In a surprising twist in the crypto markets, Worldcoin (WLD) has seen a robust 30% surge over the past week. This has been fueled by swirling rumors about a potential new product from OpenAI. Worldcoin’s Value Increases Amid OpenAI Rumors This increase in value aligns with speculative interests as traders anticipate the launch of a…
OpenSea, a non-fungible token (NFT) marketplace, faces a significant challenge with its daily trading volume in ETH NFTs. This volume has dropped to its lowest point since May 2021, with figures currently hovering around 600 ETH per day. OpenSea NFT Volume Hits Record Low Since May 2021 OpenSea hit a record for the lowest monthly sales…
Floki Inu (FLOKI) has recently attracted considerable attention from seasoned and amateur crypto investors, marking significant market movements. Despite a dip of 6.53% in the last 24 hours, FLOKI showcased a resilient performance over the past week, boasting a 17% increase. Crypto Investors Buy Floki Inu Savvy investors have infused millions into various meme coins,…
In a move to combat disruptive trading practices, crypto traders have collectively invested over $9.5 million in recent weeks to safeguard Solana transactions against “sandwich attacks.” This phenomenon, prevalent in blockchain ecosystems, involves bots exploiting transaction latency by placing their own orders before and after a target transaction to manipulate market prices. Crypto Traders Want to Stop…
In April, Hut 8, a major player in North America’s Bitcoin mining scene, reported a significant 36% reduction in its Bitcoin production. This drop has come in the wake of the latest Bitcoin halving event and the relocation of the company’s mining operations. Unlike the broader decline across the industry, which saw a decrease in production by…
In a push to harness cutting-edge technology, Mastercard, Visa, JPMorgan, and Citigroup are setting the stage for what could be a revolution in financial markets with distributed ledger solutions. The financial giants have united to launch the Regulated Settlement Network (RSN). Distributed Ledger Technology for Multi-Asset Settlements The RSN plans to integrate commercial bank money with…
Chainlink (LINK) price exhibits bearish signals, but considering the broader market cues as well as LINK holders’ behavior, a different route is the likely outcome. This could lead to a recovery for LINK, and at the same time, it could also result in a confirmation of potential consolidation. Chainlink Investors Go Bullish Chainlink’s price has been under $15 for the…
Shiba Inu (SHIB) price will likely find some resistance when it comes to recovery since the meme coin is losing its investors’ confidence. This could lead to the altcoin continuing its ongoing downtrend, which might send it below $0.00002000. Shiba Inu Whales Take a Step Back Shiba Inu’s price has failed to breach the downtrend it has…
Worldcoin’s (WLD) price is in the middle of validating a bullish reversal pattern, but the broader market cues are causing a delay. Nevertheless, with the support of its investors, the cryptocurrency could continue its rally, provided it stays above key support. Worldcoin Investors Remain Optimistic Worldcoin’s price witnessed correction over the past few days, resulting from the…
Coincheck is preparing to enter the Nasdaq stock market, marking a significant step for Japan’s crypto market. This move comes through a merger with Thunder Bridge Capital Partners IV (Nasdaq: THCP), a particular purpose acquisition company (SPAC). Coincheck to List on Nasdaq For five years running, Coincheck has led in app downloads and boasts over 1.98 million…