TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a unique consensus mechanism, allowing for the processing of more than 1,000 transactions per second. With the support of Bitfinex and a fundraising of $3.5 million, it aims to expand […]

Newcastle upon Tyne, United Kingdom, October 18th, 2024, Chainwire Today marks the official launch of KERORO, a new meme coin built on the Solana blockchain, which has debuted with a market cap of $4.5 million. Positioned within the meme coin market, KERORO draws on Solana’s high-speed, low-cost transaction capabilities to establish itself as a community-driven […]

The SEC is not appealing XRP’s legal status

A crypto trader argued that it is easy for crypto market participants to be “convinced sentiment is one way or the other,” while claiming that the sentiment is not “that bullish currently.”

October 18, 2024 – Zug, Switzerland Polimec, a decentralized Web 3.0 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced and new investors to […]

The social media platform X account behind a new Ethereum (ETH) ‘restaking’ protocol has been compromised weeks after the token’s launch. According to PeckShieldAlert, the social media account belonging to EigenLayer (EIGEN) was hacked with a phishing link this morning. “EigenLayer X account has been compromised. Do*NOT* click the phishing link eligible-eigenfoundation[.]org” Source: PeckShieldAlert/X It […]

The stablecoin market is growing, increasing liquidity and stabilizing the crypto space. This growth can be seen in the two largest stablecoins, Tether USD (USDT) and USD Coin (USDC), which are now responsible for a large portion of the crypto market’s transaction volume. A tweet by the decentralized finance analysis platform IntoTheBlock revealed that USDT […]

A 25-year-old Alabama man has been charged with conspiracy to commit aggravated identity theft following the January 9th hack of the SEC’s Twitter account. The compromise, which occurred just prior to the official approval of spot Bitcoin ETFs, led to a fake post greenlighting the trading of these assets. The fake tweet resulted in Bitcoin’s […]

Trump-approved DeFi project World Liberty Financial has had an underwhelming start to its life in the crypto sphere. The lending/earning service’s public token sale has raked in approximately US $13m as of writing this article – a long way from the projected US $300m in sales. Pundits believe the project’s lack of distinction – outside […]

Plus Wallet VS Trust Wallet: Which Rewarding Crypto Wallet Are Traders Choosing In 2024?  Right now, two crypto wallets are gaining popularity for their unique reward potential. Trust Wallet’s Launchpool, introduced on October 15, allows users to earn WHY tokens by staking TWT and slisBNB. The initiative aims to support new blockchain projects and boost […]

Best Cryptocurrency to Buy Now: 5 Future-Proof Coins Offering Massive 1000x Gains and Staking Rewards. AlexaBlockchain.

According to market analysis, XRP might be near to having a significant price blowup. The next altcoin season could go anywhere from 10x to the amazing 500x, experts believe. Two important charts by renowned market analyst Kevin Cage on XRP’s relationship with Bitcoin’s supremacy in past bull markets form the basis of this favorable prediction. […]

Before bitcoin took the spotlight, several digital currencies aimed to change the way we exchange value, but none could withstand the test of time. Ecash, E-gold, Liberty Reserve, and Q coins each had their moment, only to fall short in the end. This piece dives into their stories and uncovers how bitcoin, introduced by Satoshi […]

Follow Nikolaus On X Here El Salvador’s misguided critics got some new ammunition this week. A recent survey revealed just 7.5% of Salvadorans use Bitcoin for transactions, and that 92% of Salvadorans do not. But while some (cue: Steve Hanke) may look at these numbers and think “Oh, well that experiment failed,” I disagree. Even […]

As part of its 2024 US election coverage, Cointelegraph spoke to various congressional candidates to gather their views on cryptocurrency and blockchain technology.

