Author: CryptooTimes
Tokens on the Runes Protocol are down from their peak, but don’t count them out yet. The protocol is less than three months old — and it’s just getting started.
The BLUE token will have a maximum supply of 1 billion and an initial circulating supply of 116 million, according to a tokenomics document seen by CoinDesk. Investors and Bluefin’s team will have a three-year vesting period with a lockup that will expire one year after the initial roll-out next month. It also plans to allocate 32.5% of the token for user incentives that will include airdrops, trading rewards, liquidity provisions and future growth initiatives, according to the document.
The non-fungible token (NFT) market experienced a remarkable drop in activity over the past month, with significant dips across various metrics. According to Crypto Slam data: Global NFT sales volume reached $476.3 million in June, marking a 47.22% decrease. The number of NFT buyers skyrocketed to 1.259 million — an astonishing 1700.83% increase. The number of sellers climbed to 744,965 — up by 1059.64%. The increase in buyers and sellers was juxtaposed against a 51.4% drop in NFT transactions month-over-month Top blockchains by NFT sales volume Blockchains by monthly NFT sales volume | Source: CryptoSlam Here’s a closer look at…
Crypto enthusiasts have been wondering why no one seems to be buying their coins this cycle. If people could use crypto for something, maybe that would change.
Bitcoin’s recovery from Monday’s low under $59,000 stalled as buyers struggled to keep momentum above $61,000. Ether and the wider crypto market, represented by the CoinDesk 20 (CD20) Index, also faced lackluster trading during European hours. The pause coincides with the dollar index (DXY) topping 106, the highest since May 2, keeping investor risk appetite under check ahead of U.S. first-quarter GDP data, durable goods for May and a weekly jobless report scheduled for 12:30 UTC (08:30 EST). “The market may be most sensitive to the weekly jobless claims, given the recent increase and a growing sense, articulated by San…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BNB and Render’s surprising rallies draw attention to Raboo, an ERC-20 token with robust presale gains and 100x launch potential. Several weeks ago,BNB and Render rallied incredibly, but because the rally was not anticipated, some investors were not able to capitalize on it. Fortunately, investors who missed the rally, have been presented with another promising opportunity in a new coin called Raboo (RABT), operating on the ERC-20 network. Interestingly, this new token is already delivering gains in its…
Analysts were split over whether today’s AI investments would pay off in the next decade.
The bank said by looking at the negative price action in crypto markets since May 29th, it is “fair to assume that some of Gemini creditors, which are mostly retail customers, have taken at least partial profit in recent weeks.” Gemini announced on May 29 that its Gemini Earn users had received all their digital assets back in-kind, following its settlement with Genesis.
Over the past 14 days, Popcat (POPCAT) has witnessed a solid bullish momentum, rising by 113.8%, while established meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) record price declines. Popcat price analysis Over the past seven days, Popcat has outperformed the overall cryptocurrency market, with its price increasing by over 99% compared to a 3.90% decrease in the global market. It has also outperformed other meme cryptocurrencies, which have seen a 3.3% increase in the same period. Popcat reached an all-time high of $0.6840 on May 4. The current price is 12.5% below this peak. Conversely, the all-time low (ATL)…
This week’s Crypto Biz explores the departure of Jump Crypto’s CEO, Animoca Brands’ return to public markets, the corporate dispute between Riot and Bitfarms, and other news.
