As the whole NFT market collapsed to trade numbers not seen in years, last week saw the floor prices for “blue chip” NFT collections CryptoPunks and Bored Ape Yacht Club (BAYC) fall significantly below $100k worth of ETH for the first time in months. The NFT market has recovered significantly,
The largest cryptocurrency in the world by market capitalization, Bitcoin (BTC), is having an unpleasant weekend after losing its key support level at $28,000. This has left exchange-traded fund investors uncertain about what will happen to Bitcoin after its dominant performance in 2023. At the time of writing, the BTC
Korea Blockchain Week (KBW), one of the leading blockchain and Web3 events in Asia, will return for 2023 following the immense success of the 2022 edition, which was the first in-person iteration since the Covid pandemic. KBW2023 is founded by Factblock, a Web3 ecosystem accelerator, and co-hosted by Hashed, the
In July 2022, Celsius, a company with over $4 billion in consumer debt, filed for Chapter 11 bankruptcy. The business has also been under investigation for numerous months. The collapse of the 2022 cryptocurrency market primarily affected lending companies for cryptocurrencies, with Celsius Network, Voyager, and Three Arrows Capital being
The Shiba Inu ecosystem’s layer-2 network solution, Shibarium, is making great gains in beta testing. Just four weeks following its relaunch with an improved Chain ID, the beta version of the network, Puppynet, has already amassed more than 14 million wallets. According to Puppyscan, Puppynet’s official block explorer, the Shibarium
India’s recent completion of its first blockchain-enabled letter of credit transaction on the Contour Network marks a significant milestone in the digitization of trade finance processes. The transaction, valued at $3 million by Citibank, is expected to reduce transaction time and costs for clients, paving the way for more efficient
The BinaryX (BNX) market has recently been bullish, exhibiting a positive sentiment. The day started with a bearish sentiment as the opening price of BNX was at $0.5548. However, the bullish intervention turned the market around, resulting in an intraday high of $0.6288 for BinaryX. The bulls took charge of
The Bella Protocol (BEL) has had a 24-hour bull run, with the price rising to a high of $0.8168 due to buyer enthusiasm. As of press time, the optimistic sentiment was still strong, resulting in an 18.56% increase to $0.7741. During the upturn, BEL’s market capitalization and 24-hour trading volume
The most recent WOO Network price analysis shows a strong upward trend with the bulls driving the market higher. The WOO token has surged by more than 10 percent in the past 24 hours and is currently trading at $0.2805. The buying pressure has been strong, as the token has
Pepe (PEPE) price dropped to an all-time low of $0.00000002764 after a more than 60% fall on April 17, owing to rumors of a developer rug pull. Despite this setback, bulls have rebounded as of this writing, as seen by a 38.39% surge to $0.0000003234 despite encountering resistance at the
