Since its successful airdrop, Dymension Network’s native token DYM has experienced a significant increase in price. However, amidst technical difficulties and a potential double-topped rejection pattern, the future of DYM remains uncertain. This article will analyze the current price trends of DYM and explore whether Meme Kombat, a newer meme coin, offers a more promising
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Cryptocurrency scams have become increasingly common, with scammers preying on unsuspecting victims’ desire to enter the lucrative world of digital assets. Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have issued a public warning about a fraudulent entity impostering the legitimate crypto exchange MEXC Global. This article will delve into the details
The Smog Token (SMOG) has had a sensational start in the crypto markets, with a resounding success as it enters the Year of the Dragon. In just 24 hours, SMOG’s price skyrocketed, fueling a major 134% price pump and reaching an impressive market cap of $37M. As the Chinese New Year approaches, the Smog development
Investors with a hunger for higher risk have been increasingly exploring the market of smaller-cap altcoins in search of the best cryptocurrency to buy today. Bitcoin’s recent surge towards the $48,000 mark has sparked a widespread rally in the cryptocurrency market, with other coins also experiencing notable gains. In this article, we will delve into
The crypto market has witnessed a staggering 250% increase in the total assets under custodial accounts in the last four months. This significant growth can be attributed to various factors, such as the hype surrounding the spot Bitcoin exchange-traded fund (ETF) and the overall performance of the crypto market. The anticipation of a bull run
During her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee, Treasury Secretary Janet Yellen made a compelling case for stricter regulatory measures in the world of cryptocurrencies and emphasized the importance of vigilance when deploying artificial intelligence (AI) in financial services. With the growing complexity and potential risks within the digital asset
Bitcoin experienced a significant breakthrough on February 9th as it surged past the $46,000 mark. This breakthrough came after overcoming a major resistance level at $44,000, which had been impeding price increases ever since the introduction of spot Bitcoin ETFs in the United States four weeks earlier. The leading cryptocurrency reached its highest point in
As the Lunar New Year approaches and the world gears up to celebrate the start of the Year of the Wood Dragon, there is a sense of anticipation and excitement in the air. This particular Lunar New Year holds a special allure, thanks to the enigmatic MetaStones DAO. In honor of the Year of the
Cardano (ADA) has recently experienced a surge in trading activity, with a notable increase of over 7% on Thursday. The blue-chip coin is currently being exchanged at $0.53. This upward movement comes after a tumultuous period of price action in January, where the coin faced significant volatility. Among the factors that could potentially determine ADA’s
Bitcoin (BTC) has recently achieved a significant milestone in its trading history. On January 11, the spot ETFs made their debut, and for the first time since then, Bitcoin has surpassed the $46,000 mark. This surge signifies a positive trend for the cryptocurrency, which has seen its fair share of challenges in 2024. Despite its
Blockchain technology has opened up exciting opportunities in various industries, and the gaming world is no exception. Binance, one of the leading cryptocurrency exchanges, is launching a staking campaign through its Launchpool feature. This campaign aims to reward participants with up to 350 million PIXEL tokens, the native token of the popular crypto game Pixels,
Prometheum, an alternative trading platform for crypto securities assets, recently made waves with the announcement of its custodial services for Ethereum (ETH). The company’s strategy, according to Fortune Magazine, is to compel regulators, notably the Securities and Exchange Commission (SEC), to recognize Ethereum as a security. By positioning itself as a compliant player in the
The gaming industry has witnessed a revolution with the advent of blockchain technology. One of the most popular play-to-earn NFT games, Axie Infinity, has been instrumental in showcasing the potential of this technology. Now, Sky Mavis, the creator of Axie Infinity, has announced a groundbreaking collaboration with GMonsters and MIXI, further expanding the reach and
