Category: Reviews

OpenSea NFT Marketplace Prepares to Onboard Millions to Web3 Space

OpenSea NFT marketplace is currently developing a 2.0 upgrade to enable users to seamlessly track digital collectibles from different blockchains. The mainstream adoption of Non-Fungible Tokens (NFTs) will significantly accelerate in the coming quarters fueled by improved infrastructure and heightened demand from institutional investors. Leading NFT marketplace OpenSea, with more than $20 billion in traded volume and over 80 million NFTs, has taken the initiative to ensure its future growth prospects by simplifying the adoption of digital collectibles. Furthermore, more metaverse and gamify-oriented protocols that depend on the NFT industry…

Countdown to January 19 Begins

Excitement is building as DojoSwap will be announcing the details of the upcoming launchpad project in the next 1-2 days. Injective Protocol, a leading decentralized finance (DeFi) platform, is preparing to host its next launchpad event on January 19-20 through its automated market maker (AMM) platform DojoSwap. More details about the upcoming event are to be released in 1 to 2 days. DojoSwap aims to be the go-to decentralized exchange for the Injective community, with its native token DOJO playing a pivotal governance role. Over the past day, anticipation has…

BlackRock, Fidelity, Ark Invest, Franklin Templeton, VanEck Place Bitcoin ETF on Their Main Pages

Home pages of some spot Bitcoin ETF issuers now boldly show visitors that these funds are available to all interested members of the public. Several spot Bitcoin (BTC) issuers have added their ETF to the main pages on their respective websites. Visitors can now see the option to buy into a spot Bitcoin ETF on the websites of Ark Invest, VanEck, Fidelity, BlackRock, and Franklin Templeton. The development shows that the issuers have begun to announce the possibility of buying ETFs to their respective customer bases in addition to other…

Samson Mow Says Bitcoin May Surge Past $1 Million

It is expected that the demand for Bitcoin will rise in ways that have never been seen in its entire history. Pixelmatic and JAN3 CEO Samson Mow has given one of the most “outrageous” predictions yet for Bitcoin. Mow, who has always bet big on Bitcoin, recently hinted that the BTC price may well be on its way to $1 million. The recent approval of spot Bitcoin ETFs and the upcoming halving event have already driven BTC demand up. However, Mow believes that it is only a matter of “days…

Fidelity Predicts Stablecoins and DeFi Resurgence Ahead of Rate Cuts

Fidelity Digital suggests that 2024 might witness a resurgence of institutional interest in DeFi yields. In its recently released 2024 Digital Assets Look Ahead report, asset manager Fidelity Investments predicts a potential resurgence of institutional interest in Decentralized Finance (DeFi) and stablecoins, based on the Federal Reserve‘s anticipated interest rate cuts. Stablecoins and Institutional Adoption Fidelity Digital, the crypto arm of the firm identifies stablecoins, pegged to the US dollar, as a catalyst for adoption in 2024. The report suggests that traditional finance firms exploring stablecoins for settlements could bring…

Bitfinex Thwarts $15B Cybersecurity Attack Involving XRP

Paolo Ardoino explained that the attacker anticipated Bitfinex’s system would be improperly configured to process partial payments. In a recent turn of events, Bitfinex, a prominent crypto exchange, successfully thwarted a sophisticated cyber attack involving an attempted transaction of nearly $15 billion worth of Ripple’s XRP.  In a post on X, formerly Twitter, Whale Alert, a well-known blockchain tracking entity, initially reported the incident noting that an unknown wallet successfully moved 25.6 billion XRP, nearly half of the token’s total supply, to Bitfinex. However, Whale Alert retracted its statement, attributing…

Bitcoin Price to Hit ATH Over $69K before End of 2024

According to Scaramucci, Bitcoin should benefit immensely from the spot Bitcoin ETFs the SEC recently approved for trading. Anthony Scaramucci has predicted that Bitcoin (BTC) will hit a new all-time high (ATH) before the end of 2024. According to the chief executive officer (CEO) and founder of alternative asset management firm SkyBridge Capital, Bitcoin will hit the new ATH spurred by activity from the recent approval of spot Bitcoin exchange-traded funds (ETFs). Scaramucci talked about the possibility of a new ATH for Bitcoin while speaking in a CNBC interview. The…

Polkadot Parachain BitCountry Introduces InnoVoy Event to Boost Digital Identity

To incentivize early adoption, BitCountry is offering an exclusive opportunity for the first 1,000 users to free-mint their BitAvatar IDs without requiring an Invite Code. BitCountry, the pioneering Polkadot parachain project dedicated to developing immersive metaverse communities, is set to introduce BitAvatar, a Universal Avatar identity accompanied by an NFT-bound wallet to the Polkadot community through its InnoVoy Event. As highlighted in a press release shared with Coinspeaker, the InnoVoy event is poised to revolutionize the Web3 identity landscape just ahead of the much-anticipated L1 MNet Continuum launch. BitAvatar: A…

Franklin Templeton Takes Lead in Bitcoin ETF Fee War

The timing of the fee reduction aligns with the recent approval of several Bitcoin ETFs, leading to a rush among providers to position themselves favorably in the competitive ecosystem. In a strategic move to gain a competitive edge, Franklin Templeton, an American multinational holding company, has once again slashed the fees for its Bitcoin Exchange-Traded Fund (ETF), positioning itself as the most cost-effective option among the recently launched investment products. Franklin Templeton’s Dethrones Bitwise According to a recent filing with the Securities and Exchange Commission (SEC), Franklin Templeton reduced the…

XRP Burn Hits Major Milestone, Can The Burns Propel Price To $1?

The total number of XRP tokens burned just recently hit a major milestone. This has raised questions as to how much impact these burns can have on the value of the XRP tokens in circulation. Interestingly, Ripple’s CTO David Schwartz recently made some comments in this regard as he weighed in on whether or not XRP burns could affect the token’s value.  12 Million XRP Now Wiped Out Of Circulation Data from the XRP Scan shows that just over 12 million XRP tokens have now been burned and wiped out…