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Remember Pandora NFTs? Another New ERC-404 NFT Series Has Landed In The NFT Market

Pandora Finance, the digital asset incubation studio behind the recently launched world’s first-ever ERC-404 non-fungible token collection marketplace, has announced plans to launch a new non-fungible token collection known as the Pandorian Hybrid NFT collection on the Sui network. In this article, we shall discuss the upcoming Sui-based NFT project in detail. Pandora Finance Teases A New NFT Collection In an April 22 blog post, Pandora Finance confirmed plans to launch a new non-fungible token collection in the coming months or weeks. The digital asset firm has teased its new NFT project just a few weeks after launching the world’s first-ever ERC-404 NFT market platform. GM Pandorians 👋. Are you excited for a new week? Who's hyped for our upcoming NFT minting/token launch 🔥? Secure your spot on the whitelist now – there's still time ⏳!#Pandorian #HybridNFTs #Sui404 pic.twitter.com/EkFnhVRTuU — Pandora Finance I Prediction Market on Su...

Bitcoin’s next price target ahead of ‘aggressive non-stop rally’

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Bitcoin (BTC) is navigating the post-halving phase, facing resistance below the last all-time high. As the crypto continues to find its footing, a section of the market believes that Bitcoin is in line to embark on a post-halving rally , an element backed by several analysts. For instance, crypto trading expert TradingShot acknowledged in a TradingView post on April 22 that Bitcoin is at a critical juncture, struggling to surpass and sustainably close above its record-high resistance. According to the analyst, the pattern has been marked by a period of sideways consolidation, and while it might suggest bearish sentiments, history suggests otherwise. Picks for you The world's richest YouTube boxer – Jake Paul's net worth revealed 34 mins ago Elon Musk’s X Payments ‘end goal’ revealed as a U.S. money transmitter 1 hour ago Short alert: Dogecoin could drop below $0.05 2 hours ago Ripple v. SEC court case update as of April 23, 2024 2 hours ago ...

Chinese Top VC Discuss Controversial Topics: Is AI+Crypto and Bitcoin L2 Just Hype? Is Binance Too Monopolistic?

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This episode of the podcast is organized by Wormhole & Pyth during the Hong Kong Activity Week. The host is Colin Wu, Founder of Wu Blockchain. Guests include BMAN, Co-Founder of ABCDE; Michael, Investment Lead at Inception Capital; Mia, Head of Ecosystem and Post-Investment at Hashkey Capital; Julia, COO of Caladan. This session mainly discusses some challenges currently faced by Chinese cryptocurrency VCs. The original text of this article is in Chinese. The editing and translation were completed by ChatGPT. There may be errors. What is the most important track you are currently focusing on? Why? Michael: Last year, I mainly invested in several AI projects, such as MyShell and Flock. Recently, I have shifted my focus to the Bitcoin track, especially projects like Merlin and Unisat. Currently, I am particularly interested in a project called UTX Stack or RGB++. I think it brings some innovative technical solutions to the Bitcoin domain. BMAN: Given our decade of experience in the ...

Weekly Project Updates: EigenLayer Mainnet Launches, Base NFT Trading Volume Hits New High, Jupiter Set for Major Update, etc

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1. EigenLayer and EigenDA Launch on Ethereum Mainnet, LST Staking to Reopen link On April 10th, EigenLayer and EigenDA officially launched on the Ethereum mainnet. EigenDA, as the first launched AVS (Application-Specific Verifiable Storage), competes with protocols like Celestia to provide data storage services for blockchain protocols. Eigen Labs CEO Sreeram Kannan referred to this release as a “beta version,” with certain functionalities temporarily limited, and plans to fully launch later this year. Eigen Labs raised $100 million from Andreessen Horowitz (a16z) last year. EigenLayer will lift all deposit limits for Liquidity Staking Tokens (LST) at 9:00 AM (PST) on April 16th and reopen the deposit window. 2. Base Chain NFT Trading Volume Approaches $31 Million in April, Reaching Monthly Record High link The data dashboard reveals that despite not even two weeks passing, the April Base NFT trading volume is approaching $31 million, with 43,000 individual buyers and over 280,000 tran...

Crypto Trader Turns Bullish on Ethereum-Based Altcoin, Says Project Will Be Axie Infinity of This Cycle

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A widely followed trader thinks one gaming project on Ethereum (ETH) will be the Axie Infinity (AXS) of this cycle. In 2021, AXS was one of the best-performing coins, pulling off a 174,900% gain when the gaming altcoin rallied from around $0.10 to $175. Now, pseudonymous trader Criptopaul tells his 107,600 followers on the social media platform X that Heroes of Mavia (MAVIA), another play-to-earn game, may have similar potential as AXS, partially because of its backing by several large seasoned venture capital firms. Says the trader, “Added MAVIA quite heavily here at $3.33. I talked about it on my Twitter before the launch and I still think it is the best Web3 game in the crypto space that is really bringing games and concepts from Web2 to Web3, one of the most adopted and mentioned games from users and on YouTube. I believe it is going to be the AXS of this cycle, with 15-20x potential ROI (return on investment). Basically backed by the top tier 1 funds/...

