As we delve into Cardano’s forecasted growth and VeChain’s revolutionary blockchain advancements, we examine the leading altcoins driving the market momentum this week. We will also uncover the transformative impact of BlockDAG (BDAG)’s keynote address, which ignited a skyrocketing presale surge and reshaped the crypto landscape. Cardano Prediction: Cardano (ADA) Analyst Forecasts Remarkable 60% Surge Next Week Renowned crypto analyst Sebi suggests that Cardano (ADA) is poised for a bullish rally, remaining optimistic despite an 8% dip last week. ADA, currently priced at $0.7373 with a market cap of $24.08 billion, shows signs of resilience and potential for substantial gains…
Author: Web3 Daily Press Staff
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B – Altcoins … Bitcoin.com News This news is republished from another source. You can check the original article here
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a notable development, Ethereum surpasses the $4,000 mark, spotlighting the Pushd e-commerce presale that attracts investors from Avalanche and Polkadot. Adding crypto presales into an investment portfolio can enhance diversification, spreading risk across different stages of project maturity and market segments. This diversification strategy allows investors to balance the high-risk, high-reward nature of presales with more stable investments, optimizing the portfolio’s overall risk-reward ratio. With Ethereum (ETH) breaking the $4,000 threshold, the Pushd (PUSHD) e-commerce presale is taking…
Bitcoin price fell to as low as US$65,000 after trading around its all-time high throughout the week but sales volume of the network’s non-fungible tokens (NFT) stole the spotlight on Friday. Bitcoin emerged as the top blockchain for NFTs over the past 24 hours, recording over US$22.2 million, as of 1:40 p.m. ET. This represents an increase of 76.04% from the previous day’s sales of US$12.6 million. The number of NFT transactions also rose by 19%, from 5,744 to 6,835, indicating a surge in activity on the Bitcoin blockchain. Following closely behind Bitcoin are Ethereum and Solana, which ranked second…
When Elon Musk semi-ironically endorsed dogecoin during the last bull run, most people saw it as a joke: a high-profile business guy playing with the funny money. Nobody is laughing anymore. These days, there are real institutions — from the Avalanche Foundation to Franklin Templeton — willing to say that meme coins are a legitimate use of blockchain tech.This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here.On Solana, there’s dogwifhat {{WIF}}, sillycat (SILLYCAT) and popcat (POPCAT). On Ethereum, {{DOGE}}…
More than 64,000 SNX stakers received the airdrop.The airdrop was launched by Synthetix’s founder to test lower fees on Optimism following the Dencun upgrade.It cost only around $4,000 to airdrop the tokens to all of the recipients.More than 64,000 Synthetix users received an airdrop of a memecoin today on Optimism, a layer 2 network on the Ethereum blockchain.The memecoin, dubbed LERNITAS, uses the ticker 2192 and depicts King Leonidas from the popular movie 300.Memecoins are cryptocurrencies influenced by internet memes, pop culture phenomena, and trends that have gone viral. They have recently surged in popularity, causing trading volumes on popular…
The launch of the new Ethereum-based ERC-404 standard was welcomed by massive investor interest sending gas fees on the network upward. The ERC-404 frenzy has since cooled down, while interest in Bitcoin (BTC) Ordinals has grown. The Bitcoin network has seen transaction fees hit a new high in March, while a new all-time high (ATH) was set at $73,00 on March 13. ERC-404 is the new direction Ethereum’s developer wants to take tokens created on its blockchain. It merges the features of existing standards for ERC721 and ERC20 coins already used in the ecosystem. The new standard allows different types…
Cardano, a cryptocurrency platform, was launched in 2017 and named after the Italian mathematician Gerolamo Cardano. In August 2021, Cardano’s founder, Charles Hoskinson, announced details about the Alonzo hard fork, which resulted in a 116% increase in the price of ADA, Cardano’s native token, in the following month. The Cardano team also anticipated the implementation of the Vasil hard fork. Although the project faced some obstacles, it was ultimately successful. As of the time of writing, ADA is trading at $0.722, with a 5% drop in value over the past 24 hours. Considering the current market conditions, it is worth…
© Alpha Footage Bitcoin Cash Decreases More Than 6% Within 24 hours Benzinga – Bitcoin Cash’s (CRYPTO: BCH) price has decreased 6.03% over the past 24 hours to $410.35, continuing its downward trend over the past week of -7.0%, moving from $438.62 to its current price. The chart below compares the price movement and volatility for Bitcoin Cash over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray…
Key points:Binance separates its $10 billion venture arm, Binance Labs, from the parent firm.Accordingly, Binance Labs staff now operate under separate contracts.Despite the split, Binance Labs continues leveraging the brand through licensing agreements.Leading crypto exchange Binance quietly unraveled its $10 billion venture capital arm earlier this year, coming within four months of Richard Teng’s appointment as the new chief executive officer of Binance.Binance Labs, the erstwhile venture capital division, has emerged as an autonomous entity, severing some ties with its parent group. Accordingly, Binance Labs staff now operate under separate contracts.Binance Labs’ Investment Director Alex Odagiu has affirmed the detachment…