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Trading volumes for NFTs reach a four-month high
15.11.2023
In September, a number of prominent news organizations declared non-fungible tokens (NFTs) to be devoid of value. The trading volume of NFTs has increased dramatically, culminating in a four-month high on November 10. Many popular collections posted gained double-digit percentages compared to...
Mediation to begin in FTX, BlockFi Case, Judge Rules
14.11.2023
In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement. BlockFi’s forced bankruptcy FTX founder, Sam Bankman-Fried, was found...
Crypto Mining Profitability Soars as Miners Rake In Record $32 Million in Revenue in One Month
14.11.2023
Image Source: Pixabay The crypto mining industry is experiencing a surge in profitability, with miners earning a record $32 million in revenue in the past month. The hashrate, a measure of the computational power needed to mine a coin, has reached an all-time high, indicating that miners are using...
PlayStation Exclusive Rollerdrome Hits Xbox Game Pass This Month
14.11.2023
After dropping a handful of stellar games earlier this month, Microsoft is filling out the weeks surrounding the Thanksgiving holiday with more games you can download if you’re subscribed to Xbox Game Pass, including a former PlayStation exclusive.Read more
Circle to Enable Cross-Chain USDC Transfers With Cosmos's Noble Later This Month
14.11.2023
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism
Solana Price Prediction as Grayscale’s SOL Trust Trades at Nearly 1,000% Premium – Can SOL Reach $1,000?
14.11.2023
The Solana price has dropped by 6% in the past 24 hours, falling to $54.43 on a day when the cryptocurrency market as a whole slips by 1.5%. However, SOL remains up by an impressive 32% in a week and 147% in a month, with today’s losses mostly being about profit-taking from some holders....
Tether Issued 4B USDT on Tron and Ethereum Networks: Report
13.11.2023
Source: Adobe/Alvaro Major stablecoin issuer Tether has significantly increased its issuance of new USDT assets, reaching a total of $4 billion in the past month. Whale Alert, sharing this information on its Telegram channel, disclosed that Tether had minted an additional $1 billion worth of USDT...
Crypto Exchange Bitget to Cease Operations in Hong Kong – What’s Going On?
13.11.2023
Source: AdobeStock / Rafael Henrique Digital asset exchange Bitget has announced its planned exit from the Hong Kong market on December 13, 2023, citing certain business concerns. In a Nov 13 press release, the company revealed its plans to exit the Hong Kong market within a month as its local...
Former FTX Executives Collaborate on New Dubai-Based Crypto Exchange – Here’s the Latest
13.11.2023
Image Source: Pixabay A group of former FTX executives have joined forces to establish a new crypto trading platform based in Dubai. Led by Can Sun, the former general counsel of FTX, the startup is called Trek Labs and received a license from Dubai’s crypto regulator last month, according...
Spot Bitcoin ETF Approval Could Come ‘This Week’ – Nate Geraci
13.11.2023
Source: AobeStock/24K-Production President of advisory firm The ETF Store, Nate Geraci, thinks that the long-awaited approval for a spot Bitcoin ETF could get approval from the SEC this week. Bitcoin has experienced an impressive 40% surge over the past month fueled by heightened anticipation...
‘Suspected Crypto Fraudster’ Joined South Korean President’s State Visit to Saudi
13.11.2023
Source: Maksym Kapliuk/Adobe A suspected crypto fraudster accompanied South Korean President Yoon Seok-yeol on a state visit to Saudi Arabia last month. Per iNews24, media outlets in the country have discovered that the head of an unnamed crypto firm made up part of an “economic delegation” that...
Bitcoin Price Prediction as BTC Experiences a Pullback to $37,000 – Time to Buy the Dip?
12.11.2023
Bitcoin (BTC) Chart / Source: TradingView After briefly dipping below the $37,000 level late on Saturday, the price of Bitcoin (BTC) has recovered back into the low $37,000s, where it continues to trade around 2% lower versus the 18-month highs it hit earlier in the week near $38,000. Despite...
Gamefi Tokens’ Valuation Swells by $4.5 Billion, Eclipsing AI Crypto Sector’s Growth
11.11.2023
Over the last month, the crypto market has seen appreciable gains, reaching a valuation of $1.4 trillion. Certain areas, however, have registered more pronounced increases against the U.S. dollar. Data reveals that the top gaming tokens from the game finance (gamefi) sector have experienced...
Tether Achieves Lifetime High With $86.51B Valuation; Tron Version Surpasses ETH in Several Metrics
10.11.2023
This week, the leading stablecoin by market capitalization attained a valuation of $86.51 billion, following a supply surge of 3.6% in the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain is home to 40.02 billion tethers, with...
Pepe Coin Price Prediction as 115% Three-Week Surge Signals Bullish Momentum – Time to Buy?
10.11.2023
The Pepe Coin price has dropped by 1% in the past 24 hours, slipping to $0.00000128 as the cryptocurrency market as a whole enjoys a 2% increase today. Despite this fall, PEPE is now up by 25% in a week and by close to 115% in the last month, with the meme token making a […]
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Ethereum price hits 6-month high amid BlackRock spot ETF buzz, but where’s the retail demand?
10.11.2023
ETH price finally polevaulted the $2,000 resistance, but will retail demand and network use support the current bullish momentum?
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
9.11.2023
Bitcoin hit an 18-month high near $38,000 before pulling back sharply
Bitcoin Hits 18-Month High as Market ‘Greed’ Takes Hold, Igniting Short Squeeze Frenzy
9.11.2023
The Crypto Fear and Greed Index (CFGI) currently reveals a mood of “greed” within the cryptocurrency market, scoring a 69 out of 100. As of November 9, 2023, at 5:20 a.m. Eastern Time, the price of bitcoin peaked above $37K — a peak not observed since the first week of...
Bitcoin ETF launch could be delayed more than a month after SEC approval
9.11.2023
A total of 12 asset managers have filed for a spot Bitcoin ETF with the U.S. SEC, with the first window for approval from the SEC opening on Nov. 8
Arbitrum DAO Considers $24 Million “Backfund” for Projects Overlooked in Grant Selection
8.11.2023
Source: Pixabay The Arbitrum DAO is debating a proposal that would inject 21.4 million ARB tokens ($24 million) into previously approved projects that failed to reach the 50 million ARB total funding cut-off during the first round of grants for its Short-Term Incentive Program (STIP) last month....