Memecoins are gaining significantly, with trading volumes rising fivefold to US$16 billion, drawing retail interest. In contrast, the NFT market faces a liquidity crisis, with daily volumes collapsing to around US$300k and only 4,000 active users. The preference for memecoins, seen as fairer than VC-backed tokens, is impacting other asset categories like NFTs. Despite this, […]
VanEck has introduced staking for its VSOL exchange-traded note product, allowing investors based in Europe to earn passive income through staking rewards. Investors will receive 75% of the staking rewards, with VanEck taking a 25% fee — investors will receive the same rate of staking rewards regardless of how long they’ve held VSOL. VanEck has […]
EigenLayer, a prominent platform in the crypto community, faced a major security breach when their official Twitter account was compromised. Hackers used the account to post malicious tweets containing phishing links, resulting in significant financial losses for victims who fell prey to the scam. Reports indicate that victims lost approximately $1 million worth of various […]
Elon Musk has, for first time, mentioned XRP, when talking about crypto, however, not quite how XRP army would expect
Bitcoin could be on the verge of a major new bull run. According to Tuur Demeester of Adamant Research, in his publication How to Position for the Bitcoin Boom, we may be in the early stages of a new multi-year bull market that could propel bitcoin prices into six figures. “During this accumulation phase, we […]
The exchange asked regulators to disclose documents relating to an ongoing crackdown on crypto companies among US banks.
TL;DR The iShares Bitcoin Trust ETF (IBIT) recorded more than $1.1 billion in new cash inflows, its best week since March. IBIT outperformed the Vanguard Total Stock Market ETF (VTI), placing itself in third position in year-to-date flows. IBIT’s total assets under management (AUM) amount to $26 billion, ranking it in the top 2% of […]
The Australian Securities and Investments Commission (ASIC) has taken action against a former crypto exchange executive for fraud. According to the announcement today (Tuesday), the regulator charged Grant Colthup, the ex-CEO of ACCE Australia, which operated the Mine Digital crypto exchange, with the theft of AU$2.2 million (about US$1.5 million) from one of the customers. […]
On-chain data shows the Bitcoin miners have been making an unusually high number of transactions to centralized exchanges recently. Bitcoin Miner To Exchange Transactions Metric Has Just Seen A Spike As pointed out by CryptoQuant author IT Tech in a new post on X, the Miner to Exchange Transactions indicator has been high recently. The […]
Japanese authorities, including the National Police Agency and a joint task force from nine prefectural police departments, arrested 18 individuals involved in a scam using Monero (XMR). According to multiple reports, the suspects allegedly used stolen credit card details to make fraudulent purchases, primarily on the flea market app Mercari. Over the span of June […]
PRESS RELEASE. The Bitcoin Conference will be held in Abu Dhabi on December 9-10 at the ADNEC Centre, featuring keynote speaker Eric Trump alongside top Bitcoin innovators and government officials. This landmark event will explore the future of finance in the region, as the Middle East experiences a “New Gold Rush” driven by the rapid […]
One of the largest cryptocurrency infrastructure providers, Transakd serves nearly six million users across 160 countries and 46 U.S. states. The …
Shiba Inu has seen its burn rate and price rebound
The oracle protocol is partnering with financial infrastructure providers including Franklin Templeton and UBS.
A whale investor in $TRUMP tokens has initiated a major sell-off over the past day, sparking a notable drop in the token’s value. This particular trader managed to turn a $96 investment into over $3 million, representing an astonishing 32,000x return! Back on August 12, 2023, the investor spent just 0.052 $ETH (around $96) to […]
Widely followed crypto analyst Michaël van de Poppe says that AAVE, the native token of the top lending platform on Ethereum (ETH), is set for bluer skies. According to Van de Poppe, AAVE is in the midst of a trend shift after its clear break of the $150 mark, which he says opens up the […]
ApeCoin (APE) has seen its price jump by over 100% today, driven largely by the rollout of advanced technologies and newly implemented incentive programs. These initiatives are designed to boost user participation and broaden the token’s utility across multiple networks, fueling the recent surge in value. Layer Zero Integration And Interoperability The Layer Zero’s Omnichain […]
TL;DR MetaMask has integrated its services with Space ID to simplify cryptocurrency transactions and access to digital wallets. Users will be able to replace complicated public addresses with a unique and customizable username, making it easier to send and receive assets. Space ID will allow users to register a domain linked to all their cryptocurrency […]
The cryptocurrency market is filled with potential, but figuring out which coins will deliver life-changing returns is daunting for most investors …
Former President Donald Trump reached a new high on the predictions market Polymarket on Monday rising to 62.6% while his competitor Vice President Kamala Harris now stands with a 37.5% lead. The news follows Trump joining the team at a McDonald’s in Feasterville-Trevose, Bucks County, Pennsylvania. Trump’s Strong Lead Surges Ahead of Harris as Election […]
Market might finally be aiming at breakthrough
Yes, I know, you’re here to let the hate flow. You’ve bought all the rhetoric. Donald Trump likes crypto. He is embracing DeFi. He has his own shoes, and coins. He’s going to fire Gary! Like Polymarket in October, you think Trump is boo-llish. Unfortunately, you’ve bought a lot of another kind of bull. To unpack this, we have to […]
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
New data from market intelligence firm Santiment hints at a potential correction for popular dog-themed memecoins Dogecoin (DOGE) and Shiba Inu (SHIB). In a new thread on the social media platform X, the crypto analytics platform says that the pair of memecoins have the highest discussion rates they’ve had in five months, signaling that investors […]
Ethereum’s daddy co-founder Vitalik Buterin has addressed the blockchain’s “biggest risk” – centralisation. According to Buterin, approximately 80% of all transactions on Ether are validated or affected by just two actors. The programmer’s most recent blog post assesses several ways to address growing centralisation, including placing staking limits and creating encrypted mempools. Despite the perceived […]
Following an 11% gain in the past 24 hours, Axie’s AXS price looks strong daily as it resurged near a key resistance. Painting a green scenario on the day, it signals a buy and looks ready for a new rally. The late September drops brought a little drawdown in the entire crypto market this month, […]
The Ethereum price started the new week by extending last week’s gains, which kicked off after it bounced off support at $2,350. This run has seen the Ethereum price now pushing towards resistance at $2,800, which the bulls look forward to breaking before the week runs out. In light of the recent Ethereum price move, […]
Cryptocurrency has delivered bumper profits to many, but the fortune of early investors who sought after Bitcoin remains one of the most …
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025.
Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical number! Over the past year, from Oct. 20, 2023, to now, the network’s computational strength has […]
Cardano founder just issued another big projection on coin’s future
Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” in which they made a host of dubious claims about Bitcoin. The notions that those who are late to investing in bitcoin are impoverished by those who were early […]