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Regulatory Landscape Shifts As Crypto ETFs Gain Traction
Decentralized finance continues to grow as the energy-efficient, high-speed blockchain Solana is gaining new users. The Solana DLT network has seen rapid growth, mostly due to its high level of security and fast transaction speed at a negligible cost. The above headline of Forbes is definitely timely and captures the mushrooming interest in NFTs these […]
Ethereum Poised For Bull Run As Price Action Mirrors August Bottom
Ethereum, the world’s second-largest cryptocurrency,—by market capitalization—is all set to rise, and this is indicated by the fact that it looks highly similar to trends seen at the bottom of August 2024. On the other hand, Ethereum was traded at $2,677.21 on Tuesday, thereby heaping upon a 1.71% 24-hr leap. The technical analysts in the […]
Altcoins Surge As Bitcoin Approaches 100000 Mark
January of the week, that which was, saw the whole show, that was, of the currency market with double-digit growth for some of the altcoins and Bitcoin close to the $100,000 limit, which gained quite a broad rally. Helium (HNT) came in first place which was with 20% in the last 24 hours, and the […]
Bitcoin Surges Past 98000 as Crypto Market Recovers from Tariff Concerns
The cryptocurrency market was on the rebound on Tuesday, and Bitcoin was already above $98,000 after the weak weekend. This weekend downturn was caused by the new U.S. tariffs that investors were worried about. It was noted that the world’s largest cryptocurrency market capitalization was trading at $98,197 as of 9:30 AM UTC. This is […]
NFT Market Recovers With Growth In Gaming And Metaverse Projects
The NFT market is now gradually reviving from a long-time low as the trading volumes and user activity on most of the marketplaces are increasing. This revival can be attributed to the unbounded interest that has been elicited by gaming and metaverse projects within the NFT market. Currently, major decentralized derivative marketplace OpenSea recorded a […]
DeFi Protocols Hit New Milestones With Better Cross Chain Connections
Several DeFi protocols have experienced new highs this week as the total value locked (TVL) in DeFi applications crossed the $100 billion mark on multiple blockchains. This substaintial increase comes as cross-chain solutions are enhancing, providing efficient traveling of value and engaging with subjects across different blockchains. DeFi has seen growing popularity during the second […]
Ethereum Staking Reaches All Time High As Layer 2 Solutions Gain Traction
As for Ethereum, staking interest has soared high with figures indicating that the total Ethereum staked is over thirty million. The move is part of Ethereum’s development as it makes further changes since its merger to the proof-of-stake model in September 2022. From this point of view, the intensification of staking is considered a positive […]
Bitcoin Surges Past 70000 As Spot ETF Inflows Continue
Elsewhere, Bitcoin, which is the largest cryptocurrency, scaled above $70000 on Thursday, the highest level it has hit in over 4 months since November last year. The rally comes at a time when spot Bitcoin exchange-traded funds ETFs are receiving huge investments from retail and institutional investors. Based on CryptoQuant data, the newly launched spot […]
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 […]