The banking giant VanEck has made a bold prediction regarding the valuation of Ethereum Layer-2 (L2) solutions, estimating it to reach a staggering $1 trillion by the year 2030. This forecast underscores the significant role that efficiency improvements and scalability advancements will play in the evolution of blockchain technology. The prediction was spearheaded by Patrick
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The cryptocurrency market has recently experienced a period of correction, with Bitcoin (BTC) being one of the most impacted digital assets. BTC’s price has fallen by approximately 6% over the past week, currently trading at around $65,400 according to CoinGecko’s data. One potential reason for the increased volatility and decline in BTC’s value is profit-taking
Coachella, known for its iconic lineup and vibrant atmosphere, has introduced Coachella Quests as a way to revolutionize the festival experience. Coachella Quests is a loyalty game that utilizes blockchain technology to enhance fan engagement and loyalty through gamification and Web3 technology. Participants in Coachella Quests can earn NFT Stamps and Points by completing various
Lithuania is set to impose strict licensing requirements on crypto firms by 2025, a move that will significantly reduce the number of companies able to operate in the country. Central bank board member Simonas Krepsta stated that out of the 580 firms currently active in Lithuania, only a limited few will be able to obtain
The recent surge in popularity of meme coins has brought Wally the Whale token into the spotlight, with a staggering 44,510% increase in value in just 24 hours. This meteoric rise has captivated the attention of investors looking for the next big opportunity in the crypto market. As Wally the Whale continues to make waves,
The recent downturn in the Bitcoin price has sparked concern among investors, as the price dipped below $67,000. However, amidst this uncertainty, crypto analyst Michael van de Poppe has taken a different approach. He has encouraged the crypto community to see this as an opportunity to buy more Bitcoin at a lower price. In a
The recent legal challenges faced by KuCoin with US authorities have had a significant impact on user assets on the platform. The exchange’s latest proof-of-reserve certificate revealed a noticeable decline in user holdings, with Bitcoin decreasing by 25.4%, Ethereum by approximately 22%, and Tether’s USDT by about 22%. This decline is further supported by data
The recent analysis by industry analytics provider Glassnode reveals a significant shift in Bitcoin investor behavior as long-term holders begin distributing BTC to new investors at higher prices. This trend has led to an injection of new capital into the asset class, driving the realized cap to new heights. Despite the positive news of the
Cryptocurrency enthusiasts have been buzzing about Notcoin, a popular Telegram-based clicker game that has garnered a massive following. The upcoming token launch on The Open Network (TON) scheduled for April 20 has created even more excitement around this unique game token. Gameplay and Potential Growth Notcoin, also known as NOT, offers players a simple yet
March proved to be a groundbreaking month for the Bitcoin mining industry, with miners raking in over $2 billion for securing the leading cryptocurrency network. The data from Blockchain.com reveals that miners averaged a staggering $65.23 million per day over the course of 30 days, ending on March 31st. This figure far surpasses the previous
