Share postIn BriefTrust Wallet welcomes Thomas Lau as Head of Design, bringing design leadership from Phantom and Crypto.com to set the standard for how users interact with crypto across the world's leading self-custody wallet.
Great crypto products don't just work, they look and feel right. That's why we're excited to welcome Thomas Lau as the new Head of Design at Trust Wallet. His appointment reinforces our commitment to building world-class product experiences for millions of users who choose the world's leading self-custody crypto wallet every day.
Thomas will lead the design vision across Trust Wallet's product suite, setting the standard for how users interact with crypto — from onboarding to advanced Web3 features. He will work closely with product, engineering, marketing, and leadership teams to ensure Trust Wallet continues to deliver experiences that are beautiful, intuitive, and built for everyone.
Thomas brings a strong track record of design leadership across the crypto industry. Most recently, he served as Product Design Lead at Phantom. Before that, he held senior design roles at Crypto.com.
On Thomas’ appointment, Felix Fan, CEO of Trust Wallet, said: "Design is one of the most powerful tools we have for making crypto accessible to everyone. Thomas brings exactly the depth of craft and crypto-native perspective we need to take Trust Wallet's product experience to the next level. We're thrilled to have him on board."
Thomas Lau, Head of Design at Trust Wallet, said: "Trust Wallet is the world's leading self-custody wallet, that's an incredible foundation to build on. I'm here to make sure the design experience lives up to that, and to help push what's possible in crypto. The best is still ahead.”
Welcome to the team, Thomas!
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Disclaimer: Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.
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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.
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TLDR:How the Intents Model Simplifies Cross-Chain TransactionsFee Data Reflects Wide Integration Across the EcosystemPrice Structure and Market Sentiment Around NEAR NEAR Intents has surpassed $20B in cumulative volume, driven by solver-based cross-chain routing. SwapKit generated $26.6M of $34.4M in total fees recorded across the NEAR Intents protocol. Wallets including Ledger, Trust Wallet, and Brave are already routing user transactions via NEAR. Confidential Intents recorded $22.6M in TVL within two months of launching on the NEAR network. NEAR Intents has crossed $20 billion in cumulative volume, marking a notable milestone for the protocol’s cross-chain infrastructure.
The platform routes transactions across major networks including Ethereum, Solana, Tron, Base, BNB Chain, and Zcash. A growing list of wallets and swap protocols already directs user flow through NEAR’s settlement layer.
The architecture removes much of the friction traditionally associated with moving assets between blockchains, drawing attention from analysts tracking on-chain activity.
How the Intents Model Simplifies Cross-Chain Transactions NEAR Intents operates on a solver-based model that replaces the conventional multi-step bridging process. Users sign a single intent rather than selecting a chain, bridge, DEX, gas token, and transaction route manually. Solvers then compete to fill that intent at the best available price and path.
Once a solver identifies the optimal route, NEAR’s verifier settles the state change atomically. If the intent cannot be filled under the stated conditions, the transaction does not execute. This design removes execution risk for end users who only need to specify the desired outcome.
As crypto analyst Karamata noted on X, solvers can access CEX liquidity, DEX liquidity, off-chain inventory, and bridges simultaneously.
That access is not constrained to a single liquidity pool, which gives the system broader reach than traditional DEX routing.
Fee Data Reflects Wide Integration Across the Ecosystem SwapKit has emerged as the largest contributor to NEAR Intents fee volume, generating $26.6 million of the total $34.4 million recorded so far. Every application built on the SwapKit SDK gains access to NEAR Intents liquidity by default.
That integration has significantly broadened the protocol’s user base without requiring direct adoption from end users.
Other contributors include Zodl/Zashi with approximately $3.6 million in fees, alongside routing from Ledger, ShapeShift, Rango Exchange, Thorwallet, Brave, Cake Wallet, Trust Wallet, Bitget Wallet, OpenOcean, Rubic, Li.Fi, KyberNetwork, and StableFlow.
The breadth of integrations suggests the protocol is already embedded in mainstream crypto workflows. Many users routing swaps through these platforms may be interacting with NEAR infrastructure without knowing it.
Confidential Intents, a newer feature, has also gained early traction. The privacy-focused layer accumulated $22.6 million in total value locked within two months of going live. That pace points to demand for on-chain privacy features as the cross-chain space matures.
Price Structure and Market Sentiment Around NEAR On the price side, NEAR has pulled back nearly 35% from recent local highs amid broader market weakness. Analyst @speartrades_app pointed out that the chart structure remains relatively intact despite the decline.
A specific support zone, described as a purple region on the chart, has consistently attracted buyers throughout this cycle.
$NEAR has corrected nearly 35% from local highs.
Despite the panic, the chart remains surprisingly clean.
The purple zone continues to act as a major support level that has repeatedly attracted buyers throughout this cycle.
As long as NEAR holds this region, the current move… pic.twitter.com/F5ngr7JlJl
— SpearTrades (@speartrades_app) June 5, 2026
As long as NEAR holds above that support level, the correction can be read as a normal retracement alongside Bitcoin’s broader pullback.
A decisive breakdown below that level, however, could shift market sentiment and trigger a deeper move lower. Traders are watching the zone closely for the next directional cue.
Beyond price, the protocol is moving into its next phase through Confidential Intents. The feature recorded $22.6 million in confidential TVL within just two months of going live.
If cross-chain privacy becomes a standard expectation, NEAR’s infrastructure positions it early in that market.
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
3 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
Binance just made it possible to trade tokenized versions of Nvidia and Tesla stock at 3 a.m. on a Sunday. The exchange launched bStocks on June 10, bringing 24/7 on-chain trading of 1:1-backed US equity tokens to BNB Chain, with full withdrawal support to self-custody wallets like Trust Wallet.
The initial lineup includes five tokens: NVDAB (Nvidia), TSLAB (Tesla), CRCLB (Circle), MUB (Micron), and SNDKB (SanDisk). Each token is backed one-to-one by the underlying US equity, held through Binance’s brokerage framework and structured via an Abu Dhabi-based Special Purpose Vehicle.
How bStocks actually works Binance purchases the actual shares, locks them under a regulated SPV in Abu Dhabi, and issues corresponding tokens on BNB Chain. When you buy TSLAB, there’s a real Tesla share sitting in custody backing it up.
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The zero-fee structure is the attention-grabber here. Traditional brokerages have largely moved to commission-free trading for US equities, but adding 24/7 availability and near-instant on-chain settlement is a different proposition entirely. No waiting for T+1 clearing. No market hours. No weekends off.
Users can withdraw their tokenized equities to Trust Wallet, meaning the tokens live in a wallet the user controls rather than sitting on a centralized exchange.
Building on a tokenized foundation bStocks didn’t appear out of nowhere. Back in late April 2026, BNB Chain saw the deployment of xStocks, which brought over 50 tokenized assets on-chain with plans to add more than 100 additional assets shortly after. Earlier in June 2026, Binance also rolled out zero-commission trading of over 7,000 US stocks and ETFs for eligible non-US users. bStocks takes the next logical step by pushing those assets onto the blockchain itself.
The choice of Abu Dhabi as the regulatory home for the SPV structure is deliberate. The UAE has positioned itself as one of the more crypto-accommodating jurisdictions globally, and Binance has been building its presence there for years.
What this means for investors The pitch is straightforward. If you’re a non-US investor who wants exposure to major US equities without dealing with traditional brokerage infrastructure, bStocks removes several layers of friction. No commissions, no market hour restrictions, and the ability to hold your stock tokens in a self-custody wallet alongside your crypto holdings.
The 1:1 backing depends entirely on the integrity and solvency of the custodial structure and the Abu Dhabi SPV. If anything goes sideways with the custodian or Binance’s brokerage operations, token holders could find their “stock” is worth considerably less than the underlying share.
The initial five tokens are a conservative starting lineup, all recognizable names that crypto-native investors already follow. If bStocks grows to match the scale of the 7,000-plus equities already available on Binance’s traditional trading product, it could become one of the most significant real-world asset deployments in DeFi history.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Share postIn BriefbStocks are live on Trust Wallet — access tokenized US stocks like NVIDIA and Tesla 24/7 on BNB Chain, with no fees and full 1:1 backing.
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What are bStocks? We're excited to introduce bStocks on Trust Wallet — a new way to access real U.S. equities on-chain, around the clock. bStocks are tokenized securities on BNB Smart Chain that give you economic exposure to U.S.-listed stocks — price movements, dividends, and stock splits — packaged as a standard BEP-20 token that trades 24/7 from your self-custody wallet, with no KYC required.
Corporate actions are handled automatically on-chain, so your balance simply updates.
Verify the collateral backing bStocks here.
Because bStocks live on-chain, they can do things a traditional share never could. From day one, you can put your bStocks to work across DeFi on BNB Chain: lend on Venus and Lista DAO, trade on PancakeSwap, Aster, and more.
Why This Matters to You At Trust Wallet, we believe self-custody should mean access to everything — not just crypto.
Stocks are the most universally understood financial asset in the world, yet many people still lack simple, frictionless, around-the-clock access to them. Brokerage accounts, market hours, and settlement delays are the friction points that have kept traditional equities out of reach for too many. bStocks remove all of that.
We see this as the beginning of a much larger shift — one where stocks, bonds, real estate, and other traditional assets become as accessible and composable as tokens. bStocks are a step in that direction. They won't be the last.
bStocks Available NowToken Underlying Asset Contract TSLABTesla, Inc.0x5b19...292fCRCLBCircle Internet Group0x80f3...ffc0MUBMicron Technology, Inc.0xcdf2...2699SNDKBSanDisk Corporation0x3ee4...50fbNVDABNVIDIA Corporation0x02fc...7436View each contract on BscScan: TSLAB · CRCLB · MUB · SNDKB · NVDAB
More assets will be listed soon.
How to Access bStocks on Trust Wallet Open Trust Wallet and navigate to the "Markets" section.
Click on the "bStocks" list to view all the available bStocks.
Search for the specific token you want: NVDAB, TSLAB, or any available token.
Select your trading pair and review the quote.
Confirm the transaction. Your bStock balance appears instantly.
To convert to the underlying equity, use Binance's 1:1 conversion feature directly.
Frequently Asked Questions What are bStocks? Tokenized US equities on BNB Smart Chain, each backed 1:1 by the corresponding share held at a regulated custodian. They trade 24/7 as BEP-20 tokens and give you full economic exposure to the underlying stock, including price movements, dividends, and corporate actions, without directly holding the share itself.
What bStocks are available on day one? Five bStocks are live at launch: TSLAB (Tesla), CRCLB (Circle Internet Group), MUB (Micron Technology), SNDKB (SanDisk Corporation), and NVDAB (NVIDIA). More assets coming soon.
Who can use bStocks? Eligible users outside the United States and other restricted jurisdictions. US persons are not eligible. Geographic restrictions are enforced at the application layer. For the full list of geofenced regions, refer to the end of this article.
Do I need KYC or a brokerage account? No brokerage account required. Standard Trust Wallet verification requirements apply where relevant.
Are there any management or custodial fees? None. Zero commission, zero custody fees, zero management fees, zero conversion fees.
When can I trade? 24/7, including weekends and US market holidays. bStocks aren't bound by traditional market hours.
What's the difference between traditional stocks and bStocks? Traditional stocks trade during market hours, settle on T+1, and sit in a brokerage account. bStocks trade 24/7, settle near-instantly, and live in your self-custody wallet, giving you the same economic exposure to the underlying share without the need for a broker. Traditional stocks also confer full legal shareholder rights (e.g. voting) while bStocks confer mainly economic benefits such as price movements, dividends, and stock splits.
What's the difference between Binance Stocks and bStocks? Binance Stocks are real equity positions — real shares held in your Binance account, traded through Binance's regulated stock platform during market hours. bStocks are the on-chain equivalent: BEP-20 tokens backed 1:1 by real shares that give you full economic exposure to the underlying equity, tradeable 24/7 and accessible without a brokerage or Binance account. You can convert between the two at any time, 1:1, at no fee.
What's the difference between equity perpetuals and bStocks? Perpetuals are derivatives. You never hold the underlying asset or any claim on it. bStocks are backed 1:1 by real shares, pay dividends, adjust for stock splits, and can be converted to the actual equity at any time. The economic exposure is real, even if you're not holding the share directly.
Do I get dividends? Yes. Dividends are automatically reinvested into additional shares and reflected as an increase in your token balance. No action needed. Note: dividends are processed net of the standard 30% US withholding tax for non-US holders.
Do I get shareholder rights? bStocks give you full economic exposure to the underlying stock, including price movements, dividends, and automatic corporate action adjustments. They are not direct share ownership, so voting and other legal shareholder rights are not included.
Can I use bStocks in DeFi? Yes. As standard BEP-20 tokens with ERC-8056 support, bStocks are composable with compatible DeFi protocols. Venus Protocol, Lista DAO, Aster, and PancakeSwap (via PancakeSwapX) support them at launch.
How do I sell or swap my bStocks? Swap directly in Trust Wallet. To convert back to the underlying equity, use Binance's 1:1 conversion — free and available 24/7.
Start Accessing bStocks Today Real World Assets. Real exposure. No market hours, no brokerage account, no management fees.
