In the bustling world of NFTs, Magic Eden Marketplace has emerged as a vibrant hub for enthusiasts in 2024. Initially focused on the Solana-based NFT sector, this decentralized marketplace has expanded to support Ethereum NFTs and the latest Bitcoin ordinals. With an impressive user count and reputation for low transaction costs, Magic Eden is the
2024
The value of the Normie (NORMIE) token plummeted by a staggering 99% in just three hours following a smart contract exploit. This unfortunate event saw the market cap of the token drop from $42 million to a mere $200,000 in a very short amount of time. The developers of the Base meme coin, where Normie
Shiba Inu ($SHIB) has emerged as one of the top digital asset investments of 2024, outperforming Bitcoin, Ethereum, and even its top competitor, Dogecoin. With a current price of $0.00002547, Shiba Inu has seen a remarkable 200% increase from its price a year ago. In comparison, Bitcoin is up 158%, Ethereum has added 115% over
The cryptocurrency market has been witnessing a concerning trend in recent times, with tokens being launched with high valuations but limited initial circulating supply. This has raised questions about the sustainability of the potential upside for traders following the token generation event (TGE). The latest findings from Binance Research shed light on this trend, revealing
OKX, a prominent cryptocurrency exchange, recently announced that it would be discontinuing its centralized cryptocurrency trading services for residents of Hong Kong effective May 31, 2024. This decision was made in compliance with regulatory requirements, with the exchange citing a “careful consideration” of its business strategy as the reason behind the move. While OKX assured
As the clock ticks closer towards the end of the Dogeverse (DOGEVERSE) presale, investors around the world are eagerly anticipating the final opportunity to participate in this unique multi-chain offering. With the presale set to conclude on June 3, 2024, at 10 am UTC, the excitement surrounding the $DOGEVERSE meme token is reaching its peak.
Bitcoin, the leading cryptocurrency, has captured the attention of investors and analysts alike. One crypto analyst, known as ‘CrediBullCrypto’, has made a bold prediction regarding the future price of Bitcoin. His analysis points towards an “ultra bull scenario” for Bitcoin, suggesting that the price could surge above $80,000 in this market cycle. CrediBullCrypto’s insights into
The cryptocurrency market has been a hot topic among investors recently, with many showing confidence and optimism in the potential for growth. One popular crypto analyst, known as Crypto Con, has made predictions regarding the timeline for Bitcoin to reach its peak in the current bull cycle. By analyzing historical data and trends, Crypto Con
The recent surge in Bitcoin and Ethereum prices has not been without casualties in the crypto market. In the past day alone, over $330 million has been liquidated, with short traders bearing the brunt of the losses. According to Coinglass data, more than 78,000 crypto traders have seen their positions liquidated, resulting in hundreds of
Michael Sonnhenshein, the CEO of Grayscale, has announced his departure from the company. Peter Mintzberg from Goldman Sachs will be taking over the role of CEO on August 15, 2024. Sonnhenshein has been with Grayscale since 2014 and became CEO in 2021. Barry Silbert, the founder and CEO of Digital Currency Group, expressed his gratitude