Gala

Singapore, Singapore, October 10th, 2024, Chainwire Leading industry investors join forces to support Yala's vision of a connected multi-chain ecosystem with Bitcoin. Yala, a liquidity protocol and stablecoin issuer for Bitcoin, has announced the successful completion of its 3x oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from prominent investors, including Galaxy Vision Hill, Anagram, Amber Group, ABCDE, Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures (L2IV), SatoshiLab, UpHonest Capital, UTXO Management,…

On Monday, a US bankruptcy court officially approved the liquidation plan for cryptocurrency exchange FTX, allowing the company to repay its customers using approximately $16 billion in recovered assets.  This decision comes at a critical time for the crypto market, as creditors are poised to receive more than $12 billion through the court-sanctioned payout plan, raising the possibility that some of these funds could be reinvested into the digital asset ecosystem, potentially influencing market prices. Market Awaits FTX Liquidation Impact…

In an analysis shared on X, Kelly Greer, Vice President of Trading at Galaxy Digital, presents a compelling argument for why the Bitcoin price could surge to as high as $118,000 by the end of the year. Greer’s insights are grounded in a combination of historical performance data, current market dynamics, and broader macroeconomic factors, all of which she believes are aligning to create a highly favorable environment for Bitcoin. Here’s Why Bitcoin Could Skyrocket To $118,000 Greer begins by…

New crypto projects require the best Web3 marketing agencies to build awareness and attract investors. Their services may come at a cost, especially paid advertising (PPC) and key opinion leader (KOL) marketing. However, this investment pays off in the long run when the right marketing strategy makes you stand out from the competition. The problem is that, despite offering similar services, Web3 marketing agencies do not guarantee the same quality. Therefore, blindly picking one to represent your online brand recognition…

New York, New York, September 12th, 2024, Chainwire Jupiter, the leading Solana trading platform, upgrades to Edge by Chaos Labs for enhanced protocol stability Chaos Labs, the industry leader in onchain risk management, today announced the launch of Edge, a decentralized oracle protocol, powering Jupiter, the leading perpetuals exchange on Solana. Over the past two months, Edge has already secured $30 billion in trading volume on Jupiter, establishing Chaos’ new price feed solution as a leader in the low-latency oracle…

Dubai, United Arab Emirates, September 9th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is set to ignite at Token 2049 Singapore, one of the largest and most anticipated gatherings for the blockchain industry. With a series of high-profile events and thought leadership initiatives, Bybit aims to solidify its position as a frontrunner in the evolving Web3 landscape. Bybit's Booth at Token 2049 At Token 2049, Bybit will also have a prominent booth where visitors can engage…

Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors.  This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this year. Critical data from Farside Investors reveals decreasing interest in Ethereum ETFs, which has added to the cautious sentiment surrounding ETH. This decline in interest may indicate…

The cryptocurrency world of 2024 is replete with innovators changing the digital economy. As the sector evolves, a new breed of crypto entrepreneurs emerges, differentiated by their long-term perspective on the market. Along with having the insight to negotiate the murky regulatory landscape successfully, these executives are well-versed in blockchain technology.  What distinguishes these crypto pioneers is their capacity to innovate —They are not just developing new platforms but also reinventing financial structures, supply lines, and digital interactions. From decentralized…

The post Enjin Coin Price Prediction 2024, 2025, 2030: Will ENJ Price Rise Again? appeared first on Coinpedia Fintech News Story Highlights The live price of the Enjin token is  $ 0.14733059 ENJ price is expected to hit a maximum of $0.80 by the end of 2024. With a potential surge, the price may go as high as $6.16 by the end of 2030. The Enjin is a unique project that uses gamification as a new approach to growth. Enjin aims…

The slow “bull market” run of 2024 may yet be primed to take off at some point in 2025. Could small-cap projects be the motivation for this projected bull run? What should investors focus on before dipping their feet in the small-cap pool?  Despite the optimism in the crypto market early in the year (after the SEC approved Bitcoin ETFs) for a crypto summer, the market has been largely stagnant in the past three months, with no sight of a…

Gibraltar, Gibraltar, August 29th, 2024, Chainwire ReformDAO, a decentralized market maker pioneering the path towards more accessible, transparent, and equitable market-making practices, has announced the listing of its native token, $RFRM, on leading cryptocurrency exchanges Gate.io, Mexc.com and Bitget.com. Signaling a major milestone in ReformDAO's journey to reshape the market-making landscape in the cryptocurrency industry. This strategic move follows the successful launch of ReformDAO's innovative market-making platform, which has garnered significant attention from both the cryptocurrency community and institutional investors.…

Bitcoin briefly fell below $58,000 late on Wednesday, dipping to a low of $57,974 before recovering. Since then, price action has been relatively muted, with Bitcoin (BTC) trading just above the $59,000 price level, down 0.80% in the past 24 hours.  Meanwhile, Ethereum (ETH) has regained the $2,500 level after registering an increase of almost 2% and is currently trading around the $2,524 mark. While BTC’s slump below $60,000 signals near-term weakness, long-term investors remain bullish and continue to withdraw…

The post Top Altcoins To Stack For The Upcoming Week! appeared first on Coinpedia Fintech News After trading under a bearish sentiment for a brief period, the cryptocurrency market has recorded a significant bullish price action over the past week. Following this, the top tokens have successfully surpassed their important levels. On the other hand, altcoins have experienced a massive uptrend with many tokens recording a three-digit surge during this time. Questions like “Is this the right time to invest?”…