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Disclaimer: bStocks are tokenized securities (FSMR para 92, ADGM prospectus, certificate classification) and governed solely by their terms. Trust Wallet makes no representations or guarantees thereof. bStocks are not available for purchase or sale in certain regions including the United States, the United Kingdom, or the European Union, and may not be offered, sold, or delivered to any “U.S. Person”. Asset prices may vary and are subject to market risk. This content is for general information purposes only and is not intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Always DYOR. . Subject to their Terms of Service and ours https://trustwallet.com/terms-of-service.
Join the Trust Wallet community on Telegram. Follow us on X (formerly Twitter), Instagram, Facebook, Reddit, Warpcast, and Tiktok
Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.
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Key HighlightsTrust Wallet Integration Opens New Channels for bStocks DistributionMajor Tech Stocks Enter Non-Custodial Wallet EcosystemTokenized Equities Gain Access to Decentralized Finance ProtocolsGet 3 Free Stock Ebooks Trust Wallet integration enables direct access to tokenized Tesla and Nvidia securities
Round-the-clock trading available for bStocks through BNB Chain network
Self-custody wallets now support tokenized representations of major US stocks
Initial launch features Tesla and Nvidia among five tokenized equities
Integration bridges traditional stock markets with decentralized finance protocols
Binance has taken its bStocks initiative into the self-custody realm by integrating tokenized versions of Tesla and Nvidia securities into Trust Wallet. This development provides qualified users with unmediated access to blockchain-based US equity tokens through BNB Chain infrastructure. The integration marks a significant step in Binance’s broader strategy to merge traditional securities with decentralized platforms.
Trust Wallet Integration Opens New Channels for bStocks Distribution Trust Wallet has incorporated support for bStocks, enabling users to interact with digitized representations of specific American securities. Qualified participants can now obtain these assets directly via the wallet interface without requiring conventional brokerage services. The implementation additionally enables direct token swaps using USDT as the base currency.
The initial asset selection encompasses TSLAB, NVDAB, CRCLB, MUB, and SNDKB. These digital tokens mirror the performance of Tesla, Nvidia, Circle Internet Group, Micron Technology, and SanDisk Corporation respectively. Additional asset classes are scheduled for integration following the completion of this preliminary deployment.
This release builds upon Binance’s ongoing tokenized equity initiative on BNB Chain infrastructure. The company unveiled bStocks on June 10 with comprehensive withdrawal capabilities to non-custodial wallet solutions. Trust Wallet integration now provides users with an additional pathway for direct asset management and utilization.
Major Tech Stocks Enter Non-Custodial Wallet Ecosystem The bStocks product delivers financial exposure to American equities through blockchain-native token mechanisms. These digital instruments mirror price fluctuations, dividend distributions, and corporate restructuring events from their corresponding securities. All corporate actions execute automatically without requiring manual user intervention.
Binance maintains a one-to-one reserve ratio between each token and its underlying equity through its brokerage infrastructure. The actual shares remain held within an Abu Dhabi-domiciled special purpose vehicle. This framework enables the token mechanism while establishing connectivity between publicly traded companies and BNB Chain.
The arrangement fundamentally alters user engagement with equity instruments. Participants can maintain TSLAB or NVDAB within Trust Wallet alongside cryptocurrency holdings. Additionally, they can execute transactions beyond traditional market operating hours since the tokens function within blockchain infrastructure.
Tokenized Equities Gain Access to Decentralized Finance Protocols The Trust Wallet integration provides bStocks with immediate connectivity to BNB Chain’s decentralized finance landscape. Users can exchange supported tokens through PancakeSwap and Aster platforms. They can also deploy them across credit protocols including Venus and Lista DAO.
This interoperability distinguishes the offering from traditional brokerage services. Participants can deploy tokenized securities throughout DeFi infrastructure while continuing to receive associated dividend payments. The architecture also maintains custody within user-controlled wallets rather than centralized platforms.
The rollout follows previous tokenized asset developments across BNB Chain. The xStocks platform introduced over 50 tokenized assets to the blockchain in April 2026. Binance separately launched commission-free trading for thousands of American stocks and ETFs for eligible international users.
bStocks now establish a more defined connection between equity markets and blockchain-based financial systems. The initial deployment focuses on five prominent corporations that already command substantial market attention. Future asset additions could significantly expand the function of tokenized securities throughout self-custody and decentralized finance environments.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
> Access SPCXB on Trust Wallet: Tokenized SpaceX Exposure, Onchain
AnnouncementsPublished on: Jun 13, 2026
Share postIn BriefSPCXB is live on Trust Wallet. Access tokenized exposure to SpaceX (SPCX) on BNB Chain, 24/7, directly from your self-custody wallet.
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What is SPCXB? SPCXB is a tokenized security on BNB Smart Chain designed to provide economic exposure to SpaceX (SPCX), now publicly listed on Nasdaq. Like all bStocks, SPCXB reflects the economic performance of the underlying stock, including price movements, dividends, and corporate actions, packaged as a standard BEP-20 token that trades 24/7 from your self-custody wallet.
SPCXB is backed by the corresponding underlying equity held through the bStocks structure. Corporate actions are handled automatically onchain, so your balance simply updates.
Verify the collateral backing bStocks [here].
Why This Matters SpaceX listed publicly on June 12, 2026, in the largest IPO in history. The same day, tokenized exposure to it became accessible onchain.
That is the shift bStocks represent. Traditional equities are bound by market hours, brokerage accounts, and settlement delays. bStocks remove that friction. SPCXB trades around the clock, settles near-instantly, and lives in a wallet you control.
At Trust Wallet, we believe self-custody should mean access to everything, not just crypto. SPCXB joining the bStocks lineup is another step in bringing real-world assets onchain. It will not be the last.
SPCXB Details Token: SPCXB
Underlying asset: Space Exploration Technologies Corp. (SPCX)
Contract: 0xbe9d156892e55e7154bcd3cb0fea677f9d3103e1 — View on BscScan
How to Access SPCXB on Trust Wallet Open Trust Wallet and navigate to the Markets section.
Click on the bStocks list to view all available bStocks.
Search for SPCXB.
Select your trading pair and review the quote.
Confirm the transaction. Your SPCXB balance appears instantly.
To convert to the underlying equity, use Binance's 1:1 conversion feature directly.
Frequently Asked Questions Is SPCXB actual SpaceX stock? No. SPCXB is a tokenized security that provides economic exposure to SpaceX shares, including price movements, dividends, and corporate action adjustments. It is backed 1:1 by the corresponding share held at a regulated custodian, but it is not direct share ownership, and voting and other legal shareholder rights are not included.
Who can use SPCXB? Eligible users outside the United States and other restricted jurisdictions. US persons are not eligible. Geographic restrictions are enforced at the application layer. For the full list of geofenced regions, refer to the end of this article.
Do I need KYC or a brokerage account? No brokerage account required. Standard Trust Wallet verification requirements apply where relevant.
Are there any management or custodial fees? None. Zero commission, zero custody fees, zero management fees, zero conversion fees.
When can I trade? 24/7, including weekends and US market holidays. bStocks are not bound by traditional market hours.
Do I get dividends? Yes. Dividends are automatically reinvested into additional shares and reflected as an increase in your token balance. No action needed. Note: dividends are processed net of the standard 30% US withholding tax for non-US holders.
What is the difference between equity perpetuals and SPCXB? Perpetuals are derivatives. You never hold the underlying asset or any claim on it. SPCXB is backed 1:1 by real shares, pays dividends, adjusts for stock splits, and can be converted to the actual equity at any time. The economic exposure is real, even if you are not holding the share directly.
Can I use SPCXB in DeFi? Yes. As a standard BEP-20 token with ERC-8056 support, SPCXB is composable with compatible DeFi protocols, including Venus Protocol, Lista DAO, Aster, and PancakeSwap (via PancakeSwapX).
How do I sell or swap SPCXB? Swap directly in Trust Wallet. To convert back to the underlying equity, use Binance's 1:1 conversion, free and available 24/7.
Start Accessing SPCXB Today Real World Assets. Real exposure. No market hours, no brokerage account, no management fees.
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Disclaimer: SPCXB is a tokenized security (FSMR para 92, ADGM prospectus, certificate classification) and governed solely by its terms. Trust Wallet makes no representations or guarantees thereof. SPCXB is not available for purchase or sale in certain regions including the United States, the United Kingdom, or the European Union, and may not be offered, sold, or delivered to any "U.S. Person". Asset prices may vary and are subject to market risk. This content is for general information purposes only and is not intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Always DYOR. Subject to their Terms of Service www.bstocks.finance and ours https://trustwallet.com/terms-of-service.
Join the Trust Wallet community on Telegram. Follow us on X (formerly Twitter), Instagram, Facebook, Reddit, Warpcast, and Tiktok
Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.
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Five tokenized U.S. stocks are currently accessible at the time of launch. From the very beginning, users will be able to put their bStocks to use throughout the whole DeFi ecosystem of BNB Chain. Through a self-custodial experience, Trust Wallet, the premier self-custody cryptocurrency wallet in the world, has announced that it will now offer bStocks. This will provide users with direct access to tokenized U.S. stocks on BNB Chain. It is now possible for customers who meet the requirements to access tokenized securities around the clock, straight from their wallets, and without the need for a conventional brokerage account.
Five tokenized U.S. stocks are currently accessible at the time of launch. These securities are TSLAB (Tesla), CRCLB (Circle Internet Group), MUB (Micron Technology), SNDKB (SanDisk Corporation), and NVDAB (NVIDIA). Additional assets are expected to be released in the near future. Through the use of USDT, users are able to instantly convert into bStocks inside Trust Wallet.
The bStocks are tokenized securities that are hosted on the BNB Chain. They provide economic exposure to U.S.-listed shares by automatically processing price changes, dividends, and stock splits. The user is not needed to take any action in order to get this exposure.
From the very beginning, users will be able to put their bStocks to use throughout the whole DeFi ecosystem of BNB Chain. This includes lending on Venus and Lista DAO, trading on PancakeSwap and Aster, and more. All of this will be possible as they continue to receive dividends on the underlying security. We respect the self-custodial architecture of Trust Wallet, therefore there is no need for Know Your Customer.
On the addition of bStocks, Felix Fan, CEO of Trust Wallet, said:
“Stocks are one of the most popular financial assets in the world, and yet for too many people, the barriers to accessing them are still enormous. bStocks on Trust Wallet is a meaningful step toward removing those barriers – direct access to tokenized U.S. securities, 24/7, self-custodied, and composable across DeFi. And this is just the beginning, bStocks won’t be the last step in that direction.”
The arrival of bStocks is Trust Wallet’s most recent foray into the realm of real-world assets onchain. Trust Wallet is now in the process of developing the self-custody interface in order to facilitate the accessibility of tokenized stocks and other conventional financial instruments as they continue to migrate onto public blockchain blockchains. The Trust Wallet platform is now offering bStocks to users that meet the requirements.
Disclaimer
Please note that Stocks Tokenized Securities are categorized as Certificates that represent certain Financial Instruments (according to paragraph 92 of Schedule 1 to FSMR). By definition, bStocks are not stocks or shares, and holders of bStocks are not permitted to directly own a share or stock in the firm that is listed as the underlying corporation. It is only in the ADGM that stocks are made available for purchase via an Approved Prospectus; they are not made available in any other jurisdiction. Securities that have been tokenized are only offered on a secondary market basis to users who are qualified and who reside in areas that are authorized. Legal, regulatory, operational, sanctions, tax, market, or risk-control factors may cause changes in product availability at any moment. These changes may occur for a variety of reasons. Once you have passed an eligibility check, you do not automatically have the right to continue using the service. Those terms are not within Trust Wallet’s control, and the company does not make any promises or assurances about them. bStocks are not accessible for purchase or sale in specific locations, such as the United States of America, the United Kingdom, or the European Union.
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PANews, June 17 – According to official sources, the decentralized trading protocol Aster has announced a welcome campaign with a prize pool of $100,000. New users need to complete a deposit and execute a trade of any amount on Aster Perpetuals to be eligible to share an equal portion of $100,000 worth of BonusUSD. The campaign runs from June 17, 2026, 18:00 (UTC+8) to June 24, 22:00 (UTC+8). This campaign is open only to new Aster users, excluding market makers. Additionally, only trades executed on eligible trading pairs through Aster Perpetuals during the campaign period will be counted, including via Binance Wallet, Trust Wallet, and other supported channels. Rewards will be distributed within 14 business days after the campaign ends.
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
3 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
Metahero (HERO), the BSC-based native token of the Metahero ecosystem, begins the month of July on bullish grounds after witnessing a 25% drop in June due to the prevalent market retracement.
Unlike July, HERO started June with bearish pressure, witnessing three consecutive days of turbulence at the beginning of the month on the back of a downtrend that spilled from May. This was largely due to the overall bearish conditions in the market, which saw Bitcoin (BTC) give up most of its March gains.
Launched in 2021, the HERO token is crucial to the Metahero ecosystem, granting holders special access and benefits. As a utility token, HERO supports transactions on the ecosystem’s NFT marketplace and royalty payments. It boasts a deflationary model, which reduces its supply over time and bolsters scarcity.
On June 21, Metahero announced the launch of its phone application where users could create and customize their avatars, and manage their HERO holdings.
The token’s June downtrend persisted throughout the month, leading to the 25.21% collapse. This marked the HERO’s third straight losing month, following a 19.92% drop in May and a 26.92% collapse in April. These declines have pushed it into a 34% slump year-to-date despite the gains witnessed in February and March.
