempting a gradual climb, with bullish traders breaking through the $104,000 barrier. Crypto Swings Wild as Bitcoin Teeters Around $104K, Altcoins Record Bigger Wins … Read more