The blockchain industry creates many opportunities for investors to profit continually with the different strata ranging from Gamefi, smart contracts, cryptos, NFTs and much more. Investors that successfully navigated the space have benefited from it depending on the strategy applied. In the cryptocurrency sector, we have seen volatility and how
Debut of W, the governance token of the cross-chain messaging protocol Wormhole, is at odds with the usual occurrence of a subsequent price surge post-airdrop. The token has remained in a state of decline ever since it started trading on Wednesday. Wormhole airdropped 674 million tokens — 6.75% of the
There are a number of potential spot Ethereum ETF applications that the U.S Securities and Exchange Commission (SEC) has opened for public comment. Its primary emphasis is on exchange-traded funds (ETFs), particularly the Grayscale Ethereum Trust, Bitwise Ethereum Fund, and Fidelity Ethereum Fund. Additionally, the SEC has made note of
According to ARK Invest CEO Cathie Wood, Bitcoin’s (BTC) ascent might be attributed to its status as a “flight to safety” from depreciating fiat currencies. In an interview that was made public on April 3 by CNBC, Wood characterized BTC as an investment that has both upside and downside risks.
Crypto exchange Coinbase has partnered with the open-source protocol Lightspark to provide its users a Layer-2 solution for the Bitcoin network. Users of Coinbase would supposedly benefit from faster and cheaper Bitcoin transactions in the future as a result of this strategic alliance. To enable inexpensive and quick transactions across
Binance, the biggest cryptocurrency exchange in the world based on trading volume, is expanding the accessibility of its Portfolio Margin product to non-VIP customers who have a minimum balance of 100,000 USDT in their Cross Margin and Futures accounts. A larger group of Binance traders are expected to benefit from
Despite the prevailing market conditions, the Solana (SOL) price has demonstrated remarkable resilience, maintaining its position within a bullish range. Although traders have shifted their focus away from the token to some extent, the price continues to trade within this favorable range, indicating that SOL may be poised for a
The Pyth Network is thrilled to launch the USDB and W/USD price feeds. The primary platform for multi-chain bridges and apps interoperability, @wormhole, has $W as its governance token. There are now over 50 blockchains that support the Pyth W/USD price feed. Unlike previous oracles, this Pyth instance responds to the
BEFE has seen a massive overall growth of 554.23% since its launch on November 2023, as recorded on April 2, 2024. In fact, experts are predicting and hoping that BEFE will have a surge of over 800% in the near future. They even have reasons backing their predictions, some of
The bull market offers investors many opportunities to bag gains from blue chips and new tokens. With thousands of altcoins floating in the market, finding a token that fulfils the criteria of solid fundamentals, good tokenomics, and great returns becomes a task. Here’s us decoding a great find that gives
