The cryptocurrency landscape is always evolving, and one of the latest developments catching the attention of the crypto community is the rapid growth of Mpeppe (MPEPE). This up-and-coming token is not just gaining traction on its own but is also attracting significant interest from Solana (SOL) investors, who are fueling its expansion. As more investors …
Continue reading “Mpeppe (MPEPE)’s Community Grows As Solana (SOL) Investors Flue Growth”
The cryptocurrency market is showing signs of a bullish trend, particularly for Internet Computer (ICP), which is eyeing a significant price milestone of $11. As the market anticipates this upward movement, savvy investors are already planning their next moves, with many deciding to reinvest their profits into Mpeppe (MPEPE), a promising new token that’s quickly …
New data unveils that BlackRock’s iShares Bitcoin (BTC) Trust (IBIT) has suffered outflows for just the second time since being launched in January. According to new information from London-based investment management firm Farside Investors, BlackRock – a firm with over $10 trillion in assets under its management – saw its BTC exchange-traded fund (ETF) weather …
Tech giant Meta is making efforts to prevent a “quantum apocalypse” that poses an impending threat to modern cybersecurity and encryption standards across industries — including the cryptography model used in blockchain technology. Meta engineers highlighted during the firm’s latest Metatech Podcast that the risks posed by quantum computing are significant enough to warrant immediate …
Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing law firm Reed Smith. Registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have plummeted by more than 50% in the past three years, …
Continue reading “UK’s ambitions for crypto hub status falter amid regulatory roadblocks”
The Ethereum Foundation Ecosystem Support Program (EFESP) allocated a total of roughly $8.5 million to support 98 projects, according to the foundation’s inaugural grants allocation report published on Aug. 30. Although the report breaks down the projects by type, recipient, and contact, it does not provide a detailed breakdown of how much each project received. …
Continue reading “Ethereum Foundation disburses $8.5M in grants for Q2, backing 98 projects”
Onchain Highlights DEFINITION: The total amount of fees paid to miners. Issued (minted) coins are not included. Bitcoin transaction fees have exhibited fluctuating patterns since the beginning of 2024, with notable spikes around significant events. The most prominent surge occurred in April, correlating with the Bitcoin halving event. This period saw transaction fees spike briefly …
Continue reading “Bitcoin network’s maturing phase reflected in post-halving fee stability”
Former President Donald Trump’s engagement with the crypto community is significantly bolstering his chances to win the 2024 presidential race, according to a Fairleigh Dickinson University (FDU) poll released on Aug. 30. The FDU poll indicated that Trump holds a notable lead among voters who own crypto or related assets, outpacing Vice President Kamala Harris …
Continue reading “Trump’s pro-Bitcoin stance helps secure 12-point lead over Harris, FDU poll finds”
Singapore has emerged as the global leader in crypto adoption due to its progressive regulatory approach toward the industry, according to the Henley Crypto Adoption Index 2024. The report, published by investment migration consultancy Henley & Partners, highlighted the city-state’s robust regulatory environment, innovation in financial technology, and widespread public adoption as key factors propelling …
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A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurrency purchases in Argentina involved stablecoins during Q1 and Q2, as these are used as a hedge against inflation and devaluation. Bitso: …
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On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with market expectations. During the day, gold hit a low of $2,495, but it later bounced back, crossing the …
Continue reading “PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses”
A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at 1.2% of total volume. Global …
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Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin Moves 800 Ether to Multisig Wallet, Sparks Social Media Interest On Aug. 30, 2024, the X account Lookonchain shared …
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Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a new direction for global payments infrastructure. Blockchain Gains Momentum in the Payments Industry as Binance Highlights …
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According to a United Nations report, Methane gas runoff is “80 times more harmful than CO2 for 20 years after it is released.”
