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We’re thrilled to announce our partnership with Zeeve , an esteemed Web3 infrastructure-as-a-service (IaaS) platform PR ovider. This strategic collaboration streamlines our MELD Node operation PR ocess, making it accessible and straightforward for our community. Zeeve’s ingenious platform allows for effortless onboarding of new Node operators for MELD, removing the requirement for complex coding or intensive technical undertakings. With a few simple clicks, operators can launch and manage their Nodes, marking a significant step forward in the democratization of Node operation in the MELD ecosystem. The integration of Zeeve’s platform wasn’t merely a plug-and-play solution. Significant backend infrastructure adjustments were made to achieve seamless onboarding for new Node operators and tailored their services to align with our ecosystem. This not only exemplifies their commitment to this partnership but also assures users of the solid groundwork that bolsters this collabora

This encouraged investors to stay put in their positions, with confidence in the market building toward a possible breakout to $35,000 and $40,000, respectively. Bitcoin Price Outlook In the last 24 hours, Bitcoin price has seen its value grow by 1.6% to trade at $30,700 as traders usher in the European session on Friday. The uptick in price is not unique to Bitcoin , as Ethereum price is trading 2.1% higher on the day and, as reported in our previous Analysis , is on the brink of closing the gap to $1,900. The continuation of Bitcoin and other crypto assets’ bullish trends into the weekend is largely contingent on the market’s response to the expiration of June options, a dynamic that will inevitably shape the near-term course of these digital currencies. Can Bitcoin Price Take On $35k Bitcoin ’s market structure had improved significantly compared to the beginning of June when the crypto industry faced an intensified crackdown by the US securities regulator. That situation w

Also Read: Coinbase CEO Notes Singapore Crypto Outlook While Facing US SEC Case advertisement Coinbase Denies SEC’s Charges As per Coinbase ’s reply, it admits that it has not registered with the SEC as a broker, national securities exchange, or clearing agency. However. It denies that any of the assets it made available for trading include crypto asset securities. It further denied that the commission has authority concerning investors, while, it also rejects that either the laws or SEC require a segregation of functions. Paul Grewal, Chief Legal Officer At Coinbase urged that it welcome a dialogue with any financial watchdog and calls for a new legislation and rulemaking ahead. However, it claims that this SEC lawsuit is beyond the existing law and might be dismissed. Read More Coinbase News Here… Recommended Articles Crypto Presale Projects For 2023 To I

Join Our Telegram channel to stay up to date on breaking news coverage Following the recent decoupling of TrueUSD (TUSD) from the US dollar, the team behind the stablecoin issuer is proudly highlighting its robust trading volume. This development has sparked concerns among TUSD holders, who are already wary of the recent collapse of Prime Trust, a crucial custodian for TUSD. On Binance US, TUSD experienced a dip in value during early trading hours on Wednesday, dropping to 80 cents against the US dollar. As of the time of writing, it has stabilized around 90 cents to the dollar. CoinGecko data indicates that TUSD’s total market capitalization remained steady initially before plummeting by nearly $100 million. Notably, the majority of this $100 million reduction can be attributed to a single wallet on the Tron blockchain. The wallet in question dumped approximately $74 million worth of TUSD, as confirmed by the blockchain Analysis platform Whale Alert. A stablecoin, such as T

Last week was quite fruitful for crypto investors. With Bitcoin surpassing $31k, most other assets ended up riding the bullish wave. This week, however, brakes were applied. With bulls taking a breather, almost the entire market has been consolidating. At press time, only seven out of the top 100 were trading in the green on the daily, and Stellar Lumens was one among them. Well, this Altcoin has been making quite some noise on social media. At press time, it was one of the trending topics on Twitter. In fact, data from LunarCrush pointed out that the social engagements associated with Stellar have risen by 270% over the past week, with the mentions registering a parallel 93% hike. At press time, XLM was trading around the psychological $0.1 mark, post noting a 20% appreciation in value over the past week. Source: Twitter Also Read: Bitcoin Cash Rallies 111% in 5 Days: Back From the Dead? Grayscale Stellar Lumens Share Price The share price of Grayscale’s Stellar Lumens Trust was the b

BNB has suffered a significant setback, losing $10 billion in market value. SEC filed a lawsuit against the exchange, alleging it offered an unregistered security. BNB’s market value currently stands at $37 billion, down from a peak of $110 billion. In a recent development, Binance’s native crypto, BNB, has encountered a series of setbacks, shedding a staggering $10 billion market share since June 5. This steep decline can be attributed to the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Binance, accusing the exchange of offering an unregistered security. Unfortunately, the regulatory troubles do not end in the United States. Belgium, the Netherlands, and France have also posed challenges for the exchange, compounding the pressures faced by BNB. As a result, the token’s value has further dwindled, leaving investors and market participants concerned about its prospects. Currently, BNB boasts a market value of $37 billion, down from over

