In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several collections of Ordinal inscriptions based on Bitcoin are witnessing substantial trading volumes, establishing strong baseline values for these…
The price of smart contract platform Solana (SOL) is up by more than 7% so far today, significantly outperforming other leading digital assets, with Bitcoin’s price dropping 0.5% over the same period and ETH dropping by 0.6%. The price of Solana is up nearly 800% so far this year, and more than 400% over the…
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission. Bitcoin’s share of the overall crypto market capitalization, known as the Bitcoin dominance,…
Leading crypto exchange Binance has revealed the successful integration of 19 new decentralized applications (dApps) onto its Binance Web3 Wallet. The exchange communicated this development via its official blog today. As a result of the new integration, users can now access the dApps directly through the Binance Wallet, simplifying their DeFi and Web3 interactions. The…
The total value locked (TVL) in DeFi has surpassed countries’ GDPs with more than $52 billion invested. Infrastructure layer-1 blockchains are the body of this system, sustaining this value. Meanwhile, decentralized exchanges (DEX) are the hearts that keep the body alive, connecting every asset and protocol. Essentially, a DEX allows cryptocurrency investors to trade…
Supply inflation dynamics have a meaningful impact on cryptocurrency investments. It is crucial to understand cryptocurrencies’ tokenomics to gain a valuable edge over the market. Avalanche (AVAX) has a relevant supply inflation, and Finbold looked into it from a different perspective. Interestingly, we calculated the price AVAX would trade if it ever hits Avalanche’s all-time…
Shiba Inu (SHIB) marketing executive, LucieSHIB has warned members of the community to avoid clicking any link emanating from the X account of its partner Bad Idea AI. As one of the frontline community liaison officers within the Shiba Inu team, sounding the alarm is a proactive way for members of the Shib Army to…
Blockchain security firm Certik has warned OKX Wallet users to update their iOS app after a critical Remote Code Execution (RCE) vulnerability was found in a previous version. Certik wrote on X that using the previous version could lead to the “potential compromise of sensitive data and crypto assets.” It added that OKX “responded swiftly…
BofA Global Research announced on Monday that it expects the US Federal Reserve (FED) to make four interest rate cuts of 25 basis points, starting in March next year. The bank increased its total interest rate cut forecast in 2023 to 100 basis points from the previous estimate of 75 basis points. According to BofA…
Earlier this Monday, Justin Sun, the prominent tech entrepreneur, withdrew 500 billion SHIB tokens, equivalent to $5 million, from Binance, the world’s largest crypto exchange. SHIB is up 0.8% over the past 24 hours. A pattern of large-scale withdrawals This withdrawal is part of a recent pattern of significant transactions by Sun. In the past…
