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 […]
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) recently released a report detailing the implications of a central bank digital currency (CBDC). The report was based on a pilot CBDC issued to selected industry participants, which enabled a deep dive into the legal, regulatory, technical, and operational facets of […]
The crypto fear and greed index dropped to the fear zone of 34 this week as Bitcoin and other cryptocurrencies experienced their worst week of the year. Bitcoin moved below $26,000, while Ethereum, Cardano, and Oasis Network also slipped, bringing the total market cap to $1.02 trillion. The fear and greed index is one of […]
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 […]
South Korea is known for its tech-savvy population and strong inclination towards crypto investments, and a new trend has recently been thrown into the spotlight concerning XRP. According to a report from News1 Korea, Generation Z investors in the nation are displaying a marked preference for altcoins, particularly XRP, over the more established cryptos such […]
The crypto fear and greed index dropped to the fear zone of 34 this week as Bitcoin and other cryptocurrencies experienced their worst week of the year. The index is one of the most prominent sentiment gauges in the financial market and looks at important gauges like the CBOE VIX index, put and call options, […]
Coinbase, a major U.S. crypto exchange, has recently launched its own blockchain project called Base. One of its applications, Friend.tech, has become increasingly popular, with over 100,000 users and generating more than $25 million in fees. Friend.tech allows users to purchase shares of X (Twitter) influencers and was recently funded by the crypto-focused venture-capital firm […]
Hedera Hashgraph has shown resilience in the face of a gloomy crypto market, with its total value locked (TVL) surging by 10% over the past week and 26% over the last month. The network has now surpassed 18 billion transactions and its cryptocurrency $HBAR is up by more than 16% over the last two weeks.Dropp, […]
