Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt of recent losses. Long-Term Bitcoin Holders Show Resilience, Averaging $138M in Daily Profits, Says Glassnode Glassnode‘s…
TL;DR Pi Network is advancing towards the deployment of the mainnet, with millions of users migrating, but the exact launch date is still unclear. Users must complete KYC by September 30, 2024, with further details expected in an upcoming talk show. What’s New? Pi Network is a crypto project that aims to enable users to…
Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement that led him to plead guilty by resuming an investigation into his domestic partner, Michelle Bond. Ryan Salame Challenges Guilty Plea, Claims Government Reneged on…
[PRESS RELEASE – Douglas, Isle of Man, August 23rd, 2024] Since its launch, Mahjong Meta has been dedicated to creating a competitive Mahjong esports platform, blending the charm of Mahjong culture with Web3 to serve gaming and Mahjong enthusiasts worldwide. During the test operations, the feedback and support from the Mahjong players and community have…
Douglas, Isle of Man, August 23rd, 2024, Chainwire Since its launch, Mahjong Meta has been dedicated to creating a competitive Mahjong esports platform, blending the charm of Mahjong culture with Web3 to serve gaming and Mahjong enthusiasts worldwide. During the test operations, the feedback and support from the Mahjong players and community have continually…
Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target while maintaining a strong labor market. Rate Cuts Possible as Powell Expresses Confidence…
It can be hard to find the next big thing in the crypto market, which moves at lightning speed. But every once in a while, a project comes along that has everyone talking. That project is DTX Exchange (DTX) right now—a presale token that’s gained attention as the potential next Tron (TRX) or Toncoin (TON).…
Memecoins, initially a niche in the digital asset world, have grown into a significant force within the blockchain and crypto markets. These tokens, often associated with cultural references and humor, present unique opportunities for substantial financial gains, drawing in traders and investors eager for high returns. As these tokens continue to evolve, their influence on…
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate bitcoin miners managed to snag some blocks…
Ethereum has been facing significant resistance at the $2.8K level, which marks the lower boundary of a multi-month wedge pattern. The price action suggests that it might be completing a pullback, potentially driving the price down toward the $2.1K threshold. Technical Analysis By Shayan The Daily Chart Ethereum has been grappling with the multi-month wedge’s…