Nano Labs has rebranded its subsidiary to Nano Bit and is expanding its presence into the Bitcoin ecosystem

Nano Labs has rebranded its subsidiary to Nano Bit and is expanding its presence into the Bitcoin ecosystem

Nano Labs Ltd., a leading Chinese fabless integrated circuit (IC) design firm, has made a strategic move to rebrand its subsidiary, Tsuki HK Limited, to Nano bit HK Limited. This rebranding signals Nano Labs’ strengthened commitment to blockchain development and its ambitions within the Bitcoin ecosystem. Nano bit HK Limited, under this new identity, is […]

Binance Labs and THENA have partnered to accelerate the growth of the BNB Chain ecosystem

Binance Labs and THENA have partnered to accelerate the growth of the BNB Chain ecosystem

Binance Labs has announced a strategic investment in THENA, a decentralized exchange and liquidity mechanism on the BNB Chain, aiming to foster innovation and growth in the decentralized finance (DeFi) sector. Launched in January 2023, THENA adopts the innovative ve(3,3) tokenomics model, which blends decentralized governance with liquidity staking. This model rewards token holders by […]

The revenue of the Tron network in 2024 has surged by 115% compared to the previous year

The revenue of the Tron network in 2024 has surged by 115% compared to the previous year

Tron Network has achieved significant financial growth in 2024, with its total revenue reaching $2.12 billion, marking an impressive increase of over 115% compared to the previous year. According to data from the Tron Scan site, revenue from users purchasing TRX, the native token of the Tron network, amounted to $329.57 million in 2024. This […]

Grayscale Research has updated its list of the “Top 20” cryptocurrencies for Q1 2025

Grayscale Research has updated its list of the Top 20 cryptocurrencies for Q1 2025

Grayscale Research has recently updated its list of the “Top 20” cryptocurrencies to watch for Q1 2025, providing insights into promising digital assets with strong potential. The update introduces six new diversified tokens: HyperLiquid, Ethena Labs, Virtuals Protocol, Juputer, Jito (JITO), and Grass, while also bringing Chainlink (LINK), Helium, and Optimism (OP) back into the […]

Bitcoin price is plummeting, with technical indicators suggesting a potential 20% decline

Bitcoin price is plummeting, with technical indicators suggesting a potential 20% decline

Bitcoin’s price has experienced a strong downward trend, recently trading near the $91,000 mark on December 30, which represents a 15% decline from its peak this year. Despite notable Bitcoin acquisitions from major entities like MicroStrategy and Tether, the cryptocurrency continues to slide. This downward movement suggests that Bitcoin might be facing additional downside, and […]

MicroStrategy has purchased Bitcoin for the eighth consecutive week

MicroStrategy has purchased Bitcoin for the eighth consecutive week

MicroStrategy, the business intelligence software company turned Bitcoin investment giant, has continued its aggressive Bitcoin accumulation strategy. On December 29, it was revealed that the company had purchased 2,138 BTC for a total of $209 million. This latest acquisition brings its total Bitcoin holdings to 446,400 BTC. This purchase marks MicroStrategy’s eighth consecutive week of […]

Binance Announces the Launch of Solv Protocol on Its Megadrop Platform

Binance Announces the Launch of Solv Protocol on Its Megadrop Platform

Binance has officially launched Solv Protocol on its Megadrop platform, further expanding its role in the Web3 space. Solv Protocol is a Bitcoin staking protocol designed to create a comprehensive Bitcoin-native financial ecosystem. This initiative aims to empower users by allowing them to stake Bitcoin and participate in various decentralized financial services. The SOLV token, […]

dForce Soars 26% After Binance Futures Listing on USDT Perpetual Contracts

dForce (DF), a decentralized finance (DeFi) platform, experienced a significant 26% surge after Binance announced the listing of its native token DFUSDT for USDT perpetual contracts on December 30, 2024. This news marked a key milestone for dForce, as Binance, one of the largest cryptocurrency exchanges globally, added dForce’s native token to its futures market, […]

Ethereum Could Surge to $6K by Q1 2025 as Multiple Bullish Patterns Emerge

Ethereum Could Surge to $6K by Q1 2025 as Multiple Bullish Patterns Emerge

Ethereum (ETH) is showing strong potential for a significant price rally in early 2025, with analysts predicting it could reach as high as $6,000 in Q1 2025. This optimistic forecast is based on a series of bullish technical patterns and growing long-term holder activity that are expected to support Ethereum’s price growth. In a December […]