Now, with the broader market gearing up to stage a rebound in July, HERO is already displaying strength. Notably, the asset’s Relative Strength Index (RSI) has since recovered following the collapse to the oversold zone at 27.78 on June 28.
HERO’s bullish momentum began on June 29 following the drop in RSI. The token has now recorded two consecutive intraday gains, looking to seal another daily increase today. Historically, the month of July has been generally bullish for HERO despite declines in the last two instances.
According to market data from CryptoRank, HERO boasts an average gain of 21.2% in July over the past three years. This indicates that, based on average returns, July is the asset’s fourth most bullish month, behind September (60%), October (34.5%) and November (25.6%).
HERO price – July 1 | Source: CoinMarketCap HERO is trading at $0.002434 at the reporting time, up 2.66% over the last three days. The asset is still down 65% from its yearly peak of $0.007036 during the market uptrend in March. Metahero has seen a 10% increase in volume over the last 24 hours to $679,000.
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Bitcoin, the largest cryptocurrency asset, could be set for positive movement once again. Recent developments around Coinbase Premium spark the potential for a short-term rally, suggesting a positive outlook for BTC in the upcoming weeks.
Short-Term Rally For Bitcoin On The Horizon The Coinbase Premium, a key indicator that measures BTC’s price differences on the Coinbase platform and other cryptocurrency exchanges, is displaying a possible optimistic movement for Bitcoin’s price in the near term. This implies institutional investors in the United States are heavily purchasing the crypto asset, indicating rising demand and bullish sentiment in the US market, which could cause a short-term upswing for BTC as these investors seeks to capitalize on its growing strength.
Yonsei Dent, a market expert and enthusiast, reported the development in a recent quicktake post on the leading on-chain analytics platform, CryptoQuant. The expert predicts that a brief leg up may be imminent after analyzing the Coinbase Premium Index on the 1-hour time frame and using the 24-hour and weekly moving averages to identify short-term momentum.
Following the thorough investigation, Dent discovered that when the daily moving average decisively broke through the weekly moving average, significant results were also seen in the price movement.
Coinbase Premium hinting at a short-term upsurge for BTC | Source: CryptoQuant on X Considering past movements in Bitcoin, the expert highlighted that there was also a short-term rise in price when BTC attempted to create a golden cross. This is due to the fact that notable price movements have historically occurred immediately after the 1-day moving average forms a golden cross, which takes place when it strongly crosses over the weekly moving average.
In addition, the weekly moving average has been momentarily overtaken by the current daily moving average, with the current price positioned at the $66,400 level, a section where support for the September high might be anticipated, as indicated by the black arrow on the chart.
As a result, Yonsei Dent anticipates the market will develop a clear rising structure as long as the higher highs and lows, where the lows and highs have progressively increased since August, continue.
A Possible Price Correction For BTC While the Coinbase premium may flash an impending short-term rally, Kyle Doops, a technical analyst and host of the Crypto Banter show has pointed out a potential price correction for the flagship digital asset in the coming days. Kyle Doops’s pessimistic forecast is based on an analysis of Bitcoin‘s quarterly performance by contrasting its market capitalization with its realized cap, which revealed crucial patterns for the market.
After examining the metric, the expert warned of possible selling pressure and bearish signals should the market cap growth surpass the realized cap. However, a steady realized cap during downturns may suggest market bottoms. “With trends echoing 2021, a price correction might be on the horizon,” he added.
BTC trading at $67,124 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com
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Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.
A massive, "everything bubble" will burst in 2025, resulting in a crash and possibly a depression.
“I can tell you one thing: bubbles never, ever end well. There’s no way to go from [an] extreme bubble and have a soft landing. Now, that’s what seems to be happening right now, and we’ll see. But I tell people, give [it until] 2025,” Dent told Fox News Digital.
The Details: Dent said the current market rally, which has sent Bitcoin and the SPDR S&P 500 (NYSE:SPY) to new all-time highs following the election of Donald Trump, will not last long.
Wall Street and retail investors are “going along” with the post-election rally, but Dent said being in the current market is like being on the Titanic.
“When everybody gets on the boat, that's when the Titanic sinks,” he said. “So I think everybody’s in the boat about now.”
Read Next: Sustainable Investment Under Trump: ‘Performance Matters Far More Than Politics,’ JPMorgan Analyst Says
The economist expects Trump’s fiscal policies will not be enough to prevent a cyclical crash because the underlying economic issues are tied more to private debt than federal debt.
Dent estimates that total private sector debt in the U.S. is around $630 trillion and growing at a rate five times faster than global gross domestic product. The “trillion-dollar question” is when the downturn begins, and Dent predicts a crash in mid-2025.
“So I think the next few years is likely to be ugly. The question mark is, when does the darn thing start?” Dent said. “I think the central banks know this better than anybody. They just can’t say it because they don’t want to scare anybody.”
“Bitcoin, I see going up to $800,000 to $1 million by 2037 to ’40. So I’ve got a long way to go," Dent said.
Read Next:
Bitcoin Miners Hive Digital, Hut 8, Bitfarms To Report Earnings As Future Of Crypto ‘Has Never Been Brighter’ Image: Eivind Pedersen from Pixabay
Market News and Data brought to you by Benzinga APIs
Avalanche is among the top gainers, looking at the formation in the daily and weekly charts. After the dip in the better part of H1 2024, AVAX prices are beginning to look up.
Last week, AVAX Avalanche AVAX $6.24 2.03% broke $30 for the first time since September, a milestone for bulls.
As buyers target $90 in the coming weeks, analysts are concerned whether the rally of early November 2024 will continue.
$AVAX is about to break through the $37 wall and once it does, the next stop will be towards $50. This will absolutely send $COQ$AVAX has its biggest enhancement since launch, AVAX9000, going into testnet this month and will be live within 90 days.
Once $AVAX makes its move,… pic.twitter.com/owSeCRYKA0
— Grronk (@0xGrronk) November 18, 2024
AVAX Price Rallying: Will This Token Unlock Slow Bulls? Earlier today, the foundation unlocked 1.67 million AVAX worth roughly $60 million.
While the release is significant, especially for early investors, the team, and any stakeholders who might be looking to cash in on the leg up, it could negatively affect the AVAX market dynamics.
To understand why, it should be clarified that every token unlocking event is scheduled.
In the case of Avalanche, the foundation chooses to vest and release tokens depending on the stakeholder.
For example, the foundation received a bulk portion in the first three months before a linear unlock system was employed in December 2020.
26.67 million AVAX will be released quarterly for 114 months, with the last release in July 2030.
While token unlocks automatically increase supply, exerting downward pressure on prices, in this case, AVAX, something exciting about the current stake of AVAX unlocking is emerging.
All tokens have been distributed to investors, the community, and other strategic partners, looking at CryptoRank data.
(Source)
The foundation is the only entity receiving tokens, which will continue until July 2030.
Every three months, 1.67 million AVAX will be released, regardless of market conditions.
Since tokens are in the hands of the foundation, not investors, the probability of them dumping and slowing down bulls is low–a net positive.
What’s more?
Avalanche has released 65% of its 720 million AVAX into circulation, leaving 245.34 million tokens locked.
(Source)
EXPLORE: Tether Launches Hadron Platform for Simplified Asset Tokenization: Here Are 3 RWA Tokens You Should Be Eyeing
Avalanche Bulls Confident: Is $50 AVAX Price on The Cards? Considering this development and the fact that the foundation will hold a large portion of unlocked coins, the project’s creators, AVAX, will likely continue expanding.
A breakout above $40 and beyond the consolidation of the past week will lay the foundation for AVAX to nearly double and rise to March 2024 highs of nearly $70.
(AVAXUSDT)
The pace of this expansion depends partly on the success of Bitcoin bulls. If the world’s most valuable coin breaks $100,000, altcoins like AVAX will also benefit from the momentum. In that case, bulls will confirm the leg-up of early November, lifting sentiment and prices to fresh Q4 2024 highs.
In the medium to long term, the release of the Avalanche 9000 upgrade will catalyze AVAX demand.
Avalanche 9000 will simplify the launching of chains on the mainnet by reducing validator costs and introducing other vital changes.
Besides eliminating the need for users to stake 2,000 tokens to run a validator node, those who want to help secure the network will now be paying at most 10 AVAX per month, reducing upfront costs.
EXPLORE: Italy Scales Back Crypto Tax Hike, Proposing 28% Capital Gains Levy
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Bitcoin (BTC) has been trading within a narrow range for the past few weeks, failing to steady above the $100,000 mark since the beginning of the year.
According to a crypto analyst, this price stagnation could be attributed to the significant decline in Bitcoin network activity.
Bitcoin Sees Decline in Network ActivityIn a recent report, pseudonymous CryptoQuant analyst Yonsei_Dent found that the decline in activity on the Bitcoin network is responsible for its price consolidation in recent weeks.
Dent assessed Bitcoin’s active address count and found that a “death cross” has formed between its 30-day moving average (30DMA) and the 365-day moving average (365DMA), signaling a slowdown in market activity.
This pattern suggests that short-term investor engagement is waning as the shorter-term trend (30DMA) dips below the longer-term trend (365DMA). This points to a decrease in trading and participation on the network over the near term.
“Historically, similar patterns in Active Addresses have often coincided with bearish market conditions, making this a potentially negative indicator,” he explained.
Bitcoin Network Activity. Source: CryptoQuantAs expected, the decline in active address count on the Bitcoin network has impacted the daily transaction count on the Layer-1 blockchain. Per Dent’s report, “transaction count has been declining since Q4 2024, further reinforcing the likelihood of mid- to long-term market stagnation.”
BTC Price Prediction: Bullish Setup Could Trigger Price Surge Above $102,000 Since December 19, Bitcoin has faced resistance at $102,722 and found support at $91,431. An assessment of its moving average convergence divergence (MACD) hints at a potential break above the resistance in the near term. At press time, the coin’s MACD line (blue) rests above its signal line (orange).
BTC MACD. Source: TradingViewThis indicator measures an asset’s price trends and momentum and identifies its potential buy or sell signals. When it is set up this way, bullish momentum is strengthening. It suggests that buying pressure is increasing and that BTC’s price could surge.
A succesful break above the $102,722 resistance level would propel BTC’s price toward its all-time high of $108,230.
BTC Price Analysis. Source: TradingViewA failed attempt to breach this resistance could send it toward support at $91,431. If the bulls fail to defend this level, BTC’s price could drop to $86,531.
Bitcoin price and equities are dropping amid Trump’s tariffs. With reciprocal tariffs, stock and futures are falling rapidly, wiping out over $3.1 trillion in 48 hours. Meanwhile, the BTC Bull presale has raised over $4.4M while offering 95% APY staking rewards.
The Bitcoin and crypto markets remain under intense selling pressure at press time. After two days of tumultuous selling, the world’s most valuable coin is trading below $85,000. A bounce to $88,500 was quickly countered by sellers who took advantage of higher prices to sell, reaping significant profits from their activity.
Bitcoin Price and Altcoins Slump as Crypto Liquidation Spikes According to Coingecko, the total crypto market is down 2.5% to $2.75 trillion. Bitcoin, Ethereum, Cardano, Solana, XRP, and some of the best cryptos to buy are still struggling for momentum.
Notably, Ethereum is trending below $2,000, down nearly 6% in the past week of trading but still outperforming XRP, down 9% in the same period.
The biggest loser in the top 10 is Solana, down 13%, closely followed by Dogecoin. Interestingly, Tron is the top performer, turning green over the past seven trading days and wriggling back into the top 10.
Data from Coinglass reveals that over $110 million of Bitcoin and Ethereum long positions were closed on multiple perpetual exchanges, mainly Binance and Bybit.
Over $240 million of leveraged longs were liquidated, and over 108,000 traders were liquidated. The single largest liquidation order was recorded on Bybit, where a $3.25 million BTCUSDT position was closed.
Markets Digesting Impact of Trump’s Tariffs Stability at the moment could be the calm before the storm. On a positive note, it also signals strength and hope that crypto assets could become fluid alternatives that are useful as a store of value.
On April 2, Donald Trump announced reciprocal tariffs on several countries, including allies in Europe, Africa, and Asia. The shockwaves from America’s “Liberation Day” reverberated through financial markets, specifically wreaking havoc on equities and wiping trillions from some of the leading technology firms.
Apple, Nvidia, Alphabet, and other top technology companies have been down double digits over the last week, posting massive market cap losses. Within two days, it is estimated that equities in the United States lost over $3.1 trillion, and the figure could rise if Donald Trump remains adamant.
US stocks lose roughly $3.1 trillion in market value, their largest one-day decline since March 2020, a day after Trump announced new tariff plan that is billed to trigger global retaliation.
TRT World's Frank Ucciardo has more from Wall Street, New York pic.twitter.com/XwDkPydB20
— TRT World Now (@TRTWorldNow) April 4, 2025
BTC Bull Presale: A New Opportunity? Amid this market uncertainty, savvy investors are diversifying and actively exploring fresh opportunities.
They note that the BTC Bull presale is one of the hottest presales to consider in 2025.
In its viral presale, the project has raised over $4.4 million.
The interest lies in its unique approach.
BTC Bull aims to blend the appeal of meme coins with the potential of Bitcoin.
At key Bitcoin price milestones, they will distribute free BTC to BTCBULL holders. There will also be a token-burning plan to ensure BTCBULL is deflationary.
