Retail and Institutional Investors Rally Behind Memecoins, Bybit

As an experienced financial analyst, I find the latest Bybit Institutional report on memecoins intriguing. The data presented in the report challenges long-held perceptions about who is driving the market for these high-risk assets. In the Bybit Institutional report spanning from January 1st to May 1st, 2024, it is noted that retail and institutional investors … Read more

Australia’s ASX set to launch country’s first spot Bitcoin ETF

As a researcher with a background in finance and experience following the cryptocurrency market closely, I am thrilled about the upcoming launch of the VanEck Bitcoin ETF on the Australian Securities Exchange (ASX). This development represents a significant milestone for the digital asset industry Down Under. Beginning June 20, the Australian Securities Exchange (ASX) introduces … Read more

Uniswap spikes nearly 10% amid bullish momentum

As a seasoned crypto investor with a keen eye for market trends, I’m thrilled to witness the remarkable price surge of Uniswap (UNI) in the past few days. The coin’s 9.8% uptick in just 24 hours, defying broader market conditions, is a clear indication of its growing potential and investor confidence. As a researcher studying … Read more

VC roundup: blockchain startups secure $109.3m in major funding rounds

In this text, several crypto-related companies have announced successful funding rounds. Here’s a summary of each announcement: This week, a total of 34 blockchain startups secured approximately $109.3 million in investments through various funding rounds, ranging from series A to grants. This week, some of the most significant financing rounds showcased a varied assortment of … Read more

Vitalik Buterin Backs TiTok AI: A Leap in Blockchain Image Storage

As a seasoned crypto investor with a strong interest in blockchain technology and its applications, I am thrilled about the recent endorsement of TiTok AI by Ethereum co-founder Vitalik Buterin. This innovative image compression tool developed jointly by ByteDance and Technical University Munich holds immense potential for optimizing on-chain image storage and enhancing the feasibility … Read more