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Showing posts from July, 2024

New Cryptocurrency Releases, Listings, & Presales Today – Ta-da, Three Protocol Token, Ring Protocol

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The launch of US Ether spot ETFs has renewed optimism among market participants. Although the broader crypto market has witnessed a decline, select tokens are on the increase. New cryptocurrency releases, listings, & presales today are gaining attention due to their current attractiveness investment opportunity. These tokens offer attractive opportunities due to their potential for substantial returns and low entry costs. InsideBitcoins helps in this exploration by curating such tokens offering insights into their Features , utilities, and market prospects. New Cryptocurrency Releases, Listings, and Presales Today WienerAI’s ($WAI) presale ends today, offering investors a last chance to engage before its market debut. Ta-da offers a strong solution for efficient, high-quality, and diverse data collection. Three Protocol decentralizes marketplaces to enhance e-commerce and real-world asset (RWA) inclusivity for unbanked crypto users and privacy-focused individuals.  R...

Goldman Sachs CEO Says Bitcoin Can Mirror Gold as a 'Store of Value'

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Discussing the leading crypto, Goldman Sachs CEO David Solomon said that Bitcoin can be similar to GOLD in that it serves as a “store of value.” Indeed, the investment bank’s head recently talked with CNBC live from the summer Olympics in France. There, he talked about BTC and his position on the token. The comments come as Bitcoin has dominated discussion regarding its potential as a reserve asset. Donald Trump has promised to use the cryptocurrency as a strategic reserve, should he be reelected in November. Moreover, US Senator Cynthia Lummis has recently introduced a bill calling on the US Treasury to hold the token. Source: etftrends.com Also Read: 93% Bitcoin Holders in Profit As BTC Reaches For All-Time High Goldman Sachs Head Gives His Two Cents on Bitcoin Debate Bitcoin has been a major talking point in 2024. The asset represented the first crypto-based ETF in the US, while it reached an all-time high of $73,000 in March of this year. Its status has become un...

WazirX Faces Community Uproar Over “Socialized Loss” Strategy After $230M Hack

Embattled Indian cryptocurrency exchange WazirX is facing a backlash after proposing a “socialized loss strategy” following a hack that caused $230 million in losses.  The criticism erupted on July 27, when the exchange tabled a poll dubbed “ Withdrawal Management Programme: Opinion Poll ” with two options.  The first allows users to access 55% of their funds for trading without the ability to withdraw, but they receive priority during the recovery process.  The second option is for users to access 55% of their funds, with the ability to trade and withdraw, but they will receive secondary priority during the recovery process.  45% of the remaining funds will be converted to USDT before being locked.  WazirX Faces Community Backlash  The poll attracted severe criticism from the exchange’s users, with one saying that users should not be punished over the company’s lack of robust security controls.  “It was...

Crypto And NFT Gaming Platform Gala Games Launches Its GalaChain TestNet

Gala Games, a renowned blockchain gaming platform allowing players to earn crypto and non-fungible tokens through gameplay, has launched the test of the upcoming GalaChain blockchain network after several months of development. The GalaChain TestNet is now live for developers to deploy and test chain code in a secure environment. In a July 30 blog post, Gala Games confirmed that its upcoming GalaChain TestNet has gone live for developers to deploy and test its viability. Gala Games first announced its forthcoming GalaChain network in August 2023. At the time, the web3 gaming platform moved all its unsold and reserved NFTs to the new proprietary blockchain network. GalaChain TestNet is live! Developers can now deploy and test chaincode in a secure environment. Let’s build the future of blockchain together! https://t.co/qEWu5IbewA#GalaChain #Blockchain #DevCommunity — Gala Games (@GoGalaGames) July 29, 2024 What Is Gala Games? Launched in 2019, Gala Games is a blockcha...

Ne͏w Meme Co͏in͏s To Buy Now͏, Mo͏n͏day͏, ͏July ͏29 – ͏P͏e͏pe, Do͏gwif͏hat, Base͏ Dawg͏z, Brett (B͏ased)

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New me͏me coins ar͏e ͏pushing the b͏oun͏dari͏es o͏f what’͏s pos͏sible in the͏ cryptoc͏urrency s͏pace, ͏of͏ferin͏g inno͏v͏ative ͏ Features beyon͏d ͏simple token owner͏s͏hip.͏ Base Dawgz͏,͏ for in͏stance, is pione͏ering multi-͏chain͏ func͏tionalit͏y͏, allowing u͏s͏ers to navigate seamlessly acr͏oss differe͏nt blockchain net͏works. Oth͏er ͏projects, ͏like Bre͏t͏t (͏B͏as͏ed)͏, are tapping into͏ existing ͏fan ͏ba͏ses͏ and cultural͏ ͏phenome͏na to͏ ͏create unique ͏value pr͏opos͏itio͏ns. Despite their often͏ l͏ighthearted͏ origins, meme coins are increasingly being ͏take͏n͏ seriously by the b͏roader cryptocurrency co͏mmuni͏ty. Many͏ of these...

