Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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TestnetLEVR Bet Announces Testnet Launch of the First Leveraged Sports Book on Monad
San Jose, Costa Rica, September 12th, 2024, Chainwire LEVR Bet is the World’s First Leveraged Sports Book Exchange, Backed by Third Earth Capital, FunFair Ventures, Big Brain Holdings, Varys Capital and Other Major Investors LEVR Bet, the world’s first Decentralized Leveraged Sports Book Exchange, announced the testnet launch of its decentralized platform on Monad, the ultra-high-performance EVM-compatible layer-1 blockchain. A major question facing the crypto sector is how to onboard the next billion users by demonstrating Web3’s significant advantages over…
10 months ago
Bybit Report Reveals Liquid Staking as a Driver for Solana’s Growth
Dubai, United Arab Emirates, September 12th, 2024, Chainwire A new report by Bybit, the world’s second-largest cryptocurrency exchange by trading volume, reveals the Solana blockchain is having a break-through moment driven by its liquid staking model. This report examines the current state of liquid staking on Solana—particularly exchange-launched liquid-staked SOL, key players in the space, and why and how the liquid staking model is poised to mobilize the masses to the Solana ecosystem. The leading proof-of-stake blockchain has been a…
10 months ago
The Tie Launches Polkadot Ecosystem Dashboard on The Tie Terminal
Boston, Mass, September 12th, 2024, Chainwire New Dashboard Provides Institutional Clients with In-Depth Insights into the Polkadot Ecosystem The Tie, a leading provider of market data, news, and analytics for digital assets, launches the Polkadot Ecosystem Dashboard enabling institutional clients to access a comprehensive suite of analytics for Polkadot-based assets. The Polkadot Ecosystem Dashboard offers a deep dive into essential metrics and insights, enabling users to understand key aspects of the network's performance and usage. By accessing Polkadot blockchain data…
10 months ago
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Web3Unite and Aethir Team Up to Enhance Cloud Infrastructure for Web3 Mobile Game Developers
Singapore, Singapore, September 12th, 2024, Chainwire Aethir, a distributed GPU cloud computing innovator, is teaming up with Unite, a leading Layer 3 chain solution for mass-market mobile games, to empower developers and streamline Web3 game development. By leveraging Aethir’s advanced cloud technology alongside Unite’s L3 chain solution and game development framework, this partnership enhances scalability, performance, and accessibility for Web3 mobile games. Aethir’s cloud solutions enable mobile game publishers to deliver high-performance gaming experiences, regardless of players’ device limitations. As…
10 months ago
Particle Network Integrates Elastos Mainnet, Enabling Web2 Logins And Gasless Transactions
Singapore, Asia, September 12th, 2024, Chainwire Since announcing their partnership at Bitcoin Nashville, Elastos and Particle Network have quickly reached a key milestone in simplifying user onboarding.Developers can now build dApps that make it easier for Web2 users to get started, expanding adoption. Elastos, a SmartWeb ecosystem provider, today announced that Particle Network, an L1 blockchain aggregator, has integrated the Elastos Smart Chain (ESC) Mainnet. This marks the first major milestone since their partnership announcement at Bitcoin Nashville 2024. The…
10 months ago
Super Champs Launches L3 Chain on Base, Creates Open Builder Platform for Scaled Web3 Games Franchise
Palo Alto, CA, September 12th, 2024, Chainwire Super Champs Chain will Accelerate Growth with New Games from Builders; Super Champs already the Top Gaming Ecosystem on Base with Two Live Games and More to Come The Super Champs Protocol Foundation is excited to announce the launch of the Super Champs Chain – a cutting edge gaming optimized L3 that rolls up to the Base blockchain from Coinbase. Built on the web3 game publishing platform and protocol from Joyride Games, the…
10 months ago
Granite Launches as First-of-its-Kind Bitcoin DeFi Liquidity Protocol Prioritizing Security and Trust
Cayman Islands, Cayman Islands, September 12th, 2024, Chainwire The first-of-its-kind DeFi liquidity protocol focusing on redefining trust and security for DeFi Granite, a groundbreaking Bitcoin DeFi liquidity protocol that empowers users with unprecedented security and control over their Bitcoin assets, today announced its launch. Incubated by Trust Machines, Granite represents a significant evolution in the DeFi landscape, setting new standards for transparency and user-centric financial services – all backed by the power of Bitcoin L2s. Granite enables BTC users to…
10 months ago
Stocks Up, Bitcoin And Altcoins To Explode Next? 5 Next Cryptos To Explode
Cryptos have a history of sharp price movements, and when the stock market does well, it often increases investors' confidence in other areas, like crypto. With the right market conditions, some cryptocurrencies could see massive growth soon. And as the stock market continues to rise, many investors are looking at cryptocurrencies for their next big opportunity. In this guide, we’ll explore five cryptocurrencies that are expected to explode next, including popular cryptocurrencies like Bitcoin and Ethereum and altcoins like Crypto…
10 months ago
New UK Bill to Legally Define Crypto Assets as Personal Property
The UK government has introduced the Property (Digital Assets etc) Bill to Parliament, proposing a significant shift in how digital assets are treated under the law. Digital Assets as Personal Property Presented on September 11, 2024, the bill seeks to categorize these digital holdings as personal property, a move that aims to provide legal clarity and protections for asset holders. Under the new legislation, digital assets such as cryptocurrencies, NFTs, and even carbon credits would be considered personal property under…
10 months ago