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…
Ecosystem
Bybit Advocates Blockchain Ecosystem Expansion at Solana Breakpoint
Dubai, United Arab Emirates, October 10th, 2024, Chainwire At the recent Solana Breakpoint event, Ben Zhou, CEO and Co-Founder of Bybit, highlighted the company's commitment to advancing decentralized ecosystems, with a special focus on Solana. During a fireside chat with Lily Liu, President of Solana Foundation, Zhou elaborated on Bybit’s role as a key infrastructure player, emphasizing the exchange's support for enabling blockchain ecosystems to thrive. Infrastructure, Not Competition Zhou detailed how Bybit differs from other exchanges by positioning itself as an…
8 months ago
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EcosystemChainGPT Secures #1 Ranking for “Top User Growth” on DappBay as Ecosystem Momentum Accelerates
ChainGPT, a leader in Web3-AI technology, has achieved another milestone by securing the #1 position on DappBay’s "Top User Growth" list in early October 2024. DappBay, a popular platform by BNB Chain, tracks and ranks decentralized applications based on their performance and user engagement, offering a comprehensive view of the most popular DApps in the ecosystem. This recognition underscores ChainGPT's expanding influence and rapid user adoption, driven by a strong lineup of Web3-AI products and strategic partnerships. Since the year's…
8 months ago
Bybit and Nordic Blockchain Association Collaborate to Drive Innovation in the Nordic Blockchain Ecosystem
Dubai, United Arab Emirates, October 8th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced a strategic partnership with the Nordic Blockchain Association (NBA), the driving force behind the largest blockchain and Web3 conference in the Nordics. This collaboration aims to strengthen ties within the regional ecosystem while fostering international partnerships that will drive innovation and growth across the industry. The partnership comes at a pivotal time as the NBA continues its efforts to build a cohesive…
8 months ago
VENKO Achieves Key Milestones and Expands Utility with Alien-Themed Ecosystem on Solana
Dubai, Dubai, October 7th, 2024, Chainwire VENKO, an alien-themed meme coin launched on the Solana blockchain, has seen early traction with notable achievements, including listings on CoinMarketCap and CoinGecko and an all-time high market capitalization of nearly $3 million on Raydium. Aims to stand out in the competitive meme coin landscape, VENKO integrates its extraterrestrial theme with planned utility-driven platforms such as Alienium and UAPsnap. Unique Concept and Growing Ecosystem While VENKO draws inspiration from successful meme coins like DOGE, SHIB,…
8 months ago
Bybit Expands Ecosystem Token Pools with SUI on Launchpool
Dubai, United Arab Emi, October 7th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce the expansion of its Launchpool platform with the introduction of ecosystem token pools. Building on the success of earlier integrations such as Mantle, Bybit Launchpool now supports the SUI pool, marking a significant step towards broader ecosystem support and offering more targeted opportunities for token holders. This new initiative reflects Bybit’s long-term commitment to fostering blockchain ecosystems. The inclusion…
8 months ago
ETH Holders Explore Their Ecosystem And Find Hiden 100x Gem Mpeppe, A GameFi Takeover
As Ethereum (ETH) holders explore the broader ecosystem in search of the next big investment, many are discovering Mpeppe (MPEPE), an AI-driven gambling token with massive potential. With predictions of a 100x increase, Mpeppe (MPEPE) is quickly becoming a standout project within the Ethereum (ETH) ecosystem, especially in the growing GameFi sector. The Role of DeFi in Mpeppe’s (MPEPE) Tokenomics One of the standout features of Mpeppe (MPEPE) is its integration with decentralized finance (DeFi) protocols. Built on the Ethereum…
8 months ago
Memecoin Mania Returns: Dogecoin (DOGE) & Shiba Inu (SHIB) Investors Set Sights on AI Dating Meme GoodEgg (GEGG), Let’s Break Down the Ecosystem
The memecoin market is heating up once again, with investors in Dogecoin (DOGE) and Shiba Inu (SHIB) eyeing a new player in the space: GoodEgg (GEGG). As memecoin mania returns, the shift toward tokens with innovative ecosystems is becoming apparent. GoodEgg, an AI-powered dating platform with a unique Play-to-Date model, is making waves in the market and drawing attention from both Dogecoin (DOGE) and SHIB investors. The Rise of GoodEgg (GEGG) GoodEgg (GEGG) is quickly rising in popularity. The AI-powered…
8 months ago
Ethereum Whale Capitalizes On The ETH Ecosystem By Injecting $300k Into New AI Casino ICO Mpeppe (MPEPE)
In a bold move that underscores the growing synergy between cryptocurrency and the online gambling industry, a prominent Ethereum (ETH) whale has injected a substantial $300,000 into the newly launched AI casino Initial Coin Offering (ICO) Mpeppe (MPEPE). This strategic investment not only highlights the potential of Mpeppe (MPEPE) but also reinforces the pivotal role Ethereum (ETH) plays in powering innovative blockchain solutions. Leveraging Ethereum's Robust Ecosystem Ethereum (ETH) has long been the backbone of decentralized applications, and Mpeppe (MPEPE)…
8 months ago
MatrixPort and exSat establish Comprehensive Strategic Partnership to Drive Bitcoin Ecosystem Innovation
Singapore, Singapore, September 18th, 2024, Chainwire MatrixPort, a leading digital asset financial services platform and exSat, a breakthrough Bitcoin scalability solution, have entered into a comprehensive strategic partnership. By leveraging their respective strengths, they aim to accelerate the growth and application of the Bitcoin ecosystem, marking the start of a new era in Bitcoin development. MatrixPort, a global one-stop digital asset financial services platform, brings extensive industry experience, robust technology, and a large user base to offer secure, convenient, and…
9 months ago