CMC Crypto Awards: Crypto of the Year Nominees - Cast Your Vote!

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRnubUzP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWE5ejN5d2I4Z3pzdVcDc3BjQgpl1TMw12UH8ZLDUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   [CoinMarketCap Crypto Awards | Crypto of the Year](~/AAQRxQA~/RgRnubUzP0RMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9ldmVudHMvY3J5cHRvLWF3YXJkcy0yMDI0LWNyeXB0by8_bGlkPWp3ajFlbzZ3MGh2cVcDc3BjQgpl1TMw12UH8ZLDUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Crypto of The Year Nominees - Cast Your Vote! We're excited to announce CoinMarketCap's Crypto of the Year nominees. After a year of ups and downs, these projects stood out for their innovation, Resilience, and impact on the industry. So, without further ado, here are our five nominees for the Crypto of The Year Award: [Nominees Crypto of the Year] Watch our video for an in-depth look at the nominees & vote for your favorite Crypto Of The Year! [Watch & Vote Now](~/AAQRxQA~/RgRnubUzP0RMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9ldmVudHMvY3J5cHRvLWF3YXJkcy0yMDI0LWNyeXB0by8_bGlkPWNtNnBxZ203YnJtMFcDc3BjQgpl1TMw12UH8ZLDUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [CMC Crypto Awards 2024 | Vote Now](~/AAQRxQA~/RgRnubUzP0RMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9ldmVudHMvY3J5cHRvLWF3YXJkcy0yMDI0LWNyeXB0by8_bGlkPWYwMjBocnN0dGY3OVcDc3BjQgpl1TMw12UH8ZLDUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Let’s jump to our daily news recap! So what’s new in crypto today? Bitcoin hit some bumps this week after failing to push past the resistance. By mid-week, it dropped close to where it was trading before the recent pump. Some believe uncertainty around Bitcoin ETF’s future is the reason. But that's not the whole picture. There's also a broader shift happening as more investors are getting excited about AI. With OpenAI just debuting Sora and Nvidia’s report raving about exploded demand for its chips, it makes sense some money is flowing into these high-potential areas. In any case, there's plenty of stuff happening in crypto too. Let’s break down the need-to-know headlines: - Bitcoin struggles to break past resistance ❓ - AMD partners with Wormhole to amp up interoperability and security 🤝 - Ripple CEO predicts demand for an XRP spot ETF 📈 - Crypto-friendly election candidates get millions in donations 💰 - Pudgy Penguins toys expand into 3,100 Walmart stores 🐧 Now let's dive deeper into these stories...   [Globe Icon] GLOBAL MARKET CAP 1.99T ▲2.1% (24H) [24H Icon] 24H MARKET VOLUME $84.07B ▼7.9% (24H) [Bitcoin Icon] BITCOIN’S DOMINANCE 51.3% ▼0.43% (24H) FEAR & GREED INDEX [Fear & Greed Index] [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRnubUzP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWlucjFiY2kxZm84MlcDc3BjQgpl1TMw12UH8ZLDUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRnubUzP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9NGF3dzBsbjlmZWo0VwNzcGNCCmXVMzDXZQfxksNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRnubUzP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1ieXB1anIyd2xrc2ZXA3NwY0IKZdUzMNdlB_GSw1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRnubUzP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPXRyeDY3ZTliZ3cxN1cDc3BjQgpl1TMw12UH8ZLDUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 22 Feb 2024 10 AM UTC Bitcoin Drops After Hitting Highs Bitcoin's upward move took a hit this week after the coin struggled to break past resistance levels and dropped close to where it traded last week. This pullback has analysts debating the short-term outlook. One factor contributing to the uncertainty is Bitcoin's failure to hold the highs it reached around $53,000 and has been facing selling pressure since. There is also doubt about whether the recently launched Bitcoin ETFs will continue boosting market sentiment. But why did it exactly drop below $52.8K? [Read the full story](~/AAQRxQA~/RgRnubUzP0R3aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYnRjLWRyb3BzLXRvLXdlZWtseS1sb3dzLWFzLXRyYWRlcnMtZm9jdXMtb24tbnZpZGlhLWVhcm5pbmdzP2xpZD1obTNtamJpaXYzOThXA3NwY0IKZdUzMNdlB_GSw1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) !   