The recent uptick in PEPE’s value mirrors a guarded optimism in the market, spurred by emerging Ethereum ETF developments. Conversely, the Dogwifhat (WIF) token exhibits resilience, battling through tough market conditions with potential for a rebound. Yet, the spotlight is on BlockDAG, currently basking in the limelight for securing UFC champion Alex “Poatan” Pereira as…
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million. Stablecoin Economy Grows as Bitcoin and Ethereum Prices Rise Bitcoin and ethereum…
The cryptocurrency market continues to be a whirlwind of activity, with meme coins such as Pepecoin (PEPE) and Mpeppe (MPEPE) capturing the attention of traders and investors alike. Recently, Pepecoin (PEPE) has shown resilience by holding above the critical 200-day Exponential Moving Average (EMA), suggesting potential for further gains. Meanwhile, Mpeppe (MPEPE) is emerging as…
Bitwise Asset Management’s Chief Investment Officer has predicted that the introduction of Ethereum Exchange-Traded Products (ETPs) will drive ether (ETH) prices to new all-time highs above $5,000 by the end of the year. The CIO suggests that ETP flows could have a bigger impact on Ethereum than they did on Bitcoin. The Road to Ethereum’s…
Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike its predecessor, Plonky2, which was optimized for hardware and recursion, Plonky3 offers greater flexibility…
Identifying real winners in the crypto world for investment is a challenging pursuit that boils down to one key factor: delivering long-term value for investors. Hedera Hashgraph stands out for its robust security measures, yet its closed-source approach raises valid concerns. Meanwhile, Slothana distributes free coins but sacrifices decentralization, potentially leaving it vulnerable to security…
Following an impulsive surge driven by increased buying pressure near the crucial $0.43 support, XRP’s price has broken through multiple key resistance levels, including the 100 and 200-day moving averages. The market sentiment has shifted bullish, with buyers targeting the critical $0.65 threshold. XRP Price Analysis By Shayan The Daily Chart An in-depth examination of…
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest Drives Massive Growth in Crypto’s Over-the-Counter Industry The Finery Markets team analyzed data from two…
Dr. Craig S Wright – the man who claimed for years to be Satoshi Nakamoto – has formally admitted that he is not, in fact, Bitcoin’s creator. “Dr. Craig Steven Wright is not Satoshi Nakamoto,” wrote the computer scientist in a Wednesday tweet. Wright followed with a summary of the England and Wales High Court…
The crypto market is rallying back after the crash with GameFi coins reaping the rewards today as Immutable X and Gala both rise by over 10%. Capitalizing on a steady upward trend starting on the 5th of July, the GameFi space is ripe with investor interest as the daily trading volume hits $2.5 billion. Immutable…