Day: December 13, 2024

OnChain Heroes NFT Surges 13x, Ignites GameFi Rally

The GameFi sector continues its hot streak as OnChain Heroes, a new idle RPG developed by pseudonymous creator SkarlyWarly, sees its genesis NFT collection surge over 13x from its mint price within a single day. The collection of 1,000 ring NFTs minted at 0.2 ETH per NFT and quickly climbed to 0.7 ETH on the […]

Billionaire Says: Own Some Bitcoin

Billionaire and Interactive Brokers Group founder Thomas Peterffy has encouraged investors to acquire Bitcoin while advising caution due to its inherent volatility. Speaking in a Bloomberg interview on Wednesday, Peterffy recommended allocating a modest portion of one’s net worth to the leading cryptocurrency. “I would recommend that people put maybe 2% to 3% of their […]

Avalanche Secures $250M, AVAX Eyes Rally

The Avalanche Foundation has successfully raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Following the announcement, AVAX prices surged nearly 9%, trading at $52.80 as of press time. The funding round saw participation from over 40 investment firms, marking a significant vote of confidence in Avalanche’s ecosystem. […]

Pro-Crypto French Hill to Lead Financial Services

Republican lawmakers have selected French Hill as the next Chairman of the U.S. House Financial Services Committee, replacing retiring chair Patrick McHenry. Hill, a known advocate for pro-crypto policies, triumphed over fellow Republican contenders Andy Barr, Frank Lucas, and Bill Huizenga in a vote held on Thursday. In his statement on X, Hill expressed gratitude: […]

Coinbase Adds Gigachad, Magic Eden, and Turbo

Leading US crypto exchange Coinbase has expanded its offerings by adding support for three new digital assets, including the memecoin Gigachad (GIGA). Built on the Solana (SOL) network, GIGA draws inspiration from Russian bodybuilder Ernest Khalimov, whose viral photos became an internet sensation. Following its Coinbase debut on Tuesday, GIGA surged more than 39%, climbing […]

Ripple’s Legal Chief Slams SEC’s Crenshaw Renomination

Ripple’s Chief Legal Officer, Stuart Alderoty, openly criticized the potential renomination of U.S. SEC Commissioner Caroline Crenshaw. Taking to social media platform X on Wednesday, Alderoty called Crenshaw “even more rogue than Gensler,” referring to her hardline stance against spot Bitcoin ETFs. Alderoty’s remarks come in response to Crenshaw’s continued opposition following a court ruling […]