LINK, the native cryptocurrency of the Ethereum-based decentralized blockchain oracle network Chainlink, has witnessed a price breakout fueled by strong on-chain activity and increasing investor confidence. An analysis by blockchain intelligence platform Santiment revealed that technical indicators for LINK suggest there is a potential for continued price gains and that the asset’s long-term outlook remains...Read More
[PRESS RELEASE – San Francisco, California, September 26th, 2024] Uphold’s fiat-to-crypto on-ramp Topper integrates with Ledger, the gold standard in hardware wallets, to disrupt traditional banking and challenge the exclusivity of traditional banking services. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, has announced a partnership with Ledger, the world leader in...Read More
Dogecoin’s price has been on a roll in the past few weeks, having surged by about 30% since September 7. Recent data provided by the popular cryptocurrency analyst Ali hints at another similar rally should the meme coin decisively conquer the $0.11 resistance. Alongside the rest of the market, DOGE dumped hard in the first...Read More
Bitcoin’s price has been on a positive trend for the past week but it has unsuccessfully challenged the $65,000 level a few times. According to on-chain data, BTC whales have been offloading a lot of their holdings lately, which could suggest more trouble on the horizon if they continue. #Bitcoin whales sold over 20,000 $BTC...Read More
PayPal Holdings, Inc. has announced a major new feature for U.S. merchants, enabling them to buy, hold, and sell cryptocurrency directly from their business accounts. This new feature aims to enhance crypto usage for businesses across the United States, except New York State, at launch. New Capabilities for Business Account Holders According to a September...Read More
[PRESS RELEASE – Vilnius, Lithuania, September 26th, 2024] The BITmarkets crypto exchange has published its end-year update for its crypto study on the game-changers for crypto in 2024, entitled “Revisiting the Game-Changers for Crypto.” Amongst the listed assets, which include cryptocurrencies and other digital assets with the potential to transform the crypto world as we...Read More
[PRESS RELEASE – Singapore, Singapore, September 26th, 2024] SphereX is excited to announce the official launch of its mainnet, marking a key milestone in decentralized finance (DeFi). Powered by zkLink Nova’s Layer-2 scaling technology, the SphereX mainnet offers a faster, more efficient trading experience with lower fees and greater scalability. This launch sets the stage...Read More
On Sept. 26, CryptoQuant founder Ki Young Ju reported that America is regaining dominance in terms of BTC holdings. Its ratio compared to other countries is rising, “driven by spot ETF demand,” he added. According to the US reserve ratio chart he provided, holdings have been increasing for the past year but have yet to return...Read More
Base, the Ethereum layer-2 protocol developed by crypto exchange Coinbase, has recently witnessed a surge in its activities, resulting in a significant increase in its daily active addresses. According to data from the on-chain analytics platform IntoTheBlock, the increase in Base’s daily active addresses can be linked to the launch of Coinbase Wrapped Bitcoin (cbBTC)...Read More
Caroline Ellison was sentenced to two years in federal prison on Tuesday for her involvement in the FTX fraud scandal. The 30-year-old was also ordered to forfeit $11 billion, which she earned through her association with the now-collapsed cryptocurrency exchange. Ellison’s Cooperation Judge Lewis A. Kaplan, who presided over the case, acknowledged the former Alameda...Read More
Vitalik Buterin, co-founder of Ethereum, took to social media platform X to commend Celo’s growth. The blockchain network recently outpaced Tron in daily active addresses for stablecoin usage. Celo’s Growth In his post, Buterin expressed enthusiasm for the achievements, stating: “This is amazing to see. Improving worldwide access to basic payments and finance has always...Read More
Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what. Solana Vs. Ethereum The report, authored by Martin...Read More
[PRESS RELEASE – Alberta, Calgary, September 25th, 2024] The EOS Network announces the successful completion of its landmark upgrade to Spring 1.0. This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network. By enhancing transaction finality to 1 second, EOS has achieved a more than...Read More
Sources familiar with the living arrangements of the Metropolitan Detention Center (MDC) in Brooklyn have revealed interesting facts about two popular inmates. The recently arrested American rapper and celebrity Sean Combs, popularly known as Diddy, is in the same cell with Sam Bankman-Fried (SBF), the convicted founder of the bankrupt crypto exchange FTX. According to...Read More
Bitcoin’s correlation with one of the oldest and arguably the safest investment instruments, gold, has risen to a five-month peak, according to data from IntoTheBlock. At the same time, Ethereum’s numbers point to precisely the opposite, even though ETH is supposed to be ultra-sound money following some of its updates in the past few years....Read More
