Bitcoin Lightning Network records massive growth in two years
Bitcoin’s Lightning Network, a layer-2 scaling solution, has seen remarkable growth, as reported by Bitcoin financial services company River Financial. One of the most impressive statistics is the surge in routed transactions, which skyrocketed from 503,115 in August 2021 to 6,599,553 in August 2023, representing an astonishing 1,212% growth. Routed transactions involve more than two […]
Wax Price Prediction 2023-2032: Is WAXP a Good Investment?
Wax Price Prediction 2023-2032 In the face of a bearish crypto market, certain niches continue to defy the odds, demonstrating both resilience and prospective growth. One such promising sector is blockchain gaming, projected to ascend to a remarkable market valuation of $74.2 billion by the year 2031. Nestled at the forefront of this burgeoning arena […]
Ethereum Layer-2 networks dominate Q3 transactions
Ethereum’s Layer-2 networks took center stage in the third quarter, accounting for 61% of all transactions, according to the latest State of Ethereum report by Messari. The surge in Layer-2 activity was attributed to the explosive launch of Base, a platform that briefly surpassed Ethereum’s mainnet in transaction volume. Additionally, the unexpected popularity of the […]
KuCoin Price Prediction 2024-2032: Is KCS a Good Investment?
KuCoin Price Prediction 2024-2032 KuCoin is one of the best choices to consider when investing in cryptocurrency. However, it is insufficient to hold the KCS cryptocurrency in high esteem. The coin has to perform up to expectations. You must look at KuCoin’s price prediction from 2024 to 2032, its expected minimum price, and what it […]
Bitcoin registers disappointing Q3 return
Bitcoin (BTC) faced a challenging third quarter in the year, with investors experiencing an 11.1% loss, just slightly better than long-term treasuries, which yielded a negative return of -11.9% over the same period. Greg Cipolaro, the Global Head of Research at Bitcoin firm NYDIG, analyzed the cryptocurrency’s underwhelming performance in light of recent developments in […]
WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, XRP, ADA, DOGE, AND SOL
Weekly crypto price analysis reveals that most cryptocurrencies have been trading in mixed signals, with bullish and bearish trends visible in the market. The top coins like Bitcoin, Ethereum, and XRP have been the most volatile in the past few days. The BTC token has been hovering above $27,000 for most days in the week. […]
Iris Energy expands mining capabilities ahead of Bitcoin halving
As the highly anticipated Bitcoin “halving” event looms just six months away, Iris Energy, a Canada-based Bitcoin mining company, is making significant strides to boost its mining capabilities. On Friday, the company confirmed a substantial increase in its total hashrate, surging by 25% from 5.6 exahashes per second (EH/s) to 7.0 EH/s. This expansion was […]
OFAC sanctions crypto wallets tied to fentanyl production
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action by sanctioning cryptocurrency wallets that are allegedly associated with individuals and companies involved in the production of fentanyl, a powerful and illicit opioid. In an announcement made on October 3rd, the U.S. Justice Department revealed that it had issued […]
Ethereum Futures ETFs record low investment on their debut
The much-anticipated launch of nine new Ethereum Futures ETFs has generated limited investment interest in comparison to the initial excitement surrounding their introduction. On October 2nd, these nine ETF products made their debut, with the primary aim of tracking futures contracts linked to the value of Ethereum’s native cryptocurrency, Ether (ETH). Among these ETFs, five […]
BTG Pactual expands digital strategy with Orama acquisition
BTG Pactual, a major Brazilian investment bank, has taken a significant step forward in its digital strategy. The bank recently inked a deal to fully acquire Orama, a cryptocurrency-friendly brokerage, for 500 million Brazilian reais ($98.7 million). This acquisition aims to extend BTG Pactual’s digital footprints and bring diverse investment avenues to the fore. Established […]
Klaytn Price Prediction 2023-2032: Is KLAY a Good Investment?
