The Ethereum-based BUIDL fund from investing giant BlackRock has raised $245 million in Ethereum tokens since its launch last week. According to data from Etherscan, ten transactions have entered the BlackRock USD Institutional Digital Liquidity Fund, beginning with $5 million on March 20 when the BUIDL fund launched. Over the next seven days, an additional $239.8 million flowed into the ERC-20-based fund, including $92 million in Ondo Short-Term US Government Treasuries from the tokenized real-world asset platform Ordo Finance. “We’re excited to see BlackRock embracing securities tokenization with the launch of BUIDL, especially its broad cooperation with ecosystem participants,” Ordo…
Author: Web3 Daily Press Staff
As the crypto market braces for the upcoming Bitcoin (BTC) halving in April 2024, the discussion surrounding Bitcoin’s price trajectory has continued to gain momentum. Particularly, Michaël van de Poppe, a well-regarded figure in the crypto analysis domain, has shared his latest analysis on Bitcoin. Next Stop $80,000? In a post shared on X, Van de Poppe suggests that Bitcoin is on the cusp of a notable rise, eyeing a target range between $75,000 to $80,000 in the lead-up to the halving event. This prediction is based on the current consolidation phase of Bitcoin, indicating a buildup toward testing its…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Kelexo garners attention for its innovative P2P lending platform, drawing interest from Ethereum and Litecoin holders. Kelexo (KLXO) is a blockchain project that brings to life the concept of a decentralized P2P lending platform where loan lenders and borrowers are free to interact with each other away from the influence of a third party. Now in the second stage of its presale, Kelexo has revealed details of its P2P lending platform, which has driven even more investors to participate…
Crypto prices in the market rise and fall very quickly, some often declining into extinction with zero valuation. However, a few assets have managed to stand strong, far from what everyone thought, and Shiba Inu is one of them. In a recent X post, the Ethereum co-founder Vitalik Buterin acknowledged that Shiba Inu performed above his expectations. Buterin Expected the Shiba Inu Project Will Crash Buterin’s disclosure came as a response to a post from a Web Designer and Director at Frostwork, Nathan Young. Spotlighting the crypto holding of the Future of Life Institute (FLI), an AI research-focused non-profit firm,…
VeChain (VET) price has confirmed a bullish trend through higher highs and higher lows. The VeChain network has several products to help streamline the global supply chain for all enterprises. The latest VeChain product is geared towards real-world assets (RWA) tokenization. VeChain (VET), a veteran layer one (L1) blockchain geared towards the democratization of smart contracts through environmentally friendly solutions, has enjoyed robust ecosystem growth to guarantee bullish performance. The mid-cap altcoin, with a fully diluted valuation of $3.8 billion and a daily average trading volume of around $124 million, has rallied around 12 percent in the past seven days.…
Tether Operations Limited, the blockchain and cryptocurrency company behind the Tether stablecoin, has announced a strategic expansion of its artificial intelligence (AI) focus alongside a global recruitment drive for “top-tier” talent for its AI division. The expanded strategic focus comes amid concerns “over the monopolization of AI technologies by Big Tech,” according to a press release from Tether. The company says its Tether Data division “is stepping forward to champion transparency and privacy in AI model development.” Tether also said the company’s strategic AI expansion would build on its previous operations, including its recent investment in Northern Data Group. A…
Key Takeaways SafeMoon’s accessibility is highlighted through various acquisition options like CEXs, wallets, and DEXs, catering to different user preferences and fostering broader community participation. The guide underscores security measures like 2FA and user control over private keys, enhancing trust and confidence in SafeMoon transactions amid prevalent crypto scams and breaches. SafeMoon is a technology and innovation company focused on blockchain technologies, supported by their dedicated community, The SafeMoon Army. They are developing blockchain, commerce, metaverse, and NFT products to create new value from crypto technology. SafeMoon V2 (SFM) is a decentralized finance (DeFi) token with features such as Reflection,…
As April approaches, investors and enthusiasts are eagerly watching to see if Polkadot (DOT) can breach the $10 mark and what the future holds for this promising project. Polkadot’s primary goal is to provide a foundation for a decentralized internet of blockchains, also known as Web3. By connecting and securing a network of specialized blockchains, Polkadot enables interoperability among different networks, allowing for the seamless transfer of not just tokens, but any data or asset types. Also read: Dogecoin Is Now In Bullish Territory: Can DOGE Hit $0.5 in April? How high can Polkadot go in April? Source: cryptoslate Changelly analysts,…
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$1.1 billion Bored Ape…
🎰 Scorpion Casino’s Big Move: Listing on LBank Imminent! 🚀 Among those in this march towards financial empowerment are Scorpion Casino ($SCORP), Dogwifhat, and IOTA. Each offers unique pathways to passive income, but one stands out for its groundbreaking approach. Let’s uncover why Scorpion Casino, with its exclusive presale, might just be the investment opportunity of a lifetime. Scorpion Casino – A Gamble Worth Taking By combining entertainment with financial gain, Scorpion Casino has quickly become the go-to platform for online gaming enthusiasts looking for more than just a flutter. Supported by tokenomics including buy-backs and burns, $SCORP token is…