Long-Term Bitcoin Holders Hold Firm Despite $73K Peak
Bitcoin’s downtrend persists for two months, with long-term holders refraining from selling despite weakening bullish momentum since the all-time high. The price of Bitcoin has been in a downtrend for the past two months, and supporters have weakened in their ability to sustain upside momentum. On-chain Bitcoin data indicates that long-term holders (LTH) are not […]
All ETFs and Mutual Funds to Utilize Blockchain, Franklin Templeton CEO Says
Jenny Johnson, CEO of Franklin Templeton, reaffirms support for blockchain, discussing tokenization and generative AI at the Milken Institute Global Conference. At the 27th Annual Milken Institute Global Conference in California, Jenny Johnson, the CEO and President of Franklin Templeton, a financial firm managing $1.6 trillion in assets, recently reaffirmed her support for blockchain technology […]
Eigenlayer Launches Phase 1 Claims for EIGEN Airdrop
EigenLayer’s native token is now available for claim, although the developer has stated that EIGEN will not be transferable. The 120-day period to claim EIGEN opened on May 10 and will run until September for EigenLayer’s phase one “stakedrop.” During phase one, participants will be able to obtain 6.05% of the token’s 1.67 billion supply; […]
Rug.fun Introduces Meme Coin Investment Game on Base Network
The game leverages meme coins’ crypto popularity to offer a unique blend of entertainment and investing. The objective of the two-phase game is for players to generate or invest in meme coins to get the maximum or minimum liquidity . Coins falling in the middle become fully rough when the timer reaches zero. Players can […]
JPMorgan’s Onyx to Scale Blockchain PoCs from Project Guardian
Wall Street giants, including JPMorgan’s Onyx, are streamlining blockchain proofs-of-concept from Project Guardian, aiming to turn insights into tangible products, as per Stephanie Lok, Onyx’s product manager. Wall Street behemoths are considering how to industrialize proofs-of-concept that were developed as part of the Project Guardian blockchain endeavor. Product manager Stephanie Lok of JPMorgan’s blockchain platform […]