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Day: February 28, 2024
Magic Eden introduces creator focused Ethereum platform amidst soaring Bitcoin NFT transactions
Magic Eden, in collaboration with Yuga Labs, has launched a new Ethereum marketplace today, marking a significant milestone as the industry’s first major Ethereum platform that adheres to creator royalties. This partnership between Magic Eden, a leading cross-chain NFT platform, and Yuga Labs, a forefront web3 lifestyle and media company known for Bored Ape Yacht Club (BAYC) and others, aims to promote a thriving web3 ecosystem by valuing the contributions of creators. The initiative also sees the introduction of The Magic Eden Creator’s Alliance, a movement designed to support a…
Green Bitcoin raises $1m in presale, allows holders to earn by predicting BTC prices
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin and the broader market rise, a new BTC-inspired token, Green Bitcoin (GBTC), is rising in prominence in the ongoing presale. It is an eco-friendly Bitcoin alternative, piquing the interest of eco-conscious investors and ESG-aware institutions alike. But the project also appeals to the broader crypto market, offering a prediction game where users can earn GBTC rewards. The presale has been in high demand, recently surpassing the $1…
Stacks Creator Ali Calls Bitcoin ‘Apex Predator’ as Development Flourishes on OG Blockchain
Same with NFTs when I look at it. Yes, there are many other factors, but just the fact that with Ordinals, the image is literally on the chain. And it’s not on any chain, it’s on Bitcoin, right? We know that Bitcoin is going to be around. I think that one property just stands out. Like people just feel that, you know, this is real, this thing is never gonna disappear, and my digital art is now stored forever. And that’s it. Like I think that’s the base level property.…
Bitcoin Inches Away From $60,000 As BTC Hits ‘Extreme Greed’
After rising 5% in the last day, Bitcoin (BTC) is now rapidly nearing the coveted $60,000 mark. This is because investor interest in the largest cryptocurrency in the world has reached levels last seen during a 2021 boom, bringing it very close to its all-time high. Pre-Halving Rally? Bitcoin Nears $60K The increase in price coincided with a surge in demand as spot bitcoin exchange-traded funds (ETFs) achieved trading volumes of over $3 billion cumulatively on Tuesday. Additionally, other traders cited the anticipated April bitcoin halving as the source of…
First Bitcoin Blockchain ICO Rockets Past $5M Milestone – Blockchain News, Opinion, TV and Jobs
London, United Kingdom, February 28th, 2024, Chainwire The Bitcoin Dogs presale has already raised over $5.1 million in under 14 days. With only 5 stages remaining, the ICO is now at its halfway point and only has 16 days left before it ends. The ICO is covering fresh territory: no BRC-20 token on the BTC blockchain has been available for public presale until now. This has piqued the crypto community’s interest, and Bitcoin Dogs has generated a strong social following as a result. Top crypto influencers, including @MrX_Crypto, @BscSuperAltcoin, and @BscGemsX1000,…
Bitcoin Miner Riot Acquires 31,500 ‘Next Generation’ M60S Mining Machines Worth $97.4 Million
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth $97.4 million by the end of July 2024. The addition of the new bitcoin mining machines is projected to increase the “self-mining” hashrate capacity of Riot’s Rockdale Facility to 15.1 EH/s. Replacement of Underperforming Miners […] Original
Spot Bitcoin ETFs record new trading volume ATHs in 2 straight days
Spot Bitcoin (BTC) ETFs have continued to attract interest from market participants, having recorded two new all-time highs in trading volumes over the past two days amid the latest Bitcoin uptrend. According to Santiment, the combined trading volume for the seven largest spot Bitcoin ETFs stood at $7.64 billion as of Feb. 26. This figure represents the current record high, having surpassed the previous record of $6.15 billion by $1.49 billion. Interestingly, the market witnessed the $6.15 billion high on Feb. 25, suggesting that the latest ATHs were attained in…
Ethereum Wallet Abruptly Wakes Up After Nearly 10 Years, Sends ETH Stack to Crypto Exchange
A long-dormant Ethereum (ETH) whale abruptly woke up on Monday and sent more than $773,000 worth of the second-largest digital asset to the top US crypto exchange Coinbase. The crypto-tracking platform Whale Alert notes the wallet is a pre-mine address that wasn’t active for more than 8.5 years. Pre-mining refers to the creation of a crypto asset before it is launched publicly. The pre-mine whale first sent a single Ethereum to Coinbase, followed by 237.748 ETH in a subsequent transaction, according to the blockchain tracking platform Arkham Intelligence. The crypto…
Binance and KangaMoon soaring, Chainlink is under pressure
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Binance Coin (BNB) and KangaMoon (KANG) are firm. KangaMoon recently hit an all-time high, and BNB is up by 30%. However, projects like Chainlink have seen significant declines. These declines have caused Chainlink investors to diversify, and as a result, tokens like BNB and KangaMoon are seeing an uptick in new investors. Chainlink under pressure Although it…