Bitcoin miners scooped $100 million for record daily revenue

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Bitcoin (BTC) miner s have achieved a new revenue milestone from validating transactions, following the 2024 halving. As Bitcoin fees surge, these miner s are making high earnings, sparking discussions about the future dynamics of the network. Following the recent Bitcoin halving on April 20, 2024, miner revenue surged to an all-time high of $106.7 million , with 75.444% of it stemming from network transaction fees. This highlights a pivotal shift in miner compensation strategies post-halving. Percent Miner Revenue from Fees. Source. Glassnode Surge in revenue amidst reduced block rewards The recent halving, which took place on April 20, 2024, drastically reduced the block reward from 6.25 to 3.125 Bitcoin. This strategic adjustment is designed to slow the increase of the total Bitcoin supply, which is capped at 21 million coins. Picks for you SHIB key support and resistance levels to watch this week 3 mins ago Buy signal for two strong cryptocurrencies this ...

BRICS: India Accused of Dumping US Dollars To Keep Rupee From Falling

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BRICS member India is accused for the third time in a year of dumping US dollars to keep the Rupee from falling. The US dollar hammered the India n Rupee making it fall to an all-time low of 83.61 this week. However, the Rupee managed to reverse course after briefly rising against the US dollar and reached 83.50. Also Read: Where’s De-Dollarization? US Dollar Hammers Other Currencies in 2024 The spike in the rupee, insiders say, is not natural and might have involved ‘players’ to keep it from falling. The players in question might be the Reserve Bank of India (RBI), which helped keep the rupee from crashing against the US dollar. BRICS members India, China, and Russia have previously been called out for interfering in the currency markets. Also Read: BRICS: China & Iran Make Major Announcement BRICS: India Might Have Dumped US Dollars To Stop the Rupee’s Fall Source: compareremit.com BRICS countries have been intervening in the foreign exch...

Top Crypto Gainers Today Apr 19 – Immutable X, Gala, THORChain, Internet Computer

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Halving events occur swiftly, but realizing their benefits takes months most of the time. Bitcoin’s “halving” event halves new coin supply, potentially impacting market dynamics. Experts caution against immediate price rallies, noting historical trends. The recent 12% drop hints at the correction phase post-halving anticipation. Production costs may rise, affecting miner revenue, with estimated yearly losses of $10 billion for the industry. Moreover, consolidation among miners is expected, with smaller players likely to come offline. Larger miners foresee increased market dominance, anticipating long-term profitability amidst structural demand. Biggest Crypto Gainers Today – Top List In today’s market, 22% of cryptocurrencies have climbed the price ladder amidst the significant Bitcoin halving event. Among them are the distinguished Internet Computer, THORChain, Gala, and Immutable X. These top gainers stand out for their impressive projects and price ...

Coinbase Shares Plunge 16% In Five Days, But Analyst Sees It As The Best Bet Since Tesla Five Years Ago

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Coinbase shares have plunged 16% in the past five days amid a broad market slump, but crypto analyst Will Clemente believes the US crypto exchange is the best bet since Tesla five years ago. “I think Coinbase is the biggest kind of venture-style bet in public markets since maybe Tesla about five years ago,” Clemente said in a recent episode of the Unchained Crypto podcast . Investors are still seeing Coinbase as just an exchange platform, when the company is actually transforming into a “crypto super app,” he added. Coinbase Generates $30 Million From Growing Base Network From an on-chain perspective, Coinbase’s Layer-2 network Base has been flourishing. In just the last 30 days, the network has generated $30 million in revenue for Coinbase from the blockchain’s sequencer fees alone, Clemente said. This adds to around $360 million in revenue a year, he continued. Clemente believes that traditional investors are currently overlooking all of the o...

Injective and Jambo partner to bring mobile-based DeFi to millions in emerging markets

Injective and Web3 mobile firm Jambo will partner to promote DeFi in Africa, Latin America and Southeast Asia. The collaboration seeks to make it easy for millions to access dApps via the Jambophone. Injective and Web3 mobile infrastructure platform Jambo have announced a partnership that will see the two companies collaborate to bring blockchain-powered financial solutions to millions of users in emerging markets. The partnership will tap into JamboPhone, a Web3 Android 13 smartphone, to introduce users across Africa, Latin America and Southeast Asia to Injective’s DeFi ecosystem. “Combining Injective’s robust infrastructure stack with Jambo’s mature Web3 mobile technology will enable us to efficiently scale DeFi to the point where it can tangibly help billions of people overcome socioeconomic hurdles, ” Mirza Uddin, head of business at Injective Labs said in an announcement. As part of the collaboration, users in these emergin...

Dogecoin Weekend Price Prediction as Bitcoin Halving Nears

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Dogecoin is one of the most sought-after crypto tokens on the market. The token has been projecting a steady price pace, trading at $0.14 at press time. The token is currently experiencing pre-halving jitters, as the overall crypto market momentum has slowed down in anticipation of the Bitcoin-halving event scheduled for April 20, 2024.  Also Read: Cryptocurrency: 3 Coins to Buy Before Bitcoin Halving for 10x Returns Dogecoin Price Forecast for the Weekend Source: Pymnts.com Despite the bearish onset of the market, Dogecoin is faring well as compared to its competitors. The token’s candlestick chart is showing the bull flag pattern, signaling its lasting potential to hold the ground steady amid market volatility.  Despite the chop for #Dogecoin The Bull Flag patter is still intact!! pic.twitter.com/w5pPzjMisu — Crypto Daily Trade Signals (@cryptodailyTS) April 18, 2024 The Dogecoin community has already started to echo the sentiment of “buying t...