The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.
Follow Mark on X. Ah, Halloween. The one night a year where we’re supposed to be scared of things that go bump in the night. You know, your classic cast of characters: Dracula, Frankenstein’s monster, your weird neighbor who leaves their Christmas lights up all year round. But here’s the thing—none of those guys actually […]
Empower Your Financial Future with Qubetics Tokens – VeChain and Artemis Are Joining the Blockchain Revolution Blockchain technology empowers projects across various industries by introducing innovative solutions that address specific needs in finance, supply chain management, and digital commerce. Qubetics, VeChain, and Artemis represent different aspects of this transformative technology. Qubetics is set to enhance […]
More than $223 million worth of short positions have been wiped out
Coinbase (Nasdaq: COIN) missed Wall Street’s Q3 2024 revenue estimate of $1.26 billion, reporting $1.2 billion. Its earnings per share of $0.28 also fell short of analyst expectations of $0.45. The crypto exchange’s EBITDA of $449 million also missed expectations by $20.2 million. Coinbase Faces “Softer Market Conditions” The missed estimates impacted the company’s share […]
Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,’ recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network’s overall activity, investor involvement, and possible market directions. Golden Cross On […]
A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt. Pseudonymous analyst Rekt Capital tells his 508,200 followers on the social media platform X that the native asset of the yield tokenization protocol Pendle (PENDLE) looks poised to start a new […]
HodlX Guest Post Submit Your Post Interoperability protocols are hailed as the key to unleashing limitless potential for DApps (decentralized applications) and DeFi (decentralized finance), paving the way for further industry innovation. These protocols promise to shape the future of multi-chain solutions and revolutionize how we interact with DApps. Once all chains are connected with […]
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time […]
BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.
The cryptocurrency market capitalisation surged to US$2.5 trillion, with Bitcoin trading above US$72K and nearing its all-time high. Bitcoin recorded 12 consecutive hours of gains, driving investor optimism toward a new peak. Over US$113M in crypto liquidations occurred in 24 hours; BTC open interest hit US$16B, while spot ETFs reached US$5B in volume. The cryptocurrency […]
Sui Network has attracted US$8.6M in inflows over 24 hours, with significant asset migration from Ethereum (US$257M) and Solana (US$32.2M) in the last 30 days. SUI coin has gained 11.2% in the past day, reaching US$2.10, and has seen a 22% monthly increase and 350% rise over the past year. MemeFi, a Telegram game, moved […]
… cryptocurrency investments. The man, who operated without the necessary licenses, solicited investments promising returns on digital currency …
TL;DR 10x Research estimates that Bitcoin could reach $100,000 by January 2025, driven by its prediction model and recent buy signals. The “Bitcoin black hole effect” highlights BTC’s dominance in absorbing value from altcoins, reflecting growing interest among institutional investors. Ethereum could benefit from new regulatory changes, although the firm remains cautious about its long-term […]
TL;DR Ripple will unlock 1 trillion XRP on November 1, with a nominal value of over $520 million. The dilution of XRP’s circulating supply could impact its market price, as has been seen in previous events. The company uses XRP sales to fund its operations and has sparked controversy over recent political donations. Ripple, the […]
Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic. Bitcoin Breakout Yet To Be Confirmed After a lackluster start to October – a historically bullish month for Bitcoin – the digital asset is exchanging […]
HodlX Guest Post Submit Your Post Telegram Mini Apps are sending the mercury through the roof – with good reason. With an estimated 950 million users on Telegram, these mini apps have tapped into the massive, entertainment-hungry user base and got them hooked. Case in point, look at how the likes of Hamster Kombat and […]
An analyst from one of the biggest asset managers in crypto thinks Bitcoin (BTC) is primed to surge in the coming months. Matthew Sigel, the head of digital assets research at VanEck, says in a new CNBC interview that the election will serve as a major catalyst for the top crypto asset. “The smallest-ever trough-to-peak […]
Market finally feeling recovery as investors are actively pushing their favorite assets forward
Today, we announced that Arjun is joining Kraken as co-CEO. We are also rolling out changes fundamentally changing how we innovate, build and roll out products for clients. Kraken was built from Day One with the mission of accelerating the global adoption of crypto so that everyone can achieve true financial freedom and inclusion. To […]
Although Bitcoin (BTC) fell short by $200 of establishing a new ATH against the US dollar, it achieved this milestone against several other fiat currencies. Most importantly, against the euro, where the crypto asset surpassed €68,000 for the first time in history. Bitcoin with a New ATH (Kind Of) The leading cryptocurrency reached €68,000 on […]
A token creator recently launched $LUCE, a new meme token, purchasing 67.06 million $LUCE for just 2 $SOL (around $130). Following his usual pattern, he sold all 67.06 million $LUCE tokens, making a modest 0.73 $SOL profit—about $130. Remarkably, the same $LUCE tokens he sold are now valued at over $2 million, far exceeding any […]
In the rapidly evolving world of cryptocurrency, security and reliability are paramount. Gemini, a leading cryptocurrency exchange, offers a secure way to buy, sell, store, and convert crypto. Millions of users trust Gemini to diversify their portfolios and navigate the complexities of the digital asset landscape. With a commitment to regulatory compliance, user-friendly interfaces, and […]
This was the first case against JPEX, which operated in Hong Kong without a license.
FBS2.0_Green.png. FBS Research Examines Cryptocurrency's Impact in Hyperinflated Economies. October 30, 2024 09:28 …
Crypto veteran Arthur Hayes thinks upcoming Chinese monetary policy will boost the price of Bitcoin (BTC). Hayes notes in a new analysis that BTC’s price “will soar” as long as fiat money is printed, regardless of who the recipient is. “The rhetoric right now from financial analysts is that the announced Chinese stimulus measures are […]
Ethereum’s staking yield is now lower than major Layer-1 protocols, with alternatives offering 7% to 21% returns. The validator queue for ETH has shortened significantly, indicating decreased demand. Traditional finance rates, such as 2-year Treasury yields, are surpassing ETH staking yields, leading to reduced collateral value. Despite lower yields, Ark Invest views Ethereum as crucial […]
Dogecoin (DOGE) has surged over 39% recently, sparking renewed euphoria and optimism among traders and investors. Key metrics from IntoTheBlock reveal that DOGE network activity has spiked multiple times over the past month, a sign of increased engagement that suggests the meme coin could be primed for more gains. As Bitcoin nears its all-time high, […]
TL;DR Despite an increase in revenue in the third quarter, Coinbase faces a challenging market and has lost the confidence of retail investors. The exchange’s shares have grown 27% this year. However, they are 40% below their all-time high. Coinbase is diversifying its revenue sources. Approximately half comes from institutional trading and non-trading services. Despite […]
TL;DR HEX (HEX) is a cryptocurrency designed as a high-interest savings account on the Ethereum blockchain, using staking for potential rewards. Price predictions for HEX from 2024 to 2030 vary widely, with some forecasts suggesting significant growth and others presenting a more conservative outlook. Investors should stay informed and consider the long-term potential of HEX, […]
Popular meme cryptocurrency SHIB has flipped AVAX amid major price growth
Publicly listed Bitcoin (BTC) miners from Wall Street are grappling with escalating production costs, with the average expense to mine one token reaching $49,500 in the second quarter, highlighting the growing challenges in the cryptocurrency mining sector. Bitcoin Miners Face Profitability Squeeze as Production Costs Soar The increasing costs, driven by rising electricity prices and […]