The Bitcoin network recently achieved a significant milestone with its daily transactions peaking at 927,000, surpassing the previous record set in December 2023. This surge in activity was attributed to the launch of Runes, a new token standard on the Bitcoin blockchain, which has garnered substantial interest and utility in the world of cryptocurrencies. Runes
In a groundbreaking move, Verasity has teamed up with Creo Engine to bring VeraViews’ video player functionality and in-game rewards to Creo Play’s extensive gaming library. This partnership represents a significant step towards advancing the adoption of blockchain technology in the gaming industry. Creo Engine is not just a gaming platform; it is a web3
The Spot Bitcoin ETFs have experienced a decrease in demand since the beginning of this month, leading to significant outflows on April 26. This trend has had a profound impact on the broader crypto market as Bitcoin’s price has been affected by the unfavorable market conditions. Farside Investors reported a net outflow of $217 million
The recent launch of the SPACEX meme token has been making waves in the cryptocurrency market. The token, created by a developer known for their Elon Musk-themed projects, has seen significant price gains in a short period of time. However, with the rapid rise in price comes a host of potential risks and red flags
The recent data revealed by analytics platform IntoTheBlock has shed light on a concerning trend within the Cardano (ADA) network. The statistics indicate a significant dip in ‘profitability’ for ADA holders, with only 35% of them currently seeing gains. This stands in stark contrast to cryptocurrencies like Bitcoin and TRX, which show a much higher
Financial expert and Bitcoin critic, Peter Schiff, recently issued a warning to investors about the potential repercussions of Bitcoin dropping below critical support levels. In a social media post, Schiff highlighted Bitcoin’s price at $63,814, emphasizing the importance of the cryptocurrency maintaining support above $60,000. He predicted a substantial price decline if Bitcoin failed to
Bitcoin’s journey in 2022 was fraught with volatility and significant pullbacks, with the cryptocurrency experiencing a series of declines ranging from 21% to 23%. The bear market that gripped the market led to a substantial loss in value for BTC, causing it to plummet to $16,600, a level unseen since November 2020. The collapse of
In the latest surge in meme coin frenzy, all eyes are on ERC-20 tokens once again as the price of ELON, a coin inspired by Elon Musk, has experienced a jaw-dropping 229-fold increase overnight. Despite the absence of any official affiliation with Elon Musk, the ELON token has managed to captivate the meme coin community
The recent approval of new Anti-Money Laundering Regulations by the European Parliament has significant implications for Crypto Asset Service Providers (CASP) operating in Europe. These regulations mandate the implementation of stringent Know Your Customer (KYC) procedures to combat money laundering within the crypto industry. CASPs, including banks, asset managers, and real estate agents, are now
Changpeng ‘CZ’ Zhao, the co-founder and former CEO of Binance, recently submitted a letter of apology to the court. In this letter, he expressed regret for his poor decisions and accepted full responsibility for his actions. Zhao acknowledged that he should have implemented compliance changes at Binance much earlier in his tenure, although he did
