Crypto ‘relief rally’ may be just beginning with sellers exhausted

    The crypto markets could be set for a “relief rally” after a market rollercoaster in June, with some analysts suggesting selling pressure on exchanges has tapered off. “Looking at July’s outlook, there is major reason to be optimistic after so much small trader capitulation,” crypto intelligence platform Santiment posted to X on July 2. It added negative…

    Vitalik Buterin proposes faster Ethereum trades with single-slot finality

    Ethereum co-founder Vitalik Buterin is looking to speed up transactions on the Ethereum network by using tools that would potentially cut layer-1 (L1) confirmations from a few seconds to milliseconds. Buterin published a blog post on June 30 titled “Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times.” In the article, he…

    Aptos seeks Aave community support for non-EVM integration

    The Aptos Foundation has introduced a governance proposal that could broaden its blockchain capabilities. According to a July 1 temperature check proposal, the foundation wants the Aave community’s input on introducing Aave Protocol v3 onto the Aptos mainnet. If the proposal moves forward and is approved, the deployment would mark the first time Aave’s open-source liquidity protocol…

    Roaring Kitty faces securities fraud claims in ‘doomed’ GME lawsuit

    Keith Gill, a stock trader known for the 2021 GameStop short-squeeze, is facing securities fraud claims in a class-action lawsuit over a recent spate of social media posts that saw the price of GameStop (GME) stocks whipsaw violently between May and June. However a former federal prosecutor believes the lawsuit is likely “doomed” to fail….

    NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2

    A recent flood of celebrity, political, and animal-themed memecoins, along with a crypto market downturn, may have contributed to a 44% fall in the sale of non-fungible tokens (NFTs) in Q2, according Apollo Crypto’s investment chief. Data from CryptoSlam shows NFT sales fell from $4.14 billion in Q1 to $2.32 billion in Q2 as part of a…

    Meme coins have an important role to play in crypto

    Meme coins are often seen as jokes, destined to just fade away. But what if they are crucial to crypto? Traditional finance laughs, but meme coin investors might be pioneering new financial strategies. Success stories abound — $1,000 in Dogecoin (DOGE) turning into $2 million, Shiba Inu transforming tiny investments into life-changing sums. Are these investors…