The NFT trading space experienced a significant surge in volumes during the first quarter of 2024, reaching a total of $4.7 billion across the top 10 marketplaces. Blur, the leading NFT marketplace, maintained its stronghold with $1.5 billion in volume and a market share of 27.6%. However, Magic Eden emerged as a major competitor, surpassing
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Ethereum has been on a rollercoaster ride lately, experiencing a rapid downturn that has left many investors worried. However, all hope is not lost as the cryptocurrency has found support in a substantial zone that includes the 100-day moving average and a critical price range between the 0.5 and 0.618 Fibonacci levels. This support zone
Michael Saylor, the founder of MicroStrategy, has been actively selling off shares of his brainchild over the past several months. As part of a stock-sale agreement entered into last year, Saylor has the authorization to unload up to 400,000 shares until April of this year. So far, he has successfully cashed in 370,000 shares, totaling
The past month has seen ADA, the native token of the Cardano network, facing a decline of 18.77%, making it one of the many cryptocurrencies affected by the overall market downturn triggered by Bitcoin’s price fluctuations. Despite ADA’s struggles, crypto analyst Ali Martinez has expressed confidence in the coin’s ability to bounce back. Martinez’s optimistic
As the Bitcoin Halving event is set to take place between April 20, Bitcoin’s market movement has been less pronounced, with the asset currently priced at $64,578. Analyst Rekt Capital has pointed out that historically, Bitcoin tends to reach its peak in the bull market between 518 and 546 days after a Halving event. Based
Bitcoin’s fourth halving recently occurred, reducing the Bitcoin block reward from 6.25 BTC to 3.125 BTC. This event is anticipated every four years and has significant implications for the cryptocurrency industry. The daily issuance of Bitcoin has now been cut in half, standing at around 450 Bitcoin compared to the previous approximately 900. This reduction
HashKey Exchange, a crypto trading platform based in Hong Kong, recently announced its decision to cease support for Binance-related transactions. The exchange stated that starting May 10, it will restrict deposits from Binance and by May 17, it will no longer support virtual asset withdrawals to Binance-hosted wallet addresses. This move comes as a result
The recent incident involving the FTX exchange emptying its FTT treasury account has raised significant concerns within the crypto community. The transferred assets from the FTT Treasury wallet include a substantial amount of FTT tokens, ETH, and JOE tokens, totaling hundreds of millions of dollars. This move has drastically reduced the balance of the Treasury
The landscape of scientific publishing is undergoing a significant transformation with the emergence of blockchain technology. Traditional gatekeepers who have long benefitted from the work of scientists are now being challenged by the decentralized nature of blockchain. This shift has the potential to create a more equitable distribution of resources and knowledge within the scientific
In a recent interview, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, made a compelling forecast regarding the future price of Bitcoin. He suggested that following the upcoming halving event, Bitcoin could potentially soar to $200,000. This prediction comes amidst a period of significant volatility in the cryptocurrency markets, fueled by geopolitical tensions
