In its recent end-of-year report, Robinhood Crypto has unveiled significant strides made throughout 2024, underscoring a remarkable period of growth in both the American and European markets. Marking the anniversary of its European market entry, the report highlights an impressive notional trading volume of $119 billion and $38 billion in crypto assets under custody as
Crypto
The cryptocurrency landscape has been electrified by Bitcoin’s approaching attempt to breach the pivotal $100,000 mark. This moment heralds not only a significant psychological barrier but also serves as a potential launchpad for unprecedented price escalations. As evident from recent charts, Bitcoin has established a series of higher highs and lower lows after experiencing a
The cryptocurrency market is often swayed by endorsements and public statements from influential figures in the industry, which can dramatically affect the value of specific coins and tokens. A recent case in point is the substantial price increase of Travala’s AVA token, which recently surged by over 300% within a mere 24-hour timeframe. This remarkable
In a noteworthy development for the cryptocurrency landscape, Bitwise CEO Hunter Horsley has announced that a yet-to-be-named Spanish bank has committed 2% of its investment holdings to the Bitwise Aptos staking exchange-traded product (ETP). This strategic move underscores a pivotal moment in the integration of cryptocurrencies within traditional financial systems. As the demand for innovative
In a groundbreaking revelation from Electric Capital’s 2024 Developer Report, Solana has emerged as the frontrunner in attracting new developers for the first time since 2016, overtaking Ethereum. This shift marks a significant milestone for the Solana ecosystem, which welcomed an astonishing 7,625 developers over the past year—a staggering 83% increase compared to the previous
Chainlink (LINK) has recently captured the attention of the cryptocurrency market, breaking through the $29 threshold for the first time in over three years. This resurgence is marked by a substantial 21% increase in value over the past week alone, positioning LINK among the top-performing altcoins during this period. The driving force behind this impressive
In a significant move for Ethereum’s ecosystem, the Eigen Foundation has unveiled a commitment to designate 1% of its EIGEN token supply to the Protocol Guild. This initiative underscores the Foundation’s dedication to fostering Ethereum Layer 1 research and development (R&D). The Protocol Guild, comprising a network of over 180 contributors from 29 different teams,
In the ever-evolving landscape of cryptocurrency, Ethereum has recently consolidated its dominance over Tether’s USDT issuance, eclipsing Tron in a significant shift concerning stablecoin supremacy. Tether, the issuer of the popular stablecoin USDT, has made headlines by minting a staggering $20 billion in USDT on the Ethereum blockchain in just a month. This development highlights
Ethereum, the second-largest cryptocurrency by market capitalization, is at a decisive moment in its trading journey, teetering between the crucial $3,500 and $4,000 thresholds. Despite recent fluctuations, the altcoin has found robust support at the lower end of this range, signaling a possible resurgence for bullish investors. With the bulls gearing up for another assault
The decentralized finance (DeFi) arena continues to evolve with innovative projects that aim to reshape traditional financial frameworks. A significant player in this space is World Liberty Financial (WLFI), which has recently made waves by securing a substantial $12 million investment, a move that exemplifies both ambition and strategic foresight. This article delves into WLFI’s