Free BTC will be airdropped once Bitcoin reaches $150,000. More free coins will follow at $200,000 and $250,000.
Meanwhile, BTCBULL token burning starts when Bitcoin hits $125,000, and after every $25,000 increment, the project will remove more tokens from circulation.
Currently, BTCBULL is trading at $0.002445; you can buy it using USDT, Ethereum, or even bank cards. Although you can purchase directly from the homepage, analysts recommend using the Best Wallet app.
Afterward, you can stake and receive a 95% APY, a superior yield that allows early investors to earn passive income.
VISIT BTCBULL HERE
DISCOVER: Top Solana Meme Coins 2025: 7 Best Buys Updated
Bitcoin Price, Equities Crash on Trump Tariffs, BTC Bull Presale Trending Bitcoin price stuck below $85,000 as Trump tariffs weigh down markets Crypto liquidation spikes in 48 hours, over $240 million leveraged positions closed Trump tariffs wipe over $3 trillion from U.S. equities BTC Bull presale raises over $4.4 million. BTCBULL staking offers 95% APY #Presales
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Shiba Inu has witnessed a dramatic spike in its burn rate over the past 24 hours, according to data from Shiba Inu burn tracker Shibburn.com. The total number of tokens sent to burn addresses surged by over 1,800% during this period, marking one of the most notable increases in recent weeks.
The spike in SHIB burns is coming as the Shiba Inu price is attempting to stabilize above the $0.000013 price level. However, despite the short-term surge in token burning, the scale of the burn is insignificant when placed beside the meme coin’s massive total supply.
Shiba Inu Burn Activity Spikes Suddenly Data from Shiba Inu burn tracker Shibburn shows that 4,578,466 SHIB tokens were sent to burn addresses in the past 24 hours, which represents a 1869% increase from the previous 24-hour timeframe. Interestingly, the majority of the tokens burned in the latest cycle came from just two large transactions.
The first involved the movement of 3,295,542 SHIB tokens to a designated burn wallet known as CA. Two hours later, a second transaction saw another 1,173,708 tokens sent into a separate address labeled BA-2.
Source: Chart from Shibburn On-chain data links both transactions to a wallet identified as “0xa9d1,” which is tied to the Coinbase10 label. This means that the burns may have been executed by a user on the Coinbase crypto exchange. Combined, the two burns amounted to 4,469,520 SHIB tokens and were primarily responsible for the 1,869% jump in the daily burn rate.
Shiba Inu’s Large Supply Still Far Ahead Although the number of SHIB burned in the past 24 hours is a lot, it is actually small compared to the amount of SHIB burned during periods of high activity surrounding Shiba Inu. Also, it barely makes a dent in the circulating supply of Shiba Inu.
The numbers show a 1,800% spike in 24 hours, but the impact of the burn is somewhat negligible in the grand scheme of SHIB’s supply structure. Shiba Inu was created with a total supply of 999.9 trillion SHIB tokens. Of this total supply, 410.7 trillion SHIB has been burned and removed from circulation, meaning there are still 589.9 trillion SHIB in total supply.
Out of this total supply, only 4.7 trillion SHIB tokens are currently staked, meaning that there are presently about 584.5 trillion SHIB tokens in circulation. When placed next to such a massive figure, the 4.58 million burned in the past 24 hours is barely noticeable both numerically and in terms of price effect. For SHIB’s supply to reduce meaningfully enough to influence price over time, far larger and more sustained burns would need to occur.
At the time of writing, Shiba Inu is trading at $0.00001272, down by 4.9% in the past 24 hours.
SHIB trading at $0.000012 on the 1D chart | Source: SHIBUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
Bitcoin is trading just under $119,000, with new on-chain data suggesting the current market cycle may be nearing its top, arriving as soon as late August or early September.
Summary
Bitcoin’s MVRV 365DMA shows a pattern similar to the 2021 double-top, indicating a possible peak by late August. Macro tailwinds and Fed expectations are supporting price momentum. Technical indicators show consolidation, with room for both breakout and pullback scenarios. In a July 28 analysis, CryptoQuant contributor Yonsei Dent pointed to the MVRV Ratio’s 365-day moving average as the key signal to watch. The MVRV Ratio compares Bitcoin’s (BTC) market price to the average cost at which all coins were last moved, helping to show how much profit holders are sitting on.
According to Dent, the indicator is approaching a level that previously marked major cycle tops. “In 2021, the MVRV 365DMA formed a double top. The second peak came about six months after the first and lined up closely with the bull market top,” he wrote.
A similar structure seems to be unfolding now, with the second peak likely to form around September 10, although the price top could arrive sooner, possibly in late August.
Despite being a lagging indicator, MVRV has a good history of identifying regions where the market gets overheated. Dent said this is a time for both optimism and caution, and that traders should focus on managing risk.
U.S.-EU trade deal boosts crypto market sentiment Sentiment improved over the weekend after the U.S. and EU reached a trade deal, pushing Bitcoin back towards $119,000. Tariffs on European goods will drop from 30% to 15%, while Europe has committed to buying $750 billion in U.S. energy and investing in joint infrastructure projects. The news helped lift both stocks and crypto.
Traders are now focused on this week’s Federal Reserve meeting. Rates are expected to stay unchanged at 4.25%–4.50%, but markets will be listening for any hints of rate cuts later this year. If the Fed leans dovish, risk assets like Bitcoin could benefit.
Bitcoin technical analysis Bitcoin is still consolidating, hovering just below the psychological $120,000 mark. Although the Bollinger Bands indicate that volatility is tightening, price action has remained above the 20-day moving average.
Bitcoin daily chart. Credit: crypto.news With the relative strength index down to roughly 61, momentum appears to be cooling but not necessarily reversing. The current setup permits a short pullback before any additional upward movement, though a breakout is still possible.
Bitcoin may rise toward $125,000 if it surpasses $120,000. However, there could be a decline to the $114,000 range if support at $117,899 fails to hold.
Cryptocurrencies rallied with a U.S. September rate cut still seen likely. (Dan Thornberg/Shutterstock)Summary
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By Omkar Godbole (All times ET unless indicated otherwise)
Two years ago, I posted on X that the new normal for U.S. inflation in the post-COVID world is much higher than the Federal Reserve’s 2% target. The market’s reaction to Tuesday’s hotter-than-expected U.S. core CPI report suggests a growing number of investors now share that view.
The data for July showed that annualized core CPI topped the 3% mark for the first time, primarily due to the effects of President Trump's tariffs. The Fed has only once cut interest rates when core inflation was above 3%.
Even so, bitcoin BTC$61,579.60 rose by over 1% on Wednesday, and ether, often envisaged as an internet bond, jumped by over 8%. U.S. stocks also rallied as traders seemingly disregarded the inflation number and continued to price in a September rate cut.
This dynamic suggests that the 2% inflation target is likely dead. The U.S. Treasury Secretary said Tuesday that the Fed should consider a 50 basis-point cut in September.
This scenario is bullish for assets with inflation-hedge appeal, such as bitcoin and gold, as it implies that central banks are willing to overlook higher inflation to cut rates.
BTC recently traded near $120,000, while gold remained lackluster between $3,300 and $3,400. Several alternative cryptocurrencies posted gains in excess of 10% as retail investors flocked to cheaper coins.
"Bitcoin's current rally reveals a structural shift in crypto market participation that could define this cycle," Will K, CEO of decentralized trading platform VOOI and Co-Founder of Symbiosis.Finance, told CoinDesk. "While institutions gained exposure through ETFs, retail traders are quietly returning to DeFi platforms that have removed previous barriers to entry."
This dual-sided crypto adoption has changed the market composition, where institutional capital flows through regulated products and sophisticated retail re-engages through evolved decentralized infrastructure.
"Traders are no longer choosing between traditional and decentralized markets, they're using both simultaneously," K said.
Speaking of adoption, USDC issuer Circle unveiled its stablecoin-focused layer 1 blockchain, Arc. The blockchain focus on financial transactions: payments, currency exchange and capital markets. Nasdaq-listed ALT5 Sigma completed a $1.5 billion registered direct offering and private placement led by World Liberty Financial.
In traditional markets, the MOVE index, which measures implied volatility in U.S. Treasury notes, fell to its lowest level since January 2022. The continued decline supports easing of financial conditions and increased risk-taking in financial markets. Stay alert!
What to WatchCryptoAug. 13, 9:30 a.m.: Shares of Bullish, the parent company of Bullish Exchange and CoinDesk, begin trading on the NYSE under ticker BLSH. The shares were priced at $37 each, with 30 million on offer to raise $1.1 billion and value the company near $5.4 billion.Aug. 15: Record date for the next FTX distribution to holders of allowed Class 5 Customer Entitlement, Class 6 General Unsecured and Convenience Claims who meet pre-distribution requirements.Aug. 18: Coinbase Derivatives will launch nano SOL and nano XRP U.S. perpetual-style futures.Aug. 20: Qubic (QUBIC), the fastest blockchain ever recorded, will undergo its first yearly halving event as part of a controlled emission model. Although gross emissions remain fixed at one trillion QUBIC tokens per week, the adaptive burn rate will increase substantially — burning some 28.75 trillion tokens and reducing net effective emissions to about 21.25 trillion tokens.MacroAug. 13: A series of virtual meetings involving European leaders, Ukrainian President Zelenskyy, NATO chief Mark Rutte, U.S. President Donald Trump and U.S. Vice President J.D. Vance among others to coordinate Ukraine support, apply pressure on Russia and discuss peace talks.Aug. 13, 3 p.m.: Argentina’s National Institute of Statistics and Census releases July consumer price inflation data.Inflation Rate MoM Est. 1.8% vs. Prev. 1.6%Inflation Rate YoY Est. 36.6% vs. Prev. 39.4%Aug. 14, 8:30 a.m.: The U.S. Bureau of Labor Statistics releases July producer price inflation data.Core PPI MoM Est. 0.2% vs. Prev. 0.0%Core PPI YoY Est. 2.9% vs. Prev. 2.6%PPI MoM Est. 0.2% vs. Prev. 0%PPI YoY Est. 2.5% vs. Prev. 2.3%Aug. 14, 7 p.m.: Peru's central bank announces its monetary policy decision.Reference Interest Rate Est. 4.5% vs. Prev. 4.5%Aug. 14, 10 p.m.: El Salvador's Statistics and Census Office, which is part of the Central Reserve Bank of El Salvador, releases July consumer price inflation data.Inflation Rate MoM Prev. 0.32%Inflation Rate YoY Prev. -0.17%Aug. 15: U.S. President Donald Trump and Russian President Vladimir Putin will meet in Alaska to discuss potential peace terms for the ongoing war in Ukraine.Aug. 15, 12 p.m.: Colombia's National Administrative Department of Statistics (DANE) releases Q2 GDP growth data.GDP Growth Rate QoQ Prev. 0.8%GDP Growth Rate YoY Est. 2.6% vs. Prev. 2.7%Earnings (Estimates based on FactSet data)Aug. 14: KULR Technology Group (KULR), post-marketAug. 15: Sharplink Gaming (SBET), pre-marketAug. 15: BitFuFu (FUFU), pre-market, $0.07Aug. 18: Bitdeer Technologies Group (BTDR), pre-market, -$0.12Token EventsGovernance votes & callsCompound DAO is voting to appoint ChainSecurity and Certora as joint security provers, with ZeroShadow handling incident response under a $2 million, 12-month COMP-streamed budget starting Aug. 18. Voting ends Aug. 13.Aavegotchi DAO is voting on a Bitcoin Ben’s Crypto Club Las Vegas sponsorship: a $1,000/month corporate membership (logo on sponsor wall, team access, newsletter feature, one branded meetup/month) or a $5,000, 90-day Graffiti Wall mural with promo. Voting ends Aug. 23.Aug. 14, 10 a.m.: Lido to host a tokenholder update call.Aug. 14, 10 a.m.: Stacks to host a townhall meeting.UnlocksAug. 15: Avalanche (AVAX) to unlock 0.33% of its circulating supply worth $41.92 million.Aug. 15: Starknet STRK$0.03163 to unlock 3.53% of its circulating supply worth $18.22 million.Aug. 15: Sei (SEI) to unlock 0.96% of its circulating supply worth $18.7 million.Aug. 16: Arbitrum (ARB) to unlock 1.8% of its circulating supply worth $44.79 million.Aug. 18: Fasttoken (FTN) to unlock 4.64% of its circulating supply worth $91.6 million.Aug. 20: LayerZero (ZRO) to unlock 8.53% of its circulating supply worth $60.41 million.Aug. 20: Kaito (KAITO) to unlock 8.82% of its circulating supply worth $28.95 million.Token LaunchesAug. 13: Overlay (OVL) to be listed on Binance Alpha, Gate.io, WEEX, Ourbit, MEXC, BYDFi, and others.ConferencesThe CoinDesk Policy & Regulation conference (formerly known as State of Crypto) is a one-day boutique event held in Washington on Sept. 10 that allows general counsels, compliance officers and regulatory executives to meet with public officials responsible for crypto legislation and regulatory oversight. Space is limited. Use code CDB10 for 10% off your registration through Aug. 31.
