The crypto gaming industry has recently witnessed a surge in the use of airdrops as a creative method to launch new tokens and attract users. An example of this trend is BlockGames, a mobile-centric gaming platform that has announced the launch of its own BLOCK token through an airdrop farming campaign. This strategy aims to
Impact
The Biden administration recently unveiled its proposed budget for 2025, containing significant provisions aimed at regulating digital assets. These regulations are projected to result in an increase of nearly $10 billion in tax revenue by 2025. The primary objective of these measures is to address a loophole that has allowed affluent crypto investors to exploit
Binance, one of the leading cryptocurrency exchanges, recently listed Metis (METIS) on its platform. This move is expected to have a positive impact on the price of METIS, as it can increase the visibility of the digital asset and enhance its liquidity. Official listings on major exchanges like Binance are often seen as a vote
The recent surge in Bitcoin transaction fees has caught the attention of many investors and analysts alike. While the market rallies towards the $70,000 mark, it’s important to note that the increase in transaction fees cannot be solely attributed to the upward trajectory of Bitcoin’s price. A significant factor influencing the surge in fees is
In mid-January, spot Bitcoin ETFs were approved which resulted in a staggering 60% surge in crypto markets. This surge added a trillion dollars to the total capitalization. While Bitcoin reached a new all-time high during this period, Ethereum struggled to surpass the $4,000 level decisively. Fox Business correspondent Eleanor Terrett recently reported that optimism surrounding
The recent surge in Bitcoin’s price to over $71,000 can be attributed to a confluence of factors that have instilled confidence in investors and sparked a flurry of buying activity in the cryptocurrency market. One of the key catalysts behind this unprecedented rally is the announcement by the London Stock Exchange (LSE) to accept applications
Nissan Motor Co. has recently made a bold move into the virtual realm by introducing a new metaverse experience known as ‘Heritage Cars & Safe Drive Studio’. This project, which was launched on March 7th, marks Nissan’s 90th anniversary and underscores the company’s dedication to its heritage and safety. The goal of this initiative is
The Stanford Blyth Fund, a student-run investment entity at Stanford University, recently made a significant investment in Bitcoin (BTC) after a compelling pitch by a computer science major. This move has garnered attention and sparked discussions about the adoption of digital assets in traditional financial institutions. The decision to purchase Bitcoin at $45,000 in February
Traders in the cryptocurrency market are closely watching the price movements of the Solana-based meme token, SMOG. With a recent 70% price increase, there is growing speculation that SMOG could potentially follow in the footsteps of other successful meme tokens like DogWifHat. The analysis of SMOG’s price trends indicates that there are still buying opportunities
Pantera Capital, a prominent crypto-focused asset manager, is making moves to secure funds from major investors in order to purchase heavily discounted Solana (SOL) tokens from the FTX bankruptcy estate. The company is in the process of raising capital for the Pantera Solana Fund, with the goal of acquiring up to $250 million worth of