Cryptocurrency

Multipool, a leading innovator in the blockchain and cryptocurrency industry, today announces a strategic investment from Kronos Research. This investment solidifies Kronos’s stance of on-chain order books being the future of the industry and marks a significant milestone in strategic cooperation between the two companies and their commitment to decentralized finance. Multipool’s aim of delivering a fully on-chain trustless orderbook to the DeFi industry aligns with Kronos’s vision of democratizing access to compliant advanced financial tools. This marks the first step in a long and fruitful partnership that will bring stability, awareness and access to a suite of full decentralized tools currently in high demand industry wide. To learn more about Multipool and its features, users can visit:Website – www.multipool.financeTelegram – t.me/multipoolfiX – https://x.com/multipoolfi CMC-Community – https://coinmarketcap.com/community/profile/multipool/About MultipoolMultipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in the user’s trading journey with Multipool – The DEX with CEX appeal. Website: https://www.multipool.finance/About Kronos ResearchKronos Research is a technology and data-driven trading firm transforming the digital asset landscape by cultivating a dynamic financial ecosystem with exceptional trading performance, advanced cryptocurrency investment strategies, and extensive liquidity provision capabilities.Their advanced machine-learning techniques and state-of-the-art trading infrastructure form the backbone of our quantitative trading operations. These enables them to deliver precise data and insights, bolster risk management, develop effective trading strategies, and empower informed investment decisions.By leveraging our expertise, they strive to foster strong partnerships and deliver significant value through continuous advancement and innovation. For further information or media inquiries, users can contact:Marketing Departmentmarketing@kronosresearch.comWebsite: www.kronosresearch.comSocial Media: [LinkedIn] [Twitter] [Facebook] [Instagram]ContactPublic Relations ManagerAngie HermosaMultipoolpress@multipool.financeThis article was originally published on Chainwire More

Catalyze, the pioneering community platform for Web3 education, proudly announces the official launch of its app (catalyze.one) and campaign to onboard the next generation of Web3 leaders, ushering in a new era of decentralized community engagement, rewards, and governance. In celebration, Catalyze hosted a grand launch event in partnership with Crypto Mondays Zürich last night at Trust Square, Bahnhofstrasse.Catalyze is set to revolutionize community management with its intuitive Web3-based tools, enabling users to create and manage communities, schedule events, and facilitate value exchanges within a decentralized framework. The platform aims to become the new Web3 Learning Hub, where Web3 leaders can be rewarded, and communities can host both online and offline events.Launch of ‘Web3 Alphas’ NFT Series As part of the app launch, Catalyze introduces the ‘Web3 Alphas’ NFT series. These NFTs pay homage to the early days of personal computers and Macs and nod to the Internet Computer Protocol (ICP) on which Catalyze is built. Only 2000 NFTs will exist: 1000 will be available for purchase, and 1000 will be gifted to the first 1000 Key Opinion Leaders (KOLs), who build their New Internet communities on Catalyze.Utility of ‘Web3 Alphas’ NFTs:CTZ Token Rewards Program Catalyze is rolling out the CTZ Token Rewards Program to incentivize users to build and engage within communities on the platform. This program will be implemented in three phases:Earlier this month, Catalyze hosted a private dinner event, inviting leaders in the Swiss Web3 space to be the first to experience the app, share their stories, give feedback, and join the Web3 Alphas group. Attendees included representatives from Bitcoin Suisse, TrustSwap, Sygnum Bank, Cardano Foundation, Inacta Ventures, Amina Bank, Kuble, ZIA, CV Labs, Internet Computer, ICP Hubs, VP Bank, Swiss NFT Association, Women in Web3 Switzerland Association, Crypto Valley Association, and more. The feedback was overwhelmingly positive, with excitement from attendees about a platform dedicated to ‘DYOR’ in Web3.About CatalyzeCatalyze was founded in 2021 by Ray Laracuenta, Johann Hartmann, and Ben Everard, with a vision of community empowerment through decentralized governance. Their mission is to connect communities with user-friendly tools and instant value transfer, making the world a smaller and better place.To join Catalyze, the go-to platform for Web3 learning, and the Swiss Web3 ecosystem in celebrating the future of global decentralized community building, users can go to: catalyze.oneCatalyze Links:App: https://catalyze.oneWebsite: https://chat.catalyze.oneX: https://x.com/catalyze_oneLinkedIn: https://www.linkedin.com/company/catalyzeweb3Substack: https://substack.com/@catalyzeofficialTelegram: https://t.me/CatalyzeoneContactHead of PartnershipsKinga PilatCatalyzekinga@catalyze.oneThis article was originally published on Chainwire More