Day 3 of 3: AIBB 2025 (Istanbul)Day 3 of 7: Ethereum NYC (New York)Day 1 of 2: CryptoWinter ‘25 (Queenstown, New Zealand)Aug. 15: Bitcoin Educators Unconference (Vancouver)Aug. 17-21: Crypto 2025 (Santa Barbara, California)Aug. 18-21: Wyoming Blockchain Symposium 2025 (Jackson Hole)Token TalkBy Shaurya Malwa
OKB surged to a record $142 (+200%) after OKX announced a permanent supply cut to 21M tokens — one of the largest in its history — alongside a “PP upgrade” to its Polygon-powered X Layer chain.The upgrade boosts throughput to 5,000 TPS, cuts gas fees to near zero and adds gasless USDT withdrawals. OKX will also decommission OKTChain, halting OKT trading on Aug. 13 and converting balances to OKB from Aug. 15.Eden Network is shutting down all services, including Eden RPC and Bundles, citing unprofitable competition in the MEV relay and block-building space.Starting in 2021 to optimize MEV revenue for miners and validators, Eden saw early success but lost ground post-Merge as the market consolidated around a few operators.FARTCOIN rose 17% as whale wallets with $1M+ in holdings increased supply by 2% over 24 hours, while “smart money” addresses boosted holdings by 3%.MACD momentum on the daily chart is bullish, with the token eyeing a breakout above $1.74 if buying persists. Key support sits at $0.74 if momentum fades.Derivatives PositioningEther's (ETH) price rise is accompanied by fresh capital inflows into CME-listed futures, where open interest in standard contracts sized at 50 ETH has increased to 1.85 million ETH, up from 1.5 million ETH just over a week ago.Traders appear to be positioning for an upside as the annualized three-month basis has topped 10%. In bitcoin's BTC$61,579.60 case, CME basis remains near 7.5%.The altcoin market shows no signs of overheating despite ether surging toward record highs. That's evident from perpetual funding rates on offshore exchanges, which remain pinned near annualized 10% for most major tokens.Open interest in privacy-focused Monero (XMR) rose to the highest level since December, as the token's price dropped to $245, the lowest since April. The data indicate that traders sold the rally to profit from the price drop.On Deribit, ether traders chased calls at strike $5,000 and higher in a sign of bullish market sentiment. ETH calls traded at a premium relative to puts across all tenors. Still, ether's 30-day implied volatility index, ETH DVOL, remained pinned in recent ranges around 70%.BTC's implied volatility also remained relatively steady. Flows on the OTC network Paradigm featured demand for higher-strike OTM calls, particularly the $ 160,000 strike.Market MovementsBTC is down 0.1% from 4 p.m. ET Tuesday at $120,049.72 (24hrs: +1.46%)ETH is up 1.59% at $4,691.83 (24hrs: +9.76%)CoinDesk 20 is up 1.28% at 4,370.33 (24hrs: +7.11%)Ether CESR Composite Staking Rate is up 5 bps at 2.97%BTC funding rate is at 0.0196% (21.462% annualized) on KuCoinDXY is down 0.45% at 97.66Gold futures are up 0.48% at $3,415.20Silver futures are up 1.64% at $38.62Nikkei 225 closed up 1.30% at 43,274.67Hang Seng closed up 2.58% at 25,613.67FTSE is up 0.14% at 9,160.17Euro Stoxx 50 is up 0.76% at 5,376.35DJIA closed on Tuesday up 1.10% at 44,458.61S&P 500 closed up 1.13% at 6,445.76Nasdaq Composite closed up 1.39% at 21,681.90S&P/TSX Composite closed up 0.53% at 27,921.26S&P 40 Latin America closed up 1.82% at 2,696.80U.S. 10-Year Treasury rate is down 3.9 bps at 4.254%E-mini S&P 500 futures are up 0.17% at 6,479.75E-mini Nasdaq-100 futures are up 0.23% at 23,992.25E-mini Dow Jones Industrial Average Index are up 0.22% at 44,656.00Bitcoin StatsBTC Dominance: 59.3% (-0.63%)Ether-bitcoin ratio: 0.03858 (0.96%)Hashrate (seven-day moving average): 893 EH/sHashprice (spot): $58.74Total fees: 4.25 BTC / $506,562CME Futures Open Interest: 139,255 BTCBTC priced in gold: 35.7 oz.BTC vs gold market cap: 10.1%Technical AnalysisETH's weekly chart with the RSI. (TradingView)Ether's 14-week relative strength index (RSI), a popular indicator, has crossed above 70 to indicate strong bullish momentum. Historically, readings above 70 have marked phases of the market characterized by fear of missing out (FOMO) and rapid price rallies. Crypto EquitiesStrategy (MSTR): closed on Tuesday at $394.39 (-1.46%), +0.66% at $397 in pre-marketCoinbase Global (COIN): closed at $322.62 (+0.94%), +0.98% at $325.77Circle (CRCL): closed at $163.21 (+1.27%), -4.45% at $155.94Galaxy Digital (GLXY): closed at $27.90 (-2.04%), +1.83% at $28.41MARA Holdings (MARA): closed at $15.72 (+0.38%), +1.02% at $15.88Riot Platforms (RIOT): closed at $11.44 (+2.97%), +0.96% at $11.55Core Scientific (CORZ): closed at $15.11 (+3.99%), -5.89% at $14.22CleanSpark (CLSK): closed at $9.92 (+0.51%), +0.81% at $10CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $25.41 (+1.4%)Semler Scientific (SMLR): closed at $34.54 (-2.1%)Exodus Movement (EXOD): closed at $27.86 (-7.5%), unchanged in pre-marketSharpLink Gaming (SBET): closed at $22.47 (+0.6%), +2.67% at $23.07ETF FlowsSpot BTC ETFs
Daily net flows: $65.9 millionCumulative net flows: $54.65 billionTotal BTC holdings ~1.29 millionSpot ETH ETFs
Daily net flows: $523.9 millionCumulative net flows: $11.38 billionTotal ETH holdings ~6 millionSource: Farside Investors
Chart of the DayMOVE index. (TradingView)The MOVE index, measuring the 30-day expected volatility in the Treasury market, has dropped to 77.42, the lowest since January 2022. The slide supports continued risk-taking in financial markets. While You Were SleepingEther Eyes Record High as Options Traders Bet Big on ETH's $5K Breakout (CoinDesk): Amberdata's Greg Magadini sees ETH having "plenty of room" to rise, targeting $5,000 for a breakout into record territory and $7,200 based on ETH/BTC mid-range valuations.A16z, DeFi Group Pitch U.S. SEC on Safe Harbor for DeFi Apps (CoinDesk): The venture capital firm and the DeFI research and advocacy group are petitioning the SEC for regulatory safe harbors for websites and apps used to access DeFi projects.The Recipe Behind the Trump Family’s Crypto Riches: PancakeSwap (The Wall Street Journal): The value of the Trump family’s stake in World Liberty Financial appears linked to the demand for its stablecoin, USD1, which is benefiting from heavy promotion on decentralized exchange PancakeSwap.China and India Rebuild Ties After Modi’s Rupture With Trump (Bloomberg): Despite deadly 2020 border clashes, India and China are resuming direct flights, easing trade restrictions and pursuing limited cooperation after U.S. tariffs strained New Delhi’s relationship with Washington.France, Germany and UK willing to reimpose sanctions on Iran (Financial Times): The European countries plan to reinstate U.N. sanctions under a 2015 accord’s snapback clause if Iran doesn’t agree to a diplomatic deal by the end of August or resume negotiations to extend the deadline.Before Trump Talks to Putin, Germany and Others Want to Bend His Ear (The New York Times): A Wednesday video call allows Germany’s chancellor, Ukraine’s president and select European leaders to implore the U.S. president not to strike a deal with Russia’s leader at the Alaska summit.Related Assets
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
3 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
Efforts to recover and persistent macroeconomic worries are causing the price of Bitcoin to oscillate.
The top token's price is in a sensitive stage within its broader market framework.
Currently, the market is in a stage of transition, having moved away from a period of exuberant expansion but not yet entering a condition of complete surrender. The price of Bitcoin was unable to maintain its position above $70,000 and has begun to experience another downturn.
BTC is currently positioned under the $69,200 support zone and could potentially experience further declines in the short term.
Source: CoinGeckoThe current dynamics of the market show how those driven by short-term, speculative objectives are competing with others who have longer-term, conviction-based views.
The top cryptocurrency, nevertheless, may be about to see further losses, according to onchain data.
According to market researcher Ali Martinez's latest chart on social platform X, the Cumulative Value - Days Destroyed (CVDD) has identified Bitcoin's lowest point since 2012.
— Ali Charts (@alicharts) February 14, 2026 This measure, which is now valued at $45,225 according to the expert, is highly regarded for its ability to identify structural lows over the long term on the blockchain.
Satoshi Nakamoto introduced CVDD in 2009 as a way to value Bitcoin over the long run.
Its goal is to identify major market bottoms by analysing how holders behave over the long term.
The idea of Coin Days Destroyed (CDD) must be understood in order to understand the CVDD measure of Bitcoin. The total amount of Bitcoin that has been collected but is still in a wallet is called CDD.
To determine a price that has historically matched the important Bitcoin cycle bottom, CVDD now tracks the entire historical value of destroyed coin days and uses this information in its valuation model.
As far back as 2012, CVDD has consistently and remarkably pinpointed major Bitcoin price bottoms.
At its core, the model evaluates when older, long-held coins are spent. When the market is doing well, long-term investors will sell. When the market is doing poorly, they will purchase.
In light of market volatility, CVDD has consistently provided a safety net during price declines. During the lows of various market cycles, including those in 2015, 2018, and 2022, Bitcoin's price occasionally fell beneath the CVDD line before initiating significant long-term recovery.
Experts think existing market conditions present a significant opportunity at $45,225 for CVDD.
Understanding this level as a historically important structural support is essential if market conditions deteriorate, though it does not guarantee that the price will fall to this level.
The overall market tends to be in a stronger macro position when BTC consistently trades above CVDD. Conversely, when Bitcoin's price approaches a decline, individuals often experience negative sentiments and are inclined to gather more coins for future gains.
While Bitcoin continues to find its footing in its present range, it could be instructive to watch if the price remains enough above the $45,225 CVDD mark.
Although a change in tactics in this direction might mean more correctional pressure, the fact that the cycle has been consistently strong above this level suggests it is still fundamentally solid.
Bitcoin Dips Below Key Level
Once it surpassed the $70,000 mark, the price of Bitcoin couldn't stay there. After breaking below the $69,200 support level, Bitcoin has begun a fresh decline.
Something changed below the $69,000 level.
According to TradingView, the price has dropped below the $70,935 high, which is the 38.2% Fibonacci retracement mark of the rise from the $65,072 swing low.
Support for the hourly BTC/USD pair is at $69,500, and a negative trend line underneath it. The current price of Bitcoin, at around $68,600, is quite close to the 100-hour simple moving average.
If the price remains stable over $68,000, a fresh upward trend would be possible. Approximately $68,800 is the current level to keep an eye on.
Source: TradingViewRoughly speaking, the $69,500 milestone is the first major obstacle.
Price escalation is possible if the $69,500 resistance level is broken. The price might rise and test the $70,000 level of resistance in this case. The price might reach $70,500 if there are more hikes. Potentially approaching levels of resistance for the bulls are $72,000 and $72,500.
However, Bitcoin can start a new decline if it can't break over the $69,500 barrier mark.
Nearby support is available for about $68,200. Starting from the $65,000 swing low and working its way up to the $70,935 peak, the 50% Fibonacci retracement level and the first major support level are both located around $68,000.
Currently, the $67,350 mark is where the next level of support is located.
If the price continues to fall, it may hit the $67,350 support level. Bitcoin may see difficulties in its near-term recovery if it drops below the current key support level of $66,500.
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
3 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
The crypto market is down by 2.05% in market cap. India’s manufacturing data for March 2026 is likely to be affected. Airline stocks and other markets are down, while Gold has jumped. The crypto market is showing the impact of the ongoing Middle East war. Other markets are following, except Gold, which has made gains per recent reports. BTC has a new forecast with a higher chance that it dips in 2026. Meanwhile, there is considerable attention on oil prices as the Strait of Hormuz feels the pressure.
Crypto Market Amid Middle East War The crypto market is down by 2.05% in terms of market cap, which stands at $2.27 trillion. The FGI has shifted to 15 points after briefly hovering below 10 points. All top tokens have shed their respective values – like BTC, ETH, BNB, XRP, and SOL. In fact, XRP and SOL have lost the most value among them by losing 3.46% and 4.07%, respectively.
BTC, the flagship crypto, exchanged hands at $65,574.88 before retracing back to $65,931.28, a value that is down by 1.79% in 24 hours. Loss for Ether, which was below 3%, has now risen to 3.22% for the same timeline. More clarity on the global crypto market could be drawn from the latest ETF data, when published.
Other Markets The manufacturing for India rose to 57.5 for February 2026. This is up from 55.4 in January 2026. However, experts are expressing concerns about the data for March 2026. They have highlighted a 90% dependence on imported crude. A higher price could impact India’s inflation and overall growth.
Brent has surged by 6.4% to $77.57 a barrel. While it previously topped to $82, reports suggest that it could reclaim the $80 mark to threaten global economic growth. US gasoline prices have caught everyone’s attention following a deep pressure on the Strait of Hormuz.
Airlines’ stock are down with a major impact visible on S&P 500 and Nasdaq. Both are down by around 0.80%. DAX futures and EUROSTOXX 50 futures were last reported down by 1.4% and 1.3%.