The possibility that blockchain payments firm Ripple will go public is low, according to the company’s CEO, Brad Garlinghouse. In a new interview, Garlinghouse says that Ripple is not eyeing an initial public offering (IPO) because of its relationship with the U.S. Securities and Exchange Commission (SEC). Ripple and the SEC have been at odds since the […]

DWF Labs, leading market making platform in crypto, shares details of its new options offering and risk management advances

TL;DR Matt Hougan, CIO of Bitwise, predicts that the price of Bitcoin will reach six-figure numbers due to whale accumulation, which acquired 60,000 BTC in 24 hours. The demand for Bitcoin ETFs in the U.S. has recorded over $20 billion in net inflows in less than ten months. Political attention towards BTC and various economic […]

Majuro, Marshall Island, October 18th, 2024, Chainwire Ape On, the most secure and efficient token launch platform, is reshaping decentralized finance (DeFi) on the Solana blockchain. With its unique token locking feature powered by Jupiter Lock, Ape On is designed to provide unmatched security and transparency, making it the best and safest way to launch […]

Chirag Tomar, a 31-year-old Indian citizen, was sentenced to five years in federal prison for orchestrating a cryptocurrency fraud scheme that defrauded hundreds of victims out of more than $20 million. U.S. District Judge Kenneth D. Bell handed down the sentence, which also included two years of supervised release. Scammers Imitate Coinbase to Steal Millions […]

Binance has expanded its services in Africa. The platform now allows users in Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo (DRC), Togo, and Senegal to purchase cryptocurrency using mobile money payments. This feature is made possible through local partnerships. Service Facilitates Crypto Access The introduction of this service aims to enhance access to […]

The noise levels of the cryptocurrency mines allegedly reached 72 decibels — well above the 55 dB limit beyond which the World Health Organization ( …

Dogwifhat (WIF) has resumed its upward trajectory, with the price approaching the key $2.89 level as bulls take back control. After a period of consolidation, renewed buying pressure has fueled the meme coin’s rise, signaling that momentum is once again favoring the bulls. With increased buying pressure and positive market sentiment, WIF is showing signs […]

A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.ai (FET) – now a part of the […]

Ethereum whales have been gobbling up ETH in the past month, according to the crypto analytics firm IntoTheBlock. IntoTheBlock notes that whale wallets holding more than 0.1% of the total Ethereum supply added more than 1.7 million ETH in net inflows to their combined holdings in the past 30 days. Over that month-long period, there […]

Venture capital firm Andreessen Horowitz has released its latest State of Crypto report, finding that crypto use globally is at an all-time high, with monthly active addresses up over 300% since the end of 2023. Builder developer interest and mobile wallet usage has also surged since the release of the last report. Other key findings […]

On-chain analysts believe Bitcoin’s recent price decline has to do with overleveraged positions and low momentum. Bitcoin’s price dropped to US$67.8K after peaking at $68.5K, still higher than September’s low of $53K. Layer-1s? DeFi? Nope, seems like memecoins are the next to have a supercycle. At least that’s what one memecoin expert believes. Is that […]

Top 4 Crypto Wallets of 2024: Metamask, Trust, Phantom & Plus Wallet Reviewed! Think of a crypto wallet as a digital lifeline—a tool that not only safeguards assets but also supports users throughout their crypto management journey. October 2024 brings us four wallets flexing some top-notch features: MetaMask, Trust Wallet, Phantom, and the Plus Wallet. […]

Bitcoin has been steadily climbing since crossing the $60,000 mark and is currently hovering closer to the $70,000 level, a price it hasn’t reached in months. With the market sentiment heating up, investors are wondering whether Bitcoin has the strength to reach new all-time highs or if it will struggle to break past key resistance […]

Data points to an Ethereum price rally to $3,000, but ETH charts imply that a few corrections could occur along the way.

On Friday, bitcoin reached its highest price since late July, coming within just $2 of breaking through the $69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $2.35 trillion, reflecting a 2.63% rise over the last day. Crypto Market Rallies, […]

Bitcoin can see major volatility surge if this key level is broken