The Kraken exchange has launched a Layer-2 blockchain called Ink on the Ethereum $3,675 mainnet. Originally scheduled for early 2025, this launch has occurred ahead of time. Developed using Optimism’s OP Stack, Ink aims to provide enhanced scalability and interoperability within the Ethereum ecosystem. Ink BlockchainKey Partnerships and Features Ink Blockchain According to Kraken’s blog…
December 22, 2024 at 11:25 PM GST updated: December 22, 2024 at 01:07 PM 2 mins read News Total altcoin market capitalization reaches $925.36B, establishing strong support at $600B level Technical indicators mirror December 2020 pre-rally market conditions RSI at 74 indicates robust market momentum while approaching overbought territory The cryptocurrency market demonstrates the proper…
Money market Aave and liquid staking protocol Lido surpassed $70 billion in net deposits in December for the first time, according to data from TokenTerminal. As of press time, the two largest DeFi protocols hold a total $67.42 billion. Aave leads with $34.3 billion in deposits, just $1.1 billion higher than Lido’s. The net deposits…
Musk Fuks Santa could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Musk Fuks Santa (MUSKFSAN), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because MUSKFSAN is set to soon be listed on numerous crypto exchanges,…
The crypto market recorded volatile trading this week, following a robust rally over the past few months. Bitcoin (BTC) and top altcoins like Solana (SOL), XRP, Dogecoin (DOGE), and others have recorded significant gains this year. So, here we explore some of the potential reasons that Matrixport has shared behind the crypto’s impressive performance. Why…
The U.S. Internal Revenue Service (IRS) has thrown the decentralized finance (DeFi) industry into turmoil with its recently finalized reporting rule that designates DeFi front-ends as brokerages. Issued on December 27, 2024, the rule mandates these platforms to comply with broker reporting requirements, a move that has sparked outcry across the crypto sector. Limited Options…
The global economy is standing at the edge of chaos, and America is at the center of it. China just let its currency, the yuan, sink past a level it had fiercely protected for weeks. The decision is a shot fired in what could become a full-blown economic war, and Washington isn’t sitting still. President…
One of the main goals of PHPX is to transform cross-border payments and financial inclusion. Meanwhile, Agora completed its first OTC transaction with AUSD, which was a huge step into the institutional market. Ethena’s USDe, which is now ranked as the third-largest stablecoin, recently gained a lot of traction in DeFi with its attractive yields…
On December 4, the launch of the HAWK memecoin was overshadowed by a staggering drop in value, plummeting more than 95% within hours. This catastrophic decline prompted both individual and institutional stakeholders to initiate legal action against the project’s creator, Hailey Welch, alleging that they suffered significant financial damages due to unauthorized promotion and the…
While the crypto market restructures, Bitcoin and most altcoins have recovered some ground. Smaller and medium-sized cryptos have wowed the market with huge gains in and growing market caps. Fusion AI recorded triple-digit growth in 24 hours while Hive’s statistics indicate its rally could just be starting. Monsta Mash ($MASH) presale phase two reached 99%…
Daddy Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Daddy Pepe (DADDPEPE), a new Solana memecoin that was launched today, is set to explode over 11,000% in price in the coming days. This is because DADDPEPE is set to soon be listed on numerous crypto exchanges, according to…
Recent high-volume sales of PEPE coin by a significant whale have stirred anxiety within the cryptocurrency community, particularly among PEPE investors. This activity raises alarm about potential selling pressures in the broader market, specifically regarding Bitcoin (BTC). What Happened with PEPE Coin Sales?Is Bitcoin Next on the Chopping Block? What Happened with PEPE Coin Sales?…
Раул Пал, бивш изпълнителен директор на Goldman Sachs, прогнозира, че крипто пазарът може да отбележи значителни печалби с наближаването на края на 2024 г. В неотдавнашен разговор с крипто трейдъра Скот Мелкер, Пал посочи исторически тенденции, които предполагат, че Биткойн (BTC) и други криптовалути може да отбележат значителни увеличения на цените през последните дни на…
As we enter 2025, experienced investors are looking for the next opportunities to make huge impacts on their portfolios. While traditional assets maintain their place, the dynamic crypto sector offers remarkable new prospects. Here we explore three hidden gems every investor should consider: DTX Exchange (DTX), Pudgy Penguins (PENGU), and Dogecoin (DOGE). The tokens stand…
Home » Journal » Market Sentiment Hints at Bitcoin (BTC) and Altcoin Rebound: Is Now Time to Buy the Dip? Onchain analyses are pointing to promising indicators suggesting a potential rally in the cryptocurrency market, despite recent price corrections. According to data from Santiment, a leading…
The crypto market is buzzing with excitement as investors search for the next 50x gain. While Shiba Inu (SHIB) boasts a growing ecosystem and a dedicated community, DTX Exchange, with its innovative trading platform, is emerging as a strong contender. Meanwhile, Ripple (XRP) faces headwinds due to regulatory challenges. Let’s explore why SHIB and DTX…
Which crypto to buy in today’s unpredictable market? As blockchain and AI trends collide, Zerebro Token and ai16z are grabbing attention. Zerebro, with its decentralized AI content system, is capitalizing on innovative use cases across blockchain ecosystems, while ai16z price movements reflect strong activity in the AI meme coin space, driven by its unique venture-focused…
A lot can change in the cryptocurrency markets within 24 hours, and the last day proved that narrative, as BTC slumped from over $102,000 to $95,200. The altcoins have suffered even more, with massive price declines from the likes of ETH, DOGE, ADA, AVAX, LINK, HBAR, DOT, and many others. BTC Slumps Hard After a…
14h05 ▪ 4 min read ▪ by Mikaia A. The modern economy is changing its face, propelled by the advent of Web3. This new digital ecosystem promises to blow up the old rules of the game by transforming physical assets into digital tokens. The idea? To make the economy more accessible, more efficient, and, above…
Social media giant Meta is replacing its fact-checking program with a user-driven “Community Notes” system, according to a Jan. 7 statement. This move follows the model adopted by X (formerly Twitter), where users collectively identify and provide context for potentially misleading posts. The platform added: “We think this could be a better way of achieving…