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Tether, the world’s largest stablecoin issuer, has recently minted over $3 billion in USDT in just the past 24 hours. This minting activity matches the total amount Tether has minted over the course of an entire month. According to a LookOnChain post on November 24, Tether’s minting was divided into two large transactions: one of […]
25
Nov
Nov
Cboe Global Markets is set to launch a new and exciting product in the cryptocurrency space: cash-settled options tied to the price of spot Bitcoin. This will be the first time such a product is introduced, providing investors with a new way to gain exposure to Bitcoin’s value without having to own the cryptocurrency directly. […]
25
Nov
Nov
FOMO (Fear of Missing Out) is a powerful emotion that often leads people to make impulsive decisions based on the fear of missing out on something exciting or popular. For some, this might mean purchasing Taylor Swift concert tickets for over $32,000 just to be part of a cultural event or experience. This sense of […]
Blockchain
The Heco Chain has officially announced its retirement, encouraging users to convert and redeem their assets.
25
Nov
Nov
Heco Chain, a decentralized blockchain developed by Huobi Exchange, has officially announced its retirement, urging users to convert and redeem their assets before the deadline of January 10, 2025. This decision marks the end of Heco’s operations and the removal of its HRC20 tokens, including popular assets like HRC20ETH, HRC20USDC, and HRC20SHIB. Overview of Heco […]
25
Nov
Nov
This week, three major gaming-related cryptocurrencies — SAND (The Sandbox), MANA (Decentraland), and AXS (Axie Infinity) — have garnered significant attention for their impressive price movements. As the global crypto market cap hovers around $3.4 trillion, after gaining $170 billion in the past week, these tokens stand out due to their strong bullish trends, fueled […]
25
Nov
Nov
Despite Bitcoin’s recent dip below $97,000, two lesser-known tokens have caught the attention of the crypto market with impressive price surges. GOUT and Hasbulla’s Cat token (BARSIK) have both experienced dramatic gains in the last 24 hours, with GOUT leading the charge. GOUT (GOUT) Soars 170% The GOUT token has seen a massive 170% surge […]
24
Nov
Nov
The Pi Network is rapidly approaching a historic milestone, with the total number of accounts nearing 100 million. As the community nears this achievement, the Pi Core Team is preparing a significant update to its mining system, marking the beginning of a new phase for the platform. Major Changes to the Mining System The update, […]
24
Nov
Nov
What is crypto burning? Crypto burning is the process of intentionally destroying digital tokens or coins, making them permanently unrecoverable. Once burnt, the tokens are removed from circulation and cannot be accessed or used again. While this may seem counterintuitive—why would a blockchain project destroy its own tokens?—there are several reasons why this practice is […]
24
Nov
Nov
As the cryptocurrency market continues its upward trajectory, with Bitcoin nearing the $100,000 mark and touching a new all-time high of $99,655.50, the NFT market has shown signs of weakness. Recent data reveals a 9.6% decrease in total NFT sales volume, dropping to $160.9 million. This dip follows last week’s figure of $178.8 million, marking […]
24
Nov
Nov
The global cryptocurrency market has surged to an all-time high, crossing the $3.49 trillion mark, reflecting an impressive 11.5% increase over the week and adding $358 billion to its overall valuation. Bitcoin (BTC) led the charge, rising over 8% during this period as buyers pushed to breach the psychological resistance at $100,000, triggering a ripple […]
