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XRP poised for breakout: Analysts eye $1.68 mid-term target

8.5.2024
XRP is estimated to touch $1.68 in mid-term, or maximum, by the end of this year, 2024. That would set the stage to retest the previous peak of $1.96, which occurred in April 2021. This comes as the cryptocurrency attempts to navigate its way out of the ongoing symmetrical triangle formation....

These 3 AI-based altcoins to outpace Bitcoin & Ethereum in 2024

8.5.2024
Innovation is the middle name of the crypto market, and 2024 has certainly proven it. The year has been filled with unique projects, especially AI-based altcoins. Names like Fetch.ai, SingularityNET, Render, etc., are ruling the crypto industry. These AI-based altcoins are outperforming BTC,...

OKX Ventures invests in Wild Forest, a pioneering Web3 RTS game

8.5.2024
OKX, a well-known cryptocurrency exchange that has moved into venture capital through a subsidiary called OKX Ventures, has stepped in to back Wild Forest with a new investment. This Web3-enabled game is free and does not require a regular membership. It’s a real-time strategy game....

Wintermute to make provision for liquidity to OSL and HashKey

8.5.2024
Wintermute, a crypto market maker, will provide liquidity to OSL and HashKey for spot Bitcoin and ether exchange-traded funds in Hong Kong. This will help the company to establish itself in the crypto space in Asia.  As per Wintermute, the company intends to involve sub-custodians, OSL and HashKey...

Shiba Inu (SHIB) is now listed on Nexo’s DEX

8.5.2024
Shiba Inu (SHIB) recently announced bagging a listing on the Nexo exchange. Shiba Inu, which was launched in 2020 as a meme coin, has since established a global community. Nexo also went to X to officially confirm the listing. The exchange talked about how Shiba Inu started as a dog meme only...

Are competitive gaming dynamics shifting with the crypto boom?

8.5.2024
Esports, also known as competitive gaming, traces its roots back to the early 1970s, when small-scale tournaments, like the one at Stanford University in October 1972, attracted around 20 researchers and students. Fast forward to 2022, and the global esports industry boasts an estimated revenue...

Can Monero faucets provide a sustainable method for earning free crypto?

8.5.2024
Monero Faucets works on offering a little payment in return for performing easy activities or clearing captchas. These tasks are simple, like playing games. The goal of Monero faucets is to expose people to cryptocurrency by giving them a small amount for free, allowing them to experiment with...

Solana regains 10% as new Solana-based meme coin enters presale

8.5.2024
Solana hit $137 in a massive recovery after the news that Zeus Networks plans on creating a Solana-Bitcoin bridge. The ambitious project has managed to break Solana’s losing streak, which saw its market cap decline from $1.63 billion on April 22 to $1.35 billion yesterday.  However, many experts...

RD Technologies partners with Chainlink for secure HKD stablecoin transfers

7.5.2024
RD Technologies, a leading blockchain solutions provider, has partnered strategically with Chainlink, the industry-standard decentralized oracle network, to facilitate secure and reliable cross-chain transfers of the Hong Kong Dollar (HKD) stablecoin. This integration marks a significant milestone...

Grayscale’s GBTC spot Bitcoin ETF rakes in $4M

7.5.2024
The GBTC spot exchange-traded fund belonging to Grayscale managed to rake in $4 million within the converted trust. This was the second inflow. This is after 78 days of the GBTC ETF net outflows when it came in for a further .$63 million. From the time GBTC converted into the spot bitcoin trust...

Blast Ecosystem grows on new “Jackpot” incentive

7.5.2024
After the announcement of Jackpot, tokens in the Blast ecosystem—an Ethereum Layer 2 solution—have surged in price. PacMoon has risen over 30%, Juice Finance is about 40%, and notable NFTs like Blastopians are up nearly 50%. Interestingly enough, this rise in token prices within the Blast ecosystem...

HBAR Foundation to promote Web3 Interoperability through partnerships

7.5.2024
The Hedera Network, Stacks, Moonriver, and Iron Fish have all signed up for the devnet-phase pilot of Interchain Amplifier, a revolutionary service created by Interop Labs for the Axelar network. This is the first service of its kind, as it enables permissionless connectivity across leading...

3 altcoins to watch amid 2024 market speculation

7.5.2024
The crypto market rejoiced in 2024 as the year brought the industry back to its feet. While the market has entered a slight slump in the past several weeks, the year has been a lifesaver for cryptocurrencies for the most part. That is why investors are trying to find the best altcoins amid market...

Shiba Inu layer 3 blockchain will energize blockchain landscape

7.5.2024
According to the chairman of Cypher Capital, the community’s passion and support are essential for the success of any blockchain project. Despite a turbulent and challenging 2023, Shiba Inu remains committed to their vision of creating an inclusive cryptosystem. The company is actively designing...

Bitcoin whale’s dormant wallet reactivates after a decade

7.5.2024
In an unexpected turn of events that has created discussion and intrigue in the cryptocurrency industry, a dormant Bitcoin wallet belonging to a well-known whale has unexpectedly resurfaced after being idle for over a decade. The rapid activity in the wallet, which contains a significant amount...

BytePlus and Mysten Labs join hands to explore Web3 gaming

7.5.2024
BytePlus, the parent company of TikTok, is now venturing out to explore Web3 gaming. It has entered into a strategic partnership with Mystic Labs. The objective is to enhance the blockchain ecosystem of Sui Network, making it a pivotal moment for the said segment of the industry along with...

Bitcoin exchange inflows witnessing a real downslide

7.5.2024
BTC exchange inflows have been declining for some time, as CryptoQuant author Axel Adler Jr. noted in a post on X.  Where the exchange inflow is concerned, it is an on-chain identifier tracking the full volume of Bitcoin that investors have deposited into wallets connected with centralized...

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