Sui joins an exclusive list of AWS-integrated blockchainsSui Foundation, the organization dedicated to the advancement and adoption of the layer 1 blockchain of the same name, today announced the integration of Amazon (NASDAQ:AMZN) Web Service’s (AWS) Blockchain Node Runners on Sui, providing developers with a self-managed node deployment solution. Through this integration, builders on Sui will be able to easily set up and deploy Sui full nodes within the AWS environment, benefitting from the high availability, scalability, and reliability of AWS’s robust cloud infrastructure. AWS Blockchain Node Runners simplifies the process of running blockchain nodes, allowing users to easily deploy, scale, manage, and monitor secure blockchain nodes. As of today, Navi, a leading liquidity protocol, will be engaged as a Node Runner user to deploy full nodes on Sui. Navi, a leading liquidity on Sui, is one of the first users to engage with Node Runners on Sui, and have deployed their first node via AWS’s service as of today. As part of AWS and Sui Foundation’s commitment to empowering Sui builders, developers and startups who utilize AWS Blockchain Node Runners or are building on Sui may be eligible for up to $5,000 in Activate credits. Sui Foundation has also joined the AWS Web3 Provider program, which offers access to tools, resources, content, and credits to Sui developersContactSui Foundationmedia@sui.ioThis article was originally published on Chainwire More

Global Mobile Payment App Revolutionizes On-Chain Cross-Border Payments with Multi-Chain CapabilitiesReveel, an on-chain peer-to-peer payments dApp, today announced that it has reached the significant milestone of 100,000 users spanning over 160 countries. The achievement makes the Binance Labs-backed startup the largest on-chain peer-to-peer (P2P) payments app available, providing users access to decentralized, transparent and secure on-chain payments globally and across multiple tokens and chains, including BNB Chain with whom Reveel recently announced a collaboration. According to Emarketer, nearly 3 in 4 US smartphone users are expected to send money over P2P payment apps by 2028. Despite this increasing adoption, cross-border payments through traditional systems still amount to $190 Trillion USD. Stablecoins provide a less expensive and complex alternative to traditional cross-border payments, but the fragmented nature of crypto across 100s of networks has proven a barrier to broader adoption.Unlike other on-chain peer-to-peer payment methods, Reveel’s Multi-Token and Multi-Chain capabilities allow users to easily make cross-border or peer-to-peer payments regardless of the token or chain of choice, within a simple one-click interface. Reveel currently supports one-click payments across Ethereum, Base, BNB Chain, Optimism, and Polygon, using all stablecoins on those chains.As a pioneering omnichain payments infrastructure, Reveel provides a number of useful capabilities including: Reveel is an omnichain payments infrastructure that enables one-click cross-chain payments, connecting people across borders and networks. As a global P2P payments protocol, Reveel allows money to flow to anyone, anywhere, on any chain. Users can create their unique programmable payments ID, facilitating seamless transactions and fostering a borderless community. Reveel’s core values include decentralization, community-driven actions, and self-sovereignty, making it a fresh, forward-thinking solution in the crypto space.For more information, users can visit r3vl.xyz or follow us on X.ContactSenior ConsultantBridget van VoorstCW8 Communicationsreveel@cw8-communications.comThis article was originally published on Chainwire More