On Sept. 25, the founder of Lyn Alden Investment Strategy announced that her recently commissioned research paper has measured global money creation relative to other asset classes. Alden’s paper revealed that bitcoin moves in the direction of global money supply (M2) 83% of the time and more than other assets. Bitcoin has demonstrated a strong...Read More
On Sept. 24, Minnesota Representative Tom Emmer took aim at Gary Gensler over his “disastrous record” as Chairman of the SEC. The grilling came during a House Financial Services Committee congressional hearing. Emmer accused Gensler of expecting political allegiance from SEC staff, including civil servants; however, the SEC chair denied this claim despite email evidence to...Read More
[PRESS RELEASE – Miami, Florida, September 24th, 2024] Floki is proud to announce that Valhalla, an innovative Web3 play-to-earn game, is in a groundbreaking partnership with Alliance, a leading global esports organization. The partnership with Alliance allows Valhalla to tap into the vast esports audience, introducing gamers to the benefits of Web3 while combining exciting...Read More
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, has reported a shift in crypto adoption among the country’s top financial advisors. Reflecting on his speech at the Barron’s Advisor 100 Summit last Friday, Hougan noted that 70% of the attending financial advisors now personally hold cryptocurrency, a noteworthy increase from just two years ago...Read More
Solana (SOL), the fifth-biggest cryptocurrency by market cap appears bullish and poised for a massive upside rally following its consolidation breakout. After consolidating in a tight range between $141 and $150 for the last five days, SOL has finally broken out of that zone and is now ready for the rally. Solana (SOL) Current Price...Read More
According to a Sept. 23 report by tech outlet The Information citing ‘people familiar with the matter,’ the blockchain prediction platform is in talks to raise $50 million in funding. The New York-based company is also considering issuing its own token to run its betting market, with potential funding round investors receiving warrants to buy...Read More
A group of Republican lawmakers, headed by Rep. Patrick McHenry and Sen. Cynthia Lummis, have raised concerns over the Securities and Exchange Commission’s (SEC) approach to regulating crypto custody. In a letter addressed to SEC Chair Gary Gensler, the lawmakers demanded the agency “rescind” its Staff Accounting Bulletin No. 121 (SAB 121). Critique of SAB...Read More
The yellow metal recently broke past the $2,630 mark, registering a new record high, but Peter Schiff, the well-known gold advocate, is concerned that investors aren’t paying attention. According to him, the market’s obsession with Bitcoin (BTC) has overshadowed the critical signals gold is sending about the state of the economy. Schiff Decries Bitcoin Attention...Read More
[PRESS RELEASE – Baguio City, Philippines, September 24th, 2024] W3GG, the Yield Guild Games (YGG) backed decentralised gaming protocol, is thrilled to announce the listing of its native token, $W3GG, on Gate.io, MEXC, and Uniswap, marking a milestone in its mission to redefine the gaming industry through Web3 technology. The listing is scheduled to go...Read More
[PRESS RELEASE – San Francisco, United States, September 24th, 2024] EasyA, the world’s leading blockchain education platform, proudly announces the launch of its EasyA x Polkadot University. This will be the world’s first university focused on educating the next generation of blockchain developers. EasyA alumni have already founded companies valued at over $2.5 billion. The...Read More
In a latest development, SEC Commissioner Hester Peirce, known as “Crypto Mom” in the community, criticized the SEC for not confessing sooner that crypto tokens are not securities by default. While speaking at the Practising Law Institute’s SEC Speaks conference in Washington, D.C., she stressed the negative effects SEC’s regulatory ambiguity is having on the...Read More
[PRESS RELEASE – San Francisco, California, September 24th, 2024] Uphold’s fiat-to-crypto on-ramp Topper integrates with MEW (MyEtherWallet), a household name in the Ethereum (ETH) community with over three million active monthly users. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, announced today the formation of a partnership with a true veteran in...Read More
A dormant bitcoin whale address was reactivated earlier today, according to data from Arkham Intelligence, and has moved 5 BTC to the crypto exchange Kraken. This was their third BTC transfer in the past few weeks after being silent for a decade, said the popular resource. Arkham data shows that the wallet received the bitcoin...Read More
Bitcoin’s (BTC) price is currently on an upward momentum, and there is a chance the crypto asset could surge higher, according to on-chain data. A report from the pseudonymous CryptoQuant analyst Avocado revealed that several on-chain support levels suggest a positive turning point for BTC in the long term, indicating that the cryptocurrency is still...Read More
Last week, the Federal Reserve reduced its interest rate by 50 basic points, allowing increased cash flow in the United States. Two days after the rate reduction, bitcoin’s price surged past $64,000, reigniting confidence in the market. According to Bitfinex’s latest weekly report, the jump in BTC price was influenced by increased activities within the...Read More
