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Retik Finance (RETIK) Presale stage 2 sold out, more than $1.4 Million raised with ease
22.12.2023
Introduction Since the inception of the cryptocurrency market on May 22, 2010, marked by the purchase of two pizzas with 10,000 bitcoins in Florida, USA, the sector has seen remarkable growth. What began as a nascent market has ballooned into a colossal industry with an estimated value of around...
Supply of Stablecoins on Ethereum Protocol 30% Lower Than in 2022 — Study
21.12.2023
The supply of stablecoins on the Ethereum chain has dropped by more than 30% from the peak of $100 billion to $66 billion since 2022. The study data shows BUSD and USDC as the two stablecoins which caused the overall market value to fall from $139 billion to $129.5 billion. Tron Stablecoin Supply...
Stablecoin Dominance Hits Lowest Since December 2021 Despite Record Monthly Supply
21.12.2023
Source: AdobeStock The entire stablecoin market cap dominance fell to 8.07% in December, recording the lowest market share since December 2021, despite adding the largest monthly supply last month since February 2022. The total market capitalization of stablecoins rose 3.43% to $128 billion...
XCAD Network launches SocialFi app
20.12.2023
‘Influencers like Mr Beast & KSI Back project allowing Influencers to issue ‘private keys’ With some saying a ‘confirmed’ bull-market as Bitcoin crossed over $40,000 for the first time since last year, trends like Socialfi seem to continue to keep growing. Although some...
ARK Invest Sells Another $5.52M in Coinbase Shares as COIN Surges 107% Since November
20.12.2023
Source: Adobe / piter2121 Cathie Wood-led Ark Invest sold another 34,261 Coinbase shares worth $5.5 million on Tuesday as the price of the largest US-based crypto exchange’s shares topped $160, witnessing over 107% rise since early November. COIN is already up 5% in the pre-market today. Ark Invest...
Zcash Creator Zooko Wilcox to Step Down as CEO of Electric Coin
19.12.2023
  Zooko Wilcox, the creator of the privacy-oriented blockchain network Zcash, is stepping down as CEO of Electric Coin Co., the primary developer behind Zcash. Wilcox has served as the project’s leader since its creation in 2015. The decision was made by the Board of Directors, which...
XRP Price Prediction as XRP Spiles Up 3.3% to Breach $0.60 Resistance – Sign of a Strong Comeback?
19.12.2023
The XRP price has jumped by 3% today, rising to $0.608281 as fresh Bitcoin ETF approval rumors push the wider market towards a 4% gain in 24 hours. XRP’s current value represents a 2% loss in a week and a 1% fall in the last 30 days, although the altcoin remains up by 78% since […]
The...
Value of Stablecoins on Ethereum Sees 34% Decline, Tron Records 57.7% Growth since 2022
19.12.2023
Source: iQoncept / Adobe The value of stablecoins on Ethereum (ETH) has experienced a decline of 34% since 2022, while stablecoins on TRON (TRX) have seen a significant growth rate of 57.7% during the same period. According to a recent report from Sixdegree Lab, the supply of stablecoins...
Blockchain-Based Private Credit Surges 55% as Companies Seek Financing Amid Rising Interest Rates
18.12.2023
Image Source: Pixabay More companies are turning to blockchain-based private credit as they seek financing amid increasing interest rates, leading to a significant surge in this sector. According to RWA.xyz, a platform that tracks debt, active private loans through digital ledgers have risen...
FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration
17.12.2023
In the fortnight since Dec. 2, 2023, the stablecoin asset first digital usd (FDUSD) experienced a notable expansion, increasing its supply by 690 million coins. As of Dec. 17, 2023, this surge has elevated its market capitalization to a significant $1.61 billion. This period witnessed...
Complaints From Crypto Users Can Be ‘a Goldmine for Improvement’ Says Tom Blok
17.12.2023
The number of user complaints received by crypto and blockchain entities has been on a decline since August, the latest Complains.Biz data has shown. The data shows that in just 28 days, Complains.Biz’s sentiment meter detected a 29% decline in the number of complaints. According to company...
Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels
16.12.2023
In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total hashrate. This level of concentration in bitcoin mining pools...
Bitcoin Technical Analysis: BTC’s Consolidation Phase Signals Cautious Market Approach
15.12.2023
As of Dec. 15, 2023, bitcoin’s price dynamics present a compelling narrative, marked by a blend of bullish trends and nuanced fluctuations. Following the U.S. Federal Reserve meeting on Wednesday, BTC’s price improved but has been in a tight consolidated pattern ever since. Bitcoin...
Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval
14.12.2023
Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward...
Celestia Price Prediction as TIA Surges 13% – A New Market Favorite?
13.12.2023
TIA Chart / Source: TradingView The native token of the Celestia protocol TIA has continued its bullish run this week, with the token printing fresh record highs on Tuesday to the north of $13.1. TIA has jumped more than 40% since Monday’s lows in the mid-$8.0s on optimism about an announcement...
Meme Coin Rebel Satoshi Smashes Through Round 1 Presale in 10 Days
12.12.2023
PRESS RELEASE. Rebel Satoshi, the meme coin on a community-driven mission to unite the silent majority and secure a $100 million market cap, has smashed through its first two fundraising rounds and attracted $500,000 since November 5th. The Early Bird Round sold out in 3 weeks with Rebels Round...
Bitcoin’s Difficulty Drops for First Time Since September
12.12.2023
The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate...
Ether Supply Hits Lowest Level Since Shanghai Upgrade, Decreasing by Over 309,500 Coins
12.12.2023
Source: Adobe The supply of Ether has hit a new low since the historic Shanghai upgrade of the Ethereum (ETH) network, witnessing a decline of more than 309,500 coins since September last year. According to data from Ultra Sound Money, nearly 1.195 million ETH have been burned since the transition...
Dogecoin’s Network Activity Slump; Render and InQubeta Set Sights on a Significant Surge
12.12.2023
InQubeta (QUBE) and Render (RNDR) are two of the best altcoins to buy now as both are expected to enjoy substantial price growth in the coming months and years. InQubeta prices have grown 175% since its presale started, raising over $6.4 million in token sales. Investors buying tokens now still...
As LINDA Token Grows 8,000% Overnight, This Unknown Crypto Platform Surges Past $3.4 Million Milestone
11.12.2023
Source: Dall•E 3 The LINDA Token price has rocketed by as much as 8,000% overnight, with the new meme coin rising to a high of $0.00008577 after listing on Uniswap three days ago. Reportedly taking its name from ConsenSys founder Joe Lubin’s pet dog, LINDA has already fallen substantially...