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Crypto

04.10.24 | | No Comments

Web3’s Biggest Battle Begins: Bybit WSOT DEX Wave with 1,000,000 MNT Prize Pool

Crypto

Crypto exchange Bybit is hosting the ultimate decentralized trading (DEX) showdown, and you simply can’t miss the chance to help your favorite Web3 project become the leader while earning MNT crypto rewards yourself. Bybit’s Web3 competition is the latest promotional campaign from its popular World Series of Trading (WSOT). The inaugural Bybit WSOT Dex Wave…

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04.10.24 | | No Comments

XRP Price Forecast: Pro-XRP Lawyers See Ripple SEC Case Conclusion in Sight – How Will XRP React?

Crypto

The XRP price has risen by a modest 0.5% today, with its move to $0.523 helping a little to offset that losses following this week’s news of the SEC’s appeal against Ripple. XRP remains down by 11.5% in a week and by 6% in a month, with the altcoin also down by 2% in a…

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04.10.24 | | No Comments

Cardano Price Forecast: Hoskinson Hints at Ripple Case Redefining U.S. Securities – How Will ADA React?

Crypto

Over the past 24 hours, the Cardano price has found its footing with newfound momentum, up 2.27%. This follows Cardano CEO Charles Hoskinson’s comments that the reopened Ripple vs SEC case could rewrite the regulatory framework for securities. Today’s movement marks a turnaround from last week’s market crash driven by geopolitical tensions, although Cardano remains…

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Tags: cardano

04.10.24 | | No Comments

Moo Deng Hippo Meme Coin Plummets 19% – Here’s the Meme Coin You Should Be Watching Instead 

Crypto

Explosive newcomer meme coin Moo Deng ($MOODENG) is taking heavy losses after surging over the last three weeks to become the 27th biggest meme coin by market capitalization. The $161.4 million Moo Deng is currently changing hands at $0.1635 having fallen 19% overnight and about 13.5% over the last seven days. That means those who…

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04.10.24 | | No Comments

From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

Crypto

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations…

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04.10.24 | | No Comments

Dogecoin Price Analysis: Billionaire Mark Cuban Issues Meme Coin Warning – Should DOGE Holders Be Worried?

Crypto

The Dogecoin price has jumped by 5% in the past 24 hours, returning to $0.1087 as the cryptocurrency market repairs some of the damage from this week’s selloff. Fears of wider conflict in the Middle East and the SEC’s appeal against Ripple had sent prices down earlier this week, but DOGE’s rally today has reduced…

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04.10.24 | | No Comments

$56.3M CryptoPunk NFT Sale Raises Eyebrows, Community Suspects Marketing Stunt

Crypto

CryptoPunk 1563 was reportedly sold for 24,000 ETH, or $56.3m, in a seemingly groundbreaking transaction on Thursday. This sale is among the top-priced transactions for a CryptoPunk NFT so far. However, the transaction was far from typical. On closer examination, the sale appears to have used a flash loan. This means funds were borrowed and…

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Tags: nft

04.10.24 | | No Comments

Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

Crypto

Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable way to store value and conduct international payments. Stablecoins as a Store of…

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04.10.24 | | No Comments

Bitcoin Price Battles $61,250 Pivot as IMF Warnings Clash with JPMorgan’s Bold Bullish Forecast

Crypto

Bitcoin price has shown mixed performance amid recent geopolitical developments and regulatory scrutiny. Ripple’s expansion in Brazil and the IMF’s call for El Salvador to tighten Bitcoin regulations highlight increasing global focus on cryptocurrencies. Meanwhile, JPMorgan suggests that the upcoming U.S. elections and geopolitical tensions are driving interest in Bitcoin as a hedge against uncertainty….

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Tags: bitcoin

04.10.24 | | No Comments

Bitcoin Miner Terawulf Sells 25% Stake, Plans to Reinvest in Enhancing Mining Fleet Efficiency

Crypto

Bitcoin miner Terawulf has sold its 25% stake to partner firm Talen Energy in a transaction valued at $92 million. The proceeds will be reinvested in enhancing AI and Bitcoin mining operations, the official release said. Terawulf has been planning to expand its operational infrastructure capacity since paying off all debts in July. In line…

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Tags: bitcoin

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