Markets

As the crypto market buzzes with the anticipation of the Memeinator listing today, scepticism persists due to the recent instability in market entries similar to Retik. In sharp contrast, BlockDAG has demonstrated remarkable growth, successfully raising $36 million through its presale, highlighted by a major keynote event at Shibuya Crossing. This event showcased BlockDAG’s advanced mining technology. It confirmed its strong market position by generating $2.8 million from mining rig sales,...

The fluctuating crypto market has investors eyeing three key coins—Solana (SOL), Litecoin (LTC), and BlockDAG (BDAG). Solana might face downward trends but holds the potential for big gains with a possible Solana ETF approval. Litecoin exhibits strong bullish signals due to solid fundamentals and positive on-chain metrics. Yet, BlockDAG’s recent roadmap updates, Ethereum Virtual Machine (EVM) integration, and user-friendly features make it an attractive choice. Its successful presale and...

Leveraging the capabilities of Chainlink CCIP, DTCC’s Smart NAV pilot represents a significant advancement in blockchain application, boosting data interoperability across various platforms. At the same time, Ethereum’s market presence is being bolstered by the approval of Ethereum ETFs.  Yet, the real star is BlockDAG, whose recent keynote at Shibuya Crossing has driven its presale to an impressive $36 million and sparked $2.83 million in mining rig sales. With a price of $0.0095, BlockDAG...

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly dropped from 7% in March to 6.07% this month. The fall was due to crypto assets recovering in price after...

This year saw an explosion of meme coin launches, many of which have questionable ties. In fact, Lookonchain’s data effectively highlights the perils of trading meme coins, especially those endorsed by celebrities, with the latest spotlight on American celebrity Caitlyn Jenner’s JENNER, which was launched on the Solana blockchain. JENNER Memecoin Pitfall Despite several market participants questioning the legitimacy of the token, some traders still went on to buy and trade...

Blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a cryptocurrency whale. According to Nansen, a crypto wallet reportedly owned by DBS Bank holds 173,753 Ether (ETH), valued at around $650 million at the current market price. DBS Sitting on a $200M Profit? Nansen’s analysis states that the address, flagged on May 30, has already generated a paper profit of $200 million from its Ether holdings. We’ve identified this...

TL;DR Shiba Inu (SHIB) experienced a significant price spike earlier this week, briefly surpassing Cardano (ADA) in market cap and becoming a top trend in the crypto community. However, its price soon dropped amid an overall market correction. SHIB’s Latest Achievement The price of Shiba Inu (SHIB) spiked by double digits on May 29, turning into one of the best performers in the sector. Its market cap temporarily crossed the $17 billion mark, and the asset briefly flipped...

An encouraging bullish technical indicator has been displayed by Shiba Inu (SHIB), suggesting that the cryptocurrency may rise in the future. Algotech and FLOKI, on the other hand, are driving market gains and drawing in investors with large price increases.  These events underscore a dynamic time in the cryptocurrency space, when momentum is driven by creative enterprises and astute indications. The attention of investors is still on these movements and how these digital assets will perform...

The realm of innovation often steals the limelight, and within this space, both Ethereum Classic and Reserve Rights have registered appreciable gains, demonstrating solid market potential. Amidst these developments, BlockDAG distinguishes itself by leveraging breakthrough Shibuya presentations and pioneering mining technology, transcending conventional market expectations. While Ethereum Classic consolidates its position by introducing a new stablecoin, and Aptos targets ambitious valuations,...

BlockDAG (BDAG) is transforming the cryptocurrency market with its innovative new dashboard. The enhanced dashboard is designed to offer users powerful features like rank tracking, real-time wallet balances, and a comprehensive leaderboard preview, all of which aim to help investors manage their crypto assets more effectively.  The release of this advanced dashboard comes at a time of significant market activity, including a notable increase in Dogecoin (DOGE) transactions and a growing...