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 […]
Bitcoin has surged past the $28,400 mark for the first time since mid-August, sparking investor optimism that “Uptober” has arrived. Data indicates that BTC wallets have accumulated billions of dollars in the last month, potentially driving prices even higher.Experts have embraced the bullish outlook as the leading cryptocurrency surged to a six-week high. According to […]
The third quarter of 2023 has been the most financially damaging quarter of the year, according to the quarterly report of blockchain security firm CertiK. A total of 184 security incidents occurred in July, August and September, resulting in a loss of over $699 million in crypto assets. Private key compromises were the most damaging, […]
The Zuger Kantonalbank is the first cantonal bank in Switzerland to offer customers direct access to Bitcoin, Ether and other crypto-assets. The bank is partnering with Sygnum to launch trading and storage of crypto-assets immediately, allowing them to take the lead among cantonal banks. Customers will have access to the crypto-world without leaving their usual […]
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 […]
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 wallet associated with the hack of the bankrupt FTX exchange moved about $38 million in Ethereum (ETH) since it became active during the weekend. On-chain data shows that the attacker first transferred 6,250 ETH, worth $10.46 million, in three transactions through privacy tools like RailGun and THORChain. On Oct. 1, the attacker continued 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 […]
Bitcoin prices have surged to a new high of $28,000 during the Monday morning Asian trading session. Analyst ‘CrediBULL Crypto’ said that the move was expected and could have significant implications if it holds over the next couple of days. Will Clemente added that BTC was trading at major technical indicators at this level.Ethereum has […]
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 […]
