Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The NFTs will have a total supply in the “tens of thousands” and have utility on the Reddit site. Several other major social media companies have made various moves in the NFT space in recent months. Share this article Reddit has partnered […]
Millennium Management, a global investment firm with over $60 billion in assets, has disclosed its significant Bitcoin exchange-traded fund (ETF) holdings for the first quarter of 2024. According to a recent 13F filing with the Securities and Exchange Commission (SEC), Millennium holds approximately $1.9 billion in various US-traded spot Bitcoin ETFs. Institutional Bitcoin ETF Investments […]
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The Ethereum-based NFT game Apeiron, developed by Foonie Magus, just unveiled its upcoming gaming tournament—‘Apeiron Guild Wars 2024’. Featuring rogue-lite dungeon card battles with nods to classic god games like ‘Populous‘ and ‘Black & White’, Apeiron offers a fast-paced gaming experience. Launching on May 21, its Guild Wars event promises an exhilarating journey, boasting a staggering $1 million prize pool, […]
Aethir – a distributed GPU cloud computing platform – has announced teaming up with NFT giant Magic Eden to boost Web 3.0 gaming on a massive scale. The aim is to create a unified Web 3.0 gaming ecosystem by utilizing Aethir’s enterprise-grade GPU infrastructure and Magic Eden’s NFT platform. The latest initiative will also enable […]
Fantasy Top, a new Ethereum-based NFT game that turns Crypto Twitter influencers into tradable cards, has taken the crypto world by storm since its launch on the Blast layer-2 network just one week ago. The game has quickly become one of the most profitable crypto apps, generating over $9 million in fees and revenue from […]
Tether Operations Limited, the prominent stablecoin player in the digital asset industry, has announced an additional investment in CityPay.io. This strategic partnership aims to accelerate the adoption of cryptocurrency and introduce cutting-edge technologies in the region. CityPay.io, a leading payment processing company, currently operates across more than 600 locations in […]
Quick Take Hong Kong ETFs According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8. While Bitcoin (BTC) ETFs saw overall inflows, Ethereum (ETH) ETFs saw outflows. HK Crypto ETF Flow Table: (Source: Farside) Farside data shows that the BTC ETFs in […]
TL;DR Dogecoin has seen a 12% increase in value weekly, largely attributed to Tesla adopting it as a payment method. DOGE holders in profit are on the rise, significantly outnumbering those invested in Shiba Inu (SHIB). DOGE Investments Flash Green The largest meme coin in terms of market capitalization—Dogecoin (DOGE)—has been among the best-performing cryptocurrencies […]
Core Scientific reported a $210.7 million net income for the first quarter on May 8. The change represents an increase of $211.1 million from the first quarter of 2023, when the company reported a net loss of $0.4 million. The company also reported $179.3 million in first-quarter revenue, including $150 million from crypto mining and […]
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