The arrival of the Saga mainnet appears imminent,and the SAGA token itself has a listing date. That’s thanks to massive crypto exchange Binance, which announced a Binance Launchpool program to reward customers with SAGA tokens for staking other coins—and half of the initial circulating supply will be offered up through the promo. Binance will list the SAGA token on April 9, and up until that point, Binance customers can stake Binance Coin (BNB) or the FDUSD stablecoin into rewards pools via the Launchpool website to earn a share of tokens upon launch. SAGA will have an initial circulating supply of…
Author: Web3 Daily Press Staff
As the cryptocurrency market rebounds, AI and Big Data cryptocurrencies are experiencing a notable surge, as reported by market intelligence platform, Santiment.What Happened: A post by Santiment on Thursday revealed that AI and Big Data cryptocurrencies are witnessing substantial gains in the ongoing market rebound. It said specifically, Robonomics.network has surged by 33%, Bridge Oracle by 21%, and Only1 by 20%.Santiment suggests that the advancements in AI technology are likely to benefit the projects on this watchlist. As the market continues to recover, these AI and Big Data crypto assets are expected to reap significant benefits.The rise in these assets…
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Renowned crypto analyst Jelle has caught the attention of the Bitcoin (BTC) community with his bold prediction of a target price of $82,000. Notably, despite recent challenges in breaking above the $66,000 mark, Bitcoin currently hovers around $67,780, showing resilience in the face of a short-term pullback. BTC To $82,000 Soon? In an X post uploaded earlier today, crypto analyst Jelle shared his latest view on Bitcoin. According to the analyst, the Bitcoin target “remains the same: $82,000”. It is worth noting that Jelle’s forecast is based on his observation of a “bullish pennant” formation, a technical pattern that suggests…
On a day characterized by a bearish trend in the blue-chip crypto markets, investors are delving into the altcoin sector in search of the most promising assets to purchase. With Bitcoin (BTC) and Ether (ETH) experiencing a downturn of approximately 5% over the past 24 hours, the crypto market is feeling the effects of broader economic factors. The strength of recent US manufacturing data has led to speculation that the Federal Reserve may postpone interest rate cuts, causing both the US dollar and bond yields to surge and placing additional pressure on US stocks and the cryptocurrency market. Bitcoin’s value…
In the crypto-verse, few tokens have captured as much attention as Shiba Inu (SHIB), the meme coin that gained prominence following the success of Dogecoin. Yet, recent revelations regarding the holdings of Shiba Inu’s elusive founder, “Ryoshi,” have sparked significant discourse and apprehension within the community. Market Fluctuations At press time, SHIB’s price has witnessed a noticeable 4.91% decrease in the past 24 hours, currently resting at $0.00002632. This decline has been compounded by a 2.36% reduction in market capitalization and a remarkable 30.45% plunge in 24-hour trading volume. With such bearish sentiment prevailing, investors are scrutinizing every facet of…
In recent years, staking VeChain has emerged as a prominent method for crypto enthusiasts to generate passive income while actively contributing to the security and decentralization of the VeChain network. In this extensive guide, we’ll delve deep into the process of staking VeChain using Pendle, an innovative platform within the decentralized finance (DeFi) ecosystem renowned for its cutting-edge solutions.Before embarking on the journey of staking VeChain with Pendle, let’s grasp the fundamental concept of VeChain staking. Staking VeChain involves locking up a certain amount of Ether (ETH) in a wallet to support the network’s operations. By staking their ETH, participants…
“[At Tether] we are bitcoiners at heart. We believe in the bitcoin mission that is bringing financial freedom to the world,” Ardoino said in a chat conducted over Keet on Wednesday. “If you have financial freedom, but you don’t have freedom of speech … we are not really free, right?”A decentralised ‘super app’ backed by Jack Dorsey sees rising interest in ChinaTether was started in Hong Kong 10 years ago and has since transformed into a critical component of Web3, often as a main source of liquidity for other cryptocurrencies because of its peg to the US dollar. Tether still…
Blockchain’s potential extends far beyond simple currency, a fact Koala Coin (KLC) embodies as it enters presale stage one at $0.014. Forging unique ties with Render (RNDR) and Polkadot (DOT) communities, Koala Coin (KLC) promises a blend of innovation and fun. Act quickly to join the movement. fear missing out on this opportunity. A Unique Blend of Meme Magic and Financial Freedom Koala Coin (KLC) is not just another token. It’s a journey of joy and financial liberation, wrapped in the comforting embrace of meme culture. Its mission is to transform transactions into moments of happiness, making every exchange a…
Franklin Templeton’s digital assets division has released a note to its investors introducing Bitcoin-based non-fungible tokens (NFTs), highlighting a surge in activity within the Bitcoin ecosystem. The asset manager attributes this increased momentum to various factors, including the emergence of Bitcoin (BTC) NFTs called Ordinals, the development of new fungible standards like BRC-20 and Runes, the growth of Bitcoin Layer 2 (L2s) solutions, and the expansion of decentralized finance (DeFi) applications built on the Bitcoin network. Bitcoin Ordinals Shine According to the Bitcoin ETF issuer’s report, activity in the Bitcoin NFT space is gaining momentum. In particular, Ordinals have seen…