Category Archives: Blockchain

In its 2024 financial report, the Ethereum Foundation reaffirmed its long-term commitment to ETH, revealing that 99% of its $788.7 million crypto holdings are in Ethereum. As of October 31, the foundation’s total assets were valued at approximately $970.2 million, which includes $181.5 million in non-crypto assets. The Ethereum Foundation stated, “We choose to hold […]

Bitcoin, Crypto Market Maintain Momentum After Federal Reserve’s First Rate Cut Under Trump’s Victory The Bitcoin and broader cryptocurrency market continued their positive momentum following the Federal Reserve’s rate cut on November 7—its first since Donald Trump’s election win. The Federal Reserve announced a 25 basis point reduction in U.S. funding rates during its Federal […]

Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments. Starting in mid-2025, residents will be able to make payments using cryptocurrency through a platform managed by PayPal, as announced by city officials today. This initiative is part of Detroit’s broader strategy to embrace new technologies aimed at […]

On November 7, the Eclipse Foundation announced the official launch of Eclipse‘s public mainnet. Eclipse is a Solana Virtual Machine (SVM)-powered layer-2 solution built on Ethereum, marking a significant milestone in its efforts to combine the strengths of both Ethereum and Solana for users. According to a press release from the Eclipse Foundation, this development […]

Maneki, Moo Deng, and Sundog have seen impressive gains between 40% and 55% in the last 24 hours as meme coins dominate crypto trading, fueled by Donald Trump’s victory in the U.S. presidential election for a second term. Key Developments Bitcoin (BTC) has also been surging, breaking its all-time high above $76k for the second […]

Stader crypto has made a strong comeback, reaching its highest level since May 9, making it one of the top-performing altcoins this week. Stader (SD), a major player in the liquid staking space, surged to $0.95, marking a 213% increase from its lowest point this month. This price rise has pushed its market cap to […]

The launch of Newton on the AggLayer by Magic Labs and Polygon Labs marks a significant development in the blockchain ecosystem. This project aims to tackle the fragmentation problem that many blockchain networks face, by enabling cross-chain interoperability and liquidity unification. Here’s an overview of the initiative and its potential impact on both developers and […]

Dogecoin (DOGE) has certainly been experiencing a lot of excitement recently, driven by the developments surrounding the U.S. election and Elon Musk’s potential influence under a Trump administration. With a 140% rise from its August lows, DOGE is certainly on traders’ radar. However, the coin’s current technical correction is worth considering when discussing its future […]

Despite the Hamster Kombat (HMSTR) token currently being in a deep bear market, recent chart patterns and technical indicators suggest the potential for a rebound in the near future. Hamster Kombat’s Decline The token has experienced a significant 80% drop from its all-time high, reducing its fully diluted valuation to $268 million. This decline mirrors […]

UBS has made a significant step forward in the use of blockchain technology for financial services with its successful pilot of the “UBS Digital Cash” payment system. The pilot, which tested both domestic and cross-border transactions, demonstrates the potential for blockchain to streamline and enhance the efficiency of international money transfers. The system uses a […]