As of October 18, 2024, data from CryptoQuant indicates that Ethereum’s accumulation addresses now hold over 19 million ETH, showing a substantial rise since January 2024, when this figure stood at 11.5 million ETH. This surge in accumulated ETH suggests a growing trend of investors choosing to hold their assets rather than engage in active […]

On-chain data reveals a notable shift in Bitcoin’s market behavior, as large holders (whales) have significantly reduced their outflows, coinciding with Bitcoin holding steady above the $68,000 mark. Data from IntoTheBlock highlights that the Bitcoin whale net flow changed dramatically from a net outflow of 1,650 BTC on October 17 to a net inflow of […]

Pi Network is making significant strides toward the launch of its Open Mainnet, which is scheduled for December 2024. One of the key steps in its preparation is the implementation of a Know Your Customer (KYC) process, which began on July 1, 2024. This process aims to verify every user, known as a Pioneer, to […]

As Bitcoin continues its rally, surpassing $68,000, several meme coins have also experienced a significant surge, with coins like Woman Yelling At Cat, Settled EthXY Token, and Phili Inu spiking by double digits. According to CoinMarketCap, the global cryptocurrency market has begun to recover from last week’s dip. The total market capitalization has increased to […]

The U.S. Securities and Exchange Commission (SEC) has granted “accelerated approval” for Bitcoin options exchange-traded funds (ETFs) to be listed on both the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE). According to filings on October 18, the SEC has authorized these exchanges to list and trade options on Bitcoin ETFs, […]

Ethena (ENA) has recently broken out of a rare bullish pattern on its one-day chart, signaling potential gains of over 65% from its current price levels. Over the past seven days, Ethena, which is well-known for its USDe stablecoin, has seen a 24.4% price increase. On October 14, its market cap surpassed the $1 billion […]

Weekly non-fungible token (NFT) sales volume has experienced a notable surge of 22.5%, reaching $93 million, according to the latest data. As the broader crypto market shows early signs of recovery, the NFT sector is seeing positive momentum, with several key metrics on the rise. Here’s a quick snapshot: NFT sales volume increased to $93 […]

Spot Bitcoin exchange-traded fund (ETF) inflows surged more than 580% this week, with one analyst noting that the pace of accumulation by large investors, or “whales,” is reminiscent of the lead-up to the 2020 Bitcoin rally. Over the past week, a total of $2.13 billion flowed into 12 different spot Bitcoin ETFs, marking the first […]

Pi Network Gears Up for Mainnet Launch with Node Version 0.5.0 Pi Network is taking important steps toward its highly anticipated mainnet launch with the introduction of Node Version 0.5.0. This pivotal update aims to boost network decentralization and ensure a seamless transition to the mainnet, harnessing the power of over 200,000 active nodes to […]

Blockchain interoperability has been a key focus and buzzword in the crypto and Web3 space for several years. Despite the development of various platforms, protocols, and projects aimed at bridging the gaps between different blockchain ecosystems, achieving seamless inter-blockchain communication remains a challenge. While recent volatility in cryptocurrency prices has raised concerns, the foundational technologies […]