The HBAR token is still up by 61% over the past 24 hours, but the 2% market depth remains relatively thin, with $900,000 in cumulative bids on the Binance and Upbit order books within 2% of the current price of 14 cents. The token has over $2.6 billion in trading volume over the past 24 hours, according to CoinMarketCap. Source
The cryptocurrency market continues to grapple with volatility, and XRP has been no exception. After a promising start to the year, the price of XRP has mirrored the broader market slump triggered by Bitcoin’s correction. However, amidst the bearish sentiment, a different story is unfolding underwater – one involving deep-pocketed investors, or “whales,” accumulating the altcoin at a significant clip. XRP Whales Accumulate Millions Despite Price Drop While the price of XRP has dipped considerably from its highs in March, whale addresses have been quietly going on a buying spree.…
Akash Network fits into the wider ‘DePIN’ narrative, which has had substantial interest from venture capitalists recently. Anand Iyer, founder of Canonical Crypto, an early stage VC, told CoinDesk it is seeing the true utility of decentralized hardware come to life as the computing needs for AI surge. Source
The list of investors participating in the round are Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, Hercules Ventures, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, Mechanism Capital and Spirit Dao, who all purchased the new network’s upcoming utility and governance token TREAT. Source
In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush to mint runes now dominates block space. Presently, numerous runes exist on the Bitcoin blockchain, with several being offered on marketplaces such as Okx and Magic Eden. The Runes Economy Has Been Born Since their […] Original
PRESS RELEASE. WorkML.ai is developing a revolutionary platform that will harness the potential of hundreds of thousands of annotators from around the globe. Through comprehensive training programs, WorkML.ai aims to qualify annotators to produce high-quality Metadata, essential for enhancing AI models. Annotators will be compensated in WML tokens for their contributions, creating a dynamic ecosystem. […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 99Bitcoins has launched a new cryptocurrency, raising $500k in early presale days, aimed at powering its unique learn-to-earn platform designed to reward users for their educational engagement in crypto. 99Bitcoins, a prestigious media outlet, has launched a new presale cryptocurrency 99Bitcoins token. The project has enjoyed significant early success as it raised $500k in its opening days. Investors can still buy in at its presale price of $0.00101, but…
The value of the fan token for the French football club, Paris Saint-Germain, briefly surged from just over $4.30 to $5 after they knocked the Spanish football giants, FC Barcelona, out of the UEFA Champions League. However, the token for the English champions, Manchester City, plunged by nearly 20% after the team was eliminated from […] Source CryptoX Portal
According to a blog post from the Avail team, 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.” Recipients are widespread, but the team said that they must be either blockchain ecosystem developers, testnet contributors, users of rollups (Polygon, zkSync, Starknet, Optimism, and Arbitrum), Polygon PoS stakers or Avail community members that have made significant ecosystem contributions. Source
Leading crypto exchange, Binance has announced a new airdrop and web3 quest platform dubbed Megadrop. Announced on April 18, Megadrop is primarily a token launch platform that will host airdrops and Web3 quests by integrating the Binance Simple Earn program and the Binance Web3 Wallet. The goal, per Binance, is to make the airdrop experience more engaging for users. The platform exclusively allows access to select web3 projects before they are officially listed on the global exchange. Users can do this either by locking their BNB holdings for a certain…