2023 was a tough year for crypto funding, with a significant 68% drop in investments, plunging to $10.6 billion from the previous year’s $33.2 billion. This downturn, the lowest since 2020, was influenced by a mix of high interest rates, the AI boom, regulatory pressures, and major crypto downfalls like FTX, Celsius, and BlockFi. As…
Despite the high gas fees and network congestion, Ethereum is showing a bullish trend for the long term. This optimism comes from borovik.eth, a Rollbit partner, who shared his thoughts on December 26. He highlighted Ethereum’s thriving developer community, its significant role in the blockchain world, and the emergence of various Layer-2 solutions (L2s) as…
In a remarkable achievement that extends well over a year since its inception, Yuga Labs’s groundbreaking project, Otherside, maintains its dominant position in the metaverse land sales arena. Otherside is a virtual realm comprising “Otherdeeds,” parcels of virtual land, and its inhabitants, known as Kodas. Its debut on May 1, 2022, witnessed a rapid sell-out,…
In a surprising turn of events, some altcoins on Upbit, South Korea’s leading cryptocurrency exchange, have witnessed significant changes in trading volumes. These fluctuations have occurred within the last few hours, sparking intrigue in the crypto community. Mask Network (MASK) One of the standout performers is Mask Network (MASK), which has experienced an astonishing 224.70%…
XRP Enthusiast Applauds DeFi Technologies’ Acquisition of Solana Trading IP In an exciting development, cryptocurrency tech company DeFi Technologies recently made headlines by acquiring the Intellectual Property (IP) of Solana Trading Systems. This move underscores the company’s dedication to expanding its presence in the world of Decentralized Finance (DeFi) on the Solana blockchain. A well-known…
Exploring Institutional Crypto Adoption: Challenges and Opportunities The world of cryptocurrency holds immense promise for financial giants, yet it’s a path strewn with hurdles. At the recent Finance Magnates London Summit (FMLS:23), a panel discussion led by Madeleine Boys, Head of Community at GBBC Digital Finance, took a deep dive into the challenges and opportunities…
In the ever-evolving world of cryptocurrencies, one intriguing showdown is on the horizon: Shiba Inu (SHIB) versus Dogecoin (DOGE). These memecoins have taken the market by storm, and the question on everyone’s mind is whether SHIB can dethrone DOGE in 2024. The Memecoin Resurgence Over the past few months, the memecoin ecosystem has experienced a…
A popular cryptocurrency analyst recently shared insights suggesting that Solana, a dynamic altcoin, could potentially see its value soar by over 220%. This prediction comes after the coin already experienced a dramatic 1,000% increase since the beginning of the year. In a recent video, the anonymous host of InvestAnswers, who has a substantial following of…
Have you heard the latest about Axie Infinity’s (AXS) price? It’s been a rollercoaster! This year, it’s soared by 160%, hitting a new annual peak of $11.05. And guess what? It’s not just a fluke. The price has smashed through some pretty significant resistance levels that have been around for a long time. Axie Infinity…
In the world of tech, not every launch is a success story, and the Saga phone by Solana Mobile is a prime example. Known for catering to the crypto community, Solana Mobile, a division of Solana Labs, entered the smartphone arena with the Saga in April 2023. Initially priced at $1,000, the phone’s cost was…
