Search
Crypto Prices Stabilize as SEC Approval of ETFs Ends Speculation and Reduces Volatility: Fineqia
23.1.2024
Bitcoin’s price has stabilized, closing the week at around $41,600, experiencing a marginal 0.4% decline compared to the previous week’s closing value of approximately $41,750. The reduced volatility can be attributed to the recent approval of ETFs by the SEC, putting an end...
BNB Smart Chain Sees 85% Decline in Losses to Security Incidents in 2023: Report
22.1.2024
A security report published today revealed losses incurred on BNB Smart Chain in 2023 reached over $161 million, compared to $1.1 billion in the previous year. The security report was published by AvengerDAO in collaboration with Hashdit, Certik, Ancilia, and Salus Security. Despite the decrease...
Weekly NFT Sales Dip — Ethereum Outshines Bitcoin, Solana and Avalanche Record Gains
20.1.2024
The latest statistics indicate a further decline in non-fungible token (NFT) sales this week, showing a 5.05% decrease compared to the previous week. Sales of NFTs reached $297 million, with Ethereum leading the way this week. Ethereum’s sales amounted to $106 million, overtaking...
Solana Mobile Chapter 2 Sells Out in 24 Hours – What’s Fueling The Excitement?
19.1.2024
Solana Mobile’s Chapter 2 phone preorder numbers have vastly exceeded those of their previous model Saga in its first year. Image by Solana Mobile. Solana Mobile’s recently announced Chapter 2 web3 phone has seen skyrocketing demand, with preorders selling out within the first day of...
A Comprehensive Guide to EchoLink: LBank’s Latest Launchpad Project
18.1.2024
PRESS RELEASE. LBank, a prominent global cryptocurrency trading platform, is thrilled to introduce EchoLink, its newest Launchpad initiative. Following the success of three previous Launchpad projects featuring $PINs, $UMM, and $AIMEME, EchoLink is poised to revolutionize the landscape...
Top 10 Crypto Exchanges Saw $34.26 Trillion Trading Volume in 2023, Binance Maintained Top Rank: Report
17.1.2024
The combined trading volume of the top 10 crypto exchanges in 2023 reached a staggering $34.26 trillion, a 16% decline from the previous year, cryptocurrency rating and research firm TokenInsight revealed in a report today. Binance Retained Top Rank Despite Lawsuits Binance, one of the leading...
Study: Venture Capital Investments in Top Ten Web3 Projects Were 70% Lower in 2023
16.1.2024
In 2023, the top ten Web3 projects collectively raised $1.78 billion in funding, a figure which is 70% lower than the $5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were able to attract $9 billion in capital with...
LBank Announces Fourth Launchpad, Featuring EchoLink
15.1.2024
PRESS RELEASE. LBank, a leader of global crypto exchange, announced the launch of its fourth Launchpad on January 26, 2024, featuring the project EchoLink. This announcement has garnered widespread market attention, following the significant success of LBank’s previous Launchpad projects...
3 Best Cryptos To Include in a Balanced Portfolio in 2024
14.1.2024
As we step into 2024, the dynamic world of cryptocurrencies continues to captivate investors worldwide. Amongst a plethora of options, three stand out for their remarkable performance in the previous year: Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Bitcoin, a pioneering force in the crypto...
$311 Million in NFT Sales Amidst Fluctuating Blockchain and Collection Performances
13.1.2024
In the last week, the non-fungible token (NFT) market experienced unremarkable sales, totaling $311.31 million. This figure represents a slight uptick of just 0.05% from the previous week. Despite this, Bitcoin NFT sales have consistently outperformed other blockchain networks since November 2023....
Skybridge Capital’s Anthony Scaramucci States Biden’s Anti Crypto Policies Will Cost Him the Election
11.1.2024
Anthony Scaramucci, founder of Skybridge Capital, a private global investment firm, believes that the anti-crypto policies brought by the Biden administration might affect the outcome of the upcoming elections. He states that 52 million Americans, representing 20% of the voting population...
Fee War Intensifies: Bitcoin ETF Issuers Submit Updates Lowering Rates
10.1.2024
Source: Adobe / 24K-Production The spot Bitcoin exchange-traded fund (ETF) competition is heating up as major issuers including Fidelity submitted revisions to lower their fees. According to Bloomberg Intelligence ETF analyst James Seyffart, Fidelity lowered their fees to 0.25% from the previous...
‘Extreme Greed’ — Bitcoin’s Price Rise Leads to Highest Fear and Greed Index Level Since 2021
9.1.2024
Hovering just below the $47K mark, bitcoin’s price rise has coincided with the Crypto Fear and Greed Index (CFGI) reaching a notable 76 on Jan. 9, 2024. This signals a phase of “extreme greed,” a sentiment intensity not witnessed since the cryptocurrency’s previous bull...
Blockchain Association Addresses Sen. Warren’s Criticism of Crypto Hires
9.1.2024
Source: Pixabay The Blockchain Association has published a public response to Senator Elizabeth Warren’s criticism of the crypto industry’s hiring of former government officials. In an open letter published on January 9th, Blockchain Association CEO Kristin Smith addressed Sen. Warren’s previous...
Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs
6.1.2024
During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $100 threshold on Saturday, Jan. 6, 2024. 2024 Brings Chill...
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
5.1.2024
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion, concluding the month with $135.86 billion in finalized...
Marathon Digital Mines Record 1,853 BTC in December, up 56% from November
5.1.2024
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Marathon Digital has set a new production record by mining the highest amount of Bitcoin in a single month. In a press release on January 4, the Florida-based firm announced that it successfully mined 1,853 Bitcoin during December...
Wallet Drainers Make Off with $295 Million from 320,000 Users in 2023: Scam Sniffer
3.1.2024
Source: AdobeStock / Tomasz Bidermann Popular crypto phishing scams drained almost $300 million from 320,000 users in 2023 with figures increasing monthly as bad actors deploy sophisticated techniques. In a recent publication, cryptocurrency security firm, Scam Sniffers analyzed the market trends...
December Ranks Fifth Highest Month in Crypto Scams With Over $100 Million Drained
2.1.2024
Source: Pixabay / Pete Linforth Blockchain security firm CertiK says that over $116 million was lost in December to cryptocurrency scams with exploits, exits scams and flash loan attacks recording highest figures. The firm posted the industry hack data for the previous on X (formerly Twitter)...
Bitcoin Sets New Daily Record with Over 731,000 Transactions
2.1.2024
Source: DALL·E Bitcoin has achieved a significant milestone on New Year’s Eve, setting a new record in its network’s history with over 731,000 transactions processed in a single day. The leap from the previous record set on Christmas Eve 2023, where the network saw 723,459 transactions...