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“# The Metaverse is a $1T opportunity after users increase 10X: Grayscale report ” Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating that the “market opportunity” for bringing the Metaverse to the mainstream may be worth over $1 trillion in the next few years. The November report titled “The Metaverse,…
“# Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support ” Bitcoin’s (BTC) recent foray back below $56,000 sparked a wide-ranging sell-off across the cryptocurrency ecosystem and talks of the price hitting $100,000 by the end of the year quickly morphed into concerns about an impending bear market that could thrust prices into the…
“# IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high ” In the past 30 years, the growth of the internet and digital technology has transformed the way the world operates and now artificial intelligence and machine learning continue to shift the balance of power away from physical labor and more toward a…
“# DeFi traders cry foul after only 0.015% of active ParaSwap wallets receive PSP tokens ” Airdrops are once again back in style following the recent five-figure token drop from the Ethereum Name Service protocol that kicked off a flurry of protocol engagements from hopeful crypto enthusiasts looking to get in on the next “crypto…
“# DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs ” Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed the price back above $66,000 and Ether hit a new all-time high at $4,793. The gains from the largest two…
“# Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains ” The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of…
“# Reactivated Ethereum pools trigger a 78% surge in THORChain price ” Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool,…
“# Altcoin Roundup: Holding Bitcoin? Here’s how to put it to work in DeFi ” The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock Exchange, thrusting the crypto asset into the limelight across mainstream news outlets and alternative media alike. Despite…
“# Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally ” AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks…
“# Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens ” Uniswap (UNI) prices staged a solid rebound after crashing last week in the wake of China’s decision to intensify its anti-Bitcoin and cryptocurrency rhetoric. UNI price gained 14.90% on Mon to reach an intraday high of $26.26….