cryptosheadlines

ISLAND: Everything You Need to Know About the ‘Nifty Island’ Ethereum Token and Airdrop

Nifty Island embraced a wide array of established communities in Web3 to help expand its Roblox-style metaverse game.  Now it’s rewarding them. The project, which pioneered the now-popular “play-to-airdrop” campaign, just launched ISLAND, an Ethereum-based utility token that serves as the ecosystem token for its in-game economy. Below, learn everything you need to know about…

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Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover

The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals…

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Bitcoin ETFs overtake Gold ETFs in US market with rapid 11-month growth

US Bitcoin exchange-traded funds (ETFs) now have more assets under management (AUM) than Gold ETFs. Vetle Lunde, Head of Research at K33 Research, posted the milestone, noting the Bitcoin ETFs’ rapid growth.  Lunde pointed out that the crypto products have a combined value of approximately $129.25 billion, while the precious metal investment vehicles have assets…

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Trump proposes Bitcoin reserve to secure U.S. economic leadership

Recently, U.S. President-elect Donald Trump shared his positive views on Bitcoin, seeing it as an important asset for keeping America’s economic strength. Trump suggested creating a Bitcoin reserve, similar to the country’s oil reserves, to strengthen the U.S. economy and reduce inflation risks while addressing a virtual audience. The move from careful rules to getting…

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Top Value Locked(TVL): The Blockchains Dominating TVL

TRON (TRX): Revolutionizes content monetization by directly connecting creators to consumers, eliminating high intermediary fees. Arbitrum (ARB): Boosts Ethereum scalability with optimistic rollups, achieving fast, low-cost transactions and governance via ARB token. Sui & Mantle: Sui accelerates Web3 with object-oriented design; Mantle scales Ethereum modularly for efficient upgrades and innovation. The blockchain landscape is rapidly…

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Crypto Market Reaches New Heights

The cryptocurrency market has surpassed a staggering $3.73 trillion, with trading volumes exceeding $190 billion. Bitcoin (BTC) has surged to a record price of $108,353, although it settled slightly lower at $106,556. The overall market sentiment remains optimistic despite minor declines in altcoin values. What’s Happening with MANA Coin? MANA Coin has bounced back to…

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Bitpanda Secures In-Principle Approval from VARA to Enter UAE Market

Bitpanda, Europe’s leading regulated cryptocurrency platform, has taken a significant step toward its global expansion strategy by obtaining in-principle approval from the Virtual Assets Regulatory Authority (VARA) in Dubai. This milestone positions Bitpanda to formally launch its operations in the UAE under the entity Bitpanda Broker MENA DMCC once it receives the full operating license….

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