#CRYPTOPOTATO News

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Spheroid Universe Coin to be Listed on MEXC Exchange

cryptopotato.com [PRESS RELEASE – Dubai, United Arab Emirates, June 5th, 2023] Spheroid Universe, a futuristic Metaverse that augments the real world in every part of the Earth, is…

Bitcoin Price Tumbles Below $27K, The Sandbox (SAND) Soars 6% Daily (Market Watch)

cryptopotato.com Bitcoin tried its hand at taking down $27,500 yesterday once again but was rejected and pushed back down south. Most altcoins are also in the red today, with ETH slipping…

Japan Blockchain Week 2023 Supported by Ministry of Economy, Trade and Industry in Japan

cryptopotato.com [PRESS RELEASE – Tokyo, Japan, June 4th, 2023] The Ministry of Economy, Trade and Industry (METI) will support Japan Blockchain Week 2023, which is an all-Japan event to…

Dapp Industry Grew by 10% in May Despite DeFi Declines

cryptopotato.com According to DappRadar’s monthly industry report, the decentralized application industry grew by 9.97% in May. It has reached an average of 1,967,051 daily unique active…

PayPal Ventures Leads $52M Funding Round for Web3 Firm Magic

cryptopotato.com San Francisco-based wallet-as-a-service (WaaS) provider Magic has raised $52 million in a strategic funding round led by PayPal Ventures bringing the firm’s valuation to…

Traders are Backing This AI Crypto Coin to Boom After Hitting $2M in Presale

cryptopotato.com The yPredict presale has raced past the $2 million milestone as buyers rush to invest in the AI-powered trading and analytics platform. YPRED tokens, which power the project…

ONFO Coin Co-Founder and Crypto Advocate Found Dead in Arkansas: Report

cryptopotato.com John Forsyth, a Missouri emergency room doctor, crypto advocate, and co-founder of crypto project Onfo (ONFO), was recently found dead in northwest Arkansas after being…

Crypto Rug Pull Losses Outpaced DeFi Exploits in May: Report

cryptopotato.com A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams and rug pulls was higher than the amount stolen from…

Ripple Explodes 11% Weekly But Bulls Must Now Focus on This Resistance (XRP Price Analysis)

cryptopotato.com In recent weeks, Ripple’s price has displayed an upward trend, recovering from a notable support level. However, there is still a crucial resistance level that must fall for…

Calm Before the Storm? BTC Attempts to Push Above $27K (Bitcoin Price Analysis)

cryptopotato.com Bitcoin’s price is currently going through a phase of consolidation and has reached the 100-day moving average of $26,922. However, two significant support areas ahead on…

4 Meme Coins to Watch as PEPE Coin Mania Winds Down

cryptopotato.com Meme coins have had a long-lasting impact on the cryptocurrency market as they’ve been cemented into the crypto culture and become an inseparable part of the industry. It…

Atomic Wallet Hacked: Largest Victim Reportedly Lost 2.8M USDT

cryptopotato.com The non-custodial decentralized crypto wallet Atomic Wallet – with a reported user base of over five million customers – said some of its users complained about having their…

Soars 17% Weekly, Bitcoin (BTC) Maintains $27K (Weekend Watch)

cryptopotato.com Bitcoin has remained stuck during the weekend amid the lower trading volumes but still stands above $27,000. The altcoins are also quiet on a daily scale, but several – such…

OvalPixel Launches Groundbreaking Play-to-Earn OPAIG AI Game Token

cryptopotato.com [PRESS RELEASE – Los Angeles, USA, June 2nd, 2023] OvalPixel announced the launch of its groundbreaking blockchain-powered artificial intelligence (AI) trivia game that pays…

Scam ChatGPT-Style Web3 Firm’s Press Release Was Auto-Scraped Into Bloomberg

cryptopotato.com OpenAI’s sensational chatbot service ChatGPT has taken the world by storm. This explosion of interest has translated into a proliferation of new apps that trick users with…

