Honey Prices Soar 43% Amid Hivemapper Expansion
HONEY, the token of Solana-based @Hivemapper, surged 43% to $0.08141 despite a broader crypto slump. HONEY’s market cap rose 56% to $161.9M. #Crypto #Updates
Crypto News
General category for all types of news related to the cryptocurrency world.
Honey Prices Soar 43% Amid Hivemapper Growth
HONEY, the token of Solana-based @Hivemapper, soared 43% to $0.08141, with a market cap increase of 56% to $161.9M. The surge follows network expansion, bullish patterns, and its listing on Kraken Pro. #Update #Crypto
Worldcoin Surges 9% with Top Tech Hires
Worldcoin’s $WLD token surged 9%, reaching $2.36 with a market cap of $357M. This came after hiring execs from Google, Apple, and Meta to enhance privacy compliance. Despite a 116% trading volume rise, it remains 80% below its peak. #Update
Paul Clement Backs Crypto in Fed Dispute
Former Solicitor General Paul Clement files an amicus brief supporting Custodia Bank’s appeal against the Federal Reserve’s denial of a master account. This move could set a precedent for the blockchain industry, addressing constitutional concerns and potential stifling of innovation. #CryptoNews
Bearish Trends: 3 Key Sentiment Indicators
Crypto assets see sharp corrections after attempted rebounds, signaling a bearish trend. Despite early institutional investments, recent large transfers to exchanges hint at potential sales. Miners selling $BTC reserves further indicate market decline. Stay informed on market shifts for strategic decisions. #CryptoNews
Trump Embraces Pro-Crypto Laws, Says Rep. Hill
French Hill says Trump will be more crypto-friendly than the current admin. He backs the FIT21 bill, which sets rules for the SEC & CFTC on digital assets, supporting investors and innovation. This could boost the crypto industry. #CryptoNews
Flare Connects LayerZero V2 to 75 Blockchains
Flare integrates with LayerZero, connecting to 75 blockchain networks, including Ethereum and Solana, and expanding access to over 50,000 dApps. This move boosts secure connectivity, new users, and liquidity. LayerZero has facilitated 134M+ cross-chain messages and secured $50B+ in crypto. #Blockchain #Crypto
Flare Integrates LayerZero V2: Connects 75 Blockchains
Flare integrates with LayerZero V2, connecting its Layer 1 blockchain to 75 networks including Ethereum and Solana. This boosts Flare’s reach to 50,000+ dApps, enhancing security and liquidity. #Blockchain
Cryptocurrency Giants Outpace Magnificent Seven’s Growth
Bitcoin and Ethereum outpaced the “Magnificent Seven” tech giants in market cap growth since 2019. $BTC rose by 1102% and $ETH by 2218%, surpassing companies like @Apple and @Microsoft. Crypto’s role in finance is rising. #Update
KuCoin Imposes 7.5% VAT for Nigerian Users
KuCoin will enforce a 7.5% VAT on transaction fees for Nigerian users from July 8, affecting those who completed KYC. This move raises questions amid the CBN’s ongoing ban on crypto websites and converting cryptocurrencies to fiat. Speculation exists this tax might lead to formal crypto regulations. #NigeriaCrypto
BONK Price Surge: 21% Gain in 5 Days
Our BONK price prediction yielded a 21% return in 5 days, with an entry at $0.00002150 and an exit at $0.000026. Fibonacci analysis identified key support levels, aiding the rally. Current market conditions are uncertain. #Update #CryptoNews
Cryptocurrency Forecast: Predicting Exchange Rate Trends
The National Bank of Ukraine’s new study uses LSTM neural networks to predict $BTC, $ETH, $XRP, and $DOGE prices, outperforming traditional models. Key dynamics: supply/demand, market stability, regulations. This could advance trading algorithms and portfolio tools. #Update #CryptoResearch
Tokenize Real Estate: MAG, Mantra Join Forces
UAE’s MAG partners with @MantraOM to tokenize a $500M real estate portfolio, starting with Keturah Reserve in Dubai. The first vault will tokenize $20M, offering 8% APY from stablecoins and yields in $OM tokens. #RealEstate #Blockchain #Update
Celebrities Caught in Crypto Crashes
Celebs like @TomBrady, @KimKardashian, and @justinbieber face huge losses and legal issues from crypto investments. From failed projects to SEC fines, their ventures highlight the risks in digital assets. #Crypto #Update