AMD 🤝 Wormhole AMD, a leading computer chip producer, is strategically partnering with Wormhole, a blockchain connectivity platform. The goal is to use AMD's specialized hardware knowledge to improve Wormhole's interoperability and security. Specifically, AMD will integrate its powerful enterprise accelerators into Wormhole's ecosystem. This advanced hardware will aid the development of multi-chain decentralized apps on Wormhole to enhance speed and scale. Which blockchain network will benefit the most from this partnership? [Read the full story](~/AAQRxQA~/RgRnubUzP0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaW50ZXJvcGVyYWJpbGl0eS1wcm90b2NvbC13b3JtaG9sZS1hbm5vdW5jZXMtcGFydG5lcnNoaXAtd2l0aC1jaGlwbWFrZXItYW1kP2xpZD1seWY3ZXZ2OTZiYWpXA3NwY0IKZdUzMNdlB_GSw1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   XRP ETF The CEO of Ripple recently expressed excitement about having a potential XRP spot ETF. He predicted investor demand shifting towards a wider variety of crypto fund options beyond just Bitcoin and Ethereum products available now. Specifically, the CEO expects ETFs to emerge around individual tokens like XRP as the crypto market evolves to serve diverse preferences like traditional stock exchanges. Are there talks between the SEC and institutions for an XRP ETF that the public doesn’t know about? What sparked this enthusiasm in Ripple’s CEO? [Read the full story](~/AAQRxQA~/RgRnubUzP0R-aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY2VvLW9mLXJpcHBsZS1icmFkLWdhcmxpbmdob3VzZS1zYXlzLWl0LW1ha2VzLXNlbnNlLXRvLWhhdmUteHJwLWV0Zj9saWQ9NjB5M2szZGV4aHhnVwNzcGNCCmXVMzDXZQfxksNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Crypto-Friendly Election Candidates Get Donations The founders of the crypto exchange Gemini have donated millions to political candidates favoring the industry in the upcoming 2024 elections. Tyler and Cameron Winklevoss directed nearly $5 million to a fund called Fairshake backing lawmakers embracing web3 innovation and blocking aggressive regulation. That big contribution swells Fairshake's war chest to over $70 million total from crypto players like Kraken and top VC Andreessen Horowitz. The monetary momentum fuels efforts combating potential over-reaction as crypto faces increased legal scrutiny lately around volatility and failures. Will such huge donations help these politicians improve crypto regulations in the US? [Read the full story](~/AAQRxQA~/RgRnubUzP0SNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2lua2xldm9zcy10d2lucy1kb25hdGUtZG9sbGFyNDltLXRvLXN1cHBvcnQtcHJvLWNyeXB0by1jYW5kaWRhdGVzLWluLXVzLWVsZWN0aW9ucz9saWQ9ZHYxcGRrd2R1azE1VwNzcGNCCmXVMzDXZQfxksNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Pudgy Penguins 🤝 Walmart Popular NFT collection Pudgy Penguins is rapidly expanding toy sales through US superretailer Walmart. After nearly one million toys sold last year totaling $10 million in Walmart stores, the retailer now stocks the figures in over 3,100 locations - more than double the original amount. The exclusive partnership first brought Pudgy Penguins' intellectual property onto retail shelves last year. This proved the brand has pop culture buyer appeal beyond just digital collectors. Did you know these toys are giving away NFTs and items too? [Find out how](~/AAQRxQA~/RgRnubUzP0SQaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcHVkZ3ktcGVuZ3VpbnMtZXhwYW5kcy1wYXJ0bmVyc2hpcC13aXRoLXdhbG1hcnQtYWZ0ZXItc2VsbGluZy1kb2xsYXIxMG0td29ydGgtb2YtdG95cz9saWQ9YXh2cm13Y2RvNThkVwNzcGNCCmXVMzDXZQfxksNSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) a buyer can claim them!   And that wraps up the key crypto developments. 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