Want to Become an Ethereum Validator? You Have to Wait 45 Days and Here’s Why

cryptopotato.com This year, Ethereum’s network officially transitioned to a Proof-of-Stake consensus algorithm, leaving Proof-of-Work forever behind. One of the multiple implications The…

6 Ways Aritficial Intelligence (AI) Will Change Our Lives by 2030: ChatGPT Predicts

cryptopotato.com Artificial intelligence (AI) continues to be a booming topic amongst tech aficionados and beyond. We’ve had our fair share of articles where we talk to ChatGPT – arguably…

Former Ethereum Miner CoreWeave Inks an AI Deal With Microsoft

cryptopotato.com The cryptocurrency industry continues to comingle with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former…

Fears for Humanity and the Dangers of Artificial Intelligence According to Geoffrey Hinton

cryptopotato.com The cryptocurrency industry has been widely impacted by the advance in artificial intelligence technology. More specifically, the increasing po polarity of AI-based chatbots…

Warning! Peter Schiff’s Twitter Account Compromised, Lures to Phishing Site

cryptopotato.com Long-term gold proponent and arguably the most popular full-time Bitcoin basher – Peter Schiff – has had his Twitter account comrpomised. According to Blockfence, Peter…

Tron Explodes 10% Daily, Bitcoin Stable at $27K (Weekend Watch)

cryptopotato.com Bitcoin’s price has settled at around $27,000 after dipping below that level on a few occasions during the working week. Most altcoins are also quiet today, aside from Tron,…

Binance Crowns zkPass as Winner of its First Web3 Reality Show ‘Build The Block’

cryptopotato.com Leading cryptocurrency exchange, Binance, has just concluded its first metaverse reality show dubbed “Build The Block.” The show ends with the blockchain project zkPass…

Elon Musk Sued for Insider Trading With Dogecoin Using “Publicity Stunts”

cryptopotato.com Tesla boss Elon Musk is guilty of insider trading against his followers using Dogecoin (DOGE), alleged memecoin investors in a court filing against the tech entrepreneur on…

Coinbase to Launch Bitcoin and Ether Futures Contracts for Institutional Investors on June 5

cryptopotato.com Popular crypto exchange Coinbase will launch Bitcoin and Ethereum futures contracts for institutional investors on June 5, the company said on its website. The company will…

As the Meme Coin Craze Shows No Signs of Slowing Down, Here Are 3 Tokens That Could Explode Next

cryptopotato.com The meme coin market has taken a hit in recent weeks, with most tokens suffering double-digit value drops. Investors are now looking elsewhere for returns potential, given…

Scam Token ‘OPENAI’ Promoted On OpenAI CTO’s Twitter Account

cryptopotato.com The Twitter account belonging to OpenAI CTO Mira Murati was hacked on Thursday, and used to promote a scam crypto token supposedly backed by the company. The tweet stayed…

Crypto and Fiat Stored on Apps Might Not Be Insured by The FDIC

cryptopotato.com In a report recently published by the Consumer Financial Protection Bureau (CFPB) of America, regulators warn that crypto and fiat held on mobile apps may not actually…

Bitcoin Wins No Matter What the Fed Does: Arthur Hayes

cryptopotato.com Will the Federal Reserve stop raising interest rates next month? For Bitcoin investors, the answer may not actually matter. According to BitMEX co-founder Arthur Hayes,…

Ripple Leads With 11% Gains, Bitcoin Struggles With $27K, Injective (INJ) Explodes: This Week’s Recap

cryptopotato.com The past seven days saw the cryptocurrency market increase, but it wasn’t something particularly considerable. Bitcoin remained rather stagnant and managed an increase of…

Mike Novogratz Says Crypto is Lackadaisical Right Now

cryptopotato.com Michael Novogratz, the founder and CEO of Galaxy Digital, believes the crypto space is lackadaisical right now due to low participation from institutional investors. During…

