Cryptocurrency News
Real World Assets (RWAs) have emerged as one of the most notable themes at Token2049, standing out among the 800 side events alongside AI. Renewed interest in RWAs surged following comments from BlackRock’s CEO, who suggested that all assets could eventually be tokenized. This perspective, coupled with Tether’s recent profit […]
In just one week, @aave has seen a 2.7k BTC (~$200M) spike in cbBTC deposits, following the launch of a new Merit program on October 24. The incentive initiative encourages users to lend cbBTC (Coinbase-wrapped BTC) and borrow USDC, resulting in cbBTC becoming the fourth most popular asset for USDC-backed […]
In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive […]
Today marks the 16th anniversary of Bitcoin’s white paper release by the mysterious Satoshi Nakamoto. On October 31, 2008, Nakamoto shared his vision for a decentralized financial system in a nine-page document titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This paper, which laid the foundation for Bitcoin and the broader […]
CORE has solidified its position as the leading Bitcoin sidechain, boasting an active DeFi ecosystem with 46 protocols and a total value locked (TVL) exceeding $600 million. 🟠 @Coredao_Org Total Value Locked Overview With a buzzing ecosystem of 46 DeFi protocols, CORE has emerged as the dominant #Bitcoin sidechain. Since […]
Bitcoin’s recent performance has been impressive, with its price climbing over 8% to break the $73,000 mark. This rally has been fueled by factors like strong inflows into spot ETFs, renewed monetary easing across major economies, and growing optimism for crypto-friendly policies under a potential Donald Trump presidency. QCP: The […]
The memecoin market is making a strong comeback following a prolonged downtrend, sparking talk of an imminent memecoin season. The memecoin market is recovering quickly after a multi-month downtrend. Is another memecoin season coming soon? pic.twitter.com/huqd6Zeot4 — IntoTheBlock (@intotheblock) October 29, 2024 Market Highlights: The memecoin market cap surged by […]
Crypto researcher Justin Bons has stirred debate by declaring Ethereum “cooked,” suggesting it may be sliding into irrelevance like Bitcoin. Bons criticized Ethereum’s reliance on Layer 2 (L2) solutions, arguing that the primary Layer 1 (L1) base is being neglected. This hot take quickly polarized the community: some labeled Bons […]
A token creator recently launched $LUCE, a new meme token, purchasing 67.06 million $LUCE for just 2 $SOL (around $130). Following his usual pattern, he sold all 67.06 million $LUCE tokens, making a modest 0.73 $SOL profit—about $130. Remarkably, the same $LUCE tokens he sold are now valued at over […]
The $Cheems token saw a 20% price jump after @LordCheems_bsc pledged a $100,000 donation to local animal welfare shelters in collaboration with Balltze, owner of Cheems and Pochita. This charitable move sparked a wave of renewed interest in $Cheems, with key crypto influencers quickly seizing the opportunity to invest. After […]
Yesterday, the STEP project executed its final planned token burn for 2024, incinerating 49.6 million STEP tokens—equivalent to 12% of the total supply. This burn involved tokens accumulated over the past four months, with approximately 51 million STEP purchased from the open market through strategic buybacks. Following this burn, the […]
According to Ember CN, a major investor who accumulated 160,710 AAVE at a low of $89 per token during June-August has started to take profits. Approximately 40 minutes ago, the whale transferred 19,592 AAVE, worth around $3.02 million, to Binance, signaling the start of a potential exit strategy. Currently, the […]
Cardano’s Network Value to Transactions (NVT) ratio has recently spiked to its highest level since June, signaling a concerning trend: on-chain activity has slowed relative to ADA’s price growth. This heightened NVT ratio is often viewed as a classic sign of overvaluation, and it’s particularly noteworthy in light of ADA’s […]
MasterCard’s CEO has announced Ripple’s anticipated replacement of SWIFT, with integration talks for the XRP Ledger (XRPL) already in progress. This development could fundamentally reshape the future of cross-border payments and amplify XRPL’s role in the global financial ecosystem. Amid these advancements, the CTF token—the leading DeFi token on the […]
According to data from L2Beat, Scroll’s Total Value Locked (TVL) has declined by 15.4% over the past week, now standing at $1.16 billion. This drop accompanies a steep price decrease for $SCR, Scroll’s native token, which has fallen below $0.80 since its Binance listing, down over 30% from its pre-market […]
The journey of WazirX, India’s top crypto exchange, took a dramatic turn on July 18, 2024, as hackers breached its multi-signature wallet, stealing around $235 million—nearly 45% of the platform’s reserves. Cyvers Alerts initially detected the intrusion, where the attackers exploited WazirX’s wallet, which required four out of six signatures […]
Bitcoin has soared past the $70,000 mark for the first time in over seven months, driven by robust spot ETF inflows totaling nearly $1 billion over the past week. The latest rally has ignited excitement not only in the crypto market but also in crypto-related equities, with companies like IREN, […]
As cryptocurrency integrates deeper into the financial mainstream, Ethereum (ETH) has evolved beyond a digital asset to a favored choice among institutional investors. Grayscale’s dominance in Ethereum-based exchange-traded funds (ETFs) is particularly notable, with its ETHE fund controlling a substantial 56.98% share of the Ethereum ETF market. Grayscale’s 1,606,070 ETH […]