The cryptocurrency market faced turbulence recently, with Tezos (XTZ) experiencing a sharp decline in its value, largely influenced by Bitcoin’s downturn. After hitting a recent high of $1.59, marking an impressive 81% gain over 30 days, XTZ’s momentum was halted by broader market challenges. However, recovery signs suggest XTZ may ... Read more
A long-dormant Ethereum whale became active and began liquidating its holdings, raising eyebrows among market watchers. This holder, identified by a blockchain analytics firm, Lookonchain, amassed a significant fortune in 2016. Data showed that this whale accumulated a whopping 398,889 ETH at an average price of approximately $6 per ETH. ... Read more
North America will remain the leading region of the global cryptocurrency market, with $1.3 trillion on-chain value expected to be processed within the period from July 2023 to June 2024. According to a recent report, this makes up to about 22.5% of global crypto activity. Source: Image by Chainalysis The ... Read more
SEI has been making headlines lately as it experiences a notable uptrend, with its value surging by nearly 35% over the past week. This impressive rally suggests strong bullish momentum as the market looks toward the next significant upward movement. As of now, the price of the token stands at ... Read more
Recently, Coinbase has facilitated its first-ever crypto transaction conducted entirely by an AI bot. This milestone marks a significant advancement in the intersection of artificial intelligence and blockchain technology. According to Brian Armstrong, Co-founder and CEO of Coinbase, the transaction took place within their development environment, showcasing the innovative potential ... Read more
Solana ETF hopes were dashed after the U.S. SEC held a closed-door meeting with ETF issuers about whether the token might be classified as a security. Following discussions, CBOE decided not to submit the relevant 19b-4 form to avoid initiating the approval process. While VanEck’s S-1 registration statement for the ... Read more
IntoTheBlock, an analytical platform, revealed in a recent X post that Cardano has demonstrated extreme stability in terms of addresses’ number and balance that hovers around 4.45 million for the year. This is despite other problems the network has had in attracting new users due to increasing focus amongst crypto ... Read more
El Salvador has secured a massive $1.6 billion investment to overhaul the nation’s port infrastructure and amplify Bitcoin’s adoption. The country recently announced the private investment by Yilport Holding that will be used to modernize the existing port at Acajutla and construct a new one at La Unión. This is ... Read more
