Author: Lalit Mohan
Ethereum transaction volume surges in Layer 2 solutions, reaching a five-month low
Activity on Ethereum ETH +7.13% has been lulling. The seven-day moving average of the network’s transaction count settled at 1.12 million per day, a level not seen since February, marking…
Morgan Stanley has approved Bitcoin spot ETFs, so wealth advisors can now buy them
According to CNBC’s story on Friday, which was based on sources with knowledge of the policy, prominent investment bank and wealth management company Morgan Stanley would permit its financial advisors…
Lido Finance introduces staking for institutional-grade liquidity
Lido Finance has introduced Lido Institutional, a new liquidity staking solution. It is intended for larger clients including exchanges, asset managers, and custodians. The goal of the middleware solution is…
Bitcoin Mining Gets Harder as the Price Drops
Even if the price of bitcoin has recently dropped, mining difficulty is still a very amazing statistic. According to data from BTC.com, the difficulty of Bitcoin hit a new all-time…
Nearly all of Pump.enjoyable Tokens Don’t Work
The poor success rate of 1.4% for tokens reaching the decentralized exchange Raydium is attributed to the no-code platform on Solana that enables anyone to manufacture memecoins. From a staggering…
Cryptocurrency expert Benjamin Cowen warns that altcoins are about to tank against bitcoin
On the social networking site X, analyst Benjamin Cowen informs his 839,200 followers that cryptocurrency owners are going to suffer because he thinks the market is closely replicating the 2019…
KAMA, HARRIS meme coins surge as Kamala Harris shifts her focus to cryptocurrency
Kamala Harris (HARRIS) is now trading at $0.001936 after a stunning 115.46% rise over the previous day. With a market value of $1.66 million and a $545,423 24-hour trading volume,…
Genesis completes its bankruptcy reorganization and begins distributing $4 billion in cash and cryptocurrencies
After declaring bankruptcy in January 2023, Genesis Global and its affiliated companies said on Friday that the reorganization process was finished. According to a news release, the company has also…
Investors and market makers in ZKX claim that the abrupt halt caught them off guard
According to their X postings, investors in the recently closed decentralized exchange ZKX, which ran on Starknet, were taken aback by the protocol’s shutdown. In response to ZKX’s millions in…
These three factors are crucial to Dogecoin, Shiba Inu, and PEPE recoveries
In the last day, meme cryptocurrencies lost 5.3% of their market value, dropping to $48.81 billion. On Thursday, there is a correction that affects the top three meme coins: Dogecoin…
A September rate drop by the Fed is encouraging for bitcoin
On July 31, Federal Reserve Chair Jerome Powell and other officials opted to keep interest rates at their current levels, according to minutes from the committee’s meeting. Powell and the…
Switchboard’s New Oracle Aggregator Revolutionizes DeFi
Switchboard, a well-known oracle network with a reputation for having fully customisable and permissionless capabilities, has released an innovative Oracle Aggregator. Across several oracle networks, including well-known ones like Chainlink…
Compound and crypto whale Humpy come to an amicable agreement following a contentious vote to transfer $24 million in tokens
In order to meet the needs of all stakeholders, including Humpy as a delegate and COMP holder, a new offer puts up a new staking product. A truce was mediated…
As Bitcoin Hits $70,000, Ordinals Bleed
Despite Bitcoin’s recent surge near $70,000, the top Ordinals projects are in decline. In the last 30 days, collections like NodeMonkes, Bitcoin Puppets, and Ordinal Maxi Biz have all dropped…
A cryptocurrency trader updates the FLOKI outlook, stating that one rival to Ethereum is the fastest horse this cycle
On the social media platform X, pseudonymous analyst Inmortal informs his 214,500 followers that he is eyeing Solana (SOL). Inmortal tells his followers that if Solana’s price behavior resembles that…
Wazirx shares an additional cyberattack recovery plan and states that the poll is not final
Wazirx Places a Strong Focus on Community Input to Shape Upcoming Plans The Indian cryptocurrency exchange Wazirx provided its users with an update on Monday regarding its efforts to resume…
Weekly transactions on Cryptonica reach $10 million
Access to digital assets is facilitated by Cryptonica’s network of 6,000 ATMs, which is spread across 22 nations. Sixty-two percent of these ATM transactions utilize Bitcoin. Bitcoin (btc -4.57%), with…
QCP Capital analysts claim that cryptocurrency needs a “more significant catalyst” than Trump’s statement on bitcoin in 2024
For the cryptocurrency market to have a significant breakout, economists believe there needs to be a bigger catalyst than former US President Donald Trump’s Bitcoin BTC -3.92% 2024 statement. Trump’s…
The proposed fee switch by AAVE causes the AAVE coin to surge significantly
The founder of one of the leading independent companies offering Aave services (AAVE +2.76% DAO), Marc Zeller, released a temperature check on Thursday, July 25, regarding a new Aave governance…
China’s Crypto Ban is contested by Justin Sun as the US Gets Ready for Crypto Leadership
Amid US political shifts, Justin Sun calls on China to reconsider its ban on cryptocurrencies In a recent article on X, TRON DAO founder Justin Sun urged China to develop…