Cryptocurrency

Sun expressed confidence in Bitcoin’s future but clarified that he did not take a long position at the $69,000 price level.This clarification came in response to a claim by Ki Young Ju, CEO of CryptoQuant, who alleged that Sun had opened a substantial Bitcoin long position using stUSDT as collateral.He pointed out that the USDT reserve was around $24 million and questioned the source of the collateral, stating that Sun used $460 million worth of stUSDT, a stablecoin project with a high annual percentage yield, with 89% of the supply in HTX.Interestingly, Ju later deleted his post, explaining that he intended to clarify matters with the exchange team. He emphasized that he was not being compensated for this action and did not want to harm their business before they had a chance to comment.While Sun denied purchasing BTC at the $69,000 level, he did not address allegations regarding his Ethereum acquisitions. Recently, Spot On Chain reported that since Feb. 8, Sun may have bought 362,751 ETH, worth approximately $1.11 billion, via three wallets.This article was originally published on U.Today More

Axiom Foundation announced today that it will partner with GolfN to accelerate the field of Play-to-earn in real-world golf. The non-profit foundation has committed to providing blockchain infrastructure for GolfN which will initially include an allocation of the SPL $GOLF token for utility in the forthcoming GolfN mobile app and the use of Axiom’s proprietary caching system for GolfN’s NFT collectible golf clubs. In addition to partnering with GolfN, Axiom’s first round of partnerships includes several leading Solana ecosystem projects such as Bonk!, Kanpai Pandas, and Degen Ape Academy.Axiom made waves earlier this year when it announced it would release the GOLF token on the Solana network to kickstart the proliferation of Play-to-earn mechanisms in global Golf engagement. In addition to providing GolfN with a GOLF token allocation, Axiom has built a novel Caching Portal within the Solana ecosystem where collectors and golfers alike can earn rewards on their Axiom-approved digital collectibles without those assets ever leaving their owners’ wallets. Golfers can simply connect their wallet to the Axiom app, see their collectibles and complete sets eligible, and cache them. Rewards will begin to accrue at the next epoch. About GolfNGolfN is redesigning golf engagement for the decentralized digital era. With a focus on innovation, community, and sustainability, GolfN is dedicated to enriching the golfing experience for golf enthusiasts of all levels. In addition to minting the first digital collectibles for a real-world sport like golf, GolfN is developing a gamified social caddie app for on-course play, which golfers can use to play better and earn blockchain-convertible rewards.ContactsThe Axiom Foundationinfo@axiomfoundation.ioHead of CommunicationsBrandon TuckerGolfN Inc.brandon@golfn.comThis article was originally published on Chainwire More

Empowering players, creators and developers to drive community-driven innovation in gamingREADYgg, a leading platform in integrating Web3 technologies into gaming, has launched its utility token, RDYX, on CoinList. The token presale began on July 10, 2024, at 17:00 UTC and will conclude on July 17, 2024, at 17:00 UTC. This launch is a key component of READYgg’s comprehensive roadmap to seamlessly transition Web2 players, creators, and developers into the Web3 gaming ecosystem. In conjunction with the RDYX token launch, READYgg has also launched the $RDYX Cup. Top-ranking players in this esports tournament will not only secure whitelisting spots for the RDYX token presale but also receive an early adoption bonus item for future gameplay within the ecosystem.Token Sale Details:Key highlights of the READYgg platform include:About READYggREADYgg is at the forefront of integrating Web3 technologies into gaming, aiming to make Web3 games universally accessible. The platform supports creators and developers at all levels, enabling games on every platform for every player, powered by the innovative $RDYX token. Committed to fostering an inclusive, creative, and economically vibrant gaming community, READYgg leverages blockchain to enhance gameplay and player engagement through “ownership gaming.”For more information, users can visit READYgg | LinkedIn | Facebook (NASDAQ:META) | Twitter | Discord | Telegram.ContactEthel OoiPink Tiger Mediaethel.ooi@pinktigermedia.com+60 12-427 8657This article was originally published on Chainwire More

