According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner Year for Bitcoin Records The year 2024 has…
Polkadot recently encountered significant selling pressure at a key resistance region, encompassing the 100-day moving average and the crucial $7.4 level. This resistance has led to a potential continuation of the bearish retracement. Technical Analysis By Shayan The Daily Chart A detailed examination of Polkadot’s daily chart reveals a bearish sentiment, with the price being…
Ethereum’s price has been gaining bullish momentum recently after experiencing a correction in the last couple of months. With the asset approaching its recent high, investors are hoping for new records, but breaking the $4,000 resistance seems tougher than expected. Technical Analysis By TradingRage The Daily Chart In the daily timeframe, the price blasted through…
Bitcoin’s valuation presently resides at $68,402, boasting a market capitalization of $1.34 trillion and a 24-hour trading volume of $23.93 billion. Throughout the previous day, BTC’s price has maintained a tightly consolidated triangular pattern. Bitcoin Bitcoin’s (BTC) daily chart reveals a market that has transitioned from a significant rally to a consolidation phase. After an…
TLDR The Sandbox and Food Angel have launched ‘Food Rescue World’, a gaming experience in The Sandbox metaverse to raise awareness about food conservation and help those in need. Players can complete virtual quests to understand the food rescue process and earn coupons from local partners to directly support Food Angel’s initiatives. Food Angel rescues…
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source of funds.” NFTs Likely to be Used in Fraud and Scams…
According to sources familiar with the matter, the SEC has instructed prospective issuers to submit amended S-1 forms by Friday, May 31st. This follows the approval of the 19b-4 forms on May 23, marking a significant milestone in the process. Spot Ethereum ETF Approval Progresses The recent approval of the 19b-4 forms marked a significant…
[PRESS RELEASE – Singapore, Singapore, May 31st, 2024] WEEX, a leading global cryptocurrency exchange, is excited to announce the highly anticipated upgrade of it’s WEEX Futures Pro trading zone. This enhancement is designed to provide Crypto Futures traders with a more robust, efficient, and user-friendly experience, reinforcing WEEX’s commitment to innovation and customer satisfaction. Complimenting…
TLDR Square Enix, the company behind popular game franchises like Final Fantasy and Kingdom Hearts, is moving its Symbiogenesis blockchain game’s NFT character minting to Ethereum layer-2 network Arbitrum. The shift to Arbitrum aims to reduce gas fees for minting NFTs to around 1/1000 of the previous cost on the Ethereum mainnet, making the process…
[PRESS RELEASE – SANTA CLARA, California, May 31st, 2024] CARV, the largest modular data layer for gaming and AI, announced today a strategic investment from Animoca Brands, the company advancing digital property rights for gaming and the open metaverse. In addition, Animoca Brands will become an operator of CARV’s Tier 6 verifier nodes in support…