Author: Digicoinvision
Hip Hop legend Snoop Dogg released a nearly 1 million non-fungible token (NFT) collection on Telegram, which sold out in minutes. The launch created massive interest online and raised over $10 million in sales. Related Reading Snoop Dogg’s Telegram Drop Raises $12 Million On Wednesday, Snoop Dogg launched digital collectibles on Telegram, igniting an NFT frenzy on the platform. The collection offered unique NFTs inspired by the rapper’s style, including multiple marijuana-themed collectibles, anthropomorphic beagles, and vintage cars. The drop is part of Telegram’s Collectible Gifts, unique works of art on the platform that can be displayed on profiles and…
As XRP struggles to hold the $2.20 level and blue-chip tokens like Bitcoin and Ethereum trade flat, several lesser-known altcoins are stealing the spotlight with explosive gains. Meme coin Hosico Cat (HOSICO) is up nearly 44% in 24 hours, buoyed by a $2.2 million Solana giveaway campaign. Meanwhile, Everscale (EVER) spiked on the back of a high-profile conference and ecosystem upgrades, and Shentu (CTK) soared despite a lack of clear catalysts. The rally among these altcoins suggests traders are chasing momentum and community-driven projects while waiting for a breakout in larger-cap assets. Hosico Cat Hosico Cat has surged 43.7% in…
USDT controls the stable coin market with the market cap of $158.8 billion and market share over 62%. USDC, DAI and USDe hold second place in terms of their steady adoption although at smaller volumes and capitalization. New stablecoins such as PYUSD, USDY, and USD0 are also gaining traction even though they have limited liquidity. Tether (USDT) has strengthened its dominance in the stablecoin market with an overwhelming 62.42% market share. Its market capitalization has reached up to $158.8 billion with a whopping trading volume of 24 hours totaling to $98.8 billion. This liquidity overshadows its closest rival and solidifies…
Florida’s top prosecutor has opened an investigation into trading platform Robinhood, alleging it has been falsely promoting its crypto services as the least expensive on the market.However, Lucas Moskowitz, Robinhood’s general counsel, told Cointelegraph in a statement that the platform is transparent about its fees, and customers trade crypto at the lowest cost on average. In a statement on Thursday, Florida Attorney General James Uthmeier accused Robinhood of breaking Florida’s Deceptive and Unfair Practices Act and issued a subpoena asking for various documents from the platform. Source: Attorney General James Uthmeier“Crypto is a vital component of Florida’s financial future,” and when…
Ethereum, the blockchain network previously known in the non-fungible token for powering the majority of blue-chip non-fungible token collections, has finally regained the non-fungible token market dominance from the Immutable and Polygons blockchain networks. In the past 24 hours, the Ethereum-based NFT collections have amassed a trading sales volume of over $7.5 million, up 31% from the past day. Ethereum Reclaims The NFT Market Dominance Data fetched by CryptoSlam confirms that the Ethereum blockchain has finally reclaimed the non-fungible token dominance. CryptoSlam.io is one of the leading non-fungible token aggregator platforms that collects and analyzes data on non-fungible tokens across…
Crypto memecoin creation platform Pump.fun has made its first-ever acquisition, buying the wallet-tracking platform Kolscan, with its founder looking at gamification to drive growth. Pump.fun said on Thursday that it had acquired Kolscan, a platform named after the term “key opinion leader” that “monitors the activities of top onchain traders,” gives real-time transactions, their gains and a “leaderboard ranking their performance.”“Our integration will not only enable better products for both Kolscan and pump fun users, but allow for totally new experiences that will change the entire onchain trading landscape,” Pump.fun said.The acquisition appears to be a bid from Pump.fun to bolster…
Robinhood launched Ethereum (ETH) and Solana (SOL) staking services for U.S. customers on July 10, enabling users to earn staking rewards on their crypto holdings with as little as $1.The new feature expands Robinhood’s staking offerings beyond Europe, allowing American customers to participate in blockchain validation without directly running validators themselves.For Ethereum, Robinhood will use a batch-processing method that pools customer stakes to meet the network’s minimum 32 ETH validator requirement. Depending on aggregation dynamics, users can expect to receive between 50% and 100% of Ethereum’s protocol staking rewards.Solana staking is also now available, with Robinhood managing all technical processes…
Florida’s top prosecutor has opened an investigation into trading platform Robinhood, alleging it has been falsely promoting its crypto services as the least expensive on the market.However, Lucas Moskowitz, Robinhood’s general counsel, told Cointelegraph in a statement that the platform is transparent about its fees, and customers trade crypto at the lowest cost on average. In a statement on Thursday, Florida Attorney General James Uthmeier accused Robinhood of breaking Florida’s Deceptive and Unfair Practices Act and issued a subpoena asking for various documents from the platform. Source: Attorney General James Uthmeier“Crypto is a vital component of Florida’s financial future,” and when…
Ethereum price started a fresh increase above the $2,800 zone. ETH is now consolidating gains and might aim for a fresh move above $3,000. Ethereum started a fresh increase above the $2,850 level. The price is trading above $2,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,885 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,840 zone in the near term. Ethereum Price Rallies Above $2,880 Ethereum price started a fresh increase above the $2,750…
Stablecoin issuer Agora raised $50 million in a Series A funding round led by crypto venture firm Paradigm. The investment sets the stage for Agora to expand its white-label stablecoin offering, AUSD, amid growing interest in dollar-backed digital assets.Agora enables companies to launch their own branded stablecoins using AUSD’s underlying infrastructure, benefiting from shared liquidity and interoperability. The project is founded by Nick van Eck, son of VanEck CEO Jan van Eck, alongside crypto veterans Drake Evans and Joe McGrady.“What we wanted to do is really something novel, which is start by building the network,” van Eck told Fortune. “We…