Crypto news

The lending market for non-fungible tokens (NFTs) has witnessed an unprecedented surge, hitting a quarterly high of $2.13 billion in Q1, marking a significant 43.6% quarter-over-quarter growth. According to data from CoinGecko, five of the six top platforms are seeing increased volumes. Blend Dominates with 92.9% Market Share In January, the NFT lending market hit a record $0.9 billion monthly volume, exceeding the previous peak of $0.85 billion in June 2023. Blend emerged as...

The focus of DTX Exchange (DTX) investors has shifted significantly as they prepare for the potential of a monumental price rally. While the broader market sentiment remains bullish, particularly with notable projects like Solana (SOL) and Jupiter (JUP) experiencing upward trends, DTX investors appear undeterred, choosing to chart their own course. Could this beginner cryptocurrency be the next big thing in the digital asset space? Read on to discover....

In yet another milestone for the Bitcoin network, its daily transactions peaked at 927,000, surpassing the previous record of 724,000 set in December 2023, according to findings by Intotheblock. The launch of Runes sparked a rapid increase, demonstrating growing interest and utility in cryptocurrencies, setting a new all-time high in Bitcoin’s transaction activity. Runes, a new token standard on the Bitcoin blockchain, has dominated transactions since its launch following the...

Several factors could potentially lead to a significant increase in the price of Bitgert coin. It’s possible to also experience 2000% in just a couple of weeks. If Bitgert coin is adopted by a large number of users and businesses, this could drive up the demand for the coin and increase its price. This could happen if Bitgert is used to pay for goods and services or if it is used to develop decentralized applications (dApps). Other factors like Bitgert getting...

Most speculators have been adjusting their analysis sheet for the last 3 weeks with the fast-changing movement of the BEFE price. The interesting thing about the movement has been the fact that the BEFE coin has been exceeding all expectations and looking continuously better than it was a week earlier. As this move continues, BEFE’s potential to cover the $0.01 price point becomes closer every day. In the last 3 weeks, the price movement has done more than 350%...

Spot Bitcoin ETFs have been a major catalyst in driving BTC to establish an all-time high months before its fourth halving. According to a new report by Ecoinometrics, Bitcoin cannot grow further without those products. These funds appear to have “stopped accumulating coins” (in aggregate) for more than a month, which can be a cause of concern for the leading asset’s future price trajectory. Bitcoin’s Growth Hinges on ETFs From January to mid-March, spot Bitcoin ETFs managed...

Bitcoin’s price recovery attempts from the business week have come to a halt as the asset slumped to $62,400 earlier before bouncing off to around $63,000 as of now. The altcoins are in no better shape, with most of the market turning red today. The total crypto market cap is down by $150 billion in two days. BTC Dumps to $63K Bitcoin’s price actions before and after the fourth halving, which was completed last Friday, have been quite underwhelming. The asset recovered some...

The 2024 crypto presale scene is buzzing with opportunities, but none shine as brightly as BlockDAG, which tops our list of the most promising investments. With a staggering $20.7 million presale success, BlockDAG sets a high bar. Accompanied by Memeinator, Bitbot, WienerAI, and 5th Scape, these presales offer a unique chance for early investors to maximise returns. As these coins prepare to revolutionise their respective domains, investing promises significant...

Amidst the ongoing challenges faced by the Solana Network and the fluctuating predictions surrounding Polkadot’s price, BlockDAG is fast becoming a symbol of prosperity and innovation in cryptocurrency. With a keen focus on bolstering investor confidence, BlockDAG introduces a revolutionary financial strategy, boasting a strategic $100 million liquidity target and implementing a 4-month vesting period. This proactive move aims to counteract market volatility,...

A meme coin trader has reportedly cashed out over $22 million in profits from multiple positions in meme-themed tokens on the Solana blockchain. According to blockchain analysis firm Lookonchain, the actions of a trader identified as “paulo.sol” on the Solana Name Service account were flagged on April 26. Meme Coin Trader Profits Over $22 Million The meme coin trader achieved profitable outcomes from assets like Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK). They...