Bitcoin holding strong at $67k amid solid ETF inflows

bitcoin-holding-strong-at-67k-amid-solid-etf-inflows

Bitcoin’s price surged past the $67,000 mark, reaching a two-month high, driven by strong spot exchange-traded fund (ETF) inflows and a rise in short liquidations. At the time of writing, Bitcoin (BTC) was up 2% in the last 24 hours, trading around $67,000. On October 15, the flagship cryptocurrency briefly surpassed $67,500 and came close […]

Stablecoin usage surged in Q3 as market cap hits $170b: Coinbase

The third quarter of 2024 saw a notable surge in the adoption and utilization of stablecoins, as highlighted in Coinbase’s 4th Quarter Guide to Crypto Markets report, which draws on data from Glassnode. Stablecoins reached an all-time high in market capitalization, surpassing $170 billion. This growth coincided with the implementation of the European Union’s new […]

Elon Musk Said About Pi Network

elon-musk-said-about-pi-network

Pi Network has quickly become one of the fastest-growing cryptocurrencies, with an innovative approach to mobile-friendly blockchain technology. Launched in March 2020 by Dr. Xin Xu, Duncan Cock Foster, and Dr. Nicolas Kokkalis—Stanford-affiliated tech experts—the network is designed as a peer-to-peer marketplace that allows users to capture, store, manage, and transact digital assets through a […]

Bitcoin crosses $67k to hit 2-month high

bitcoin-crosses-67k-to-hit-2-month-high

Bitcoin surged to a nearly two-month high on October 15, nearing $68,000 as a result of significant capital inflows into spot Bitcoin exchange-traded funds (ETFs). This rally saw Bitcoin (BTC) briefly hitting $67,800 before retracing slightly to below $66,000 at the time of writing. The price spike led to over $300 million in liquidations in […]

Azra Games raises over $42m to develop blockchain-integrated game

azra-games-raises-over-42m-to-develop-blockchain-integrated-game

Azra Games, a video game developer based in Sacramento, has secured $42 million in Series A funding, bringing its total funding to $68.3 million. The investment comes from prominent backers such as Pantera Capital, Andreessen Horowitz (a16z), and NFX, signaling strong investor confidence in the potential of blockchain gaming. The company, led by CEO Mark […]

Degen is up 223% in 30 days as Base Blockchain DEX volume surges

degen-is-up-223-in-30-days-as-base-blockchain-dex-volume-surges

Degen, a popular meme coin on the Base Blockchain, has experienced a significant rebound, making it one of the best-performing cryptocurrencies in recent weeks. In the last 30 days, Degen (Base) has surged by over 223%, and from its lowest point this year, the token has gained an impressive 335%. According to data from Nansen, […]

SDAO soars 17% as SingularityDAO unveils merger with Cogito Finance, SelfKey

sdao-soars-17-as-singularitydao-unveils-merger-with-cogito-finance-selfkey

SingularityDAO has partnered with Cogito Finance and SelfKey to launch a new EVM-supported layer-2 platform called Singularity Finance, designed to tokenize real-world assets for decentralized finance (DeFi). The merger aims to bridge the gap between real-world assets and DeFi applications by integrating artificial intelligence (AI) assets, such as GPUs, into the blockchain. Key Features of […]

FTX wallet unstakes $28m in Solana, sparking fresh selloff fears

ftx-wallet-unstakes-28m-in-solana-sparking-fresh-selloff-fears

FTX could be preparing to offload more of its Solana (SOL) holdings, sparking fresh concerns of a potential selloff. According to data from Solscan, FTX recently redeemed 178,631 SOL tokens from its staking address, and these tokens are expected to be distributed across multiple wallets, with most likely flowing into major exchanges such as Binance […]

Bitcoin Cash up 12% in 24 hours, analysts expect the rally to continue

bitcoin-cash-up-12-in-24-hours-analysts-expect-the-rally-to-continue

On October 15, Bitcoin Cash (BCH) saw a remarkable surge, gaining 12.9% in just 24 hours and trading at $368 at the time of writing. This made BCH the leading gainer in the market, with 24-hour trading volume reaching around $7.26 billion, according to data from crypto.news. Created in 2017 as a hard fork of […]

Scroll employs Cysic’s ZK computing power to scale Ethereum faster

scroll-employs-cysics-zk-computing-power-to-scale-ethereum-faster

Scroll, an emerging Ethereum Layer 2 blockchain, has partnered with Cysic Network to integrate zero-knowledge (ZK) computing power into its system, aiming to accelerate Ethereum’s scaling capabilities. In a recent press release, Scroll announced its collaboration with Cysic Network, a layer providing zero-knowledge proofs, to enhance Ethereum’s transaction speed and efficiency. Cysic has two ZK-powered […]