After ten days of online voting, comprehensive data analysis, and discussions with our expert committee, this year's winners were announced at the live-streamed CMC Crypto Awards ceremony! If you missed the live ceremony, you can watch it now on CMC to discover this year's winners. |
Congratulations to the winners & thank you to all the nominees, and you, the community, for participating and making this event memorable. Special thanks to BingX, Animoca Brands, Binance, Trust Wallet, Coinbase, Chainwire, Zeebu, and ICP Hubs Network for supporting this celebration. We look forward to welcoming you back for the CMC Crypto Awards 2025! |
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Let's jump to our daily news recap! So what's new in crypto today? Bitcoin has been on a wild ride this week, giving us all a taste of the adrenaline-fueled volatility that we've come to know and love in the crypto space. The OG crypto briefly touched a new all-time high, exciting the entire community and leaving investors checking their portfolio balances more often than they check their social media feeds. However, just as quickly as it soared, Bitcoin decided to take a little breather and settled back below $68K, leaving everyone wondering if this is just a pit stop before the next leg up or if the bears are lurking around the corner, ready to rain on our bullish parade. And as always, we're here to keep you in the loop with today's top crypto news, so you can stay ahead of the curve. Let's dive into the headlines that have been making waves in the space. TLDR: |
- Wormhole announces airdrop details 🪐
- MicroStrategy seeks to raise $700M on its convertible note offering 💰
- Dogwifhat briefly surpasses Bonk as Solana's leading memecoin 🐶
- Meta shifts focus to enterprise applications in the metaverse 🏢
- Bitcoin Ordinals Runestone up for auction ahead of airdrop 🗿
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Let's dive deeper into these stories! |
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 | GLOBAL MARKET CAP | | | 2.51T | | ▲0.82% (24H) | |  | 24H MARKET VOLUME | | | $156.92B | | ▼38.44% (24H) | |  | BITCOIN'S DOMINANCE | | | 52.2% | | ▼0.2% (24H) | | |
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Data as of: 7 Mar 2024 10 AM UTC |
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Wormhole is gearing up to launch its W governance token, and they're not holding back on the distribution. We're talking a whopping 617.3 million tokens set for the "community and launch" category alone. The W token is already changing hands at $2.49, and it's not even officially out yet. The token will be available as both a Solana SPL20 token and an Ethereum ERC-20 token, which means it's going to be able to play nice with different blockchains. So how can users claim this airdrop? Read the full story! |
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MicroStrategy just upped the ante on its convertible note offering, and it's enough to make even the most hardcore crypto enthusiasts do a double-take. Here's the deal: MicroStrategy was originally planning to offer $600 million in convertible notes, which is already a hefty sum by any standard. But apparently, that wasn't enough for Saylor and his crew. They've decided to bump that number up to a cool $700 million, because why not? But here's where things get really interesting. If you're holding one of these notes, you've got a golden ticket to the MicroStrategy shareholder club. You can convert your note into MicroStrategy shares for $1,497.68 per share, which is a whopping 21% premium over the current market price. But what's the catch? Why would it offer such a huge premium? Read the full story! |
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There's a new top dog in Solana's meme kennel, and its name is Dogwifhat (WIF). This token briefly snatched the crown from Bonk (BONK) as the king of Solana's memecoins. It was like watching a digital dogfight, with billions of dollars on the line. But just as quickly as Dogwifhat took the lead, Bonk made its move. The crazy part? Dogwifhat went from a rookie to a top dog in record time. With listings on major exchanges like Robinhood Europe and Binance, the token had some serious stuff to fuel its growth. But as any seasoned crypto trader knows, what goes up must come down. And both Bonk and Dogwifhat have felt the bite of the market's pullback. Whose community seems strong enough to take the top Solana memecoin crown? Read the full story! |
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Thursday, 7 Mar on 3.30PM UTC |
| Discover Trust Wallet SWIFT: Your entry into Web3, exploring how it ensures a seamless and secure experience in our upcoming discussion with Trust's core team. |
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Meta's Metaverse Makeover | It looks like Meta is having a bit of an identity crisis. The company that once dreamed of a metaverse filled with cartoonish avatars and virtual dance parties is now singing a different tune. They're shifting their focus to enterprise applications and AI. In a recent blog post, Meta dropped some not-so-subtle hints about their change of heart. They're predicting that the metaverse will find its footing in the world of cubicles and conference rooms, rather than just in the living rooms of everyday users. But don't count the metaverse out just yet. Meta isn't completely abandoning the idea of a virtual world for consumers. They're just hedging their bets and putting more eggs in the enterprise basket. But how do they plan to integrate AI into all of this? Read the full story! |
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Bitcoin's Runestone: Going Once, Going Twice... 🔨 |
There's a new piece of digital history up for grabs, and it's got the Bitcoin world buzzing. The Runestone, a landmark inscription on the Bitcoin blockchain, is going up for auction. But this isn't your typical crypto sale – there's an airdrop twist. The team behind the Runestone is all about keeping things fair and square. They're not playing favorites with whales or insiders. The proceeds from the auction are going straight to the Bitcoin miners to cover the network fees for the upcoming Runestone airdrop. But who is going to receive this airdrop? How can users participate in it? Read the full story! |
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| That's a wrap. See you tomorrow with more stories! |
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