Ethena Labs boosts USDe token with Bybit integration
CryptoNewsZ
by David Cox
1h ago
Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange.  Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade on bitcoin and ether spot trading. Users of Bybit ..read more
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Primex integrates Squid for cross-chain token transfers
CryptoNewsZ
by Roxanne Williams
1h ago
Primex has incorporated Squid, wherein users will be provided the option of shifting their tokens, selecting one amongst 60 backed EVM and Cosmos chains. This will be utilized in the protocol.  Axelar is a Web3 interoperability blockchain linking and allowing cross-chain messaging amongst more than sixty EVM and Cosmos chains in the fashion of being ..read more
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Standard Chartered estimates further upside for Bitcoin
CryptoNewsZ
by Scott Cook
1h ago
Bitcoin is currently listed at $62,626.23, down by 1.45% in the last 24 hours. Despite the majority of the community anticipating a surge post-Bitcoin Halving, a long-awaited consolidation occurred. The ongoing phase of BTC has raised questions about its future predictions—for instance, if BTC will even break the trend for a new ATH or if ..read more
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XRP poised for breakout: Analysts eye $1.68 mid-term target
CryptoNewsZ
by Trevor Holman
2h ago
XRP is estimated to touch $1.68 in mid-term, or maximum, by the end of this year, 2024. That would set the stage to retest the previous peak of $1.96, which occurred in April 2021. This comes as the cryptocurrency attempts to navigate its way out of the ongoing symmetrical triangle formation. Additionally, the negative MVRV ..read more
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These 3 AI-based altcoins to outpace Bitcoin & Ethereum in 2024
CryptoNewsZ
by David Cox
2h ago
Innovation is the middle name of the crypto market, and 2024 has certainly proven it. The year has been filled with unique projects, especially AI-based altcoins. Names like Fetch.ai, SingularityNET, Render, etc., are ruling the crypto industry. These AI-based altcoins are outperforming BTC, ETH, and XRP. Their AI capabilities and features are a major reason ..read more
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OKX Ventures invests in Wild Forest, a pioneering Web3 RTS game
CryptoNewsZ
by Roxanne Williams
2h ago
OKX, a well-known cryptocurrency exchange that has moved into venture capital through a subsidiary called OKX Ventures, has stepped in to back Wild Forest with a new investment. This Web3-enabled game is free and does not require a regular membership. It’s a real-time strategy game. OKX Ventures’ engagement in this initiative demonstrates the significance of ..read more
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Wintermute to make provision for liquidity to OSL and HashKey
CryptoNewsZ
by Trevor Holman
4h ago
Wintermute, a crypto market maker, will provide liquidity to OSL and HashKey for spot Bitcoin and ether exchange-traded funds in Hong Kong. This will help the company to establish itself in the crypto space in Asia.  As per Wintermute, the company intends to involve sub-custodians, OSL and HashKey, regarding Hong Kong’s spot crypto ETFs.  According ..read more
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Shiba Inu (SHIB) is now listed on Nexo’s DEX
CryptoNewsZ
by David Cox
4h ago
Shiba Inu (SHIB) recently announced bagging a listing on the Nexo exchange. Shiba Inu, which was launched in 2020 as a meme coin, has since established a global community. Nexo also went to X to officially confirm the listing. The exchange talked about how Shiba Inu started as a dog meme only to develop the ..read more
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Are competitive gaming dynamics shifting with the crypto boom?
CryptoNewsZ
by Roxanne Williams
7h ago
Esports, also known as competitive gaming, traces its roots back to the early 1970s, when small-scale tournaments, like the one at Stanford University in October 1972, attracted around 20 researchers and students. Fast forward to 2022, and the global esports industry boasts an estimated revenue surpassing $947 million, drawing in over 200 million viewers worldwide ..read more
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Can Monero faucets provide a sustainable method for earning free crypto?
CryptoNewsZ
by Scott Cook
7h ago
Monero Faucets works on offering a little payment in return for performing easy activities or clearing captchas. These tasks are simple, like playing games. The goal of Monero faucets is to expose people to cryptocurrency by giving them a small amount for free, allowing them to experiment with it without committing any money beforehand. The ..read more
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