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Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Value Locked in Defi Nears $50B With 34.40% Surge in 46 Days, Led by Top Protocols
3.12.2023
The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46 days ago, on October 18. Over this period, the TVL in defi...
Gold Nears Record High Amid Global Uncertainty, Surges to $2,071 an Ounce
3.12.2023
The price of an ounce of pure gold has approached its highest historical level this weekend, reaching $2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when during the Covid-19 pandemic, spot gold prices soared to an unprecedented high of $2,072.50 per ounce....
Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review
3.12.2023
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
3.12.2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only...
FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August
2.12.2023
Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023. Currently, the circulation of FDUSD tokens stands at...
GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround
2.12.2023
Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity Committee of the project undertook efforts to rectify this...
NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge
2.12.2023
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise...
3 out of 4 Web3 Games Launched Between 2018 and 2023 Now Inactive — Study
2.12.2023
Between 2018 and 2023, 2,127 out of 2,817 Web3 games launched have either failed or are now inactive, an analysis by Coingecko has shown. The failure rate was the highest in 2019 (94.3%) and 2020 (94.4%) while in 2021, 339 out of 738 games failed, translating to a failure rate of 45.9%. 2020...
Ripple’s CLO Says SEC Is Anything But Infallible — Advises ‘Don’t Be Intimidated When They Come Knocking’
2.12.2023
Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and beleaguered.” He advised investors not to be intimidated when having to deal with...
Game-Changer: BlackRock ETF Approval’s Impact on Cogwise’s AI Fuelled Crypto Revolution
1.12.2023
The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it can be difficult to make informed investment...
Microstrategy’s Bitcoin Stash Grows to 174,530 BTC With Latest Purchase
1.12.2023
Microstrategy has expanded its bitcoin holdings with the acquisition of 16,130 more bitcoins. With this latest purchase, the Nasdaq-listed software intelligence firm is now hoding 174,530 bitcoins, acquired for around $5.28 billion. Since adopting its bitcoin strategy, Microstrategy’s stock...
Rich Dad Poor Dad Author Robert Kiyosaki Recommends Buying Bitcoin ETFs
30.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has recommended buying bitcoin exchange-traded funds (ETFs). Warning that the global economy is slowing to a possible depression and the U.S. Treasury and Federal Reserve will print trillions in “fake dollars,” he urged investors: “Don’t...
Bondex: Changing the Recruitment Landscape for Users Benefits
29.11.2023
PRESS RELEASE. London, United Kingdom, 29th November, 2023. Bondex, the groundbreaking decentralized professional talent network, is proud to announce the launch of its innovative Job Portal, marking a paradigm shift in the recruitment landscape. In partnership with some of the biggest names in...
‘Stagnant’ BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc’s Revenues in Q3
29.11.2023
Canaan Inc, the crypto miner and mining rig producer, said the company’s overall revenue in Q3 stood at $33.3 million or some $40 million lower than the Q2 revenue. According to the company’s CEO, stagnant bitcoin prices and rate hikes by the U.S. Federal Reserve were some of the...
Shrapnel (SHRAP) Collaborates with LBank Exchange for Upcoming Trading Opportunities
29.11.2023
PRESS RELEASE. Road Town, BVI, November 29, 2023 – LBank Exchange, a global leader in digital asset trading, is set to enhance its platform by introducing Shrapnel (SHRAP), a pioneering blockchain-enabled first-person shooter game. This collaboration marks a significant milestone for both entities...
Animoca Brands Now the Largest Validator on TON Network
29.11.2023
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...
Robert Kiyosaki’s Advice: Get Into Bitcoin Now ‘Before It’s Too Late’
27.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to get into bitcoin and ditch fiat money now “before it’s too late,” reiterating that workers and savers in U.S. dollars are losers. Kiyosaki has made a number of bullish predictions about the price of bitcoin...
Hopeful Bitcoin Enthusiasts Anticipate a ‘Santa Claus Rally’ Echoing Past Holiday Season Surges
26.11.2023
As we near December, some bitcoin enthusiasts are buzzing with anticipation that a ‘Bitcoin Santa Claus rally’ might emerge this year, reminiscent of the surges in 2013 and 2017. This speculative notion suggests that bitcoin often performs exceptionally well during the December...
Bitcoin’s Mining Difficulty Hits Record High With Sixth Consecutive Rise
26.11.2023
On November 25, 2023, the Bitcoin network marked its sixth consecutive difficulty rise, reaching a new peak at block 818,496. The difficulty soared by 5.07%, setting a record high of 67.96 trillion, a level that will persist until the next adjustment on December 9, 2023. Bitcoin’s Difficulty...