Gold Climbing as Safe Haven Gold is seen climbing despite widespread doubts about investment appetite worldwide. The precious metal reached $5,376.44 an ounce, up by 1.88%. Known as a traditional safe-haven asset, Gold seems to be coming up as an alternative for investors wanting to avoid volatility. Even Silver was last seen up by 1.3% at $95 per ounce.
As for BTC, Kalshi Traders estimate that the cryptocurrency could go as low as $60,000 this year. They have assigned 85% chance for the crypto’s decline.
Highlighted Crypto News Today:
X Allows Paid Crypto Promotions but Restricts Ads in EU and UK
Curious by nature, Ankur's core topic is Web3, but he's a versatile writer who can cover many more subjects. If you catch up with him in his free time, you'll find discussions often center around different movies and TV series. He's an easy person to talk to—you can literally chat with him about anything.
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Coinbase has temporarily suspended the gaming platform PlayDapp’s token trading and transfer activities after the recent hack that resulted in the theft of 200 million PLA tokens. Recent updates from the Web3 platform have shared some insight into the investigation process.
Suspension Of Trading Activity On Coinbase On Thursday, the news of the hack was first informed by the security platform Cyvers Alerts on X (formerly Twitter). PlayDapp’s team later confirmed the security breach and immediately contacted partnered exchanges to take measures to protect the holder’s assets.
The gaming platform contacted major centralized exchanges (CEXs) to request deposit and withdrawal suspensions due to the hacking incident and promptly reported to the authorities about the case.
On Monday, the team shared an urgent notice post detailing the state of the investigation and the temporary measures it would take to minimize the hack’s impact on PLA holders.
Following this request, Coinbase announced the suspension of PLA’s trading and transfers across their website, Coinbase Prime, Advanced Trade, and Coinbase Exchange. The exchange expressed its intention to continue monitoring the developments from PlayDapp before giving new updates to customers.
We will continue to monitor developments related to PLA from the issuer and update our customers as more information becomes available.
Learn more: https://t.co/PoDxz71eAp
— Coinbase Assets 🛡️ (@CoinbaseAssets) February 14, 2024
In the notice post, the team informed of its current collaboration with exchanges, blockchain intelligence, security firms, and law enforcement agencies to investigate and resolve the issue further. It has now extended its petition to temporarily pause all liquidity and pool activities related to PLA to decentralized exchanges (DEXs).
According to the circular, decentralized exchanges (DEXs) have hindered the hacker’s attempts at dispersing the stolen tokens.
Migration Process And Price Reaction PlayDapp tried to negotiate with the hacker to retrieve the stolen funds. However, the attempts failed as the hacker “showed no willingness to help recover holders’ losses,” which resulted in an additional attack that led to the issuance of an additional 1.59 billion PLA tokens.
Subsequently, the team continues investigating the hacker’s intrusion methods to prevent further attacks, and they’re currently tracking the minted and swapped tokens by the hacker. Due to this, PLA Holder’s assistance has been requested, asking users for “the halt of transactions because we will conduct a migration based on the snapshot shortly.”
The platform has been discussing with exchanges to assess the best migration solution. The most recent update further details the attack’s damages and the coming migration process:
We are estimating the scale of damage for the initially minted 200 million tokens, while it’s confirmed that there is minimal damage from the secondary minting of 1.59 billion tokens. Currently, the transactions associated with the hacker are being tracked by security firms, so most of the invalidly minted tokens will be filtered out during the migration process.
Loss of ownership over the token smart contract opens the possibility for further attacks on PLA tokens.
As the update explains, PDA is an upgraded version of the new token. It introduces multi-signature implementation, snapshot, pause, and burn authority separation for management while removing minting authority for stability.
PDA will also introduce a DAO voting system, and it can only be swapped at a 1:1 ratio using wallets not associated with the hacker.
PlayDapp will coordinate with CEXes to reimburse PDA to PLA-holding users during the migration. Affected users will be reimbursed using the “current user balance holdings as per the snapshot timing” and receive the full token holdings at a 1:1 ratio. The team will announce the snapshot time in a future update.
According to CoinMarketCap data, the PLA price dropped from $0.1823 to $0.1498 after the attack. Since then, the token price has hovered around $0.14-$0.16.
The price dropped to $0.1383 after the Coinbase announcement, a 13.35% drop in the last seven days. PLA’s daily trading volume at writing time is $5,786,268, representing a 23.4% decrease in the previous 24 hours.
However, after the most recent migration plan update, PLA’s price surged 1.2% in the last hour and 3.7% in the previous 24 hours, as the token trades at $0.1524, perhaps signaling a change in holder sentiment after the recent development.
PLA is trading at $0.15 in the hourly chart. Source: PLAUSDT on TradingView.com Featured image from Unsplash.com, Chart from Tradingview.com
PlayDapp’s smart contract exploit enters its fifth day, accumulating over $290 million in losses, marking the largest hack since 2022.
The PlayDapp security breach was previously reported by crypto.news on Feb. 9th, when an unauthorized addition to the PLA token’s minting address was identified by several security analysts, immediately plummeting the token’s value. The incident has continued to unfold throughout the week, as major exchanges like Coinbase have suspended PLA trading.
PlayDapp has paused the PLA smart contract and proposed a migration plan to shift to a new ‘PDA’ token for the network, which will have improved security measures like multi-signature implementation.
The PLA smart contract has been paused.
We kindly request the halt of transactions to conduct a snapshot for migration.
Please understand that we are doing everything to protect holders' assets, and we will continue to keep the community updated.
— PlayDapp (@playdapp_io) February 13, 2024 Analysts from the blockchain security platform Cyvers have provided a detailed breakdown of how the breach occurred, as the attacker added their address as a minter and minted 200 million PLA tokens worth $31 million.
On Feb. 12, the hacker still had access to the smart contract and minted an additional 1.59 billion PLA tokens worth $223 million. Some tokens are deposited to exchanges such as Paribu and HTX. PlayDapp also contacted the hacker via on-chain messages to return the stolen contracts for a substantial reward.
Since the attack, the PLA has been down by over 15%.
Blockchain analytics firm Elliptic says the crypto gaming platform PlayDapp (PLA) lost $290 million worth of crypto assets as a result of security breaches this month.
Elliptic says the first breach, suspected to involve a private key leak, happened on February 9th. An unauthorized wallet minted 200 million PLA tokens worth $36.5 million at the time.
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PlayDapp sought to recover the stolen funds by offering a white hat reward of $1 million in exchange for the return of the assets by February 13th. In a message sent to the hackers on-chain, PlayDapp said it would release the amount as a bounty if they failed to act on the deadline.
On February 12th, the hackers again minted an additional 1.59 billion PLA tokens, then worth $253.9 million.
Elliptic says the hackers have started laundering the tokens, sending them to exchanges and other accounts, albeit the assets are now worth less than their value at the time of the breach.
“Before the breaches, the total circulating supply of PLA tokens was 577 million, so the exploiter may find it difficult to sell the ~1.8 billion newly-minted tokens at anything close to their market value prior to the hacks.”
PlayDapp says it will be difficult to move and exchange the stolen funds because it already contacted law enforcement authorities and blockchain intelligence companies.
Elliptic says crypto firms can also identify the stolen funds.
“The wallets associated with the exploiter have already been labeled in Elliptic’s tools – allowing exchanges and other service providers to identify whether they are receiving the proceeds of this hack.”
Leading cryptocurrency exchange Binance has announced it will support the token swap from PlayDapp (PLA) to PlayDapp (PDA), marking a significant transition for platform users. The recent announcement outlined the details of the token swap process, as well as changes to the trading pairs and services associated with the PLA token.
PLA Tokens to Convert to PDA Tokens at a 1:1 RatioEffective immediately, the deposit and withdrawal of PLA tokens on Binance have been suspended and will no longer be supported. The cryptocurrency exchange advises users to refrain from depositing or withdrawing PLA tokens until the next announcement. Binance will cover all technical requirements for the token swap for its users.
As part of the token swap, PLA tokens will be converted on Binance at a 1:1 conversion rate to receive the PDA ticker. This means that one PLA token will be equivalent to one PDA token on the Binance platform. The smart contract address for PDA tokens will be ERC-20 compatible and will ensure compatibility with the Ethereum Blockchain.
All PLA Trading Pairs to Be Delisted from Spot MarketIn preparation for the token swap, Binance will delist all PLA trading pairs from the spot market, including PLA/BTC and PLA/USDT, starting from 26 February 2024 at 06:00 AM local time. All pending PLA spot trading orders will be canceled at this time.
In addition, Binance will terminate Trading Bots services for the affected spot trading pairs and advises users to update or cancel their trading bots to prevent potential losses.
Following the delisting of PLA trading pairs from the spot market, trading for the new PDA/BTC and PDA/USDT trading pairs will commence on 1 March 2024 at 11:00 AM local time. This will allow users to seamlessly buy and sell the newly swapped PDA tokens on the Binance platform.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cryptocurrency exchange Coinbase released a statement today that caught attention. The statement is about a specific cryptocurrency. According to it, trading will not be reactivated. Let’s look at the details of this development together.
Coinbase Issues Statement on PlayDapp (PLA)The exchange stated the following in its announcement:
“We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our latest review, we will not be re-enabling trading for PlayDapp (PLA).
In light of the ongoing ‘Pause’ function in the PlayDapp (PLA) smart contract, PLA trading and transfers remain suspended on coinbase.com, Coinbase Prime, Advanced Trade, and Coinbase Exchange.
We are aware that the issuer has made an announcement about an upcoming transition. Please remember that our teams are actively evaluating the upcoming transition and will provide necessary updates directly to our users.”
What Is the Development About?This development is related to a security breach in the PlayDapp project. Coinbase had previously made a statement and suspended trading of the token. Now, there is curiosity about what Coinbase will do after the token migration. However, it can be expected that Coinbase will make a new announcement after the project team completes their preparations.
The project was hacked last month, resulting in the theft of 200 million tokens.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
[PRESS RELEASE – Hong Kong, Hong Kong, March 25th, 2024]
The PlayDapp Team announced on March 25 that it plans to launch its long-awaited blockchain mainnet scheduled for April 11 to foster the development and expansion of its ecosystem.
PlayDapp has decided to launch its mainnet through the Avalanche subnet to expand its Web3 business. As a result, PlayDapp will move away from supporting the existing public multi-chain to operate an independent chain with self-verification nodes as its mainnet.
Avalanche is known for its low transaction costs and high scalability, offering improved scalability through a subnet structure that allows for the creation of customized blockchains tailored to specific enterprises.
Wen Lee, Director of Business at PlayDapp stated, “We plan to operate the mainnet to onboard various Web3 gaming projects and expand the ecosystem,” emphasizing the company’s commitment to supporting the onboarding of diverse gaming projects onto the PlayDapp mainnet.
How This Improves The PlayDapp Ecosystem The introduction of the mainnet underscores PlayDapp’s commitment to providing user-friendly services and scalability, further expanding its Web3 ecosystem centered around the PlayDapp token (PDA).
Notably, PDA tokens issued as ERC-20 tokens on the Ethereum chain will be swapped to PlayDapp mainnet tokens (PDA) via bridging, serving as the native currency. This will facilitate various services and be used as a transaction fee processing on the mainnet, enhancing user convenience significantly.
Users will no longer need to pay gas fees in Ethereum (ETH) or Polygon (MATIC) for PlayDapp services. Instead, PDA will play a crucial role as the native currency across PlayDapp’s tournaments, marketplace, and play-to-earn (P2E) game services.
Mikey NFT holders will be able to migrate their NFTs to mainnet and will receive instructions on how to do so. Stakers will benefit from this launch as they will be able to receive regular in-game item drops for their upcoming P2E game. They’ll also receive discounts on transaction on transaction fees in their marketplace as well as be able to participate in their DAO game.
PlayDapp Integrates DAO To Empower The Community Moreover, the PlayDapp mainnet will integrate a Decentralized Autonomous Organization (DAO) voting system. PDA token holders will have the opportunity to participate directly in key decisions regarding the operation and project development of the Mainnet services, fostering trust and solidarity within the community through transparent decision-making processes.
In addition, PlayDapp plans to introduce a DAO game as part of the activation of the DAO. This is expected to be beneficial in helping DAO participants understand the voting and reward system through game participation. By actively involving the community in decision-making and creating a synergistic relationship between decentralized governance and gaming, PlayDapp aims to create a more engaged and vibrant ecosystem.
Strong Partnerships & Proven Track Record of Innovation From PlayDapp PlayDapp has previously showcased NFT interoperability through blockchain-based games, NFT marketplaces, metaverse projects, and tournament services. The company has collaborated with numerous partners such as Samsung Electronics, KB Kookmin Card, LINE FRIENDS (IPX), and Samsung C&T to introduce NFT-based interoperable services.
By connecting with various gaming companies and NFT projects, PlayDapp has demonstrated its ability to innovate and provide unique solutions for the blockchain gaming industry. The team behind PlayDapp consists of experienced developers, game designers, and business professionals with a strong track record in both traditional and blockchain industries, this gives promising potential for the road ahead.
PlayDapp Road Map For 2024 The team at PlayDapp has been working diligently to create a strong and vibrant community through transparent decision-making processes and innovative NFT interoperability solutions. With their mainnet launch, DAO activation, and upcoming partnerships and collaborations, PlayDapp is set to take the blockchain gaming industry by storm.
