A recent development has seen a substantial increase in transaction activities on major Ethereum Virtual Machine (EVM) chains. According to Etherscan, a widely used blockchain analytics platform, 95% of these transactions can be attributed to inscriptions. The Ordinals Inscriptions Wave Ordinals inscriptions, which involve embedding unique data in transaction call data to create non-fungible tokens (NFTs) directly on the blockchain, have increased in popularity. This new...
Read More »Bitcoin Stable Above $43.5K But is There a Danger of a Long Squeeze? (BTC Price Analysis)
Bitcoin’s price has recently found a stable range around the critical resistance level of $45K, indicating a bullish sentiment among market participants. However, there is a possibility of a short-term decline, potentially pulling back towards the $40K support level. Technical Analysis By Shayan The Daily Chart A close look at the daily chart shows that Bitcoin’s upward trajectory has faded upon reaching the critical $45K resistance zone. This level coincides with the upper...
Read More »Web3 Growth Marketing Leader Addressable Completes $13.5M Raise Led by BITKRAFT
[PRESS RELEASE – Tel Aviv, Israel, December 21st, 2023] Addressable, Web3 growth marketing leader, announced today the successful closure of its second funding round this year, reaching a total of $13.5 million so far. The infusion of capital will enable Addressable to supercharge its Web3 Growth Suite and expand its service to new ad networks and blockchains, solidifying its status as the Web3 growth marketing category leader. This significant milestone is based on...
Read More »bitsCrunch BCUT Community Sale Sells Out In Record 24 Minutes, Raising $3.85M
[PRESS RELEASE – Munich, Germany, December 21st, 2023] bitsCrunch, the decentralized AI-powered Web3 analytics network, has announced that the community sale of BCUT – the native utility and governance token for the bitsCrunch network – sold out in 24 minutes, a new record for CoinList. The community sale raised $3.85 million USD and added more than 3,300 unique token holders to the rapidly expanding bitsCrunch community. With over 38,000 unique registrants and participation...
Read More »BetFury Unveils Innovative NFT Lootboxes in Its Expanding NFT Ecosystem
[PRESS RELEASE – Willemstad, Curacao, December 21st, 2023] BetFury has launched its latest innovation – NFT Lootboxes, marking a significant milestone in its NFT ecosystem. These Lootboxes feature a variety of rare NFTs and diverse rewards, offering a unique opportunity for participants in the world of crypto art and gaming. Understanding NFT Lootboxes NFT Lootboxes, inspired by popular gaming mechanics, offer a modern twist with their focus on crypto art as the primary...
Read More »BNB Chain Launches Content Campaign, Offering $10K in Rewards For Creative Technical opBNB Content
[PRESS RELEASE – DUBAI, UAE, December 21st, 2023] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of the ‘opBNB Technical Content Creation Campaign.’ Open to both experienced and junior Web3 developers, Web2 developers, tech enthusiast content creators and key opinion leaders (KOLs), the campaign is designed to encourage the community to showcase their flair for engaging content while...
Read More »Streamr Announces the Start of Testnet 2 for the Decentralized Streamr Network 1.0 – Paving the Way for Next-Gen Data Broadcasting
[PRESS RELEASE – Zug, Switzerland, December 21st, 2023] After the successful launch of Testnet 1, paving the way for the upcoming Streamr Network 1.0 milestone, Streamr is excited to announce the start of Testnet 2! This second incentivized testnet, starting on 21st December and concluding on 8th January 2024, will see a reward pool of 1.5 million DATA tokens (approx. $104k USD as of 21/12/24) available for node Operators to bootstrap a next-generation decentralized data...
Read More »Demand for DVT Sends SSV.Network Past $150M in Staked ETH
Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV. Ethereum stakers are rapidly warming to Distributed Validator Technology, which is becoming a mainstay of the staking landscape. Following its introduction by SSV.Network, staking operators, and validators have been swift to embrace the technology for the benefits it brings in terms of performance and security. $150M is now staked in SSV either directly or through third-party apps...
Read More »US Weekly Job Claims Edge Up Slightly amid Robust Labor Market, GDP in Q3 Increases at 4.9%
The Bureau of Economic Analysis reported that GDP increased at a 4.9% annualized rate in Q3, slightly below the previously reported 5.2% pace. The latest report from the United States Labor Department reveals a marginal increase in weekly jobless claims, with the number rising by 2,000 to 205,000 for the week ending December 16. While this uptick might raise eyebrows, it is important to note that the overall trend remains at historically low levels, indicative of a labor market that has...
Read More »Merit Circle DAO Announces BEAM Investment Partnership with Framework Ventures
The partnership between Framework Ventures and Merit Circle will involve locking up BEAM tokens to receive USDC usable for investments. Gaming and metaverse-focused decentralized autonomous organization (DAO) Merit Circle has announced a partnership with San Francisco-based venture capital firm Framework Ventures. According to the announcement, Merit Circle’s collaboration with Framework will see the latter invest in Merit via BEAM tokens. After the acquisition, BEAM tokens will be sent...
Read More »