Los Angeles-based video game developer, Space Nation, has garnered significant attention for its upcoming release. This highly anticipated massively multiplayer online (MMO) game promises a groundbreaking personalized gaming experience by leveraging generative AI and Web3 elements. Founded in 2019 by industry veterans Jerome Wu and Tony Tang, Space Nation is on a mission to create
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In a move towards gaining approval for a spot Ethereum exchange-traded fund (ETF), Ark Invest and 21Shares recently submitted an amended joint application, as revealed in a Feb. 7 S-1 filing. While some positive progress has been made, challenges lie ahead, and the ultimate decision from the U.S. Securities and Exchange Commission (SEC) is eagerly
Ethereum (ETH) has recently achieved a significant milestone in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This development marks a crucial step towards implementing the upgrade on the mainnet, thereby improving transaction efficiency, scalability, and reducing transaction fees by up to 90%. In response to this
The recent price stagnation of Cardano (ADA) may be discouraging to some investors, but the blockchain’s behind-the-scenes activity tells a different story. Cardano’s transaction volumes and wallet addresses have been steadily increasing, indicating a growing interest and adoption of the network. This surge in activity has prompted analysts to examine the potential future growth of
In the world of cryptocurrency, blue-chip markets such as Bitcoin (BTC) and Ether (ETH) are known to provide steady growth and long-term investment opportunities. However, for investors seeking quicker gains and exponential returns, the top crypto gainers on DEXTools have become a popular choice. While BTC recently reached new one-week highs and ETH surpassed $2,400
Chainlink’s LINK token has experienced an astonishing surge of 38% since late January, pushing it to a 24-month peak. This surge has propelled its market cap to an impressive $10 billion. The sudden increase in value has caught the attention of crypto whales, who have been accumulating over $50 million worth of LINK tokens in
Bitcoin has been experiencing a period of sideways movement since mid-January, when its price broke out of an upward channel. However, this phase of stagnation could soon come to an end, as signaled by the Bollinger Band Width (BBW) indicator. The BBW measures the divergence or convergence of the Bollinger Bands, which consist of an
The cryptocurrency community has been abuzz with the emergence of ERC404, a token standard that combines features from both ERC20 and ERC721 standards. In its first week, ERC404 recorded an impressive trading volume of $87 million on decentralized exchanges, with nearly $1 million worth of ERC404 tokens being traded on NFT marketplaces. This experimental standard,
The crypto market is no stranger to meme coins, but Sponge is making waves with its remarkable performance. After its $SPONGE V2 relaunch on Polygon, the newcomer meme coin has gained significant traction, surging by 69% in the last 24 hours. This article examines Sponge’s journey, explores its strategic pivot, and outlines the immense potential
Dogecoin, the original meme cryptocurrency, has shown resistance at the $0.08 level despite a temporary breakout. While its price movement may not align with the broader crypto market, the network continues to experience growth across various metrics. This article delves into the network expansion, performance compared to other meme cryptocurrencies, recent developments with SpaceX, and
Institutional investors are increasingly gravitating towards digital asset investment products, with Bitcoin and Solana leading the way. According to a CoinShares report, Bitcoin witnessed significant inflows, totaling $703 million last week, accounting for 99% of all flows into these investment products. Solana, although trailing behind, still managed to secure an impressive inflow of $13 million,
The largest cryptocurrency exchange by trading volume, Binance, has recently announced that it will be delisting Monero (XMR) and Multichain’s token (MULTI) by February 20th. In addition to these two digital assets, Binance has also decided to remove other tokens such as Aragon (ANT) and VAI (VAI) from several of its products, citing the failure
In the world of Web3, registering decentralized domain names has become significantly easier. Thanks to the recent collaboration between GoDaddy and Ethereum Name Service (ENS), users now have the ability to seamlessly connect their .eth domains with traditional DNS top-level domains at no additional cost. ENS, also known as Ethereum Name Service, operates as a
In a statement released on February 5th, Grayscale CEO Michael Sonnenshein emphasized the importance of regulators approving spot Bitcoin exchange-traded fund (ETF) options. Sonnenshein highlighted that although the Grayscale Bitcoin Trust (GBTC) has been available to the public since 2015, it currently lacks listed options, as they are not offered in the Over-The-Counter (OTC) market.