Sat, September 21

Search Results for: TheNewsCrypto

NFT Market Collapses as 96 Percent of NFTs Become Inactive

The NFT market is facing a severe crisis, with a staggering 96% now considered “dead”, according to NFT Evening’s 2024 report. This designation applies to NFTs that exhibit no trading volume, minimal sales over seven days, and almost no social media activity. The report analyzed more than 5,000 NFT collections

September 4, 2024 2 mins read

Samsung Next Invests in Startale Labs Amid Blockchain Partnership with Sony

Samsung Next, the investment arm of South Korea’s tech giant Samsung, has announced a new investment in Startale Labs. This investment comes as Startale Labs forms a joint venture with Japanese powerhouse Sony to co-develop Sony’s blockchain project, Soneium. Startale Labs is known for its key services that support blockchain

September 4, 2024 2 mins read

Seed Sale Kicks Off for Gamster’s AI-Powered P2E Platform

This is the ideal moment to capitalize on the chance to buy low and sell high, as they say on Wall Street! Gamster a transformative P2E gaming platform is launching its seed sale, offering its ecosystem token, $GOIN, at an unbeatable discount of $0.03 for early investors. Gamster Explained Gamster

September 4, 2024 3 mins read

Bitcoin Miner’s Struggle Soars as BTC Hashrate Hits Record High

On September 1, 2024, the hashrate of the Bitcoin network, which is the total computing power used to secure the Bitcoin network, hit a new record high of more than 742 exahashes per second (EH/s). As expected given the ongoing trend toward application-specific integrated circuits (ASICs) and other forms of

September 4, 2024 2 mins read

ZKsync Developer Matter Labs Cuts 16% of Workforce as Strategy Shifts

The German firm Matter Labs, which created the ZKsync protocol for Ethereum’s Layer 2 layer, has laid off almost 16% of its employees. In a post on X, Matter Labs’ co-founder and CEO, Alex Gluchowski, said that the company has always adhered to the principle of being a small, dedicated

September 4, 2024 2 mins read

Chainlink Price Stuck Between $9 And $12, LINK Mirrors Broader Market Trends

Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However, a potential breakout opportunity looms on the horizon, signaled by the convergence of key technical indicators, particularly the Bollinger Bands. LINK’s recent price history has been

September 3, 2024 2 mins read

Ripple Price Shows Strong Bullish Action: XRP Tests Major Support

Ripple’s XRP has embarked on a notable upward trajectory since the week’s commencement, signaling a resurgence in buying sentiment within the cryptocurrency market. This positive price action coincides with a significant technological development: the expansion of Ethereum-compatible smart contracts to the XRP ledger. This enhancement promises to unlock new possibilities

September 3, 2024 1 min read

Solana Foundation Rebuts Centralization Claims Amid Patch Controversy

At a Korea Blockchain Week (KBW) 2024 panel, Dan Albert, executive director of the Solana Foundation, pushed back against accusations that the Solana network is not decentralized, arguing that the capacity to coordinate a patch does not indicate that the network is centralized. The specifics of a serious vulnerability that

September 3, 2024 2 mins read

Justin Sun Announces 100% Onchain Buyback and Burn for SunPump

Tron founder Justin Sun has stated that the SunPump meme token community has chosen to implement a 100% onchain buyback and burn operation. The decision was reached after a community debate that shifted focus away from burning liquidity pool (LP) tokens, as stated in Sun’s post on X. The principle

September 3, 2024 2 mins read

MANTRA (OM) Price Prediction 2024, 2025, 2026-2030

In this MANTRA (OM) price prediction 2024, 2025-2030,  we will analyze the price patterns of OM by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION MANTRA (OM) Current Market Status What is MANTRA (OM)? MANTRA (OM)) 24H Technicals MANTRA (OM)

September 3, 2024 7 mins read