Category : CoinJournal

CoinJournal

6.5M tokens bought within hours of the highly anticipated Chancer Presale launch

Chancer is a revolutionary betting platform that seeks to leverage the power of blockchain technology. The CHANCER token is going for 0.01 BUSD in the current stage. CHANCER token holders will have the opportunity of creating customized betting mark...

Etoro to limit US customers’ access to four major cryptocurrencies

eToro is an Israeli multi-asset investment platform widely known for social trading. eToro will delist ALGO, MATIC, MANA, and DASH for US customers. US customers can, however, still hold and sell already open positions in these tokens. https://twit...

Crypto price predictions: LTC, XRP and ASI outlook amid SEC crackdown

& Litecoin is weak after bears’ recent push, but could flip bullish ahead of its halving event. Meanwhile XRP price holds above key level as the SEC vs. Ripple case moves even closer to a court decision. Both LTC and XRP have seen mino...

Prof. Alexander: ‘I’m not sure SEC will succeed against Binance’

Professor Carol Alexander says the U.S. SEC may lose to Binance. She reiterated the need for crypto in an interview with CNBC today. Prof. Alexander expects regulatory clarity to bring price stability. It is conceivable that the U.S. Securities and...

Bitcoin and Ethereum network revenues spiked in May despite significant headwinds: ETC Group report

Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report by the ETC Group. Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum respectively. Regulation and mac...

Should you buy the Chancer token, as the presale officially launches on June 13th?

Key takeaways The Chancer presale will launch in roughly 20 hours, allowing investors to have a stake in the project. The team seeks to raise $15 million to fund the development of its platform and other products.& The Chancer presale laun...

Solo Bitcoin miner beats the odds to win 6.25 BTC block reward

A solo Bitcoin miner earned the 6.25 BTC block reward after beating the odds to solve block 793607. The miner reportedly used an Antminer S9 with about 17 TH. At today’s Bitcoin mining difficulty and with 17 TH, a solo miner would need an aver...

Crypto volumes continue to lag, Bitcoin & Ether fees down for fourth consecutive week

Key Takeaways On-chain activity for Bitcoin and Ethereum has fallen for the fourth consecutive week DEX share of trading volume had jumped up from 14% to 22% last month amid regulatory crackdown on centralised exchanges DEX volume has fallen back ag...

Litecoin price analysis ahead of the FOMC decision, US inflation data

Litecoin has formed a triple-top pattern on the daily chart. The main news is the recent lawsuits against Coinbase and Binance. The Federal Reserve will deliver its next interest rate decision. Litecoin price has come under intense pressure i...

Binance, Binance.US, and Coinbase collectively lose $4B in outflows

The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday and Thursday, there was a net outflow of $3.1B through the Ethereum network alone. Th...

Nigeria’s SEC orders Binance Nigeria Limited to stop operations

Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ. Nigeria’s SE...

Chancer: World’s first blockchain-based predictive markets app, and a potential game-changer

Chancer facilitates P2P predictive markets for betting on conventional and non-conventional markets. Chancer aims to enable user-led predictions amid record betting levels in traditional markets. The token will start presale on June 13,th&...

SEC seeks alternative ways to serve Changpeng Zhao after failing to get him

There are rumours that Changpeng Zhao could be in Dubai. There is no known base of operations for the Binance CEO. The SEC is seeking permission from the court to serve CZ lawyers on his behalf. The United States Securities and Exchange Commission...

Crypto.com suspends institutional exchange services in the US

Crypto.com cited limited demand for institutional-grade services. The services will be suspended from June 21. Crypto.com’s retail mobile application and platform remain fully operational in the US. Crypto.com has announced that it will disco...

Crypto price prediction: Render Token, Solana, Polkadot

Cryptocurrencies remained under pressure this week after the SEC went to war with the industry. The SEC sued Binance and Coinbase, the biggest exchanges in the industry. We explain what to expect with Render Token, Polkadot, and Solana. Crypt...

People can set up custom P2P betting markets on Chancer’s new betting platform

Chancer is using blockchain technology for a social betting platform. The new platform allows users to set up their own P2P betting markets including setting their own odds. Chancer is currently in the development phase with the CHANCER token presal...

Crypto exchange OKX burns $244 million worth of OKB tokens

Key takeaways OKX burned 5.5 million OKB tokens in its 20th OKB repurchase and burning program. The crypto exchange burned $244 million worth of its native token, its highest-ever burning program. OKX burns 5.5 million OKB tokens Cryptocurrency...

Chancer to launch token presale for its prediction platform

Chancer, a new company, will launch its token presale on June 13. The company hopes to use blockchain to disrupt the predictions market. Users will be able to create their own blockchain-secured markets. The sports betting industry is going t...

No more panic? Crypto resilient after Binance lawsuit, but BNB hits a 6-month low

Binance Coin has fallen by double digits after SEC initiates investigations on exchange The rest of the crypto sector remains resilient, with AltSignals having potential $ASI presale demand could fuel the price increase when the token lists on...

Coinbase CEO sold big chunk of company shares a day ahead of SEC complaint

Brian Armstrong sold over 29,000 shares ahead of SEC lawsuit. Fox Business journalist says the sale was perfectly legal. Coinbase shares are currently down 35% versus their YTD high. Shares of Coinbase Global Inc were hit hard this week after the S...

Chancer introduces a unique betting platform for cryptocurrency enthusiasts

Key takeaways Chancer is building a decentralised betting platform that allows users to create and bet on events of their choosing, The presale will commence next week and the team seeks to raise $15 million to fund its products.& When you...

Decentralized wireless network operator World Mobile to launch African expansion

World Mobile successfully completed field tests of its DeWi technology in three African countries. The countries selected for the tests were Kenya, Mozambique, and Nigeria. The successful field tests follow the launch of World Mobile’s commerc...

Coinbase (and crypto’s) fate hangs by a string: A Deep Dive

Key Takeaways Coinbase is down 86% from its $100 billion IPO valuation& It has significantly underperformed Bitcoin, Ethereum, the Nasdaq and almost every benchmark since This week it was sued by the SEC for violating securities law, its stock...

Taking a Closer Look at How Crypto is Changing the Face of Online Gaming

Cryptocurrency has been making waves in the online gaming industry for quite some time now. It has revolutionized the way people play, pay and win. With its decentralized nature crypto allows gamers to make secure payments without having to worry abo...

On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals

Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements are not significant compared to previous...

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