TL;DR dApps led blockchain revenue generation in October 2024, raising $164 million out of a total of $182 million generated. The majority of these revenues come from trading bots and decentralized exchanges (DEXs) related to speculative trading. Despite the growth, the Binance Research report highlights the lack of investment in blockchain infrastructure. Decentralized applications (dApps) […]
TL;DR Cardano made significant updates to its protocol, improving core technology, scalability, and governance to optimize its platform. The update from node v.10.1.1 to v.10.1.2 and the DB Sync version 13.6.0.0 improve stability and user experience. ADA experiences an increase in adoption and decentralization, with significant growth in delegators and delegated votes. Cardano has carried […]
Michigan has announced that Detroit will accept cryptocurrency for taxes, becoming the largest US city to do so. Detroit’s crypto payment platform, managed by PayPal, aims to enhance accessibility and operational efficiency. Other states like Louisiana have also launched crypto payments for services in 2024, while some cities are accepting it for certain transactions. The […]
It finally happened. Trump won the 2024 election and became the 47th President of the United States of America. Simply put, this presidential victory changes everything for Bitcoin. As a non-U.S. bitcoiner, I usually don’t care much about the US election and what happens in the U.S. But this time, it was different. I watched […]
Ethereum’s derivatives market has seen significant growth, thanks to the rise of Layer-2 solutions, which have drastically reduced transaction fees that once held back the sector. This cost reduction has paved the way for a surge in derivatives protocols, driving impressive gains in the market since the beginning of the year. High fees on Ethereum […]
Market entering weekend trading session on high note
The California Department of Financial Protection and Innovation (DFPI) has now permanently revoked the license of bankrupt crypto lender BlockFi, two years after initially suspending it. An Array of Violations Announced yesterday (Friday), the state regulator disclosed that BlockFi has agreed to settle by accepting the license revocation. The bankrupt company further agreed to cease […]
Bitcoin recent price movement of continuous uptrend has drawn the attention of market participants and analysts as it edges closer to creating a new all-time high, blasting through critical resistance levels. Amid this, a CryptoQuant analyst known as TraderOasis provided an in-depth analysis of Bitcoin’s market earlier today, suggesting the trajectory the asset could head to next. Analysis […]
This week’s Crypto Biz features Polymarket, BlackRock’s IBIT hitting $1B volume, Meta’s Llama joining the US military, Bitcoin miners posting production records in October and VanEck listing PYTH ETN.
Coinbase has rolled out trading support for the brand-new native token of an Ethereum (ETH) layer-2 restaking protocol. Customers at the top US crypto exchange can now buy and sell SWELL, which launched on Thursday. SWELL is the governance token for the Swell Decentralized Autonomous Organization (DAO), which manages the development and growth of the […]
JPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years before his untimely death. Elaine Silverberg’s departed spouse Melvyn worked as a systems analyst at Chase Manhattan Bank from 1969 to 1979, reports the New York Post. Melvyn died in 1988 due to multiple […]
London, UK, Nov. 08, 2024 (GLOBE NEWSWIRE) — AEON MINING, a leading cryptocurrency mining platform, announces the launch of a high-quality and …
QCP Capital reports that the 2024 U.S. presidential election outcome is significantly influencing both cryptocurrency and treasury markets. QCP Highlights Trump Victory’s Effect on Bitcoin and Treasury Yields Highlighting a Positive Feedback Loop According to QCP Capital’s latest market updates, Donald Trump’s success in the 2024 presidential race has sparked notable financial shifts. The dollar […]
The election is over, and Trump is now going to be President again. He pulled off something that hasn’t been done since Grover Cleveland in the 1800s, a successful re-election following a loss after his first term. People all of this space are celebrating this as some kind of victory for Bitcoin, but nothing could […]
The latest rumored candidate under Donald Trump’s upcoming administration to potentially replace SEC chair Gary Gensler has sparked a mixed reaction from the crypto community.
