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Join Our Telegram channel to stay up to date on breaking news coverage BOBO coin has experienced a significant price surge in the past two days. This led analysts to believe that it has potential to achieve major gains. Such a move would see it reach its all-time high on the decentralized exchange Uniswap. The sudden surge in price has caught the attention of investors and traders alike, sparking interest and speculation in the cryptocurrency market. BOBO Token Market Cap Growth, Ecosystem, and Features The market capitalization of the BOBO coin has witnessed significant growth in a short period. By the end of June, it had secured a market cap surpassing $3.2 million. This was a substantial increase from its $1 million mark on June 4. This surge in market capitalization demonstrates the growing confidence and investment in the BOBO coin project. $BOBO is 2.5x up after leaving the angle – $3.2m MC & $561k Volume Whales started buying into $BOBO, big buys made the ...

Polygon 2.0 Architecture Revealed CoinGape reported about the unveiling of Polygon 2.0 after SEC named its native cryptocurrency MATIC, a security. Read more about this Value layer of Internet , which Sandeep describes it as Unlimited Scalability, Unified Liquidity . advertisement In a Twitter post, Nailwal provided an overview of the architecture and its five main key Features . Unlimited Scalability – Using ZK Powered L2 Chains Unified Liquidity – Using novel Interop layer proposed in the architecture Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / A...

According to a report, the German financial regulator BaFin rejected Binance’s application for a crypto currency custody license . Finance Forward, a news outlet, reported that Germany’s financial authority has chosen not to grant Binance a custody license for cryptocurrencies, citing sources familiar with the situation. The source did not clarify whether the refusal was an official decision made by the German Federal Financial Supervisory Authority (BaFin) or if it was conveyed during ongoing discussions. A spokesperson for Binance stated that while they could not disclose specific details of their interactions with authorities, they are trying to comply with the conditions set by BaFin. As anticipated, this process is complex and continuous.  You might also like: Binance withdraws license application in Austria BaFin has declined to comment on specific firms due to the strict requirements for maintaining professional confidentiality in Germany. According to...

Two weeks after BlackRock announced its intention to launch a similar fund, the fund issuers who believe they are well-positioned to introduce a spot bitcoin ETF have made amendments to their proposal. Ark Invest and 21Shares re-filed to launch their spot bitcoin ETF in April. BlackRock revealed plans for the first time to try to bring such a product to market — spurring other issuers to re-enter the race.  But a Wednesday filing by Cboe — the exchange that would list the planned ARK 21Shares Bitcoin ETF — notes that it expects to enter into a surveillance-sharing agreement with “an operator of a United States-based spot trading platform for bitcoin” — copying language from the BlackRock filing. Trading on the platform “represents a substantial portion of US-based Bitcoin trading,” the document adds.  The addition to the proposal was done in part to “further strengthen our application,” 21Shares wrote in a blog post. It also demonstrates that the spot bitcoin market is “suffic...

Join Our Telegram channel to stay up to date on breaking news coverage The Arbitrum price prediction is likely to cross above the upper boundary of the channel but could fall below the moving averages if the bears step back. Arbitrum Prediction Statistics Data: Arbitrum price now – $1.21 Arbitrum market cap – $2 billion Arbitrum circulating supply – 1.27 billion Arbitrum total supply – 10 billion Arbitrum Coinmarketcap ranking – #34 ARB/USD Market Key Levels: Resistance levels: $0.50, $0.55, $0.60 Support levels: $0.90, $0.85, $0.80 ARBUSD – Daily Chart ARB/USD begins a fresh increase from the $1.138 support zone as the price continues to rise above the 9-day and 21-day moving averages; it is likely for the crypto to accelerate higher if it breaks above the upper boundary of the channel. Arbitrum Price Prediction: How Far Can ARB/USD Go? At the moment, the Arbitrum price is trading at $1.21 after adding 6.51% to its value on the...

