The cryptoverse remains to be stuck in a quagmire, where digital assets have been bogging down on gains. With billions being already lost in the swamp, folks from the industry are now waiting for a pull out from the gloom. While mainstream cryptos have been moving in ruins, eyes are now pinned on emerging protocols...Read More
The cryptocurrency market today saw mixed results, although market leaders Bitcoin and Ethereum still did not see any major gains. While the majority of the Altcoins traded in red. Bitcoin (BTC) Amidst all the hush-hush in the market popular analyst and trader Micheal Van De Poppe sees optimistic indicators for Bitcoin. In a series of...Read More
Multi-sector blockchain protocol Terra (LUNA) has announced a proposal to deploy $139 million to five different DeFi projects across Ethereum, Solana, and Polygon to enhance UST’s use cases. The proposal, however, needs to be accepted by the Terra community through a vote of governance participants that’s likely at a later date. Terra as a Dominant...Read More
Ethereum which is considered as one of the stable assets, also experienced a notable pullback since the ear;y trading hours. The asset ever since lost the $4000 levels never appeared desparate to regain its lost position. Yet always preferred to have a calculated approach to achieve the upper target. However, the recent crash dragged the...Read More
Ethereum is currently attempting to recover a slight increase in its price in order to regain its lost position above $4000. However, despite the declining selling volume, the asset is still unable to initiate a recovery phase. Yet the trend is expected to change in the next couple of days, but woefully, the end of...Read More
Rep. Lee Kwang-jae – a member of the ruling Democratic Party in South Korea – is reportedly planning to receive campaign donations in digital assets. He also intends to issue non-fungible tokens (NFTs) as a receipt for such contributions starting from mid-January next year. Crypto to Fuel Political Campaigns According to a December 30 report...Read More
Ethereum has been confronting backslash for lack in its governance and other shortcomings. However, the more proactive community has now got an opportunity to vote for the upcoming on and off chain governance. Gas DAO is a mega project launched as decentralized autonomous organization (DAO) on Wednesday. And thrives to become “the heartbeat and voice”...Read More
Even as the year proved to be a defining moment for Bitcoin, it found itself on the sidelines as the astonishing rally came to a halt recently. At the same time, many altcoins, some previously obscure, came to the fore, including memecoins. However, Arcane Research outlined the possible changes in the upcoming year, which could...Read More
The American breast cancer organization – Susan G. Komen (also known as Komen) – enabled people willing to support the cause to donate digital assets instead of fiat currencies. The partner in the initiative is the donation platform – The Giving Block. Susan G. Komen announced the new additions on its Twitter page. The organization...Read More
Bitcoin price is trading above $50,000 and that’s what makes the entire crypto space paint in green. However, the second most dominant crypto, Ethereum, is still swinging within the same levels, manifesting very little or negligible volatility. Moreover, the recent pump also failed the ETH price to uplift above the $4100 range. So what’s wrong...Read More
Jack Dorsey was quite active on Twitter today, doubling down on his belief in Bitcoin. He asserted that people should focus on secure and resilient tech developments that are not controlled by individuals or organizations. The CEO of Square and former CEO of Twitter is among the most well-known BTC proponents, having previously said that...Read More
Consensys – a leading Ethereum Software company – recently launched ConsenSys Rollups in collaboration with payment giant Mastercard. The software solution will help provide scalability and privacy to Ethereum Virtual Machine (EVM) compatible blockchains. Enhancing Throughput and Privacy Consensys announced its new software in a company blog post on Thursday. It will reportedly provide “enterprise-grade...Read More
The power of memes is nothing to scoff at. According to Grayscale’s third annual Bitcoin Investor Study, Dogecoin is the most well-recognized altcoin. 74% of those surveyed have heard of the meme coin, compared to just 56% that have heard of Ethereum. Bitcoin is still king, however, recognized by 99% of investors. Awareness Around Altcoins...Read More
AscendEX, a cryptocurrency exchange that recently celebrated its third anniversary, confirmed that numerous tokens were maliciously transferred out of its hot wallet earlier today. While the firm is yet to affirm the total amount stolen, early estimations show that the funds are worth roughly $80 million. The company admitted to detecting an undisclosed number of...Read More
The CVI platform, the first decentralized Crypto Volatility Index for the digital asset market, has recently announced the addition of two new volatility tokens to its growing list of products. CVI Launches ETHVOL and CVOL In a Tuesday press release seen by CryptoPotato, the firm noted that the new volatility tokens – ETHVOL and CVOL...Read More
