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
POPG to Expand Community-Driven Web3 Ecosystem
Dubai, United Arab Emirates, September 4th, 2024, Chainwire Since its official start at the end of July 2024, POPG has been focusing its efforts on nurturing a vibrant community of blockchain enthusiasts and people passionate about entertainment. Designed to solve real-world problems and offer a fresh take on how people engage with their favorite entertainment, the POPG Web3 ecosystem has three main projects in the pipeline: a rewarding VIP system called POP.VIP, a responsible iGaming platform named POP.GAME, and POP.LIVE,…
9 months ago
Tron Holders Dive Into New MPEPE Ecosystem As TRX Faces Resistance
As Tron (TRX) navigates a challenging market landscape, many of its holders are turning their attention to new opportunities, with the Mpeppe (MPEPE) ecosystem emerging as a significant alternative. Despite recent pullbacks, Tron (TRX) remains a strong contender in the crypto market, but the rising interest in Mpeppe (MPEPE) suggests that some investors are seeking diversification in the face of market resistance. Tron (TRX) Price Analysis: Current Market Conditions Tron (TRX) has shown resilience in recent weeks, with its price…
9 months ago
FATTY – The Next Big Thing in Web3 with $3M Funding and Growing Ecosystem
In the world of Web3 and crypto, staying ahead of the curve means being constantly informed and prepared for every change. The FATTY project, managed by Moon5 Labs and developed by CleevioX, is a good example of this innovation. With $3 million in recent funding and institutional investors on board, FATTY is set to redefine how people view crypto ecosystems. Their focus has been on ensuring that the FatBoy app's upcoming Test-to-Earn phase not only meets but exceeds expectations. These…
9 months ago
Dubai Legalizes Cryptocurrency Salaries: A Game-Changer for Crypto Ecosystem
The post Dubai Legalizes Cryptocurrency Salaries: A Game-Changer for Crypto Ecosystem appeared first on Coinpedia Fintech News The UAE judiciary is embracing the future, especially when it comes to cryptocurrencies. In a groundbreaking decision, the Dubai Court of First Instance has ruled that cryptocurrency can be a valid form of salary payment under employment contracts. This is a big deal and marks a significant shift in the United Arab Emirates’ (UAE) legal approach to digital currencies. The Case History In…
10 months ago
Pichi Finance Launches PCH Token on Gate.io and MEXC, Boosts Ecosystem Growth
Hong Kong, Hong Kong, August 16th, 2024, Chainwire Token Generation Event (TGE) will soon offer a revenue sharing mechanism Pichi Finance, a trustless points trading protocol offering price discovery to tokens Pre and Post-TGE, has announced the launch of its utility token, PCH, on Gate.io and MEXC and is available for trading from August 19, 2024, 16:30 UTC. This Token Generation Event and CEX listing follows the conclusion of the token’s public sale on Dao Maker. The TGE is a…
10 months ago
The Untrading Ecosystem: A Paradigm Shift in Trading and Asset Management
The conventional trading ecosystem has long been plagued by fundamental problems: most traders lose money trying to predict markets, trading creates adversarial relationships between investors, and high fees and counterparty risks are rampant. However, a revolution in the trading industry is on the horizon. Imagine a scenario where you don't need to foresee market moves to benefit. This is precisely what Untrading provides. Untrading Technologies Pte Ltd, a Singapore-based fintech firm, is driving this change with its decentralized asset management…
10 months ago
Web3 Gaming Ecosystem Moonveil Raises More Seed Capital To Redefine Blockchain Gaming
The funding aims to advance the development of Layer 2 gaming ecosystems and boost the overall adoption of Web 3 gaming. Moonveil Studios, a Web 3 gaming platform designed for interoperable games, announced a series A funding round, this Thursday. The latest funding round extends its Series A fundraising to $9 million featuring some of the top blockchain/crypto and Web 3 gaming VCs. Moonveil Studios launched in 2023 offering a gamer-first gaming platform that is scalable and provides easy-to-build toolkits…
10 months ago
YAWN Token Launches with Ambitious Ecosystem and E-Commerce Integration
Vancouver, Canada, August 8th, 2024, Chainwire With the rise of the meme coin market, Yawn introduces itself as the first meme token embedded within a $1 billion ecosystem. As part of the Boys Club, YAWN allows holders to potentially gain from its expanding brand and community-focused initiatives. YAWN aims to establish a unique position in the cryptocurrency market, leveraging advancements in technology and AI. $YAWN is supported by experienced e-commerce marketing professionals known for their success in scaling online businesses.…
10 months ago
The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem
The post The Impact of Central Bank Digital Currencies (CBDCs) on the Crypto Ecosystem appeared first on Coinpedia Fintech News I. Introduction A brief definition of CBDCs CBDCs are digitized versions of national fiat money directly controlled by a country’s central bank. While Bitcoin and Ethereum remain decentralized virtual currencies, where entire systems function as a distributed network without central authorities, CBDCs promote state regulation and management of financial circulation with state-controlled monetary policies. Current Status of CBDC across the…
10 months ago