NFT sales fell 44% as crypto dipped, memecoins steal mind share in Q2

Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.

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No clear catalyst for bloodbath as top altcoins fall double digits

Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflows.

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Central Banks Show ‘a Lot More Pessimism’ About US Dollar, Survey Shows

The latest gold reserves survey by the World Gold Council shows that central banks are less optimistic about the future role of the U.S. dollar while their confidence in gold has risen. “There was basically a lot more pessimism about the U.S. dollar and a lot more optimism for gold,” said the council’s director of [...]

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Polls suggest Elizabeth Warren’s anti-crypto army strategy may not pay off

The United States Senator for Massachusetts Elizabeth Warren is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting the majority of Americans think crypto is a key innovation for the future. In a March 30 Tweet, Warren suggested she was fighting to put “government on the side of working [...]

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‘Killer use case’: Citi says trillions in assets could be tokenized by 2030

Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030. That would mark an 80-fold increase from the current value of real-world assets locked on blockchains, Citi explained [...]

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Crypto Industry’s Reputation Takes a Hit: FTX and Bitcoin Rank at the Bottom of 2023 Axios Harris Poll 100

A recent survey conducted by Axios and Harris Poll, which polled 16,310 Americans, has revealed some interesting findings about the reputation of two select entities in the crypto industry. FTX, a crypto exchange that has since gone out of business, has been ranked at the very bottom of the list, coming in at 99 out

The post Crypto Industry’s Reputation Takes a Hit: FTX and Bitcoin Rank at the Bottom of 2023 Axios Harris Poll 100 appeared first on BTC Ethereum Crypto Currency Blog.

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Argentine Poll Reveals 57% Lack Trust in President Milei Following LIBRA Scandal

According to a recent survey, the majority of Argentines, about 57 percent, do not trust President Javier Milei following his stance on the controversial Libra project. The lack of trust in the president stems from concerns over his handling of economic policies and the country’s financial stability. The survey, conducted by a reputable polling agency, [...]

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Introducing Book Of Meme (BOME), The Latest $1 Billion Crypto Sensation

Memecoin project Book of Meme (BOME) has emerged as the latest shining star in the crypto market over the last few days. Following its official launch this week, BOME has attracted much investor interest, acquiring a market cap of $1 billion within 48 hours of trading. BOMEs sudden emergence can be regarded as a silver lining in the crypto space in the last week amidst Bitcoins 4% decline, which resulted in the maiden cryptocurrency falling to around $65,345.14. Meanwhile, Ethereum is also down by 10%, while prominent memecoins Dogecoin and Shiba Inu also recorded losses to the tune of 24.23% and 16.69% over the last seven days.  Related Reading: Solanas Biggest Memecoin Gains Over $680,000 In 3 Days As Investors Bet On Its Popularity What Is The Book Of Meme? The Book of Meme was founded by DarkFarms, the creator of another popular memecoin Pepecoin. BOME functions as an experimental project aimed at incorporating memes, decentralized storage solutions, degen shitcoin trading, and gambling on a single platform in a bid to create a novel web3 experience.  Following a successful presale that raised 10,131 SOL, BOME debuted in the crypto market on March 14 with an initial price of $0.0000496. Over the next two days, Book of Meme swiftly rose to a price region of $0.012 while achieving a market cap value of $1 billion.  Due to the sudden listing by Binance, MEMECOIN BOME rose sharply by 243% in 24h, but other MEMECOINs generally fell sharply, PEPE WIF FLOKI BONK fell by more than 10%. The current market value of BOME has exceeded US$1.38 billion, ranking seventh in MEMECOIN in terms of market Wu Blockchain (@WuBlockchain) March 16, 2024 Unsurprisingly, BOME’s expeditious rise has earned the coin listings on major crypto platforms, including KuCoin, Gate.io, MEXC, HTX, Crypto.com and Binance. In particular, BOMEs listing on Binance on March 16 is believed to have spurred the token to a 243% price gain within a day, allowing the memecoin to gain a peak market cap of $1.55 billion.  In a similar fashion with other highly successful memecoins, some investors have benefitted the most from BOMEs rise. Data from LookonChain reveals that a certain investor already sold all 347 million BOME for 34,647 SOL valued at $6.58 million, recording a 340x gain on 102 ($19,000) investment at the presale. Meanwhile, the largest BOME holding personal address known as sundayfunday.sol currently holds 1.242 billion BOME, valued at $29.8 million.  Related Reading: Dogecoin Open Interest Maintains Record Highs, Is A Crash Coming? BOME Price Overview At the time of writing, Book of Meme currently trades at $0.02139 with a 58.08% gain on the last day. Meanwhile, the coins daily trading volume is up by 125.05% and is valued at $5.18 billion. BOMEs current market cap stands at $1.18 billion, allowing the memecoin to rank as the 85th largest cryptocurrency.  BOME trading at $0.020112 on the hourly chart | Source: BOMEUSDT chart on Tradingview.com Featured image from KuCoin, chart from Tradingview

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Better Mining Efficiency of ZIL with ASICs and Old Low-VRAM GPUs on Ezil.me

The Ezil.me mining pool has introduced a new beta feature targeted at miners using ASIC miners such as iPollo or older GPUs with less video memory onboard that would allow them to make more profit when dual-mining Zilliqa (ZIL). These devices do not allow to cache a DAG file for ZIL in advance to avoid […]

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Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

"NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm.

