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NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...
Multichain Breach Forces Circle to Freeze $63 Million in USDC
8.7.2023
USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain.
In a Friday tweet, security firm PeckShield revealed that Circle has frozen $27.65 million, $30.1 million, and $5.5 million in three...
Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim
8.7.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift...
XRP Price Prediction as $700 Million Trading Volume Comes In – Are Whales Selling?
7.7.2023
XRP (XRP), the cryptocurrency that powers the decentralized payments-focused XRP Ledger that was created by US fintech company Ripple, has recovered back into the green after slipping to fresh monthly lows earlier in the day.
XRP was last changing hands around $0.4650, up a little under 1% for...
Is It Too Late to Buy Bitcoin Cash? BCH Price Shoots Up 13% and AI Crypto Predictions Platform yPredict Just Hit 2.8 Million
7.7.2023
Bitcoin Cash (BCH) is a little higher on Friday at current levels just above $280, having managed to recover more than 13% from earlier weekly lows around $250.
However, in the grand scheme of things, the recovery isn’t much to get excited about as BCH remains well within its $250-$330ish ranges...
Eco-Friendly Crypto Startup Raises $5.9 Million – What Does It Do?
7.7.2023
Eco-friendly crypto project ecoterra has hit a staggering milestone of $5.9 million in presale investment.
This innovative platform's burgeoning success is fueled by its fundamental utilities, which are dedicated to providing solutions for combating climate change, improving waste management,...
Decentralized Social Media Protocol DeSo Offers $1 Million to Develop Blockchain-Based Reddit Alternative
7.7.2023
DeSo, a decentralized social media system leveraging blockchain, has announced a $1 million bounty to spur the creation of a Reddit competitor built on the platform’s native blockchain technology.
The move comes as a potential solution to increased criticisms on centralized social media platforms...
Zuck Meme Coin Blasts Up 30,000% and Crypto Experts Say Wall Street Memes is the Next Best Low Cap Gem – $13 Million Raised Already
7.7.2023
The price of Zuck Coin (ZUCK) has risen by more than 130% in the past 24 hours, with the new meme token enjoying a 30,000% gain since it first listed on Uniswap a few days ago.
The coin remains in the ascendancy and has not really experienced a significant dip since its launch, yet it's still...
Bitcoin Ordinals volume hits $210M in Q2 - DappRadar
7.7.2023
The advent of Bitcoin Ordinals NFT inscriptions led to more $210 million in trading volume through the first half of 2023
Solana Price Prediction as $300 Million Trading Volumes Come In – Are Whales Buying?
6.7.2023
Solana, a blockchain platform known for its scalability and high-speed transactions, has attracted significant attention in the cryptocurrency market.
As trading volumes surpass $300 million, the question arises: Are whales buying into Solana?
In this Solana price prediction, we will examine...
Bankrupt Lending Firm Celsius Moves $70 Million in Altcoins to Swap for Bitcoin and Ether
6.7.2023
Celsius Network, the bankrupt crypto lending firm, has made its first swap converting its altcoin holdings into Bitcoin (BTC) and Ether (ETH), a week after receiving a court order to liquidate its altcoin assets.
A New York court passed an order on June 30, allowing Celsius debtors to trade their...
Cardano Price Prediction as $200 Million Trading Volume Comes In – Can ADA Reach $10?
5.7.2023
Cardano (ADA), the token that powers the decentralized smart-contract-enabled Cardano blockchain, has pulled back around 3.5% on Wednesday.
After a quiet Tuesday trading day thanks to US market closures for Independence Day celebrations, volumes have come back in force on Wednesday.
As per Coin...
Is It Too Late to Buy Litecoin? LTC Price Blasts Up 20% and AI Crypto Predictions Platform yPredict Raises $2.7 Million
5.7.2023
Litecoin (LTC), the cryptocurrency that powers the decentralized payments-focused Litecoin blockchain, has pulled back from the more than one-year highs it hit earlier this week in the $115 area.
LTC/USD was last exchanging for around $101 across major cryptocurrency exchanges, with LTC down about...
Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
5.7.2023
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...
Crypto Whales Are Accumulating Green Crypto Ecoterra Before It Lists on Exchanges – $5.8 Million Raised Already
5.7.2023
Green blockchain initiative ecoterra is seeing massive adoption amongst sustainability-centric crypto investors.
At press time, the recycle-to-earn (R2E) initiative has raised over $5.85 million as it prepares for an exchange listing in the coming weeks.
$ECOTERRA has gained considerable...
Web3 Industry Losses Topped $656 Million in H1 of 2023 — Study
5.7.2023
Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period...
New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions
5.7.2023
While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%. The launchpad Luminex, which announced...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...
LBank Labs Launches $10 Million MEME Special Fund, Aiming to Nurture High-Quality Early-Stage Innovation Projects
4.7.2023
PRESS RELEASE. LBank Labs, the venture capital arm of the global exchange LBank, has today announced the establishment of a $10 Million MEME Special Fund. The move is intended to encourage high-quality early-stage innovative MEME projects, foster industry growth, and give back to the wider...
Terra Luna Classic Price Prediction as LUNC Reaches $500 Million Market Capitalization – Time to Buy?
4.7.2023
Terra Luna Classic (LUNC) coin has recently garnered attention in the cryptocurrency market as it reached a market capitalization of $500 million.
This achievement has sparked speculation among investors about the coin's price prediction and potential investment opportunities.
As the crypto...