• Arbitrum is a layer-2 scaling solution on Ethereum that has seen explosive growth recently, with daily fees generated reaching nearly $300,000. • This surge in usage has been accompanied by record highs in daily active users and unique addresses registered. • Arbitrum’s DeFi TVL has risen to around $3 billion and its market share […]
• XRP price has fallen by 3% in the last 24 hours, dropping to $0.387535 • SEC’s lawsuit against Terraform Labs and its CEO Do Kwon yesterday is partly responsible for today’s marketwide fall • Ripple’s case with the SEC could end by the first half of 2023 or by the end of year at […]
• Former head of the Hong Kong central bank, Norman Chan, said crypto will not destroy traditional finance. • He believes that cryptoassets like Bitcoin cannot become currencies as they have no intrinsic value and volatile prices. • Chan also discussed DeFi, stablecoins and NFTs, acknowledging their potential but warning against their volatility. Former Head […]
• The US Bureau of Labor Statistics reported a record 517,000 jobs added last month with an unemployment rate dropping to 3.4%. • This strong report caused yields across the US treasury curve and the US dollar to surge while Bitcoin initially fell. • Despite an intra-day recovery, Bitcoin could still head lower in the […]
• Avalanche’s cryptocurrency AVAX is up 100% since the start of 2023 and is currently trading at $21 per token. • Investors should consider investing in AVAX if they think the continued recovery in the cryptocurrency market’s appetite for risk has legs. • Crypto presales such as Meta Masters Guild (MEMAG) might offer 20x gains […]
• The Biden Administration has recently released a roadmap that calls for increased enforcement and regulation of the crypto sector. • The roadmap cites several major crypto sector failures in 2020, such as the implosion of Terra’s algorithmic stablecoin UST and the collapse of FTX, and highlights the risks posed by lack of applicable regulations, […]
• Berlin’s TV Tower was illuminated with a giant Bitcoin logo on Saturday • The project was organized by an unknown individual or group • Tilo Neumann shared videos of the logo projected on the tower and spoke briefly about the reason behind this project Berlin’s iconic Fernsehturm (or Television Tower) was illuminated with a […]
• The total crypto cap has risen by 1% in the past 24 hours, to $1.03 trillion. • Celo (CELO) is down by 5% today, but is still up 28% in the week and 32% in the month. • Celo recently rebranded itself and announced several new partnerships, including one with Web3 browser Opera. The […]
• Logan Paul has dropped his threat of a lawsuit against YouTube journalist Coffeezilla after being accused of running a crypto investment scam. • Coffeezilla had released a 3-part documentary series accusing Logan Paul of running a crypto scam with CryptoZoo, a game where users were supposed to earn NFTs. • Coffeezilla tweeted last weekend […]
• Gala Games (GALA) saw a 124% increase over the past four days, thanks to a partnership with actors Dwayne ‚The Rock‘ Johnson and Mark Wahlberg. • The partnership includes Gala Music and Gala Films as part of the Gala ecosystem, as well as potential future uses for the blockchain in the film industry. • […]