Author: News Room
Parallel, a science fiction trading card game with support for non-fungible tokens (NFTs), is coming to Epic Games Store following its latest $35 million funding. The developers of Parallel announced on the project’s X account on Apr. 3 that the NFT card game will be added to the lineup of video games available on the Epic Games Store (EGS) marketplace. Although a specific timeline wasn’t provided, the developers mentioned that the integration would enable players to download the game directly from the EGS platform, adding that players can already wishlist the game. Parallel is Coming to Epic Games Store!Soon you’ll…
VanEck’s comprehensive blog post, written by Patrick Bush and Matthew Sigel and published on April 3, 2024, takes a deep dive into the world of Ethereum Layer-2 (L2) solutions. The post provides an in-depth analysis of the role, types, revenue models, cost structures, and competitive differentiation of these networks. Additionally, VanEck presents its valuation prediction for Ethereum L2s by 2030, offering a glimpse into the potential future of these scaling solutions. According to VanEck, the emergence of Layer-2 solutions is a direct response to Ethereum’s scalability challenges. As the demand for transactions on the Ethereum network continues to grow, L2s…
Meme coins, fueled by online communities and social media hype, have outshone all other crypto sectors in Q1 2024, according to CoinGecko’s latest report. CoinGecko, one of the leading crypto market data providers, released a detailed report on April 3, 2024. This report, titled “Top Crypto Narratives Gained 39% to 1313% in Q1 2024,” explores the significant gains made by some top crypto narratives during the first quarter of the year. BRETT, BOME, and MEW Led the Meme Coins Frenzy With an average return of 1,312.6% across its top tokens, meme coins have captured the playful parts of investors and…
After years of operating without a board, Binance recently established its first board of directors, chaired by a former diplomat from Barbados. The cryptocurrency exchange still lacks a global headquarters. Some critics argue that the board members do not possess the necessary experience for an organization like Binance. Binance Remains Without Global Headquarters Binance recently […] Read the full article here
Meme coins may have managed to capture the imaginations of investors but have also suffered greatly due to last year’s market downturn. However, this sector is seeing a resurgence as data shows growing interest and participation from retail investors amidst a widespread recovery in crypto assets. Meme Coin Frenzy Continues The number of addresses holding meme coins for under thirty days hit a record high last month, according to the latest analysis shared by IntoTheBlock. This uptick serves as a clear indicator of a massive inflow of new traders entering the market and engaging in buying meme coins. The number of…
CoinGecko analysts found that, on average, Bitcoin’s value skyrocketed following its previous halving cycles. According to the report, after each mining reward was halved, the Bitcoin (BTC) rate increased by an average of 3,230%. The first halving, dated Nov. 28, 2012, reduced the reward from 50 BTC to 25 BTC. Within 12 months of the halving, the asset’s value rose from $12 to $1,075. Over the year, the rate jumped by 8,858%. By January 2022, the inflation rate changed from 25.7% to 12%. The second halving occurred on July 9, 2016, when the reward for mining a block was reduced…
In a notable development in the world of crypto, SPACE ID has partnered with CyberConnect. SPACE ID is excited to popularize a revolutionary modular Layer 2 platform that innovates the way people can engage socially and contribute to on-chain mass adoption. The partnership will have a significant impact on the development of the decentralized world. 📢 Teaming up with @CyberConnectHQ to transform social experiences & drive Web3 adoption!Read on for Partnership and Ecosystem Airdrop details 👀 Blog post: https://t.co/I3x8d7lgUL — SPACE ID (@SpaceIDProtocol) April 4, 2024 SPACE ID Backs Cyber L2 for Enhanced On-Chain Transactions Firstly, the migration of CyberID…
Shiba Inu can record substantial price growth if it secures a spot Shiba Inu ETF capable of attracting at least 10% of inflows witnessed by the spot BTC ETF products. The Bitcoin market has benefited massively from the public trading of the spot BTC ETF products approved by the U.S. SEC two months back. These investment vehicles have attracted inflows from traditional institutions, resulting in BTC reaching new heights before its halving. Amid the success of the spot Bitcoin ETFs, several crypto communities have clamored to see their native tokens secure a similar investment product. Ethereum (ETH) is on the…
Binance, one of the leading cryptocurrency exchanges, is preparing to introduce Saga (SAGA) on the Launchpool platform and offers users the opportunity to participate in token farming by staking BNB and FDUSD. Binance Launches Saga (SAGA) on Launchpool The launch of Saga (SAGA) will be the 51st project to be hosted on Binance Launchpool and demonstrates the platform’s commitment to driving innovation in the cryptocurrency ecosystem. Users can expect Saga (SAGA) trading to begin at 17:00 on April 9, 2024, with Binance being the first platform to list the token. Excited about the addition of Saga (SAGA), Binance announced that…
In its statement, cryptocurrency analysis company Santiment compiled the altcoins that are currently on the agenda of the crypto market and are the most talked about by the community. According to the data recorded by Santiment analysts, the list of currently trending crypto assets is as follows: Wormhole (W): According to analysts, W ranks first on the list of the most trending altcoins of the day. This popularity is due to the airdrop of $ 670 million of the altcoin, which was launched today and is listed on major cryptocurrency exchanges including Binance. Ethena (ENA): ENA, which is a new…