The month of June was a tumultuous one for the price of Bitcoin, seeing a lot of volatility. The price action was ultimately resolved to the downside, with bears managing to push it down by 7.12%. Despite reaching highs of $72,000 and lows of just over $58,000, sellers were able to dominate, resulting in a
Bitcoin weekend trading volumes have experienced a significant decline according to a recent report by Kaiko. The data reveals that weekend trading activity for Bitcoin has dropped from 28% in 2019 to a mere 16% in 2024. This substantial decrease coincides with the introduction of spot Bitcoin ETFs in the US, which are only tradable
Sony Group, a well-known conglomerate in Japan, has recently announced its plans to launch a crypto exchange after acquiring Amber Japan. The acquisition of Amber Japan’s WhaleFin exchange will result in the rebranding of the exchange to S.BLOX Co. This move comes as part of Sony’s strategy to diversify its portfolio and enter the cryptocurrency
Futureverse, a groundbreaking AI and metaverse technology company, has recently announced a game-changing partnership with Animoca Brands, a leader in digital property rights and blockchain-based entertainment. This collaboration is set to revolutionize the metaverse technology landscape by integrating Futureverse’s cutting-edge AI tools with Animoca Brands’ extensive blockchain ecosystem. As part of this groundbreaking agreement, both
The Blast Network is making waves in the web3 world, emerging as a standout player in the realm of Ethereum Layer 2 (L2) solutions. Founded by the creators of the Blur NFT marketplace, Blast Network officially launched its Blast Mainnet in February 2024. The platform aims to tackle the common issues of high transaction fees
Vitalik Buterin, the co-founder of Ethereum, has raised significant concerns about the current state of cryptocurrency regulation, particularly in the United States. He believes that the existing regulatory framework creates a paradox that hampers the growth and integrity of the industry. Buterin points out that projects with vague promises and unclear potential returns are allowed
Cryptocurrencies have brought about a revolution in the world of digital finance, presenting both challenges and opportunities for regulators across the globe. The European Union has taken a proactive approach by introducing the Markets in Crypto-Assets regulation (MiCAR) to provide a harmonized framework for crypto asset services. However, the emergence of non-custodial crypto asset service
Being engrossed in the world of cryptocurrency can be both exciting and challenging. Opeyemi, a dedicated writer, has found his niche in this dynamic industry. His passion for unraveling the complexities of blockchain technology and staying updated on the latest trends in the crypto market is truly remarkable. One of Opeyemi’s favorite activities is analyzing
Market analysts are closely monitoring key on-chain metrics that could potentially indicate a bottom in the bitcoin price and a resurgence in the cryptocurrency market. Signals such as higher bullish momentum, rising demand for bitcoin, and faster growth in stablecoin liquidity are all factors that experts are watching closely. The CryptoQuant report highlights the significance
The European Central Bank (ECB) recently provided an update on its progress towards implementing a digital Euro Central Bank Digital Currency (CBDC) by October 2025. While the ECB claims that privacy and data protection are top priorities, there are concerns about the potential for increased surveillance and control by central banks. The implementation of a
