The cryptocurrency market is experiencing a remarkable shift as Bitcoin surpasses the $28,000 mark, with a 70% price increase since the start of the year. Despite this, Bitcoin’s open interest – an aggregate of funds in open futures contracts – is steadily declining, suggesting a decrease in speculative activity. Open interest as a percentage of […]
Chris Burniske, a crypto investor and venture capitalist, believes that Solana (SOL) is about to start outperforming Ethereum (ETH). He shared a chart posted by on-chain analyst Will Clemente, which shows Solana versus Ethereum (SOL/ETH) forming a series of higher lows and higher highs, indicating a potential shift in long-term momentum. Burniske has been bullish […]
An anonymous investor has made history with an astonishing 712,487,400% return on investment (ROI) in the Shiba Inu (SHIB) token. The investor, who spoke to crypto influencer and YouTuber Bad Anthony, initially invested $8,000 in August 2020 and saw it grow to an unprecedented $5.7 billion within 400 days.The investor has been in the crypto […]
The cryptocurrency market is a dynamic landscape of innovation, achievements, and transformative projects. Polygon (MATIC) has been making waves after the Dragon Fruit upgrade, Uniswap (UNI) achieved a significant milestone, and Everlodge (ELDG) continues to impress investors with its performance. Polygon (MATIC) has experienced a surge in demand following its Dragon Fruit upgrade. The Polygon […]
Elon Musk’s rebranded social media platform, Twitter X, is set to go public amid a new investment strategy by Bill Ackman’s firm, Pershing Square. The venture into X could redefine social media engagement while creating unparalleled shareholder value, according to Ackman. The potential public listing of Twitter X could have a rippling effect on the […]
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now live on the BNB blockchain network. This integration with Chainlink will enable developers to securely expand their applications across chains. CCIP provides users with the ability to transfer tokens from one blockchain to another, using the lock-and-mint or burn-and-mint mechanisms. It also allows users to carry out Cross-chain […]
The banking industry is increasingly adopting blockchain technology to tokenize real-world assets. Financial giants like JPMorgan and Citi are exploring the benefits of both public and private blockchains, merging innovation with security. Franklin Templeton is utilizing public blockchains for their potential cost-saving efficiencies, while Citi is focusing on the integration of digital offerings. However, the […]
Cardano is making significant strides in its blockchain ecosystem, as outlined in the weekly development report. The Lace Wallet has been upgraded to enable users to customize their delegation ratio among different stake pools, as well as to integrate portfolio persistence and rectify UI glitches. Additionally, the DApp connector has been enriched to facilitate governance […]
Ethereum (ETH) is gaining attention as a potential long-term performer, according to prominent crypto analyst and trader Dave the Wave. He believes that a multi-year analysis of the Ethereum-Bitcoin pair reveals a more nuanced picture, with a potential for an upward breakout for Ethereum early next year. In contrast, Dave the Wave’s logarithmic growth curves […]
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, believes that certain assets, including Bitcoin, will become “priceless” as the Federal Reserve works on a controversial project. Kiyosaki has 2.4 million followers on the social media platform X, and he has warned them that the Fed’s central bank digital currency (CBDC) will make […]
