US Tech Sell-Off Spills Over to Crypto Market, $250M Longs Liquidated XProtocol ‘Superchain’ Seeks to Drive Mainstream Adoption of eGaming Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M Kava launches community-driven memecoin creation platform HARD.fun Mint Blockchain Secures $1.35 Million Grant From Optimism Governance Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture Cryptocurrency Adoption in Online Casinos Sees Significant Growth Ethereum Market Trends: Whales Accumulate As ETFs See Record Inflows Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance

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US Tech Sell-Off Spills Over to Crypto Market, $250M Longs Liquidated
US Tech Sell-Off Spills Over to Crypto Market, $250M Longs Liquidated

Most of the Bitcoin liquidations happened on Binance as tech giants like Google and Tesla slipped by over 10% on Wall Street. A major sell-off on Wall Street on Wednesday seems to have now spilled over to the broader crypto market. Bitcoin price is down over 3% in the past 24 hours slipping all the way to $64,000 levels.  As per data from CoinGlass, more than $290 million in liquidations took place in the broader crypto market with over $262 million in long liquidations. Crypto exchange Binance saw the highest liquidations at $118 million, with 88% in long trades. Also,...

views: 552
25.07.2024
XProtocol ‘Superchain’ Seeks to Drive Mainstream Adoption of eGaming
XProtocol ‘Superchain’ Seeks to Drive Mainstream Adoption of eGaming

The eGaming industry is experiencing rapid growth, with a global market size expected to reach $127 billion by 2027. Among the many factors driving this demand is web3 gaming, with in-game asset ownership, community-driven development, and greater transparency providing richer gaming experiences. Yet blockchain-based gaming is still in its infancy. Many projects struggle to gain traction due to high fees, high latency, and a clunky user experience integrating web3 wallets. Built on top of the popular Layer 2 (L2) Base chain, XProtocol aims to change the game with an entertainment and gaming-focused ‘superchain’ to combat scalability issues in web3 and...

views: 600
29.07.2024
Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M
Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M

Home / Crypto Live News / Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M Crypto Live News Nov 22, 2024 21:14 UTC Less than a minute In the latest development, Bitcoin miner MARA Holdings has revealed that it has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and now owns a total of approximately 33,875 BTC currently valued at $3.4B based on a spot...

views: 311
22.11.2024

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US Tech Sell-Off Spills Over to Crypto Market, $250M Longs Liquidated
US Tech Sell-Off Spills Over to Crypto Market, $250M Longs Liquidated

Most of the Bitcoin liquidations happened on Binance as tech giants like Google and Tesla slipped by over 10% on Wall Street. A major sell-off on Wall Street on Wednesday seems to have now spilled over to the broader crypto market. Bitcoin price is down over 3% in the past 24 hours slipping all the way to $64,000 levels.  As per data from CoinGlass, more than $290 million in liquidations took place in the broader crypto market with over $262 million in long liquidations. Crypto exchange Binance saw the highest liquidations at $118 million, with 88% in long trades. Also,...

25.07.2024
XProtocol ‘Superchain’ Seeks to Drive Mainstream Adoption of eGaming
XProtocol ‘Superchain’ Seeks to Drive Mainstream Adoption of eGaming

The eGaming industry is experiencing rapid growth, with a global market size expected to reach $127 billion by 2027. Among the many factors driving this demand is web3 gaming, with in-game asset ownership, community-driven development, and greater transparency providing richer gaming experiences. Yet blockchain-based gaming is still in its infancy. Many projects struggle to gain traction due to high fees, high latency, and a clunky user experience integrating web3 wallets. Built on top of the popular Layer 2 (L2) Base chain, XProtocol aims to change the game with an entertainment and gaming-focused ‘superchain’ to combat scalability issues in web3 and...

29.07.2024
Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M
Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M

Home / Crypto Live News / Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M Crypto Live News Nov 22, 2024 21:14 UTC Less than a minute In the latest development, Bitcoin miner MARA Holdings has revealed that it has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and now owns a total of approximately 33,875 BTC currently valued at $3.4B based on a spot...

