XRP has seen a notable downturn this month, transitioning from a strong bull run to a bear market, with a price drop of almost 30% from its January highs. As of now, XRP is hovering around the $2.43 level, having faced a severe crash. Several factors are contributing to the current bearish outlook, including a […]
Changpeng “CZ” Zhao, the former CEO of Binance, recently weighed in on the state of the blockchain and crypto industry, urging industry participants to focus more on developing decentralized applications (dApps) instead of creating new blockchain networks. His statement was in response to a post by Messari researcher @defi_monk, which highlighted a troubling trend: many […]
Phoenix Group, a cryptocurrency mining firm based in Abu Dhabi, has seen its revenue soar by 236% in 2024, reaching $107 million in Bitcoin mining revenue, compared to $32 million in 2023. This growth is part of the company’s broader global expansion and adaptation to industry challenges. The company’s total revenue for 2024 reached $206 […]
B3 is a layer-3 gaming network built on Base, a Coinbase-incubated Ethereum layer-2 blockchain, designed to support the next generation of blockchain gaming. It is a platform that focuses on enabling developers to launch customized “gamechains” tailored specifically for individual games. This allows for a more specialized experience for each game, while B3 serves as […]
On February 11, Bitcoin exchange-traded funds (ETFs) in the U.S. experienced continued outflows, as the price of Bitcoin (BTC) briefly dipped below $95,000. Spot Bitcoin ETFs saw a total of $56.76 million in net outflows, extending the negative trend from the previous day, which saw $186.28 million in outflows. This marks the second consecutive day […]
Pi Network’s native token, PI, is set to launch on the OKX exchange on February 20, 2025. This announcement marks a significant milestone for the project, which has been generating buzz within the crypto community. However, the upcoming listing has sparked concerns among traders, especially regarding potential risks tied to the Pi Network’s model and […]
BNB Chain has officially unveiled its 2025 tech roadmap, laying out a comprehensive vision for the future that integrates artificial intelligence (AI), enhances transaction speed and scalability, and addresses critical security issues. The network’s development goals reflect its ambition to position itself as a leader in the blockchain space, with a focus on both innovation […]
Litecoin has experienced a significant price surge of 12% following the release of analyst James Seyffart and Eric Balchunas’ rankings on the likelihood of several altcoin exchange-traded funds (ETFs) receiving approval from the U.S. Securities and Exchange Commission (SEC). Litecoin now leads the pack in ETF approval odds, with a 90% chance of SEC approval, […]
Berachain, a highly anticipated layer-1 blockchain, is facing significant backlash over its controversial airdrop and concerns about insider dumping, which has led to a sharp 63% drop in the price of its token since its launch. The project, which launched its mainnet on February 6, introduced a unique “Proof of Liquidity” model alongside one of […]
The U.S. Securities and Exchange Commission (SEC) is expected to acknowledge the spot exchange-traded fund (ETF) filings for XRP and Dogecoin as early as this week. The SEC’s recent significant move was acknowledging the amended Solana ETF application by Grayscale on February 6. Now, Bloomberg ETF analyst James Seyffart suggests that amended filings for XRP […]