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Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
18.7.2023
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth...
July Sees Surge in Bitcoin NFT 'Ordinal' Inscriptions, Approaching 3.6 Million Monthly Mark
18.7.2023
Bitcoin Ordinal inscriptions volume has recorded a significant rise in July, with the month so far seeing nearly 3.6 million of them, pushing the total number to nearly 18 million.
According to Dune Analytics, following a somewhat calmer period in June, the inscriptions volume has jumped again...
Justbit: Why Many Players Win or Lose at the Casino and How RTP Works
17.7.2023
The surge in online gaming platforms has marked a transformative era in the casino industry, providing gaming enthusiasts with the opportunity to experience their favorite games from the comfort of their homes. Amidst this digital revolution, JustBit emerges as a distinctive platform that...
Ethereum Classic is on an uptrend; Tradecurve is set for another bullish price surge
17.7.2023
The cryptocurrency market is notoriously volatile, presenting risks and opportunities for investors. Recently, analysts noticed an uptrend in Ethereum Classic’s momentum while also focusing on Tradecurve, a rising presale star expected to surge in the upcoming week. These...
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
15.7.2023
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms. Data reveals that Lido Finance dominates...
XRP’s Rise Causes Ripple of Gains in Crypto Economy
14.7.2023
Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs...
Ripple CTO Issues Warning Against XRP Scams Amidst Surge in Price
14.7.2023
Ripple CTO David Schwartz has issued a warning regarding a new wave of scams targeting investors amid the recent court ruling in favor of Ripple Labs.
"A lot of scammers are taking advantage of the recent good news to try to cheat and steal," Schwartz said in a Friday tweet. "There are...
XRP Pushes Past BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
14.7.2023
XRP's knocked out BNB as the 4th largest crypto by market cap, after its value surged more than 60% after a partial victory against the SEC
SOL, MATIC, ADA Tokens Surge Following XRP Ruling
13.7.2023
Western Sanctions on Russia Demolish Global Trade System, Cause Inflation Surge, Says Russian Banker
13.7.2023
Russia’s second-largest bank’s chairman says by imposing sanctions on Russia, the West has “demolished the global trade system and caused an inflation surge.” Pointing to the U.S. banking crisis as an example, he stressed: “This is virtually the largest financial and banking crisis since 2008,...
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
Compound exploding, DigiToads unique approach to staking attracts DeFi investors
11.7.2023
It is the time of the NFT revolution. So, investors are embarking on a journey where they can earn while they indulge in their passion for collecting digital treasures. The Compound (COMP) cryptocurrency has experienced a significant surge in value, skyrocketing by an impressive 113% in just...
Bitcoin Falls Back Below $31K After Late Monday Surge
11.7.2023
The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers
9.7.2023
After the Covid-19 pandemic, many people believe the implementation of extensive stimulus measures and quantitative easing (QE) policies resulted in an overwhelming surge of inflation that has burdened millions across the globe. While certain individuals attribute this economic turmoil to...
Monero Maintains Stability Amid Crypto Market Volatility, Remains Top Privacy Token With $3B Market Cap
8.7.2023
In the last half-year, there has been a remarkable surge in the value of crypto assets such as bitcoin and ethereum. BTC has skyrocketed by 77%, while ETH has experienced an impressive 44% leap. On the other hand, the leading privacy-focused cryptocurrency, monero (XMR), has displayed a rather...
Anchorage Digital's Assets Under Custody Surge Amid Increased Demand for Safe Crypto Storage
6.7.2023
The San Francisco-based crypto bank Anchorage Digital has seen a surge in its business this year, as institutions seek safer ways to store their crypto, Bloomberg has reported.
In the first quarter of 2023, Anchorage Digital’s assets under custody rose 80% compared to the prior quarter, the report...
Bitcoin Mining Activity Sees Huge Surge in UAE – Here’s the Latest
6.7.2023
Bitcoin mining companies have been looking for a suitable region to call home ever since they were forced to leave China.
Many of them are now eyeing the United Arab Emirates as a potential location to set up shop in, as the country started emerging as the crypto mining hub in the Middle East....
Solana & Algorand woes pave the way for this revolutionary meme token to surge 5x
5.7.2023
The crypto market’s volatility has seen some tokens soar while others have been in decline. Solana and Algorand are examples of tokens that have traded downward amidst recent woes in their downtrends and weak bullish momentum. Consequently, Algorand (ALGO) and Solana (SOL) woes have paved...