[ad_1] Solana Monkey Business Tops NFT Sales Solana Monkey Business has emerged as a dominant force in the NFT market, achieving a daily sales figure of $971,164 on Thursday, according to data from CryptoSlam. This remarkable performance underscores the growing popularity and influence of Solana Monkey Business in the digital asset space. Solana Blockchain’s Rise in the NFT Market The Solana blockchain, home to the top-ranking Solana Monkey Business collection, saw a 4% increase in daily sales, reaching $3.23 million. This impressive growth propelled Solana to the top of the NFT market, placing it third in sales volume on Wednesday…
Author: dfrancis36
[ad_1] Polygon recently provided more details on the proposed migration of MATIC tokens to its new POL tokens. This forms part of Polygon’s plan to build “aggregated blockchains” as its innovative approach to scaling these networks. Everything To Know About MATIC’s Migration To POL Polygon revealed in a blog post that the mainnet upgrade from MATIC to POL is expected to occur on September 4. In the initial phase of the upgrade, the POL token will replace MATIC as the gas and staking token of the Polygon PoS (proof-of-stake) network. Meanwhile, depending on the community’s decision, POL’s utility could extend…
[ad_1] ETH derivatives volume suggests that Ethereum investors have little confidence in the Spot Ethereum ETFs, sparking a massive rally for the second-largest crypto token by market cap. This development comes amid the imminent launch of these funds, which are expected to begin trading next week. Ethereum Futures Premium Highlights Little Confidence In ETH’s Price According to data from Laevitas, Ethereum’s fixed-month contracts annualized premium currently stands at 11%, suggesting that crypto traders aren’t bullish enough on ETH’s price. Further data from Laevitas shows that this indicator has yet to sustain levels above 12% this past month. Related Reading This…
[ad_1] Dennis Porter, CEO and co-founder of Satoshi Act Fund, set the Bitcoin and financial community abuzz yesterday, July 18, with an alleged leak via X. Porter announced what could be massive news for BTC. “HUGE BREAKING: Trump to announce a USA Bitcoin strategic reserve in Nashville – Sources,” Porter wrote. The annual Bitcoin conference is taking place next week in Nashville, from July 25-27. While details remain scarce and the source anonymous, this statement has sparked intense discussion within the crypto community and beyond. Notably, the market has shown restraint, maintaining a cautious stance amid the unfolding news. How…
[ad_1] Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In the weekly chart, the Bitcoin Bollinger Bands (BB) is currently at their tightest level in history. Besides April 2016 and July 2023 events, the Bitcoin BB is tightening, forming a squeeze. Related Reading Since BB is a technical indicator used to gauge underlying volatility,…
[ad_1] Ryan Selkis, the co-founder and CEO of crypto analytics company Messari, has immediately resigned following a series of controversial posts on social media platform X (formerly Twitter). Messari’s Ryan Selkis Under Fire The controversy surrounding Selkis began when he made statements such as, “I hate leftists with the fire of 100 suns. I’m not Republican. I’m built different. War” and expressed frustration after an incident involving an attempt on the President’s life. Additionally, in one since-deleted post, Ryan Selkis stated, “Anyone that votes against Trump at this point can die in a fucking fire. Literal war.” These remarks sparked concern…
[ad_1] Hackers have breached and siphoned large amounts of assets from India-based crypto exchange WazirX. According to blockchain tracking firm Lookonchain, an analysis of on-chain data shows that the exchange lost more than $230 million worth of crypto in the incident. The stolen funds include $52.5 million worth of Ethereum (ETH), $102 million worth of Shiba Inu (SHIB), $11.24 million worth of Polygon (MATIC), $7.6 million worth of Pepe (PEPE), $3.5 million worth of Gala (GALA) and $5.79 million in Tether (USDT). “More than $230M of assets have been abnormally transferred from the WazirX (@WazirXIndia) wallet to the wallet “0x04b2”.…
[ad_1] “Golf is deceptively simple and endlessly complicated; it satisfies the soul and frustrates the intellect. It is at the same time rewarding and maddening – and it is without a doubt the greatest game mankind has ever invented.” – Arnold PalmerThis quote from one of golf’s greatest is reminiscent of the bitcoin journey in many ways. At first glance, these two inventions might seem entirely unrelated, but they share intriguing parallels. The principles of golf can offer valuable insights into bitcoin, and understanding bitcoin can shed light on the intricacies of golf.In both pursuits, achieving a certain threshold of…
[ad_1] Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Related Reading Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market because of the sudden about-face. XRP, Ripple’s native coin, fell 8% to $0.58, its 24-hour low. Trade volume was down as well, yet it rose 20%, showing investors’ interest amid uncertainties. There is a lot of talk in the market that the…
[ad_1] A prominent Shiba Inu (SHIB) developer has issued a critical warning to the SHIB community about a hack attack on WazirX, which has already led to significant financial loss for several SHIB investors. Developer’s Warning To SHIB Community On July 18, Kaal Dhairya, a top developer in close contact with Shytoshi Kusama, the pseudonymous SHIB lead developer, took to X (formerly Twitter) to warn community members about a new hack attack targeting investors. Dhairya brought the community’s attention to the recent hack on WazirX, a prominent Indian crypto exchange. According to reports, WazirX suffered a massive security breach, which…