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 has been abuzz with the exponential rise of Nezuko Cat (NEZUKO), a cat-themed Solana meme coin that has surged by a staggering +8,000% overnight. Retail investors have been quick to jump on the bandwagon, attracted by the project’s unique tokenomics that include ongoing NEZUKO token buy-backs. Currently trading at a market price
The recent launch of the Motoko Sentinels collection on Bioniq Marketplace just before the Bitcoin Halving has garnered significant attention in the NFT space. This collection has showcased the advantages of ordinal collections in a high Bitcoin fee environment, offering unique features for NFT holders to interact and engage with their collectibles. Despite a decrease
Layer 2 tokens, including Optimism (OP), have experienced a significant downturn in the last 24 hours due to a general market pullback. Optimism currently trades at $2.39, representing a 4% decrease. This pullback has affected other Layer 2 solutions as well, with tokens like Polygon (MATIC), Stacks (STX), Mantle (MNTL), and Arbitrum (ARB) all experiencing
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
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
The recent analysis by Santiment has shed light on the significant drop in transaction fees for Ethereum, the world’s second-largest cryptocurrency. This drop, with an average transaction fee as low as $1.12, has sparked discussions within the crypto community. Transaction fees serve as a fascinating window into the collective mood of the crypto market, providing
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
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
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.
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
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
In early 2021, Yuga Labs burst onto the scene with its groundbreaking Bored Ape Yacht Club NFT project on Ethereum. The company’s meteoric rise was solidified with a peak valuation of $4 billion and a successful $450 million funding round in 2022. However, despite these achievements, Yuga Labs recently announced a significant restructuring initiative that
The recent CryptoQuant report has shown a significant drop in the portion of Bitcoin miner revenue generated from transaction fees. After reaching a peak of 75% on April 19, transaction fees now only account for 35% of total miner revenue. This decline comes after the most recent halving event, which saw miner block rewards cut
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
The latest on-chain data suggests that the Bitcoin network may be facing a period of reduced high-value transactions, leading to a decline in market activity. This decline seems to be reflected in the price of Bitcoin, which has been struggling to break out of consolidation over the past few weeks. With the price of BTC
Upbit, a prominent cryptocurrency platform in South Korea, has been at the center of attention due to its significant role in the country’s trading activities. With over 80% of South Korea’s trading volume, Upbit has established itself as one of the top five exchanges globally. However, recent developments in cryptocurrency regulations in South Korea have
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,
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
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
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
There has been a recent buzz in the cryptocurrency world regarding a deep learning model that projects a significant price increase for Bitcoin (BTC) in the upcoming month. The model, developed by CryptoQuant, is based on a vast dataset of historical price movements and on-chain activity. It predicts that Bitcoin could skyrocket past the $77,000
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
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
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
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
The latest buzz in the crypto market revolves around SPACEX, a new token launch by a dedicated Elon Musk enthusiast and developer. With the success of introducing multi-chain versions for ELON and TESSLA tokens, SPACEX is now ready to colonize Mars, according to a tweet from the developer. The price action of SPACEX has seen