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Mt Gox to Begin Long-Awaited Bitcoin Repayments in July 2024

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In a pivotal development for the cryptocurrency community, the long-anticipated repayments to the creditors of the defunct Mt Gox exchange are set to commence in July 2024. This moment marks a significant milestone for the approximately 127,000 creditors who have been waiting over a decade to recover their lost funds. The repayments, which will be made in Bitcoin (BTC) and Bitcoin Cash (BCH) , follow years of postponed deadlines and extensive preparations by the exchange’s rehabilitation trustee. The Fall of Mt Gox Mt Gox, once the world’s largest cryptocurrency exchange, facilitating more than 70% of all Bitcoin transactions at its peak, collapsed in early 2014 after a series of hacks that went undetected for years. The most devastating breach resulted in the loss of 850,000 BTC, valued at approximately $51.9 billion at current prices. The exchange’s downfall caused a significant loss of investor funds and led to a dramatic plunge in Bitcoin prices, whic...

PlayDoge Presale Hits $5M Milestone – Is This the Next Big Meme Coin?

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PlayDoge ($PLAY) has entered the market at full steam and might just be the next big meme coin. It launched via a presale and has raised over $5 million in its opening weeks. The presale is ongoing and priced at $0.00511, but this will increase as the campaign advances, with the next increase in just three hours. Big returns expected: Investors deploy $5 million into PlayDoge presale With a powerful presale debut, it’s clear that market participants have high hopes for PlayDoge after it launches on the open market. Its early success marks a nod of approval from meme coin enthusiasts, which lays the way for continued growth. And it’s not just investors who are backing the new token. ...

Origin Protocol Price Prediction for Today, June 22 – OGN Technical Analysis

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The Origin Protocol price prediction suggests a bullish movement, indicating that the coin could be technically poised to break above $0.105. Origin Protocol Announces OGN Token Merger and Reveals Multichain Yield Products Roadmap Origin Protocol (OGN) token holders have introduced a governance proposal to merge Origin DeFi Governance (OGV) with OGN. The lesser-known token, OGV, saw a significant appreciation of over 100% last month, driven by the protocol’s increasing revenue and total value locked (TVL). OGN Prediction Statistics Data: OGN price now – $0.104 OGN market cap – $61.6 million OGN circulating supply – 587.1 million OGN total supply – 1.4 billion OGN Coinmarketcap ranking – #489 OGN/USD Market Key Levels: Resistance levels: $0.160, $0.165, $0.170 Support levels: $0.055, $0.050, $0.045 OGNUSD – Daily Chart OGN/USD is seen trading toward the 9-day and 21-day moving averages as the coin may kick-start a bullish ...

Coinbase, Binance and Other Top Exchanges Roll Out Trading Support for Brand-New ‘Omnichain’ Altcoin

Coinbase, Binance and a host of other top crypto exchanges around the world rolled out immediate trading support for a brand new altcoin native to an “omnichain” project. LayerZero bills itself as an omnichain interoperability protocol. The project aims to move data across blockchains and support “censorship-resistant messages and permissionless development through immutable smart contracts.” On Thursday, the project launched its new native token, ZRO. Binance added support for the asset with a seed tag, and Coinbase assigned the token an experimental label. Both designations alert users to lower liquidity and newer tokens that could be particularly volatile. They weren’t the only exchange giants to immediately roll out trading services for the asset: OKX, Bybit, Crypto.com and Bitfinex also listed ZRO on Thursday. On Thursday, the LayerZero Foundation also introduced a new claiming mechanism for ZRO called “proof-of-donation...

As its $5M Presale Nears its Close, Could Sealana be the Next Meme Coin to 100x?

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Excitement around the new meme coin Sealana ($SEAL) is soaring as its presale enters its last four days. The team has just announced the presale has raised $5 million, reflecting the scorching-hot hype behind the project. Sealana’s presale has taken a multichain approach, launching on the Ethereum and Solana networks. Investors can buy $SEAL using ETH, SOL, USDT, and bank card. They can purchase using the buy widget on the presale website or send cryptocurrency to the project’s wallet. Following the Sealana presale, investors will be airdropped their tokens, and $SEAL will launch on decentralized exchanges.   Send $SOL, and watch #Sealana skate his way into the #Solana blockch...

Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible

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The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to go before the crash is over, prediction another 20% decline from here. Bitcoin Falls Below Major Pricing Band Crypto analyst Ali Martinez posted a new Analysis on X (formerly Twitter) on the Bitcoin price that paints a rather bearish picture for the pioneer cryptocurrency. According to Martinez, the Bitcoin crash below $68,000 had actually pushed it below an important level. Related Reading Analyst Says XRP Price Is Long Overdue For Bullish Wave, Here’s The Target 20 hours ago The major level of importance here is the $67,890 ...

