ERC404, the latest token standard in the blockchain world, is making waves with its unique combination of features from both ERC20 and ERC721 standards. Since its introduction, the crypto community has shown great interest in this experimental standard, leading to an astonishing $87 million in trading volume on decentralized exchanges within the first week alone.
The cryptocurrency market has always been volatile, but the recent rally of newcomer meme coin Sponge has caught many by surprise. After its $SPONGE V2 relaunch on Polygon, the token has seen a staggering 69% increase in the last 24 hours, currently trading at $0.000932. For early investors who bought in at the initial launch
Institutional investors continue to flock towards the world of digital assets, with Bitcoin and Solana leading the way in terms of institutional inflows. According to a recent CoinShares report, Bitcoin witnessed a staggering $703 million in inflows last week, accounting for 99% of all flows into digital asset investment products. Surprisingly, Solana followed closely behind
Despite Dogecoin’s recent struggle to break through the $0.08 level, the popular meme coin has been experiencing significant growth in various network metrics. While its price has declined by 23% since its local peak on December 9th, the number of wallets holding more than 0 DOGE has been steadily increasing. In fact, the network has
Binance, the leading cryptocurrency exchange by trading volume, recently announced that it would be delisting two digital assets, Monero (XMR) and Multichain (MULTI), along with several other tokens. The delisting decision was made because these assets no longer met Binance’s listing criteria. As a result, XMR and MULTI experienced a significant decline in value. After
Grayscale CEO Michael Sonnenshein emphasized the importance of advocating for the development of a robust listed options market for spot Bitcoin exchange-traded funds (ETFs). In a statement on Feb. 5, Sonnenshein expressed his belief that it has never been more crucial to push for the approval of spot Bitcoin ETF options. The absence of listed
The partnership between GoDaddy and Ethereum Name Service (ENS) marks a significant milestone in the world of Web3. By allowing users to seamlessly link their .eth domains with traditional DNS top-level domains, this partnership eliminates the barrier of high gas fees. This article explores the implications of this collaboration and its potential to shape the
Bitcoin, the flagship cryptocurrency, finds itself at a critical juncture, as it hovers between potential upward and downward movements. Analysts are closely watching the current price action and utilizing various indicators to predict the next move of this influential digital asset. One such analyst, Eric Krown Crypto, recently shared his insights on Bitcoin’s future trajectory
The South Korean Financial Services Commission (FSC) has recently made significant legislative amendments to strengthen the regulations surrounding virtual asset business operators. These amendments aim to enhance accountability and duties of crypto executives, ensuring greater compliance and oversight within the rapidly evolving virtual asset sector. The government’s focus is on creating a stable and trustworthy
Ethereum (ETH), currently the second largest cryptocurrency asset, is generating significant buzz in the crypto industry as analysts predict a price surge in the coming months. Altcoin Daily crypto analysts have identified three major factors that could potentially propel the price of Ethereum to new heights. In this article, we will examine these factors and
The recent price action of ADA suggests a strong level of support at $0.488, with lackluster performance over the past month. However, crypto analyst Ali Martinez believes that Cardano’s current price movement resembles that of late 2020 before ADA experienced a massive bull run. This historical repetition of price behavior provides analysts with insight into
In recent months, the cryptocurrency market has witnessed explosive moves in various Solana meme coins, and the latest sensation is the SPACEX token. With a staggering +20,000% surge in price, SPACEX has caught the attention of many investors. However, it is crucial to examine the factors behind this meteoric rise and evaluate its sustainability. The
Cryptocurrency analyst Michaël van de Poppe has declared that altcoin season has arrived, urging investors to make entries at value while they still can. With the Bitcoin halving on the horizon, van de Poppe suggests that the next three to eight months present the best opportunity to invest in alternative cryptocurrencies, or altcoins. With numerous
Bitcoin, the largest cryptocurrency, has been experiencing a period of stagnation in recent times, leaving many investors uncertain about its future. Despite the lackluster price action, on-chain data reveals an interesting trend – the number of whale wallets, those holding between 1,000 and 10,000 BTC, has been steadily increasing. This accumulation by large holders indicates