Klaytn Price Prediction 2023-2032 Klaytn is one of the best choices to consider when investing in cryptocurrency. However, it is insufficient to hold the KLAY cryptocurrency in high esteem. The coin has to perform up to expectations. You must look at Klaytn’s price prediction from 2023 to 2032, its expected minimum price, and what it […]
Worldcoin records massive success in Chile
Worldcoin, a controversial project that scans people’s eyeballs in exchange for cryptocurrency, has garnered attention in Chile, where over 200,000 individuals have participated. While some view this as a concerning step towards a dystopian future, others see it as an opportunity for easy money. Carlos Santibañez, a 29-year-old Chilean, had his eyeballs scanned in September […]
Ethereum supply surges amid gas price decline
The supply dynamics within the Ethereum network have experienced significant fluctuations amid a turbulent year for DeFi (Decentralized Finance), NFT (Non-Fungible Token) sales, and meme coin trading. Depending on the specific time frame examined, the token’s supply can appear either deflationary or inflationary. Every week, Ethereum tends to become scarcer, while when looking at a […]
PayPal chooses crypto.com as its preferred exchange for PYUSD
Cryptocurrency exchange Crypto.com has announced that it currently holds the highest liquidity for PYUSD trading pairs worldwide, according to a press release dated September 28. The exchange has made PYUSD available for both retail and institutional users, with additional trading features expected in the near future. This development marks a significant step forward in the […]
Mexican cartels intensify crypto use to fuel multi-million dollar fentanyl trade
Elliptic, a blockchain analytics company, has exposed a network of 100 individual suppliers utilizing various cryptocurrencies, including Bitcoin, Ethereum, Tron, and Monero, to conduct illegal payments. These individuals have been aiding the illegal fentanyl trade by smuggling the precursor chemicals essential for fentanyl synthesis and transferring funds from buyers to suppliers, ultimately leading to Mexico […]
UNUS SED LEO Price Prediction 2023-2032: Is the Coin a Good Investment?
UNUS SED LEO Price Prediction 2022-2032 The Latin name makes an interesting side story: A vixen bragged about how many children she had and sneered at a lion for only having one. The lioness then replies, “One, but a lion.” So in the Leo whitepaper, they bragged they would burn ALL of the tokens, except […]
Minecraft server suspends play-to-earn feature
An independent, fan-run PC game server for Minecraft is set to remove its play-to-earn functionality that paid players in Bitcoin. This decision follows a reported demand from Mojang, the creator of Minecraft and a subsidiary of Microsoft. In a Discord post made by Satlantis server founder David Dineno, it was revealed that Mojang had asked […]
Inscriptions frenzy causes congestion on the Bitcoin network
In recent years, Bitcoin’s network has frequently encountered congestion, causing transaction fees to surge and raising concerns in the crypto community. Currently, the network is facing another episode of congestion due to Ordinal Inscriptions, as noted by Bitcoin on-chain analyst Willy Woo. Woo stated that the mempool is now at the highest point in the […]
Crypto investment products outflows reached $9M last week, Europe inflows surpassed US
Crypto investment products offered by asset managers like CoinShares, Grayscale, 21Shares, Bitwise, and ProShares experienced a sixth consecutive week of outflows. Last week, these crypto funds saw a further decline, with a total of $9 million being withdrawn from them. While the outflows from crypto investment products did decrease significantly from the previous week’s figure […]
Deflationary Crypto Coins: How Their Value Increases by the Burning Mechanism
Cryptocurrency enthusiasts and investors worldwide are highlighting a fascinating trend – deflationary cryptocurrencies. These digital assets, governed by innovative tokenomics models, promise to increase in value over time, attracting seasoned traders and newcomers. To appreciate the allure of deflationary cryptocurrencies, it’s essential to grasp the economic principles of supply and demand. In contrast to traditional […]
Should You Invest In Top NFT Crypto Coins?
