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Gevulot Sets Firestarter Mainnet Launch on July 15, Explains ZK Endgame Approach

Gevulot, a purpose-built L1, is launching the first shared prover layer optimized exclusively for zero-knowledge (ZK) proof generation and verification, starting with its mainnet prover network, Firestarter, going live on July 15. Whitelisted projects will receive public good access to the mainnet. Gevulot also provides an in-depth explanation of ZK Endgame and its approach to ZK, to ultimately bring the compute and cost overhead of verifiability to near zero. The Gevulot Devnet is currently a free public good testnet for…

$MAO Announces its Bid for “Memecoin of 2024,” Advancing the $DOGE and $SHIB Legacy

MAOCAT, an Ethereum-based memecoin building an ambitious DeFi ecosystem, announced its intention to become this year’s standout meme token. $MAO is currently on a successful presale that far exceeds all expectations, raising over $300,000 so far. At this pace, the cat-themed memecoin could reach the fame of popular dog-themed cryptocurrencies Dogecoin ($DOGE) and Shiba Inu ($SHIB). Memecoins have been carving their distinct niche in the crypto market since 2020. Generally, these crypto tokens spur from memes and internet jokes, taking…

ChangeNOW Announces Listing of USDT TON Stablecoin on Its Exchange

ChangeNOW, a leading cryptocurrency exchange platform, announces the USDT TON (USDt) stablecoin listing on its platform. This strategic addition marks a significant enhancement to ChangeNOW’s offerings, elevating the crypto exchange’s experience for beginners and seasoned traders alike. In celebration of this collaboration, ChangeNOW is introducing a 7-day promotion where users may swap their cryptocurrencies into USDT TON with zero service commission. This limited-time offer underscores ChangeNOW’s dedication to providing exceptional value and promoting the adoption of this new stablecoin. Please…

$5.9 Million Marine Moguls ERC-404 Airdrop Closes in 3 Days, Launch Imminent!

As the clock ticks down to the much-anticipated launch of Marine Moguls, MetFi DAO reminds the crypto community that its ERC-404 airdrop closes in three (3) days. This final call is an invitation to join a pioneering venture setting new standards in the blockchain and digital asset landscape. Airdrop Closing - Massive Bounty Awaits The Marine Moguls airdrop officially closes on May 24th, 2024, at 11:59 AM UTC. Participants have a few more days to secure their share of 30%…

HarpyCoin Launches Phase 1 of Presale for Solana-Based Token with Great Utility

The team at HarpyCoin proudly announces the launch of Phase 1 of their presale. This phase has already raised over $23,000 without any marketing efforts.  With marketing campaigns starting now, HarpyCoin aims to reach $1.5 million. The Solana-based token boasts unique utilities, including staking, a DApp, and a swap feature. Learning More about the Project's Presale HarpyCoin's Phase 1 presale is live, attracting significant attention despite the absence of marketing. The project has raised over $23,000, with strong, genuine initial…

World of Dypians Releases Update Patch on Epic Games Featuring New Reputable Partner Areas

World of Dypians (WOD) - an immersive, groundbreaking MMORPG, has released its latest update, patch v0.2.4, on Epic Games. The team announced three new collaborations with major brands in the blockchain industry, Core DAO, Viction, and MultiversX. These visionary blockchain networks now have dedicated areas in the Downtown section of the WOD metaverse, where virtual and real-life experiences blend seamlessly. Furthermore, the new update reveals a host of exciting, upcoming features, including enhanced chain leaderboards, a new Challenger Global Leaderboard,…

MAOCAT Presale Is Off to a Successful Start, Raising $300K Already

MAOCAT, the first cat-themed memecoin on Ethereum, has started its presale, offering over 60% of the $MAO token supply. In a rare feat, the project has already raised more than $300,000, earning the memecoin a standout reputation before its much-anticipated launch. MAOCAT is an up-and-coming project seeking to reshape the DeFi space and redefine NFT collecting. The self-proclaimed "first cat memecoin on Ethereum" is at its forefront as a disruptive force in a sector dominated by dog-themed and frog-themed projects.…

