Illuvium’s recent announcement of distributing 250,000 ILV tokens valued at around $25 million through an airdrop initiative is a strategic move aimed at rewarding its community members and enhancing their involvement within the ecosystem. This article will delve into the specifics of this airdrop program and analyze how it contributes to the growth of Illuvium
Hong Kong recently made headlines as regulators approved spot Bitcoin and Ethereum exchange-traded fund applications from China Asset Management, Harvest Global Investments, and Bosera Asset Management in partnership with HashKey Capital. This move was seen as a major milestone for Hong Kong, as the city aims to establish itself as a central hub for digital
The crypto market is always full of surprises, and lately, a bold prediction has been made by a well-known crypto analyst regarding the potential surge of Bitcoin to $650,000 as the Spot Bitcoin ETF market continues to grow. Willy Woo, a respected expert in the field with a large following, has shared his insights on
Recent analysis by crypto exchange Bybit has raised concerns about a potential shortage of Bitcoin on exchanges by the end of 2024 if demand continues at its current levels. The report suggests that reserves could be completely depleted within the next nine months, based on the current withdrawal rate of approximately 7000 BTC per day.
The recent explosion of the new coin Peshi Cat (PESHI) in a 120x skyrocket has certainly caught the attention of many investors in the crypto space. However, upon closer inspection, it becomes clear that PESHI’s price moves seem to be driven purely by speculative hype rather than any underlying utility of the coin. The current
Ethereum, the second-largest cryptocurrency in terms of market capitalization, has been experiencing significant fluctuations recently. The price of Ethereum plummeted to $2,800 on April 12, reflecting the overall downtrend in the cryptocurrency market. Despite this volatility, Ethereum whales, who are considered the giants of the crypto world, have been making strategic moves that have caught
Avalon, the independent Web3 gaming studio, has recently secured $10 million in funding to accelerate the development of its groundbreaking MMO game. What sets Avalon apart from traditional games is its innovative use of blockchain technology, allowing players to truly own their in-game assets and experiences. This means that players have the freedom to trade,
The provincial government of Buenos Aires has taken a decisive step by formally accusing Worldcoin of violating consumer laws through what it deems as “abusive clauses” in its user agreement. This move highlights the government’s commitment to protecting consumers from unfair practices by tech companies operating in the region. The allegation that Worldcoin can interrupt
In a recent development, US Senators Elizabeth Warren and Charles Grassley have taken a proactive approach in demanding accountability from the Commodity Futures Trading Commission (CFTC). The senators have formally requested a detailed account of all interactions between CFTC Chair Rostin Behnam and now disgraced crypto mogul Sam Bankman-Fried (SBF). The primary aim of this
The anticipation for the fourth Bitcoin Halving has led to various speculations within the cryptocurrency community. Lady of Crypto, a renowned market analyst and trader, recently offered her insights on the current market conditions in relation to the upcoming halving event. One of the key points highlighted by the expert is the skepticism surrounding claims
