TL;DR Bitcoin is considered by experts as the best savings tool due to its immutable scarcity and resistance against devaluation. The halving will have a deflationary effect on BTC, which could generate considerable appreciation. Gold and silver have begun to devalue due to advances in mining and production. Experts and financial market analysts posit Bitcoin […]
Runes Launch Could Catapult Bitcoin into Fungible Token Spotlight, Franklin Templeton Says
TL;DR Runes Protocol Advancement: Franklin Templeton Digital Assets predicts the Runes protocol could give Bitcoin a competitive edge in the fungible token market, potentially closing the gap with Ethereum and Solana. Efficiency and Privacy: The Runes protocol aims to streamline Bitcoin’s network by eliminating unnecessary UTXOs and enhancing privacy, without relying on external data or […]
Elon Musk Latest Tweet: How Much Did Dogecoin Gain From It Today?
The cryptocurrency market tends to thrive on a blend of innovation, utility, and sometimes, just a good meme. This week, the spotlight shone brightly on Dogecoin (DOGE), the Shiba Inu-themed meme coin, after a characteristically playful tweet from tech billionaire Elon Musk sent prices soaring. While the tweet itself referenced a scene from Monty Python […]
‘We Sold Everything Last Night’, Reveals Crypto Research Firm
Markus Thielen of 10x Research unveiled a significant shift in his crypto strategy in response to mounting financial pressures and market instability, as detailed in an investor note released earlier today. Thielen, an influential figure in the analysis sector, cited a concerning outlook on risk assets, which encompasses both technology stocks and cryptocurrencies, primarily driven […]
Dominance Slips Amid Israel-Iran Conflict
Over the weekend, the cryptocurrency markets were thrust into turmoil as escalating tensions in the Middle East sent shockwaves through global financial markets. Iran’s retaliatory drone and missile attack on Israel, following the bombing of the Iranian embassy in Syria, sparked fears of further conflict in the region. As a result, investors flocked to safe-haven […]
“Reshaping the NFT Market: Impact of the 2024 Crypto Crash”
Never Miss a post you’ll loveWe post new articles every day… Subscribe to get a recap of the days posts & never miss the latest breaking news or exclusive content. Article Summary The 2024 crypto crash had a significant impact on the NFT market, leading to reduced liquidity, re-evaluation of NFT values, and a shift […]
BNB Rival Completes 93% Of Stage 7 Presale, Analyst Preempt 2000% Gains After Listing
Option2Trade (O2T), emerging as a significant rival to Binance Coin (BNB), has achieved a remarkable milestone by completing 93% of its Stage 7 presale. Analysts are buzzing with predictions of an explosive 2000% gain for Option2Trade (O2T) once it hits the market, positioning it as a formidable competitor to Binance (BNB). This article delves into […]
Solana DEX Drift to Airdrop 100M Tokens in Weeks
The new token follows a three-month points program that enticed traders, borrowers, lenders—and, of course, airdrop farmers—into Drift, one of the largest venues for trading perpetuals in Solana DeFi. But contributors to the protocol said most of the 100 million tokens earmarked for this airdrop will go to longtime Drift users. Source link
Bitcoin (BTC) Could Surge to $120K on ‘Doomsday Rally,’ Trader Says
“Bitcoin remains a viable doomsday asset in 2024, as its correlation to Gold recently increased, and investors continue to diversify away from traditional financial assets,” Edouard Hindi, the chief investment officer at Tyr Capital, said in an email to CoinDesk. Source link
Solana DEX Drift set to airdrop 100 million tokens to users
Drift, a Solana-based decentralized exchange protocol for trading crypto perpetual futures, is set to launch and airdrop its “governance” token, DRIFT. The DRIFT token will have a total supply of 1 billion, with 10% or 100 million tokens set to be distributed through an airdrop, Drift said Tuesday. The 100 million tokens will be airdropped […]