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Ethereum Foundation liquidates $13 million worth of Ethereum

5.3.2024
The Ethereum Foundation has initiated the liquidation of $13.3 million worth of Ethereum (ETH), prompting investors to contemplate the potential ramifications of this action on the price of ETFs. ETH, in terms of market capitalization, is, incidentally, the second most prominent cryptocurrency....

XRP is estimated to reach $0.829 by the weekend

5.3.2024
XRP is on a potential bull run, with the previous gain recorded at 3.40%, allowing the token to exchange hands at $0.655002. That takes it closer to the estimated milestone of $0.829274 by March 9, 2024. Assuming XRP does stand up to the hype, it would be a surge of 26.97% in the next five …

Bitcoin surges into strong bull zone, nearing ATH and $100k target

5.3.2024
Bitcoin (BTC), reaching close to its ATH, has made way for several rounds of discussion. All of them are led by members mentioning how Bitcoin is now in a strong bull zone. Some have said that it is not precisely a bull run but a warm-up of what is about to come—likely around the time …

Stephen bullish on EGLD: $240 target sooner than expected?

4.3.2024
EGLD has been on a bearish run for a long time. However, Stephen S., a notable crypto enthusiast, believes that EGLD has finally hit the bull run. It is fundamentally backed by a strong TPS of 100k+. Moreover, MultiversX did study the drawbacks of Bitcoin and Ethereum so as to solve them...

EigenLayer’s TVL reaches $10 billion, indicating a DeFi peak

4.3.2024
EigenLayer has experienced remarkable growth, as evidenced by the significant increase in asset value from $1.1 billion at the beginning of the year to an extraordinary $10 billion, equivalent to approximately 2.93 million ether. This surge reinforces the growing confidence and interest...

Utility demand burned over $1.12 million FLOKI tokens in a week

4.3.2024
The ecosystem of Floki has recently demonstrated remarkable technological utility and demand, as evidenced by the burning of 7,369,216,304 $FLOKI tokens for approximately $1,120,120.88. A week-long token burning of this magnitude demonstrates that Floki is committed to developing a deflationary...

Bitcoin ETFs touch $7.6 billion in volume

29.2.2024
Bitcoin ETFs have shattered volume records once again. The reported number stands at $7.6 billion, with BlackRock leading the way. IBIT recorded a total of $3.3 billion, out of which $2.2 billion was recorded until 1 p.m. ET. The numbers are true as of the end of Wednesday. Next in line...

Floki staking TVL peaks at $137 million

28.2.2024
Floki announced surpassing the previous high in terms of staking, with the tokens worth $137 million, effectively leaving circulation. Users have staked the tokens in the Floki Staking Program and broken the previous high of $105 million, which was recorded less than 24 hours ago. The community...

Bitcoin reaches a 2-year high value of $57,000

27.2.2024
Markets closing on February 26, 2024, showed the value of BTC above $57,000. That marked the highest in the last two years. More specifically, BTC was last at that level in November 2021. However, the rally lasted for a little while before dropping to $56,000. Experts said that the rise is driven...

AI & Crypto collide? OpenAI seeks $7T for Sora AI

22.2.2024
Sam Altman, the Chief Executive Officer of Open AI, said that they are targeting to raise $7 trillion in funding for Sora, a text-to-video model. Sora basically creates a video based on the verbal prompt. Sam plans to utilize the funds to design and manufacture chips for the model. What has sparked...

Startale Labs gets $3.5M from Samsung Next and UOB Venture Management

22.2.2024
Startale Labs announced raising $3.5 million in the Seed Extension Round to boost the development of its Web3 product. Samsung Next and UOB Venture Management raise the funds. This brings the total seed fund to $7 million, including $3.5 million of funds it secured in September 2023 from Sony...

Dogecoin soars: Adoption boost eyes rally above $0.15

20.2.2024
DOGE (Dogecoin) is quickly gaining market strength after a long slump. Starting this week, the original meme coin has outpaced Bitcoin and other altcoins. With 7.10% growth in the past seven days, DOGE is trading at $0.08821. The coin has also made it back to the top 10 cryptocurrencies based...

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