The latest research report by Coinbase Research and Glassnode suggests that Bitcoin (BTC) and Ethereum (ETH) are following a pattern similar to previous years, during which their prices surged significantly. This observation draws parallels between the ongoing crypto market cycle and the period from 2018 to 2022. Analysts highlight cyclicality metrics, such as net unrealized
Crypto
1inch, the popular decentralized exchange (DEX) aggregator, witnessed a remarkable surge in volumes and market dominance in the fourth quarter of last year. This surge was accompanied by a broader market resurgence, indicating increased adoption and trust from users. In this article, we will analyze the factors that contributed to 1inch’s success and examine its
Anthony Scaramucci, the founder and CEO of SkyBridge Capital, a prominent alternative asset management firm, has made a bold prediction about the future of Bitcoin (BTC). He anticipates that BTC will reach its all-time high before 2024 concludes. Scaramucci’s prediction comes on the heels of the United States Securities and Exchange Commission’s (SEC) recent approval
The dApp industry has experienced astonishing growth, as highlighted in DappRadar’s recently published 2023 Industry Report. This comprehensive report offers valuable insights into the thriving landscape of NFTs, DeFi, and blockchain gaming. With a 124% year-over-year increase in Unique Active Wallets (UAW), it is evident that the dApp sector is evolving rapidly. One of the
Blockchain games have captured the attention of the gaming industry, promising decentralized ownership and true digital scarcity. However, a closer look reveals a concerning trend of discontinuation and abandonment. According to the Big Blockchain Game List, more than 30% of blockchain games announced in 2023 have been reported as discontinued or canceled. This article delves
The recent report from the Commodity Futures Trading Commission (CFTC) sheds light on a critical issue within decentralized finance (DeFi) systems. The report highlights the absence of clear lines of responsibility and accountability deliberately overlooked by certain industry structures. While acknowledging the immense potential of the DeFi sector, the CFTC emphasizes the substantial risks it
The first trading day for 11 spot Bitcoin ETFs on the US stock markets was anything but uneventful. The market witnessed numerous price fluctuations, resulting in both a multi-year peak and a significant dump. This rollercoaster ride brought about mixed reactions, not only for Bitcoin but also for altcoins, which are currently experiencing minor losses
The NEAR Foundation has recently announced plans to undergo a significant realignment initiative, which will result in the reduction of its team by approximately 40%. This decision will impact a total of 35 employees across various departments within the organization. In an effort to streamline its operations and improve overall effectiveness, the foundation has determined
In this digital age, where data is king and cyber threats loom around every corner, it is important to stay vigilant. The recent hack of major crypto data aggregator Coingecko serves as a sobering reminder of the ever-present danger lurking in the online world. This article delves into the details of the Coingecko hack, highlighting
Bitcoin, the largest digital asset, experienced a momentous day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This long-awaited green light signaled a significant milestone for the cryptocurrency industry. However, the approval did not come without its fair share of hiccups, leading
