Before Non-fungible tokens (NFTs) came along, it was uncommon to see a picture publicly available on the Internet worth more than a house or a sports car. But this was exactly what happened when NFTs took the Internet by storm in 2021. From crypto events to news headlines, NFTs were the most talked about crypto innovation in 2021. Stories about The Merge, an NFT collection, which sold for $91.8m had the world talking about NFTs. Another artwork called Everydays: the First 5000 Days by Michael Winkelmann, was sold as an NFT for $61 million. Nigeria’s Anthony Azekwo also got his…
Author: Web3 Daily Press Staff
The hype surrounding Doge Day is reaching a fever pitch, with Dogecoin and other related meme coins skyrocketing in the lead-up to April 20th.Meme tokens are especially sensitive to such narratives. Last year, Dogecoin rallied by 50% in the first few weeks of April, a performance it could replicate this year as well.Meanwhile, a new Doge-related meme coin – Dogeverse – is off to a blazing start in its crypto presale, raising $750k in a little over 24 hours.While Dogecoin can only offer limited returns due to its high valuation, new low-cap meme coins have shown the ability to deliver…
Crypto can be volatile. That is as obvious as the nose on your face. There are of course opportunities everywhere, it’s just about spotting them and spotting them early. Amidst the recent volatility caused by revelations surrounding FTX, the crypto market has remained resilient, with promising projects emerging to capture the attention of investors worldwide. One such project that has been generating significant buzz is Scorpion Casino (SCORP), poised to revolutionize the crypto gaming industry and offer substantial returns for early investors. Re-energised Crypto Gaming Scorpion Casino, powered by the $SCORP Token, is set to become the top cryptocurrency investment…
BlockDAG has dramatically surpassed expectations, reaching a $15.3 million milestone in its presale, following the unveiling of its V2 whitepaper. This achievement eclipses the progress of Chainlink and the nascent Dogecoin20, showcasing the crypto community’s robust faith in BlockDAG’s novel integration of blockchain with Directed Acyclic Graph (DAG) technologies. Aimed at transforming transaction speed and scalability, BlockDAG presents a pioneering opportunity for investors eager to engage with a platform at the forefront of digital asset and blockchain technology evolution. Chainlink (LINK) Faces the Winds of Market Dynamics Chainlink finds itself amidst a turbulent market journey, with its sights set on…
Toncoin (TON), the cryptocurrency associated with the popular messaging app Telegram, has achieved a significant milestone. On April 9, 2024, TON set a new all-time high (ATH) of $7.11. Over the last seven days, Toncoin’s price has increased by more than 35%. However, after hitting its ATH, TON underwent a subsequent price correction and is currently trading at $6.49 at the time of writing. TON Flips Cardano (ADA) for 10th Spot in Market Capitalization This rally also made TON surpass Cardano (ADA) in market capitalization, which now holds the 11th position. TON’s market capitalization reached $22.43 billion, outpacing ADA’s $20.42…
The cryptocurrency market is highly volatile with many cryptos losing their value over time. With the current market dip, some analysts have studied the crypto market trends and have picked top cryptos to buy in the dip. Among the expert’s picks to buy now are KangaMoon, Ethereum, Bitcoin Cash, Litecoin, and Solana. These top cryptos have the potential to witness massive rallies in the coming months. While Ethereum is on the path of hitting new milestones, Bitcoin Cash price has set a new year record. Litecoin is now the most commonly used crypto for payment on Bitbay. The massive developments…
Cryptocurrency keeps investors and traders ready for sudden and extreme shifts in the market dynamics due to its significant versatility. Regulators and crypto developers understand this concern, making them introduce stablecoins, such as Tether, Circle, etc. A substantial transformation of the stablecoin ecosystem will soon prevail as Ripple is all set to release its competitive and highly scalable USD-pegged cryptocurrency. Additionally, Ethena’s USDE is another addition to the $150 billion stablecoin market. The crypto growth continues with emerging opportunities, such as Raffle Coin. It is a decentralized lottery system developed for everyone globally to guarantee higher financial and crypto gains.…
April 9, 2024 10:53 PM | 1 min read | Discover the power of “triple-threat stocks” today! Legendary investor, Tim Melvin, unearths unlooked “triple-threat stocks” in his Yield Report. Want a shot at handsome opportunities in both a bear and bull market? See if you qualify for the Yield Report. Access for only $0.99 here right NOW! Investors who have put money into major U.S. indices have enjoyed respectable returns since the bottom of the market in March 2020.In fact, the SPDR S&P 500 ETF, Invesco QQQ Trust Series 1 and SPDR Dow Jones Industrial Average ETF Trust have returned 127%, 159% and 102%, respectively, since then.ENTER…
FAYETTEVILLE, Ark. (KNWA/KFTA) — Arkansas lawmakers will be back at the state Capitol for the 2024 fiscal session. Arkansas Gov. Sarah Huckabee Sanders is sending her first budget to Arkansas’ representatives and senators to vote on. She’s asking those lawmakers to approve her $6.3 billion proposed budget. “All we do is we take a look at the state budget and see if there are any changes that need to be made,” said State Sen. Greg Leding, District 30. According to Leding, a major topic of discussion is going to be the LEARNS Act. Sanders has proposed a $109 million spending…
The CEO of VanEck – the global investment firm whose Bitcoin Trust (HODL) is among the almost dozen spot bitcoin ETFs – thinks the cryptocurrency industry should focus more on transaction fees and not so much on Bitcoin (BTC) and Ethereum (ETH) or their related exchange-traded funds.Jan van Eck said on CoinDesk’s “Markets Daily” that the transaction fees on the Bitcoin and Ethereum blockchains are unpredictable, making it harder to build applications in those ecosystems. “The most important story of 2023, which people know, but I don’t think they focus on enough, which is simply that transaction costs are now…