Luxury fashion brand Gucci has recently unveiled an exciting rewards program for individuals holding its Gucci Vault Material NFTs. The company aims to offer two highly sought-after physical items – a wallet or a bag – exclusively to lucky NFT holders. These unique items will not be available to Gucci’s regular customers, making them highly
In the recent episode of “The Market Report,” Marcel Pechman, an analyst and writer, delves into the Worldcoin token launch, highlighting its controversies and distinguishing features from other altcoins. Pechman advises potential investors to thoroughly comprehend the project before considering any investments. Examining the tokenomics of the Worldcoin token, which was launched on July 24,
Stuart Alderoty, Chief Legal Officer (CLO) of Ripple, recently spoke about the potential impact of a ruling on the securities status of the XRP token. This ruling, which favored Ripple in mid-July, could have significant implications for two ongoing cases initiated by the U.S. Securities and Exchange Commission (SEC) against Coinbase and Binance. Alderoty expressed
Ducati, the renowned motorcycle brand, has recently announced a significant shift towards the digital world by partnering with Web3 Pro, a leading corporate white-label NFT solution. This collaboration highlights Ducati’s commitment to enhancing fan experiences through digital innovations. By leveraging Ripple’s blockchain technology, specifically the XRP Ledger, Ducati aims to roll out various Web3 activities
Maker, a cryptocurrency, has experienced a remarkable surge of 53.5% over the past month, with a significant 28.1% increase between July 15 and July 22, resulting in its highest daily close in almost a year. However, the question arises: Can Maker maintain its current trajectory or were short-term factors responsible for the price pump? In
Bybit, in collaboration with Oracle Red Bull Racing and a group of talented digital artists, has introduced the Velocity Series. This innovative project combines art, racing, and technology to create distinctive digital collectibles inspired by the telemetry and racing data from the dominating RB19 car in Formula 1. The Velocity Series is the first-ever collaboration
Burn Kenny, a meme coin inspired by the popular TV show South Park, experienced a significant surge in its token price on its launch day, reaching an intraday high of $0.0002987. This resulted in presale buyers enjoying initial gains of 60%. Although the token’s price has since consolidated, it continues to attract bullish sentiment due
Disgraced FTX founder Sam Bankman-Fried (SBF) may be subjected to a gag order, preventing him from making any public statements concerning FTX and the individuals involved in the legal case, according to Reuters. Judge Lewis Kaplan is expected to decide whether this gag order is necessary during a hearing scheduled for July 26. SBF has
Stellar (XLM) has experienced a substantial increase in its price, rising by approximately 60% since the recent court ruling in favor of Ripple against the U.S. Securities and Exchange Commission (SEC) on July 13. Despite this growth, the token’s value remains around 20% lower than its previous peak of $0.195, currently trading at approximately $0.154
Wall Street Memes (WSM) is rapidly approaching the $17 million mark in its presale, as investors continue to pour funds into this promising meme coin. Despite launching less than eight weeks ago, the project has generated significant excitement and fear of missing out (FOMO) within the crypto community. With one of the largest and most
The United States Securities and Exchange Commission (SEC) is currently reviewing six spot Bitcoin exchange-traded fund (ETF) applications, which could potentially lead to their approval or rejection. This news has generated excitement in the crypto space, especially with the involvement of finance giants such as BlackRock and Fidelity Digital Assets. Formal Acknowledgment of Applications According
Renowned author Nassim Nicholas Taleb, known for his critical stance on cryptocurrencies, recently expressed his belief that the allure of digital assets is waning as young individuals divert their attention towards Artificial Intelligence (AI). In a series of tweets, Taleb argued that the crypto hype is “starting to peter out” due to the emerging fascination
PROOF, the team behind the popular Moonbirds PFP collection, is now launching a new generative series called Mythics. This project offers an exceptional minting experience that takes their dedicated community on an explorative journey into the Moonbirds universe. The Mythics project was revealed in August 2022, coinciding with a $50 million Series A funding round
When Arkham Intelligence’s cryptocurrency, $ARKM, made its debut on July 18 at a price of $0.75, it was met with enthusiasm and quickly reached a high of $1.05004. However, since then, $ARKM has faced challenges in sustaining its bullish momentum and is currently trading at $0.5962, reflecting a 7.5% decline today. Analyzing the hourly Exponential