WMA: Bitcoin Surges to $67,000 as the Market Recovers

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,41 trillion. Bitcoin is up by about 8% to trade just short of $67,000. Ethereum increased by almost 4% to trade above $3,000 again. XRP is up by 1%, Solana by 17%, and Dogecoin by 5%. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector increased the total…

THOTIANA Launches Memecoin Presale with BONUS Airdrop Opportunity on Solana Network

THOTIANA, the newest meme coin on the Solana network, has announced the launch of its presale. With a vision of transforming everyday struggles into crypto riches, THOTIANA offers investors a unique opportunity.  The first 250 investors will receive a bonus airdrop at the time of launch. Each $SOL invested equals 15,000 $THOT. The Opening of an Exclusive Presale The presale phase of THOTIANA has begun, promising a fair and generous opportunity for early investors. Those who join the presale benefit…

Galaxis Introduces AI-Powered Suite to Revolutionize Community Creation for Creators

Galaxis, a leading platform for creators in the Web3 space, notable for its partnerships with high-profile figures such as Mike Tyson, Steve Aoki, and the NBA, has announced the upcoming launch of its new AI-powered Community Creator suite, designed to streamline and enhance the community creation process on their Membership Card platform. This initiative is designed to enhance the community creation process for creators by leveraging the latest AI technologies. AI-Powered Suite: Revolutionizing Community Creation The suite introduced by Galaxis…

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Chainlink Labs and Arta TechFin to Conquer $16 Trillion Tokenization Market in Strategic Partnership – Can it Propel LINK Price to $20?

Chainlink Labs has expanded its partnership with Arta TechFin to include the issuance of stablecoins and real estate tokens as the race to dominate the $16 trillion tokenization market continues. The two will release a market standard for originating, distributing and custodying tokenized assets across different blockchains in Hong Kong and beyond. Tokenization is emerging as the prime market for blockchain interruption, and several blockchain networks are racing to dominate the market, which studies claim will be worth $16 trillion…

Polkadot Creator Gavin Wood Reveals Crucial Blockchain Use Case for Mass Adoption – Can DOT Network Implement It?

Polkadot creator Gavin Wood recently emphasized the importance of integrating proof of personhood into blockchain technology. He also suggested that this mechanism for digitally verifying an individual’s humanity could be the breakthrough sterring mass adoption. Polkadot, the interoperability blockchain platform has been navigating through new ways of boosting market adoption. In the latest development, Polkadot creator Gavin Wood shares an interesting use case that would be crucial for the mass adoption of the blockchain platform. In a recent interview on…

Toncoin Faces Potential 25% Decline Amid Emerging Double Top Pattern: Analysis

Toncoin’s total value locked (TVL) surged to over $218 million, driving a price rally. Daily active addresses on the TON network have increased by 500% since March. Toncoin (TON), the native cryptocurrency of the Toncoin network, has experienced notable underperformance compared to the broader crypto market in recent weeks. Despite a general uptrend in altcoins driven by Bitcoin’s recovery above $68,000, TON has seen a sharp reversal after hitting resistance at $7.5. Toncoin’s total value locked (TVL) has soared to…

Black Phoenix (BPX) Emerges As The Crypto King With Mind-Blowing 4,000,000% Growth In 24 Hours

The crypto industry has been dominated by the recovery of major cryptocurrencies and regulatory developments, but one unexpected player has taken the market by storm. Black Phoenix, a payment system protocol, and its native token, BPX, have witnessed an astonishing surge in price, outperforming the entire market with historical performance. Notably, Black Phoenix’s BPX token reached an all-time high of $2.60 on May 22, propelled by a staggering 4,400,000% growth in the past 24 hours and over 6,500,000% in the…

XRP Price Nears Major Converging Point: Analyst Predicts 3,600% Jump To $20

A crypto analyst has predicted the next price target for the XRP price, noting that the altcoin was nearing a key point that could potentially trigger a major bull rally for the cryptocurrency.  XRP Price Roadmap to $20 In an X (formerly Twitter) post on May 20, Crypto analyst, Javon Marks forecasted a strong bullish breakout for the XRP price in this market cycle. Marks explained that XRP was steadily approaching a critical converging point, with an emerging Relative Strength…

Ethereum Bullish Turn: Analyst Highlight Positive Bias In ETH Options Across All Expiries

