XRP’s Open Interest Plummets by 60% as Bearish Sentiment Prevails in Crypto Market The crypto market continues to experience a bearish sentiment, and XRP is not exempt from the downturn. XRP’s open interest (OI) has declined by 60% since its peak in July when it reached a value of $1.19 billion. This decline in OI follows XRP’s gains after Ripple …
Continue ReadingVolaris, the renowned Mexican ultra-low-cost airline, is making headlines as it enters the NFT market. This move not only introduces digital collectibles but also offers tangible travel benefits. The NFT collection includes 10 unique designs that showcase different cities, such as Cancun, Bogota, and Tijuana. What sets these NFTs apart is the real-world utility they offer – each NFT comes …
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Former U.S. President Donald Trump’s arrest in Georgia has caused a significant increase in the value of his digital trading cards, also known as non-fungible tokens (NFTs). The trading volume of Trump’s NFTs has surged by an astounding 177% over the past seven days, reaching a peak of 24.1 ETH on August 25. Additionally, the floor price of these digital …
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Rarible, an Ethereum-based NFT marketplace, has experienced a significant surge in trading volume within just 24 hours after publicly advocating for NFT creator royalties. This move comes as competitors like OpenSea have retracted their support for royalties, leading other projects to follow suit. According to analytics data from DappRadar, Rarible’s fiat trading volume has skyrocketed by almost 585%, surpassing $45,000 …
Continue ReadingHashdex, the digital asset management firm, has made a significant move by filing a 19b-4 with the NYSE to reposition its DeFi ETF as a Bitcoin ETF. This transformation involves shifting its core strategy to hold spot Bitcoin directly without relying on Coinbase’s Supervisory Sharing Agreement (SSA). The rebranding is evident as the DeFi ETF is now known as the …
Continue ReadingEarl Sweatshirt and The Alchemist’s Secret NFT Album Drops on Gala Music, Garnering Attention and Curiosity Instantly In a surprising turn of events, a long-standing rumor has become a reality as rapper Earl Sweatshirt and super-producer The Alchemist released an unheard album on Gala Music. The album had been shrouded in mystery, with Earl hinting at its existence in the …
Continue ReadingRenowned author and investor Robert Kiyosaki is encouraging individuals to diversify their investment portfolios by adding silver, the second most precious metal in the world, alongside gold. In a recent tweet, Kiyosaki criticized the dollar as “fake” and highlighted silver as a safe haven investment. Kiyosaki pointed out that despite the increasing demand for green energy solutions like solar electric …
Continue ReadingCoinbase, one of the leaders in the blockchain industry, has made a significant move by launching their own Layer-2 (L2) blockchain called Base. This introduction aims to address the long-standing challenges of scalability and efficiency that have been a hindrance to traditional blockchains. Base serves as a prime example of how innovation and necessity can work together to shape the …
Continue ReadingSEC Officials Investigated for Potential Misconduct In the world of financial regulation, adhering to ethical guidelines is crucial. While individuals like Marc Fagel have demonstrated their commitment to integrity, it seems that not all SEC officials are playing fair. Recent investigations have revealed conflicts of interest among higher-ranking officials, raising concerns about potential criminal behavior. One of the key aspects …
Continue ReadingZandvoort Grand Prix Introduces Digital Collectibles for Attendees F1 fans attending the upcoming Zandvoort Grand Prix at the CM.com Circuit Zandvoort from August 25th-27th are in for a futuristic treat. The event is embracing the world of digital collectibles, offering all attendees the opportunity to own an exclusive piece of the action. This groundbreaking initiative is made possible through the …
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