Cryptocurrency Market Sees Significant Growth in Q3 2024 Despite Global Economic Pressures

October 4, 2024 at 02:50 PM GST updated: October 4, 2024 at 10:44 AM 3 mins read News Institutional investors drive growth, viewing cryptocurrency as a hedge against traditional market risks, boosting liquidity. Retail investors return, encouraged by stabilizing Bitcoin and Ethereum prices and easier access through user-friendly platforms. Ethereum dominates DeFi space, with rising…

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Cardano DApps Might Get a Facelift With This Technology

Cardano’s Charles Hoskinson has weighed in on the tech shift from Prism to HyperLedger Identus. This major tech shift took place in the ecosystem about ten months ago. The transition featured new decentralized solutions, and Hoskinson described it as an Apache2 open-source framework for identity applications. Understanding The HyperLedger Identus Framework The HyperLedger Identus protocol is designed…

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Ethereum Solo Staking Made Easier? Vitalik Buterin Supports Lower Entry Requirements

Este artículo también está disponible en español. Ethereum (ETH) co-founder Vitalik Buterin advocates reducing the ETH solo staking requirement to lower the entry barrier and promote greater network decentralization. Buterin Sees 32 ETH Requirement As A Barrier Responding to Ethereum educator Anthony Sassano on X regarding solo staking, Buterin expressed concern that the current 32…

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Banks To Begin Live Digital Asset Trials on SWIFT Network In 2025

North American, European, and Asian banks will start conducting live bilateral transactions in digital assets on the SWIFT network in 2025. This is a great leap forward toward incorporating digital currencies and assets into existing financial systems. The pilot will allow international financial institutions to process transactions with digital currencies and other assets using the…

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Will Flare 8% Surge Mark the Start of a Bigger Breakout?

Flare’s price surged 16%, defying bearish market conditions. Total Value Locked (TVL) nears all-time high, boosting investor confidence. Despite an anticipated bullish “Uptober,” the cryptocurrency market has taken a bearish turn, with the global market cap down 2% and trading volume plunging 21%. Top cryptocurrencies are feeling the pressure, with Bitcoin down 3% and Ethereum…

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Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm

Este artículo también está disponible en español. Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi)…

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Dogecoin Network Activity Soars with Over 84K New Addresses, Price To Rally?

Dogecoin (DOGE) has recently experienced a significant surge in network activity, with over 84,306 new active addresses—the highest number in the past six months. This increase comes amid rising whale activity and growing interest in the meme cryptocurrency, despite a recent price correction. As technical indicators suggest potential bullish momentum, some analysts anticipate that Dogecoin…

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Cardano Midnight Testnet Live, Here’s All You Need To Know

The long-awaited testnet for Cardano privacy protocol Midnight Network has gone live. This new development, addressed in a note to developers, has placed Cardano in the spotlight. According to the announcement, the Cardano sidechain is ready to welcome blockchain developers interested in building on it. Understanding the Cardano Midnight Testnet The expectation of the testnet…

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Top Altcoin Picks for Q4 2024, According to Grayscale: HNT, SUI, CELO 

October 2, 2024 at 06:40 PM GST updated: October 2, 2024 at 05:23 PM 2 mins read News Helium uses decentralized networks to transform IoT with wireless coverage and user rewards.   Sui’s innovative design boosts transaction speed, perfect for gaming and decentralized finance.   Celo emphasizes mobile access, simplifying crypto use in emerging markets with stablecoins.  …

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Could Q4 Deliver New Highs?

October 2, 2024 at 04:20 PM GST 2 mins read News Ethereum may surge over 60%, potentially reaching $4,000 by year-end.   Upcoming network upgrades aim to enhance Ethereum’s efficiency and scalability.   A strong Ethereum could lift altcoins, benefiting the entire cryptocurrency market.   Ethereum (ETH) has been on a rollercoaster ride this year, but the fourth…

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What’s Driving Interest In The Token?

Este artículo también está disponible en español. Ripple’s XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What’s Different About XRP Price Action? While the top two cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have been down 1.5% and…

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Arbitrum (ARB) Reclaims Spotlight With Epic Transaction Milestone

Arbitrum One (ARB), a Layer 2 optimistic rollup for Ethereum, has recorded a key transaction milestone within three years of its mainnet launch. Developed by Offchain Labs, Arbitrum leverages optimistic rollup technology to create an off-chain computation network. The network enables faster and more cost-effective transactions while maintaining security from the Ethereum blockchain. Total Arbitrum One…

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Binance Secures Regulatory Approval in Argentina: What’s To Come?

Binance recently reported to have registered in Argentina’s Virtual Asset Service Providers Registry. This registration allows Binance to provide all our various crypto services to users in Argentina in a legal manner. In addition, this success has established Binance as having attained its 20th regulatory approval globally. This signifies that the platform remains committed to…

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Ethereum’s Price Patterns Echoes 2023 Rally: Surge on the Horizon?

October 1, 2024 at 05:40 PM GST updated: October 1, 2024 at 04:15 PM 2 mins read News Ethereum’s price mirrors the 2023 rally, with a potential surge to $10,000. Whale accumulation increases confidence, holding 44.1% of Ethereum’s total supply. Shrinking exchange supply reduces selling pressure, supporting a stable upward trend. Ethereum (ETH), the second-largest…

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Is this the Start of the Anticipated 150% Rally?

October 1, 2024 at 02:50 PM GST updated: October 1, 2024 at 02:39 PM 2 mins read News GALA confirms a bullish trendline breakout, indicating a potential 100-150% rally.   Strong fundamentals and community support bolster GALA’s long-term viability amid volatility.   Recent price fluctuations raise cautious optimism as traders watch for sustained momentum.   A breakout has…

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Crypto ETFs Could Launch in Japan with New Regulation

The Financial Services Agency in Japan has already begun an in-depth assessment of its cryptocurrency rules. This analysis intends to determine whether regulating cryptocurrencies according to the Payments Act is still viable. Significant transformations could arise from the review, including the prospect of launching crypto exchange-traded funds(ETFs). Japan FSA Reviews Crypto Investment Protections The FSA intends…

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