Banking executives in Australia have said that 40% of all scam profits “touch” crypto , meaning bank restrictions are “the single largest lever [banks] have to reduce this impact on our customers.” On June 8, Australia’s Commonwealth Bank (CBA) said it will start to decline or pause certain payments being made to crypto exchanges “to help protect customers from scam risks associated with making certain payments to cryptocurrency exchanges.”  Another bank in Australia, Westpac, is also trialing cryptocurrency restrictions and recently banned customers from transferring money to Binance in a bid to curtail scams. At Australian Blockchain Week on Monday, an executive from CBA shared why these payment restrictions were made. “One in three of the dollars that are scammed from Australians touch crypto, one in three,” said Sophie Gilder, CBA’s managing director of blockchain and digital assets.  This figure could be higher at 40% according to a portfolio manager at ANZ (another Austr

Riot Platforms, a major bitcoin mining company, has invested $162.9 million to acquire 33,280 advanced Bitcoin miners for its Texas data center in anticipation of the 2024 halving event. To prepare for the upcoming halving cycle projected for mid-2024, Riot Platforms has purchased mining rigs from MicroBT. This strategic move will increase Riot’s self-mining capacity by 7.6 exahashes per second (EH/s). Riot Purchases 7.6 EH/s of Next Generation Miners from MicroBT, Manufactured in the United States. Read more in today’s press release: https://t.co/esLToy798H — Riot Platforms, Inc. (@RiotPlatforms) June 26, 2023 CEO Jason Les announced that the new mining machines will be deployed gradually in the first quarter of 2024. Once fully operational, these miners will boost Riot’s self-mining capacity to 20.1 EH/s. Introducing these advanced miners will enhance Riot’s mining capacity by 7.6 EH/s and improve the efficiency of their existing fleet, positioning them for the upcoming bit

The Shiba Inu market succumbs to a bearish whirlwind as Elon Musk suspends the burn tracker. SHIB price plunges amidst burn tracker suspension, signalling market distress. Negative sentiment engulfs the SHIB market as RSI dips and MACD turns bearish. Bearish sentiment has dominated the Shiba Inu (SHIB) market over the previous 24 hours, fueled by Elon Musk’s suspension of the Shiba Inu burn tracking Twitter account. During the bearish reign, SHIB’s price fell from an intra-day high of $0.000007954 to a 24-hour low of $0.000007684. SHOCKING: Elon Musk Suspends #Shiba Inu Burn Tracker Twitter Account A thread pic.twitter.com/fJrkdFxQW3 — Keyur Rohit (@CryptoKingKeyur) June 26, 2023 SHIB was trading at $0.000007752 at the time of publishing, down 2.52% from its previous close. SHIB’s market capitalization and 24-hour trading volume fell by 2.52% and 10.24%, to $4,567,951,948 and $105,336,556, respectively. This drop indicates a negative mood, as investors

Join Our Telegram channel to stay up to date on breaking news coverage Popular crypto YouTuber Oscar Ramos reviewed Wall Street Memes, the meme coin presale that has been catching the eye of the crypto market. A key factor in the current comeback of the cryptocurrency industry has been meme coins. The Pepe-the-frog meme coin project started the paradigm shift, which has since spread. This meme coin frenzy, which has carried the flame and elevated the mania to new heights, is led by Wall Street Memes. Oscar Ramos – Wall Street Memes Dominate Crypto Market Logic A newer meme cryptocurrency that has gained popularity for excellent reasons is known as Wall Street Memes. Due to its extraordinary presale performance, which broke records and raised over $10 million in an incredibly short period of time, this meme token has grown in popularity. Even better, Wall Street Memes are nothing new in the realm of crypto. With their highly sought-after Wall St Bulls NFT collection, they ha

“Eminem’s down bad,” Jason Yanowitz jokes upon hearing rumors that the famed performer finally let go of his Bored Ape. A recent tweet — viewed nearly two million times — correctly stated that Bored Ape #5099 had recently been sold. Loading Tweet.. But Eminem’s Bored Ape isn’t #5099.  It’s #9055, once purchased for 123.45 ether (ETH) or approximately $450,000.  The tokenized cartoon remains comfortably in place, perhaps forgotten, but definitely not dumped by the rapper’s paper hands. The thing about blockchain is it’s pretty easy to browse through transactions and profiles to find out the truth. And the truth is, even though Eminem hasn’t capitulated, NFTs are not doing so hot at the moment.  The floor price on “blue chip” NFTs such as CryptoPunks and Bored Apes has steadily fallen while most NFTs have fared quite a bit worse, plummeting into irrelevance. But that trend could offer some positive opportunities, Michael Anderson says. The co-founder of Framework Ventures spo

Hong Kong, determined to reclaim its fintech crown and rival Singapore, is poised to become a thriving crypto hub by considering the inclusion of retail investors in cryptocurrency trading. The city-state is reportedly giving a nudge to major banks, urging them to hop on the bandwagon and embrace crypto exchanges as clients after announcing a clear regulatory framework that aims to encourage innovation. The Financial Times reported on Thursday that the lenders include HSBC, Standard Chartered and Bank of China. In a recent meeting, the Hong Kong Monetary Authority, the city’s banking regulator, questioned lenders about their hesitancy in accepting crypto exchanges as clients, the report said. In a letter to the banks, the HKMA advised them that conducting due diligence on prospective customers should not place excessive burdens, especially for those establishing offices in the city to explore opportunities. An HKMA spokesperson confirmed to Blockworks that it has provided guidanc