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Arbitrum, Optimism in 2024: Rising transactions, falling values—why?
1.7.2024
In the ever-evolving crypto space, two Layer-2 Ethereum solutions to scale, Arbitrum (ARB) and Optimism (OP), have witnessed significant fluctuations in their transaction activities and fiscal performances thus far this year. However, despite a surge in transaction traffic within their ecosystems...
Charles Hoskinson shares concern about the ongoing AI Censorship trend
1.7.2024
Charles Hoskinson recently discussed a prevalent trend in AI and its implications. The Cardano founder believes that censorship is defeating AI’s purpose. In a recent X post, Hoskinson stated how AI censorship depletes its utility. AI is losing value because of alignment training. This means that...
Ethereum surges 5% with whale activity ahead of ETH ETF approval
1.7.2024
Ethereum’s market value has jumped 5% ahead of the SEC S-1 form revisions. The community expects the SEC to announce its approval in the next 14 to 21 days. In light of this, whale activity has also surged, pushing ETH past the $3,500 level. Reports indicate that a crypto whale, most likely...
How WEWE Global Brought Blockchain Technology to the Masses
1.7.2024
Blockchain technology has been hailed as one of the most transformative innovations of our time. However, its complexity often made it inaccessible to the general public. WEWE Global recognized this challenge and embarked on a mission to democratize blockchain technology, making it accessible...
BlockDAG soars 1300%: A stellar ascent above market rivals Solana and Fetch.ai!
28.6.2024
In a world where cryptocurrency values swing wildly, Solana has stumbled with a 5% loss, reflecting a cool market response, while Fetch.ai has tumbled by 13.69% but hangs onto key support levels. In contrast, BlockDAG stands tall with a stunning 1300% increase following an energetic global...
Ark 21Shares Officially Files for Spot Solana ETF
28.6.2024
In This Post ARK Invest, led by Cathie Woods, files for Spot ETF ARK 21Shares is a partnership between 21Shares and Ark Invest VanEck took the crypto community by storm after announcing its filing for Solana Spot ETF, becoming the first entity to do so. But in the competitive industry, players...
Jason Derulo Hints at Major Collabs for Crypto Projects
28.6.2024
In this post Hollywood’s Jason Derulo has triggered a memecoin frenzy with his recent post on X. Celebrities tap into the memecoin frenzy. Pop star Jason Derulo, known for his global musical hits, has now entered the cryptocurrency world with the $Jason token. Today, Derulo posted on his...
Analysts Expect Solana’s Price to Hit $1300 Amid ETF Filings
28.6.2024
In this post SOL jumped by almost 10% after VanEck filing went live. Solana bulls and the overall crypto market outlook are optimistic, pinning SOL’s price at $1320 in a few months. Since the beginning of the year, the cryptocurrency market has seen crypto ETFs take root in American markets....
TRON hits 2.5M daily active users: Green days ahead for TRX
28.6.2024
Recently, the TRON blockchain saw a spike in daily active users, reaching 2.5 million—a landmark that may tell a bullish story for its native cryptocurrency, TRX. TRON’s user base has steadily swelled as its decentralized applications (dApps) and offerings gain favor, demonstrating the sound...
Ripple to unlock 1 billion XRP in the upcoming month
28.6.2024
The Ripple unlocking process has an influential role in the cryptocurrency market. Ripple utilizes the crypto wallets Ripple 24 and Ripple 25 to manage the unlocking of 500 million XRP. They placed the remaining XRP in future contracts scheduled for September 2027, the biggest monthly sale...
VanEck files for first-ever US Solana ETF, targeting DeFi growth
28.6.2024
VanEck has registered its initial exchange-traded fund (ETF), the VanEck Solana Trust, which will help investors understand Solana (SOL), a blockchain with enormous output and cost-effective transactions. This is following the Securities and Exchange Commission (SEC) ‘s leaning towards spot...
Web3 and NFTs: The latest breaking news every week
28.6.2024
End to Sotheby’s ‘Grails’ auction part five Sotheby’s auction for ‘Grails’ ended in amazing results, with $1 million in sales. All lots have been sold, and the price has surpassed previous high sale price tags. Sotheby’s auction has achieved incredible results thanks to...
Coinbase and Stripe partner to accelerate global crypto adoption
28.6.2024
Coinbase has announced a partnership with Stripe. The idea is to fuel the global adoption of cryptocurrencies and blockchain technology. Both companies will bring their strengths to the table to cement the collaboration. For instance, Stripe has committed to add USDC on Base to their crypto payouts...
Grayscale report: Mixed performance YTD, Ethereum in focus for Q3
28.6.2024
Grayscale has published a report to assist the community in enhancing its understanding of the crypto sphere. The idea is also to provide a reasonable roadmap to investors so that they can navigate their way around volatility. A summary of the report talks about why the focus will be on Ether...
AFSIC x Mastercard Foundation Fund for Resilience and Prosperity
28.6.2024
AFSIC – Investing in Africa is wholly focused on accelerating Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment sustainably growing Africa’s economy and increasing African incomes in all business sectors at...
Tezos X: A scalable, composable, and interoperable future for Tezos
28.6.2024
Tezos is a blockchain platform designed to solve the most basic issue of the ecosystem – salability. It essentially deals with the issue by keeping it ready for upgrade and future-proofing its operations. Simply put, no matter what happens in the future and how vastly the ecosystem expands...
Kraken’s Jesse Powell donates $1M in ETH to Donald Trump
28.6.2024
In this post Biden and Trump’s first presidential debate results are in favor of Trump, and the crypto community has responded. Jesse Powell has donated $1 million in crypto to Trump’s presidential campaign. Powell blames Elizabeth Waren and Gensler for the U.S. failed crypto market. Joe Biden...
Acala Network intends to adopt JitoSOL within its platform
28.6.2024
Acala Network has incorporated JitoSOL within its platform and decentralized applications to offer better liquidity and yield options targeting Acala users. A liquidity layer like Acala Network is a foundation segment within the Blockchain ecosystem, bringing about effective capital flow...
GMX formally introduces Chainlink data streams on Avalanche
28.6.2024
GMX has been the initiator for introducing Chainlink data streams on Avalanche, utilizing data streams to boost its decentralized perpetual exchange. Chainlink data streams help pitch advanced high-output DeFi markets on Avalanche. The other players in this include Chainlink and Avalanche. ...
Cardano integrates IBC for connectivity and Interchain access
28.6.2024
Cardano recently announced that it will integrate the IBC Protocol to enhance connectivity from Cosmos to Ethereum. The development will also allow Cosmos to gain access to the Interchain ecosystem. IBC has been designed to facilitate data exchanges and transactions across multiple blockchains....