Month: December 2024

Base Network Sees Transaction Surge, Revenue Soars Despite Decline In Success Rate

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The Base network is experiencing a notable surge in transaction activity, signaling growing demand but also introducing operational challenges. This heightened usage has caused the transaction success rate to drop from around 90% to approximately 70%, reflecting the strain on network resources. Despite these hurdles, the surge in activity has significantly boosted Base’s Layer 2 … Read more

Litecoin Breaks Weekly Resistance, Targets $150 Amid Bullish Momentum

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Litecoin ($LTC) has surged past its weekly resistance level as predicted, setting its sights on a target of $150. The cryptocurrency’s market cap has seen a $1 billion increase, climbing 15% to reach $119.64 billion. This breakout has significantly benefited Litecoin holders, with nearly 80% now in profit—the highest percentage since November 2021, when $LTC … Read more

XRP Hits $2.49, Reaches 6-Year High Amid Whale Accumulation And ETF Hopes

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XRP has surged to an impressive $2.49, marking its highest value since January 8, 2018. This nearly 7-year milestone comes on the back of significant whale activity, with wallets holding 1M–10M XRP accumulating 679.1 million tokens—worth approximately $1.66 billion—in just three weeks. Additionally, the total number of non-empty XRP wallets has surpassed 5.5 million for … Read more

Circle Commits to Updated Canadian Stablecoin Regulatory Requirements

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The updated rules were introduced last year and outline several requirements for crypto exchanges and stablecoin issuers. USDC Issuer Circle Claims It Was First to Comply With Canada’s Interim Listing Rules Stablecoin issuer Circle, whose flagship product USDC has a current market capitalization of roughly $40 billion, issued a formal undertaking on Wednesday to Canadian … Read more