Author: Enoch Dibofu

A press release report published by Henley & Partners on August 27 2024, shows that Bitcoin millionaires have doubled over 111% in 2024.

Tron (TRX) has recently come into immense demand due to its mission to revolutionize decentralized entertainment and content sharing.

The past seven days have been difficult for the Polygon MATIC market as it’s down by over 20%, as seen in the chart below. This is surprising as MATIC experienced a rally in mid-August, even breaking over some key resistance.

Think or picture a financial system in which anyone with an internet connection can access various services — from lending and borrowing to trading and investing securely with no help from any third parties or intermediaries.

The decentralized finance (DeFi) revolution is on the rise, as over $200 billion in assets were invested in DeFi protocols as of 2023. This explosive growth is attributed to the potential of financial inclusion, decentralization and integrity in financial transactions through blockchain technology.

The cryptocurrency market is expanding at a rapid pace, with a projected 107.30 million users by 2025 and an average revenue per user of  $61.5 in 2024, according to Forbes. This explosive growth has brought a lot of interest to the world of digital currencies.

Cryptocurrency mining has surged in popularity recently, attracting both novices and experts.

A statement made by the Fed Chair Jerome Powell on Thursday has shaken up the crypto market.

The total crypto market has risen above $2.09 trillion, which is over a 2% increase to the previous day, which is $2.05 trillion and over a 4% increase a week before that had a close of $2 trillion.

Tron has made a significant move in the crypto world, surpassing Cardano to secure a spot in the top 10 crypto by market capitalization of $13.32 billion as of the time of writing, as shown from data on Coinmarketcap.

As the general public awaits the approval of Bitcoin ETF options on different exchanges, NYSE American LLC has withdrawn its proposal to list and trade these options on two exchange funds, Bitwise Bitcoin ETF and Grayscale Bitcoin ETF.

As cryptocurrency gains recognition internationally, knowledge of the tax law is significant.

After the launch of spot Bitcoin ETF in January, Bitcoin ETF options are set to launch before this year’s end.

Have you ever wondered how it is possible to complete transactions where there is no mediator in between? This intriguing question is the core of smart contracts.

The stablecoin market, a crucial part of the crypto market with 8.18% of the total cryptocurrency market, continues to surge by hitting a $165 billion market cap.

With the world actively developing in the digital and decentralization direction, protecting your crypto digital assets is more important than ever.

The past two days have been a bloodbath for the crypto market. On August 5, the world’s largest cryptocurrency, Bitcoin, traded below $50k, down more than 15%. But Bitcoin isn’t the only cryptocurrency that has plummeted over the last 24 hours.

With the number of existing blockchain networks, platforms like Ethereum face scalability problems. Ethereum, famous for initiating decentralized applications and smart contracts, currently performs 7 to 15 transactions per second.

As major organizations are willing to accept cryptocurrency as payment, its implications cut across businesses, customers, and the economic system.

After the FOMC meeting on July 31, Bitcoin dipped below $65k after attempting to surpass the all-time high just two days before on Monday, July 29.