The value of the price floor for several leading Ethereum NFT collections has seen a significant drop over the last week, while Bitcoin Ordinals have increased. According to CoinGecko and Magic Eden, collections reported declines in the price floors of Bored Ape Yacht Club by 37%, Mutant Ape Yacht Club by 42%, and Pudgy Penguins by 38%. Conversely, the NodeMonkes Ordinals collection on the Bitcoin (BTC) blockchain has witnessed a 65% increase in value during the same timeframe. The price floor refers to the minimum price at which an NFT from a collection is available for sale. The fluctuation in…
Author: Web3 Daily Press Staff
Block, the Jack Dorsey-led payment company, has released its long-in-the-works Bitcoin hardware wallet — but you can’t use cryptocurrency to buy it. You can only purchase the $150 Bitkey wallet with your credit or debit card, a sign that crypto might not be as prevalent as its designers had anticipated.Block first introduced a prototype of the wallet in 2022 before opening preorders last December. The self-custody Bitcoin wallet, which Dorsey nicknamed “rockey,” lets users store cryptocurrency outside of an exchange to protect the funds from a potential collapse.Bitkey is paired with a mobile app and recovery tools in case users…
Jack Dorsey’s fintech company Block (SQ) has started shipping its new self-custody bitcoin wallet Bitkey after four months of taking pre-orders.Block unveiled Bitkey for pre-order in 95 countries last December, having commenced beta testing during the summer. In addition to its wallet function, Bitkey will connect to Block’s payments platform Cash App and crypto exchange Coinbase (COIN) to allow buying and selling BTC within its app.Bitkey consists of a hardware device, a phone app and a set of recovery tools.The app and hardware device are two of the three keys used to secure a user’s bitcoin, with the third stored…
SPONSORED POST* In a week marked by significant movements in the cryptocurrency market, Litecoin (LTC) and Fantom (FTM) have emerged as standout performers, each posting notable gains. Amidst this bullish activity, a new contender, InsanityBets (IBET), is making waves with its ongoing presale, drawing significant investor interest. Here’s a closer look at the price action and the unique appeal of IBET. Litecoin (LTC) and Fantom (FTM)’s Weekly Upswing In Value As of March 12, 2024, Litecoin has been trading at an impressive $91.02. Over the past week, LTC has experienced a surge of 14.73%, with an additional 12.79% increase in…
The Shiba Inu SHIBUSD price gained traction in the past week as investors flocked to the dog-themed token. Drawn by the allure of the “meme season,” buyers pushed SHIB to highs of $0.00004575 on March 5.Shiba Inu achieved a 300% gain in days, propelling it into the top 10 cryptocurrencies by market value and solidifying its position as a prominent player in the crypto industry.However, SHIB has recently witnessed profit-taking, dropping out of the top 10 cryptocurrencies by market capitalization.SHIB is currently ranked 11th in the cryptocurrency rankings, with a market capitalization of over $19.08 billion. Avalanche jumped to 10th…
Crypto investors and traders are confused while analysing Cardano’s potential to reach $10. The world of cryptocurrency is a blend of innovation and speculation, with every rise and fall echoing across the internet. One such sensation stirring the water is Cardano (ADA) with the looming question, “Can Cardano Reach $10?”. As the cryptosphere buzzes with the latest entrant, BlockDAG, and VeChain gains traction, Cardano’s journey becomes even more fascinating. Cardano’s Quest for the $10 Threshold Cardano, often regarded as the rising star in the crypto sphere, witnessed a surge in value from a humble support level of $0.23 to a…
Tether USDt (USDT): How Risky is It Wednesday? InvestorsObserver This news is republished from another source. You can check the original article here
SafeMoon Inu receives an average long-term technical score of 45 from InvestorsObserver’s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. SMI currently holds a superior long-term technical analysis score than 45% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help…
Presale Ending Soon, Tokens Almost Sold Out Are you on the lookout for the next big thing in the world of cryptocurrency investments? Well, look no further because we’re diving into three exciting options that promise passive income opportunities: Polkadot (DOT), Pepe Coin (PEPE), and Scorpion Casino (SCORP). If you’re aiming to make money in the crypto sphere, understanding these projects is essential. Polkadot: The Giant of Interoperability First up, we have Polkadot, a blockchain protocol that aims to enable different blockchains to transfer messages and value securely. Its main goal is to create an interconnected web where various blockchains…
Bitcoin Dogs has now raised a spectacular total of $10.6 million as it nears the final 48 hours of its presale, after which the 0DOG tokens will become available for public trading. The ICO, the first-ever for a token built on the Bitcoin blockchain, began on the 14th of February. It debuted with a product video that garnered thousands of views and achieved viral growth, amassing a community of over 110k followers on X and in excess of 25k members on Telegram, all in under 30 days.The exceptional response has been powered significantly by Bitcoin Dogs’ innovative use of the…