Two weeks after a CryptoPunks NFT sold for $16 million, a punk has sold for $16 million once again. Punk #7084, which changed hands for $16.42 million on Wednesday, is one of nine blueish-skinned alien punks, which are the collection’s most highly-coveted pieces. It narrowly topped the other alien punk that sold this month to become the second-largest CryptoPunk sale ever. Read more: Someone bought a CryptoPunk for $16M The sale appears to have been directly brokered between buyer and seller. The punk’s apparent seller, known on X as Peruggia, said he “felt like an imposter” owning punk #7084 without…
Author: Web3 Daily Press Staff
Amidst the swirling predictions and advancements in digital finance, BlockDAG is a beacon for savvy investors and crypto enthusiasts aiming for the next big leap. While discussions around BitTorrent’s price prediction and the evolution of IOTA crypto capture attention, the spotlight increasingly shifts towards BlockDAG, heralded as the potential 100x crypto of 2024. This platform distinguishes itself by promising substantial returns and fostering a vibrant community poised to revolutionize the blockchain landscape. With an ambitious target and a presale-breaking record, BlockDAG is setting the stage for unprecedented growth, making it a cornerstone for those looking to pioneer the future of…
Crypto Price Prediction: The selling pressure from Spot BTC ETF triggered a notable correction during the weekdays, recording a $888 Million outflow from the 10 $ETFs. The leading assets like Bitcoin and Ethereum recorded a weekly loss of 5% and 8% respectively. However, the weekend witnessed an ease in supply pressure leading to uncertain sideways action in the majority of major assets.Should the upcoming week maintain the downward trend observed in spot ETFs, the BTC price might extend its correction below $60000, potentially intensifying selling pressure throughout the market.Also Read: Bitcoin ETF Weekly Outflows Reach $900M Amid Crypto Market Crash,…
Retik Finance shook up the cryptocurrency market with its groundbreaking announcement of the early launch of its DeFi virtual debit cards.The unexpected move catapulted Retik Finance into the limelight, positioning it alongside top bullish cryptocurrencies like Ethereum (ETH) and Shiba Inu (SHIB) with significant growth potential. This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company. Let’s look at the implications of Retik Finance’s launch of virtual DeFi debit cards, its impact on the decentralized finance (DeFi) landscape, and its potential…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the 2024 bull run gains momentum, investors are shifting their focus to utility tokens, recognizing their potential for significant gains in the evolving crypto landscape. Among the standout performers are Chainlink (LINK) and Healix (HLX). Chainlink (LINK) powering the future of decentralized finance At the forefront of the utility token surge is Chainlink, a decentralized oracle network that connects smart contracts with real-world data. With its ability to securely and reliably bridge the gap between blockchain and external…
Cardano (ADA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Software Platform has gained 1.35% to $0.6301928469. InvestorsObserver is giving Cardano a 29 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cardano! The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. ADA’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.Cardano price is…
The cryptocurrency market is witnessing a paradigm shift with the advent of innovative mechanisms like the BlockDAG network, challenging the Bitcoin Cash (BCH) predictions and the meme-inspired Shiba Inu (SHIB) price. This comparative exploration aims to shed light on how BlockDAG’s decentralized architecture offers the potential to deliver up to 10,000x returns, creating a buzz among investors eyeing the next big crypto in 2024. Let’s delve into the dynamics of SHIB, Bitcoin Cash, and the emerging star, BlockDAG, to understand where the real investment goldmine lies. Shiba Inu Price Performance The SHIB price is currently navigating a challenging phase, evidenced…
Binance Coin is making significant strides following the recent SEC decision on the Bitcoin ETF, edging closer to its all-time high. Concurrently, savvy investors in Monero and Hedera are rushing to participate in the presale of the emerging crypto project InQubeta. Let’s delve deeper into these developments. BNB Soars Towards All-Time High Binance Coin is witnessing a meteoric rise, with many experts predicting that it is on the verge of reaching a new all-time high. Recently, it experienced a remarkable 7% price surge, pushing BNB closer to the coveted $610 mark, currently trading at $529. This bullish trend is backed…
An Ethereum initial coin offering (ICO) participant who has been dormant for nearly nine years has transferred a whopping 2,000 ETH out of their wallet. This sum is currently valued at approximately $6.7 million, according to blockchain sleuth Lookonchain.At press time, the price of the second-largest cryptocurrency is sitting at $3,354 on major spot exchanges.Similar transfersThis event is not isolated. Several other Ethereum ICO participants have reemerged after years of dormancy to move their ETH holdings.For instance, on Feb. 20, another participant deposited 1,732 ETH to Kraken following Ethereum’s price surge past $3,000.Earlier, on Nov. 29, 2023, a transaction involving 3,000…
This week witnessed significant turbulence in the Bitcoin Exchange-Traded Funds (ETFs) market, with total net outflows nearing $900 million. Moreover, this coincides with the pullback in the Bitcoin (BTC) price and the crypto market crash. The major contributor to these outflows was the Grayscale Bitcoin ETF (GBTC), which saw staggering outflows totaling $14 billion since its January 2024 launch.Spot Bitcoin ETFs Register Outflows For The Entire WeekThe Bitcoin ETFs recorded over $888 million outflows in the current week. On Friday, March 22, Spot Bitcoin ETFs experienced a substantial net outflow of $51.6 million, while GBTC alone recorded a single-day outflow…