NFT Crypto Coins are unique digital assets in the cryptocurrency market. They stand out because each NFT is distinct, making it impossible to exchange one NFT for another at a one-to-one rate. Unlike traditional cryptocurrencies, NFTs cannot be used interchangeably, making them inseparable and irreplaceable. NFT coins are cryptocurrencies and are different from NFTs. NFT […]
Blockchain Association CEO discusses the slow pace of stablecoin regulation
The digital assets industry in the United States is facing an ongoing battle with regulatory uncertainty, leaving many stakeholders frustrated and concerned about the potential implications for innovation. Kristin Smith, CEO of the Blockchain Association, has been a vocal advocate for allowing innovation to flourish in the cryptocurrency space, arguing that excessive rules and regulations […]
Skybridge Capital CEO remains bullish about Bitcoin’s future
Anthony Scaramucci, the founder of Skybridge Capital, recently shared his optimistic outlook on the future of Bitcoin during a discussion at the Messari Mainnet conference in New York. In his fireside chat titled “Why I’m still bullish,” Scaramucci pointed out several factors that fuel his belief in Bitcoin’s long-term potential. Scaramucci began by emphasizing the […]
Crypto report shows strong optimism about growth in the future
Despite enduring the crypto winter, a notable number of asset managers, hedge funds, and investors are anticipating substantial growth in the digital assets sector over the next five years, according to a crypto report by Coalition Greenwich. The crypto report, conducted through interviews with 60 professionals, including portfolio managers, traders, analysts, researchers, and managing directors […]
Weekly Crypto Price Analysis: BTC, ETH, BNB, XRP, DOGE, And LTC
Following recent weekly lows, Bitcoin and prominent alternative cryptocurrencies are observing a slight retraction, suggesting that investors might be capitalizing on the decline. In a recent assembly on September 20, the Federal Reserve chose against elevating interest rates. However, a prolonged period of elevated rates might be on the horizon. Jerome Powell, the Fed’s Chair, […]
Empowerment Through Web3 Crypto Coins (Top Selection for Beyond 2023)
The phrase “Web 3.0” oftentimes made simply into “Web3”, refers to the next Internet. Emerging technologies like blockchain protocols, smart contracts, cryptocurrency, artificial intelligence, and machine learning are at the forefront. But how about Web3 crypto coins? How are they distinctive from the other coins? With plenty of room for growth, the global financial systems […]
JPMorgan reveals new update about Ethereum’s Shanghai upgrade
Ethereum, the world’s most prominent smart contract blockchain, recently underwent a substantial upgrade called Shanghai, aimed at ushering in a new era of efficiency and sustainability. This upgrade, implemented in April of this year, was anticipated to trigger a surge in network activity. However, a recent report by JPMorgan suggests that the results have not […]
POLY Price Prediction 2023-2032: Is Polymath a Good Investment?
POLY Price Prediction 2023-2032 Polymath makes simpler the legal procedure for producing and selling security tokens. This blockchain network establishes the ST20 as a new token standard and mandates governmental compliance. Token issuers may only keep ST20 tokens in a “list of allowed investors and their Ethereum wallet addresses.” As a result, they are not […]
Orchid Price Prediction 2023-2032: Is OXT a Good Investment?
Orchid Price Prediction 2023-2032 OXT is the unique Orchid cryptocurrency used for trading value on the Orchid network pay-per-use system. Orchid (OXT) is a coin that powers the unique Orchid – a decentralized protocol based on the Ethereum blockchain intended to function as a shared VPN. The Orchid Protocol regularly switches your VPN location. If […]
FCA issues warning to unregistered crypto firms on new promotions regime
The UK’s Financial Conduct Authority (FCA) has warned unregistered crypto firms sternly, highlighting their apparent lack of engagement with the impending financial promotions regime. The regulatory body expressed significant concerns, particularly regarding overseas crypto asset firms catering to UK customers who would prefer to interact with the FCA. The FCA revealed that, despite rigorous efforts, […]
What Stablecoins Are Top Picks for 2023?
