The cryptocurrency market has experienced a significant downturn in the past 24 hours, with the total market capitalization dropping to $2.07 trillion, marking an 8.6% decrease. Bitcoin, the leading digital asset, has been hit hard, with its price falling below $54,000 for the first time since February. This sharp decline has had a negative impact
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BitMEX, a derivatives exchange based in Seychelles, has recently introduced the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This innovative offering aims to provide traders with a unique opportunity to gain exposure to a selection of popular meme coins through a single contract. The MEMEMEXTUSDT Basket Index Perpetual Swap Contract, also referred to as the “S&P500
SBI Holdings, a notable financial services company based in Tokyo, Japan, has recently joined forces with Ripple to introduce an NFT minting service on the XRP Ledger for the upcoming World Expo 2025. This partnership aims to leverage blockchain technology to enhance the digital experience for Expo attendees. The initiative is part of the larger
Futureverse, a prominent player in AI and metaverse technologies, has recently joined forces with Animoca Brands, a trailblazer in digital property rights and blockchain-based entertainment. This groundbreaking collaboration is poised to revolutionize the metaverse landscape by leveraging Animoca Brands’ vast ecosystem of blockchain products with Futureverse’s advanced technology stack. As part of this strategic partnership,
The financial services company T-Rex Group has recently made headlines by filing for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This particular financial vehicle is expected to be one of the most volatile ETFs in the country, if approved by the Securities and Exchange Commission. The fund, named ‘T-Rex 2X
Bitcoin, the leading cryptocurrency in the market, seems to be facing a critical juncture as it approaches a key moment. After a strong performance in the first half of 2024, where it broke through the important $71,000 mark, it has since retreated and is now hovering around the crucial $61,000 support level. This recent dip
In recent years, the world of digital collectibles has seen a massive surge in popularity, with Non-Fungible Tokens (NFTs) leading the way. These unique digital assets have not only captured the attention of artists and collectors but have also presented new investment opportunities. NFTs, unlike cryptocurrencies such as Bitcoin and Ethereum, represent ownership of exclusive
The Vatican Library has recently announced a groundbreaking initiative to expand its reach into the Web3 space by offering non-transferable NFTs to backers of its esteemed manuscript collections. This project, currently in an experimental phase, is exclusively available to Italian supporters of the Vatican Apostolic Library. Italians have the opportunity to participate in this project
Bitcoin experienced significant volatility on Monday, with a sharp decline to a new monthly low of $64,000. Altcoins followed suit, with many experiencing massive drops, leading to 190,000 traders facing losses in a single day. After a quiet weekend hovering around $66,000, Bitcoin started the day lackluster but later gained momentum, reaching a peak of
Liquid staking and the concept of destablecoins have gained significant attention in the past year, showcasing rapid growth and innovation in the cryptocurrency space. One of the projects at the forefront of this movement is Lista DAO, which introduces an open-source liquidity protocol designed to earn yield on collateralized cryptocurrencies such as BNB, ETH, stablecoins,