Bolstered by the success of spot exchange-traded funds (ETFs), Bitcoin (BTC) has emerged as a blue-chip asset and is now drawing institutional adoption on a large scale. The uptick in Bitcoin trading has also boosted its mining rewards. As per reports, on March 7, 2024, Bitcoin’s daily miner rewards crossed $78.6 million. The figure crossed the peak obtained by the mining rewards in April 2021. Miners earn rewards for confirming transactions and then adding them to the blockchain. Analysts hope the optimism also rubs off on altcoins like InQubeta (QUBE). The Ethereum-based token has been making rapid strides and can…
Author: Web3 Daily Press Staff
Just as the Gold Rush propelled thousands toward uncharted territories, the presale of Koala Coin (KLC) ignites a similar fervor among crypto enthusiasts. At stage one with a tempting price of $0.014, the opportunity whispers the urgency of now, beckoning Dogwifhat (WIF) and Shiba Inu (SHIB) communities towards the warmth of the promising embrace of Koala Coin (KLC).Embracing the Unmissable: The Unique Journey of Koala Coin (KLC)As Koala Coin (KLC) unfolds its leaves to the world, it not only offers a captivating journey filled with giggles and financial freedom but also promises a robust and secure blockchain experience. With each…
Understanding emerging trends is paramount when considering investing in cryptocurrency. Among the current buzz, ‘TAO Price Prediction’ garners attention with its promising trajectory, while VeChain’s bullish outlook indicates resilience and growth potential. However, BlockDAG (BDAG) is stealing the limelight with its remarkable $9.9 million fundraising milestone and the tantalising prospect of a 5000x return on investment (ROI) as it transitions from Batch 4 to Batch 5. This article delves into BlockDAG’s innovative community engagement, setting it apart from TAO and VeChain and positioning it as a compelling prospect for altcoin investors in April 2024. TAO Price Prediction: Resurgence Amidst Volatility…
Yuri Molchan Gabor Gurbacs shares his comment on Ripple’s plans to penetrate market dominated by Tether’s USDT Read U.TODAY on Google News Strategic advisor at Tether and VanEck fund manager Gabor Gurbacs has shared his take on Ripple’s announced plan to launch a stablecoin backed by USD later this year.In his tweet, Gurbacs shared the key reasons why Tether’s USDT is likely to continue to dominate the stablecoin market.”There’s only one king: It’s Tether”- Key reasons whyGabor Gurbacs began his tweet saying that every blockchain company wants to launch its own stablecoin. While being all for competition in the market,…
Navigating through the dynamic terrain of cryptocurrency investments requires a keen eye for promising opportunities. This month shines a spotlight on the eagerly awaited launch of Scorpion Casino (SCORP) on April 15th, which aims to revolutionize the crypto gambling landscape. Alongside, we’ll unpack the latest on Polkadot (DOT) and Arbitrum (ARB), highlighting their innovative contributions to blockchain technology and the potential impact on their growth prospects. Scorpion Casino (SCORP): A Game Changer in Presales The anticipation surrounding Scorpion Casino’s debut is palpable, with its approach to merging gaming excitement with cryptocurrency investment. Offering a unique rewards system, SCORP aims to…
Quick take: The crypto exchange company asked users to withdraw their Bitcoin NFTs from the Binance NFT Marketplace before May 18, 2024. Users will no longer be able to buy, deposit, bid on, or list NFTs on the Binance NFT Marketplace via the Bitcoin network beginning May 18, 2024, at 06:00 UTC. The platform will also cease support for airdrops, benefits, or utilities associated with Bitcoin NFTs. Binance is ending its support for Bitcoin NFTs, the crypto exchange company announced on Thursday. This announcement comes barely two months after officially enabling the buying, depositing, bidding, selling and listing of Bitcoin…
A lot of innovations have been hitting the crypto world recently. However, among the multitude, the hot new crypto, Raboo, stands out with its incredible development that encompasses every aspect of today’s DeFi. Since its introduction, the token has taken center stage from renowned Stellar (XLM) and IOTA. Investors are trooping in to secure slots in the Raboo (RABT) presale at an irresistible price of $0.003. What sets Raboo apart from the once stalwart IOTA and Stellar? Let’s find out. Raboo (RABT): Ushering in a new generation of cryptocurrencies At first glance, Raboo might sound like any regular meme coin.…
Meme coins are making merry in the market! Memes are now making people richer by inspiring meme coins. Recently, the dog-themed token Dogecoin (DOGE) left crypto enthusiasts surprised with its upward trajectory. The development reaffirmed its potential to drive financial independence. Market experts are optimistic about Dogecoin’s fortunes and the growth potential of other tokens like Uniswap (UNI) and InQubeta (QUBE). A section of crypto enthusiasts have predicted that the two tokens have the potential to grow by 50x in the coming months. While Uniswap is a leading crypto exchange, InQubeta (QUBE) is a crypto-supporting crowdfunding platform for AI projects.…
New global research by London-based Nickel Digital Asset Management, a digital assets hedge fund manager, has shown that institutional investors and wealth managers are increasingly focusing on the opportunities from tokenisation and decentralised finance solutions (DeFI). Around three-quarters (75%) are predicting that tokenisation of investment funds and asset classes will increasingly be adopted by fund managers over the next five years with 14% forecasting dramatic growth in its adoption over the period. The study with institutional investors and wealth managers in the US, UK, Germany, Switzerland, Singapore, Brazil and the United Arab Emirates who collectively manage around $816 billion in…
The crypto market churns with relentless innovation, and crypto investors are always on the hunt for the next big thing. While established players like Chainlink and Uniswap continue to hold weight, a new breed of projects is emerging, poised to disrupt the landscape. This month, one project stands out from the pack: Scorpion Casino. Scorpion Casino: A Lucrative Investment Opportunity Scorpion Casino distinguishes itself as a pioneering force in the online gaming sector, complementing blockchain to provide users with a secure and transparent gaming experience. The platform boasts a diverse array of games, including a sportsbook, classic roulette, and other…