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Meme Coin Communities Gear Up for the CoinMarketCap Crypto Awards

Dubai, UAE, February 26th, 2024, Chainwire CoinMarketCap’s Crypto Awards 2024, the first edition of a new annual event, is captivating the global crypto community. This is especially true for the Meme Coin Of The Year category, where voting has become a battleground for the most passionate and vibrant communities in

February 26, 2024 3 mins read

Binance Coin Defies Market Weakness, Traders Eye BNB To Hit $400

Shortly after Bitcoin tapped new 2024 highs near $53,000 this week, bearish forces reemerged to spark a consolidation pullback across crypto markets. However, top altcoins like Binance Coin (BNB) continue trending upward despite the turbulence, cementing impressive resilience. BNB has added over 60% in value just since December, when uncertainty

February 21, 2024 2 mins read

CoinMarketCap Announces Inaugural CMC Crypto Awards

The world’s most reliable source of cryptocurrency statistics, insights, and community, CoinMarketCap, has announced the first CMC Crypto Awards, which will take place online between February 21 and March 6. This yearly event will pay tribute to the outstanding individuals, products, and initiatives that have shaped Web3 and crypto, highlighting CoinMarketCap’s

February 21, 2024 1 min read

eBay Reportedly Cuts 30% Web3 Workforce Amid NFT Marketplace Struggle

E-commerce behemoth eBay reportedly intends to leave the NFT market no later than two years after purchasing KnownOrigin, an NFT marketplace based in Manchester. Sources close to the situation have revealed that roughly 30% of eBay’s Web3 crew has been let go. There has been some upheaval in eBay’s venture

February 20, 2024 1 min read

Crypto Market on the Rise; Top 3 Altcoin Picks for March 2024

In the midst of a bullish surge in the global cryptocurrency market, investors are eagerly eyeing potential altcoins for substantial gains. Bitcoin’s price has soared above $52,300, fueled by the excitement surrounding Bitcoin ETFs and the impending BTC halving, promising a significant rally in the market. Here’s a list of

February 19, 2024 2 mins read

New Crypto Dubbed the Next Solana Shoots up 400% as Wider Market Trends Turn Green

In the fast-paced world of cryptocurrencies, where trends shift rapidly and investors seek the next big opportunity, Retik Finance (RETIK) has emerged as a promising contender. For just two months since its inception in early December 2023, Retik Finance has seen an astonishing surge of over 400%, positioning itself as

February 19, 2024 5 mins read

Blackrock’s Bitcoin ETF Dominates Market with Record Inflows

The approval of Bitcoin ETFs has caused them to gain a great deal of interest. When compared to other recently introduced ETFs, Blackrock’s performance stands head and shoulders above the competition, with the most assets under management and net inflows. Market players are now expecting bigger inflows this year due

February 17, 2024 2 mins read

Crypto Exchange Bybit Witnesses Eightfold Market Share Growth

Despite the volatility in the cryptocurrency market, Bybit, which has over 20 million users and is among the top three exchanges globally in terms of volume, has grown remarkably in 2023. According to recent statistics from Kaiko, Bybit outperformed the other leading exchanges in terms of growth in spot market share,

February 15, 2024 1 min read

UK Financial Watchdog Continues Intense Scrutiny on Crypto Marketing

The financial watchdog in the United Kingdom warned 450 businesses in the last quarter of 2023 for unlawfully marketing cryptocurrency and urged those with the authority to do business with them to fulfill their obligations. Oct. 8 marked the beginning of the promotional guidelines set forth by the Financial Conduct

February 14, 2024 1 min read

Gary Gensler Highlights Bitcoin’s Ransomware Market Share Dominance

The chairman of the U.S SEC, Gary Gensler, said in an interview with CNBC today that Bitcoin accounts for the majority of ransomware. The asset and the industry as a whole have Gensler’s persistent disdain. This is despite the fact that eleven Spot Bitcoin ETFs were approved by the SEC

February 14, 2024 2 mins read