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Crypto News

Cardano DeFi Hits A Two-Month High As The Price Of ADA Rises

In terms of total value locked, Cardano DeFi has surpassed a two-month high as the price of Cardano increases. According to DeFiLlama, the TVL locked across the Cardano ecosystem has increased 40% since the start of this year. The amount has now risen to $90 million, marking the biggest point since the start of November. The number is still minuscule in comparison to Ethereum or BNB Chain, but it has recently surpassed them in terms of growth.

BeInCrypto - 1329 ngày trước

14 Years Satoshi's Bitcoin Software Has An Unbelievable Revolutionary Effect

When Satoshi Nakamoto unveiled Bitcoin 0.1, the original version of the program that is now known as Bitcoin Core, he made history fourteen years ago. Since its creation 14 years ago, both large corporations and emerging technology companies have adopted this ground-breaking protocol globally, releasing goods that make use of tokenization, smart contracts, or other applications based upon blockchain, the technology that powers Bitcoin.

U.Today - 1329 ngày trước

Ethereum Developers Plans February For Public Testnet On Shanghai Upgrade

According to a recent core devs teleconference, the Ethereum network upgrade scheduled for Shanghai would only concentrate on ether (ETH) withdrawals. The Shanghai upgrade will enable validator staking withdrawals, which are currently not possible on the network. According to Christine Kim, a research scientist at Galaxy who was on the call, developers want to provide a public test network for the Shanghai upgrade by the end of February.

theblock - 1329 ngày trước

Arbitrum Nova Now Has Support From The Largest NFTs Marketplace, OpenSea

Arbitrum Nova is now supported by OpenSea, the largest marketplace for digital collectibles and non-fungible tokens (NFTs). Because OpenSea has integrated NFTs on this blockchain, users can utilize Nova as a cheaper alternative to Ethereum when purchasing or selling digital collectibles. Arbitrum Nova collections, according to OpenSea, will be combined with other Arbitrum collections on the OpenSea website.

theblock - 1329 ngày trước

Dogecoin (DOGE) Becomes 4th Most Popular Crypto on BitPay

In a screenshot from BitPay payment processor, Dogecoin supporter @Tdogewhisperer claims that DOGE is now the fourth most used cryptocurrency by users of the renowned crypto payments processor. DOGE is the fourth most popular cryptocurrency after Bitcoin Cash, Ethereum, and Bitcoin (BCH). Other well-known coins, such as XRP, LTC, and others, come lower. This BitPay list is closed by the SHIB meme token, which is the second-largest by market cap after Dogecoin.

U.Today - 1329 ngày trước

Thai SEC Opens Crypto Academy To Aid Investors In Digital Assets

The Securities and Exchange Commission (SEC) of Thailand stated that a Crypto Academy had been established to offer free online materials and courses on digital assets. The initiative's goal, according to the regulator, is to give the general public comprehensive knowledge of digital assets and blockchain technology before they invest. The regulator added that the more people understand their investments, the lower the risk will be.

Bitcoin News - 1330 ngày trước

Record-Setting Difficulty Rises As Bitcoin Hashrate Rises To All-Time High

The first week of the year has seen a spike in the computing power of Bitcoin as it surpassed its first record since 2023. As of January 7, statistics show that Bitcoin's hashrate has stabilized around 290 EH-s after hitting its all-time high the day before. The Nov. 12, 2022 record of about 347.16 EH-s, printed at block height 762,845, was surpassed by the record of 361.20EH-s at block height 770,709 that was set on January 6 by more than 4%.

Bitcoin News - 1330 ngày trước

McKinsey Analysis Reports That The Metaverse Might Produce $5 Trillion In Value By 2030

The hype around emerging cryptocurrency sub-ecosystems, including non fungible tokens (NFT's), was somewhat down by the 2022 bear market, but the Metaverse is still well-positioned for long-term disruption. According to a McKinsey & Company analysis, the metaverse has the potential to create up to $5 trillion in value by 2030, taking into account the numerous consumers and business-focused use cases it may support.

cointelegraph - 1330 ngày trước

Singapore Lobbyists Are Against The Planned Total Ban On Lending Cryptocurrency Tokens

The central bank's proposal to forbid crypto businesses from lending crypto tokens has drawn criticism from a Singapore-based lobbying organization for the cryptocurrency industry. Singapore's central bank, on October 26 suggested prohibiting providers of digital payment token services from providing customers with any credit facility, including both fiat currency and cryptocurrencies. The Blockchain Association of Singapore (BAS) thinks it might be too limiting, though.

cointelegraph - 1330 ngày trước

Unknown Crypto Whale Suddenly Transfers 3,373,256,285,484 Shiba Inu (SHIB) In A Huge Transaction

An unidentified wallet transferred more than 3.37 trillion SHIB worth $28.7 million to another unknown wallet as the network looks to soon undergo a layer-2 upgrade, according to blockchain tracker and whale-surveying platform Whale Alert. A gas fee of 0.00179 ETH, or $2.46, was charged for the transaction. According to Etherscan data, the sending wallet currently has a zero SHIB balance while the receiving wallet is holding the entire amount transmitted.

The Daily Hodl - 1330 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1076 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1076 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1076 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1076 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1077 ngày trước