Month: August 2024

Trump’s World Liberty Financial Launches ‘Epic’ Meme Contest as Telegram Channel Hits 100K Members

by

The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has been shrouded in secrecy for quite a while, has now revealed another development—the launch of an “epic meme contest.” The news broke on the social media platform X, where the World Liberty Financial account shared, “To celebrate President Trump’s tweet about us yesterday, … Read more

Forget Airline Miles: Are Crypto Casinos Like Cloudbet Reinventing the Rewards Game?

by

For decades, loyalty programs have been a staple of customer retention strategies across various industries. From airline miles to hotel points, these programs have promised consumers a tangible return for their loyalty. But as the digital landscape evolves, a new breed of loyalty programs is emerging, particularly within the burgeoning world of crypto casinos and … Read more

Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

by

According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally, ultrasound.money data reveals that Ethereum’s issuance rate is currently inflationary, clocking … Read more

Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip

by

While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sales Drop 4.3%, But Buyer and Seller Participation Increased This past week, NFT sales were rather … Read more

Shiba Inu and Solana React Positively Amid Broader Correction – This Presale Token Becomes A New Favorite

by

The crypto market took another downturn after Bitcoin (BTC) fell below $60,000. This time, Shiba Inu (SHIB) and Solana (SOL) reacted positively, showing strength and defying bearish trends. At the same time, DTX Exchange (DTX), the latest ICO sensation, has become an investor favorite. Its novelty as a bridge between DeFi and TradFi and significant … Read more

Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million

by

Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million. At the same time, despite a trading volume of $173.66 million, ether ETFs saw no net gains or losses on Friday. Bitcoin ETFs Lose $175 Million; Ether ETFs Show No Change Bitcoin ETFs experienced another setback on Friday, … Read more