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Ethereum Price Prediction as Dencun Upgrade Approaches in January – Can ETH Reach $4,000?
28.12.2023
Source: Pixabay The price of Ether (ETH), the cryptocurrency that powers the smart-contract-enabled layer-1 Ethereum blockchain protocol, has been pushing higher amid a favorable macro backdrop and as investors start looking ahead to the major upcoming “Dencun” upgrade that will add new data...
Japanese Crypto Newbies ‘Flock to Mercari, Rakuten Wallet’ – Survey
28.12.2023
Source: mehaniq41/Adobe First-time Japanese crypto investors are most likely to choose exchanges operated by Mercari and Rakuten, a new study has found. The survey was conducted by Mobile Marketing Data Labo, who asked 30,000 Japanese men and women aged between 20 and 69 about their crypto exchange...
Digital Asset Products Record $103 Million Inflows as Assets Under Management Maintains $52 Billion Position
28.12.2023
Source: Adobe / Luisa Cryptocurrency funds recorded $103 million inflows in the penultimate week of the year as institutional investors keep momentum toward a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). Recent data provided by CoinShares shows massive inflows...
Most Top Crypto Apps Track Users: Robinhood Most Data-Hungry, Binance Brings a Surprise
27.12.2023
Source: AdobeStock / tashatuvango Popular cybersecurity company Surfshark recently analyzed the 15 most popular crypto apps to find out how much data each collects. They found that nine of these use collected data to track their users. But it’s not just how much data is collected, but how it’s...
Solana’s Dex Platforms Eclipse Ethereum in Weekly Trade Volumes
27.12.2023
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282 billion recorded...
Bitcoin Mining Pool Ocean Successfully Mines Third Block in Ongoing Decentralization Quest
27.12.2023
Ocean succeeded in mining their third Bitcoin block, showing the decentralized mining pool’s capabilities. Image by Kerem Goktug Kaya, Adobe Stock. The decentralized Bitcoin mining pool Ocean reached a new milestone this week by successfully mining its third block ever. According to data from...
How Rejuve is Using AI and Blockchain to Improve Health and Longevity
27.12.2023
Source: rejuve.ai The company called Rejuve is using artificial intelligence (AI) and cryptocurrency to improve individuals’ health and longevity. According to the website, Rejuve is “harnessing the prowess of sophisticated AI” to create intricate, dynamic models of human bodily...
Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners
26.12.2023
Source: AdobeStock / Photocreo Bednarek The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin’s hashrate soared...
2023 Marks Bitcoin’s Spirited December Surge: A Glimpse Into Crypto’s Festive Frenzy
25.12.2023
On Nov. 26, Bitcoin.com News highlighted the crypto community’s anticipation and hope for a ‘Bitcoin Santa Claus rally’ to manifest this year. Following the data collected from Dec. 1 to Dec. 24, 2023, the recent increase of 15.93% against the U.S. dollar has been recorded...
Balancing Act: Cryptocurrency, Data Mining, and Sustainability – Navigating the Right Path
25.12.2023
Source: Adobe / Photocreo Bednarek Data mining plays a crucial role in the cryptocurrency space as it is integral in providing market analysis, risk management, and ensuring security and integrity of transactions is in place. Traders and investors use data mining techniques to analyze market trends...
XRP Price Prediction: Pushing Past $1 Billion in Trading Volume – What’s in Store for 2024?
25.12.2023
XRP, the native token of Ripple, has resumed its upward movement, rising by over 2% over the past day amidst a whopping $1.19 billion trading volume. The rally comes as the cryptocurrency has shown resilience and has been making headlines over the past year despite the legal challenges. According...
Verida to Transform Digital Privacy Through Partnerships and Technology: Interview with Chris Were
25.12.2023
Pixabay Decentralized digital identity provider, Verida has rolled out several products and features including its recent partnership with zkPass, a private data protocol to secure user identity while verifying their identities on websites. In an exclusive interview with Cryptonews, Chris Were...
Bitcoin Miner Stronghold Secures $15 Million Equity Raise Amidst Hashrate Curtailment Challenges
23.12.2023
In a recent disclosure, the publicly-listed bitcoin mining corporation Stronghold Digital Mining publicized its entry into a $15 million securities purchase agreement with an institutional investor. Furthermore, Stronghold elaborated that the firm’s Panther Creek Plant encountered unforeseen...
Insomniac Responds To Massive Hack Of Wolverine And Employee Data
22.12.2023
Insomniac Games has broken its silence on the recent ransomware attack that resulted in hackers releasing confidential studio information, personal employee data, and an entire playable build of the upcoming PlayStation 5 exclusive, Wolverine. “We’re both saddened and angered about the recent...
Exchange Bitcoin (BTC) Supply Back to 2017 Levels; Analysts Predict Upsurge for Injective (INJ) and RebelSatoshi (RBLZ)
22.12.2023
The cryptocurrency market is witnessing an intriguing pattern with Bitcoin (BTC), reminiscent of 2017 trends. On-chain data reveals a significant decline in BTC’s exchange supply, hitting levels last seen in 2017. This shift indicates a growing inclination among investors to hold onto their...
Big Rise in New Spanish Crypto Firms Recorded in 2023, Says Central Bank
22.12.2023
Source: bin/Adobe Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023. Per data released by the bank, as well as a report from Criptonoticias, the bank has recently given some 30 firms operating permits. The list of Bank of Spain-approved crypto...
Crypto Analysts are Building a Position in This AI Token – What Do They Know?
21.12.2023
Launchpad XYZ is running an AI token presale while building AI tools to empower crypto investors with data-driven insights. Image by ginstudio, Adobe Stock. With over 8,000 active cryptocurrencies crowding the market, it can be an overwhelming task for investors to identify promising projects with...
Ethereum Will Continue Losing Ground To Bitcoin: Glassnode
21.12.2023
Source: Pixabay / vjkombajn The price of Ethereum (ETH) has continuously lost ground to that of its older brother, Bitcoin (BTC), throughout the year – and on-chain data suggests it will continue to do so. As of Thursday, Bitcoin’s market cap dominance stood at 53.3%, versus Ethereum’s 16.7%. A...
Bitcoin Dominance Reaches 2-Year High, Exceeding 53%
21.12.2023
Source: Adobe / AMERO MEDIA Bitcoin’s share of the overall crypto market capitalization, known as the Bitcoin dominance, has reached a 2-year high at over 53%. According to data from TradingView, the Bitcoin (BTC) dominance has risen from 52% to over 53% over the past week, after having traded...
Supply of Stablecoins on Ethereum Protocol 30% Lower Than in 2022 — Study
21.12.2023
The supply of stablecoins on the Ethereum chain has dropped by more than 30% from the peak of $100 billion to $66 billion since 2022. The study data shows BUSD and USDC as the two stablecoins which caused the overall market value to fall from $139 billion to $129.5 billion. Tron Stablecoin Supply...