Gaming token and cross-chain platform Portal made its long-awaited debut early Thursday, rewarding airdrop farmers and Binance token stakers ahead of launching staking rewards and rolling out other features. PORTAL, minted on Ethereum, is currently priced at $2.54 per token according to data from CoinGecko, with just over 167 million tokens currently on the market—nearly 17% of the total supply…
Month: February 2024
Bitcoin Is Mooning: Here Are BTC’s Biggest Single-Day Price Gains in History
The price of Bitcoin continues to surge, with spot Bitcoin ETFs in the rearview mirror and the halving coming in April. Renewed euphoria has swirled as the price of Bitcoin skyrocketed to $64,000 on Wednesday. “Fourth Bitcoin bull market, and this all feels very different,” prominent Bitcoin podcast host Peter McCormack said on Twitter. Fourth #bitcoin bull market and this…
Gods Unchained Goes Mobile: Play-to-Earn NFT Game Launches on Google Play and Apple App Store
On Thursday, the creators of the Immutable X-powered non-fungible token (NFT) game Gods Unchained announced that the game is now accessible on mobile devices. The Gods Unchained application has made its debut on both the Google Play Store and Apple’s App Store across the globe. God’s Unchained Launches Mobile Application The popular play-to-earn strategy card […] Source: https://news.bitcoin.com/gods-unchained-goes-mobile-play-to-earn-nft-game-launches-on-google-play-and-apple-app-store/
Why Most Meme Coins Die Young
Meme coins are great. They’re fun and they onboard a ton of new users into the space—and every once in a while, they break through the on-chain noise and become new pillars of community for people to rally around, like Shiba Inu (SHIB), BONK, or Dogecoin (DOGE). They’re a great tool for onboarding and an even better tool for gambling.…
Bitcoin ETFs Gained Record $673 Million in One Day Amid BTC Rally
BlackRock’s newly approved Bitcoin exchange-traded fund (ETF) continues to steal the show: the hot digital commodity received over $612 million in inflows just yesterday. There was enough good news to spread around: the 10 spot Bitcoin ETFs collectively experienced $673.4 million in inflows, BitMEX Research shows—although BlackRock’s new fund is by far the most popular. When trading closed yesterday, over…
US Government Now Owns $12 Billion Worth of Bitcoin—Here’s Why
It’s not just degens and Wall Street tycoons benefiting from Bitcoin’s latest bull run—thanks to the token’s ongoing rally, the U.S. government is now sitting on a $12 billion BTC fortune. In the last decade, the U.S. has seized tens of thousands of Bitcoin from several criminal enterprises, most notably the dark web marketplace Silk Road and the hackers who…
‘This is the Age of Creators’: How DASTAN is Fixing the ‘Broken’ Media Industry
‘This is the Age of Creators’: How DASTAN is Fixing the ‘Broken’ Media Industry Following the launch of decentralized media publishing company DASTAN, its President Farokh Sarmad, CEO Loxley Fernandes, and COO Quinn Button, Ph. D joined Decrypt reporter Sander Lutz and The Nifty & BoDoggos Founder and Partner Easy to talk about the future of media. Source: https://decrypt.co/videos/interviews/UeOWvV0c/this-is-the-age-of-creators-how-dastan-is-fixing-the-broken-media-industry
10 Bitcoin ETFs Smash Inflow and Trading Volume Records
Ten new U.S. spot bitcoin exchange-traded funds (ETFs) have shattered both inflow and trading volume records. The 10 funds took in $673.4 million, with Blackrock’s Ishares Bitcoin Trust (IBIT) accounting for $612.1 million of the total inflow. The 10 bitcoin ETFs also set a new record for total trading volume. Spot Bitcoin ETFs Set New […] Source: https://news.bitcoin.com/10-bitcoin-etfs-smash-inflow-and-trading-volume-records/
Merrill, Wells Fargo Offering Bitcoin ETFs to Top Clients: Report
With Bitcoin spot ETFs continuing to see a torrent of interest and investment seven weeks into their existence, two of the most storied brands in investing have begun to offer access to the red-hot investment vehicles: Merrill—the wealth management division of Bank of America—and Wells Fargo, according to a Bloomberg report on Thursday. Citing anonymous sources “familiar with the matter,”…
Who Is Buying Up Bitcoin ETFs? Analysts Debate
Record-shattering volumes and flows for the Bitcoin spot ETFs have soundly proven that there is incredible demand for these long-awaited, recently approved investment vehicles. But demand from whom? Perspectives vary among analysts, but CoinShares’ Head of Research James Butterfill doesn’t think it’s the retail market. “It is only now that we are seeing the RIA [Registered Investment Advisor] market open…