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…
Blockchain
Bybit Web3, UCO Network, and Blockchain for Good Announce Collaborative “Blocks for Good” Bi-Weekly Series on X Spaces
Dubai, United Arab Emirates, May 9th, 2024, Chainwire Bybit, one of the world’s top three crypto exchanges by volume, today announced that Bybit Web3 joins forces with UCO Network (UCO) and Blockchain for Good (BGA) to co-host the "Blocks for Good" bi-weekly series on X Spaces. This exciting initiative delves into the critical intersection between blockchain technology and sustainability. "Blocks for Good" features insightful roundtable discussions with industry experts, thought leaders, and changemakers. The upcoming episode on Sunday, May 12th,…
1 year ago
How Blockchain Is Revolutionizing Sports: Exclusive Insights from Chiliz CEO Alex Dreyfus
Welcome to the latest edition of the GoCrypto interview series with Mike Ermolaev, made possible by GoMining. Here we’re delving deep into an exclusive conversation with Alex Dreyfus, who turned his vision into reality with Chiliz and Socios.com, sparking a new era where fans hold more than just passion for their teams—they hold influence too. With his deep-rooted expertise from over 27 years as a digital entrepreneur, Alex has consistently stayed ahead of tech trends. Keeping his eyes on pushing…
1 year ago
peaq Blockchain Integration Marks Milestone for Synternet’s Data Layer Evolution
Image: Synternet x peaq Synternet integrates peaq, a Layer 1 blockchain, as a Publisher on its Data Layer. This enables developers on the network to build innovative DApps that solve real-world problems. Synternet, a blockchain data infrastructure, announced the integration of peaq, a blockchain designed to be the go-to backbone for DePIN and Machine RWAs, as a Publisher on its data layer. The integration will unlock various real-world use cases on Synternet, allowing the development of event-driven applications on the…
1 year ago
Online Gambling Is Gaining Popularity, But Without Blockchain Tech The Players Are At Risk
Source: Midjourney There has always been a strong appeal toward games of chance, and the hope of winning big. While physical casinos still exist, they are few and far between, and the true rising of gambling excitement has happened online. After the field of sports betting was legalized at the US federal level in 2018, a number of online sports betting, lotteries, and casinos began to open up with unique new offerings and older classics. The individual states still have…
1 year ago
Demystifying VeChainThor: A Blockchain for Real-World Challenges
VeChainThor leads in blockchain for real-world use, with top-notch security and scalability. Its partnerships with UFC and Walmart China highlight its practical applications. VeChainThor is a trendsetter that focuses on practical applications rather than just financial transactions. It provides upgraded security, scalability, transparency, and interoperability, so it is a serious player in the blockchain field. This platform has the capabilities to provide forged proofs, scalability, transparency, and interoperability; therefore, possessing it as a competitive member in the blockchain market is…
1 year ago
Apu Apustaja Embarks on Its Journey as a New Memecoin on the Ethereum Blockchain
[PRESS RELEASE – Arizona, United States, May 7th, 2024] Apu Apustaja, the widely recognized internet meme, has expanded its influence into the cryptocurrency market by transitioning into a memecoin. Known for its extensive popularity online, Apu now seeks to establish its presence on the Ethereum blockchain. On March 11th, 2024, Apu Apustaja was officially launched as a cryptocurrency, marking its entry into the digital currency space. This launch represents a significant development for the meme, supported by a strong community…
1 year ago
Football Legends Back Blockchain Sports’ Groundbreaking Athlete Tokenization Initiative
[PRESS RELEASE – Dubai, UAE, May 3rd, 2024] Blockchain Sports, an international sports project, leverages cutting-edge technologies including IoT, AI, VR, and blockchain to innovate the global football industry. The initiative was introduced at a significant event at the Coca-Cola Arena in Dubai, drawing an audience of over 5000 attendees. The project has garnered the support of renowned football veterans such as Kevin Kuranyi, Zico, Romario, David Trezeguet, Wesley Sneijder, and Marco Materazzi, who serve as ambassadors and curators, enhancing…
1 year ago
DeFi Token Worth $0.04 Becomes Top Choice for Tron & Optimism Investors With 100X Upside & Layer 1 Blockchain
The post DeFi Token Worth $0.04 Becomes Top Choice for Tron & Optimism Investors With 100X Upside & Layer 1 Blockchain appeared first on Coinpedia Fintech News The world of Decentralized Finance (DeFi) can be intimidating for newcomers. Navigating complex protocols and identifying trustworthy projects can be a daunting task. This article explores a potential safe crypto buy for beginners – a DeFi token generating significant buzz within the cryptocurrency community, particularly among investors familiar with established platforms like Tron…
1 year ago
a16z Partner Questions Favoritism Towards Meme Coins Over Blockchain Innovation
While meme coins have seen a massive resurgence this year, this has raised concerns for certain industry players. Chris Dixon – a general partner at Andreessen Horowitz (a16z) – has expressed concern over the US regulatory system, questioning why meme coins were allowed to thrive while cryptocurrency companies and blockchain tokens with useful applications “get stuck in regulatory purgatory” due to potential classification as securities. Trapped in “Regulatory Purgatory” While delving into the resurgence of meme coins and the regulatory…
1 year ago