Crypto

GMX, the native token of decentralized perpetual exchange GMX, has soared over 20% in the past 24 hours. The surge was seemingly fueled by a crypto whale move that ignited the community’s positive sentiment towards the token. Some analysts believe GMX might be preparing for a breakout above the $60 mark. Whales Send GMX To New Wallets In the early hours of Thursday, a whale withdrew over 85,000 GMX tokens from crypto exchange Binance. Per the reports, the whale sent…

Former President Donald Trump holds over $32 million in crypto, having gone from a crypto critic to a vocal proponent of digital assets. Trump’s change in stance is largely attributed to Vivek Ramaswamy, who has been advising the former president. The change is reflected in Trump’s growing crypto holdings. Donald Trump’s Growing Crypto Holdings According to data compiled by Arkham Intelligence, Trump’s crypto portfolio has seen a significant increase in value over the past three months. The portfolio peaked at…

Coinbase has introduced “smart wallets” to simplify the crypto onboarding process by eliminating high fees and complex processes generally associated with traditional crypto wallets. Coinbase hopes to onboard over a billion users by offering simplified gasless transactions and multi-chain support through the new offering.  Smart Wallets  Coinbase introduced the “smart wallets” campaign on the 5th of June, 2024, promising a hassle-free transition to blockchain operations by integrating with a host of applications and offering support for networks such as Base…

Beercoin, a newly launched meme coin on the Solana ecosystem, has recently experienced a significant surge, and a particular crypto whale appears to be behind it. This meme coin is gaining attention from investors as it aims to replicate and surpass the performance of other popular Solana-based meme coins, such as Dogwifhat (WIF), Bonk, Book of Meme (BOME), Cat in a Dogs World (MEW), and Popcat. Meme Coin Whale Buys Millions in BEER Meme coins have carved a niche in…

Argentina is on the verge of becoming a crypto hub after sealing a strategic partnership with the Cardano Foundation to facilitate blockchain adoption.  This, coupled with technical moves confirms a bullish outlook above $1 with an analyst predicting $7.8 for ADA.  The Entre Ríos Province in Argentina makes a groundbreaking move towards the facilitation of blockchain adoption through a strategic partnership with the Cardano Foundation. This is confirmed in information reviewed by CNF disclosing that the strategic partnership was signed and…

Much has changed in the crypto space, especially with AI, as platforms like RCO Finance use innovative tools, such as the AI robo-advisor, to give crypto traders an edge in the market.  RCOF is considered groundbreaking for investors as it offers them the unique opportunity to access an AI robo-advisor tool that can help them make immense gains. What Is RCO Finance (RCOF)? RCO Finance (RCOF) is a decentralized finance (DeFi) platform that combines the power of artificial intelligence (AI)…

The post Franklin Templeton Explores New Crypto Fund With Altcoins: Is Altcoin Season Coming? appeared first on Coinpedia Fintech News Franklin Templeton is reportedly considering the introduction of a new cryptocurrency fund. This fund would diversify its investments beyond the well-known bitcoin and ether, according to sources familiar with the matter. As the asset manager explores altcoins, there’s a high hope of a significant altcoin season in the coming months. Franklin Templeton Explores Altcoin Investment Franklin Templeton, a major U.S.…

The winds of change are blowing through the crypto mining industry. The highly anticipated halving event in April 2024, which sliced block rewards in half, has sent shockwaves through the ecosystem. Daily revenue for miners has plummeted by over 70% since the halving, forcing them to scramble for new avenues to secure their bottom line. Enter Artificial Intelligence (AI). Buoyed by the success of projects like OpenAI’s ChatGPT, AI computing is experiencing a surge in demand. This, coupled with potentially…

Tortola, British Virgin Islands, June 6th, 2024, Chainwire With a long awaited anticipation, June 3rd marked a groundbreaking moment in the world of online entertainment as Galactix.io announced the official launch crypto-gaming casino platform. This platform brings a new style of gaming to the casino world along with classic favorites, unique visuals and the exciting world of cryptocurrency. Galactix is designed for the rapidly growing community of crypto enthusiasts and online gamers seeking a more engaging and transparent environment. By…