Month: June 2023

Polygon Labs, creator of the Polygon network, has proposed an architecture for its forthcoming “Polygon 2.0” project. The team suggested in a June 29 blog post that the new project should be made up of four different “layers” that will combine to create a web of networks ultimately connected to each other through Ethereum. If […]

Here’s what happened in crypto today.  South Korea passes crypto bill to tackle unfair trading The South Korean government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new crypto bill. Chairman Kim Do-eup at the plenary meeting of the Judiciary Committee on Legislation held at the National […]

Binance Labs has started accepting Season 6 Incubation Program applications for Web3 innovation. The incubation program offers tailored resources and mentoring for startups. At the same time, the first stage of AltSignals presale has hit 96.71%. The sixth season of Binance Labs’ prestigious Incubation Program is now accepting applications. The program’s goal is to promote […]

EOS price is down 13% year-to-date even as LTC and BCH have turned extremely bullish. The broader market outlook is bullish and that could help EOS target recent peak. EOS traded at $0.77 at the time of writing, about 10% up after a brief dip to $0.70.  EOS price is currently trading near $0.77 after […]

Litecoin price bounced strongly to see bulls hit a 14-month high near $110. LTC last traded at these prices in April 2022, and could hit new multi-year highs as the Litecoin halving approaches. Prices fell to $84 earlier in the day after markets reacted negatively to news about spot Bitcoin ETfs. Litecoin is still poised […]

There is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say. It could bring Bitcoin exposure to the masses, they holler.  While there might be some truth in […]

Bankruptcy Judge Martin Glenn of the US Southern District Court of New York on Friday ordered that bankrupt crypto lender Celsius can begin to sell or convert altcoins to Bitcoin (BTC) and Ether (ETH). The price of CEL, the native Celsius Network token, rose sharply on Friday, trading above $0.15 with 33% gains in the […]

Key Takeaways Bitcoin dominance measures the ratio of the Bitcoin market cap to the cumulative cryptocurrency sector market cap It is currently at 58%, the highest mark since April 2021 Market dynamics are changing as institutions consider Bitcoin, while rest of crypto market still struggles amid tight monetary policy environment Regulatory clampdown has also declared […]

Manchester, UK, June 30th, 2023, Chainwire Manchester City and OKX, one of the leading crypto exchanges by trading volume and a leading Web3 technology company, today announced OKX as the Club’s Official Sleeve Partner in a new multi-year agreement. As part of the expanded deal, the OKX brand will feature on the left sleeve of […]

Bitcoin price reacted sharply to news that the SEC had said Bitcoin ETFs filings were inadequate. The SEC had reportedly returned the filed documents to BlackRock, Fidelity. However, BTC recovered above $30k as more details emerged. Bitcoin briefly crashed to below $30k within minutes on Friday as the US Securities and Exchnage Commission (SEC) reportedly […]