Fear grips the cryptocurrency market as Polygon’s MATIC Tanks to Over 2-Year Lows
The native token of the Polygon PoS chain, MATIC, saw a parabolic run in Q1 2024. Since then, it has been stuck in a months-long drop, broken up by a…
Meme Coin Massacre: Multiple-month lows for DOGE, SHIB, WIF, and More
Memes That Really Bleed Out According to CoinGecko’s data, the cryptocurrency market plummeted in the last 24 hours, with Ethereum (ETH) falling as low as $3,170 and Bitcoin (BTC) momentarily…
Experts predict that the eight-month low in Ethereum pricing may take more time to rebound
A fall in all markets was brought on by Jump Trading’s ETH transfers, growing geopolitical tensions, and worries about the state of the global economy. On August 5, Ether ETH…
“Lumiterra,” a Web3 MMORPG, Opens Today for Closed Beta Testing
Players can test out the features and explore the MMO world during this private beta phase, all while fighting for a chance to win a portion of $1 million USD…
DeFi powerhouse Aave generates $6 million in income despite erratic market conditions
Leading DeFi platform Aave Protocol generated over $6 million in sales during the current market downturn. Aave made $802,000 from a $7.4 million wrapped Ether (WETH) liquidation, according to on-chain…
In the UK, Xapo Bank will give 1% interest on bitcoin
According to a statement released on August 5 and shared with CryptoSlate, Xapo Bank, a Bitcoin-focused organization, has announced its entry into the United Kingdom. According to the company, this…
According to Kaiko Analytics, XRP Demand on Crypto Exchanges Rebounds to Pre-Lawsuit Levels
Demand for XRP is back, according to Kaiko, following a protracted legal battle with the U.S. Securities and Exchange Commission (SEC) that finally resulted in a decision that XRP sold…
Trading Volume of Bitcoin ETFs Soars Above $1.3B as Buyers Hurry for Cheap Bitcoin
As to the statement made by Alex Thorn, the head of research at Galaxy Digital, an asset management, Bitcoin ETFs saw very high trading volumes after the market decline. Increased…
Zircuit claims to have launched the ZRC token airdrop and launched the first mainnet phase
For Zircuit, an EVM-compatible zero-knowledge rollup with AI-enabled sequencer-level security, the first phase of the mainnet and ZRC token claims procedure has been made available. Zircuit seeks to protect customers…
The market cap of Solana Memecoin drops by double digits
The Solana SOL based memecoin market cap has experienced a double-digit decline over the last 24 hours due to volatility in international markets and the sell-off of large cryptocurrency holdings…
Memecoins collapse amid the downturn in the cryptocurrency market
Memecoins have not escaped the wider decline in the cryptocurrency market. The memecoin market has fallen 8.87% in the previous day. Dogecoin, Shiba Inu, and Pepe, dropped 9.23%, 2.36%, and…
As VIX rises to its highest level since the COVID-19 market panic, the cryptocurrency market may see increased volatility, according to an Abra expert
The macroeconomic collapse that engulfed international markets over the weekend was initially felt in the Bitcoin market, and one analyst predicts that volatility will only increase. According to Bohan Jiang,…
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…
Is Solana no longer questioned by the SEC? It’s Hard to Understand
One of the main opponents of the cryptocurrency sector seems to be giving up on supporters of the industry earlier this week: In its well-known legal battle against Binance, the…
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…
Ethereum Is Prepared To Support “Tens Of Millions” Of On-Chain Users, According To Vitalik
Vitalik Buterin, co-founder and chief scientist of Ethereum, thinks developers should focus on striking a balance between the needs of seasoned dApp users and web3 novices. The founder of Base,…
The Blast Community Token PacMoon is Going to See a Significant Change
Since Blast is no longer the project’s promised location, the community token PacMoon is looking for new potential home on other blockchains. The Blast Community Token PacMoon Is Considering Growing…