Author: News Room
Neo will have a presence at the upcoming Paris Blockchain Week conference, scheduled for April 9 – 11 at the Le Carrousel du Louvre in France. Neo founder Da Hongfei will deliver a keynote speech titled, “Rethink Layer 1”, while the Neo booth will feature a non-fungible item activation, leveraging the technology of ITEM Systems—a collaborative effort between community development entities COZ and AxLabs. NFI shirts The Neo booth will offer visitors a chance to engage in a hands-on creative process, allowing them to personalize an NFI-integrated t-shirt. Participants can express their artistic flair by customizing the shirt with fabric…
A meme coin inspired by U.S. President Joe Biden has surged over 70% today, reaching a market cap of $324 million. Jeo Boden (BODEN) is a satirical Solana meme coin that mocks Biden’s public persona and policy views. It features a website showing crude parodies of the U.S. president and heavily utilizes the Comic Sans font in its presentation, incorporating various memes. It also has a Trump-inspired counterpart called Doland Tremp (TREMP). Launched nearly a month ago, BODEN has surged almost 2,000% since its launch, mainly driven by the buzz around the upcoming U.S. Presidential election and the ongoing meme…
Ethereum shows signs of a bullish reversal, supported by DeFi sentiment and positive technical indicators. Despite initial losses, Ethereum’s price stabilizes around $3,379 with upward potential. The DeFi sector within Ethereum’s ecosystem rebounds, signaling growing confidence, with TVL surpassing $50 billion. The cryptocurrency market, especially Ethereum (ETH), is showing signs of a positive turnaround after initial setbacks, boosted by a strong sentiment in decentralized finance (DeFi) and favorable technical signals. ETH saw a decline, testing support around $3,200. Yet recent signals indicate a shift towards a more optimistic path, with Ethereum’s price hovering near $3,379 and displaying gradual upward movement,…
OKX is set to list the Zeus Network’s ZEUS token for spot trading today, enabling ZEUS/USDT trades. The integration aims to leverage Solana’s scalability with Bitcoin’s security, enhancing possibilities for decentralized applications (dApps) and secure financial services. The Zeus Network, which leverages the Solana blockchain for improved interoperability, has successfully raised $8 million in a seed funding round led by Mechanism Capital. The round saw participation from significant players like OKX Ventures and Animoca Ventures, and notable angel investors, including Solana’s Anatoly Yakovenko. The funding, aimed at developing a cross-chain infrastructure connecting Solana (SOL) with blockchains like Bitcoin (BTC) and…
Terra Classic Price: The Terra Classic (LUNC) recovery trend fails as the recent reversal from the dynamic resistance of the 20-day EMA aligns with the broader market sell-off. However, with the LUNC price sustaining above the 200-day EMA and the ascending support trendline, the altcoin projects a potential bounce back in the near future. Read the full article here
A cryptocurrency trader has managed to turn around $13,000 worth of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), into over $2 million by trading a little-known meme-inspired cryptocurrency on Coinbase’s Layer-2 network Base. According to on-chain analysis service the trader manage to turn the $13,000 into over $2 million in less than an hour after spotting Donotfomoew ($MEOW) on the network around 10 minutes after it started trading, and quickly spent 4 ETH to buy nearly 500 million tokens of the cryptocurrency. After the price of $MEOW started surging, the trader sold 111.65 million tokens for 99 ETH, worth…
Polygon (MATIC) shows signs of a complex pattern. This is highlighted by an increase in whale activity alongside a decrease in daily active addresses. This confluence of on-chain metrics points to mixed sentiment within the market. Polygon’s Mixed Signals Initially, there was a decline in the number of addresses holding substantial amounts of MATIC, dropping from 273 to 252 by March 30. However, this trend reversed in the following days, with the count increasing to 266 by April 3. This behavior indicates that whales are potentially “buying the dip,” a strategy that suggests optimism for MATIC’s price increase. Contrastingly, the…
PRESS RELEASE. UBXS, the token of Bixos, a groundbreaking Real World Asset (RWA) project designed to revolutionize the crypto industry and bridge the gap between traditional finance and the blockchain ecosystem, has attracted attention with a 500% increase in the latest RWA frenzy, according to CMC data. This data indicates that UBXS crypto investors consider […] Read the full article here
A veteran crypto trader thinks one Ethereum (ETH) rival is about to “turbo send.” The pseudonymous digital asset analyst known as Bluntz shares a chart with his 253,100 followers on the social media platform X that indicates the smart contract platform NEAR Protocol (NEAR) could jump past the $10.50 range. NEAR is trading at $6.67 at time of writing. The 23rd-ranked crypto asset by market cap is up nearly 7% in the past 24 hours. Bluntz also calls a trio of Solana (SOL)-based ecosystem altcoins “the holy trinity,” including the oracle solution Pyth Network (PYTH), the decentralized finance (DeFi) protocol…
Coinbase’s Layer 2 network – Base – has been dominating the L2 landscape. March has been particularly lucrative for the scaling solution gaining significant traction as a result of increased meme coin frenzy as well as airdrops in recent weeks. With approximately 890,000 daily active addresses, Base has yet again taken the lead, indicating a significant user base engagement, according to IntoTheBlock. ‘Base Spring’ The on-chain intelligence platform also found that Base’s transaction volume has surged past an impressive $1.6 billion mark, towering nearly threefold over Optimism’s figures. The network’s processing power echoed a similar bullish trend, having handled 2.63 million…