What Is the Top NFT Lending Platform? Blend is the top NFT lending platform, dominating the market with a 92.9% share, at a monthly lending volume of $562.33 million in March 2024. Blend launched in May 2023 as the lending protocol offered by leading NFT marketplace Blur (BLUR), and immediately captured a majority 82.7% market share in the same month. Since then, Blend’s monthly market share has remained in the lead, ranging from 88.8% to 96.5%. In Q1 2024, Blend saw its NFT lending volume jump 49.2% quarter-on-quarter (QoQ) to reach a new high of $2.02 billion. Arcade, NFTfi Lead Among Smalle ..read more

As the Eid celebrations took place this month, many TRON (TRX) and Dogecoin (DOGE) holders started to get into the Kelexo (KLXO) presale amid speculations that all coins will record massive gains in 2024. Justin Sun’s view for the future of blockchain and the strategic vision for TRON (TRX) are in line with a time when institutional interest started to take hold post-Bitcoin halving. Implications of surges in the price across technical indicators and community events imply a further upside for Dogecoin (DOGE). During the Kelexo (KLXO) presale, they started to attract investors who wanted to o ..read more

Indonesian President Joko Widodo warned the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of crypto and non-fungible tokens (NFTs) for money laundering during a speech last Wednesday at the 22nd Anniversary of the National Movement for Anti-Money Laundering and Terrorism Financing Prevention at the State Palace, Jakarta. The president said he is aware of indications of money laundering through crypto assets amounting to $8.6 billion (139 trillion IDR) in 2021, referring to data from the 2022 Crypto Crime Report by Chainalysis, “This amount, equivalent to Rp ..read more

Crypto Price Today: Bitcoin remains stable at $66k while HBAR experiences an impressive 87% surge Crypto Price Today: Bitcoin, the pioneering cryptocurrency, continues to command attention as it navigates through tightly defined price ranges. As of the latest data, the price of Bitcoin stands at $66,698, reflecting a modest increase of 0.44% over the past 24 hours. With a market capitalization exceeding $1.3 trillion, Bitcoin maintains its position as the largest cryptocurrency by market value. However, trading volume has experienced a slight decline of 5.57%, currently standing at $24,156,04 ..read more

The recent market dip has been very brutal, with Ethereum (ETH) falling from above $4,000 to its current value of $3,226. Some analysts claim that this temporary setback could offer a buying opportunity at discounted prices for altcoins. However, some believe that certain altcoins will not recover from the fall. This has pushed at least 6,000 Theta Network (THETA) and Stellar (XLM) investors to invest in Fezoo (FEZ), a new decentralized exchange tipped to play a crucial role in the DeFi space. Fezoo (FEZ) is being lauded as the best crypto investment at the moment, leaving Theta Network (THET ..read more

The cryptocurrency market continues to grapple with volatility, and XRP has been no exception. After a promising start to the year, the price of XRP has mirrored the broader market slump triggered by Bitcoin’s correction. However, amidst the bearish sentiment, a different story is unfolding underwater – one involving deep-pocketed investors, or “whales,” accumulating the altcoin at a significant clip. XRP Whales Accumulate Millions Despite Price Drop While the price of XRP has dipped considerably from its highs in March, whale addresses have been quietly going on a buying spree. According to ..read more

Investing in cryptocurrencies such as Shiba Inu (SHIB), Retik Finance (RETIK), and Solana (SOL) presents an enticing opportunity for future growth, but it also comes with inherent risks and uncertainties. In the unpredictable landscape of digital assets, the question arises: can a $500 investment potentially grow to $10,000 within a year with careful consideration? While this outcome is theoretically possible, achieving it requires a comprehensive understanding of project fundamentals, market dynamics, and effective risk management strategies. In this discussion, we will delve into the vario ..read more

Cryptocurrencies, usually called crypto coins, are a type of digital currency. They function on decentralized networks such as blockchains that provide transparent and unchangeable transaction registers. Due to crypto coins’ decentralized nature, the potential to deliver higher returns, and offering a hedge against inflation, cryptocurrencies have become a valuable asset to invest in. However, their highly volatile nature makes it essential to pick the right cryptocurrency. Understanding this, our team at Coninfomania has analyzed all the major coins in the market and prepared a list of the b ..read more

Investors are still gauging macroeconomic factors, one observer said. Source link ..read more

Hedera Hashgraph (HBAR) price was the best-performing major cryptocurrency on Wednesday morning as investors cheered its progress on tokenization. The token surged by over 78% in the past 24 hours and by over 108% in the past 7 days. BlackRock turns to Hedera The main reason why Hedera Hashgraph token surged is that it has become a big player in the Real World Tokenization (RWA) industry. Tokenization is the process where real physical assets are converted into tokens that are backed by the blockchain technology. Tokenized assets can then be traded and moved easily. In a statement, Hedera Fou ..read more