Cardano (ADA), the eighth-largest cryptocurrency by market cap, has defied the recent market downturn, experiencing a 14% price jump in the past week. This bullish momentum can be attributed to a combination of factors, including impressive ecosystem growth, strong technical analysis, and increasing investor confidence. Cardano TVL Skyrockets, Stablecoins Gain Traction The recent Messari Q4 2023 report paints a vibrant picture of Cardano’s ecosystem. The network saw a staggering 166% quarter-over-quarter (QoQ) increase in Total Value Locked (TVL), reaching a record-breaking $450 million. This translates to a remarkable 693% year-over-year…
Day: February 18, 2024
NFT Market Sales Dip 12% This Week While Highlight Collections Record Notable Rises
In the last week, the market for non-fungible tokens (NFTs) has seen a decline, with sales falling 12.67% compared to the previous week, totaling $255.22 million. Ethereum took the lead in NFT sales, raking in $133 million, while Solana followed with sales over $46 million, relegating Bitcoin to third place with $40.9 million in sales. […] Source CryptoX Portal
Worldcoin Gains Over 80% In Profits On 106% Weekly Rally
Worldcoin, the ambitious project aiming to establish a universal digital identity through iris scanning, has grabbed headlines once again. This time, it’s not for its controversial practices, but for an 80% price surge in its native token, WLD, within a week. However, digging deeper reveals a multifaceted story marked by triumphs, challenges, and lingering concerns. Soaring App Usage Drives Growth On the positive side, Worldcoin boasts significant milestones. Its World App, launched in May 2023, has witnessed a surge in users, registering a record 16,000 daily Orb verifications – their…
Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in Review
Robert Kiyosaki predicted the downfall of the American empire, likening its fate to that of the Roman Empire, and advised investing in bitcoin, gold, and silver as a safeguard. Conversely, economist Peter Schiff described the recent bitcoin price surge as a “pump-and-dump” scheme. A Grayscale study on the upcoming Bitcoin halving in 2024 highlights a […] Source CryptoX Portal
Bitcoin Cash and Toncoin gain interest while NuggetRush eyes upswing
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin Cash surges with whale buys and Bob Token NFT news. Storm Trade introduces Toncoin futures. NuggetRush sets new P2E gaming standards. Bitcoin Cash (BCH), Toncoin (TON), and NuggetRush (NUGX) bring features and developments that contribute to the ongoing evolution of the digital financial ecosystem. Let’s look into the current state and potential future trends of Bitcoin Cash, Toncoin, and NuggetRush to understand what drives these ventures. >>Buy NuggetRush…
Spot Bitcoin ETFs are here. What’s next? Regulating defi?
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Four years ago, the crypto-lambo stunt at the New York Consensus conference garnered the world’s attention. It raised eyebrows among skeptics, boosted the morale of those invested in the industry, and accelerated the clamor for crypto’s real-world purchasing power. In hindsight, it stands as a rockstar moment in crypto history. Cut to the present, the recent ruling on spot Bitcoin ETFs marks a contrasting shift—a ‘family-man’ moment…
ORDI and Solana advance as NuggetRush presale captivates investors
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s rise could impact ORDI while Solana recovers from the bug-induced outage. NuggetRush’s 80% surge draws attention. The recent surge in Bitcoin’s price has positively affected ORDI, pushing it to the $70.00 range. Solana has also clarified the reasons behind its network outage on Feb. 6. NuggetRush (NUGX), a mining game built on Ethereum, could change investor behavior in the next few months. Its presale has raised $2.2 million…
LBank Labs Joins Blockchange Capital in Its First DePin Investment – Hivello
PRESS RELEASE. LBank Labs, a key player in the Web3 space, managing a $100 million fund that transcends specific protocols and exchanges, has joined the group of investors in Hivello, which simplifies DePin nodes for the masses. Hivello aggregates multiple DePin nodes into a single Web 2 console, allowing anyone to install it to earn […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Is Bitcoin Price Facing A Correction To $46,000? Here’s What This Analyst Thinks
Over the past week, the Bitcoin price put in one of its finest performances since the start of 2024, breaking above $50,000 for the first time since 2021. While the premier cryptocurrency has been moving mostly sideways in the past few days, it continues to hold its own above the $51,000 mark. However, a popular crypto analyst on the X platform has put forward an interesting prognosis for the Bitcoin price, stating that the coin might experience some bearish pressure in the near future. Is BTC Headed To $46,000? On…
Monero shows resilience, Jupiter struggles, Borroe Finance innovates in defi space
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Monero bounces back, Jupiter faces challenges, while Borroe Finance’s innovative DeFi solutions spark growing interest. Monero (XMR) and Jupiter (JUP) have been under pressure recently due to unfavorable ecosystem trends. While Binance plans to delist Monero later this month, JUP lost over 50% of its value in less than a week. Luckily, Borroe Finance ($ROE) gained more ground with its decentralized fundraising utility, and analysts believe the token will…