Bybit Launches HMSTR Token in OTC Pre-Market Trading

Bybit Launches HMSTR Token in OTC Pre-Market Trading

In A Nutshell Cryptocurrency exchange Bybit has expanded its offerings by listing the Hamster Kombat (HMSTR) token on its over-the-counter (OTC) pre-market trading platform, Bybit Pre-Market Trading, starting July 8, 2024. This move allows traders early access to HMSTR tokens, enabling them to secure and lock in their purchases before the official market listing. This…

Polygon (MATIC) Struggles at $0.5, Faces Bearish Outlook

Polygon (MATIC) Struggles at $0.5, Faces Bearish Outlook

In A Nutshell Polygon (MATIC) recently faced resistance at the $0.5 mark, signaling potential difficulty in maintaining its price level. With a recent downturn, analysis suggests a further decline might be imminent, attributed to several technical indicators and market dynamics. Understanding MATIC’s Recent Price Action MATIC’s struggle to surpass the $0.5 resistance level comes amid…

Firedancer Launches $1M Bug Bounty for Solana Boost

Firedancer Launches $1M Bug Bounty for Solana Boost

In A Nutshell This week marks a significant moment for the Solana blockchain community as the Firedancer validator client initiates a $1 million bug bounty program. Spearheaded by Jump Crypto and facilitated by the bug bounty platform Immunefi, this initiative invites developers to identify and report critical bugs within Firedancer, a new and promising validator…

Bitcoin Rises 9%, Hits $58,500 Amid Market Optimism

Bitcoin Rises 9%, Hits $58,500 Amid Market Optimism

In A Nutshell Bitcoin (BTC) witnessed a significant rebound, rising 9% from its recent lows, stirring hopes among traders that the market may have found its bottom. After a period of bearish momentum, Bitcoin’s price momentarily revisited the $58,500 mark, although sustaining higher levels remains a challenge. This resurgence comes amidst a backdrop of heavy…

Mt. Gox Moves $2.7B Bitcoin, Market Wary

Mt. Gox Moves $2.7B Bitcoin, Market Wary

In A Nutshell The defunct Japanese cryptocurrency exchange, Mt. Gox, recently transferred Bitcoin (BTC) valued at approximately $2.7 billion to a new address. This event has triggered concerns among investors and the broader crypto community about the potential impact on the Bitcoin market, fearing a massive sell-off. This transfer comes amidst the backdrop of Mt….

Bitcoin May Fall Below $50K, 10x Research Warns

Bitcoin May Fall Below $50K, 10x Research Warns

In A Nutshell Recent analysis by 10x Research predicts a sharp decline in Bitcoin’s value, forecasting a potential fall below the $50,000 mark. This outlook is attributed to a decrease in buying activity alongside an increase in selling pressure. With Bitcoin having recently slipped from over $60,000 to below $57,000, the market is witnessing a…

Terra Classic Boosts Galaxy Tools with 30M LUNC Delegation

Terra Classic Boosts Galaxy Tools with 30M LUNC Delegation

In A Nutshell The Terra Classic Foundation has recently delegated a substantial amount of 30 million LUNC tokens to hexxagon.io, a move aimed at bolstering the operation and maintenance of Galaxy Station and Galaxy Finder within the Terra Classic ecosystem. Despite this significant delegation, the market sentiment towards LUNC remains bearish, with a slight decline…