New Centralized Crypto Exchange S-Trade Delivers Simplicity and Security

cryptopotato.com [PRESS RELEASE – Dubai, UAE, June 2nd, 2023] S-Trade, a new crypto exchange with a range of innovative features, has launched with the goal of simplifying digital asset…

DPAT Raises Private Funding To Enhance Web3.0 Ecosystem

cryptopotato.com [PRESS RELEASE – Accra, Ghana, June 2nd, 2023] DPAT, the first Web3 crowdsourcing platform designed to connect investors with real estate and infrastructure opportunities in…

Silvergate Ordered to Submit Liquidation Plan Within 10 Days

cryptopotato.com One of two crypto-friendly banks that provided much-needed liquidity for the industry – both of which went bankrupt earlier this year – Silvergate Bank, has been ordered to…

Crypto Price Analysis Jun-2: ETH, XRP, ADA, BNB, and LTC

cryptopotato.com This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin. Ethereum (ETH) Ethereum’s volatility spiked this week, and it managed to book a 4%…

and Aptos (APT) Soar by 7%, BTC Remains Shaky at $27K (Market Watch)

cryptopotato.com The past 24 hours saw another dip from bitcoin that drove it south to its lowest price position in a week, but the asset managed to erase those losses in the following…

Shiba Inu: Leading Exchange Predicts SHIB Could Rise 165%, Reach $0.0000225

watcher.guru Shiba Inu is currently trading at $0.00000850 and is down nearly 0.1% in the 24-hours day trade. Its price remains stagnant for over a week with little to no signs of a…

OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking

cryptopotato.com [PRESS RELEASE – SAN FRANCISCO, UNITED STATES, June 1st, 2023] With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on…

USDC Stablecoin to Be Launched Natively on Layer 2 Scaling Solution Arbitrum

cryptopotato.com Stablecoin issuer Circle announced launching USDC natively on Arbitrum on June 8th. The latest move will replace the currently circulating bridged version of the stablecoin…

XRP: Public Awaits The Release Of The Hinman Documents

cryptodaily.co.uk Ripple executives and the broader crypto industry eagerly await the Hinman documents’ public release. Hinman Documents Expected to Be Unsealed by June 13 The highly…

Gemini Eyes UAE Expansion Amid US Uncertainty, Crypto.com Gets MPI License in Singapore

cryptopotato.com The Winklevoss-led crypto exchange Gemini announced it has started the process of acquiring a crypto license to serve customers based in the United Arab Emirates (UAE). As…

CleanSpark Scoops Up 12,500 Bitcoin Mining Machines for $40.5 Million

cryptopotato.com Sustainability-focused Bitcoin mining firm CleanSpark is expanding its ASIC fleet by 12,500 units after investing $40.5 million into new hardware. The added equipment is…

New Meme Coin Wall Street Memes Presale Hits $2M: Could it be The Next Pepe?

cryptopotato.com Meme coins continue to reign supreme in the market, with tokens like Dogecoin and Shiba Inu demonstrating the incredible power of retail traders. The latest to join this…

XRP Tests $0.5 Critical Resistance But Will the Rally Continue? (Ripple Price Analysis)

cryptopotato.com Ripple’s price has shown bullish movement in recent weeks. However, there is a notable resistance level that needs to be overcome before a more sustained rally can be…

ETH Remains Uncertain But $2K Seems a Likely Target: Ethereum Price Analysis

cryptopotato.com Ethereum has been consolidating within a narrow price range, tightly bound by the upper limit of the descending flag pattern and the 100-day moving average. However, a…

FLEX Pumps 19% After OPNX Exchange Issues New Governance Token

cryptopotato.com OPNX – the crypto bankruptcy claims exchange launched by Su Zhu and Kyle Davies – released a whitepaper for its new ‘OX’ governance token on Wednesday. Details around the…