World no.2 token Ether also retreated, seeing few positive trades even as the Securities and Exchange Commission approved six spot Ether ETFs to begin trading later in the day. Bitcoin fell 1.8% in the past 24 hours to $66,425.7 by 09:12 ET (13:12 GMT). The token had risen as far as $69,000 over the weekend, but stalled on Monday. Ether dropped 0.2% to $3,495.58, with the token expected to see some selling as major ETF issuers prepare for the launch of their spot offerings. The world’s largest cryptocurrency extended losses into a second session as a weekend rebound stalled. The weekend rebound was driven largely by lower trading volumes.Still, Bitcoin was sitting on some gains over the past week, as speculation over a Trump presidency drove up hopes for a friendlier regulatory environment.Trump is set to speak at the Bitcoin Conference in Nashville this Saturday. The Republican nominee has maintained a pro-crypto stance during recent campaigning, and his campaign also accepts crypto donations. But uncertainty over Trump’s prospects rose after President Joe Biden dropped out of the 2024 elections, instead endorsing Vice President Kamala Harris as the Democratic presidential nominee. Harris was seen receiving enough support from Democratic delegates to be elected as the presidential nominee, but still needs to be officially appointed.Trump was seen polling ahead of Biden and Harris according to CBS and HarrisX polling data from last week. But it was unclear just how Biden’s stepping down will accept polling, given that some analysts expected Harris to perform better as a presidential candidate against Trump. Ether fell as the SEC approved six different applications for a spot ETF in U.S. markets, which are set to begin trading from Tuesday. The launch comes nearly six months after spot Bitcoin ETFs were approved for U.S. markets. While the launch had provided an initial boost to Bitcoin, driving it to record highs in March, the token has since floundered around the $60,000s for most part, while trading volumes in the ETFs also eased. Additionally, Ether may face some selling pressure as Ether trust operator Grayscale, which is set to convert the trust into a spot ETF, mobilized $1 billion of the token onto exchanges. Other altcoins tracked losses in Bitcoin and Ether. SOL and ADA fell 3.2% and 4.2%, respectively, while XRP rose 3.6%. Among meme tokens, SHIB lost 4%, while DOGE slid 5.3%.According to market analysts, the current bitcoin volatility can in part be attributed to Donald Trump’s upcoming appearance at the Nashville Bitcoin conference this weekend.”Prices for out-of-the-money options have increased significantly, indicating expectations for more extreme market movements,” analysts at QCP Capital said in a note. The stronger demand and increased prices for these options reflect a general sense of anticipation among market participants.This sentiment is also evident in Bitcoin options open interest on Deribit, where options implied volatility has risen from 53% to 67% over the past week, according to data from the derivatives exchange.Several other key events could also add to the market volatility, including inflows into spot bitcoin exchange-traded funds, and the release of the U.S. GDP and Personal Consumption Expenditures Price Index reports on Thursday. More

“The robust demand for the iShares Bitcoin Trust underscores investors’ preference to access a cryptoasset through the convenience of the iShares investment platform. The launch of the iShares Ethereum Trust ETF has enabled us to now provide investors access to the two largest cryptocurrencies by market cap,” said Jay Jacobs, U.S. Head of Thematic and Active ETFs.The iShares Ethereum Trust ETF is underpinned by the same institutional grade technology and risk management expertise used for iShares’ 1,400+ ETFs globally.“The launch of the iShares Ethereum Trust ETF adds to our digital assets offering and simplifies investor access to an asset that has the potential to support a different and wide range of blockchain applications,” said Robert Mitchnick, Global Head of Digital Assets at BlackRock (NYSE:BLK). “This latest offering is a testament of our commitment to driving innovation for our clients.”ETHA follows the iShares Bitcoin Trust (IBIT), which was launched in January 2024. BlackRock’s digital assets product suite demonstrates the firm’s ongoing dedication to giving clients access to new and evolving corners of the market.To learn more about the iShares Ethereum Trust ETF, visit iShares.com/ETHA More