The post Metaverse Tokens To Make A Comeback In Late 2024? appeared first on Coinpedia Fintech News Altcoins in the crypto market are making a gradual comeback, regardless of Bitcoin price failing to sustain above $60,000. Amid the recovering cryptocurrencies, GALA and MANA tokens showcase a reversal rally for a breakout run in the coming days. So, should you consider buying these Metaverse coins? Meta Tokens On The Rise: GALA In A Bearish Pennant Trapped in a falling channel, GALA…

Bitcoin (BTC) briefly climbed above $61,000 on Tuesday but could not stay above this level as sellers immediately drove the price back towards $60,000. Growing selling pressure forced BTC back below $60,000, with the cryptocurrency currently trading around the $59,500 mark. Crypto markets registered a notable increase on Tuesday, with all major cryptocurrencies registering gains. However, markets have hit a rough patch, with most coins in the red at present. The anticipation around the Federal Reserve meeting minutes and the…

Bitcoin’s value remains surprisingly stable, even after Mt. Gox, the defunct crypto exchange, transferred 13,265 BTC. These BTC are approximately worth $782 million. Specifically, this transaction includes 12,000 BTC shifted into a new wallet and 1,265 BTC to an internal wallet. Bitcoin Trades Near $60,000 Despite Mt. Gox Transfers According to the latest update, Mt. Gox moved 1,265 BTC worth $75 million to the crypto exchange Bitstamp around 30 minutes ago. These funds will facilitate the repayment of the creditors.…

Dogecoin (DOGE), the largest memecoin by market capitalization, recently received acknowledgment from Tesla’s CEO on X. Elon Musk’s post sparked a frenzy among crypto investors and the DOGE community, reflecting on the token’s price. Following the recent surge, some analysts believe it’s only a matter of time before a major breakout. Elon Musk Excites The Dogecoin Community In a recent X post, Elon Musk acknowledged the leading memecoin by market cap on his response to Donald Trump’s political proposition. The…

Solordi is proud to announce the launch of the first-ever Unreal Engine 5 game on the Solana blockchain, marking a significant milestone in the gaming and crypto industries. This revolutionary development, accessible via their website https://solordia.gg, exemplifies the high quality and innovation of Solordi's development team, which has also created a Software Development Kit (SDK) for Solana Labs to enable other gaming franchises to integrate seamlessly on Solana. See the full trailer on Solordi’s Official YouTube: https://www.youtube.com/watch?v=olI6qMiWhVs Solordi, known for…

The post GALA Price Prediction 2024 – 2030: Will Gala Price Record 5X Surge This Year? appeared first on Coinpedia Fintech News Story Highlights The live price of the GALA token is  $ 0.01701376. GALA price could propel to a maximum of $0.0693 by the end of 2024. Gala token’s price with a potential surge could go as high as $0.625 by the end of 2030. Gala Games, a pay-to-earn platform bets big on the metaverse trend. With a large marketplace,…

The post Will The Metaverse Altcoins Make A Comeback In Late 2024? appeared first on Coinpedia Fintech News With a bullish trend in the altcoins market, the ETH/BTC pair has experienced a 2.41% rise in the last 24 hours. The stronger Ethereum grows against Bitcoin, the more likely an altcoin season will occur. Amid the altcoins, the Metaverse tokens like GALA and MANA witness a recovery run, teasing a trend reversal. Will these metaverse altcoins surge this week? Let’s find…

Recently, a new trend has emerged where investors in Pepe Unchained (PEPU) are forging strong connections with their rival, Mpeppe (MPEPE), driven by the promise of significant financial gains. Here’s a deep dive into why these two tokens are capturing investor interest and how they are creating opportunities for massive profits. Pepe Unchained (PEPU) and Mpeppe (MPEPE): A Dynamic Duo in the Crypto Space Pepe Unchained (PEPU): A Familiar Face with a Fresh Twist Pepe Unchained (PEPU) has quickly become…

Goldman Sachs and DRW Capital have revealed over $600 million in combined holdings across spot Bitcoin and Ethereum exchange-traded funds (ETFs). These disclosures, made in recent 13F filings with the US Securities and Exchange Commission (SEC), highlight the growing institutional interest in digital assets. Institutional Giants Drive Bitcoin ETF Growth, Signaling Long-Term Confidence Goldman Sachs reported positions in seven of the 11 available Bitcoin ETFs in the US, totaling nearly $410 million. It has the largest stake in the iShares…

Multichain gaming system developer Kokomo Games announced its entry into the web3 gaming industry following the conclusion of its angel funding round. One Million and One Kokos — the firm’s first title — is expected to launch on Telegram soon. According to a recent Kokomo Games announcement, the firm’s angel investor funding round was oversubscribed and saw the participation of DAO Jones, including figures like Steve Aoki and Mike Shinoda from Linkin Park. Angels from The Sandbox, Crypto.com Capital, SoftBank, Kraken,…

The post MicroStrategy’s Bitcoin Holdings: Unraveling a High-Stakes Investment Strategy appeared first on Coinpedia Fintech News Recently, an announcement made by microstrategy microstrategy Business Intelligence executive chairman michael saylor michael saylor Micheal J Saylor is the greatest visionary in the Information Systems industry. An enthusiastic blockchain influencer and a splendid leader. He believes that prudent institutional investors should only consider trusting a crypto-asset network after it has operated reliably for at least ten years without a hard fork.   He…