Numerous cryptocurrency advocacy groups, including CoinCenter, have expressed their disapproval of a Senate bill that seeks to enforce stringent regulations on individuals involved in decentralized finance (DeFi). The proposed legislation, known as the Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE), aims to hold DeFi platform operators and major stakeholders accountable for any illicit activities
According to a recent report from CryptoQuant, Ripple’s landmark victory in its lawsuit against the U.S. Securities and Exchange Commission (SEC) has potentially initiated a bull market for neighboring altcoins. The crypto market intelligence firm has provided data indicating a surge in altcoin market activity over the past week, compared to the relatively stagnant Bitcoin
In a recent episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Ripple’s legal battle with the Securities and Exchange Commission (SEC) and the implications it has had on the cryptocurrency market. While initial reactions to the news caused a surge in altcoin trading, the gains were short-lived as investors began to process
Meme coins have once again gained momentum on top decentralized exchanges (DEXs) like Uniswap. Today’s market has already witnessed impressive pumps for feel-good projects such as $HOPPY, $WOLF, and $POP. After a strong year for the meme coin vertical, straight-to-DEX token launches have experienced a renaissance. DEXtools, a leading DeFi trading app, provides insights into
Societe Generale’s cryptocurrency arm, SG Forge, has made history by becoming the first company to receive a regulatory license as a Digital Asset Service Provider from the French Financial Markets Authority (AMF). This license, known as the DASP license, is the highest level of regulatory certification available for digital asset activities. While there are currently
In the second quarter of 2023, Bitcoin’s performance stood out as its market dominance increased in comparison to altcoins, which experienced significant losses. According to CoinGecko’s industry report released on July 18, Bitcoin (BTC) and Ether (ETH) continued to build upon their gains from the previous quarter. However, other cryptocurrencies like Binance Coin (BNB), XRP
Fidelity Digital Assets recently published their “Q2 2023 Signals Report,” expressing a positive outlook for Ether (ETH) in the next 12 months and the long term. While Ether has already gained 62% year-to-date, the investment firm’s bullish stance does not necessarily imply that the ongoing bullish trend will be sustained. To determine the accuracy of
Futureverse, a leading company in the metaverse industry, has announced the successful closure of a $54 million Series A funding round. This funding round saw significant participation from 10T Holdings, LLC (“10T”) and Ripple, showcasing strong support for Futureverse’s innovative vision. The company’s mission is to empower developers and users to create and interact with
Mahe, Seychelles, July 18th, 2023 – In an exciting development, the highly sought-after token $TET, which has been performing exceptionally well on Uniswap, has now been listed on the prestigious MEXC Exchange. This listing marks a significant milestone for the Tectum project and introduces a range of thrilling prospects for investors and traders across the
TaxNodes, a platform that calculates taxes on cryptocurrency profits and facilitates Income Tax Return (ITR) filing, is taking a groundbreaking step. They have announced an initiative to provide complimentary Non-Fungible Tokens (NFTs) to all eligible customers who file their ITR for crypto gains through their platform in India. This move aims to express gratitude towards
Blockchain analytics company IntoTheBlock has analyzed on-chain data and found that approximately 29% of all circulating bitcoins (BTC) have not been moved for more than five years. This significant portion of unmoved assets could potentially represent lost coins, according to analysts at IntoTheBlock. Their findings align with a recent report from crypto exchange Bitfinex, which
Bitcoin (BTC) showed resilience as it held the $30,000 support level on July 17, despite observers predicting a potential drop. The lack of volatility in BTC/USD over the weekend indicated a stagnant market with no significant catalysts for change in risk assets. On-chain monitoring resource Material Indicators described the current state as a battle between
ZkSync Era, a popular Ethereum layer-2 scaling solution, has recently introduced a groundbreaking proof system called Boojum. This system is based on the Scalable Transparent Argument of Knowledge (STARK) and is designed to operate on consumer-grade general processing units (GPUs). Boojum aims to enhance the efficiency and accessibility of Ethereum scaling protocols by leveraging zero-knowledge