The general DeFi market is in a downturn, with leading cryptos experiencing a major decline in value. Among these is Polkadot (DOT), whose price is encountering headwinds in the crypto market. As a result, crypto investors are shifting their attention towards other potentially lucrative cryptos like Stacks (STX) and Kelexo (KLXO). Despite the prevailing market […]
Injective (INJ) Users Take Notice as DeeStream (DST)’s Approach Poised to Outdo Filecoin (FIL)
Investors in the decentralized finance (DeFi) space are turning their attention to DeeStream (DST), as its innovative approach gains traction, potentially overshadowing the likes of Filecoin (FIL) and Injective (INJ). Early adopters recognize the potential for significant gains, making strategic investments in this evolving landscape a focal point for savvy participants. Injective (INJ) Ignites 2024: […]
Why Did Pushd (PUSHD) Surge Ahead of Solana (SOL) and Filecoin (FIL) in Unprecedented Boost?
Crypto markets are moving in anticipation of the Bitcoin (BTC) halving event later this year and one coin making significant progress is the new e-commerce platform Pushd (PUSHD). Here’s why it’s eclipsing the performance of established projects such as Solana (SOL) and Filecoin (FIL) with its unprecedented presale performance. Pushd (PUSHD): Pushing the envelope with […]
Buying ScapesMania (MANIA) Now at $0.009 Is as Good as Buying Solana (SOL) at $10
Solana (SOL), a blockchain renowned for its speed and efficiency, is currently experiencing a decline in network activity and interest, particularly in the NFT sector. Despite efforts such as airdrops, the network has not seen the expected boost in user engagement, leading to a decrease in daily active addresses and transactions – this negatively affects […]
Avalanche highlights an increase in interest in tokenization
Avalanche has highlighted that there is a growing interest in tokenization. This is for several reasons, most of them pertaining to tokenization finally being accepted as the next-generation technology and tokenized assets displaying a class of novel utility. The majority of the adoption is driven to upgrade legacy infrastructure, boost global finance, and upgrade institutional […]
FTX lawyer says that the company is not restarting its operations
Andrew Dietderich, FTX’s lawyer, has finally come clean about where the company is headed. Andrew Dietderich has said that while plans to repay former customers are in the pipeline, the company is less likely to restart its operations. He has said that the management anticipates sufficient funds to fully pay customers and creditors. This statement […]
Ethereum NFT collections outgrew ETH in January
January marked a month of growth; however, it was mainly for NFT collections. While ETH gained ~2% in the previous month, some of the top NFT collections grew more. For instance, Nansen NFT-500 and Blue-Chip 10 registered a growth in their value of 9.35% and 9.76%, respectively. Reports are now citing that this is a […]
$250k BTC: Tim Draper Predicts Total Bitcoin Takeover
Renowned billionaire investor Tim Draper, a prominent figure in the world of digital assets, has once again captured headlines with his steadfast belief in the future of Bitcoin. Despite a forecasting misstep in the past, Draper remains unwavering in his optimism, setting a revised target of $250,000 for Bitcoin by 2025. Draper’s Initial Prediction Draper […]
Record $173M in Bitcoin Moves from Miner Wallets to Exchanges
The digital asset market recently witnessed a notable surge in the flow of bitcoin from bitcoin miner wallets to spot exchange platforms, marking the highest volume since May 16, 2023. This event was flagged by CryptoQuant’s analysis, which reported the move of over 4,000 BTC worth around $173 million, flowing from miner wallets to exchanges […]
UK Police Seized $1.77 Billion in Bitcoin from Chinese Investment Fraud + More Crypto News
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news selection: UK Police Seized £1.4BN of Bitcoin from Chinese Investment Fraud Industry Leaders Band Together to Launch the Digital Assets Association Digital Asset Product Volumes Surge Over 200% in January […]