A recent report from Castle Island Ventures, titled Stablecoins: The Emerging Market Story, sheds light on the evolving role of stablecoins in today’s economy.
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Stay up to date with the advancements and changes, in the world of cryptocurrency and blockchain.
A recent report from Bitcoin infrastructure company River forecasts that approximately 10% of U.S. corporations will convert 1.5% of their cash reserves, totaling an estimated $10.35 billion, into Bitcoin within the next 18 months.
A press release report published by Henley & Partners on August 27 2024, shows that Bitcoin millionaires have doubled over 111% in 2024.
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.
In the past week, Ethereum’s decentralized applications (DApps) have shown a notable increase in activity, with transaction volumes growing by approximately 36%.
Dovey Wan, the founding partner of Primitive Ventures, took to the platform X to share her perspective on Ethereum’s rise to prominence.
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.
A significant rise in cryptocurrency adoption has marked the first half of 2024, according to a recent report from Crypto.com.
The aftermath of Bitcoin’s 2024 halving event has ushered in a phase of increased market volatility, which could be reflective of a deeper speculative trend shaping the cryptocurrency landscape.
As the general public awaits the approval of Bitcoin ETF options on different exchanges, NYSE American LLC has withdrawn its proposal to list and trade these options on two exchange funds, Bitwise Bitcoin ETF and Grayscale Bitcoin ETF.
After the launch of spot Bitcoin ETF in January, Bitcoin ETF options are set to launch before this year’s end.
Since the Ethereum Merge on September 15, 2022, the ETH/BTC exchange rate has dropped by 37%, according to a recent analysis by 10x Research.
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.
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.
In an unexpected turn, Bitcoin and precious metals have displayed a negative correlation this July, calling into question the notion of Bitcoin as “digital gold” and its role as a hedge in investment portfolios.
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.
Scottie Pippen, the esteemed NBA Hall of Famer, has unveiled his latest venture, the Game5Ball project.
The SEC has approved the first Ethereum exchange-traded funds (ETFs), a significant milestone for Ethereum and the broader crypto industry.
In a meeting in Abu Dhabi on June 3, the Board of the UAE Central Bank approved the issuance of regulations for licensing and overseeing stablecoin arrangements, which cleared the door for the country to establish a regulatory framework for the stablecoin issue.
In a preliminary investigation report released on the social media platform X, cryptocurrency exchange WazirX disclosed that one of its multi-signature wallets suffered a significant cyber attack, resulting in a loss exceeding $230 million.