22.11.2024
Kava launches community-driven memecoin creation platform HARD.fun
Kava launches community-driven memecoin creation platform HARD.fun

HARD.fun allows users to easily create memecoins with Kava’s AI chatbot. The platform is community-driven, with governance and tokenomics voted on. The platform offers cross-chain support, spanning Kava, Ethereum, Cosmos, and more. Kava, a secure and fast Layer-1 blockchain combining the power of Ethereum with the speed and interoperability of Cosmos, has launched HARD.fun, a groundbreaking decentralized memecoin creation platform. This follows a vote by holders of Kava Lend’s governance token HARD, in which more than 80% of voters backed the proposal. Designed to democratize the creation of memecoins, HARD.fun allows anyone to create and launch their own memecoin with...

20.11.2024
Mint Blockchain Secures $1.35 Million Grant From Optimism Governance
Mint Blockchain Secures $1.35 Million Grant From Optimism Governance

Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to the platform. Optimism Awards Mint Blockchain $1.35 Million to Support NFT Advancements According to the governance update, the grant will support Mint Blockchain’s ongoing mission to expand its NFT ecosystem. The project, known for its integration with the Superchain, aims to position itself as a key player in the NFT industry. The funding is expected...

15.10.2024
Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture
Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain trilemma of scalability, security, and decentralization. Launched in 2020, Avalanche has quickly become a major player in the blockchain ecosystem due to its unique architecture and consensus mechanism. Unlike legacy systems, Avalanche boasts a powerful blend of high transaction throughput, sub-second finality, and low fees,...

21.11.2024
Cryptocurrency Adoption in Online Casinos Sees Significant Growth
Cryptocurrency Adoption in Online Casinos Sees Significant Growth

You are here: Home / News / Cryptocurrency Adoption in Online Casinos Sees Significant Growth The digital currency revolution is making great strides in the online gambling industry, offering new opportunities for players and operators alike. Cryptocurrencies are becoming a preferred payment method due to their security, speed, and anonymity. This trend is reshaping how online casinos operate and engage with their audience. The Appeal of Cryptocurrency in Online Gambling As an enthusiast or participant in online gambling, you’re likely aware of the increasing integration of cryptocurrency within this space. The allure of cryptocurrencies lies in their ability to offer...

14.10.2024
Ethereum Market Trends: Whales Accumulate As ETFs See Record Inflows
Ethereum Market Trends: Whales Accumulate As ETFs See Record Inflows

Ethereum’s on-exchange supply ratio has fallen to levels not seen since 2016, even as its circulating supply continues to grow. Despite the ongoing price slump, major investors, often referred to as “whales,” are quietly increasing their holdings instead of liquidating assets. In the past 96 hours alone, Ethereum whales have collectively purchased over 280,000 ETH, a haul valued at approximately $1 billion. This accumulation trend underscores growing confidence among large-scale investors, even during a period of price stagnation. Ethereum ETFs Recorded Notable Interest Meanwhile, Ethereum Exchange-Traded Funds (ETFs) are experiencing a surge in interest. November 29 was a landmark day...

30.11.2024
Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead
Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead

Recently, Ethereum (ETH) showed signs of falling below $3,000 but held firm as bulls defended the altcoin. Now trading at $3,480, here’s what could be next for ETH. Ethereum Still Has More Room to Grow One metric that has consistently proven reliable for analyzing Ethereum is the Market Value to Realized Value (MVRV) ratio, a tool for assessing the profitability of holders and identifying potential market tops or bottoms. The MVRV ratio compares a cryptocurrency’s market value to its realized value, offering insights into whether the asset is overvalued or undervalued. When the MVRV ratio rises, it indicates that more...

27.11.2024
PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance
PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance

On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a massive Pepe transaction has been spotted on the blockchain during the last 24 hours. The transfer involved the movement of 1,286,733,285,955 tokens on the network, worth more than $14.7 million when the transaction went through. Given this large scale, it’s likely that a whale entity was responsible for the...

02.07.2024