Category: Latest news

[ad_1] Solana-based USD Coin (USDC) transaction volume surpassed that of USDT on the Tron blockchain, according to data from blockchain intelligence platform  Artemis. Data from the platform shows that Solana USDC transfer volume reached more than $60 billion on Jan. 1, while that of Tron USDT was around $34 billion. Stablecoins Transfer Volume (Source: Artemis)…

[ad_1] Cipher Mining and Stronghold Digital started the new year by announcing significant expansions in their Bitcoin mining capabilities, scaling up operations in response to changing market dynamics. These developments come as Bitcoin miners adapt to an evolving landscape where transaction fees, bolstered by new technologies like Inscriptions, are increasingly vital in revenue generation. Bitcoin…

[ad_1] Analyzing the momentum of new and active addresses is crucial for gauging market health and investor sentiment. Active address momentum, a measure of the number of unique Bitcoin addresses actively transacting on the network, indicates user engagement and network utilization. On Nov. 2, 2023, the monthly average of active addresses crossed above the yearly…

[ad_1] Matrixport co-founder Jihan Wu took to social media to address industry concerns regarding the company’s recent report predicting the rejection of spot Bitcoin ETF applications by the SEC. In his statement, Wu emphasized the independence of Matrixport’s analysts, stating that they operate without any influence or interference from management. He added that the analysts…

[ad_1] UniSat Wallet recently confirmed its alignment with the upcoming Ordinals Jubilee upgrade amid a broader discussion about the evolution and governance of the BRC-20 token standard, which operates on the Ordinals Protocol. UniSat Wallet, known for its role in the Ordinals marketplace, announced plans to adhere to the Ordinals Jubilee upgrade, ensuring that the…

[ad_1] Betting odds on Polymarket concerning the approval of pending spot Bitcoin exchange-traded funds (ETFs) briefly fell to 70% on Jan. 3. On whether a spot Bitcoin ETF will be approved by Jan. 15, Polymarket displayed a “yes” outcome as priced at $0.70 at 1:30 p.m. UTC on Jan. 3. Polymarket data and various other…

[ad_1] The recent episode of SlateAsia brought together prominent voices in the space to discuss the tumultuous start of 2024 for Bitcoin and the rising interest in Ordinals. The podcast featured Liam Wright, Senior Editor of CryptoSlate, Nate Whitehill, the CEO of CryptoSlate, and Jason Fang from Sora Ventures. Their conversation centered on the SEC’s…

[ad_1] Two leading spot Bitcoin exchange-trade fund (ETF) applicants could add Goldman Sachs in a key role, CoinDesk reported on Jan. 3. The crypto news site said that Grayscale and BlackRock could both add Goldman Sachs as an authorized participant. That role would see Goldman Sachs create and redeem shares for each spot Bitcoin ETF…

[ad_1] Ethereum Name Service’s native token ENS surged over 40% on Jan. 3 after Ethereum co-founder Vitalik Buterin spoke positively about the platform and said it was “super important” for the ETH ecosystem. As of press time, ENS was trading at approximately $13.94, up 40.38% over the last 24 hours. The token has a market…

[ad_1] Coinbase country head for Singapore Hassan Ahmed believes the approval of a spot Bitcoin exchange-traded funds (ETF) will be the catalyst for a “structural market change” for the flagship digital asset. Ahmed made the statement during an appearance on CNBC International on Jan. 2. He said: “[The ETFs] are as big a deal as…