Category Archive: Cryptocurrency, No picture
Axie Infinity Targets $100 After Crucial Breakout
Key Takeaways Axie Infinity has risen by more than 24% in the last 24 hours. The formation of a bull flag projects a new rally towards $100. The bullish outlook should prevail as long as AXS holds above $66. Axie Infinity has seen its market value appreciated by 2,105% over the past eight weeks. Although […]
These Ethereum Projects All Go Live on Arbitrum This Month
Key Takeaways Ethereum scaling solution Arbitrum is set to launch later this month. 73 projects are ready to deploy, providing a complete ecosystem from launch. As more scaling solutions come online, activity is expected to shift away from the main Ethereum network. The Arbitrum team has launched the Arbitrum One portal, showcasing the wallets, apps, […]
1inch Expands to Ethereum Layer 2 Solution Optimism
Key Takeaways 1inch has announced their deployment on Optimistic Ethereum, the Layer 2 solution. Optimistic Ethereum provides faster transaction speed, higher troughput, and lower fees than Ethereum mainnet. Optimism has been under fire lately after Sushiswap CTO Joseph Delong accused them of playing favorites. This news was brought to you by ANKR, our preferred DeFi […]
Music Streaming Platform Audius Surges 143% on TikTok Integration
This news was brought to you by Phemex, our preferred Derivatives Partner. The music streaming platform Audius has shot up 143% after the news of its partnership with TikTok was announced Monday. TikTok Integrates Audius Audius is soaring. The blockchain-based music streaming platform announced its partnership with TikTok Monday, marking the social media giant’s first-ever […]
Twitter Chooses Ex-Zcash Dev to Head Bluesky Project
Former Zcash developer Jay Graber has announced that she will be heading Bluesky, Twitter’s social media decentralization project. Jay Graber Will Lead Bluesky Graber announced on Twitter today that she will lead the project. I’m excited to announce that I’ll be leading @bluesky, an initiative started by @Twitter to decentralize social media. Follow updates on […]
It’s Make or Break Time for Bitcoin
Key Takeaways Bitcoin reaches a vital point in its trend after a 5% correction. BTC’s ability to withstand the recent spike in profit-taking could see prices rise to $51,000. But further selling might lead to a downswing to $40,000. This news was brought to you by Phemex, our preferred Derivatives Partner. Bitcoin could soon define […]
Crypto Fintech hi Hits One Million Users in 100 Days
Key Takeaways Fintech company hi has hit one million members less than 100 days after its launch. The company’s digital wallet allows users to send payments via social messengers such as WhatsApp and Telegram. Integrating crypto with social media has become a growing trend in recent months. This news was brought to you by Phemex, […]
Pudgy Penguins: Pump & Dump or NFT Mainstay?
Key Takeaways Month old project Pudgy Penguins has become the top traded collection on NFT marketplace OpenSea. The project has encountered controversy, with some accusing one of the founders of being a scammer. However, interest in the project looks genuine and demand for pudgy penguin NFTs continues to grow. Are pudgy penguins just another elaborate […]
NFT Gorillas Burn $90,000 Ethereum Per Minute
The Ethereum network hit a peak burn rate of 27.90 ETH per minute Sunday as users competed to mint CyberKongz VX NFTs. NFTs Burn Ethereum As NFT mania reaches its peak, so does the amount of Ethereum burned by transactions. This weekend saw extreme levels of Ethereum burned, fueled by the highly-anticipated CyberKongz VX project […]
How CryptoPunks Inspired a Wave of NFT Avatars
Key Takeaways CryptoPunks have spawned an NFT subgenre of avatars. Subsequent NFT avatar projects have followed the fundamental concepts introduced by CryptoPunks. However, the most successful projects have stood out by bringing something new to the NFT avatar scene. As one of the earliest examples of non-fungible tokens, CryptoPunks have become the most coveted NFT […]
