Bitcoin has achieved an extraordinary milestone, climbing to an unprecedented peak of $106.5K. This surge, which occurred in the cryptocurrency’s 16-year existence, underscores both the volatile nature of digital currencies and the factors that influence their performance. In a matter of weeks, Bitcoin’s value almost doubled, marking a staggering increase of nearly 200% within just
Crypto
Mark Longo, widely known online as “Squirrel Dad,” has ignited a legal firestorm by filing a lawsuit against Binance, the prominent cryptocurrency exchange. Longo’s action stems from what he claims is the unauthorized exploitation of his intellectual property associated with his beloved pet squirrel, Peanut, affectionately rebranded as “P’Nut.” This case highlights pressing questions regarding
As the curtain falls on 2023, the cryptocurrency industry is buzzing with expectations for 2025. This past year brought notable advancements within the crypto space, particularly after the pivotal U.S. presidential election. The insights shared by on-chain analytics platform, Nansen, highlight the potential shifts in institutional market dynamics that could unfold in the coming years.
In the evolving landscape of decentralized finance, EigenLayer has positioned itself as a pioneering entity, particularly with its recent unveiling of the EigenLayer Improvement Proposal (ELIP-002). This proposal aims to significantly enhance accountability and operational efficiency within its ecosystem. With the introduction of innovative mechanisms such as slashing penalties, Unique Stake, and Operator Sets, EigenLayer
The Ronin blockchain, created by Sky Mavis, has shown impressive growth in the decentralized finance (DeFi) sector, with a notable 149% increase in total value locked (TVL) year-over-year, equating to $147 million in the third quarter of 2024. This surge is indicative of a larger trend within the blockchain ecosystem, including heightened adoption and greater
In a strategic move to bolster its financial standing, Chinese fabless integrated circuit design firm Nano Labs has successfully finalized a private placement, raising an impressive $36.25 million. This announcement marks a significant milestone for the company, as it reflects a proactive approach towards securing necessary capital to navigate the competitive landscape of the technology
In 2024, Robinhood Crypto, a subsidiary of the American digital financial services company, bid farewell to an eventful year brimming with accomplishments and challenges. The company recently published its annual report, showcasing extraordinary growth in new markets and diversification of services. Celebrating the one-year anniversary of its expansion into the European market, Robinhood Crypto recorded
As Bitcoin approaches the notorious $100,000 resistance level, enthusiasm within the cryptocurrency community is palpable. Investors watch closely, contemplating the potential for a breakout and a move into uncharted all-time high territory. The market dynamics indicate that a decisive shift might be on the horizon, signaling possible exciting days ahead for Bitcoin enthusiasts. The technical
In the ever-evolving world of cryptocurrency, endorsements from influential figures can spark dramatic changes in the market. The recent endorsement of the travel-focused blockchain platform Travala by Changpeng Zhao (CZ), the former CEO of Binance, serves as a prime example of this phenomenon. On December 12, Zhao’s mention of Travala in a post on X
Electric Capital’s 2024 Developer Report has signified a pivotal moment in the blockchain ecosystem, revealing that Solana has surpassed Ethereum for the first time in several years concerning new developer recruitment. Over the last 12 months, Solana has welcomed an impressive 7,625 new developers, clocking in an astonishing 83% increase compared to the previous year.