The world of decentralized finance (DeFi) is evolving at a breathtaking pace, transforming areas like lending, trading, and asset management within financial services. By cutting out middlemen and offering unmatched transparency, DeFi protocols empower users with lower costs, faster transactions, and a financial system free from traditional inefficiencies. This transformation underpins the foundation of a…
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market experiences changes and developments that shape investment choices every day. Since last month, the cryptocurrency market has been on a bullish run, even as several tokens experienced price fluctuations. The crypto market is observing a noteworthy increase in trading…
Deutsche Bank, based in Germany, plans to develop a Layer 2 protocol to overcome compliance challenges associated with public blockchain technology. Named Project Dama 2, this initiative aims to integrate blockchain efficiency with regulatory requirements, combining traditional financial services with decentralized technology. Announcing Layer 2 SolutionTechnological Features of Project Dama 2 Announcing Layer 2 Solution…
In the latest crypto news, the Ethereum (ETH) burn rate has shot up, driven by rising Layer 2 adoption and fueling hopes for a bullish 2025. Meanwhile, Tron (TRX) faces a pivotal moment, needing to reclaim $0.30 to break free from its consolidation phase and regain investor confidence. As these leading networks drop notable updates,…
Analysts now predict that Bitcoin could climb to $187,500 in the coming months. On the other hand, Ethereum shows signs of outperforming Bitcoin in 2025 due to a potential breakout in the ETH/BTC ratio and increasing inflows into ETH-based ETFs. Adding to Bitcoin’s momentum, Israel is launching six Bitcoin-tracking funds next week, and Russia is…
Ethereum (ETH) price recently surpassed $4,000 for the first time since March 2024, marking a 25% gain over the past 30 days. However, the 7D MVRV ratio, now at -1.35%, suggests short-term holders are experiencing unrealized losses, hinting at potential further downside before a recovery. Historically, ETH tends to rebound after the MVRV dips to…
Cardano (ADA): Proof-of-stake blockchain fostering transparency and fairness; ideal for dApps and smart contracts since Alonzo hard fork. TRON (TRX): Revolutionizing content distribution with direct creator payments, eliminating middlemen and high commissions for better earnings. Stellar (XLM): Swift, low-cost cross-border payments with major partnerships like VISA & MoneyGram; great for digital and traditional asset exchange….
Rostin Behnam, chair of the U.S. Commodity Futures Trading Commission (CFTC), is set to step down on January 20 after a notable four-year tenure marked by pivotal enforcement actions and persistent calls for stronger regulatory oversight in the cryptocurrency sector. Behnam’s departure leaves a critical void in the regulatory landscape as the U.S. struggles to…
Join Our Telegram channel to stay up to date on breaking news coverage Hong Kong lawmaker Wu Jie has urged the government to consider adding Bitcoin to the city-state’s fiscal reserves. According to local reports, Wu highlighted Bitcoin’s potential as a strategic asset, pointing to its fixed supply and increasing acceptance in global finance. He…
During the opening week of the year, the Kheavyhash algorithm—used for mining kaspa (KAS)—topped the profitability charts among proof-of-work (PoW) algorithms. Fast forward to today, and Scrypt has claimed the crown as the most lucrative choice for miners, particularly those extracting dogecoin (DOGE) and litecoin (LTC). Mining Algorithms Push Limits in a Historic Year As…
Crypto All-Stars will launch on centralized exchanges in the coming weeks, causing a lot of buzz. The project alluded in an X post that they’re planning for the “first exchange listing”, with the $STARS price pumping shortly after. They’ve also nodded to a season 2 of its coveted “Last Meme Standing” competition. The last round gave…
Bitcoin traded near the $91,000 level on Monday, Dec. 30, down by 15% from its highest level this year. This decline persisted despite MicroStrategy announced acquiring 2,138 more Bitcoins last week, marking the eighth consecutive week of purchases, bringing its total holdings to 446,400. Tether also added 7,630 Bitcoins, increasing its total holdings to over…
The report was published by the exchange to highlight its Anti-Scam Refund Initiative. Binance Users Could Have Lost Millions in Scams Binance, the world’s largest cryptocurrency exchange, published a report on Monday showing that it foiled malicious scams on its platform that could have cost its users as much as $129 million. The company, whose…
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Chainlink’s decentralized oracle tech and hybrid smart contracts position LINK as a pivotal asset for DeFi’s exponential growth. Sui’s zkLogin and parallel processing offer scalable, user-friendly blockchain solutions, driving Web3 adoption. NEAR Protocol’s Nightshade and Stellar’s instant cross-border payments redefine blockchain scalability and accessibility. The crypto world evolves rapidly, and Chainlink, Sui, NEAR Protocol, and…
Smart money is always one step ahead of the game. That’s why they are smart money. What is smart money doing currently? They are betting big on the memecoin supercycle and the fledgling AI supercycle. The announcement of Vantard’s new quant AI is driving this presale to new highs ahead of its January listing. Could…
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Recently, Gate.io launched MemeBox, a one-stop Meme service platform designed to unlock the unlimited potential of…
published: December 19, 2024 at 06:23 AM GST updated: December 18, 2024 at 06:38 PM December 19, 2024 at 06:23 AM GST updated: December 18, 2024 at 06:38 PM 2 mins read News Popcat leverages grassroots marketing and social media buzz, creating an innovative, community-driven approach to growth. By combining satirical political themes with lucrative…
A Bety.com user recently won millions of dollars playing the platform’s Hash Lucky game with the $TRX cryptocurrency. While their information and amount won remain private, such a massive payout has sent ripples throughout the web3 casino industry. Through it all, Bety.com remains committed to offering a top-notch gaming experience for everyone. Santa came early…
The infamous “Blockchain Bandit” has transferred 51,000 Ether to a new multisignature wallet after nearly two years of inactivity. The hacker, notorious for exploiting weak private keys, carried out the transfer on December 30, raising fresh questions about the motives and identity of the attacker. Dormant Funds Stir After Two Years Blockchain investigator ZachXBT reported…