Understanding Token Burns And Why They Are Becoming So Popular For Crypto Projects

cryptopotato.com The cryptocurrency market has boomed over the past decade, with many tokens boasting billion-dollar valuations. With such exponential growth in the market, many would expect…

Market Cap Breaks May 2022 ATH Level of $83.2 Billion

cryptopotato.com the world’s largest stablecoin, achieved a groundbreaking milestone by surpassing its previous all-time high market cap of $83.2 billion, a record set back in May 2022. This…

Devour and Alterverse Partner to Bring the First Web3 Food Ordering Marketplace to the Metaverse

cryptopotato.com [PRESS RELEASE – Phoenix, AZ, June 1st, 2023] Devour, a pioneering restaurant engagement technology company, is thrilled to announce its strategic partnership with…

After Bitcoin’s First Monthly Decline of 2023, These Are the 3 Key Support Levels

cryptopotato.com Bitcoin’s network fundamentals have continued to explode this year. The price side of things, however, has been disappointing recently. With its stagnating since mid-March,…

Bitcoin Mining Difficulty Exceeds 50T for the First Time

cryptopotato.com Bitcoin’s price is still stuck in a narrow range, but it has never been more difficult to mine the world’s largest crypto-asset than it is now. Its network fundamentals…

Will Ethereum Flip Bitcoin? We Put ChatGPT and Google’s Bard Against Each Other

cryptopotato.com Naturally, the question of whether Ethereum will overtake Bitcoin by total market cap is very interesting to crypto investors. And there are some pretty strong arguments to…

Massive Gaming Partners with Neowiz and IntellaX to Launch Free Online Hold’em Game, House of Poker, in June

cryptopotato.com [PRESS RELEASE – Seattle, United States, May 30th, 2023] Massive Gaming, in collaboration with Neowiz and IntellaX, is thrilled to announce the upcoming launch of House of…

Price Exploded 12% in 7 Days (And One Important Catch)

cryptopotato.com Despite the fact that the larger part of the cryptocurrency market is mostly covered in red, one prominent altcoin seems to stand out. Ripple’s XRP price is soaring in the…

Pumped 12% While yPredict and Launchpad (XYZ) Also Surge

cryptopotato.com In a surprising turn of events, Ripple has experienced a notable price increase, soaring 12% in the past seven days. This surge comes as a breath of fresh air for XRP bulls,…

Gate.io Dispels Rumors About Its Demise Amid Multichain Fiasco

cryptopotato.com Last week, the price of the Multichain token crashed by about 20% due to reports of withdrawals going awry. The exact reason for transactions in the Multichain token getting…

Bitcoin Closed First Red Month in 2023 Following a 7% Decline in May (Market Watch)

cryptopotato.com Bitcoin’s price slipped once again as May came to its end, and thus the asset registered its first losing month since the start of the year. Most altcoins are in no better…

Investment Bank Cowen Closes Crypto Asset Division Following Acquisition: Report

cryptopotato.com The American boutique investment bank Cowen Inc. is closing its crypto asset unit. It has become the latest financial institution to shy away from digital assets amid a…

Revolutionary Crowdfunding Platform for AI Startups InQubeta Launches QUBE Presale

cryptopotato.com [PRESS RELEASE – Mahe Island, Beau Vallon, Seychelles, May 31st, 2023] InQubeta, a pioneering platform in the crypto crowdfunding space, is thrilled to announce the launch…

Huobi Joins HKVAC as First Member to Fuel Hong Kong’s Ambition to be a Global Web3 Hub

cryptopotato.com [PRESS RELEASE – Singapore, Singapore, May 31st, 2023] Huobi announced that it became the first member of Hong Kong Virtual Asset Consortium (HKVAC). By joining HKVAC, an…

Chinese Police Detain Team Behind Yuan-Backed CNHC Stablecoin: Report

cryptopotato.com Chinese police have reportedly arrested and detained some employees of Trust Reserve, the company behind the yuan-backed CNHC stablecoin. According to a report from local…

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