Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. InQubeta (QUBE), a new AI project is capturing investor attention, as Shiba Inu continues to see increasing interest. Industry experts have unveiled the increasing interest in Shiba Inu (SHIB) by cryptocurrency exchanges. This reflects the growing fascination with digital currencies and the unique appeal of this altcoin within the crypto community. In line with this excitement, a new AI-crypto, InQubeta (QUBE), has challenged the dominance of Polkadot (DOT) as it captures investors’ attention in its space. This top crypto…
Author: Web3 Daily Press Staff
FrxETHRedemptionTicket, an Ethereum-based NFT collection, has emerged as the top performer in the non-fungible token market over the past 24 hours, with sales reaching US$4.64 million, marking a 480% increase. This sales boost helped propel Ethereum to the top of the day’s blockchain rankings, CryptoSlam data shows. Ethereum collections dominated the charts on Wednesday, as three collections claimed the top three spots. Ethereum’s Azuki collection experienced a 263% increase in sales, amounting to US$1.54 million, the second most in the market, with transactions up by 2.67%. Azuki is the NFT market’s eighth all-time sales leader with US$1.1 billion Bored Ape…
Tokens tied to artificial intelligence (AI) and internet of things (IoT) projects Fetch.ai and Internet Computer have posted outsized gains as the broader cryptocurrency market mounts a significant recovery. The market’s upward trend has pushed Bitcoin’s price above the psychological resistance level of $70,000, reaching a high of $71,500 before correcting back to $69.5K. The overall cryptocurrency market capitalization has increased from $2.6T to $2.64T in the last 24 hours, with the average trading volume spiking up 30% from $90B to $117B, according to Coinmarketcap. Among the top performers in this rally are IoT cryptocurrencies, which seem to be spiking…
Major cryptocurrencies traded mixed on Wednesday evening as Bitcoin’s momentum slowed and it experienced a small price correction.CryptocurrencyGains +/-Price (Recorded 12:00 a.m. EDT)Bitcoin (CRYPTO: BTC)-1.94%$69,229Ethereum (CRYPTO: ETH)-3.64%$3,486Dogecoin (CRYPTO: DOGE)+5.87%$0.19ENTER TO WIN $500 IN STOCK OR CRYPTOEnter your email and you’ll also get Benzinga’s ultimate morning update AND a free $30 gift card and more!What Happened: Over $9.4 billion worth of Bitcoin options are scheduled to expire on the Deribit cryptocurrency exchange on March 29. This indicates a potential maximum pain price of $50,000, according to data shared by Unfolded in a March 27 X post.The max pain price is the…
Ethena Labs intends to make a major airdrop called 750 million governance tokens, namely ENA. The tokens for the total number of ENA is only 5% among the users with shards, which equates to the digital units indicating the engagement with the DeFi protocol. The recipients who are allowed must hold the USDe, a stablecoin readily exchangeable for matching US dollars.Users will accumulate their USDE based on the accumulation of shards by April 1. It will be necessary to hold their USDE stakes in the Ethena protocol as a condition for receiving airdrops of the tokens. The Ethan Shard Campaign…
Explore BlockDAG’s innovative DeFi card, which transforms cryptocurrency into spendable cash, alongside Chainlink (LINK) crypto and Ronin’s advancements. BlockDAG has captured the spotlight with its remarkable $9.8 million presale in the crypto world, where innovations emerge quickly. The platform’s introduction of a DeFi card redefines how we utilize cryptocurrencies, seamlessly integrating them into our daily financial activities. This initiative promises a future where digital currencies like Ethereum and Bitcoin are as straightforward to spend as traditional fiat money.BlockDAG’s ecosystem is designed to facilitate online shopping, ATM withdrawals, and in-store purchases with cryptocurrencies, setting a new benchmark in the crypto-payment domain.…
Cardano (ADA) has received plenty of criticism over the years, whether it’s ADA’s price performance, its founder’s personality, or its community’s “beef” with Solana. This time, the project’s marketing team made the headlines after a viral video of female Cardano users became viral on social media. The ‘Cardano Girls’ video has sparked a conversation about the project’s efforts to reach a broader audience. A Breath Of Fresh Air In The Community The ‘Cardano Girls’ video was uploaded by Lily Brodi, a content creator and Cardano user, and went viral in hours. The video recreated a popular social media trend of…
Bitcoin Cash price got supercharged this week as focus shifted to the upcoming halving event. The BCH token surged to a high of $553.65, its highest point since November 21st. Like other cryptocurrencies, it has soared by more than 450% from its lowest level in 2023.Bitcoin Cash halving countdownOne of the biggest crypto news of this year will be the upcoming Bitcoin halving. This is an important event that slashes the amount of Bitcoin rewards offered to miners by half. It will be the fourth halving event to ever happen in Bitcoin’s ecosystem.Bitcoin will not be the only cryptocurrency to…
In cryptocurrency, few assets have garnered as much attention and adoption as Binance Coin (BNB). With its versatility, utility, and strong backing from the leading cryptocurrency exchange, BNB has emerged as a top digital asset player. As we step into April 2024, investors and enthusiasts are eager to understand the potential trajectory of BNB’s value in the coming month. Current Status of BNB BNB has witnessed significant fluctuations in its value over the past week. As the coin experienced a notable 17% surge in its price, recent days have seen a slowdown in its growth momentum. According to data from…
Ethereum has shown some interesting moves on its price chart lately. The question on many people’s minds is: is Ethereum finally on the safe side now?Recently, Ethereum’s price has made a promising move — it has gone up over the 21-day Exponential Moving Average. This is an important line on the chart that helps track the average price over the last 21 days. Going above this line is a good sign and can mean the coin’s price might start to gain more traction.ETHUSD Chart by TradingViewBut it is not all clear skies yet. There is a price called resistance, and…