The crypto market is witnessing a resurgence, and analysts are heralding a new era for many altcoins. Notably, VeChain (VET) is forecasted to reach $1.8 mark by October 2024. Injective AI coin is also looking promising, particularly following the launch of the long-awaited inEVM. Among presale offerings, BlockDAG (BDAG) stands out, promising an astonishing 3233% return on investment for those who get in early. VeChain Bullish TrajectoryVeChain (VET) has established itself as a formidable player in the blockchain and supply chain management arena. Despite a recent downturn, analysts, such as EGRAG CRYPTO, forecast a promising uptrend, potentially reaching the $1.8…
Author: Web3 Daily Press Staff
Tether, the major issuer of the stablecoin USDT, has announced the launch of a game-changing innovation to revolutionize how users transfer USDT across different blockchain networks. This new migration tool comes at a time when the market value of USDT has soared to unprecedented heights, reflecting its pivotal role in the crypto ecosystem. Tether’s Game-Changing Innovation Tether’s latest innovation is a new tool designed to facilitate seamless transfers of USDT between different blockchain networks. With USDT operating across 14 blockchain ecosystems, including prominent platforms like Tron and Ethereum, this tool addresses the potential challenges posed by network disruptions within these…
Every person must be knowing the names of Bitcoin and Ethereum, but as this sector is progressing and developing rapidly there are several new lesser known cryptocurrencies available in the market. Best crypto currency is coming on a frequent basis with the advancement and capturing the attention of investors. These coins often possess the potential to earn higher rewards but are not known to the world. Thus, this article will explore the five best cryptocurrency coins with good potential if investors choose to invest in them in 2024. 5 Best Cryptocurrency to Buy Now in 2024 Hare are the 5…
Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. […] This news is republished from another source. You can check the original article here
The crypto community has been abuzz with talk of something called “flipping.” It’s basically the idea of Shiba Inu, a cryptocurrency, potentially surpassing Dogecoin in market value. If this were to happen, it would mark a big change in the world of cryptocurrencies. So, we’re going to dive into this idea and see if it holds water, using the latest market cap data. Let’s take a closer look at this comparison between Shiba Inu vs Dogecoin. Shiba Inu vs Dogecoin How has the SHIB price moved in recent days? SHIB/USD Daily Chart- TradingView Right now, Shiba Inu’s price is sitting at a cool…
In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual attacks, with 12 incidents representing 85.71% of the total losses across targeted […] This news is republished from another source. You can check the original article here
Making money in crypto through staking with Scorpion Casino (SCORP), Avalanche, and Chainlink offers diverse avenues for investors looking to capitalize on the growing cryptocurrency market. Let’s have a look at what each of these projects offer investors. Staking With SCORP Yields High Rewards Staking in crypto has become a well-sought route to passive income by crypto investors and there is evidence to suggest that Scorpion Casino is quickly carving out a reputation to being one of those coveted pathways in crypto. It provides a promising opportunity for passive income within the online gaming industry’s confines by leveraging blockchain technology…
In a dynamic market landscape where cryptocurrencies soar and enthusiasts rally, Healix Protocol emerges as a beacon of innovation, drawing inspiration from the surging Ethereum, Shiba Inu, and Cardano communities. With a presale event on the horizon, Healix Protocol rides the wave of excitement, offering investors an opportunity to contribute to a transformative vision in healthcare. Navigating Healthcare’s Challenges: Healix Protocol’s Vision Healix Protocol aims to revolutionize the industry. The healthcare sector faces diverese challenges, from fragmented data management systems to issues of data security and patient privacy. Healix Protocol recognizes these obstacles and seeks to address them head-on by…
Tomiwabold Olajide Bitcoin’s hard fork, Bitcoin Cash, also gearing up for its halving event, albeit earlier than Bitcoin halving event Read U.TODAY on Google News Excitement is brewing in the cryptocurrency community as both Bitcoin (BTC) and Bitcoin Cash (BCH) gear up for their respective halving events.With these highly anticipated milestones on the horizon, investors and enthusiasts are eagerly counting down the days until the reward for mining, along with its inflation rate, is cut in half.Halving events, which occur typically every four years for both Bitcoin and Bitcoin Cash, are programmed into the protocols of these cryptocurrencies as a…
After several days of enhanced volatility, Bitcoin has finally calmed and sits at just over $67,000. This has provided opportunities for some larger-cap alts to catch up, as both BNB and ETH have charted multi-year peaks. BTC Stalls at $67K Bitcoin had a highly positive last week in which it gained over ten grand. It stalled during the previous weekend but went back on the offensive on Monday and the overall sentiment in the community that the all-time high of $69,000 will fall soon. This indeed transpired on Tuesday afternoon when the bulls took charge, initiated an impressive leg up…