Recent developments in the crypto market indicate a strong bullish sentiment among Ethereum traders, particularly in the options market. Amid the growing anticipation for potential approvals of spot Ethereum exchange-traded funds (ETFs), there has been a noticeable shift in option pricing, with Ethereum call options becoming more expensive than put options across all expiries. This pricing pattern suggests the market is optimistic about Ethereum’s price prospects. Notably, A call option gives the holder the right, but not the obligation, to…

Shiba Inu Price Can’t Reach $0.01, Crypto Pundit Reveals Why

Crypto analyst Oscar Ramos has outlined why he doesn’t believe the Shiba Inu price can go above $0.01 this cycle. He made this statement while alluding to the possibility of the meme coin reaching $0.5 at some point in the future.  Why Shiba Inu Can’t Go Above $0.01 Ramos mentioned in an X (formerly Twitter) post that Shiba Inu can’t go above $0.01 because of its current supply of over 589 trillion, according to data from CoinMarketCap. The crypto analyst…

Built On An $6 Million NFT Scam? AI Company Accused Of Fraud By Internet Investigator

Youtuber and Internet investigator Coffeezilla has called out Artificial Intelligence (AI) company Rabbit for allegedly being built on a $6 million non-fungible token (NFT) scam. The company is accused of being responsible for the GAMA NFT Project “fraud” as part of a history of lies. Down The NFT Fraud Rabbit Hole Stephen Findeisen, better known as Coffeezilla, published a YouTube video calling out Rabbit Inc. for being built on the remains of an alleged NFT fraud from 2021. The internet…

This week top stories

Ethereum Price Undergoes Technical Correction: Market Adjusts After Recent Increase

Ethereum price tested the $3,040 zone and corrected gains. ETH is now testing the $2,925 support and might aim for a fresh increase. Ethereum started a downside correction after the bears defended $3,040. The price is trading below $2,960 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,965 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below…

End Of The Road For BNB After 200% Surge? Mounting Resistance Threatens Rally

BNB, the native cryptocurrency of the BSC network, has undoubtedly been one of the winning altcoins scene the bull market began. The price has been able to go from around $200 to over $600 in the space of a year, notching over 200% gains in the process. However, it seems that this outperformance by the altcoin is coming to an end, as an analyst predicts that it is about to hit massive resistance that could stop its growth dead in…

FTX Repayment Catalyst: $14.5 Billion Payout Could Ignite Crypto Market Surge, Research Suggests

K33 Research has disclosed that the upcoming repayments by FTX to creditors could increase buying pressure and cause a strong market performance later in the year.  However, a section of the crypto communities raises concerns about the overall repayment plans expected to be based on November 2022 prices.  The crypto market has in the early hours of trading shown a little sign of resurgence, evident in the 3.96% surge in the total market cap. Fortunately, renowned analysts anticipate continuous growth…

XRP & Cardano Whales Load Up Bags: Preparation For Altcoin Rally?

On-chain data shows that XRP and Cardano whales have been accumulating recently, which can be bullish for the prices of these altcoins. XRP & Cardano Whales Have Gone On A Buying Spree Recently As analyst Ali explained in a new post on X, XRP whales have seen their holdings go up over the last couple of weeks. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total amount of…

Avalanche Rising: Will The Wine Capital Fund Turbocharge Gains Above $40?

AVAX, the native currency of Avalanche, a high throughput blockchain, is rising, adding an impressive 9% from May 15 lows. Buyers are taking over after weeks of lower lows. While the expansion of Bitcoin prices could explain these gains, there could be more. Fine Wine Investment Fund Tokenized On Avalanche Avalanche has announced tokenizing a fine wine investment fund, a move that would see the platform ride on the wave of tokenization. In a statement, Avalanche said the Wine Capital…

Binance Issues Critical Announcement Regarding BNB Beacon Chain Usage

Binance has announced that it will retire the BNB Beacon Chain (BEP2) by mid-next month and cease supporting deposits for all BEP2 tokens this week. The exchange has also started migrating assets from the Beacon Chain to its BNB Smart Chain and will continue with the process for the next month. Binance is sunsetting the BNB Beacon Chain (BEP2), nearly four years since it first launched, the exchange announced this week. As Crypto News Flash reported, the BNB Chain team…

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