Uniswap has seen substantial growth over the last week following the implementation of various features on the platform, such as Rootstock, an Android mobile wallet app, and extended capabilities to other blockchains. Uniswap’s native cryptocurrency, UNI, has also experienced a notable surge during the recent crypto bull market, witnessing a 22% increase over the past...Read More
CryptoQuant’s recent analysis points to an interesting trend in the crypto market, specifically the overheating of the Korean premium. The high values of the Korean premium are interpreted by the on-chain intelligence firm as a potential indicator of strong buying pressure from Korean retail investors. While a high Korean premium might be interpreted as a...Read More
Worldcoin’s native token – WLD – surged by approximately 130% over the past year. The upward momentum proved short-lived, leading to profit-taking, and the rally appears to have come to a halt, with WLD witnessing a decline of around 20% from its peak of $4.68 within less than 10 days. Despite this downturn, data indicates...Read More
As the year 2024 dawns, the cryptocurrency market is witnessing a remarkable resurgence. After weathering uncertainty and volatility, the crypto landscape rebounded strongly in late 2023, ushering in what many call an “Altcoin Season.” This resurgence is not just a mere recovery but a powerful affirmation of cryptocurrencies’ enduring appeal and potential. In this context,...Read More
The crypto remittance mobile application Telcoin has suffered an exploit that led to the loss of approximately $1.3 million in digital assets. According to an X update from the Telcoin team, the security attack affected wallets that have never initiated transactions on the platform. Telcoin Loses $1.3M in Security Exploit The Telcoin team announced they...Read More
Following on from yesterday’s post, which contained a full list of crypto related ETPs (The full list can be downloaded here), today we present some charts on the crypto ETP data. Number of Products by ETP provider Source: BitMEX Research, Bloomberg, ETP provider websitesNote: Data as at 22 Dec 2023 Assets by Provider ($m) Source:...Read More
In a surprising turn of events, Barry Silbert, the founder and CEO of Digital Currency Group (DCG) – the parent company of Grayscale – has resigned from the asset manager’s board of directors. Silbert, a key figure in the cryptocurrency industry, has played a crucial role in shaping the growth of Grayscale Investments. His departure...Read More
Bitcoin’s hash rate reached a record-breaking 544 exahashes per second (EH/s) on December 25, marking a remarkable 130% increase since January, when it stood at 253 EH/s. The surge in hash rate coincides with Bitcoin’s price skyrocketing by over 150% in 2023. While this may seem like a positive development, it brings added challenges for...Read More
As we approach a new year, the cryptocurrency landscape is rife with anticipation. Despite Bitcoin dipping below the $44,000 mark, hope remains high for top altcoins, especially meme coins that have generated significant buzz. Here’s a closer look at the top 5 most promising memecoins expected to make waves in 2024. SpongeV2: The Sequel with...Read More
The creditors of the defunct cryptocurrency exchange Mt. Gox have reportedly begun to receive payments of their claims ten years after the platform collapsed due to insolvency. According to several posts and comments on Reddit, creditors who chose PayPal as their preferred mode of payment have started receiving their Bitcoin (BTC) and Bitcoin Cash (BCH)...Read More
The world’s original and most deeply capitalized cryptocurrency has grown up fast. Bitcoin recently made it to the top 15 largest currencies in the world in December, according to Bitcoin credit card company Bold. It is the only crypto among sovereign central bank currencies comprising the top 20 currencies in the world. #Bitcoin is the...Read More
Recently, there have been numerous milestones and exciting developments for altcoins, such as Injective (INJ) and Meme Moguls (MGLS). Notably, INJ has now achieved 180,000 active addresses. On the other hand, MGLS has announced a $10,000 mega giveaway. With this announcement, the hype is growing for this presale project that may evolve into a 100x...Read More
zkSync Era developers took to X (formerly Twitter) to announce the blockchain was encountering network issues, promising users that teams are working to resolve problems “as swiftly as possible.” Later on, they posted an update, saying the issues were resolved and the network was fully operational. The zkSync Era network is now fully operational. At...Read More