Shiba Inu [SHIB] to Record a Bullish August, Here’s Why

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The Shiba Inu [SHIB] ecosystem has been experiencing immense volatility. Over the past week, the meme coin saw a major dip in its price. At press time, the asset was trading at $0.00001722 with a daily surge of 2.21%. This comes after a weekly dip of 3.16%. SHIB will likely go on a bullish path this coming month for a lot of reasons. According to data from CryptoRank, SHIB has historically recorded a bullish month of August. In August, the SHIB token’s profitability was 2.67% on average and 3.36% on median. It is unusual for both the median and average to be positive. Thus, with this feat, the likelihood of a Shiba Inu ending August on a high note is increased. Looking back at August 2021, the meme coin ended the month with a profit of 10.1%. SHIB closed August 2022 with a profit of 3.36%. In 2023, the asset dipped by 5.44%. Source While this data is giving a rather uncertain stance, Changelly believes that Shiba Inu is slated to encounter a positive month of August. The meme coin...

Magic Eden Outpaces OpenSea In Sales Volume – Becomes The Most Traded NFT Marketplace

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Magic Eden, one the leading cross-chain non-fungible token market platforms, has regained its initial dominance in the non-fungible token market, becoming the most traded NFT market platform in the past seven days. Below, we have listed the five top-traded NFT market platforms by weekly sales volume. 1. Magic Eden Tops In NFT Trading Sales This Week Data compiled by Tiexo.com, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that Magic Eden has risen in market ranking to become the most traded NFT marketplace in the NFT market. In the past seven days, the Magic Eden has recorded a trading sale volume of $29 million. Magic Eden, the leading market platform on Solana’s non-fungible token ecosystem, lost its glory a few weeks ago after the OpenSea NFT marketplace rose again to dominance. In an unexpected turn of events, the Magic Eden NFT marketplace is back to being the #1 NFT marketplace on all chains this week. 2. OpenSea ...

Bitcoin Whales Bet Big Amid Japan's ETF Approval Buzz

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Bitcoin (BTC) markets are seeing significant activity as Japan considers approving Bitcoin ETF s following successful launches in other big economies. Despite recent price swings, large holders known as whales are buying more BTC, showing faith in the cryptocurrency’s future. This trend aligns with growing interest in Bitcoin ETF s and shifting market patterns. Also Read: Bitcoin: BlackRock Says ETFs Will Reach $4T by 2030 Japan’s Bitcoin ETF Approval Ignites Whale Buying Frenzy Source: CryptoDisrupt SBI Holdings and Franklin Templeton Partnership SBI Holdings and Franklin Templeton are joining forces to: Create a cryptocurrency management company Launch a Bitcoin ETF once regulators approve Leverage Franklin Templeton’s know-how from U.S. Bitcoin and Ethereum ETFs This team-up could reshape Japan’s crypto landscape, bringing it in line with global trends. Whale Accumulation Amid Price Volatility Recent price changes have not deterred large Bitcoin holders. On-ch...

Bitcoin Price Prediction: BTC Soars 4% Ahead Of Donald Trump Speech At Bitcoin 2024 In Nashville And Traders Rush To Buy 99BTC Before It Lists

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The Bitcoin price jumped 4% in the last 24 hours to trade for $67,340 as of 07:23 a.m. EST. It comes amid hype around the Bitcoin 2024 Conference in Nashville, Tennessee, where several billionaires from different industries are lined up to speak. Republican ticket nominee and former US President Donald Trump is among them, featuring as the headline speaker. The #Bitcoin 2024 conference starts today in Nashville. The speakers' lineup is looking insane. 🔥 pic.twitter.com/98qdjaUVbB — Lark Davis (@TheCryptoLark) July 25, 2024 Trump set $844,600 (13.20 BTC) as the price for a roundtable at Nashville’s Bitcoin Conference in his own private event. Photos with Trump cost $60,000 per person, or $100,000 per couple, as a part of fundraising for his bid to become president. Absolutely nuts. At the #Bitcoin 2024 conference, Trump is holding a "roundtable" session prior to his remarks. To attend with him, it will cost $844K. If you don't want to do the roundt...