Cryptocurrencies are usually identified by many features, such as blockchain technology, a decentralized network, and high market volatility. These digital assets are always on the move, generating high profits for investors as well as severe market losses in a matter of days. Stablecoins are a type of digital asset created to be immune to this […]
South Korea tightens grip on undeclared overseas crypto worth $99B
South Korea’s tax agency has reported that citizens and businesses in the country hold approximately 131 trillion won, or around $99 billion, in overseas crypto assets. This staggering figure accounts for 70% of all offshore assets disclosed by South Koreans this year. Moreover, the tax authority revealed that 1,432 individuals and entities are behind these […]
Ontology Price Prediction 2023-2032: Is ONT Rising?
Ontology Price Prediction 2023-2032 Where is Ontology now on our viewfinder? In 2023, a wallets such as @ONTOWallet is providing the gateway to all things Web3! With much enthusiasm and backup from the $ONT community, Ontology Price Prediction is bound to be bullish. Just for laughs, take a look: How much is ONT worth? Today’s Ontology […]
London High Court upholds ruling in favor of Craig Wright
In a recent development, the London High Court has upheld a previous ruling that demands the operators of Bitcoin.org, including the pseudonymous figure known as Cøbra, to reveal their identities. This decision comes as a response to legal fees imposed by self-proclaimed Bitcoin inventor Craig Wright. The legal dispute traces back to April 2021 when […]
Bitbuy partners with Localcoin ATM to push crypto adoption in Canada
Canadian fintech corporation WonderFi, with backing from billionaire Kevin O’Leary, has unveiled a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM. This significant collaboration, announced on September 18, aims to strengthen Localcoin’s cryptocurrency ATM network across Canada by integrating Bitbuy’s exchange platform, known for its deep liquidity. Bitbuy will leverage Localcoin’s ATM to […]
PayPal releases PYUSD report amid stablecoin market decline
In a recent transparency report, PayPal’s newly unveiled stablecoin, PYUSD, showed promise for global payments but indicated a long road ahead for its adoption. Despite its entry into a market filled with competitors facing their issues, PYUSD’s initial performance suggests it has a significant distance to cover. Paxos Trust, the company responsible for issuing PayPal’s […]
Kin Price Prediction 2023-2031: Is KIN a Good Investment?
KIN Price Predictions 2023-2031 What’s up with KIN? You need to get your sKIN to be in the game and pay close watch with this Kin Price Prediction as your guide. How much is KIN worth? Today’s KIN price is $0.0000113, with a 24-hour trading volume of $409,993. KIN is down 11.52% in the last […]
OMG Price Prediction 2023-2032: Can OMG spike soon?
OMG Price Predictions 2023-2032 Unique crypto projects have been created to solve different real-world problems, and their underlying blockchain technologies show great promise. However, the mass adoption of these projects has been slow due to a combination of technological immaturity and bad press. The OMG network is one project that is striving to change this […]
Animoca Brands reveals plan to launch its Bitcoin-based token
In a significant development within the crypto gaming and metaverse investment space, Animoca Brands, a prominent player in this arena, has revealed plans through its subsidiary, Darewise Entertainment (also known as Life Beyond Studios), to launch an innovative metaverse ecosystem token on the Bitcoin network using the Ordinals protocol. Darewise Entertainment, a subsidiary of Animoca […]
Weekly Crypto Price Analysis: BTC, ETH, BNB, XRP, ADA, DOGE, And SOL
Weekly crypto price analysis for 15th September 2023 reveals that most of the cryptocurrencies have been trading in mixed signals, with bullish and bearish trends visible in individual crypto coins. The top coins like Bitcoin, Ethereum, and XRP have been the most volatile in the past few days, with selling and buying activities occurring in […]
