For the previous four years, the amount of stablecoin transfers has surged by 1500%
This volume was only $100 billion in October 2020. Over the previous four years, there has been a 16-fold growth. Although the trend has been mostly upward, it’s important to…
The ETC Group reports a recent decline in the exposure of crypto hedge funds to bitcoin
According to data from ETC Group, the exposure of crypto hedge funds to the bitcoin market has decreased to levels not seen since October 2020. Hedge funds specialising in cryptocurrency…
Bernstein thinks that spot Bitcoin ETFs will soon be approved by major wirehouses and keeps the $200,000 target until the end of 2025
Analysts at research and brokerage firm Bernstein said that although proponents of bitcoin bears contend that the spot Bitcoin exchange-traded fund trade is complete, they are omitting two important details….
Major AI-related tokens rally led by fetch.ai, as Nvidia rises to become the most valuable corporation in the world
Major AI-related cryptocurrency tokens have seen huge gains over the last day, led by Fetch.ai FET +22.42%. The rally coincides with Nvidia being the most valuable corporation in the world….
Rival company Bondex, powered by cryptocurrencies, claims to have raised over $10 million
Bondex, positioning itself as a potential web3 competitor to LinkedIn, declared that it had raised over $10 million. In addition to approximately $6.5 million from a community sale on CoinList…
Maintain the intention to stop supporting DAI, FRAX, USDT, and other stablecoins before MiCA
In preparation for the impending Markets in Crypto Assets (MiCA) regulation, New York-based cryptocurrency exchange Uphold has decided to stop supporting a number of stablecoins, including Tether (USDT), Dai (DAI),…
Co-founder of Polkadot suggests a new Plaza mechanism to improve scalability and unify parachains
Rob Habermeier, a co-founder of Polkadot, has suggested Plaza, a new system chain intended to improve network scalability and unify parachain features. Habermeier claims that fragmentation and scalability issues result…
Base Network Outpaces Binance Chain Among DEX Users Who Are Active
Base, the Layer 2 network that Coinbase supports, is seeing a sharp increase in trading activity, making it the second-most active network in terms of DEX users this month. Dune…
Around 10 million cakes, valued at $23 million, were destroyed by PancakeSwap!
10,068,711 CAKE tokens, worth almost $23 million, were destroyed by PancakeSwap. The network regularly conducts token burns to raise the value and scarcity of its native token, CAKE, and it…
Soon, Layer 2 Ronin zkEVM Will Be Available To Improve Blockchain Scalability
The blockchain gaming platform Sky Mavis, which powers Ronin, has revealed plans to introduce Ronin zkEVM, a Layer 2 chain that utilizes zero-knowledge (ZK) Ethereum Virtual Machine (EVM) technology. This…
Babylon, the Bitcoin Staking Protocol, Releases a New Testnet Chapter
The Bitcoin staking protocol Babylon has revealed new features for its testnet, including the ability to automatically modify fees. According to the report, input from the community was crucial in…
TradFi Is “Dominating” the Real World Assets Tokenization Trend, Per Kaiko Analytics
As the most recent institutional player to get on the quickly expanding tokenization bandwagon, Fidelity International announced last week that it would be joining JPMorgan’s tokenized network. Concurrently, BlackRock’s tokenized…
Morpho, the DeFi protocol, is the first L2 to deploy on Base
Although Morpho was first introduced on the Ethereum network, it is now active on Base in order to leverage the expanding DeFi ecosystem. With the help of the Morpho protocol,…
CleanSpark pays $25.6 million to purchase bitcoin mining facilities
For a cash payment of $25.8 million, CleanSpark has acquired five turnkey bitcoin mining operations located in Georgia. The firm released a press release stating that the purchase is expected…
Launching the Tech Stack Licensing Program is a significant accomplishment for Helium Mobile
The platform targeted device manufacturers with the launch of its tech stack licensing program on Tuesday. Helium Mobile thinks this is a positive step toward their goal of providing worldwide…
Nearly 50% of the recipients of the ZKsync airdrop sold all of their tokens: Nansen
About 41% of the top 10,000 Ethereum addresses that receive ZK tokens sold all of their assets within 24 hours of the Monday dip, according to blockchain analytics firm Nansen. …
To discover who is behind the DJT token with a Trump motif, Arkham is offering a $150,000 reward
Anyone who can unambiguously identify the creator of a Solana token with a Donald Trump motif is eligible to receive a $150,000 reward from Arkham Intelligence. “We ball, f**k it….
Global Ethereum ETPs perform better than their Bitcoin equivalents before the expected US ETF debut
In the last week, global Ethereum exchange-traded products have done better than their Bitcoin BTC counterparts in anticipation of the much-awaited introduction of Ethereum spot exchange-traded funds in the United…
Bitcoin drops below a crucial level of support, possibly leading to an 8%–12% correction: Crypto Quant
As the price crosses it to the downside, Bitcoin has broken through a price support level that may indicate an 8%–12% correction, according to a research released on Tuesday by…
A new ETF that would own both spot Ethereum and Bitcoin is proposed by Hashdex
The cryptocurrency asset management company Hashdex intends to introduce an exchange-traded fund that would directly own Ether and Bitcoin Spot. ETF specialists argue that Nasdaq’s proposal for the Hashdex Nasdaq…