Category Archives: Blockchain

SynFutures launches Perp Launchpad with $1m grant for new tokens

SynFutures launches Perp Launchpad with $1m grant for new tokens

SynFutures, a decentralized derivatives trading platform, has unveiled its Perp Launchpad, a new initiative designed to help crypto projects create perpetual futures markets. The launchpad aims to expand trading opportunities for lesser-known tokens, providing users with more ways to interact with a diverse range of digital assets, according to a SynFutures press release. Unlike traditional […]

The exSat Network, built on the Bitcoin blockchain, has officially launched its staking services.

The exSat Network, built on the Bitcoin blockchain, has officially launched its staking services.

Bitcoin-based scaling solution exSat Network has launched staking services less than two weeks after its mainnet went live. The Singapore-based startup announced on Nov. 5 that it is now offering staking opportunities for Bitcoin (BTC) holders, aiming to create “new financial opportunities” within the ecosystem. According to a press release shared with Pinetbox.com , the […]

Moonwell’s price has dropped, but cryptocurrency experts anticipate a rebound for WELL in the near future.

Moonwell's price has dropped, but cryptocurrency experts anticipate a rebound for WELL in the near future.

Moonwell, the third-largest decentralized lending platform on the Base blockchain, has seen a sharp decline in the value of its WELL token, erasing gains made in October. The token dropped to $0.07113, its lowest level since Oct. 25, marking a 36% decrease from its all-time high. Despite this drop, Moonwell’s market capitalization still stands at […]

XRP price is climbing as analysts predict a major bullish rally for Ripple in the near future.

XRP price is climbing as analysts predict a major bullish rally for Ripple in the near future

XRP’s price gained momentum over two consecutive days as traders looked ahead to the highly anticipated U.S. election, which could have major implications for Ripple. On Nov. 5, XRP reached an intraday high of $0.52, marking a 5% increase from its lowest point this month. Despite this, the token remains in a local bear market, […]

Metaplanet Added to CoinShares Blockchain Global Equity Index

Metaplanet Added to CoinShares Blockchain Global Equity Index

In a significant move for the Japanese investment firm, Metaplanet has been included in CoinShares’ Blockchain Global Equity Index, known as the BLOCK Index, for the first time. This marks Metaplanet’s first inclusion in a globally recognized equity index and highlights the firm’s growing influence in the blockchain and cryptocurrency space. According to a press […]

Whales are offloading Aave in a massive selloff: will the altcoin withstand the pressure?

Aave has been experiencing significant selling pressure recently, with large whales seemingly leading the charge in offloading their holdings. Over the past five days, Aave (AAVE) has seen a steady decline, with the price dropping approximately 14% from its local high of $158 at the end of October to around $129 at the time of […]

Polymarket Faces Scrutiny Over Election Betting Ads Despite U.S. Trading Ban

Polymarket Faces Scrutiny Over Election Betting Ads Despite U.S. Trading Ban

Polymarket, a platform known for offering decentralized prediction markets, has come under scrutiny for promoting election betting via U.S.-based influencers, despite a federal ban preventing American users from placing bets on the platform. According to a Bloomberg report, Polymarket reached out to U.S.-based social media influencers in September to help drive awareness of its election-related […]

BTC ETFs Record Second-Largest Outflows Amid Market-Wide FUD

BTC ETFs Record Second-Largest Outflows Amid Market-Wide FUD

On November 4, U.S.-based spot Bitcoin (BTC) exchange-traded funds (ETFs) saw their second-largest net outflows on record, totaling $541.1 million. This follows the largest outflow from May 1, which reached $563.7 million. Here’s a breakdown of the outflows: Fidelity’s FBTC and ARK 21Shares’ ARKB both saw significant outflows, totaling $169.6 million and $138.3 million, respectively. […]

Whales invest $2.35m in FWOG as the meme coin hits all-time high

Whales invest $2.35m in FWOG as the meme coin hits all-time high

Whales have begun accumulating FWOG, a frog-themed meme coin that was launched just four months ago, driving its price to a new all-time high. In the last 24 hours, FWOG surged by 21%, reaching $0.369 and pushing its market capitalization above $350 million for the first time. This made it the top-performing asset among the […]