[PRESS RELEASE – Manchester, United Kingdom, July 8th, 2024] Rootstock sees record-breaking usage and an influx of new partners integrated into its network Rootstock, the first and longest-lasting Bitcoin sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. This momentum has […]
TL;DR The cryptocurrency market rebounded with XRP’s price spiking 13% to over $0.44. Analysts predict future gains, with targets set at $17 and $9.50. XRP’s daily transactions surpassed 2.3 million, indicating rising adoption and increased trading volume, which could boost investor sentiment and prices. XRP’s Top Target The cryptocurrency market experienced a significant decline at […]
Bitcoin is currently down 23% from its peak price, with most of those losses coming over the past week. The summer crash had been predicted on the premise that the four-year cycle was too early to peak. On July 7, market analyst Benjamin Cowen eyed the Bitcoin bull market support band (BMSB) as a key […]
The cryptocurrency market is going through another decline on Monday morning, with major coins charting notable decreases. For example, ETH is once again trading below $3K and is down 4% on the day. XRP dropped by 5%, and now the bulls are fighting to defend the critical $0.4 level. Source: Quantify Crypto As seen in […]
Despite the launch of a slew of blockchain networks offering lower fees and faster transaction times, Ethereum’s dominance continues, and users seem willing to pay higher fees. As such, Ethereum has surpassed Bitcoin in terms of 1-year fee revenue, according to data compiled by Lookonchain. With a whopping $2.728 billion, Ethereum clearly leads the pack […]
TL;DR Ondo is the largest coin in the Real-World Assets (RWA) sector, with a current price around $1 and a market cap of $1.4 billion. It debuted in January and reached an all-time high of nearly $1.50 in June. The niche recently dipped from nearly $9 billion to approximately $6 billion due to the broader […]
Bitcoin’s price has stagnated since its March peak due to tight U.S. monetary policy, which has reduced stablecoin supply, according to CryptoQuant analysts. “The reason for Bitcoin’s inability to rally further is fundamentally due to the tightening monetary policy in the U.S. since March 2022,” they reported on July 3. As a result, the overall […]
TL;DR Bitcoin experienced a significant correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it’s a normal part of Bitcoin’s growth and advise holding steady. Many analysts predict a future rally based on historical patterns and the recent halving, although a few suggest the bull run […]
In Tseung Kwan O, Hong Kong, a 3-year-old boy was abducted from a shopping mall on July 3. Following the incident, the kidnappers demanded a ransom of 660,000 USDT, which is about HK$5.15 million. Hong Kong Kidnappers Demand USDT The boy’s parents were instructed to download the Telegram messaging app and purchase the USDT ransom […]
In the second quarter of 2024, Web3 user engagement hit an all-time high, with approximately 10 million daily unique active wallets (dUAW), marking a 40% increase from Q1. According to a July 4 report by blockchain analytics platform DappRadar, the unprecedented growth spanned various sectors of the decentralized application (DApp) industry, leading to an overall […]