After six months of sideways chop, multiple on-chain indicators say Bitcoin may finally be prepared for an epic price breakout, analysts say. These predictions would line up with separate forecasts of an upcoming bull market based on seasonal factors, with Bitcoin soon to transition from one of its worst-to-best months on record. Bitcoin’s Bottom Signals...Read More
The number of addresses holding Tron’s native token TRX for the long term has skyrocketed over the past 12 months, according to data from the blockchain intelligence firm IntoTheBlock. A tweet from the market analytics platform revealed that the Tron network currently has nearly 90 million long-term holder addresses, representing a 237% increase in the...Read More
The recently launched Tron-based SUNDOG (SUNDOG) has started attracting big whales, resulting in a significant price rally. Following the opening bell of the U.S. stock market a crypto whale withdrew a significant 13.07 million TRX tokens, worth $2 million from Binance and purchased a massive 3.52 million SUNDOGE meme coin in a single transaction, as...Read More
A wallet associated with the defunct crypto exchange FTX and its sister company Alameda Research has redeemed 177,693 Solana (SOL) tokens, valued at approximately $23.75 million, from the Solana Proof-of-Stake (PoS) network. The movement, highlighted by PeckShield in a September 12 post on X, has reignited speculation within the crypto community about a potential selloff...Read More
Ethereum co-founder Vitalik Buterin has announced a shift in his endorsement strategy for Layer 2 (L2) scaling solutions. Beginning in 2025, he will only publicly support L2 projects that have reached at least Stage 1 in their development, with a possible short grace period for new and genuinely interesting projects. Buterin Shifts Focus to Layer...Read More
[PRESS RELEASE – New York, New York, September 12th, 2024] Leading web3 accelerator program Beacon has announced the launch of its fourth and largest cohort to date. Beacon, which finances projects from pre-seed to Series A, has selected 17 promising companies for its latest three-month program, marking a significant expansion from previous cohorts. The latest...Read More
XRP price is poised for a significant rally, despite gaining 6% upside momentum in the past four hours. It’s all thanks to the asset management giant Grayscale. On September 12, 2024, the firm announced its latest single-asset crypto investment product, Grayscale XRP trust. Grayscale’s XRP Trust Takes the Spotlight This announcement on X (previously Twitter)...Read More
Within the next six months, the United States arm of the financial services company, eToro, would cease trading almost all crypto assets on its platform due to a new order from the Securities and Exchange Commission (SEC). According to a press release from the SEC, eToro has violated federal securities laws since at least 2020....Read More
[PRESS RELEASE – Singapore, Singapore, September 12th, 2024] Web3 user security platform GoPlus has announced that it has partnered with EVM-compatible sidechain Neo X to provide node security. Neo X has become the first blockchain to integrate GoPlus’ Security Module at the node level, providing foundational security for all users on its new sidechain. The...Read More
[PRESS RELEASE – Kuopio, Finland, September 12th, 2024] Kampela, an innovative hardware startup, has successfully secured funding through a Decentralized Autonomous Organization (DAO) on the Polkadot network, marking a significant milestone as the first hardware project to be fully backed by a DAO in the Polkadot ecosystem. This achievement demonstrates the power of decentralized governance...Read More
The largest US-based crypto trading platform announced that its Wrapped Bitcoin product (cbBTC) has gone live on two blockchains – Base and Ethereum. This comes months after the company integrated the Lightning Network for BTC transfers. The announcement by the exchange informed that the Wrapped Bitcoin (cbBTC) will be “backed 1:1 by Bitcoin (BTC) held...Read More
September has turned out to be a highly volatile month for bitcoin so far, as the asset has gone through several ups and downs, including yesterday’s impressive surge to over $58,000. However, BTC could be on the verge of yet another rally, given the substantial outflows from exchanges, which recently hit a multi-month high. $750M...Read More
After Bitcoin (BTC) dipped to $55,500 and Ethereum (ETH) dropped to $2,200 earlier this week, many expected further struggles across the crypto market. However, contrary to the expected downturn, altcoins have experienced a surprising rally. This renewed momentum in the sector highlights the resilience of smaller projects despite widespread fear, uncertainty, and doubt (FUD) among...Read More
[PRESS RELEASE – Santa Clara, CA, September 12th, 2024] CARV is launching a $50 million accelerator to incubate projects capable of driving the mass adoption of its eponymous data protocol. With backing from top blockchain VC funds, including HashKey Capital and Consensys, the modular data layer for gaming and AI has pledged to support innovators,...Read More
In the fast-paced world of crypto trading, mastering the art of reading and interpreting market signals is crucial for success. Whether you’re a seasoned trader or just getting started, understanding the diverse range of trading indicators for you to leverage is essential in guiding your trading decisions. This guide is your one-stop shop to learning...Read More
On Sept. 11, the UK government introduced the “Property (Digital Assets) Bill,” which means that digital holdings, including cryptocurrency, non-fungible tokens (NFTs) such as digital art, and carbon credits, can be considered personal property under the law. “Tech-savvy owners of Bitcoin and other digital assets will benefit from greater legal protection thanks to an important clarification to...Read More
In the past two weeks, bitcoin has experienced a market correction of around 11% and even more evident volatile rides. Although the leading crypto asset recently briefly rebounded to $58,000, its price still has a long way to go before it regains its all-time high levels. On-chain data from the blockchain market intelligence firm Santiment...Read More