PONKE is proud to announce its recent inclusion in the GMCI Top 30 Index. This milestone underscores the asset’s growing influence and solidifies its position among the leading crypto assets in the market. It can be a testament to PONKE’s unique appeal and the robust community supporting it. As a memecoin, the crypto asset has leveraged humor, creativity, and community engagement to carve out a distinctive niche in the crowded crypto space. The GMCI Top 30 Index has rigorous selection criteria that emphasize market capitalization, liquidity, and overall market impact. By highlighting the most influential and stable cryptocurrencies, the index can provide a barometer for investors seeking to navigate the dynamic and often volatile crypto market.The inclusion of PONKE signals the project’s stability and growing market presence, demonstrating confidence in its long-term potential. Memecoins are featured in GMCI Meme, a specialized index that captures the unique essence and humor intrinsic to crypto culture and web3 communities. It focuses on viral assets that have captured the imagination of the crypto world.Meme coins are increasingly shaping the narrative within the crypto space. The GMCI Meme Index can be a resource for investors interested in opportunities available on this side of the crypto ecosystem. PONKE is also big on community engagement. Its social media pages bring together web2 and web3 audiences, fostering an inclusive and diverse community where crypto enthusiasts, newcomers, and seasoned investors alike can share ideas and stay updated on the latest developments. PONKE’s strategic vision focuses on becoming the primary onboarding vehicle on Solana, with a clear mission to convert web2 trading enthusiasts into crypto natives.Overall, a community-driven approach remains a big part of PONKE’s strategy. The team acknowledges the indispensable role that supporters play in any project and looks forward to further collaborations and initiatives that will drive PONKE to new heights.The GMCI Top 30 has become a barometer of the evolving cryptocurrency market. Notable inclusions in this index also include major cryptocurrencies like Bitcoin and Ethereum. Since its inception, PONKE has rapidly grown in popularity, driven by a dedicated community and innovative approaches to digital assets. It is on a mission to convert web2 trading enthusiasts into crypto natives and become the #1 onboarding vehicle on Solana. ContactKingsleyJamiePonkej.kingsley@theprgenius.comThis article was originally published on Chainwire More

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BlockGuard, a DeFi protocol based out of the USA, is thrilled to announce the launch of its decentralised portfolio management platform called Fusio. Fusio is designed to provide both novice and experienced investors with an effortless, intuitive way to diversify their digital assets.Prominent DeFi KOLs and Investors @CryptoFace, @CryptoSensei, and @GreyJabesi have also joined hands with the platform and become Fusio’s very first Curated Portfolio Managers. Fusio introduces Curated Portfolios (CP), a feature that allows anyone with a Reserve or Prospector NFT to create diversified portfolios for others to copy, enabling users to benefit from the expertise of experienced investors.With Portfolio Builder (PB), Fusio empowers users to choose their own allocation of coins for a self-directed portfolio manager. This feature caters to individual investment strategies and preferences.In the coming months, BlockGuard will launch its own DEX wallet ensuring a unified user experience for Fusio users.In the future, BlockGuard is poised to open the floodgates for blockchain adoption, providing a well-rounded ecosystem and tools for trading users and advisors to succeed in the DeFi space. Users can stay tuned and keep their eyes open for more exciting developments.Founded by experts with deep roots in both traditional finance and decentralised finance, BlockGuard bridges the gap between TradFI and DeFi. Thomas Owings brings extensive experience in traditional finance, while Anthony Bevan and Anthony Zirolli specialise in decentralised finance. Together, they are committed to building an inclusive and practical decentralised ecosystem.For more information, users can visit: https://www.blockguard.org/ContactMarketing ManagerRumaanPixelette techRumaan@pixelette.techThis article was originally published on Chainwire More

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GoldenDolphin, a new cryptocurrency project, has announced the official launch of its presale on July 14th. This follows a successful private sale that garnered significant interest and contributions from the cryptocurrency community. The project has also reached over 10,000 members across its Telegram groups, reflecting strong and growing community support.Presale to Begin on July 14thGoldenDolphin ($GLD) is set to launch its presale on July 14th, offering early investors the opportunity to secure $GLD tokens. The GoldenDolphin team viewed the private sale phase as a sign of strong engagement and support from the community.A Vibrant and Engaged CommunityGoldenDolphin has rapidly built a vibrant and engaged community that is passionate about the project’s unique blend of fun and utility. The community’s strength is evident in the active discussions and participation across GoldenDolphin’s social channels.Innovative Features and Future PlansGoldenDolphin stands out in the crowded crypto space with its innovative features and ambitious roadmap. The project includes a play-to-earn game that allows users to earn $GLD tokens through engaging and enjoyable gameplay. This game is currently in development, with regular updates and sneak peeks provided to the community.GoldenDolphin also plans to launch on multiple networks, including BEP20 and Solana, offering flexibility and accessibility to a broader audience. The funds raised during the presale will be used to further develop the platform, enhance marketing efforts, and ensure a seamless and successful launch.GoldenDolphin Presale: Embrace Innovation and CommunityThe GoldenDolphin team invites everyone to join this exciting journey and become part of a project that combines innovation, fun, and a strong community spirit. The presale is anopportunity to secure $GLD tokens early and be part of a growing movement that aims to make waves in the cryptocurrency world.About GoldenDolphinGoldenDolphin ($GLD) is a cryptocurrency project inspired by the grace and intelligence of dolphins. It aims to create a vibrant and engaging community while providing real-world utility and value through its unique features and offerings. More