Bitcoin has taken 40% of the NFT market share. Three Bitcoin collections are now among the top 10 NFTs. The introduction of Bitcoin [BTC] NFT Ordinals inscriptions marked the beginning of the NFT revolution on the platform. Since then, NFT activity has surged, with BTC NFTs now surpassing others in rankings. Additionally, recent data indicates that Bitcoin holds the highest market share in the NFT space. Bitcoin takes charge of NFT volume Analysis of data from NFT Pulse showed that Bitcoin currently holds the highest volume in the NFT market. At the time of this writing, the total trade volume…
Author: Web3 Daily Press Staff
At the recent Project ALFRIED event, IOTA, a form of Distributed Ledger Technology (DLT), demonstrated impressive results. Recognized for its potential in driving Internet of Things (IoT) solutions for businesses, several ALFRIED partners exhibited their integration of IOTA into their developments, particularly focusing on the advancement of autonomous vehicles. This article is all about the IOTA News and how high will IOTA price go. Let’s take a look at this in more detail.IOTA stands out in the distributed ledger landscape due to a key distinction: it doesn’t use a traditional blockchain structure. Its unique technology, named Tangle, comprises a network of nodes…
People are getting more excited as Doge Day, slated for April 20, gets closer. In reaction to this excitement, Dogecoin pumped from a low of $0.16 on April 05 to above $0.20. As of 05:25, Dogecoin trades at $0.205, reflecting a 5.6% 24-hour increase. The bulls also dominate the longer timeframes. According to the crypto price tracker, Doge has recorded a seven-day increase of more than 7%, with a 9% 30-day price gain. With the massive bullish pressure, Dogecoin’s market Cap of $28 billion is a few inches from flipping USD Coin‘s just over $32 billion. But can DOGE sustain…
The SEC delivering a Wells notice to Uniswap Labs marks the regulator’s largest decentralized target to date, industry participants said. Posted April 11, 2024 at 5:37 pm EST. The U.S. Securities and Exchange Commission hitting Uniswap with a Wells notice, disclosed Wednesday, marked a departure from the regulator’s tried-and-true practice of clamping down on centralized crypto entities, attorneys said. A Wells notice typically precedes an SEC lawsuit — if Uniswap Labs, the creators of the decentralized Uniswap exchange, is sued, it would mark, by a wide margin, the regulator’s most significant enforcement action against a decentralized exchange (DEX), which are…
Chainlink launches groundbreaking features for enhanced cross-chain transactions CryptoSlate This news is republished from another source. You can check the original article here
In the growing landscape of cryptocurrency, BlockDAG emerges as a compelling investment opportunity despite the promising prospects of Cardano and the enduring dominance of Bitcoin. This article delves into BlockDAG’s innovative technology, robust security features, successful $15.8 million presale, and remarkable potential for a 30,000X ROI. Cardano’s Potential on the Horizon Cardano, distinguished by its research-driven approach and emphasis on sustainability and scalability, holds promise for the future of blockchain technology. Despite trading below its all-time high, enthusiasm for Cardano’s potential remains high, particularly with the anticipation of an altcoin season and the Bitcoin halving event. While predicting Cardano’s trajectory…
Never Miss a post you’ll loveWe post new articles every day…Subscribe to get a recap of the days posts & never miss the latest breaking news or exclusive content. Polkadot’s (DOT) active addresses have surged past 600,000, signaling strong user engagement, primarily driven by the Moonbeam platform. Meanwhile, Bitcoin Cash celebrates its second halving event, sparking investor interest with a potential rally on the horizon. On the other hand, BlockDAG (BDAG) emerges as a standout on the presale scene, rapidly gaining attention with its innovative fusion of DAG and blockchain technologies. With analysts predicting an unprecedented 20,000x ROI for BlockDAG,…
BNB appeared set for another leg up following a 6% increase in a week. It broke out of a symmetry triangle and now looks a bit strong on the day. The bulls are in control but trading volume seems low at press time. The last four weeks of trading have been a slow-down period for BNB as it underwent healthy corrections. Despite that, its bullish trajectory remains intact on the mid-term outlook as it recently found support a solid ground. Forming a complete bullish pennant during this correction period, the price squeezed for five days and broke out strongly yesterday.…
Ethereum enthusiasts eagerly awaiting the launch of a much-anticipated Ethereum Exchange-Traded Fund (ETF) may have to wait a little longer. According to Investor Lark Davis on X, the EFT approval is less likely to happen soon. Ethereum ETF approval for May 23rd is looking less and less likely… Blackrock final approval date is August 7th, will Gary dare to deny Blackrock? — Lark Davis (@TheCryptoLark) April 10, 2024 Recent developments suggest so many uncertainties surrounding the approval process. Industry heavyweight Blackrock is awaiting an August 7th deadline rather than the previously expected May 23rd timeline. SEC Delays Approval of Ethereum…
Tesla Inc. CEO Elon Musk has been a fan of DOGE for some time. He first began discussing the meme coin project in 2019, when he posted on social media “Dogecoin might be my fav cryptocurrency. It’s pretty cool.”While this post did not have much impact on DOGE at the time, Musk continued posting about the token. He posted a meme about DOGE adoption in July 2020 that was captioned “It’s inevitable.” After multiple years of posting, the token took off in 2021, reaching an all-time high of nearly $0.74. It’s clear that Musk’s opinion on the memecoin is valued in…