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Recent partnership announcements in the cryptocurrency market have captured the attention of investors, resulting in price increases for many altcoins. The latest partnership news comes from PancakeSwap, which experienced a surge of over 10% in the price of its native token, CAKE, following an announcement of collaboration with Google Cloud. PancakeSwap revealed that it has integrated Google Cloud’s services into its platform, utilizing the cloud solutions to handle high traffic and scale effectively. This move demonstrates PancakeSwap’s commitment to meeting its platform’s growing needs. In the past period; Flare (FLR), Near, Polygon (MATIC), and Celo have also announced a similar…

Despite the price increase of Bitcoin, the crypto market has been witnessing low trading volumes. However, recent data shared by WuBlockchain indicates a positive shift in June 2023. Total spot trading volumes on centralized exchanges (CEX) have surged by 10.4% compared to the previous month. WuBlockchain’s data reveals that the Binance exchange recorded the highest trading volume, while Upbit experienced the highest monthly increase at 47.9%. In June, the total transaction volume reached $468 billion. The top 5 cryptocurrency exchanges with the highest spot trading volume in June were as follows: Regarding futures transactions, there was a 9.5% increase compared…

In a recent announcement, Binance, a renowned cryptocurrency exchange, revealed its latest Launchpad project, Arkham (ARKM), marking it as the 32nd project of its kind. As of July 10, 2023, users were notified to proceed with the necessary procedures for the sale, while the distribution of tokens and the estimated listing are scheduled to take place on July 18, 2023. While the altcoin activity shows slight progression, Binance, being one of the world’s largest cryptocurrency exchanges, took the opportunity to introduce its newest Launchpad initiative. The upcoming listing of Arkham Intelligence on Binance is eagerly anticipated following the successful sale…

In a recent Twitter Space session, Vitalik Buterin, the visionary behind Ethereum (ETH), the second-largest cryptocurrency in terms of market value, shared his insights on Bitcoin and its future. Buterin emphasized the need for scaling solutions to enable Bitcoin’s use as a payment method. During the broadcast, Buterin specifically mentioned Plasma and ZK Rollup as potential solutions for Bitcoin’s challenges. He acknowledged the accomplishments of Optimism and Arbitrum in this regard, highlighting that solutions based on zk-SNARKs could be favored. He encouraged the community to approach these possibilities with an open mind. Another noteworthy topic discussed was the resurgence of…

Recent news regarding the launch of spot ETFs has contributed to the rise in Bitcoin’s price, albeit with a subsequent period of stagnation. Numerous experts, institutions, and organizations share the belief that the price of Bitcoin will witness significant growth in the future. One such perspective originates from London-based Standard Chartered Bank, which released a note outlining its positive outlook for BTC in the 2023-2024 timeframe. According to a report by Reuters, Geoff Kendrick, an analyst at Standard Chartered Bank, emphasized that the “crypto winter” era has come to an end. Kendrick believes that Bitcoin’s recent 20% surge is indicative…

Şant Manukyan, IS Investment International Markets Directorthe most important topic on the agenda lately BlackRock’s Bitcoin Spot ETF regarding their application BeInCrypto Türkiyeanswered the questions of. BlackRock Application Important Shant Manukyan evaluated Blackrock’s application for the Bitcoin Spot ETF and said that, looking at the past applications, there is an expectation that this application will result in a positive result; Looking at BlackRock historically, 574 of the 575 ETF applications were accepted. Therefore, it is not a very wasteful institution. When we look at it in terms of timing, there was a positive development that we did not know, the…

Arbitrum (ARB), one of the optimistic rollup solutions, met with investors after the airdrop and attracted great attention. Having released some of the assets at the initial stage, the team also made a decision regarding the approximately $770 million worth of assets set aside for the foundation. As a result of the community vote, these assets will be transferred to the foundation gradually within 4 years. Arbitrum DAOAccording to the decision taken by ‘su, 700 million ARBs are locked in a smart contract that will be opened gradually. Funds will be gradually transferred to the Arbitrum Foundation over a 4-year…

The European Union has enacted the crypto money law MICA in the past months. The actual implementation of the law will begin in 2024, but new discussions have already flared up. The European Financial Markets Association stated that the DeFi sector, which is not covered by the law, should also be regulated. In the post dated July 6, 2023, the views of the researchers were included. Accordingly, both European Union both within United Kingdom in DeFi (decentralized finance) stressed that their activities should not be left out of regulation; “We believe that decentralized finance (DeFi) and its associated activities should…

The trends of the cryptocurrency market can differ from time to time. Many investment firms can adapt to this situation and change the areas in which they invest. Although the investments made by corporate companies in the sector have decreased recently, it is thought that this situation will change in the future. According to The Block’s research, companies have changed the weights of the sectors they invest in in 2023. According to the research, investment companies have not given up for a long time. NFT and Gaming has reduced the weight it gives to the sector. Network solutions that provide…

Shiba Inu, one of the most popular meme coins, is counting the days to switch to the Shibarium network. For the network, which continues to develop on the testnet, developer Kusama shared the latest updates in his blog post. Accordingly, the projected date for the launch of the new network is August 2023. In the post shared by Kusama, it was stated that the network with a Layer 2 solution will be launched and will also introduce applications that will take place in the ecosystem. Shibarium testnet It has been on the air for a while and has attracted the…