In a groundbreaking moment for the digital art world, a record was shattered as an Ethereum-based Non-Fungible Token (NFT) of the beloved Dogwifhat meme was sold for an astonishing $4.3 million worth of ETH. This sale has not only set a new standard for meme NFTs but has also highlighted the growing market for digital
Ethereum
Cryptocurrency enthusiasts are buzzing with excitement as the highly anticipated listing of Scotty the AI on Uniswap decentralized exchange is scheduled for Thursday, March 21st. Scotty the AI, represented by the $SCOTTY token, has created a stir in the crypto community by raising $10.8 million in just two weeks. This innovative project combines the elements
The soaring market cap of Solana’s decentralized exchange Jupiter (JUP) has left many crypto investors wondering if it’s too late to jump on the bandwagon. With a fully diluted market cap approaching $15 billion, Jupiter’s valuation now challenges that of the well-established DEX Uniswap. While Jupiter’s 24-hour trading volume surpasses that of Uniswap, signaling its
The cryptocurrency market has been abuzz with the recent success of Dogecoin20, a new meme coin that has raised $2 million in just four days. The allure of meme coins lies in their potential for high returns on investment, with Dogecoin20 offering the opportunity for 100x gains. However, a closer examination of Dogecoin20 reveals some
Charles Hoskinson recently debunked rumors surrounding the development of Hydra, a layer-two scaling solution aimed at improving the transaction processing capacity of the Cardano blockchain. Despite speculations of abandonment, Hoskinson reassured the community that Hydra is thriving and more productive than ever. This open-source framework facilitates off-chain ledger creation, offering developers increased efficiency in utilizing
Over the past weekend, the cryptocurrency market saw significant volatility, with Bitcoin plummeting to a ten-day low of under $65,000. This stark contrast to the previous few days, where Bitcoin had been on a steady climb to reach a new all-time high of $73,800. However, this peak was short-lived as the bears took control of
The cryptocurrency market has recently been shaken by a significant drop in Bitcoin prices, leading to a sense of panic among investors. After reaching record highs and experiencing significant gains, Bitcoin has suddenly plummeted to a weekly low of $65,000. This drastic decline has raised concerns about the stability of the market and the potential
Grayscale has recently made amendments to its regulatory filing, signaling its intention to convert its Ethereum Trust into a spot exchange-traded fund (ETF). The March 15 amendment serves to bolster the company’s initial filing in several key ways. One significant update is the inclusion of a correlation analysis conducted by Coinbase, which presents evidence supporting
In a world where innovation knows no bounds, 5thScape ($5SCAPE) emerges as a groundbreaking project that combines virtual reality (VR) and augmented reality (AR) with crypto tokenization. With $1.15 million already raised in its presale, 5thScape is set to redefine the VR/AR space through the integration of crypto tokens to enhance the user experience. 5thScape
In a recent thread, Paul Grewal, the Chief Legal Officer at Coinbase, took issue with a letter penned by Senators Jack Reed and Laphonza Butler. The senators called for stricter regulations on Bitcoin exchange-traded funds and urged the SEC to halt the approval of any further cryptocurrency ETF applications. Grewal respectfully disagreed with the senators’