Cryptocurrency News
Bitcoin, the world’s leading cryptocurrency, has once again made headlines as it reached a historic milestone. The number of addresses holding at least 1 Bitcoin (1+ coins) recently hit an all-time high (ATH) of 1,020,472. This achievement comes just days after the previous ATH of 1,020,442 was observed on 14th […]
In a groundbreaking development within the financial industry, Deutsche Bank, one of Europe’s largest and most renowned financial institutions with €1.34 trillion in assets under management, has forged a strategic partnership with Swiss cryptocurrency firm Taurus. The aim? To provide comprehensive Bitcoin and cryptocurrency custody services to their clients. Traditional […]
The Coinbase listing of VeChain (VET) and VeThor (VTHO) has had a significant impact on both tokens, with VTHO seeing far more notable gains than VET. In the past day, VET is up 9.4%, while VTHO is up 73.9%. This has led to VTHO taking volume from VET, as investors […]
In the cryptocurrency space, where market sentiment often dances to the tune of economic indicators, the recent release of the August Consumer Price Index (CPI) report has caused a ripple of optimism. The data showed a 3.7% increase, slightly surpassing the expected 3.6% rise, while the Core CPI, which excludes […]
The recent filing of a spot bitcoin ETF by Franklin Templeton has generated a lot of excitement in the crypto community. However, the initial FOMO (fear of missing out) has quickly died down, as investors have begun to realize that the approval of such an ETF is still not guaranteed. […]
Franklin Templeton, one of the world’s largest asset managers, has filed for a spot Bitcoin ETF, which would allow investors to directly invest in Bitcoin through a traditional brokerage account. This news has sparked a wave of optimism in the crypto community, with Bitcoin and Bitcoin Cash emerging as the […]
The recent drop in Ethereum (ETH) to $1,540, a level not seen since March 12th, has raised concerns and drawn attention to some interesting on-chain data. One significant observation is the movement of large quantities of stagnant ETH away from old wallets during this price decline. This phenomenon suggests that […]
In the ever-evolving world of cryptocurrency, social activity plays a pivotal role in influencing investor sentiment and market dynamics, just like in FLOKI. This week, FLOKI, a digital asset that gained notoriety in the crypto community, has experienced a remarkable surge in its social engagement, reflecting a resurgence of interest […]
Solana, the blockchain platform that has been making waves in the crypto world, has seen a remarkable surge in social activity recently, up by a staggering 29.3%. This heightened buzz can be attributed to several key factors that have captured the attention of the crypto community and beyond. Hyperdrive Hackathon […]
In recent months, the world of cryptocurrency has witnessed a fascinating and somewhat paradoxical trend: while the price of Bitcoin (#BTC) has been on a rollercoaster ride, venture capital (VC) investments in crypto startups have steadily declined, reaching multi-year lows in August. Surprisingly, the correlation between Bitcoin’s performance and VC […]
The cryptocurrency market has experienced meteoric growth and transformation since the inception of Bitcoin over a decade ago. Within this burgeoning space, various types of investors play pivotal roles in shaping its trajectory. Understanding the dynamics of these investor groups is crucial in comprehending the cryptocurrency industry’s evolution. Retail Investors […]
Cryptocurrency, despite its rapid rise in popularity and adoption, still faces its fair share of negative narratives and misconceptions. In this article, we’ll address and debunk some of the most common negative narratives associated with cryptocurrencies. Cryptocurrency is a tool for illegal activities: While cryptocurrencies have been used for illicit […]
Bitcoin, the world’s most renowned cryptocurrency, has experienced a modest resurgence, with its price jumping by 2% to reach $26.3K after a week of stagnation. While this uptick is welcomed by many investors, it is essential to examine the underlying dynamics affecting the market. Increased Supply On Exchanges One noteworthy […]
Governmental and institutional cryptocurrency adoption has been a topic of significant debate and speculation in recent years. As we stand in 2023, it’s clear that the landscape is evolving rapidly, but the finish line is still somewhat distant. Governmental Adoption First, let’s look at governmental adoption. Several countries have taken […]
In recent days, Chainlink (LINK) has seen a significant surge in accumulation within its key shark tier, consisting of wallets holding between 10,000 and 100,000 LINK tokens. This surge marks a notable shift in investor sentiment and is indicative of growing confidence in the cryptocurrency. As of the latest data, […]
The crypto and blockchain technology industry has been steadily gaining momentum, evolving from a niche interest to a mainstream force. Its potential to disrupt various sectors of the economy is undeniable. As this digital revolution continues to gather steam, here are five sectors that will be heavily disrupted by crypto […]
Base is a Layer 2 (L2) network built on Ethereum. It uses a rollup technology called Optimistic Rollups to scale Ethereum by processing transactions off-chain and then batching them and submitting them to the Ethereum mainchain. This allows Base to offer cheaper and faster transactions than Ethereum mainnet. Base Overtakes […]
Visa, the global payment giant, has made an exciting stride by extending its utilization of USDC stablecoin for settlement payments onto the Solana blockchain. This strategic move signifies Visa’s commitment to harnessing blockchain technology’s potential in the realm of payments. Why Solana? Solana stands out as a high-performance blockchain renowned […]