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Global Regulators Agree On Crypto Framework
The proposed regulatory solution will unite global policymakers for the first time in recognizing that the future of the cryptocurrency industry depends on its regulation. Specifically, on Friday, October 18, 2024, the given announcement will contribute to developing clearer and more stable rules within the rapidly growing crypto-sphere. The new proposed rule-making process, which has […]
Solana Attracts New Projects as Ecosystem Grows
As for the activities of projects, Solana – a high-performance blockchain network – is actively attracting developers and projects that are more deeply entrenching themselves in the crypto-sphere. The SOL token of Solana, at the end of Friday of, 18th October 2024, was priced at $107.50 after a marginal daily drop of 0.8%, but its […]
Ethereum Holds Above 2600 Amid Increased Network Activity
Ethereum, currently the second largest cryptocurrency by market capitalization, was able to cling to the $2,600 on Friday, October 18, 2024. Even though ETH recorded a few volatile rounds in the market, it calmed down at the $50 EMA level. The cryptocurrency is now relatively stable despite some improvements in network utilization, which can be […]
Bitcoin Touches 68K As Meme Coins Rally
Different cryptocurrencies showed mixed results on Friday, October 18, 2024, with Bitcoin hitting $68,000 before pulling back slightly to around $67,700. The global crypto market capitalization got slightly to $2.33 trillion, and trade volumes were down over 6% at $75.89 billion. The largest cryptocurrency, bitcoin, received $ 470.48 million in inflows to Bitcoin ETFs as […]
DeFi Sector Shows Resilience Amid Market Turbulence
The DeFi industry is proving to be highly effective during the recent bearish market trend, as its fundamental performance parameters continue to remain stable, and increase even further amid the growth of the cryptocurrency market. It also demonstrates the continued development of DeFi solutions for refining the financial industry and introducing new equity options. A […]
Regulatory Changes Impact Cryptocurrency Market
As global authorities circle their wagons in attempts to regulate the fast-growing and emerging cryptocurrency market, the sector is on the precipice of a new round of crackdown. These changes in the approach toward regulating cryptocurrencies occur as the crypto market is actively blending into the world’s financial systems and prompting governments to transform their […]
Ethereum Network Upgrade Sparks Optimism Amid Market Volatility
Ether, the second largest cryptocurrency by market capitalisation, is attracting attention from investors and developers as it enters the final stage before a major upgrade to the network. While this year market situation hasnt been quite favorable thus leading to the ETH price swingIng around $2,400, the Ethereum community has excitedly anticipated the upcoming changes. […]
Bitcoin Hovers Near 60000 As Market Sentiment Remains Cautious
The world’s largest cryptocurrency – by market capitalization – is worth approximately $60k on Thursday as the market calms down following this week’s volatile run. The most popular cryptocurrency has declined by more than 7% over the course of the last week and has retreated from the new record-high near $65,000. Sore experts have estimated […]
NFT Market Shows Signs Of Recovery As New Use Cases Emerge
As the non fungible token (NFT) market finds itself at the tail end of predictions of its death, the technology has proven to be resilient and still has a lot left to offer. Both investors, creators, and tech enthusiasts, the NFT space is back in the spotlight, due to innovative use cases and better infrastructure. […]
Decentralized Finance Platforms Face Security Challenges As Adoption Grows
The growth in the decentralised finance (DeFi) is booming, with more adoption occurring than before; however, both the security concerns and the technical difficulties are increasing simultaneously. More and more users moving into the DeFi space in hopes of earning high yields and traditional means of finance are struggling to come up with a series […]