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…
Web3
BioMatrix Partners with TapCoins to Revolutionize Web3 Learning and Engagement
Newport Beach, California, USA, July 16th, 2024, Chainwire BioMatrix is excited to announce a groundbreaking partnership with TapCoins, the first Web3 gamified social learning platform designed to enhance knowledge through digital play. This collaboration marks a significant milestone BioMatrix’s mission to provide innovative solutions and expand the utility of PoY AI Tokens within the BioMatrix ecosystem. Since partnering with TapCoins, BioMatrix has received a significant increase in users and interest in the project. The partnership with TapCoins offers a unique…
11 months ago
Solana Superteam and Droppgroup Lead Web3 Integration in Saudi Arabia
Solana Superteam and DroppGroup have announced a strategic partnership to deliver innovative solutions and educational initiatives in Web3 in Saudi Arabia. According to the press release, the collaboration would offer three key benefits to the Kingdom, including the expansion of blockchain use, and the leveraging of ecosystem synergies. Leader in Artificial Intelligence and Blockchain Technologies integration DroppGroup (dropp) has collaborated with Solana Superteam to advance Web3 adoption in Saudi Arabia. According to the press release, the partnership is designed to…
11 months ago
READYgg Launches RDYX Token on CoinList to Democratize Web3 Game Development
GIBRALTAR, GIBRALTAR, July 12th, 2024, Chainwire Empowering players, creators and developers to drive community-driven innovation in gaming READYgg, a leading platform in integrating Web3 technologies into gaming, has launched its utility token, RDYX, on CoinList. The token presale began on July 10, 2024, at 17:00 UTC and will conclude on July 17, 2024, at 17:00 UTC. This launch is a key component of READYgg’s comprehensive roadmap to seamlessly transition Web2 players, creators, and developers into the Web3 gaming ecosystem. In…
11 months ago
Filecoin and Theoriq Partner to Integrate AI, Setting Stage for Web3 Advancements
Filecoin has announced its partnership with Theoriq with the vision of being a leader in the Web3 infrastructure space. By integrating DePIN and AI, Filecoin benefits from a more secure and intelligent data management ecosystem. In the past few months, Filecoin has made significant strides to cement itself as a key player in the Web 3 Space. Filecoin has reported several partnerships aimed at integrating artificial intelligence into its decentralized data storage network. In a new development, the decentralized data…
11 months ago
Kraken Joins Forces with Atlético de Madrid as Official Web3 Partner
Kraken Exchange has partnered with Atlético de Madrid to become the club's Official Crypto and Web3 Partner, including the role of Official Sleeve Partner, marking another significant integration of cryptocurrency and sports. Atletico de Madrid’s New Web3 Partner Kraken Exchange has announced a significant partnership with Atlético de Madrid Football Club, marking a notable collaboration between the cryptocurrency and sports sectors. The partnership, set to commence in the 2024 season, will see Kraken becoming the Official Crypto and Web3 Partner…
11 months ago
Web3 Gaming platform Saakuru hits 5M daily transactions
Web3 gaming and infrastructure platform Saakuru Labs’s Saakuru Protocol (SKR) hit five million daily transactions — ranking it among the top five networks if ranked by this metric. According to a Jule 11 announcement, Saakuru Protocol also ranks among the top five networks when it comes to the number of daily active user wallets. These data points show the demand for a web3 gaming protocol, as further highlighted by a 2024 Mobility Foresight report. The report in question predicts that…
11 months ago
DWF Labs Pledges Commitment to Web3 Growth Despite Market Struggles
DWF Labs is doubling down on its bets in the broader crypto ecosystem amid ongoing market strain. The investment giant aims to continue to fund innovative projects as the market evolves overall. DWF Labs, a Web3 investor and market maker, says it will continue on its growth strategies despite current struggles in the market. The market maker has promised to be more dynamic and robust as it continues with its ongoing expansion initiatives. DWF Labs Web3 Expansion Plans As revealed…
11 months ago
Web3 Enabler Brings XRP Payments to Salesforce Platform
Web3 Enabler integrates XRP payments into Salesforce via an open-source application. The new application allows seamless XRP transactions within Salesforce, enhancing enterprise blockchain utility. Web3 Enabler has announced a new development: an open-source application that will integrate XRP payments into the Salesforce platform. According to their official website, this effort is part of the XRP Ledger Grants Wave 6 cohort. The new application seeks to allow Salesforce administrators to send and receive XRP directly within Salesforce, in line with their…
11 months ago
Shiba Inu’s Shytoshi Kusama Unveils Global Tour to Expand Web3 Influence
To enhance understanding of Shiba Inu’s potential, Kusama announced a global tour, beginning in Kyoto and extending to India, Canada, and Thailand, aiming to connect with influential figures and explore the transition to Web3. Santiment reveals that Shiba Inu experienced a slight decoupling from other altcoins over the weekend, supported by the accumulation of non-exchange whales while exchange whale holdings decreased. The lead developer of the Shiba Inu ecosystem Shytoshi Kusama recently compared the SHIB token to a wide-eyed puppy…
11 months ago