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As of the first week of October, the overall development activity across various blockchain ecosystems provides valuable insights into long-term growth and innovation. Notably, Solana has continued to lead the charge, posting a +10.7% increase in GitHub activity. This uptick highlights the ongoing development and growing competitiveness within the ecosystem. Similarly, Arbitrum and Avalanche also … Read more
After a recent 10% correction, Bitcoin has rebounded, climbing back to the $63,000 mark as it attempts to reclaim the critical Short-Term Holder cost basis. This resurgence comes as the broader crypto market stabilizes following a period of volatility. Following a 10% price correction, the #Bitcoin market has rebounded back to the $63k level in … Read more
Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial … Read more
Over the last month, SUI has seen a remarkable rise, surging by 111% and going from $0.742 to $2, approaching its all-time high. This makes SUI one of the standout performers among the top 100 cryptocurrencies. SUI SOARS 111% IN A MONTH, HITS SIX-MONTH HIGH SUI has rocketed 111% in the past 30 days, climbing … Read more
Memecoins are experiencing a resurgence, riding the wave of Bitcoin’s recent rally. With many showing double-digit gains over the past 30 days, the meme coin market cap has surged to $54 billion, before settling at $49.9 billion. As Bitcoin crosses $65,000 and Q4 begins with positive momentum, bolstered by a Fed rate cut, market sentiment … Read more
Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like … Read more
As the NFT market continues to evolve, several standout collections on the Ethereum blockchain are making waves. Coingecko’s recent ranking by market cap highlights the top performers in this space. Here are the top 5 Ethereum-based NFT collections: 1. CryptoPunks Widely regarded as the original NFT collection, CryptoPunks was launched in 2017 with 9,000 out … Read more
Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about the stock market and broader efforts to stabilize the economy … Read more
Russian President Vladimir Putin has revealed plans for an independent payment system in collaboration with BRICS nations to secure foreign trade transactions. This move reflects a strategic shift aimed at increasing Russia’s and BRICS’s autonomy in global trade amid broader economic changes. Russia Announces Independent Payment System with BRICS for Foreign Trade During the Russian … Read more
Tether’s USDT has just reached an all-time high, with its market cap soaring to a staggering $119.14 billion. This milestone solidifies USDT’s position as the leading stablecoin in the cryptocurrency market, inching closer to the $120 billion mark. $USD Tether’s market cap has reached a new peak in market value, nearing $120 billion. Tether has … Read more