Ethereum staking has defied market expectations, experiencing significant growth despite the underwhelming performance of ETH price over the past year. Liquid staking protocols like Lido Finance have witnessed a steady increase in the amount of ETH being staked, resulting in a new all-time high for the total locked supply. An intriguing development reveals that the
The price predictions for Bitcoin by Tom Dunleavy, Partner and CIO at MV Capital, have raised eyebrows in the crypto community. Dunleavy believes that Bitcoin will hit $100,000 soon, and he attributes this prediction to the Bitcoin Halving event. According to Dunleavy, Bitcoin’s price usually experiences at least a 4x increase after the Halving. While
As the Ethereum price surpasses the $2,400 barrier, on-chain data reveals a bullish signal for the cryptocurrency. A recent analysis of the Ethereum price and exchange netflow indicator highlights an interesting relationship. The exchange netflow metric calculates the net amount of Ethereum entering or exiting centralized exchange wallets by subtracting outflows from inflows. A positive
In the past 24 hours, Bittensor token, TAO, has experienced a significant drop of -17%. This has caused panic among TAO holders, who are now questioning the stability of Bittensor. The plummet in TAO price coincides with a period of substantial growth within the Bittensor ecosystem, leading some to speculate that the price decline is
The Bank for International Settlements (BIS) has recently issued a warning about the potential risks of fragmentation and dominance by private firms within the nascent metaverse. The BIS emphasizes the crucial role of public policies in safeguarding the future of this digital ecosystem. In their comprehensive report published on February 7th, the watchdog highlights how
Cardano’s price has been experiencing some intriguing developments recently. The fluctuations in price and market volume have caught the attention of investors and traders alike. In this article, we will delve into the technical signals, price patterns, and market predictions surrounding Cardano (ADA). Flashing Technical Signals One of the notable technical signals on Cardano’s chart
Bitcoin (BTC) has defied recent bearish sentiment and has come back stronger than ever. On Wednesday, the leading cryptocurrency surged past $44,000 and reached a four-week high, inching closer to the prestigious $45K mark. This remarkable resurgence can be attributed to various factors, including increased accumulation by major investors, record-breaking levels in US equity markets,
Space Nation, a leading video game developer based in Los Angeles, has been making waves in the gaming industry with its highly anticipated MMO game. Unlike any other game on the market, Space Nation Online promises an immersive and personalized gaming experience by leveraging the power of generative AI and Web3 elements. Founded in 2019
The joint application for a spot Ethereum exchange-traded fund (ETF) by Ark Invest and 21Shares has undergone significant amendments, as highlighted in a recent S-1 filing. The changes primarily focus on the creation and redemption process, limiting it to cash-based transactions rather than in-kind exchanges involving ETH. This article delves into the implications of this
In the midst of the US trading session, blue-chip crypto markets are experiencing upward movement. Bitcoin (BTC) has surged to new one-week highs in the $43,600s and is now eyeing a breakthrough of the $44,000 resistance level. Ether (ETH) has also made significant gains, crossing the $2,400 mark for the first time in over two
Cardano (ADA) has recently been experiencing a stagnant price, but beneath the surface, the Cardano blockchain is witnessing tremendous activity. Transaction volumes and wallet addresses are on the rise, indicating a growing interest and adoption of the network. This surge in activity has garnered attention and analysis as experts assess the potential for Cardano’s price
Ethereum (ETH) is taking significant steps forward in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This upgrade holds great promise for the Ethereum network, as it aims to enhance transaction efficiency, scalability, and reduce transaction fees by up to 90%. With these advancements, Ethereum has experienced
Chainlink’s LINK token has experienced a significant surge in value since late January, reaching a 24-month peak and achieving a market cap of $10 billion. This recent surge has been attributed to various factors, including the accumulation of tokens by crypto whales and increased activity in the derivatives market. In recent days, crypto whales have
Bitcoin, the world’s most popular cryptocurrency, has been in a stagnant phase since mid-January. After the price broke out of an upward channel, it has been moving sideways, hovering around the same price level as on January 13. However, this period of dullness may soon come to an end, as the Bollinger Band Width (BBW)