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Mastercard Launches NFT UEFA Champions League Trivia Game + More NFT News
12.2.2024
Top NFT news today, February 12, 2024: Mastercard launches an NFT UEFA Champions League Trivia Game, Kresus wallet joins Sotheby’s Metaverse, and ByBit partners with UniSat. NFT Market Data The non-fungible token (NFT) sales volume is down today. It has dropped 7% over the past 24 hours...
XRP Price Prediction as XRP Overtakes USDC Stablecoin in Market Rankings – $1 XRP Soon?
12.2.2024
The XRP price has dropped by 2.5% today, falling back to $0.5182 as the wider crypto market loses 1% in the past 24 hours. These losses come as cryptocurrencies across the board correct a little after a very strong weekend, which saw prices rise largely as a result of ballooning Bitcoin...
Solana Price Prediction Following Recent Rally – What Do Market Indicators Suggest?
12.2.2024
The Solana price has declined by 4.5% in the past 24 hours, retracing its steps back to $104.89 after a strong weekend for the altcoin and wider crypto market. SOL has now risen by 8% in a week and by 12.5% in the last 30 days, with the coin also sitting on a very impressive […]
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Scorpion Casino (SCORP): $100K Paid Out – Why Holders Are Smiling with Passive Income
12.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino’s SCORP token stands out as a beacon of innovation. With a groundbreaking reward system, SCORP has already distributed $100K in passive income to its holders, marking...
Ethereum Validator Queue Reaches Highest Level Since October Amid Renewed Interest in Staking
12.2.2024
The Ethereum network is experiencing a surge in the number of validators seeking to stake their Ethereum (ETH). According to data source ValidatorQueue, the validator entry queue currently stands at 7,045, representing over 225,000 Ether (equivalent to $562 million), its highest level since October...
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
12.2.2024
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
London-Based Wine Platform Curated Ventures into the Metaverse
12.2.2024
Curated, a UK-based wine platform, has launched a new metaverse experience for its community members allowing them to fully immerse themselves in the provenance of wine. In a press release, Curated said it using the latest technology to develop a metaverse tailored for passionate wine collectors...
South Korea Plans to Block Unlicensed Crypto Exchanges
12.2.2024
South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspicious transactions. This would rapidly prevent the concealment of illicit funds during all stages of the investigation...
PlayDapp Suffers Security Breach with $32 Million PLA Token Exploited
12.2.2024
The web3 gaming platform PlayDapp has suffered a major security breach, resulting in the unauthorized issue of 200 million PLA tokens. The blockchain security and analytics firm PeckShield Inc. spotted the breach on Feb. 10 and alerted PlayDapp about the exploit in a social media post. Security...
Australian Court Dismisses Allegations Against Block Earner’s DeFi “Access” Service
12.2.2024
An Australian court has dismissed allegations relating to Block Earner’s DeFi “Access” service in a legal case brought by the Australian Securities and Investments Commission (ASIC). Justice Ian McNeil Jackman, who presided over the case, has delivered a split decision regarding...
Bitcoin Price Prediction: BTC Stays Bullish Near $48,500; More Buying Ahead?
12.2.2024
Bitcoin maintains a bullish trajectory, trading near $48,500 on Monday, underscoring a positive outlook for Bitcoin price predictions. Amidst evolving market strategies, Kraken’s executive decision to bypass Super Bowl LVIII advertising highlights a shift from broad, hype-driven exposure to...
Analyst Weighs in on This Token Being Called as the Next Solana, Does It Have the Potential?
12.2.2024
Retik Finance, a relatively new token, has gained attention in recent months, with some analysts dubbing it as the potential successor to Solana. Let us delve into the features, developments, and potential of Retik Finance to assess whether it has what it takes to emulate Solana’s success....
Ethereum NFT Trading Surges to Highest Weekly Volume Since February 2023
12.2.2024
Ethereum’s non-fungible token (NFT) market is experiencing a surge in trading activity, with the weekly volume hitting its highest level since February 2023. According to data from CryptoSlam, NFT sales on the Ethereum (ETH) network has surged by around 100% over the past week, reaching...
Bitcoin Price’s Potential Surge to $112K Fueled by ETF Inflows: CryptoQuant
12.2.2024
Bitcoin price could reach a new all-time high of $112,000 under the influence of significant inflows into spot Bitcoin exchange-traded funds (ETFs). According to a recent report by CryptoQuant, the potential peak of $112,000 for Bitcoin’s price hinges on continued buying pressure from...
US President Joe Biden Sparks Crypto Speculation With Laser Eyes Avatar on X
12.2.2024
US President Joe Biden’s laser-eyed post on his X and Instagram accounts late Sunday intrigued the crypto community. The image posted was captioned: “Just like we drew it up.” Biden’s post follows the Kansas City Chiefs’ victory over the San Francisco 49ers in the Super Bowl...
Profit Rex Review – Scam or Legitimate Trading Platform
12.2.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Profit Rex promises to deliver users with smart trading capabilities with two unique trading styles that yield the same high-level of results. The platform itself is reportedly simple to...
BlackRock’s Rick Rieder Hints at Expanded Bitcoin Exposure
12.2.2024
Asset manager BlackRock may boost its Bitcoin exposure in the future. That’s according to Rick Rieder, head of global allocation at BlackRock, who is responsible for about $2.4t in assets at the investment firm. In an upcoming episode of the Wall Street Journal’s Take On the Week podcast, Rieder...
New Zealand Central Bank Governor Issues Warning Against Stablecoins
12.2.2024
New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...