Briefly the floor prices of a number of NFT collections have significantly decreased in the past 24 hours. Among the most significant failures are NFTs starting from the Azuki biological system. The floor for Yuga Labs’ HV-MTL NFTs has likewise come around more than 24% since Friday and is only a fourth of its level…
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Briefly the largest mass expiration in months will see almost $5 billion worth of Bitcoin options expire today, potentially causing market volatility. The put/call ratio is 0.56, indicating a bullish market sentiment because there are nearly twice as many long contracts as short contracts. On June 30, Ethereum options worth approximately $2.3 billion will also…
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The SEC identified those assets as securities in cases against Coinbase and Binance. On June 28, the United Kingdom’s Revolut, a fintech company, sent an email to users based in the United States informing them that it would no longer be supporting three major cryptocurrencies. Cardano (ADA), Polygon (MATIC), and Solana (SOL) will no longer…
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Briefly iPhone security features, such as locked folders and third-party apps, have the potential to safeguard crypto private keys. Private key storage in the cloud, such as on Google Drive or iCloud, poses inherent security risks despite the convenience. Hardware wallets are still the safest way to store crypto private keys because they keep the…
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Briefly Vipkhoone data indicate that despite fears of a Russian coup, the price of Bitcoin remained close to $31,000. Ethereum and other digital assets are rising, and it appears that other digital assets are unconcerned about the events at the Kremlin as well. According to President Putin, the events would result in serious consequences and…
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Briefly dozens of Chinese nationals allegedly involved in illegal cryptocurrency mining operations have been detained by Libyan authorities. Despite the fact that crypto mining is restricted in the nation, Libya’s modest power has drawn in excavators in any case. The government of Libya has attributed the high energy consumption of the national electricity network to…
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Briefly on June 25, 2023, the significant date that marks the five-year anniversary of TRON’s MainNet launch, a prominent blockchain platform. TRON DAO has stated its future goal of the blockchain becoming “a free port within the metaverse.” The organization intends to support projects like the USDD stablecoin to further its commitment to decentralization. Today…
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Briefly MicroStrategy co-founder and self-described Bitcoin maximalist Michael Saylor believes that the value of Bitcoin will continue to rise. Saylor dismisses other cryptocurrencies, arguing that Bitcoin is the only institutional-grade investable asset in the crypto space. The tech entrepreneur also commends the SEC’s recent cryptocurrency guidance. Michael Saylor, co-founder of MicroStrategy and well-known Bitcoin maximalist,…
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As a result of marketplaces competing for a smaller pool of traders and investors, NFT liquidity has decreased. Over the past three months, daily NFT trade volume has been steadily decreasing. NFT marketplaces are increasing the incentives they offer to keep traders on their platforms to address this issue. As marketplaces compete fiercely for a…
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Briefly Hong Kong’s progress in developing a stablecoin regulatory framework suggests a shift in China’s crypto policy. Even Coinbase and other international cryptocurrency exchanges were invited to register in Hong Kong by a legislator. Central area China’s white paper on Web 3.0 development further recommends a likely lift of the Chinese prohibition on crypto. China…
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