Injective (INJ) Rockets To Fresh ATH With 2,700% Surge

Driven by heightened futures trading volumes and leverage, the price of Injective (INJ) has soared to unprecedented levels of around $38.49, marking a remarkable 2,700% surge year-to-date. Notably, within a single day, the native token of the decentralized finance (DeFi) platform Injective, exhibited resilience and potential, demonstrating a noteworthy increase of 24% in its value. … Read more

Solana Saga Phone Sales Surge on eBay Amid BONK Hype and Anticipated Airdrops

The market for Solana Saga smartphones is witnessing an unprecedented surge, with recent sales on eBay reaching as high as $5,000, far exceeding the initial retail price. This spike in demand and value is primarily driven by the increased hype around BONK, a Solana-based meme coin, and expectations of lucrative future airdrops. High Demand for … Read more

Blockchain Gaming Market Set to Skyrocket to $614 Billion by 2030

In a mid-December analysis, Fortune Business Insights forecasted that the global blockchain gaming market is poised for explosive growth, potentially reaching an estimated $614 billion within the next seven years. This projection represents a growth rate of nearly 300% from the current market value of $154 billion. North America Leads, with RPGs Dominating The report, … Read more

Hodler’s Digest, Dec. 10-16 – Cointelegraph Magazine

Top Stories This Week BlackRock revises spot Bitcoin ETF to enable easier access for banks BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to participate by creating new shares in the fund with cash rather than just crypto. The new in-kind redemption “prepay” model will … Read more

Free Solana Phone? BONK Airdrop Now More Expensive Than the Device

Solana’s previously underperforming Saga smartphone has experienced a sudden and overwhelming surge in sales. This unexpected development is attributed mainly to the growing fascination with BONK, a meme coin on the Solana blockchain. Solana’s Saga Phone Sales Skyrocket with BONK Airdrop This unique situation began with an announcement in June about an airdrop of 30 … Read more

Goldman Sachs Foresees Major Growth in Blockchain-Based Asset Trading: Report

Goldman Sachs (GS.N) is gearing up for a significant increase in the trading of blockchain-based assets within the next one to two years, signaling a major evolution in digital asset markets. According to a Reuters report, Mathew McDermott, the bank’s global head of digital assets, stated that the Wall Street giant is not only preparing … Read more

Vitalik Buterin Proposes ‘Enshrined zkEVM’ to Address Ethereum’s Layer-2 Challenges

Vitalik Buterin, Ethereum’s co-founder, has proposed a new concept: the “enshrined Zero-Knowledge Ethereum Virtual Machine (zkEVM).” This initiative aims to enhance the efficiency and security of Ethereum’s Layer-2 protocols, particularly optimistic and ZK rollups, which are crucial for the network’s scalability. Vitalik Buterin’s zkEVM Layer-2 Solution In a recent blog post, Vitalik Buterin highlighted the … Read more

First Base Layer 2 Token to Be Listed on Coinbase, Airdrop Planned

Coinbase has announced the listing of SEAM, the governance token of Seamless Protocol, a decentralized lending and borrowing platform on Base layer 2 blockchain. This listing marks a significant milestone as SEAM becomes the first Base Layer 2 token featured on Coinbase. SEAM Token Lists on Coinbase In conjunction with the Coinbase listing, Seamless Protocol … Read more

LayerZero Plans to Launch its Own Token With $3 Million Airdrop: Details

LayerZero Labs has announced in a recent post on X that it plans to launch its own token in the first half of 2024. This announcement was made following months of community speculation and discussion about the potential creation of a LayerZero token. LayerZero Announces ZRO Token Launch With $3M Airdrop “We’ve heard the community … Read more

Sam Altman-Backed Crypto Startup Looks To Secure $100 Million For Bitcoin Private Credit Fund

Meanwhile Advisors, a crypto startup backed by the American entrepreneur Sam Altman, has announced plans to raise $100 million for a Bitcoin (BTC) private credit fund.  The fund, known as Meanwhile Private Credit Fund aims to provide institutional investors with access to BTC while targeting an additional 5% yield denominated in the cryptocurrency. Bitcoin Rally … Read more