Render (RNDR) on the Rise: Investors Fuel the Surge and MAGA VP( $MVP) Gains Attention

Render (RNDR), the token associated with the distributed GPU network, has seen significant gains in the last 24 hours. Despite this surge, larger investors, commonly known as whales, have not significantly contributed to the uptrend. Retail Investors Step Up Retail investors have been actively buying RNDR tokens. Addresses holding between 100,000 and 1 million RNDR tokens have increased their balances by 14.6%. Additionally, smaller holders, with 1 to 10 tokens, have boosted their balances by approximately 10.8%. This increase in retail investor activity suggests a growing confidence in RNDR’s potential. Surge in Network Activity The Render network has also seen a rise in activity, supporting the positive outlook. In the last seven days, the number of active addresses has increased by 13.37%. Active addresses, which represent unique users conducting successful transactions, indicate a healthy and engaged network. ...

BRICS: Russia and North Korea Announce Historic Agreement

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BRICS member Russia is looking to take support from North Korea in its fight against the US hegemony. Russian President Vladimir Putin visited North Korea on Wednesday and the two countries signed a strategic partnership vowing closer ties in rivalry with the US. The development indicates that North Korea will come to Russia’s aid if the US presses further sanctions against the country. Also Read: Russia Makes Major Announcement About BRICS Currency JUST IN: Russian President Putin and North Korea's Kim Jong-un sign new strategic partnership agreement. pic.twitter.com/rS0XQc0A7X — BRICS News (@BRICSinfo) June 19, 2024 BRICS: North Korea & Russia Vow To Fight US Imperialism & Hegemony Source: AP The strategic partnership between North Korea and BRICS member Russia mentions the US as an “imperialist” and “hegemonic” nation. The agreement also specifies that Russia and North Korea must combinedly fight the US ...

Top 8 Cryptos To Buy As Crypto Markets Retract

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The crypto market is currently experiencing some of its worst conditions in 2024. Bitcoin’s (BTC) poor performance continues as it drops below the $65k mark which means up to $7,900 of losses since this poor trend began on June 9. Major meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) are all feeling the pinch too as they post consistently poor days. However, the great thing about the crypto market is that even during times of strife there is opportunity for those who are brave enough to seek it out. The presale market is the perfect place for investors to look for value as they don’t have to worry about poor conditions, as their investments are insulated until the listings begin. They can then decide once it launches if they wish to sell or not. With most presales, if they invest early enough they will already have a profit. However, we think that the 8 cryptos we have chosen for this article will not be coins any investor will wish to p...

Expert Predictions: Altcoins Poised for Big Moves

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Introduction As we move into 2024, cryptocurrency experts are sharing their predictions for altcoins that are poised to make significant moves in the market. In this article, we'll explore the insights of industry leaders and highlight four altcoins that are generating buzz: Hedera Hashgraph (HBAR), PawFury, Filecoin (FIL), and Ravencoin (RVN). Expert Insights •               "Hedera Hashgraph has been very active in its efforts to achieve solid ground in the enterprise and practical applications," said an esteemed blockchain consultant, Maria Rodriguez. As Hedera has a fast, safe, and reliable network, it is quite capable of drawing more institutional attention and can grow substantially in the course of the next few months. •               Indeed, PawFury has been one of the most-discussed meme coins in recent weeks, and for a good reason, said John Smith, a famous crypto analyst. This is attribu...

US politician makes shocking bet on this cryptocurrency

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Not long after catching the attention of the crypto currency community with a reveal of his Ethereum (ETH) purchases ahead of the United States Securities and Exchange Commission (SEC) approving spot Ethereum exchange-traded funds (ETFs), a US politician has made another interesting crypto bet. As it happens, Michael Collins, the US Representative for Georgia’s 10th congressional district, has just disclosed a purchase of Velodrome (VELO), a crypto asset with a market capitalization of less than $100 million, according to the data shared by investment research firm Quiver Quantitative on June 17. BREAKING: Representative Mike Collins just disclosed a purchase of a crypto currency called Velodrome. The coin appears to have a market cap of less than $100M. This is the first time we have ever seen a politician trade it. pic.twitter.com/lydptNO5Bq — Quiver Quantitative (@QuiverQuant) June 17, 2024 Specifically, on May 17, Collins bought between $1,000 and $15...

CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?

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The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial out flows , which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These events seemed to spark a rapid surge in Bitcoin price, pushing it briefly towards the $70,000 mark before a swift downturn adjusted the valuation back to around $65,000. Related Reading Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess 7 hours ago Market Shifts: BTC Faces Major Out flows While Some Altcoins Attract Investment So far, this fluctuation in Bitcoin’s price is part of a broader pattern of volat...