Polymarket, a decentralized prediction market platform, has seen growing anticipation for the potential airdrops of two rising blockchain projects, Berachain and Linea Protocol, with odds of their airdrop launches soaring to nearly 90%. A recent poll on the platform, which has garnered $22,000 in assets, shows the odds of Berachain’s airdrop at 90%, and Linea’s […]
Category Archives: Blockchain
Coinbase, a leading U.S.-based cryptocurrency exchange, has successfully acquired the Cyprus unit of BUX, a Netherlands-based investment platform. This unit is now rebranded as Coinbase Financial Services Europe, a move that marks an important step in Coinbase’s expansion strategy within the European market. This acquisition grants Coinbase a Cyprus Investment Firm license under the regulatory […]
The Internet Computer (ICP) token has seen a notable recovery, rising for the third consecutive day. It recently reached an intraday high of $12, marking a significant rebound from last month’s low of $8.83. This surge in price can largely be attributed to an intensified token burn cycle, which has been a key factor in […]
Coinbase has secured the release of two additional pages of documents from the Federal Deposit Insurance Corporation (FDIC) after a prolonged legal battle over its Freedom of Information Act (FOIA) requests. These newly released documents, referred to as “pause letters,” show that the FDIC had advised U.S. banks to halt activities related to cryptocurrencies, effectively […]
Jacob King, an analyst with WhaleWire, has issued a warning regarding the future trajectory of Bitcoin and the broader cryptocurrency market. His concerns, shared through a post on X, point to several critical developments that could signal the onset of a prolonged bear market. King highlighted that some of these developments include the decreasing Bitcoin […]
XRP has recently reclaimed its position as the third-largest cryptocurrency by market capitalization, surpassing Tether (USDT), which now holds the fourth spot. XRP’s market cap is nearing the $140 billion mark, while Tether’s market cap stands at around $137 billion. This shift comes after a significant surge in XRP’s value, which has increased by nearly […]
Cardano (ADA) has surged over 10.75% in the last 24 hours, recently crossing the $1 mark to sit at $1.0481. This price movement raises questions about whether Cardano can replicate the success of its 2021 bull market. Trading volumes have also increased by 23%, reaching $1.62 billion, signaling a renewed interest in the cryptocurrency. The […]
Marathon Digital Holdings reported a 15% increase in its energized hash rate for December 2024, reaching 53.2 exahashes per second (EH/s), surpassing its target of 50 EH/s by year-end. However, Bitcoin production slightly declined by 2% compared to November, with the company mining 890 BTC. This decrease was attributed to “luck” variations in mining, according […]
OKX, a major cryptocurrency exchange, has expanded its offering of perpetual futures with the addition of two new native tokens from AI-based projects—Alchemist AI (ALCH) and AIXBT—on January 3, 2025. This move signals the exchange’s continued push into the AI-driven crypto space, following a similar expansion a week prior with AI projects GRIFFAIN and ZEREBRO. […]
SKI, the native token of Ski Mask Dog, experienced a substantial surge of 25% on December 2, 2024, following reports that U.S. Representative Michael Collins, a Republican from Georgia, had made a significant investment in the meme coin. Collins, who has become a notable supporter of the cryptocurrency sector, purchased an additional $15,000 worth of […]