The surge in the total assets under custodial accounts within the crypto market has been nothing short of remarkable. Over the past four months, these accounts have seen a staggering 250% increase, fueled in part by the growing anticipation of a bull run and the integration of cryptocurrencies into daily life. In addition, macroeconomic conditions
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Cardano (ADA) has recently experienced a significant uptick in trading activity, with a surge of over 7% on Thursday, reaching a trading price of $0.53. This surge comes after a period of volatile price action in January. Now, analysts and users on social media are discussing the various factors that could potentially shape ADA’s trajectory
With the Lunar New Year fast approaching, the world is abuzz with anticipation and excitement. As we enter the Year of the Wood Dragon, people across the globe are preparing for celebrations, reuniting with loved ones, and embracing the prospect of new beginnings. However, this Lunar New Year holds an extraordinary allure, thanks to the
Bitcoin has made an impressive leap, surpassing the $46,000 mark on February 9th. This significant milestone came after the cryptocurrency encountered a strong resistance level at $44,000. The resistance had hindered price increases since the introduction of spot Bitcoin ETFs in the United States about four weeks prior. However, with the onset of East Asia’s
Bitcoin (BTC) has recently hit a major milestone, surpassing $46,000 for the first time since spot ETFs were introduced on January 11. This significant increase of 3.4% in a single day and a 6% increase over the previous week has sparked renewed interest in the cryptocurrency. Despite a rocky start to Bitcoin’s 2024, marked by
Binance, one of the world’s leading cryptocurrency exchanges, is gearing up to launch a new staking campaign through its Launchpool feature. This time, participants will have the opportunity to earn up to 350 million PIXEL tokens. PIXEL is the native token of Pixels, a popular crypto game that operates on the Ronin network. With the
Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently made headlines with the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization. Fortune Magazine reported that Prometheum’s strategy is to compel regulators, particularly the Securities and Exchange Commission
Sky Mavis, the creator of Axie Infinity, has recently announced an exciting collaboration with GMonsters and mobile game publisher MIXI, which will bring titles from MIXI’s Fight League franchise to the Ronin blockchain. The Ronin blockchain, specifically designed for games, has gained popularity and attracted third-party games like Pixels, The Machines Arena, and Zoids Wild
Despite the underperformance of the Ethereum (ETH) price over the past year, there has been a significant uptick in Ethereum staking. The emergence of liquid staking protocols like Lido Finance has played a key role in driving the surge of ETH being staked. As a result of this growing interest, the total percentage of ETH
Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently shared his insights on the future price of Bitcoin and Cardano. Dunleavy believes that Bitcoin will hit $100,000 in the near future. In an interview with Scott Melker, he attributed this prediction to the Bitcoin Halving event. According to Dunleavy, historical data shows
