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“DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which recently raised $53 million in support of Wikileak’s founder, Julian Assange. According to Noa, the fundraising campaign was “a huge success” that showed how the power of a DAO
Recent research shows that decentralized exchanges that distribute tokens via airdrops see a big boost in user numbers and transactions. But, is building communities this way just crypto’s version of printing money? Airdrops — the disbursal of free tokens to early users as a way of rewarding and building momentum — have been around for
Bitcoin (BTC) fell through $40,000 as Wall Street opened on Feb. 18 with analysts watching lower levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin falls to two-week lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD teasing a $40,000 breakdown throughout Feb. 18, with several attempts seeing bounces higher before the level finally gave
Morgan Stanley’s wealth management global investment office has published a report on Ethereum (ETH) arguing that the blockchain’s dominance could dwindle if strong market competition emerges. The investment banking giant’s report is titled “Cryptocurrency 201: What Is Ethereum?” and it provides a detailed rundown of the ecosystem along with its advantages and disadvantages in relation
Social networking titan Twitter says it is expanding the crypto assets and payments platforms compatible with its new tipping feature. In a new announcement, Twitter tells its 6,900,000 followers that it will now be incorporating wallet addresses associated with top altcoin Ethereum (ETH) into its tipping feature. The social media giant says it will also
Crypto analyst Justin Bennett is analyzing recent chart action for the top two crypto assets, naming the levels they must reach to confirm bullish breakouts. In the latest issue of his Cryptocademy newsletter, Bennett says that as long as Bitcoin (BTC) can hold the $40,000 support level, then reaching $50,000 is possible for the leading
The president of a top-US crypto exchange says Bitcoin’s (BTC) market share dominance is not guaranteed in the future. In a new interview with CNBC’s Squawk Box, FTX.US president Brett Harrison says altcoins like Ethereum (ETH) and Solana (SOL) are eating into BTC’s share of the pie. According to Harrison, the trend of Bitcoin’s dominance over the crypto market
Crypto analytics firm Santiment is seeing bullish on-chain indicators for the top two digital assets by market cap. According to Santiment, Ethereum (ETH) transaction fees are dropping, a good sign for the leading smart contract platform. “Transaction fees are now officially at their lowest level since July 28th, 2021. Low fees typically maximize the chances
A rare CryptoPunk non-fungible token (NFT) just shattered sale records after selling for tens of millions of dollars worth of Ethereum (ETH). The CryptoPunks project is a collection of 10,000 unique, 8-bit-style pixel art images of punk-movement-inspired characters with unique traits and features. The authenticity and originality of each item can be independently verified using