FLOKI, the cryptocurrency ecosystem, announced today that Valhalla, a MMORPG (Massively Multiplayer Online Role-Playing Game) spin on the classic Creature-Collection adventure, will be the Associate Sponsor for India’s Tour of Sri Lanka. This partnership will give Valhalla significant visibility through mid-wicket pitch mats, ground LED boards, backdrops, and other high-visibility ground assets.Floki is the people’s cryptocurrency and the utility token of the Floki Ecosystem. FLOKI aims to become the world’s most known and used cryptocurrency, focusing on utility, philanthropy, community, and marketing.India will be touring Sri Lanka following their historic T20 World Cup championship win in the USA. The series will commence with back-to-back T20Is on July 27, followed by ODIs starting on August 1, with a two-day gap between each match. The series is expected to attract significant viewership, with estimations predicting a cumulative viewership of 180 to 220 million for both the ODI and T20I series.Sri Lanka Cricket expressed excitement about the partnership, stating it will bring more visibility and engagement to the sport.A Media Representative for FLOKI said, “It is with great enthusiasm that we at FLOKI step into a partnership to sponsor the India Tour of Sri Lanka 2024, an arena where the sport’s heart beats as fervently as our dedication to being a cryptocurrency for all.”About ValhallaValhalla is a spin on the classic Creature-Collection adventure set in a vibrant, lively, MMORPG open-world inspired by Norse mythology. Players interact with a diverse set of eccentric creatures called Veras, discovering, taming, training, and trading them. Alone or as a clan, players partake in a dynamic, player-driven economy to rise in community ranks and achieve tactical supremacy on the hexagonal-grid battlefield.Website: Valhalla.gameAbout FlokiFloki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and used cryptocurrency, focusing on utility, philanthropy, community, and marketing. Floki currently has over 490,000 holders and a strong brand recognized globally thanks to strategic marketing partnerships.For more information, users can visit Floki’s:Website | YouTube | Telegram | Instagram | TikTok | Discord | Facebook (NASDAQ:META) | Reddit | TwitchContactCommunity Relations OfficerPedro VidalFlokimarketing@floki.comThis article was originally published on Chainwire More

Throughout most of Q2 2024, the original cryptocurrency traded within a range, exiting the quarter about 10% below Q1 levels. This decline was attributed to miner capitulation driven by post-halving economics, large liquidations by the German government, fears surrounding Mt. Gox repayments, and a hawkish Federal Reserve, the report explains.“Despite these headwinds, U.S. spot BTC ETFs managed to attract around $2.4 billion of net inflows for the quarter, compared to $12 billion in Q1. The average BTC price for the quarter was $65,687, marking a 22.6% quarter-over-quarter increase from $53,579 in Q1. As of Q3, BTC has averaged $61,025, down 7.1% from Q2, primarily due to large liquidations of seized BTC by the German government, which concluded in mid-July.”Following a rough start to Q3, Bitcoin prices rebounded to over $68,000 driven by renewed ETF inflows and positive momentum around pro-crypto presidential candidate Donald Trump’s increasing election odds. In the first three weeks of Q3, U.S. spot ETF inflows have already exceeded total net flows from all of Q2, standing at over $2.5 billion as of July 19. H.C. Wainwright expects Bitcoin to continue range-bound price action in the third quarter before retesting recent highs and printing new all-time highs in Q4.”BTC production plummeted after the halving, as expected,” noted H.C. Wainwright. Total transaction fees awarded to miners increased 16.4% to 6,804 BTC in Q2, accounting for 12% of total block rewards, up from 7% in Q1. Two events, the launch of the Runes protocol and a glitch in OKX’s fee algorithm, caused short-term spikes in transaction fees, contributing to over 2,000 BTC worth of transaction fees for the quarter.Meanwhile, total miner revenues fell 22% quarter-over-quarter to $3.7 billion in Q2, as higher prices and transaction fees were not enough to offset the reduced block subsidy following the halving. Per H.C. Wainwright’s calculations, the combined market cap of public crypto miners was unchanged at $22 billion in Q2 but has since reached all-time highs, with the sector’s market cap exceeding $30 billion for the first time in history.”Last week’s system outage was an important marketing event for Bitcoin, as it demonstrated the importance of having access to a resilient, secure, decentralized, and distributed system,” H.C. Wainwright wrote.  More