After the recent hack of Axie Infinity’s sidechain, funds may shift more toward SAND The Sandbox is one of the fastest-growing play-to-earn gaming platforms, with rising user activity. Axie Infinity is a major play-to-earn platform known for one of crypto’s most valuable NFT collections. Although both projects are solid investments, AXS could underperform SAND following … Read more
Over the past six weeks XRP has risen but remains trapped below a key descending trendline. Whales continue to exit positions amid signs of a short-term price rally. A market rally led by Bitcoin could still support a reversal if XRP climbs to $2.56. Recent price action for XRP shows signs of recovery, but a … Read more
The cryptocurrency market fell 3.6% over the past 24 hours, with a total market capitalization of $3.3 trillion. Major altcoins, including Ethereum, XRP and Solana, showed resilience despite modest declines. That resilience has lifted investor sentiment, especially after the recent $1.4 billion hack of Bybit — the largest cyber heist in cryptocurrency history. As traders … Read more
The protocol aims to create a free port where users can trade tokenized items for real-world products. Boson Protocol announced yesterday that it has purchased a virtual land parcel in Decentraland in a six-figure transaction. The protocol operates by automating digital-to-physical redemptions using non-fungible tokens (NFTs) designed with game theory principles. Decentraland is a virtual … Read more
The halving is one of the most important mechanisms that governs the systems behind major cryptocurrencies functioning as digital money. It is a scheduled, programmed event that occurs approximately every four years for Bitcoin, Bitcoin Cash, Litecoin and other cryptocurrencies. Today the automated halving took place on the Litecoin network, reducing block rewards by half … Read more
Major cryptocurrency figures reacted to recent hacks of the U.S. Treasury, arguing Bitcoin is a safer alternative to the current financial system Leading cryptocurrency advocates were quick to respond after reports emerged that hackers had breached parts of the U.S. Treasury. Supporters claimed that a scenario like this could never occur with Bitcoin due to … Read more
RSI is now at 67.13, approaching overbought territory. Awesome Oscillator has turned positive for the first time since January. FLR has broken resistance at $0.016. Flare (FLR) has emerged as one of the strongest performers in the altcoin market this week, surging 57% over the past seven days to reach a new local high of … Read more
Ripple CEO Brad Garlinghouse recently appeared on CNBC’s Squawk Box to discuss Facebook’s proposed digital currency, Libra. Garlinghouse said the intense attention Libra has generated could ultimately benefit the future of finance, despite the harsh rhetoric and widespread criticism directed at Facebook: On a macro level, I think it was good for the world because … Read more
The acquisition is Kraken’s fifth this year and, according to the company, has contributed to a 950 percent growth so far this year. Cryptocurrency exchange Kraken announced on Tuesday that it has completed the acquisition of Staked, a U.S.-based non-custodial crypto staking platform. While the company did not disclose detailed financial terms, it described the … Read more
Bitwise has reiterated its optimistic forecast that Bitcoin will reach $200,000 by the end of the year. Bitwise said several of its December 2024 predictions for 2025 remain on track. The firm is less certain about the outlook for Ethereum and Solana, both of which have underperformed this year. Midway through 2025, digital asset manager … Read more