In the fast-paced world of cryptocurrency, there is a rising trend that has captured the attention of many – airdrops. These airdrops involve the distribution of free tokens or coins by blockchain projects to potential investors and users as a means of garnering interest and promoting their project. The Nifty Island Airdrop is one such
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The recent performance of the Bitcoin price has been quite turbulent, with a significant drop below $52,000. However, amidst this volatility, there are still indicators suggesting a potential continuation of the bullish trend. Crypto analyst Tony The Bull has conducted an in-depth analysis of the Bitcoin chart, identifying a crucial trend that could potentially push
Recently, Coinbase International Exchange, based in Bermuda, has reached a milestone of $1 billion in daily volume. CEO Brian Armstrong shared this news, highlighting the exchange’s growth in offering crypto perpetual futures trading to professional non-US traders. The decision to establish the exchange outside of the United States was influenced by the ongoing regulatory challenges
A recent spike in Bitcoin’s price to $53,000 has brought about significant volatility in the cryptocurrency space. Despite this surge, the value of Bitcoin has seen notable declines, leaving many investors uncertain about the future direction of the market. Prominent crypto analyst Michael van de Poppe has maintained an optimistic outlook on Bitcoin’s price, even
Cryptocurrencies have been experiencing a market pullback recently after some significant gains. This has prompted investors to look beyond the major players like Bitcoin and Ethereum and explore the potential opportunities in the altcoin market. With Bitcoin trading around $51,000 and Ethereum near $2,900, investors are now turning their attention to smaller altcoins that show
Ladan Stewart, a prominent member of the US Securities and Exchange Commission’s legal team, recently made the decision to step down from her role at the agency to join a pro-crypto law firm, as reported by Bloomberg Law on February 21st. Stewart, who previously served as Regional Trial Counsel in the SEC’s Crypto Assets and
In the volatile world of cryptocurrency, the allure of quick gains can be irresistible. As major cryptocurrencies experience profit-taking after significant increases, many investors turn to the on-chain micro-cap shitcoin and meme coin markets in search of the next big winner. With Bitcoin down over 2.5% and Ether experiencing losses of around 3.5%, the hunt
The recent price action of Bitcoin has caused some speculation within the crypto community about the possibility of an impending altcoin season. This period is characterized by other cryptocurrencies outperforming Bitcoin in terms of price movement. Several analysts have shared their insights and observations that suggest altcoins may be gearing up for a significant run
MetaMask has recently announced the expansion of its Security Alerts feature, which will now serve as the default transaction alert system for Extension and Mobile users across a variety of blockchain networks. Developed in collaboration with Blockaid, this enhancement aims to provide an additional layer of privacy while also offering essential scam alerts to users.
In a recent interview with Coin Bureau, Bitcoin millionaire Arthur Hayes did not shy away from expressing his strong opinions about Cardanto (ADA). Hayes criticized the network for trying to emulate Ethereum and referred to it as a “wannabe Ethereum.” He warned investors to be cautious of altcoins, labeling them as projects that are all
Bitcoin’s price has recently reached a high of $52,000 over the course of two years, but it appears to have hit a roadblock. Although it is currently trading below this significant mark, the overall sentiment in the market remains positive. Long-term holders of Bitcoin have been observed to be selling approximately 200,000 BTC from their
Nigeria’s President Bola Tinubu’s special adviser, Bayo Onanuga, recently criticized Binance for allegedly setting exchange rates in the country. Onanuga accused the platform of meddling with the Central Bank of Nigeria’s (CBN) role in determining currency values. This accusation has sparked a debate around the role of cryptocurrency exchanges in Nigeria’s financial ecosystem. In response
Pudgy Penguins recently announced the expansion of their partnership with retail giant Walmart. This collaboration is set to bring Pudgy Toys and exclusive collectibles to 1,100 new Walmart locations, marking a significant milestone in their joint venture. The latest development in the partnership will see Pudgy Toys’ presence increase to a total of 3,100 Walmart
