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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ProjectDeSci Project StarChain Achieves Major Milestone By Unifying 500 Terabytes of Astronomical Data
Zug, Switzerland, August 5th, 2024, Chainwire "We are thrilled to announce that we have achieved our first major milestone by unifying 500 TB of astronomical data on our platform. This will allow astronomers to more easily analyze massive datasets and uncover meaningful insights." said Dr. Meijer, Chief Scientific Officer of StarChain. "Our platform is revolutionizing scientific research by taking data that was previously scattered and bringing it together into one searchable, user-friendly location. Eliminating the need for tedious manual gathering and…
10 months ago
COTI Confirmed as First Blockchain Project to Develop Bank of Israel’s Digital Shekel Challenge
Layer 2 privacy blockchain COTI has announced that it’s been invited to participate in the Digital Shekel Challenge, an initiative commissioned by the Bank of Israel. The project will explore the development of a national digital currency and COTI is the only blockchain to have been asked to work on the initiative. COTI’s L2 is designed to support financial transactions including payments without revealing sensitive financial data. It thus possesses the tech and the developer know-how to solve one of…
11 months ago
Is This Ethereum ICO Project To Blame For ETH’s Price Slump?
The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, which seems plausible since the German government only sells BTC and not ETH, and Mt. Gox doesn’t own any ETH either. But what if Ethereum…
11 months ago
Piggycell, a IoT based RWA project, secures investment from a public mainnet, Internet Computer
singapore, singapore, July 4th, 2024, Chainwire Piggycel, a IoT-based blockchain RWA project, has secured investment from the global mainnet Internet Computer (ICP) and joined the ICP Olympus accelerator program. Piggycell is a blockchain RWA platform that users can expereince IoT based Charge To Earn (C2E) while charing their bateries. It is a decentralized platform linked to the No. 1 power bank sharing service in Korea, Piggycell, which has over 3 million users. The ICP Olympus program, announced in April 2024,…
11 months ago
IOTA 2.0 Thrives with a Thrilling New Project in Development
IOTA 2.0 is thriving with a thrilling new project in development. The community eagerly anticipates the testnet debut, with significant advancements underway. Following the shedding of 2.55% in the past day of when the IOTA 2.0 Testnet Launch reported by CNF, signaling a growing interest in the IOTA market. In the meantime, the current state of IOTAcore on GitHub shows that the developers are through with their task and can only proceed once it debuts on the testnet to the…
11 months ago
Major Trader Who Predicted Avalanche & Chainlink’s Growth Now Focuses on This New DeFi Project
The post Major Trader Who Predicted Avalanche & Chainlink’s Growth Now Focuses on This New DeFi Project appeared first on Coinpedia Fintech News A top trader who rightly forecasted Avalanche (AVAX) and Chainlink’s (LINK) surges now pays close attention to another DeFi project – DTX Exchange (DTX). This new entrant in the DeFi market is in Stage 2 of its presale, but many experts remain bullish about its long-term growth. They have it pegged as the next 100x DeFi coin…
12 months ago
Arbitrum Launched $215 Million Gaming Project; Institutional Money Flows Into New DeFi Presale
The post Arbitrum Launched $215 Million Gaming Project; Institutional Money Flows Into New DeFi Presale appeared first on Coinpedia Fintech News According to projections, the gaming market should reach $190 billion by 2025. However, there are various hurdles to this growth. Game creators grapple with steep production expenses, expansion constraints, and security vulnerabilities. To address these obstacles, Arbitrum has introduced the Gaming Catalyst Program. On the other hand, DTX Exchange (DTX) has emerged as the go-to coin for the next…
12 months ago
Play-to-Earn Meme Coin Project PlayDoge Raises $4M in Trending Presale
The post Play-to-Earn Meme Coin Project PlayDoge Raises $4M in Trending Presale appeared first on Coinpedia Fintech News PlayDoge ($PLAY) is a new cryptocurrency that has taken the market by storm after raising $4 million in its opening three weeks of presale. This milestone comes as the team launches staking on Ethereum, in addition to its original staking on BNB Smart Chain. The latter remains PlayDoge’s primary residence, with its Play-to-Earn (P2E) game set to launch there. PlayDoge is a…
12 months ago
Normie Memecoin Project Fires Intern Over Offensive Video
Normie, a prominent memecoin based on Coinbase’s native blockchain Base, has fired an intern for posting an offensive video on the project’s official X handle. The promotional video, depicting a blue-skinned cartoon chef with heavily exaggerated full lips, sparked widespread outrage and disapproval from the crypto community. The team at Normie has apologized for the controversial video. Normie Fires Intern After Backlash Normie clarified in a post that the video’s intended message was to convey that there is always a…
12 months ago