Bitcoin’s price is on the verge of decisively breaking out from the $100K resistance level as investors are getting ready for a potential rally higher. Is a new all-time high on the horizon? Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has consistently been making higher highs and […]
TL:DR; Ripple’s cross-border token became one of the best performers in the cryptocurrency market on a monthly scale at one point, but can it go even higher? ChatGPT and Perplexity weigh in on the factors needed for its market cap to skyrocket to the $1 trillion mark. XRP at $1T? Recall the price developments around […]
[PRESS RELEASE – Dubai, United Arab Emirates, December 13th, 2024] Bybit, the world’s second-largest cryptocurrency exchange by trading volume, continues to reinforce its commitment to transparency and regulatory compliance. In response to evolving regulations, Bybit has made the difficult but necessary decision to temporarily adjust the availability of its products and services within the European […]
[PRESS RELEASE – Grand Cayman, Cayman Islands, December 13th, 2024] Sui, the innovative Layer 1 blockchain and smart contract platform, has partnered with Ant Digital Technologies and its Web3 technology brand ZAN, aiming to expedite the global assimilation of RWA (real-world assets) into the Web3 ecosystem. ESG-backed real-world assets are ready to take the next […]
[PRESS RELEASE – Dubai, United Arab Emirates, December 13th, 2024] Prosper, a decentralized protocol democratizing access to Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as omnichain real-world assets (RWA), today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round. Backed by Metalpha, Waterdrip Capital, […]
Vancouver’s city council has voted in favor of exploring the use of BTC in municipal finances, marking a significant step toward making the city “Bitcoin-friendly.” Mayor Ken Sim introduced the motion, which passed on Wednesday with strong support from six councilors. Two voted against it, and three were absent. Vancouver to Explore Bitcoin Integration The […]
AAVE, the native token of the decentralized crypto lending platform Aave, surpassed $363 after surging by approximately 30% over the past day. This is the first time since 2021 that the asset has recorded a crucial milestone in a rally powered by a huge wave of coins moving back into circulation. Major AAVE Stakeholders Circulate […]
Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance. Over the past month, Tether issued $20 billion in USDT on the network, possibly marking it as the go-to blockchain for activity involving the fiat-pegged cryptocurrency. Strategic Expansion Figures shared by the on-chain data platform […]
TL;DR Pi Network users in South Korea surpass Binance’s user base in the country. The project’s open mainnet launch awaits final verifications, with updates expected in the following weeks. Pi Network Outpaces Binance on This Front The cryptocurrency project Pi Network, which allows individuals to mine digital assets directly from their smartphones, remains one of […]
Nearly a year since United States-based spot Bitcoin exchange-traded funds (ETFs) were launched in January, the funds have experienced remarkable growth. Inflows into the 12 funds have surpassed 500,000 BTC. Spot Bitcoin ETFs Attract Over 500K BTC In an X post, Vetle Lunde, head of Research at the digital assets research firm K33, stated that […]