Looking ahead, PlayDapp has outlined its roadmap for the remainder of the year, with significant developments slated for the second quarter of 2024
2024. 4.11: Scheduled PlayDapp Mainnet Launch (Subject to change). As alluded to earlier, PlayDapp is set to launch its mainnet scheduled for April 11, 2024. This will be a significant milestone for the company as it marks the official start of their decentralized governance system and NFT interoperability services. Users will be able to participate in staking, voting, and NFT trading on the mainnet, making it a truly decentralized and community-driven platform.
2024. 2Q: 1. EZ Play As a revamped web3 mini game platform (aka tournaments) with new games and a new UI/UX to onboard the next wave of casual gamers to web3, EZ Play will define the core of PlayDapp’s user base. The team has changed the UX to allow users to easily participate in the game without separate logins and wallet connections. Existing P2E will also continue to support faster transactions and lower gas costs with the introduction of the mainnet.
2024. 2Q: Launch of Marketplace Plus ● Issuing exclusive NFTs serviced on the PlayDapp Mainnet to facilitate trading
● Introduction of an aggregator – access and compare market data
● Streamlining the process of buying NFTs and supporting bulk trading feature
With a dedicated marketplace, users will have a seamless experience buying and trading NFTs within the PlayDapp ecosystem. The marketplace will also serve as a platform for creators and artists to showcase and sell their unique NFTs.
2024. H2: Launch of a New P2E Mobile Game With more and more gamers shifting towards mobile gaming, PlayDapp plans to launch a new genre game that will be integrated with the PlayDapp Mainnet. This enhanced P2E model will offer a more immersive and rewarding experience for players, as well as increased accessibility through mobile devices. The game will set a new standard for blockchain gaming, combining traditional game elements with the power of web3 technology.
Throughout 2024: Ongoing Partnerships & Collaborative Projects It’s no secret that many companies are eager to work with PlayDapp, and 2024 will see even more partnerships and collaborations. The team is actively seeking out opportunities to expand the functionality and reach of the PlayDapp ecosystem. From joint development projects with other blockchain platforms to strategic alliances with major gaming companies, there are endless possibilities for growth.
PlayDapp Mainnet: A New Era in P2E and Blockchain Gaming The launch of the PlayDapp Mainnet in 2024 will mark a major milestone for the gaming and blockchain industry. With its enhanced P2E model and integration with mobile gaming, it will revolutionize how gamers interact with blockchain technology. Moreover, ongoing partnerships and collaborations will further expand the functionality and reach of the PlayDapp ecosystem.
The future is bright for PlayDapp as this launch on mainnet makes the entire ecosystem more efficient while their P2E hyper casual game platform called Ezplay will empower players to receive PDA Tokens directly on the mainnet. This will eliminate the need for players to use matic or eth for gas, making their gaming experience seamless and hassle-free.
Furthermore, their upcoming marketplace creates an economy for their P2E game, providing a platform for gamers to buy and sell their unique in-game assets securely. As PlayDapp continues to grow and evolve, the possibilities for innovation and growth are endless. The launch of the mainnet is just the beginning, and we can’t wait to see what other groundbreaking developments are in store for the PlayDapp ecosystem.
About PlayDapp PlayDapp is a global blockchain middleware provider. It enables companies across many different industries to integrate blockchain technology into their business models and easily turn their assets into Non-Fungible Tokens (NFTs). The company also owns and operates web3 games, NFT collections and a NFT marketplace (formally Polygon’s #1 Marketplace). Currently as of writing PlayDapp’s marketcap is $86 million dollars.
Social Media Links: Twitter: https://twitter.com/playdapp_io
The PlayDapp token (PLA) is a digital asset used within the PlayDapp Blockchain gaming ecosystem to purchase and trade NFT items through games and the global C2C market ‘playdapp.com’.
PlayDapp aims to bring non-crypto game users and blockchain game users together through the PlayDapp service platform. To do this, PlayDapp offers PG solutions for gaming without the need for cryptocurrency. PlayDapp will provide a variety of blockchain networks and game dApps to enable more users to play games on the PlayDapp service platform and to become crypto game users.
According to statements, the mission of the project is to create a world where digital assets are more valuable and accessible to everyone. To achieve this, it offers three products to its users:
Content Leverage: The use of the CryptoDozer character in games allows for greater content leverage as the number of games increases.C2C Marketplace: Users can transact characters, keys, pets, and other items through users in the Marketplace.Platform Leverage: Users can access ETH, XRP, BCH, KLAY, LIBRA, etc., using Interchain or DEX.On the other hand, PLA, the native token of PlayDapp, is a basic utility token that uses the ERC20 standard. PLA serves as the primary exchangeable token for processing transactions from users. Game dApp operators or developers receive PLA for every in-game purchase or transaction after PlayDapp charges a reasonably small transaction fee.
In addition, the PlayDapp team consists of 40 experienced developers, operators, marketers, and designers, who have 10 to 20 years of experience in the PC online and mobile game industry.
PLA Coin InsightsIt is not surprising that PlayDapp is attracting attention, especially nowadays when NFTs and blockchain-based game projects are popular. In addition, having significant names like Facebook, Klaytn, Certik, Samsung, and Line among PlayDapp’s partners also draws attention.
On the other hand, the PLA coin has received significant interest following its listing on Binance. We can see investors’ expectations about the PLA coin more clearly by looking at current figures.
How to Buy PlayDapp Coin?PLA Coin can be quickly and safely purchased through Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy PLA Coin, you first need to register with Binance and then send fiat money. After sending a fiat currency like the dollars, you can carry out a purchase transaction in the Binance Coin (BNB), BUSD, Tether (USDT), and Bitcoin (BTC) PLA trading pairs.
In addition, on Binance, you can also place a buy order at a lower price than the market value. To do this, use the Limit tab, and simply enter the amount and price you want to buy.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
PlayDapp Coin (PLA) is the native cryptocurrency used to purchase NFT items within the global C2C marketplace of the PlayDapp Blockchain gaming ecosystem.
What is PlayDapp (PLA)?PlayDapp is a dApp gaming portal that provides a C2C marketplace. All PlayDapp games are interoperable, offering players an NFT portfolio they can enjoy as in-game content. Additionally, players can trade their characters and items on the platform. By leveling up, players can increase the value of their NFTs, and the C2C marketplace can be used to upgrade and combine items.
PlayDapp has developed a PlayDapp SDK within its blockchain-based service ecosystem to facilitate the easy participation of game developers. The SDK provides digital assets for companies that struggle to build blockchain infrastructure for integrating their assets or seek a simple system integration.
Once an NFT is tokenized on the blockchain, it becomes interoperable across various other games within the PlayDapp ecosystem. This creates the potential for synergy between games and facilitates user acquisition through cross-communication. Particularly, the value of NFTs can increase with more usage.
PlayDapp’s vision is to create a world where digital assets are more valuable and accessible to everyone. Players will not only own their games but also have participation rights that can be earned for the ecosystem through their game assets for the first time.
Where to Buy PLA Coin?PLA Coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. PlayDapp Coin is traded on Binance in PLA/BTC, PLA/BNB, PLA/USDT, and PLA/BUSD pairs.
To buy PLA, you must first register on the Binance exchange. Once registration is complete, you will need to transfer cryptocurrency or fiat currency to your Binance account wallet. After completing the transfer, you can purchase PlayDapp Coin from any of the four trading pairs listed above. For buying from the PLA/USDT trading pair, navigate to the interface of this pair. Enter the desired amount in the field specified under the “Limit” tab in the PLA/USDT interface. Once the amount is entered, complete the purchase by placing a “Buy PLA” order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
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According to a report published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols witnessed a steep decline in exploits in 2024, while centralized finance (CeFi) platforms more than doubled their losses due to security breaches.
DeFi Platforms Show Better Security Mechanisms In its annual “Web3 Security Report,” Hacken outlined the general trends in the cryptocurrency industry with regard to scams and security infrastructure. The report notes that total losses arising from security failure in 2024 stood at $2.91 billion.
DeFi protocols accounted for $474 million in losses this year, a 40% decline from $787 million in 2023. This sharp drop reflects the growing adoption of advanced security techniques, such as zero-knowledge cryptography and multi-party computation, across the DeFi ecosystem.
One key factor contributing to the reduction in DeFi exploits was the sharp decline in cross-chain bridge hacks. Losses from these attacks have consistently fallen – from $1.89 billion in 2022 to $338 million in 2023, and finally to $114 million in 2024.
In contrast, CeFi platforms, including cryptocurrency exchanges, reported $694 million in losses in 2024, more than double the $339 million recorded in 2023. CeFi accounted for nearly one-third of all crypto-related incidents, highlighting persistent vulnerabilities in centralized systems.
Gaming and metaverse projects were another major target in 2024, responsible for nearly 20% of all crypto-related hacks, with $389 million in losses. The largest gaming/metaverse breach of the year was the PlayDapp exploit in Q1 2024, which resulted in a $290 million loss.
Phishing scams also remained a significant concern, causing more than $600 million in losses this year. These scams highlight increasingly sophisticated social engineering tactics in the Web3 space.
In November, the sector faced a $129 million address poisoning attack. For context, address poisoning phishing involves attackers sending small transactions from an address that closely resembles one the victim has interacted with, tricking them into mistakenly sending funds to the fraudulent address in future transactions.
Memecoins And Rugpulls Continue To Prey On Users While memecoins were all the rage for the majority of 2024 – particularly on the Solana (SOL) blockchain due to its low transaction costs – a significant proportion of them preyed on investors through presale scams and celebrity-endorsed rug pulls.
One notable example is the Hawk Tuah memecoin, launched by viral influencer Hailey Welch, popularly known as “Hawk Tuah Girl”. The coin’s value plummeted 95% shortly after launch, sparking severe backlash from the wider Web3 community.
The rise in memecoin-related scams also underscores the need for greater investor education, particularly when engaging with such speculative assets. At press time, Bitcoin (BTC) trades at $98,921, up 5.8% in the past 24 hours.
BTC trades at $98,921 on the daily chart | Source: BTCUSDT on TradingView.com Featured image from Unsplash, chart from Tradingview.com
The Ethereum ecosystem witnessed the largest losses in 2024 amid a massive rise in crypto hacks.
According to a Cyvers report, the Web3 ecosystem suffered staggering financial losses in 2024, with over $6 billion drained through hacks, exploits, and cyberattacks, with Web3 hacks resulting in $2.3 billion loss.
Among the affected blockchains, Ethereum emerged as the hardest hit, accounting for 51% of these losses. Notably, as the backbone of decentralized finance (DeFi), Ethereum’s widespread adoption and liquidity made it a primary target for cybercriminals.
Alarming Growth in Web3 Security Breaches The numbers highlight a troubling trend. Losses soared by 40% compared to 2023, showing how hackers are evolving faster than ever. The year saw $2.3 billion siphoned from blockchain projects, exchanges, and DeFi platforms, with Ethereum users bearing the brunt.
According to Cyvers, the quarterly breakdown showed consistent financial damage, with Q1 losses reaching $517 million, Q2 rising to $587 million and Q3 peaking at $669 million. Interestingly, in Q4 2024, losses slowed to $130 million.
Although 2024’s total remained below the $3.78 billion record set in 2022, the upward trajectory signals worsening vulnerabilities in the Web3 space.
Why Ethereum Was a Prime Target Ethereum’s dominance in the DeFi ecosystem made it particularly vulnerable. Its extensive user base and massive liquidity pools presented hackers abundant opportunities. From smart contract flaws to access control weaknesses, attackers leveraged every vulnerability.
While Ethereum suffered the most significant financial damage, other blockchains also endured heavy hits. The BNB Chain accounted for 24% of losses, while Bitcoin, XRP, and Arbitrum each faced smaller but substantial breaches.
Access Control Failures Security lapses involving access controls were the primary culprit behind the year’s crypto losses, contributing to 81% of the stolen funds. Weak authentication and poor permission management left users and projects exposed.
The remaining 19% stemmed from smart contract exploits. Hackers exploited coding errors to manipulate systems, drain funds, and compromise platforms. Together, these vulnerabilities showed the pressing need for better security practices across the industry.
Major 2024 Hacks The Cyvers report also called attention to some of the most high-profile incidents of 2024. For instance, DMM Bitcoin lost $305 million, while PlayDapp saw $290 million vanish. Other notable breaches included WazirX, which lost $235 million, and Radiant Capital, which suffered a $55 million theft.
While some funds were recovered, success rates declined sharply as the year progressed. Early 2024 saw promising recoveries, with $620 million reclaimed in Q1 and $562 million in Q2. However, this momentum faded by Q4, with only $25 million recovered during the final months.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Power Ledger (POWR) is a project that has seen quite a bit of interest lately. This has resulted in increased demand and trading for its POWR token.
The project was one of the first to introduce blockchain based P2P power trading. They want to not only decentralise the process but also democratize it and give users a platform to sell their excess electricity. It also aims to optimise trading and eliminate waste that comes from centralised grids and providers.
Ambitious goals, but can it realistically achieve it?
In this Power Ledger Review I will attempt to answer that. I will also take a look at the long term use cases and adoption potential of the POWR token.
What is Power Ledger?Power Ledger was the very first ICO conducted in Australia, and as a blockchain company it is somewhat unique in being non-financial in the field of financial blockchain projects.
Power Ledger has a goal of decentralizing the renewable energy markets and placing it into the hands of the users, and out of the control of centralized energy companies.
