Cross-chain bridge protocol Wormhole is gearing up for a multi-billion dollar airdrop of its upcoming W token, pre-market trading data suggests. On Monday, W traded for 2.49 USDT in OTC trades recorded through Bybit— more than five times higher than it traded for one month ago in the perpetual futures market. At the time, Wormhole published a tokenomics and unlock…
As the value of cryptocurrencies continues to climb, the second-highest sale of a Cryptopunk non-fungible token (NFT) has been recorded at $16 million, as per onchain records. This sale significantly exceeds its previous purchase price of $7.67 million, which was just three years prior. Ethereum Sees Spike in NFT Transactions as ‘Alien Punk’ Cryptopunk #3,100 […] Source: https://news.bitcoin.com/headband-wearing-alien-punk-nft-sells-for-16-million-marking-second-highest-cryptopunk-sale/
All good things come at a cost—and in this case, skyrocketing prices across the crypto market have also triggered an equally steep rise in Ethereum gas fees. On Ethereum, massive levels of network traffic pushed gas fees beyond 174 gwei by midday Monday according to Etherscan, incurring significant costs for traders attempting to complete various types of transactions within the…
Coinbase crashed again on Monday as the cryptocurrency market continued its frenetic Monday—marking the second time the U.S.-based exchange buckled under a surge of traffic in as many weeks. At 12:36 pm EST, Coinbase reported degraded performance on the exchange’s status page. As with last week’s crash, Coinbase users reported zero balances in their wallets. We are aware some users…
Investor interest in digital assets—particularly Bitcoin—has not relented, with $1.84 billion poured into crypto investment products in the last week. Of that dizzying figure, $1.73 billion was focused on “digital gold.” In fact, last week was the second largest week of inflows into such products on record, according to European digital asset manager CoinShares. The biggest week of inflows was…
Ordinals—the Bitcoin equivalent of NFTs—are on fire as Bitcoin’s price nears an all-time high, and it’s the NodeMonkes collection that is leading the charge after a heavy sales weekend that culminated with the project’s first-ever sale above $1 million worth of BTC. NodeMonkes is the top-selling individual Ordinals or NFT project over the last seven days, according to data from…
Bitcoin has smashed through $65,000, continuing its race to the moon, and the fast-rising tide is lifting all boats: BTC offshoots like Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV) are surging. Bitcoin Bitcoin is rapidly closing in on its all-time high of $69,000. The number one cryptocurrency is trading at $66,413 at time of writing, up 5.7% in the…
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $34.32 billion, only to soar to $61.59 billion today. From Dogecoin to Shiba Inu: […] Source: https://news.bitcoin.com/meme-tokens-skyrocket-market-cap-hits-61-5-billion-amidst-crypto-frenzy/
A Nigerian parliamentary committee is calling for the arrest of Binance’s executives for allegedly enabling a slew of financial crimes on their platform. Per a report from Politics Nigeria, the House Committee on Financial Crimes has announced plans to recommend that Congress invoke the power to subpoena the crypto exchange’s executives after they failed to appear before the committee voluntarily.…
PRESS RELEASE. Geneva, Switzerland, March 4, 2024 – The TRON DAO team attended ETH Denver, one of the leading events in the blockchain space. In conjunction with this, the TRON Builder Tour (TBT) ETH Denver event unfolded, drawing enthusiasts into the dynamic world of the TRON ecosystem with an event packed with insights, networking, and […] Source: https://news.bitcoin.com/tron-dao-at-eth-denver-and-host-of-tron-builder-tour-denver-stop/
