Month: August 2024

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OKX Founder Raises Red Flags

August 5, 2024 CryptoExpert

Star Xu, the founder of the major crypto exchange OKX, raises alarms about the frequent sell-offs of newly listed altcoins. Specifically, he points to the drastic decline of the Aevo token, which fell from a high of nearly $4 in March 2024 to a current value of $0.434. This represents a dramatic 90% drop in […]

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3 Token Unlocks to Watch Next Week

August 4, 2024 coinpulsehq

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices. However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Although next week lacks major unlocks, these three upcoming events are […]

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The Top Blue-Chip PFP NFTs of 2024

August 4, 2024 coinpulsehq

#5 Azuki Source: Azuki Released: January 12, 2022Blockchain: EthereumQuantity: 10,000Mint Price: 1 ETH Developed and run by Chiru Labs, Azuki is well known for its lively community and anime-inspired artwork. Created by four anonymous founders, led by ZZZZagabond, the project blurs the lines between the physical and digital worlds. Since minting on January 12, 2022, […]

Press Release

Bitcoin Layer-2 Solutions Face Viability Issues

August 4, 2024 CryptoExpert

Bitcoin Layer-2 (L2) solutions have recently garnered significant attention within the crypto community. However, a new report highlights potential challenges regarding their long-term viability. Layer-2 solutions aim to enhance the Bitcoin blockchain’s scalability and speed by processing transactions off the main chain. Despite their promise, these solutions might encounter issues related to high data posting […]

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MicroStrategy Selling $2 Billion in Shares for Bitcoin

August 4, 2024 coinpulsehq

MicroStrategy aims to sell up to $2 billion of its class A shares to invest in Bitcoin and for other corporate uses. The Virginia-based company disclosed this plan in a recent regulatory filing with the US Securities and Exchange Commission (SEC). MicroStrategy Eyes $2 Billion Bitcoin Buy According to the filling, MicroStrategy, widely recognized in […]