Bookmarking Crypto Insights
Auto Added by WPeMatico
Over the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to other asset classes globally. However, seven out of the top ten gainers in the past year have been meme coins, with the crypto assets TRUMP, WIF, BOME, BONK, MOG, and TURBO leading the charge. … Read more
Pixelverse, a developing entertainment studio and game ecosystem, has secured $5.5 million in a private funding round led by prominent Web3 venture capital firms. The funds are intended to support the growth of Pixelverse’s gaming platform, which has seen significant user engagement since its launch. Pixelverse Secures $5.5 Million Pixelverse‘s recent funding round saw participation … Read more
Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University. Go to Source
The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of the adjusted circulating supply. This significant concentration of BTC holdings underscores the prominent role these entities play within the bitcoin ecosystem. Institutional Holdings: ETFs, Miners, Government, and Exchanges Control 4.23 Million Bitcoin According to Glassnode’s … Read more
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio of licenses, which now includes nearly 40 U.S. money transmitter licenses, a Major Payment … Read more
The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly $4 billion injected over the last 12 hours. Several meme tokens experienced substantial gains, with BENJI rising 36.9%, MAGA increasing 23.2%, and the runes-based DOG gaining 22.1%. Crypto Market Rises 3.24% as Meme Coins Drive … Read more
A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly secured the ninth-largest market capitalization among all U.S. dollar stablecoins. USDB Climbs the Ranks The decentralized finance … Read more
U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $121 million reduction. Spot Bitcoin ETFs Lose Ground Spot bitcoin ETFs have recorded two days of outflows so far as Tuesday’s trading sessions saw … Read more
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear that there was not a case … Read more
Masternodes enable investors to earn a steady passive income by contributing a vast amount of computing power to a blockchain network. Go to Source