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Mastercard has recently introduced the limited-edition Mastercard Music Pass NFT as part of its Artist Accelerator program. This program is designed to provide support and resources to up-and-coming musicians by leveraging cutting-edge technology and tools to enhance their music creation, marketing, and monetization skills. The pass offers exclusive access to concert tickets, content, and advanced
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The cryptocurrency market is always subject to volatility, and Bitcoin is no exception. Recently, crypto analyst DonAlt has raised concerns about a potential price drop for Bitcoin, suggesting that the price could plummet to as low as the mid-$40,000 range. He believes that this price breakdown might be necessary for the continuation of BTC’s bull
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Ethereum (ETH), the second-largest crypto token by market cap, experienced a significant rise to $3,300 over the weekend, signaling a potential trend reversal. Analysts pointed out several bullish signals on Ethereum’s charts, indicating a positive shift in its trajectory. Derek, a crypto analyst, highlighted the Moving Average Convergence/Divergence (MACD) indicator, suggesting that the decline has
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In today’s volatile cryptocurrency market, Bonk (BONK) experienced an 8% decline, which was significant compared to the minor losses of Bitcoin (BTC) and Ethereum (ETH). This drop reflects a broader market pullback that has affected meme coins more heavily than established cryptocurrencies. While Bitcoin only dropped 2.3% and Ethereum dipped 4.3%, meme coins like Dogecoin
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The recent price drop of Bitcoin, more than 15% down from its mid-March peak, has brought the cryptocurrency to a ten-day low of under $62,000 on Monday morning. Analysts from ‘Stockmoney Lizards’ noted that the halving has passed, yet Bitcoin continues to show a trend of red candles, signaling a correction phase. They predict a
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Following the recent halving event, Bitcoin saw a drop in price to $62,500, causing concern among investors. Despite this dip, analysts are predicting a potential rally in the near future. This optimism is fueled by the increasing involvement of financial institutions in the crypto market and historical trends that suggest a resurgence after halving events.
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Google Cloud, a prominent cloud computing service provider, recently unveiled its new Web3 portal targeting blockchain developers. This portal is designed to assist developers in creating non-fungible tokens (NFTs) and decentralized applications (DApps) by offering various resources and support. While the introduction of the Web3 portal was met with enthusiasm by many, there were mixed
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Cryptocurrency decentralized finance platforms have been garnering increased regulatory attention, with the SEC recently taking action against Uniswap for alleged violations of federal securities laws. This crackdown highlights the growing concerns surrounding DeFi and its compliance with regulatory frameworks. The SEC’s Wells notice to Uniswap alleges that certain tokens traded on the platform constitute investment
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The recent surge in trading activity on the Bitcoin network has caught the attention of many investors and analysts. While the halving event did bring a lot of focus to Bitcoin, the increase in transactions can be primarily attributed to the introduction of the Runes token standard. On-chain data from IntoTheBlock shows a significant rise
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Institutional investors in Canada have significantly increased their exposure to cryptocurrency assets in the past year compared to the previous bull market cycle. A recent survey conducted by accounting firm KPMG shed light on this growing trend among institutional investors. The consulting group’s bi-annual survey, titled “Institutional Adoption of Cryptoassets,” received responses from 65 participants,
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In recent times, the meme coin sector has seen significant growth, with popular tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) leading the pack. Newer tokens such as dogwifhat (WIF) and Pepe (PEPE) are also gaining traction within the community. This surge in popularity has caused the overall market capitalization of meme coins to exceed
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Cryptocurrency expert Peter Brandt has recently made a bold claim that the Bitcoin top for this market cycle may have already been reached. He based this conclusion on his “exponential decay” thesis, suggesting that historical data indicates Bitcoin’s price has peaked. Brandt noted that Bitcoin’s percentage gain has diminished in each consecutive bull cycle, with
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Verasity, a pioneering ad-tech company and the creator of the $VRA token, has recently unveiled an exciting collaboration with Creo Engine, a rapidly growing web3 gaming platform. This partnership aims to integrate VeraViews’ innovative video player features and in-game rewards into Creo Play’s extensive gaming library. The CEO of Verasity, RJ Mark, emphasized the significance
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The Bitcoin network recently achieved a significant milestone with its daily transactions hitting a record high of 927,000. This surpasses the previous record of 724,000 set back in December 2023, showcasing the increasing adoption and utility of cryptocurrencies. The introduction of Runes, a new token standard on the Bitcoin blockchain, played a pivotal role in
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The realm of digital collectibles is undergoing a transformative shift, as augmented reality (AR) technology is being integrated into Non-Fungible Tokens (NFTs) on the Bitcoin blockchain. This innovative approach, exemplified by projects like Jade ARdinals, is bridging the gap between the digital and physical worlds, offering a slew of new possibilities for NFT enthusiasts. ARdinals
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Ethereum withdrawals from centralized exchanges have been on the rise over the past week, indicating a shift in investor sentiment. The significant amount of ETH being withdrawn suggests that investors are taking steps to secure their positions in anticipation of better price prospects. This trend has been highlighted by the actions of Ethereum investors as
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US Senators Elizabeth Warren and Bill Cassidy have taken a bipartisan stand against the use of cryptocurrency in the illegal trade of child sexual abuse material (CSAM). In a letter addressed to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas, the senators highlighted the pseudonymity of cryptocurrencies as a critical factor enabling
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