Author: CryptoHoppers
In the fast-evolving world of digital gaming, projects come and go. Some capture fleeting attention, while others make a lasting impact by redefining engagement and community interaction. One project that is making a mark in this ever-competitive space is the Rocky Rabbit initiative. With its impressive traction, strong social presence, and a commitment to transparency, Rocky Rabbit has rapidly grown into a standout contender in the digital entertainment and blockchain space. The Rise of Rocky Rabbit: Understanding Its Traction The numbers behind Rocky Rabbit speak volumes about its success and appeal. To date, the project has garnered over 29 million…
Key Takeaways An early Bitcoin whale transferred $3.6 million to Kraken exchange. Another whale moved $16 million in BTC days earlier, raising questions about early Bitcoin wallets Share this article An older Bitcoin whale, holding BTC mined in the first few months after Bitcoin’s launch in 2009, has transferred $3.6 million worth of Bitcoin to the Kraken exchange, according to blockchain analytics platform Arkham Intelligence. UPDATE: ANCIENT BITCOIN WHALE MOVED $3.58M BTC TO EXCHANGES A Bitcoin whale holding over $72.5M Bitcoin from 2009 has sent a total of $3.58M BTC to Kraken with their most recent movements yesterday. This Bitcoin…
Last Week Featured Bullish Continuation
This editorial is from last week’s newsletter, Week in Review, with some slight tweaks to dates so the article makes sense. Subscribe to the newsletter to get this editorial the second it’s released, which also includes the biggest stories of the week and a comment on each story. One Week Ago, Bulls Continued Their Parade […] Source link
The Bitcoin price action in the past two weeks has reiterated its volatile nature despite the steady flow of institutional money. The cryptocurrency surged in the last days of September from $53,500 to a high of $66,000, only to pull back to $61,000 in the first few days of October, showing its unpredictable nature. Interestingly, Bitcoin’s rally to reaching $66,000 has led to a change in the investing dynamics among holder cohorts. Furthermore, this change in dynamics reveals that its reversal and retest after the rally is not entirely bad news for Bitcoin’s price. In fact, this shift suggests that…
Franklin Templeton has extended its Nasdaq-listed On-Chain U.S. Government Money Fund (FOBXX) to the Aptos blockchain, following its recent expansion to Avalanche. The asset management giant views this move as a significant advancement toward a decentralized financial future. Aptos, founded by some of the team behind Meta’s Diem project, supports decentralized app development and token launches. FOBXX allows investors to digitally hold shares in U.S. government securities and is already available on multiple blockchains, including Polygon and Arbitrum. This marks Franklin Templeton’s ongoing commitment to blockchain technology since 2019. Follow us for inspiring posts and storiesWe’d Love to Hear Your…
Key Takeaways 0G has rebranded to focus on a decentralized AI operating system. The system separates data storage and computation for various AI applications. Share this article 0G, formerly known for its modular AI blockchain, has rebranded as the first Decentralized AI Operating System (dAIOS). 0G is transforming. We are shifting from our identity as the leading modular AI blockchain to embracing our broader capabilities as the world’s first Decentralized AI Operating System (dAIOS). 🔗 Full blog: https://t.co/Jz2ZwvfWpT Here’s what this means 🧵 👇 pic.twitter.com/YvECjU9XNd — 0G Labs (@0G_labs) October 3, 20240G leverages blockchain technology to coordinate decentralized resources, including…
Institutional Investors Predict Surge in Digital Asset Fund Launches, Research Finds
Institutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new research by Nickel Digital Asset Management. 92% of respondents also foresee traditional financial institutions entering the sector with their own funds, driven in part by […] Source link
Can Sui Overtake Solana?
Since its mainnet launch in May 2023, Sui has quickly gained traction. What’s interesting is that it has already positioned itself as a serious competitor to Solana. By September 2024, Sui surpassed 1 million daily active addresses and locked in over $1.22 billion in total value locked (TVL). These impressive metrics place Sui among the top 10 blockchains by TVL, signaling strong DeFi adoption. While Solana boasts 4 million daily active addresses, Sui’s rapid growth within a short time frame suggests it’s swiftly catching up. Sui’s parallel transaction processing gives it a notable advantage in scalability and resilience. Scalability and…
Tron emerges as stablecoin powerhouse, outpaces Bitcoin, Ethereum, and Solana with $566 million in Q3 revenue
Key Takeaways Tron’s Q3 revenue of $566 million exceeds that of Bitcoin, Ethereum, and Solana. Stablecoin transactions and memecoin activities significantly contribute to Tron’s revenue. Share this article Tron’s stablecoin ecosystem has propelled the network to new heights, generating $566 million in revenue during Q3 2023 and securing its position as a major player in the blockchain space.The network’s impressive performance is largely attributed to its robust stablecoin activity, with Tron now controlling 34.8% of the stablecoin market. This positions it as the second-largest blockchain for stablecoins, supplying a staggering $59.8 billion worth of these digital assets. Tether’s USDT dominates…
Beeple’s “Tree of Knowledge” Triptych: A Deep Dive Into Digital Art Mastery | NFT CULTURE | NFT News | Web3 Culture
Beeple, also known as Mike Winkelmann, has been at the forefront of the digital art revolution, bringing a blend of technology, dystopian satire, and artistic commentary to collectors worldwide. His latest release, “The Tree of Knowledge”, is a captivating triptych that explores a symbiotic relationship between technology and nature. This piece is part of a timed edition sale, ensuring exclusivity for those who engage with it during the limited 48-hour release window. The Tree of Knowledge: Concept and Medium Beeple’s “The Tree of Knowledge” is not just a print; it’s a reflection of the artist’s complex relationship with the digital…