Bitcoin is experiencing a tremendous resurgence, having recently reached new all-time highs just shy of $108,000. This remarkable price movement signals a renewed phase of price discovery for the world’s leading cryptocurrency. After a week characterized by volatility, where Bitcoin briefly dipped to $94,400, the bulls have rallied to push the price higher. This upward
Crypto
In the world of cryptocurrency, the significance of exchange listings cannot be overstated. They often serve as a catalyst for price surges, particularly for lesser-known tokens, and this trend has been vividly illustrated with the recent listing of MOCA Network (MOCA) on South Korean exchange Upbit. Such exchanges wield immense influence over market dynamics, and
In the ever-evolving landscape of cryptocurrency, meme coins have carved out an unexpected niche, drawing in both casual investors and seasoned traders alike. Recently, notable transactions involving these digital assets have highlighted the astonishing profits some investors are realizing. One particularly striking case involved a PEPE whale—a term used in crypto to describe an investor
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
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
