A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant occasion will slash the pace at which new bitcoins are […] Original
Day: February 17, 2024
Whales bullish on XRP despite dip, while Injective rival shows growth
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP rebounds with whale support; InQubeta’s ICO excels with $9.6 million raised, eyeing AI market lead. Bullish whales continue to buy up XRP despite prices dropping 3% in the past month. The interest has been so intense that prices have reversed and are now up 6.2% in the past seven days. XRP is one of the largest altcoins on the market, and its blockchain delivers some of the fastest…
Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team plans to integrate into the Yuga framework. Moonbirds NFT […] Source CryptoX Portal
Hot New Memecoin Is Surging, Toncoin (TON) and Celestia (TIA) Are Struggling for Momentum
Despite the recent market surge, Toncoin and Celestia have lost their momentum. Both projects have seen price declines over the last 24 hours, causing investors to jump boat and diversify. Meanwhile, a new meme coin is surging during its presale. Now, as early investors prepare for returns of 220%, experts believe this project could become one of the biggest meme coins of 2024. Toncoin Pioneers New DeFi Developments Toncoin is working to bridge the gap between DeFi and real-world applications. Over the last month, Toncoin’s new development has made it…
Binance token Minu soars 1100%, this meme coin might explode next
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Minu meme coin soars 1,100%, hints at new highs. Sponge V2 also surges with P2E hype. A BSC-native meme coin called Minu has surged over 1,100% this month. But after finding a high-interest support level, the price looks set for another leg up. Its meteoric trajectory reflects a broader market excitement in meme coins, enabled by the recent pump among leading cryptos like Bitcoin (BTC) and Ethereum (ETH). Minu…
Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check if the SIM of a mobile phone has changed in a given period. Telefonica […] Source CryptoX Portal
Spot Bitcoin ETF takes center stage, but what really lies ahead?
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The news of the United States Securities and Exchange Commission approving the first regulated Bitcoin spot exchange-traded fund (ETF) on January 10 roared through the crypto industry like wildfire. This decision marks a significant milestone in the crypto industry’s maturity. The first application for this instrument was filed all the way back in 2013 and ultimately got rejected by the SEC. Over a decade later, it has…
UNI Jumps Over 11% – Here’s Why Investors Flock to This Token
A few outliers continue to break through the bearish attitudes looming over the crypto horizon of late. UNI is one of those tokens, with an impressive jump of over 12% in the past 24 hours, investors have flocked to this altcoin in search of a bullish continuation. The first quarter of this year brings a lot to the table for investors. Just this month, Uniswap reported that its deployment on Arbitrum led to the swap volume on the latter to jump by a significant amount. The news is also coupled…
Coinbase Custody Accounts For 90% Of All Bitcoin ETFs
Coinbase Custody reportedly now holds over 90% of all Bitcoin ETFs in the United States. This development was revealed by the crypto exchange’s CEO, Brian Armstrong, while appraising the company’s performance in the fourth quarter (Q4) of 2023. Coinbase Emerges As Major Player In Bitcoin ETF Market In an X post on February 16, Brian Armstrong shared specific highlights of Coinbase’s achievement in Q4 2023. In particular, He noted that the American crypto exchange has played a crucial part in facilitating the adoption of cryptocurrencies by traditional financial firms (TradFi).…
Aptos Foundation and Blockchain Phone Maker Jambo Partner to Bolster Global Web3 Access
The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer one (L1) blockchain technology of Aptos in tandem with Jambo’s dedication […] Source CryptoX Portal