Cryptocurrency News
2024-10-05
In a shocking turn of events, the non-fungible token (NFT) market has witnessed a massive surge in sales volume, jumping 440% to $72 million in just a few hours. This sudden spike can be attributed to the sale of a rare CryptoPunk NFT, which was sold for a staggering $56 million. This sale has not only broken records but has also injected new life into the NFT market, which had been experiencing a downturn over the past few months.
Breaking: Daily NFT Sales Jump +440% To +$72M After A Punk NFT Sold For +56M
2024-07-21
Solana, a high-performance blockchain platform, has been making waves in the cryptocurrency world due to its fast transaction speeds and low fees. The platform has been gaining traction as a leading competitor to Ethereum, the current market leader in decentralized applications (dApps).
Is Solana on Track to Hit $200 by 2025?
2024-05-08
It's an exciting time in the world of Non-Fungible Tokens (NFTs) as two prominent collections, CryptoPunks and Bored Ape Yacht Club (BAYC), continue to dominate the daily sales charts. This trend has also solidified Ethereum's position as the leading blockchain for NFT transactions.
CryptoPunks, BAYC lead NFT daily sales, put Ethereum on top
2024-03-08
The Non-Fungible Token (NFT) market has been a rollercoaster ride for investors and enthusiasts alike. After a period of bearish sentiment, the NFT bulls are back in the game, and Magic Eden, a leading NFT marketplace on the Solana blockchain, is leading the charge. Magic Eden recently reported daily sales of over $50 million, marking a significant comeback for the NFT market.
NFT Bulls Roar Back: Magic Eden Surges to $50 Million Daily Sales
2024-03-08
NFT Market Data Studio 369 announced MetalCore's closed beta, offering rewards for NFT holders following a $39 million airdrop. This move aims to incentivize participation and engagement within the MetalCore community.
Here's The Latest NFT News Today
2024-03-02
The Non-Fungible Token (NFT) market, which had been experiencing a surge in sales since late 2020, took a significant turn in February 2024. According to various reports, NFT sales dropped by approximately 3% compared to the previous month, marking a notable decline from the record-breaking sales of the previous year. This downturn was not limited to a specific blockchain or marketplace but was a widespread trend across the NFT ecosystem.
NFT Sales Nose Dived 3% In Feb 2024 – Will March Bring Back An Upward Trend
2024-02-18
The Ethereum-based NFT collection Moonbirds experienced a surge in price and trading volume amid allegations of insider trading. The surge occurred before the public announcement of Yuga Labs' acquisition of Moonbirds' intellectual property rights from the original creator, Proof. Data from blockchain analytics platform CryptoSlam revealed that daily sales volume for Moonbirds NFTs increased significantly in the days leading up to the announcement, with spikes in sales activity and price that raised suspicions of insider trading.
Moonbirds NFT price surge amid insider trading allegations
2024-02-18
According to a report by The Block, crypto projects have given out 115 billion points so far. Points are off-chain numbers given to users as a "reward" for certain actions, like swapping tokens on the project's own platform. They are typically done ahead of a potential airdrop to let users know what actions will be rewarded.
Crypto projects have given out 115 billion points so far
The co-founder of Ripple, Chris Larsen, fell victim to a major cryptocurrency heist, with his personal wallet being targeted in a $112 million XRP robbery.
Major Cryptocurrency Heist: Ripple Co-Founder's Wallet Hit in $112 Million XRP Robbery
Two senior staff members of the Patterson Joint Unified School District, Jeffrey Menge and Eric Drabert, have been charged by the United States Department of Justice (DoJ) for operating a hidden cryptocurrency mining operation using school resources and increasing electricity costs.
School officials busted for hidden crypto mining operation
According to recent reports, despite the Chinese government's ban on cryptocurrency trading and mining since 2021, the use of cryptocurrencies in China has increased. The blockchain industry in China still ranks #1 in the number of blockchain projects in the world, accounting for 75% of the equipment required to earn new units of digital money.
