The surge in AI-focused cryptocurrencies, such as FET, TAO, RENDER, and NEAR, coinciding with Nvidia’s market performance, highlights the growing intersection between AI technology and the crypto market. Nvidia’s dominance in the GPU market, particularly its role as a key enabler of generative AI applications, has been a significant catalyst for the rally in AI […]
Goatseus Maximus (GOAT), a meme coin on the Solana blockchain, has emerged as one of the top performers in the crypto market, registering a 43% increase over the past 24 hours, as the broader crypto market experiences a bullish surge driven by the ongoing U.S. election results. At the time of writing, GOAT is trading […]
Bitcoin has just achieved a new all-time high, surging past the $70,000 mark after a week of trading below that level. At the time of writing, Bitcoin (BTC) is up 9.2% in the last 24 hours, reaching a price of $74,550. The cryptocurrency briefly touched a new all-time high (ATH) of $75,011, pushing its market […]
The Fall of Hamster Kombat Hamster Kombat (HMSTR), once a celebrated tap-to-earn game on Telegram, seemed on track for blockchain gaming stardom. Within mere months of its launch in March 2024, it amassed a staggering 300 million users, positioning itself as a viral sensation. However, in a shocking turn of events, the game’s popularity has […]
SynFutures, a decentralized derivatives trading platform, has unveiled its Perp Launchpad, a new initiative designed to help crypto projects create perpetual futures markets. The launchpad aims to expand trading opportunities for lesser-known tokens, providing users with more ways to interact with a diverse range of digital assets, according to a SynFutures press release. Unlike traditional […]
Bitcoin-based scaling solution exSat Network has launched staking services less than two weeks after its mainnet went live. The Singapore-based startup announced on Nov. 5 that it is now offering staking opportunities for Bitcoin (BTC) holders, aiming to create “new financial opportunities” within the ecosystem. According to a press release shared with Pinetbox.com , the […]
Moonwell, the third-largest decentralized lending platform on the Base blockchain, has seen a sharp decline in the value of its WELL token, erasing gains made in October. The token dropped to $0.07113, its lowest level since Oct. 25, marking a 36% decrease from its all-time high. Despite this drop, Moonwell’s market capitalization still stands at […]
XRP’s price gained momentum over two consecutive days as traders looked ahead to the highly anticipated U.S. election, which could have major implications for Ripple. On Nov. 5, XRP reached an intraday high of $0.52, marking a 5% increase from its lowest point this month. Despite this, the token remains in a local bear market, […]
In a significant move for the Japanese investment firm, Metaplanet has been included in CoinShares’ Blockchain Global Equity Index, known as the BLOCK Index, for the first time. This marks Metaplanet’s first inclusion in a globally recognized equity index and highlights the firm’s growing influence in the blockchain and cryptocurrency space. According to a press […]
The Pi Network IoU token has remained stable in recent days as the Pi Fest event kicked off, with traders eagerly awaiting the mainnet launch. On Tuesday, Nov. 5, Pi Coin (PI) surged to a peak of $52.18, marking its highest price since Oct. 5. This represents a significant 78% increase from its lowest point […]