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Base, Ethereum’s Layer 2 solution backed by Coinbase, has overtaken Arbitrum to become the largest Ethereum Layer 2 by Total Value Locked (TVL). This significant milestone underscores the growing influence of the Base ecosystem, which has been gaining traction thanks to the powerful support of Coinbase. Over 90% of Arbitrum holders, in contrast, remain out … Read more
Investor and trader sentiment around Solana ($SOL) has soared to a 9-month high, with a strong bullish outlook reflected across social media platforms. For every bearish post on X, Reddit, Telegram, 4Chan, and BitcoinTalk, there are 5.6 bullish ones, showcasing the renewed optimism around the #5 ranked cryptocurrency by market cap. 🤯 Updating our Solana … Read more
REEF has seen a dramatic turn of events, with the token’s value plummeting by 68% in the last 13 hours and a staggering 71% within just 24 hours. This sharp decline has left many questioning whether this is a case of insider profit-taking or simply a temporary market dip. Some speculate that major market manipulation … Read more
Bitcoin kicked off the week with a significant jump, rising 6.9% within just 8 hours. The surge was partly fueled by short liquidations and the influx of Tether and stablecoins moving onto exchanges, which spurred a buying frenzy. 📈 Bitcoin enjoyed a much needed boost to start the week, jumping +6.9% in an 8-hour span. … Read more
The Ethereum Foundation has continued its regular ETH sales, offloading another 100 ETH for 252,939 DAI just 30 minutes ago, taking advantage of today’s price rebound. This sale is part of a broader strategy by the Foundation, which has been consistently selling small portions of ETH weekly since early September. To date, they have sold … Read more
Kraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether on Kraken. Kraken Introduces ETH Restaking to Broaden Defi Access Kraken’s … Read more
Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.5 Million in Cryptocurrency Donations Trump’s campaign contributions came in via various cryptocurrencies, including bitcoin (BTC), … Read more
In a heated debate for the Massachusetts Senate seat, Elizabeth Warren and John Deaton clashed on the future of cryptocurrency, focusing on bitcoin’s role in banking and its regulation. The conversation highlighted stark contrasts in their views on financial stability and consumer protection. Warren vs. Deaton: Senate Candidates Clash Over Views on Crypto John Deaton, … Read more
On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $760 million, from its well-known wallets. At this time, it’s suspected that the funds have been relocated to … Read more
Bitget Wallet, a non-custodial crypto wallet, has now surpassed 40 million users, achieving more than 100% growth since March 2024. In September alone, the app was downloaded nearly 6 million times, making it the second most downloaded cryptocurrency application globally, just behind Binance. Bitget Wallet Gains 6M Downloads in September Sparked by TON Engagement As … Read more