The VanEck Bitcoin exchange-traded fund (ETF) saw a remarkable development on Tuesday, as its daily trading volume exceeded $258 million. This represented a staggering 14-fold increase from the previous day. Although this achievement was significant, VanEck’s ETF has struggled to keep up with the trading volumes observed in other popular ETFs like BlackRock, Fidelity, and
Bitcoin recently went through a retracement after reaching a high of $53,000 on February 20. Despite this dip, Bitcoin whales have remained unfazed and have actually taken advantage of the situation to accumulate more of the leading digital asset. According to Ki Young Ju, the founder and CEO of Crypto Quant, inflows into accumulation addresses
In recent years, there has been a significant decline in the volume of Bitcoin stored in exchange wallets, signaling a notable shift in investor behavior. This change is particularly evident since mid-March 2020, when over 17% of Bitcoin’s total supply was housed on exchanges, marking a record high. Despite Bitcoin’s 2021 bull run, which saw
In the fast-paced world of cryptocurrencies, Ethereum has captured the attention of investors worldwide, especially with Michaël van de Poppe’s bold prediction. Van de Poppe, the CEO of MN Trading, has projected an impressive climb for Ethereum, foreseeing a potential surge in the range of $3,800 to $4,500. This optimistic outlook is supported by Ethereum’s
Cryptocurrency exchange Backpack, founded by former FTX executives, has recently announced its expansion to 11 US states amidst increasing global regulations. The company’s CEO, Armani Ferrante, expressed determination to establish Backpack’s presence in the US gradually and diligently. In the announcement made on social media, Backpack revealed its availability to residents in states such as
The recent surge in Ethereum’s price, crossing the $3,000 threshold, has grabbed the attention of the crypto community. However, amidst the celebrations, Fred Krueger, a prominent Bitcoin ETF expert, has raised doubts about the true value of ETH. Krueger, a Wall Street veteran, took to social media to express his skepticism, stating that “ETH is
The recent surge in popularity of NFTs has paved the way for innovation in various industries, including the ticketing sector. One such groundbreaking development is the partnership between Sports Illustrated and Avalanche, resulting in the launch of Box Office – a platform that aims to revolutionize the way tickets are bought and sold. By leveraging
Coinbase’s non-US exchange achieved a significant milestone on Feb. 20, surpassing $1 billion in daily trading volume. The exchange, known as Coinbase International Exchange, announced that their perpetual futures trading had reached this remarkable mark within a 24-hour period. This achievement was lauded by Coinbase CEO Brian Armstrong, who highlighted that it was the first
Recently, the Hong Kong Monetary Authority (HKMA) introduced comprehensive regulatory standards for the sale and distribution of tokenized financial products by authorized institutions. The main goal of these standards is to promote innovation while also protecting consumers within the expanding field of tokenization, where real-world assets are represented digitally using distributed ledger technology. The guidelines
Bernstein, a global asset management firm, recently expressed confidence in the potential approval of an Ethereum Spot ETF by the United States Securities and Exchange Commission (SEC). Analysts from Bernstein, Gautam Chhugani and Mahika Sapra, identified Ethereum as the frontrunner for an ETF approval after Bitcoin. Despite the SEC’s historical reluctance towards cryptocurrency ETFs, the
Wall Street Memes has recently launched a major new burn mechanism that is set to have a significant impact on the dynamics of its $WSM token. This new development marks a departure from the original plan of a 10% buyback of Net Gaming Revenue, with the burn mechanism now applying to 100% of $WSM Net
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” Recent
A recent sale of a complete set of 10 Autoglyphs has taken the blockchain and art communities by storm. This groundbreaking transaction, amounting to a remarkable 5,000 ETH (equivalent to approximately $14.6 million), has made history as the highest NFT sale in the past two years and the fifth-largest on-chain purchase ever. The Autoglyphs, introduced
Cryptocurrency wallets play a crucial role in ensuring the security and accessibility of users’ digital assets. With the increasing popularity of crypto investments, the demand for reliable and trusted wallet apps has also grown. However, not all wallet apps can be trusted, as highlighted by the recent case of the fake Rabby Wallet on the