Dogecoin is among the worst-performing cryptocurrencies of 2023 as its bearish streak is yet to come to an end. The leading meme currency barely rallied in price this year and slipped further south after each month. DOGE has lost its hype and the larger-than-life persona and blind fanfare seems to have fizzled out. The downturn is making investors rethink their prospects in meme currencies as it runs with nothing but hype and build-up. Also Read: Shiba Inu: AI Predicts SHIB Price For July 1, 2023 Source: Coingecko Elon Musk is accused of insider trading in Dogecoin after a group of investors filed a class action lawsuit against the billionaire. Read here to know more details about the lawsuit and how the case is currently shaping up. Now that the first half of 2023 remained lackluster for Dogecoin, will the second half change its fortunes for the good? In this article, we will highlight a price prediction for DOGE for July 2023. Let’s see how high or low the meme coin could trade in th...

Jun 27, 2023 at 10:52 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report, Polygon (MATIC) price is moving in a limited trading range in the lower part of the chart. Long-term forecast of the Polygon price: bearish The bears have successfully pushed Polygon to its previous low of $0.75. The cryptocurrency price fell to another low of $0.50 before the bulls bought the dips on June 10. Today, Polygon is trading for $0.66. Since the price is now within a range, it has not changed. MATIC is currently trading between $0.60 and $0.70...

Lookonchain revealed in a couple of tweets that 2 dormant whales transacted with ARB in the last week. At press time, ARB’s price stood at $1.21 after it climbed nearly 10% in the past 24 hours. A significant bullish flag triggered on ARB’s daily chart which suggested that its price would rise in the next few days. The blockchain tracking firm Lookonchain noted that 2 whales, who had been dormant for several months, transacted with Arbitrum (ARB) over the past few days. Shortly after these transactions, the crypto’s price started to pump. This left the firm questioning whether or not the whales knew beforehand that ARB’s price would rally today. According to a second tweet posted by Lookonchain this morning, whale “0x1b67” withdrew 450,881 ARB, worth approximately $504K, from Binance over the weekend. On-chain data indicated that this particular whale had been dormant for 1.6 years. Meanwhile, whale “0x3737” spent 939 Ethereum (ETH), estimated to be wort...

Altura, a lesser-known cryptocurrency, has demonstrated its immense potential by achieving over 80% gains within 11 days. This impressive growth comes amid the cryptocurrency’s increased strategic partnerships. These have played a vital role in elevating Altura’s position in the industry. Altura is an all-inclusive platform that empowers game developers to create, update, and transfer non-fungible tokens (NFTs) effortlessly. In this innovative world, technical complexity and expensive investments take the back seat, allowing developers to soar to new heights of creativity and success. What sets Altura apart from the rest? It simplifies the process by removing the intricate jargon, freeing up more time for developers to focus on what they do best- innovation! But Altura is not just a conceptual platform; it is a bustling hive of activity! It has an impressive user base of 44,000 unique marketplace users and a staggering total of 291,000 transactions. The platform facilitat...

Paul Grewal criticized the recent SEC-Binance court hearing after reviewing its transcript. The lawyer questioned the regulator’s misrepresentation of Rule 8. The SEC requested the court to reserve its rights and dismiss the motion without affecting the commission. Paul Grewal, an American attorney, and Chief Legal Officer at the SEC-sued crypto exchange Coinbase, criticized the SEC-Binance court hearing, after a detailed review of its transcript. In his recent tweet, Grewal cast doubt on the Securities and Exchange Commission (SEC) right to “reserve” and to “get past” the motion under the court’s Rule 8. Subsequent to the SEC’s series of accusations on the prominent crypto platform Binance, the regulators requested the US Federal Court to freeze the assets of the exchange as a move to ensure customer protection. However, in the recent court hearing mentioned by Grewal, the court proposed a compromise between the agency and the exchange, allowing Binance to c...

Traders are rushing to short stablecoin TrueUSD. The mounting short interest comes after cryptocurrency custodian Prime Trust could no longer fulfill withdrawal requests — and after BitGo yanked its bid to purchase Prime Trust.  US-based Prime Trust — known for fiat to digital asset on- and off-ramps — had before that been struggling for cash and had recently been ordered by a Nevada financial regulator to half operations under a cease-and-desist order. TUSD representatives have said the stablecoin is unaffected by the situation, claiming it had “no exposure” to Prime Trust and maintained “multiple USD rails for minting and redemption.” Protos reported earlier this week that TUSD had paused routine attestations of the stablecoin, and no shortage of traders have continued to place short bets against it since.  On Aave, traders are paying up to 50% APY to short the asset, with one user placing a $4 million short on the stablecoin. Loading Tweet.. The TUSD Curve Pool shows simil...