In the latest major airdrop development on Solana, meme coin Smog Token (SMOG) has made headlines by announcing its shift into a multi-chain ecosystem using Wormhole. The success of Smog Token’s launch, coupled with the anticipation surrounding its airdrop campaign, has positioned it as a new major player in the crypto market. Smog Token’s launch
As the Lunar New Year approaches, the anticipation for the Year of the Wood Dragon is growing worldwide. Communities are buzzing with excitement as they prepare for celebrations and reunions with loved ones. This particular Lunar New Year holds a special allure due to the presence of the enigmatic MetaStones DAO. MetaStones is auctioning a
Bitcoin experienced a significant breakthrough on February 9th as it surpassed the $46,000 mark, effectively overcoming a substantial resistance level at $44,000. This resistance had hindered the asset’s price increases since the introduction of spot Bitcoin ETFs in the United States about four weeks prior. The breakthrough is particularly notable as it signals the conclusion
Cardano (ADA) has recently seen a surge in trading activity, with a price increase of over 7% on Thursday, reaching $0.53. After a volatile January, analysts and social media users are now speculating on the various factors that could influence ADA’s future trajectory. This article will delve into some of these factors and their potential
Bitcoin (BTC) has achieved a significant milestone, crossing the $46,000 mark for the first time since its ETFs’ debut trade on January 11. This surge in value comes as a relief to early investors in BTC, who had experienced a rocky start to 2024. Despite the approval of eagerly awaited exchange-traded funds, BTC faced a
Binance, one of the leading cryptocurrency exchanges, is set to launch a new staking campaign through its Launchpool feature. This time, the rewards will be in the form of up to 350 million PIXEL tokens, which will be distributed to participants in anticipation of the live launch of the Ronin gaming token later this month.
Sky Mavis, the creator of the renowned play-to-earn NFT game Axie Infinity, has recently unveiled a thrilling collaboration with GMonsters, a Japan-based game development team, and MIXI, a prominent mobile game publisher. This partnership aims to bring titles from MIXI’s Fight League franchise to the Ronin blockchain, expanding the network’s reach and potential even further.
Prometheum, a cryptocurrency trading platform for securities assets, has recently launched its custodial services for Ethereum (ETH), a move that could have profound implications for the legal status of the second-largest cryptocurrency by market capitalization. By positioning itself as a compliant player in the crypto industry, Prometheum aims to compel regulators, particularly the Securities and
The Ethereum ecosystem has witnessed a remarkable surge in staking activity, despite the lackluster performance of the ETH price over the past year. Among the liquid staking protocols, one platform that stands out is Lido Finance, which has experienced a consistent increase in the amount of ETH being staked. Consequently, the total supply of staked
The Ethereum price has broken past the $2,400 barrier in the past day, signaling a potentially bullish trend for the cryptocurrency. This observation is based on the analysis of the exchange netflow indicator, which tracks the net amount of Ethereum entering or exiting centralized exchanges’ wallets. By subtracting the outflows from the inflows, this metric