A well-known cryptocurrency trader and expert has recently made a bold prediction regarding Ethereum (ETH). This forecast has caught the attention of the cryptocurrency community, suggesting that ETH is on the verge of a significant rally to unprecedented heights. The analyst has set a target price for Ethereum at $5,300, indicating a bullish outlook for
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The Financial Innovation and Technology for the 21st Century (FIT21) Act has been a subject of significant debate and controversy within the cryptocurrency industry. Despite being hailed for providing regulatory clarity, the Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has expressed strong opposition to the bill, citing concerns about its potential
QORPO Game Studio has recently launched Citizen Conflict Alpha 5, the latest update to their free-to-play FPS game developed in Unreal Engine 5. One of the most significant additions to this update is the introduction of a play-to-earn (P2E) campaign. Players now have the opportunity to earn up to 300,000 QORPO tokens while playing the
Uniswap Labs has recently issued a bold response to the SEC’s Wells notice, pushing back against the agency’s attempts to regulate decentralized finance (DeFi). In a blog post dated May 20, the company expressed confidence in its position and readiness to defend itself if faced with litigation. Uniswap Labs firmly believes that the SEC’s focus
Institutional investors are showing a growing interest in Bitcoin, with investment funds related to the cryptocurrency experiencing a surge in inflows. This spike in investment signals a bullish sentiment among these investors, potentially leading to a Bitcoin rally up to $80,000. The recent influx of investments into Bitcoin investment products is attributed to an unexpected
In the midst of this year’s presidential election, the cryptocurrency market has seen a surge in popularity for Donald Trump tokens, particularly in the DEX markets. One standout token that has recently gained momentum is a Solana meme coin known as ‘Super Trump’. This coin has quickly risen to the top of meme coin markets,
Despite Bitcoin’s recent surge above $70,000, gold bug Peter Schiff continues his critique of the cryptocurrency. Schiff’s latest warning comes amidst discussions about the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC). Spot ETFs have been a major topic in the cryptocurrency industry this year, especially after the US
In the world of cryptocurrency trading, the past 24 hours have been particularly brutal for short traders who were betting on prices dropping. Over $330 million has been liquidated from the market, with the majority of this coming from short positions. More than 78,000 traders have witnessed their positions being liquidated, resulting in massive losses.
Recently, Gala Game, a Web3 gaming project, fell victim to a security breach conducted by an unknown attacker. This attacker, believed to be a compromised or rogue admin address, managed to mint a staggering 5 Billion GALA tokens, equating to a value of over $200 million. The aftermath of this exploit led to the unauthorized
Polimec, a newly launched decentralized funding protocol on the Polkadot network, is set to revolutionize the way Web3 projects raise capital and issue tokens. Offering a transparent and regulatory-compliant environment, Polimec aims to connect investors and startups globally, fostering innovation in decentralized initiatives. Polimec enables emerging Web3 projects, particularly those focused on the Polkadot ecosystem,