Around $400 million worth of Ether (ETH) was transferred from cryptocurrency exchanges FTX, Binance, and Coinbase to the wallets belonging to hedge fund Three Arrows Capital (3AC). This was enough to spark off rumors about a potential security breach. The Chinese crypto-journalist Colin Wu revealed the transfer of 91,477 ETH in two days to the...Read More
The Swiss-based investment product issuer – 21Shares – listed its first two physically-backed Exchange-Traded Notes (ETNs) on Nasdaq Stockholm. The underlying assets of the financial products are respectively Bitcoin and Ethereum. First Issuer of ETNs on Nasdaq Stockholm According to a recent press release, Nasdaq released a new segment for ETNs, a type of debt...Read More
The blockchain provider and development platform – Syscoin announced that its Layer 1 for Ethereum Virtual Machine (EVM) smart contracts has reached mainnet on block 1,317,500. With that development, it has fulfilled Phase One of the NEVM launch. Syscoin Combines Bitcoin And Ethereum According to a press release seen by CryptoPotato, this upgrade will allow...Read More
Bitmart has confirmed that it was hacked, with early estimations indicating that the total amount swiped is around $200 million in various cryptocurrencies. Sheldon Xia, founder and CEO of the exchange, asserted that the company has temporarily suspended withdrawals. Users on Twitter started to complain about a possible security breach against Bitmart earlier on December...Read More
The world’s second-largest crypto is raising with huge strength, gaining more than 8% in the past 24 hours. After a notable consolidation, the asset is yet again slowly marching aiming to form new highs very soon. Currently, a strong buying sentiment is building around ETH price and further breakouts are likely to happen. Advertisement After...Read More
The NFT market and metaverse have once again been thrown into a state of euphoria as a single plot of digital land on the most popular NFT game in the crypto space, Axie Infinity, sold for 550 ETH. $2.3M for Axie Infinity Plot The plot of land in question is one of the Genesis plots...Read More
It’s been a very volatile week in the cryptocurrency market. Despite the turbulence, some altcoins managed to hold their ground and even appreciated in value, but the same can’t be said for Bitcoin. The primary cryptocurrency is down about 4% on a weekly basis, but this comes after a week of serious volatility. On Monday,...Read More
Black Friday is here again! It is one of the biggest and most anticipated periods for shoppers in the United States and many other countries around the world. The reason is simple: everyone gets to benefit from the massive discounts and deals as the US celebrates Thanksgiving and as Christmas approaches. Interestingly, the cryptocurrency industry...Read More
Since EIP-1559 took effect in August, Ethereum has now burned over 1 million Ether from circulation. At today’s prices, that’s over $4.2 billion in value. Torching The Ethereum Network Data from Watch The Burn reveals the Ethereum network’s achievement of this latest milestone. At the time of writing, it shows that 1 002 000 ETH...Read More
Emerald, the Ethereum Virtual Machine (EVM) compatible ParaTime developed by the privacy-focused blockchain protocol Oasis, has officially seen the light of day on Mainnet. Oasis aims to attract more projects from the DeFi, NFT, and gaming dApps industries onto its network with the move. The press release seen by CryptoPotato informed of the launch, explaining...Read More
The debate over the feasibility of using Ethereum as the Swiss Army of the crypto-verse is heating up again now that DeFi, gaming, and NFT are enjoying a recent surge in popularity. But the outlook is not very positive considering the current state of affairs. The impact of xcessive fees, long confirmation times, and slow...Read More
Cryptocurrency prices today surged after sliding in the past few sessions in a retreat from its record high level. The global crypto market cap, standing at $2.63 trillion, surged almost 5.95 percent over the last 24 hours. Advertisement The world’s largest cryptocurrency is trading over 4% higher at $58,891. Ethereum also surged 6 percent to...Read More
This week brings both good and bad news, depending on where you look it from. For Metaverse aficionados, the week was quite great, but for the rest of the market – it was downright bleak. So, let’s start with the broader market. Bitcoin is down over 10% in the past seven days, and there’s no...Read More
Over the last 24 hours, the overall market has been in the red, with Bitcoin down 1.48 percent. In the meantime, Ethereum is down 0.46 percent. Ethereum fell below $4,100 in the afternoon on Thursday, extending its slide into the third day. Ethereum has given up early gains, making for a mixed morning. This week,...Read More
According to a recent survey conducted by Pew Research Center, the vast majority of US adults (86%) have heard at least a little about digital currencies. However, only 16% of the participants admitted they have personally invested in some of them. Americans Are Aware of Crypto The nonpartisan think tank – Pew Research Center –...Read More
