Author: CryptooTimes
The daily trading volume of USDT on Tron briefly surpassed Visa, and a Bitcoin-friendly exec has been promoted to CEO of a multi-billion-dollar German Bank.
Paris Match, a French magazine, is auctioning 75 iconic archival photos as Ethereum (ETH) non-fungible tokens (NFTs) to celebrate its 75th anniversary. The auction kicked off on June 17 and showcased a curated selection of historic images from Paris Match’s archives. These include snapshots of entertainment icons like The Rolling Stones, Jack Nicholson, Orson Welles, and John Travolta. Images of significant historical moments such as the fall of the Berlin Wall and scenes from Harlem and the Tour de France are also included. Each NFT purchase will include a numbered and signed physical print of the same photo, bridging the…
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs.
The Vatican Library has partnered with NTT DATA Italia to use blockchain technology to preserve its vast collection of manuscripts. Announced on June 17, the “Vatican Library Web3 Support Project” aims to expand the library’s online community and engage supporters through modern technology. The Vatican Library, home to around 180,000 manuscripts and over 1.5 million printed books, will distribute non-fungible tokens (NFTs) to donors and social media users. Currently, this experimental project is limited to Italian residents. However, a trial phase was initially launched in Japan in February 2023. Those who shared the NFT project on their social media accounts…
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predicts some to take off faster than others.
Today’s edition of the weekly recap: MicroStrategy buys 12,000 additional Bitcoin; the SEC closes its probe on Ethereum ETH; and stablecoins take center stage.
Bitcoin faces a key weekly close as BTC price indicators keep bulls’ hopes alive when it comes to new all-time highs.
The NFT market continues to experience a decline, with sales dropping 12% last week. Recall sales plunged 16% during the previous week. According to CryptoSlam, total sales for the last seven days stood at just below $100 million and involved over $785,000 buyers and sellers in 1.4 million transactions. Ethereum leads the pack Blockchains by NFT sales volume | Source: CryptoSlam Ethereum (ETH) was once again the most active blockchain for NFT sales, leading the pack with $38.4 million worth of transactions. Notably, Ethereum experienced a surge in wash trading last week, with money earned from the activity going up…
Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea.
Lido DAO (LDO) recorded a notable price surge this week, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the token shows rising bear pressure. LDO’s price has increased by 11.6% over the past 14 days. If the Lido DAO price chart on Trading View is anything to go by, the token has a market sentiment rating of 37% and a Fear & Greed Index registering 55 (Greed). The Relative Strength Index (RSI) stands at 33.47, suggesting a potential downturn below the $1.80 mark into oversold territory. The longs/shorts ratio currently sits at 1.01, with 50.33% long positions…