Key Areas of Focus for Power Ledger. Image via Website
Power Ledger wants to make it possible for the end user to buy renewable energy, as well as selling their own unused renewable energy, by using the Ethereum blockchain to record energy consumption, usage, and creation.
When you consider the shift to renewable energies such as solar by industry, business, and residential users it seems common sense to have a system in place that allows these new renewable energy systems to sell their excess power back into the grid rather than simply letting it go to waste.
It’s an ambitious idea, but when you consider the vast usage of energy across the globe, could Power Ledger represent a new gold rush? Could this be a project that will become as valuable as the original coal, oil, gas, and nuclear power industries have become?
Let’s take a deeper look into Power Ledger and see the potential it has for the future.
Overview of Power LedgerPower Ledger token holders are empowered to sell their surplus renewable energy through Power Ledger’s blockchain based platform. It’s possible to transmit this privately generated energy through the existing electricity distribution networks, or through micro-grids created on the Power Ledger platform.
The platform is empowering for consumers because it allows them to manage their own energy production, usage, and distribution. This is something novel in today’s world, allowing consumers to also become producers and distributors of energy products.
Overview of Decentralised Electricity Market
Power Ledger facilitates the sale and trading of energy, and consumers can receive payments for their excess renewable energy production in real-time through the decentralized, trustless, automated, and totally secure Power Ledger platform.
Buyers are able to choose only clean, green energy sources, and both buyers and sellers leverage blockchain technology. This means settlement costs are significantly lower than in the traditional energy markets, and translates to significantly higher returns for consumers who choose to invest in renewable energy.
There are a number of applications already running on Power Ledger, with more planned for the future. Current applications allow for micro-transactions, data acquisition, grid management, power metering, and more.
Key Applications on Power LedgerThe Power Ledger platform has been designed to handle most aspects of renewable energy transfer, including such things as carbon trading and market price management. Below are the current six applications that have been developed and released for PowerLedger.
xGridThe xGrid application allows individuals to sell the energy they generate from their own solar panels to other households on the electricity grid.
In the 21st century consumers are increasingly aware of, and concerned with, their impact on the environment. Many are now aware of their carbon footprint and are seeking ways to reduce it, but not everyone has the money or the space to install solar panels.
xGrid Solving the Current Market Challenges
Power Ledger believes everyone should have access to low cost renewable energy sources, and the peer-to-peer trading capabilities of the xGrid application makes that possible. As an added benefit is also ensures that the investment value of installed solar panels remains in the community where that investment is made.
With xGrid it’s possible for users to sell their excess electricity to their neighbors. This also allows electric companies to add new consumers and prosumers to their roles. If the prosumer also has batteries to store energy they can help the energy retailer manage price risk through the Power Ledger VPP 2.0 product we will discuss later.
µGridWhere xGrid works for residential users, µGrid is meant for larger applications, such as shopping centers or apartment buildings. It allows these spaces to monetize their roof space, or allows the tenants to take control of their energy supply.
One barrier to installing solar in larger complexes such as apartment buildings has been convincing all the tenants to share the cost of installing solar panels. It’s just been too difficult to find a way to make sure everyone is being equally compensated in such a situation.
How µGrid addressees challenges
Now Power Ledger has made it possible to install solar in commercial spaces and monetize the often large rooftop spaces. Tenants and residents can use their share of the energy produced, or they can sell it, often to those who are closest to them. This keeps all the investment and proceeds from the renewable energy right within the same community.
This even benefits the building developers and managers because they can offer tenants more attractive energy rates compared with the traditional energy companies. And the detailed usage statistics allows building managers to track usage at a granular level, allowing for better energy efficiency in common areas and across the entire community.
VPP 2.0The VPP 2.0 application allows those renewable energy producers with batteries to sell the stored electricity during peak demand periods to achieve the best returns of their investment. It also helps to solve the demand shortages and price spikes that are so common within the electricity delivery industry.
VPP 2.0 And its Solutions
In the current system energy companies can offer incentives ahead of time when they anticipate demand will spike, but there’s been no way to account for the energy contribution that customers might be likely to make.
With the Power Ledger VPP 2.0 application it’s now possible for energy companies to track the contributions being made by customers in near real-time. This provides energy companies with readily available capacity and energy when they need it, and provides returns to customers more quickly.
PPA VisionPPA Vision is Power Ledger’s energy data management and settlement system for energy asset owners and operators, It provides greater visibility for energy that’s sold on the spot market or to offtakers.
With PPA Vision members in a Power Purchase Agreement can receive billing and settlement functionality for energy generated and sold to offtakers or on the wholesale energy market, as well as measurement tools.
The PPA Vision application was designed specifically for co-located renewable energy assets and PPA supply arrangements.
Data collected from onsite metering is then presented in an accessible dashboard with the following features:
Matching of coincidental generation and consumption.Showing energy transactions between buyers and sellers.Simple and in-depth analysis of the usage and transaction data by both parties.Settlements for the energy supplied from the generator to the offtaker.Reports to individual consumers of their energy transactions.Remittance of any energy sold to the wholesale market.In traditional metering and billing systems inaccuracies often exist, especially when multiple power providers are in the mix. This leads to delayed payments to power producers, and possibly even a loss of revenue.
C6The C6 application is used in the verification, reporting and measuring of carbon credits and renewable energy credits. It is blockchain based, and integrates with outside data management systems and smart meters to provide crucial information regarding carbon and renewable energy credits.
C6 can generate reports for small electric vehicle infrastructure trying to track carbon credits, or it can let a massive petrochemical plant know how many carbon credits they need to purchase.
C6 Features and Use Cases
C6 also makes it a simple task for owners of wind and solar farms to track their carbon credits, as well as monitoring and obtaining carbon and renewable energy credits. The carbon credit reporting procedures are complex, but C6 automates much of the work, reducing the time and effort spent in producing paperwork and reconciling data.
C6 has also been seamlessly integrated with C6+ to create an end-to-end system for the carbon and renewable energy credit ecosystem.
C6+C6+ also resides on the blockchain and it creates a digital exchange and marketplace for renewable energy credits and carbon credits. It does this by tokenizing credits which allows for the transfer and sale of carbon credits and renewable energy credits in a decentralized marketplace.
In the U.S. alone a majority of stats require electric companies to supply a portion of their electricity from renewable sources. Many electricity companies simply purchase Renewable Energy Certificates (RECs) to meet these requirements. As countries around the world begin to implement programs to meet their Paris Accord targets the demand for RECs will increase dramatically.
So far most of these REC programs are paper-based and broker-driven, but Power Ledger hopes to change that by allowing RECs to be traded on an intuitive digital exchange.
Major Product Features of C6 Plus
Most have been excluded from the carbon credit and renewable energy markets due to a lack of transparency and extreme complexity. This has led to the concentration of power in the hands of a few large players and brokers. C6+ will give energy players a new paradigm that is composed of transparency, efficiency, and relative simplicity.
Buyers will be able to log into the platform and easily begin buying, and sellers will be able to log in and easily begin selling. The platform itself will handle all the details and complexity behind the scenes.
Even more importantly for those involved in the energy markets will be a drop in costs. Sellers of renewable energy and carbon credits will face lower transaction costs and faster sales, while buyers will get better pricing in a fair and open marketplace.
What are POWR Tokens?Access and permissions on the Power Ledger platform are controlled by POWR tokens. They can be used for trading on the platform, but they also have real world uses.
Those hosting applications on the Power Ledger platform are required to purchase and hold a minimum number of POWR tokens to allow their users to interact in the marketplace.
All transactions are conducted in a deregulated and decentralized marketplace, without the need for third-party intermediaries. This is one of the top reasons for using blockchain technology and tokens in a marketplace system.
ERC20 POWR Tokens on Etherscan
The market’s customers can also convert their POWR tokens to Sparkz tokens from within the platform. No intermediary is needed for this, which keeps the applications working without any outside interference.
POWR tokens are similar to a software license in that they grant access to the platform and its features. They are also valid anywhere in the world, which will encourage wider participation in the Power Ledger ecosystem.
Sparkz and Smart BondsAll that is required to have access to the smart bond functionality is possession of POWR tokens. In addition to the initial tokens acquired to host an application, the application hosts also receive additional tokens from a growth pool as an incentive to spread the usage of their application, and to create new applications. All the POWR tokens can be held as surety for Sparkz.
The POWR tokens are kept in an Ethereum smart bond contract that was designed specifically for Sparkz. These Sparkz are the internal currency used for the Power Ledger platform and are the medium of exchange for buying and selling energy on Power Ledger.
Once they are done using Sparkz they can unlock their POWR by returning the Sparkz to the smart bond contract.
The Power Ledger team has been referred to as remarkable. It was co-founded by Dr. Jemma Green, Dr. Govert Van Ek, John Bulich, and David Martin. These four co-founders have extensive experience in renewable and sustainable energy, blockchain technology, and risk management.
Dr. Green remains the Chairman of Power Ledger, guiding it in accordance with the vision initially set when the company was launched in 2016. She spent a decade with JPMorgan Chase, following which she completed her Ph.D in Electricity Market Disruption.
The Power Ledger Team. Image via Power Ledger
John Bulich is the technical director of the project and provides strategic direction for the project. He was a co-founder of Power Ledger and a pioneer in Australia’s blockchain scene.
The founders of Power Ledger created the company with a hope that they could facilitate increased green energy production and usage through blockchain technology.
It's also worth mentioning Bill Tai recently joined their advisory board. A venture capitalist since 1991, Bill Tai has served on the advisory boards of 7 publicly listed companies where he joined in the initial stages and helped guide the companies to where they are today.
Power Ledger PartnershipsPower Ledger is engaged in partnerships with international energy companies and government around the world, including a number in Australia and Japan. They have also begun trials in the U.S., in Thailand, Italy, India and Malaysia.
Power Ledger Project Distribution and Footprint
In Australia they are working with Australian National Energy Market retailer Powerclub, and have inked a deal with EPC Solar Canberra. They are also involved in a peer-to-peer solar energy trading project in the Kanto region of Japan, and have recently entered a trial to bring a blockchain based REC marketplace to the Midwestern U.S.
Other recent developments include an agreement with Thailand’s largest renewable energy developer BCPG to bring the Power Ledger technology to Thailand. They are also trialing a peer-to-peer solar energy trading marketplace in Malaysia.
POWR PerformancePower Ledger held their ICO in September/October 2017, raising $13.2 million and selling 350 million POWR tokens for $0.0838 each. The token began trading on November 1, 2017 at a price of $0.052671, which must have been disappointing for early investors.
They didn’t remain disappointed however since the ICO occurred just before the parabolic rise of the cryptocurrency markets in December 2017. POWR rose along with the broader market, hitting an all-time high of $2.01 on January 4, 2018.
POWR Price Performance. Image via CoinMarketCap
It also followed the broader market lower in the cryptowinter of 2018, and nearly two years later on December 18, 2019 it hit its all-time low of $0.034268.
2020 has been kinder to the POWR token as it began the year with a gradual move higher from its start at $0.035, and then in February it exploded to a high of $0.128305 in mid-February. It has since pulled off those highs and as of late February 2020 trades at $0.086, which is roughly where it began at its ICO.
Trading & Storing POWRWhen it comes to the markets for POWR, it has pretty broad exchange support. Your best bet for trading the token is perhaps Binance that has pretty strong Bitcoin order books. However, there are also pretty well established markets on BitHumb and Upbit.
Register at Binance and Buy POWR Tokens
In terms of volume and liquidity, it is well spread out across these exchanges. This bodes well for the price discovery of the token as it means that traders are able to quickly and effectively arbitrage out any sort of mispricings. It also means that they can trade with large block orders without too much slippage.
For storage, given that POWR is an ERC20 token you should not have too much difficulty. You can use any wallet that will support Ethereum such as MyEtherWallet, Metamask etc. Although, your best bet is probably to get your hands on a hardware device like a ledger or a Trezor.
Power Ledger vs Grid+ vs WePowerGrid+ is similar to Power Ledger, although there are some key difference. On the similarity side both are blockchain based, and both allow consumers to buy renewable energy directly. Both utilize a token based system.
Power Ledger Compared to Others
On the differences, Power Ledger is P2P focused, while Grid+ offers wholesale sales and pockets the profits. Grid+ has its own hardware for figuring out energy pricing, while Power Ledger uses local metering. Grid+ is relatively new, and Power Ledger has been around since 2016.
WePower and Power Ledger are pretty similar in that they both allow for selling solar energy, they’re both blockchain based, and they both use tokens. Power Ledger uses a straight-forward P2P selling setup, while WePower uses an auction based system. Power Ledger and WePower have both developed global partnerships.
ConclusionPower Ledger has an admirable vision in looking to improve the energy sector by making renewable energy cheaper and more easily accessible. The system they’ve developed could eventually see even those in large developments obtaining electricity from local providers working on micro-grids and PAAs.
Since its beginnings in 2016 Power Ledger has been continually developing new services, and improving their existing services, which is exactly what we like to see from blockchain projects.
As the platform gains in adoption it becomes more likely that it will disrupt the entire energy production and distribution system. That could drive down prices for consumers dramatically given the current state of electricity generation and distribution. The growing adoption also makes people begin to change the way they view the means for purchasing and consuming energy.
If Power Ledger has its way renewable energy sources will become far more feasible and widespread in usage, which is something that can only be good for the world.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
