Bitcoin has seen a surge in the past 24 hours, coming close to $27,000. Despite this, other cryptocurrencies such as SOL, ADA, TON, and MKR have outperformed BTC.After a sharp drop from $29,000 to $25,300 last week, BTC has been relatively stagnant, hovering around $26,000. Yesterday, it fell by over $500 but quickly recovered. This […]
Cryptocurrencies have been showing impressive gains, with Bitcoin rising beyond the $26,600 mark and Ether aiming for the $1,700 threshold. Layer 1 blockchain Solana surged by 7% post its integration with Shopify, boosting USDC stablecoin payments. Meanwhile, NEAR Protocol’s native token, NEAR, witnessed a 6% boost, primarily due to its adoption by crypto lender Nexo. […]
Bitcoin is expected to hit nearly $150,000 during its next four-year halving cycle, according to Pantera Capital. The crypto asset manager believes that Bitcoin price performance depends heavily on its halving cycles, and with the next due within the coming twelve months, the firm is betting that historical trends will continue.The firm notes that BTC/USD […]
XRP, the native token of Ripple’s Labs, has been hindered in its growth by the United States Securities and Exchange Commission (SEC) for the past three years. Pro-XRP lawyer and CryptoLaw founder John Deaton has blamed the SEC for the slow growth in the price of XRP. He believes that the XRP and the broad […]
Bitcoin is on track for a potential post-halving rally, according to historical analysis. This is due to increasing scarcity, which is a result of the halving process. The halving process reduces the amount of Bitcoin that is released into circulation, making it more scarce and potentially more valuable. This could lead to a rally in […]
Rarible, a nonfungible token (NFT) marketplace, has seen a significant increase in trading volume over the past 24 hours following a public statement in support of maintaining NFT creator royalties. This comes as competitor NFT marketplaces such as OpenSea have rewound support for royalties and royalty enforcement, prompting other NFT projects to also begin rewinding […]
Nathaniel Chastain, the former head of product at the NFT marketplace OpenSea, has been found guilty of insider trading and will spend three months in jail. Prosecutors argued that Chastain had bought numerous non-fungible tokens before they were featured on the platform’s home page and later sold them at much higher prices. Chastain maintained that […]
Optimism (OP) surprised crypto market participants twice in the last 24 hours. The token’s price dropped from $1.56 to $1.52, but then shot up from $1.521 to $1.600 in only three hours. Despite the recovery, the token is still low compared to the $1.80 level it saw at the beginning of August.Crypto token Optimism (OP) […]
XRP20, a yield-bearing token launched on Uniswap decentralized exchange on Tuesday, August 22, has seen a trading volume of over $1 million. The token mirrors the 100 billion supply of XRP but has no affiliation with Ripple, the issuer of the XRP token. The XRP20 project’s innovative stake-to-earn utility is funded by allocating 40% of […]
European and global crypto exchange-traded products (ETPs) saw a reversal of their declining funds trend in June, with inflows totaling €150 million (about $160 million) in Europe and $610 million worldwide. This marked the best performance for European crypto ETPs since March 2022. The surge of inflows almost balanced out the €100 million outflows in […]
