How to Participate in Cryptocurrency Airdrops: A Quick Guide
Cryptocurrency airdrops are a great way to earn free tokens and explore emerging blockchain projects. Here’s a brief step-by-step guide to help you get started:
1. Stay Updated: Follow crypto news sites, join forums like Reddit, and subscribe to newsletters (e.g., Freecoins24.io) to track upcoming airdrops.
2. Set Up a Wallet: Use a compatible wallet like MetaMask, Trust Wallet, or Ledger. Always back up your recovery phrase securely.
3. Meet Requirements: Airdrops may require you to hold certain tokens, follow social media accounts, subscribe to newsletters, or complete simple tasks.
4. Register: Visit the project’s official site, complete the registration form, and verify your email.
5. Secure Your Tokens: Watch your wallet for incoming tokens, avoid scams, and stay informed about distribution updates.
6. Use Your Tokens: You can hold them, trade on exchanges, participate in the project’s ecosystem, or earn interest through DeFi platforms.
By following these steps, you can safely and effectively participate in crypto airdrops.
Bitcoin (BTC), the top cryptocurrency, is experiencing a strong rebound, with its price approaching the $100,000 level for the first time since February 2025. This surge is largely driven by significant inflows into Bitcoin exchange-traded funds (ETFs), signaling renewed investor confidence and interest in the crypto market.
Arizona has passed legislation to establish a Bitcoin reserve and allow up to 10% of public funds to be invested in Bitcoin. The move is designed to promote blockchain innovation and aligns with similar initiatives being pursued by other U.S. states.
First Abu Dhabi Bank (FAB) is preparing to introduce a Dirham-backed stablecoin in collaboration with investment company IHC and sovereign wealth fund ADQ. The digital currency will be issued on the ADI blockchain, pending approval from the Central Bank of the UAE.
ProShares is set to launch three new XRP ETFs this week, including leveraged and inverse options. These ETFs will be based on XRP futures, as spot XRP funds remain under review. Following the announcement, XRP’s price jumped by 7%.
As airdrops gain popularity in the crypto space, scams have become increasingly common. Here are some key tips to help you stay safe:
Never Share Your Private Key: Your private key gives full access to your wallet. No legitimate airdrop will request it. If one does, it’s almost certainly a scam.
Confirm the Source: Always double-check the origin of the airdrop. Scammers often mimic well-known crypto projects. If the offer sounds too good to be true, it probably is.
Do Your Research: Investigate the project offering the airdrop. Genuine airdrops typically come from projects with a reputable team, a detailed whitepaper, and a clear roadmap. Be cautious if these are missing or unclear.
Staying alert and doing your homework can greatly lower the risk of falling victim to an airdrop scam. Protect your information and assets by always putting security first.
Former President Donald Trump stated that the implementation of tariffs could lead to significant reductions in income taxes for many Americans, with some potentially seeing their taxes eliminated altogether. In a post on Truth Social, he emphasized that the tax relief would primarily benefit individuals earning under $200,000 annually.
Binance's Crypto Word of the Day (WODL) game is a must-try. This engaging challenge invites users to decipher crypto-related words daily. #wodlanswer #wodl
ProShares is set to launch three new XRP futures ETFs on April 30, following implicit approval from the SEC. These ETFs offer leveraged and inverse exposure to XRP prices but do not directly hold the cryptocurrency, unlike a spot ETF. They will join the Teucrium 2x Long Daily XRP ETF, which was the first XRP-focused ETF introduced to the market. $XRP
Ethereum ETFs saw weekly net inflows of $157.1 million—their first positive inflow since February—signaling renewed institutional interest. This buying pressure comes in the wake of President Trump's more conciliatory stance on China tariffs and Paul Atkins stepping in as the new SEC Chair. Meanwhile, ETH retested the key $1,800 resistance level, reflecting investor hesitation around the 50-day simple moving average.
U.S. President Donald Trump indicated that another delay in implementing his proposed "reciprocal" tariffs is unlikely, increasing pressure on other countries to reach trade agreements with his administration.
As of Friday, Ethereum (ETH) is trading at $1,775.60, reflecting a 1.12% increase over the past 24 hours, up from $1,755.96. However, daily trading volume has dropped by 19.18%, with approximately $15.1 billion worth of ETH changing hands. This decrease in volume may signal a decline in trader interest or reduced demand.
Over the past week, Ethereum has seen a solid gain of 12.12%, bringing its total market capitalization to around $214.35 billion.
Ethereum has kicked off a new upward trend, breaking past the $1,750 resistance level. The cryptocurrency is currently consolidating its gains and appears to be gearing up for a potential move above the $1,840 resistance.
ETH has initiated a rally beyond the $1,750 mark.
It is now trading above $1,720 and the 100-hourly Simple Moving Average.
A bullish trend line is forming with support near $1,780 on the hourly ETH/USD chart (based on Kraken data).
A clear break above the $1,820 resistance could trigger another strong upward move.
Bitcoin climbed back above the $90,000 mark for the first time since March, as investors continued pouring into the cryptocurrency for a second straight day amid ongoing stock market volatility and a weakening U.S. dollar.
According to Coin Metrics, Bitcoin was last up around 4.8%, trading at $91,563.27, pushing its two-day gain to over 8%. Earlier in the day, it hit $91,754.28 — its highest level since March 6. The cryptocurrency has now rebounded approximately 23% from its April low.
President Trump's meme coin, which had dropped 88% from its recent peak, saw a surge on Wednesday following an announcement on its website inviting the top 220 token holders to an "intimate private dinner" with the former president.
After the invitation was shared on the $TRUMP coin’s website and X account, the token's value jumped by as much as $5.32, or 58%, reaching $14.32 by Wednesday afternoon. Despite the spike, the increase only partially recovered losses from its previous high of $75.35, recorded on January 19, the day before Trump’s inauguration.
The official website for the $TRUMP coin announced a special event for its top supporters: an “unforgettable Gala DINNER with the President” scheduled for May 22 at his private club near Washington, D.C. The top 220 holders of the meme coin are invited to attend the dinner, while the top 25 holders will receive extra perks, including access to an “exclusive reception” with Trump before the dinner and a “Special VIP Tour” the next day.