We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
What Factors Determine the Success of Bitcoin ETFs? Ophelia Snyder, President of 21Shares, suggests that despite the initial success of Bitcoin ETFs this year, the market is likely to see only three to five winners emerge due to a significant gap between major issuers and smaller players. Snyder elaborates on the factors influencing the success…
Amidst its prominent position as Solana’s premier perpetual swap futures exchange, Drift Protocol has initiated its own points program in January, designed to provide rewards for users in anticipation of an upcoming airdrop. Rewarding User Engagement Under Drift Protocol’s points program, users are allocated points on a weekly basis, contingent upon their trading volume. This…
Optimism, a Layer 2 network, has announced its fourth airdrop initiative, which is specifically tailored to reward web3 artists. According to an official statement, the airdrop has distributed 10,343,757.81 OP tokens, valued at approximately $40.8 million, to 22,998 different addresses. Users are granted the opportunity to claim these tokens until February 13, 2025. In a…
In the past 24 hours, Filecoin (FIL) has unexpectedly surged, marking a price recovery of over 10%. This sudden uptick has thrust the altcoin into the spotlight after it previously lagged behind the broader crypto market rebound. As a result, the altcoin has garnered increased attention from investors and analysts alike. In light of Filecoin’s…
In a remarkable display of confidence and enthusiasm, Blast, an Ethereum layer-2 scaling solution, has witnessed an extraordinary influx of stakes during its ongoing presale phase. With over 145,000 users collectively staking a staggering $1.9 billion, the project has captured the attention of the crypto community, signaling a significant vote of confidence in its potential….
In late January, Magic Eden, an NFT marketplace, introduced its rewards program after a year of meticulous planning. The program, referred to as the Diamond rewards program, aims to give back to Magic Eden’s original users, collectors, and creators. It operates on a points basis, promising airdrop tokens to participants. These rewards will be distributed…
In the dynamic landscape of blockchain ecosystems, the rivalry between Magic Eden and its Solana counterpart, Tensor, has taken an intriguing turn with the tantalizing prospect of an impending airdrop. As anticipation mounts, Tensor’s strategic move into rewarding territory is poised to reshape the competitive landscape and attract a wave of eager participants. The Prelude…
summary MetaMask and Blockaid collaborate to develop a privacy-preserving module for Web3 security. The partnership addresses concerns about data privacy and security in the decentralized web ecosystem. The module aims to enhance security by leveraging advanced cryptographic techniques and decentralized technologies. Features of the module include enhanced encryption protocols and decentralized identity solutions. The collaboration…
On February 14th, Genesis obtained approval from a bankruptcy judge to sell off around £1.3 billion worth of GBTC to repay creditors. According to cryptocurrency exchange Coinbase, the authorization granted to bankrupt crypto lending firm Genesis to sell its shares of Grayscale Bitcoin Trust (GBTC) is unlikely to disrupt the cryptocurrency market. Coinbase asserts that…
Amidst Bitcoin (BTC) and Ether (ETH) experiencing volatility after reaching fresh multi-year highs earlier, investors are exploring alternative cryptocurrencies with more robust bullish trends in search of the top crypto to purchase today. Bitcoin briefly surged past $53,000 on Tuesday, while Ether momentarily reached a $3,000 threshold. However, both have retraced approximately 3%, with BTC…