Tron has ascended to the throne, outperforming Ethereum and Bitcoin in terms of the most daily active addresses. On January 8, Tron boasted 1.4 million active addresses. Data from Token Terminal reveals that Tron (TRX) is trailed by BNB Chain (BNB) with 1.36 million, Polygon (MATIC) with less than 600,000, Bitcoin (BTC) with just under […]
It may be an exaggeration to say that bitcoin, currently trading close to $50,000, is a complete disaster. However, the exaggeration isn’t far from the truth. The industry, rather than creating practical tools that could withstand extreme scenarios such as a nuclear holocaust, has repeatedly demonstrated the necessity for regulation of this technology.Major technical failures […]
The emergence of Bitcoin Ordinals in 2023 as nonfungible tokens (NFTs) on the Bitcoin blockchain has sparked a significant debate, causing a rift in the previously united Bitcoin community. This division has raised concerns, especially as major Wall Street firms are preparing to issue Bitcoin ETFs. To avoid further fragmentation, supporters of Bitcoin Ordinals are […]
The crypto community is abuzz with the anticipation of the US Securities and Exchange Commission (SEC) approving spot Bitcoin Exchange-Traded Funds (ETFs). This expectation has significantly influenced market discussions and social media metrics around Bitcoin. Santiment, a leading on-chain analytics platform, has noted a significant increase in Bitcoin’s social dominance, particularly in short-term periods.There has […]
Solana (SOL), a blockchain platform, has reported significant advancements in its developer ecosystem, demonstrating substantial growth and improved retention rates. The Solana Foundation’s recent report reveals that the platform’s developer community has made notable progress in tooling, developer experience, content quality, and programming language diversity throughout 2023.The Solana Foundation, which fosters the growth of the […]
Expectations are high for the United States Securities and Exchange Commission (SEC) to approve the listing of shares of a spot Bitcoin exchange-traded fund (ETF) on exchanges for the first time by Jan. 10. However, the nature of this approval remains uncertain.Despite positive indications, there is no absolute guarantee that the SEC will approve a […]
In the midst of a fierce competition to attract investors to Bitcoin exchange-traded funds (ETFs), Grayscale is holding its ground with its Bitcoin investment product, despite the ongoing fee war in the sector. As other players such as Valkyrie, Invesco, and Bitwise lower their fees, Grayscale has chosen to maintain a higher fee, underlining the […]
The crypto market is witnessing a surge in stablecoin inflows, driven by renewed bullish action and the anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the United States. The influx of Tether USDT and USD Coin USDC into exchanges indicates that traders might be preparing to enter the market based on their spot […]
While Bitcoin exchange-traded fund (ETF) applications are still under review by the US Securities and Exchange Commission (SEC), executives from asset management firms are speculating about the potential launch of spot ETFs for other major cryptocurrencies, including XRP and Ethereum (ETH). However, the classification of XRP and Ethereum as securities presents regulatory challenges and potential […]
Samson Mow, a prominent Bitcoin advocate and CEO of Jan3, has recently sparked a significant discussion with his extremely bullish prediction for Bitcoin’s future. Mow suggests that Bitcoin could potentially surge to $1 million “basically at any time,” a prediction that aligns with the pending approval of a spot Bitcoin exchange-traded fund (ETF) by the […]