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Bitmain Has Announced the Upcoming AntMiner E9 Pro ETC Miners

The sale of the updated Pro version of the AntMiner E9 ETC/ETC miner is apparently going to start in a few days according to a tweet from Bitmain. The new Bitmain AntMiner E9 Pro ETC miner is supposed to deliver 3680 MH/s with 2200 Watts of power usage or 0.6J per MH/s efficiency with a […]

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Silencing the iPollo V1 Mini Ethash/ETChash ASIC Miner Among Other Things

A few days ago, we have shared our First Impressions from the iPollo V1 Mini Ethash/ETChash ASIC Miner and now it is time to dig a little bit deeper into this compact and pretty powerful home-oriented miner. One of the first things that came to mind when we have opened this 300 MH/s Ethash/ETChash ASIC […]

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First Impressions from the iPollo V1 Mini Ethash/ETChash ASIC Miner

We got a hold of a nice little golden iPollo V1 Mini Ethash/ETChash ASIC miner and decided to play around with it to see why so many people like these small home-oriented high-hashrate and low-power ASIC miners with support for the Ethash and ETChash algorithms. You might be able to score a good deal on […]

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Trying to Further Optimize the Jasminer X4 1U ASIC Miner

We’ve been playing around with a Jasminer X4 1U Ethash and ETChash ASIC miner for a couple of days now and we have some more things to share with you if you are interested in the device. We’ve already covered some interesting findings and possible tweaks for the Jasminer X4 1U ASIC miner here, but […]

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Apollo Teams Up With Anchorage to Expand its Product Offering

Apollo Global Manage and Anchorage have partnered to expand the former's crypto products (Read More)

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More Information About the Jasminer X4 1U Ethash-Etchash ASIC Miner

Yesterday we have published our First Hands-On Experience with the Jasminer X4 1U Ethash-Etchash ASIC Miner and today we are continuing with some useful information about the device for anyone that might own it already or plans to get a Jasminer X4 to play with. As we’ve already mentioned this ASIC miner for Ethash and […]

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10,000+ Person Global Survey on Crypto Finds Investors HODLing, and Surprising Amount Of Public STILL Having "NO IDEA How It Works"...

The survey was administered to 10,500 individuals between the ages of 18 and 64 from 19 countries in Latin America, Europe, Asia, and the United States, conducted by Toluna, a market research company used by many Fortune 500 companies.

The purpose of the survey was to assess the level of familiarity with and interest in the cryptocurrency industry.

The objective was to gauge public opinion on:

• Market-wide familiarity, knowledge, and attitudes regarding cryptocurrency
  
  
• The forces that drive consumer cryptocurrency interest
  
  
• The cryptocurrency outlook among investors in turbulent 2022.
  

But that discouraging data may be offset seeing 32% of those surveyed say they've already purchased crypto - a fairly impressive number considering the poll used a random sample of people, being over 18 years old was the only requirement.

Among these crypto owners, 81% said they have no plans to sell their current holdings, and 42% said they intend to purchase more in the next six months.

There's excitement about cryptocurrencies and the potential it has to improve people's lives coming from Mexico, Chile, and Brazil. These countries are the most confident and trusting of the technology.

About a year ago in another study by another company these same countries also stood out for this reason - looks like the bear market wasn't enough to change their minds.

People in those regions say they're turning to cryptocurrencies "to protect themselves from their local economies" and view it as a "long-term investment" with a high likelihood of success.

You can see all of the survey results here.

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Author: Justin Derbek
New York News Desk
Breaking Crypto News

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Apollo DAO to close vaults on Terra Classic

The protocol's TVL has plunged from around $200 million in September 2021 to less than $125K.

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Crypto Market Is About to Tilt for Institutional Investors

Banking Institutions have already entered the digital asset market in Australia. CBA was the first bank in the nation to

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Plugin and Inclusive Growth Chain Partnership To Check Air Pollution in Real-time

Plugin and Inclusive Growth Chain (IGC) are collaborating to track and improve real-time air pollution monitoring and make the development

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