Cryptocurrency thrives in China against odds, report says
Based on the search results, here are the top 3 cryptocurrencies to consider before the Bitcoin halving in 2024.
Top 3 Crypto To Buy Before Bitcoin Halving
According to a recent survey conducted by Binance, over 73% of Europeans are optimistic about the future of cryptocurrencies. The survey, which polled 10,498 users across France, Italy, Spain, and Sweden, unveiled a significant majority expressing confidence in the future of digital assets.
Over 73% of Europeans Optimistic About Future of Cryptocurrencies, Binance Survey Reveals
Bitcoin, the most prominent player in the cryptocurrency market, is currently priced at $43,526.01. This represents a 2.95% change over the past 24-hour period.
Current Prices for Bitcoin, Cardano, Sui, and Pepe Coin
DefiQuant, a prominent pioneer in the cloud mining market, has announced a significant advance in cryptocurrency compliance and regulation adherence, thereby setting new industry standards. Integrating advanced DeFi trading bots and cryptocurrency quant robots, DefiQuant is improving trading efficiency while ensuring safe, secure, and regulation-compliant operations. The platform's commitment to regulatory compliance is apparent in every aspect, from user registration to fund withdrawal.
DefiQuant Leads the Way in Cryptocurrency Compliance and Regulation Adherence
Somesing, a leading South Korean blockchain platform, has recently been victim to a significant security breach, resulting in the loss of approximately $11.58 million worth of its native SSX tokens. The hack, which involved the theft of 730 million SSX tokens, represents a substantial portion of the platform's native cryptocurrency.
South Korean Blockchain Platform Somesing Suffers Major Hack
The European Securities and Markets Authority (ESMA) has proposed more stringent regulations for non-European Union (EU) cryptocurrency firms serving EU clients. These new rules will limit the capacity of non-EU firms to directly serve clients within the EU, even if they qualify under the 'reverse solicitation' exemption.
ESMA Proposes Stricter Rules for Non-EU Crypto Firms Serving EU Clients
Google's recent update to its advertising policies is expected to have a significant impact on the cryptocurrency market. The update, which took effect on January 29, 2024, allows for the advertising of select cryptocurrency products, including spot Bitcoin exchange-traded funds (ETFs) and Cryptocurrency Coin Trusts. This policy change is seen as a major development that could potentially lead to a surge in the accessibility and legitimacy of cryptocurrency-related products, particularly Bitcoin ETFs, through Google's advertising platform.
Google's game-changing advertising policy update unleashes crypto surge
According to various sources, blockchain games became a sensation in 2023 and are forecasted to continue their upward trend in the coming years. The list of most-played blockchain games of 2023 featured names like Splinterlands, Axie Infinity, Alien Worlds, Pixels, and My Neighbor Alice.
Blockchain Games Skyrocketed in Popularity in 2023: Predicted to Continue Growing
A solid lobby in support of cryptocurrency has formed in the U.S. Senate, with 18 Senators throwing their weight behind the "Stand with Crypto" initiative. This initiative has been backed by the advocacy group of Coinbase, one of the leading cryptocurrency exchange platforms.
Stable Cryptocurrency Lobby Emerges in US Senate, Backed by 18 Senators
Based on various predictions and analyses, 2024 is expected to be a year of continued growth and expansion for the cryptocurrency market. Bitcoin, the trailblazer in the field, is expected to play a leading role, with some experts predicting a potential all-time high of $524,000...
Analysts Predict Continued Growth for Cryptocurrency Market in 2024
Here are the top 10 best crypto gambling sites in the USA for 2024, according to various sources...
10 Best Crypto Gambling Sites In USA (2024)
Here are the 7 best cheap crypto to buy now under 1 dollar on January 29, 2024.
7 Best Cheap Crypto to Buy Now Under 1 Dollar January 29