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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Rogue Bunnies Lead Web3 into the Mainstream as Playmate Icons Shine in Star-Studded IRL Hollywood Event
Rogue Bunnies bridge Web3 innovation and cultural impact, building a lasting presence with Legacy Playmates leading the charge. Rogue Bunnies, the dynamic Web3 brand, continues rising as a key player in the blockchain world and mainstream culture. Recently, they hosted a high-profile in-person event that attracted 750 guests, further showcasing Web3’s influence beyond the digital sphere. With iconic Legacy Playmates joining forces, Rogue Bunnies has positioned itself as more than just a blockchain leader—emerging as a new American icon with…
8 months ago
Real World Assets (RWA) Enter Mainstream Adoption
London, UK, August 15th, 2024, Chainwire XDB CHAIN, a pioneering blockchain platform, is revolutionizing the Real World Assets (RWA) market. By creating token representations of branded interactions—such as product usage and community membership—XDB CHAIN transforms intangible assets into valuable digital ones. This innovative approach can position XDB CHAIN as a leader in the evolving RWA category. In an era where digital transformation is reshaping business, XDB CHAIN offers a groundbreaking solution: the tokenization of branded interactions and community engagement. Instead…
10 months ago
Bitcoin Penetrating Mainstream Macro Capital Markets – What About Ethereum?
Most large-cap cryptocurrencies, including Bitcoin and Ethereum, have not exactly lived up to the hype and promise in the second half of 2024. Investors saw the general market experience a negative start to the past week, with most assets shedding a significant portion of their value. Interestingly, this recent price action has offered a unique insight into the current state of the crypto market and its relationship with the macro capital markets. Spot Bitcoin ETFs Vs. Ethereum ETFs — Relative…
10 months ago
Is Crypto Becoming Mainstream?
Image source: https://www.pexels.com/photo/a-person-putting-bitcoin-in-a-piggy-bank-8370757/ When the first Bitcoin was mined by Satoshi Nakamoto in early 2009, the seismic potential of blockchain technology for the future of global finances was laid bare. The emergence of cryptocurrencies such as Bitcoin promised to revolutionise the financial system, decentralising markets away from the big banks and shifting control to everyday people. However, crypto’s first fifteen years have been chaotic, to say the least. For example, Bitcoin has experienced severe price swings throughout its history – reaching…
11 months ago
How PR Can Help Bridge the Gap Between Blockchain and Mainstream Adoption
You’re at a dinner party when the conversation turns to cryptocurrency. “Didn’t that whole crypto thing crash and burn?” someone asks sceptically. “I heard it was all a scam.” As enthusiastic as they are, the blockchain supporters shift awkwardly, struggling to counter these snap judgments. Before long, the cynicism takes over and nobody is really any the wiser about the real benefits of crypto or its underlying blockchain technology. Sound familiar? Unfortunately, misunderstandings like this are still all too common…
11 months ago
Solana Goes Mainstream with TipLink’s Wallet Innovation: Is SOL Price Poised to Explode to $200?
The TipLink team raised $6 million earlier last year led by Sequoia and Multicoin to unlock the mainstream adoption of Solana Dapps. The Solana network has been developing the necessary infrastructure to enhance scalability amid heightened competition in the layer-one blockchains. Solana (SOL) network, a fast-growing layer one (L1) blockchain that has over $4.4 billion in total value locked (TVL), has been preparing to go mainstream in the recent past through strategic developments. After registering a plethora of retail crypto…
12 months ago
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MainstreamTop Cryptos That The Mainstream Buyers Are Missing Out On
Mainstream crypto traders and buyers typically accumulate Bitcoin, Ethereum, or other well-known cryptocurrencies in order to diversify their holdings. However, by taking this approach, they risk potentially missing out on massive ROI opportunities that could propel their portfolios to new heights. As a result, today we will go over the top three cryptos that mainstream buyers are missing out on, including Core (CORE), Book of Meme (BOME), and KangaMoon(KANG). Core Crypto Spikes 12% to $2.40 – How Far Can It…
1 year ago
LBank Labs Invests in XION: Leading the Charge for Mainstream Blockchain Adoption
Hong Kong, Hong Kong, May 24th, 2024, Chainwire LBank Labs is delighted to announce its strategic investment in XION, an innovative blockchain platform designed for mainstream use. This investment is part of XION's impressive $25 million Series A funding round, which saw participation from top investors like Animoca Brands, Laser Digital (Nomura), Multicoin, Arrington Capital, Draper Dragon, Sfermion, and GoldenTree. XION's Generalized Abstraction provides a comprehensive infrastructure solution to remove the numerous adoption barriers uch as complex onboarding, unfamiliar user…
1 year ago
Morgan Stanley Bullish On Bitcoin, Can Kangamoon Achieve Mainstream Status?
The post Morgan Stanley Bullish On Bitcoin, Can Kangamoon Achieve Mainstream Status? appeared first on Coinpedia Fintech News Although Bitcoin (BTC) has been through a rough patch over the last couple of months, Morgan Stanley remains bullish on the leading crypto. The leading global wealth management firm announced a $270 million investment in Bitcoin ETFs, followed by a BTC price rebound. Meanwhile, KangaMoon (KANG) has been generating excitement for its new Social-Fi protocol. This new protocol supports community involvement like…
1 year ago