Cryptocurrency News
Chainlink (LINK), one of the leading decentralized oracle networks in the blockchain space, is making waves with recent developments involving its non-circulating supply wallet. In a surprising move, the Chainlink Non-Circulating Supply wallet deposited a substantial 15.7 million $LINK tokens, equivalent to approximately $97.5 million, into the Binance exchange. This […]
Decentralized finance (DeFi) is a rapidly growing sector that offers users unprecedented access to financial services without the need for intermediaries. However, this newfound freedom comes with a cost: DeFi protocols are increasingly being targeted by hackers. In 2022 alone, DeFi hacks accounted for over $3 billion in losses. Some […]
The recent surge in Non-Fungible Tokens (NFTs) has created a seismic shift in how we perceive and interact with the digital world, particularly within the emerging metaverse. NFTs, unique digital assets built on blockchain technology, have found applications in various metaverse sectors, including virtual worlds, gaming, art, and entertainment. NFTs […]
The cryptocurrency market is in a state of flux, with Bitcoin and Ethereum exchange supplies showing a steady decline, while Tether, the popular stablecoin, is resurging in circulation. These trends offer valuable insights into the current sentiment and potential future movements within the crypto space. Bitcoin and Ethereum, the two […]
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 […]