Bitcoin’s $70,000 breakthrough has sparked buying momentum across various altcoins, positively impacting the meme coin sector. Amidst this bullish sentiment, Shiba Inu (SHIB) has witnessed a robust recovery, further boosted by a crucial on-chain metric indicating growing buying pressure. Recent data from IntoTheBlock, a blockchain analytics platform, reveals that Shiba Inu has seen a considerable increase in transactions by whales. The transaction values have surged from $44.2 million to over $141.7 million, suggesting a growing demand among significant investors. This trend is likely to position the SHIB price on a stable bullish path in the short term, as the buying…
Author: Web3 Daily Press Staff
VeChain, a prominent player in the cryptocurrency market, has made waves with its latest announcement of unveiling a code-free asset tokenization platform. The news of this innovative platform launch has sparked renewed interest in VeChain’s native cryptocurrency, VET, leading to a resurgence in its price trajectory.So, let’s delve deeper into this groundbreaking development and its potential implications for both VeChain and the broader crypto market.VeChain Unveils Zero-Code Asset Tokenization PlatformVeChain has made significant strides in democratizing access to blockchain technology with the introduction of its Marketplace-as-a-Service (MaaS) platform. This cutting-edge platform empowers enterprises and individuals to tokenize digital assets without…
Tether has added native USDT on Celo blockchain. Celo ecosystem partners across P2P payments, lending, and remittances will leverage the stablecoin in their operations. Tether’s USDT is now live on Celo, a mobile-first and EVM-compatible blockchain. USDT integration on the Celo mainnet bolsters the blockchain platform’s stablecoin adoption and real-world assets (RWAs). “This expansion introduces USDT to Celo’s robust ecosystem with over 1,000 partners in 150 countries, including Opera MiniPay’s ultralight stablecoin wallet in Kenya and Ghana, among other countries,” the Celo Foundation said in a blog post. Tether and Celo initially announced their partnership on March 11. At the…
InvestorsObserver gives SafeMoon Inu a weak short-term technical score of 26 from its analysis. The proprietary scoring system considers the token’s trading history over the past month to determine the strength of its short-term technicals. SMI has currently traded better than 26% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions. InvestorsObserver is giving SafeMoon Inu a 26 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SafeMoon Inu! This news is republished from…
Investors recently received a massive shock when Bitcoin (BTC) spiked above $70,300. The token’s recovery was thanks to the Fed’s decision and comments on interest rates. This push comes after the bearish correction that Bitcoin has been on since it hit a new ATH above $73,000. Before this surge, Bitcoin had targeted lows at around $60,000. One token that refused to decline is InQubeta (QUBE). The viral AI token has been on a bullish tear for weeks thanks to the momentum of its presale. Throughout the event, interest in InQubeta has skyrocketed, and it recently hit ATH when the Reddit…
For most crypto enthusiasts, participating in Bitcoin mining remains a pipe dream – between the technical complexity, expensive hardware, and constant upkeep, it seems out of reach for the average person trying to dip their toes into crypto. But what if you could earn passive Bitcoin without needing to become an overnight blockchain expert or breaking the bank on specialized equipment? A new platform called GoMining is turning that pipedream into reality for everyday crypto fans. GoMining leverages non-fungible tokens (NFTs) to open up simple, accessible Bitcoin mining opportunities for the masses. By abstracting away traditional mining barriers through tokenization,…
Amidst recent market activity driven by Dogecoin Whales, IOTA’s impressive price surge, and BlockDAG’s strategic roadmap unveiling, the cryptocurrency landscape is witnessing notable developments. Dogecoin Whales’ billion-dollar transactions have stirred market dynamics, while the IOTA price prediction indicates a bullish trajectory. Additionally, BlockDAG (BDAG) stands out among the best crypto gems of 2024, presenting a clear roadmap and ambitious vision. These key events shape the future outlook for investors seeking promising opportunities in the cryptocurrency market. IOTA Price Prediction: Rises Amid Crypto Market Rally This week, the IOTA token emerged as one of the top performers in the cryptocurrency market,…
In this article, we explore the markets of Uniswap (UNI) and Dogecoin (DOGE). We delve into their gains and losses and the opportunities their investors are exploring to benefit from changing market conditions. This leads us right to Kelexo (KLXO), a novel platform that is set to revolutionize the credit industry. We analyze why analysts project huge growth for the token and the allure of its presale to investors. Uniswap (UNI) recovers and analysts predict positive price movements Uniswap (UNI) has fallen by 4% in the past week from $12.55 to $12.01. The token set a new yearly high at…
Tempo France claims it is the the first fintech in the money transfers market to suspend classical remittances in order to focus exclusively on decentralised finance (DeFi). According to Tempo, the time has come to give priority to the development of “radically new” business payment services. The firm still holds a pan-Europoean licence for money transfers and remittances but will now pivot to services based around web3, digital assets and blockchain technology once it obtains the relevant licence for offeirng digitial finance services. Tempo anticipates “signficiant growth” this year in projects that bridge the traditional and decentralised worlds of…
The crypto market is once again gaining bullish momentum after Bitcoin price soared above the $70,000 benchmark. This upward trend has been fueled by growing interest in Bitcoin exchange-traded funds (BTC ETFs) and positive regulatory developments globally, notably including the Swiss Bank’s announcement of interest rate cuts. Amidst this optimistic market and notable capital inflows, Pepe (PEPE) and Chainlink (LINK) have emerged as frontrunners in market growth. Both crypto have demonstrated significant increases in market cap and trading volume, highlighting investor confidence and increasing activity within the crypto space. Pepe (PEPE) trading volume surged 84% with upward price momentum Pepe…