TL;DR The Ethereum Foundation (EF) has disclosed a substantial treasury of $970.2 million as of October 31, 2024, with 99% of its $788.7 million in cryptocurrency assets held in Ether (ETH). The foundation has implemented a conservative treasury management policy, selling ETH periodically to ensure sufficient resources for future operations and supporting spending during market […]
Bitcoin’s price soared 8% in the past week, reaching new highs above US$76,943 following Trump’s electoral victory. Global central banks, excluding Australia’s RBA, are reducing interest rates, contributing to Bitcoin’s upward trend. Recent statements by Fed Chair Jerome Powell clarify that US elections and presidential pressures have no immediate policy impact. Analysts highlight substantial capital […]
FX Guys ($FXG) is gathering momentum to replicate the successes of Shiba Inu (SHIB) and Dogecoin (DOGE) during the 2021 bull market. Considered the most undervalued gem and the best promising crypto to buy this decade, $FXG embodies the potential to experience immense growth, presenting it before SHIB and DOGE investors as the best crypto […]
The US Federal Reserve has announced its latest interest rate cut decison
Changpeng Zhao, popularly known as CZ, who was released from custody in the US in late September after serving his four-month prison sentence, is now receiving offers to sell his controlling stake in the crypto exchange Binance, he told Bloomberg in a recent interview. However, Zhao did not reveal the names or identities of the […]
An analyst has pointed out how this price level could end up being the next destination of Dogecoin based on a Descending Triangle pattern. Dogecoin Is Moving Inside A Descending Triangle Right Now In a new post on X, analyst Ali Martinez has talked about a pattern that has recently been forming in the price […]
Operator of Notorious Darknet Cryptocurrency “Mixer” Laundered $400M in Cryptocurrency since 2011. A dual Russian-Swedish national was sentenced …
Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration.
I, like many of you, am processing the results of the recent U.S. election in which Donald Trump won handily both the electoral college and popular vote. As pundits discuss, left mainstream media personalities mourn, and yes many Trump supporters cheer ecstatically, as a progressive Bitcoiner it’s entirely clear to me: If the Democratic Party […]
Seasoned trader Peter Brandt is leaning bullish on Bitcoin (BTC) after the flagship crypto asset recently broke into a new all-time high. Brandt tells his 746,100 followers on the social media platform X that Bitcoin is “now in the sweet spot of the bull market halving cycle.” According to Brandt, Bitcoin could appreciate by between […]
Bitcoin (BTC) smashed through $76,000 yesterday and has remained above this key threshold following Trump’s election win this week. Meanwhile, new meme coin project Pepe Unchained (PEPU) has just hit $25.5 million in its ICO – with investors rushing to secure discounted tokens. Bitcoin Posts New All-Time High as Trading Volumes Explode to $59B Bitcoin’s […]
MicroStrategy’s Saylor has recalled a doom-laden article from 2025
Bitcoin is currently trading at an all-time high, with anticipation of further gains. However, the identity of its creator, Satoshi Nakamoto, remains a mystery. Despite recent claims, including one by the broadcaster HBO and another by a questionable figure, no one knows who Satoshi Nakamoto truly is. The search to reveal Nakamoto’s identity has been […]
Crypto analysts said that Bitcoin remains on course for a massive price hike after Donald Trump reclaimed the US presidency through a historic win against US Vice President Kamala Harris. Bitcoin’s price trajectory has been the subject of many speculations in the last few weeks but with the election of a known pro-crypto candidate, it […]
TL;DR Bitcoin exchange-traded funds (ETFs) recorded $1.38 billion in net inflows on November 7, 2024, reflecting heightened investor confidence and optimism. BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with $1.1 billion, making it one of the most traded assets, driven by Bitcoin reaching a new all-time high of $76,500. Factors such as Trump’s re-election […]
US Bitcoin ETFs achieve record-breaking inflows following Trump’s re-election, which drove Bitcoin to all-time highs. BlackRock’s IBIT fund alone received US$1.12 billion, significantly boosting its share of the total Bitcoin supply. IBIT now controls over 2% of all Bitcoin, with the ETFs combined holding nearly 5%. Ethereum ETFs also see increased activity, with high hopes […]
Crypto discussions can be challenging, especially with sceptics at family gatherings, but Pav Hundal and Ted Coaldrake have a few suggestions. The Swyftx analysts offer insights on crypto’s value, emphasising its speculative nature but significant potential. They highlight Bitcoin for its scarcity and as a store of value, potentially outlasting other cryptocurrencies. For anyone holding […]