Category Archives: Blockchain

Ethereum Price Stalls at Key Level, But On-Chain Metrics Indicate Potential Surge

Ethereum’s price has encountered resistance at the key $4,000 level, with the cryptocurrency facing significant challenges in pushing beyond this price point. Despite the stall, Ethereum still has several positive catalysts that could lead to a potential surge in the near future. As the second-largest cryptocurrency by market capitalization, Ethereum is closely tied to the […]

Bitcoin Price Could Face Sharp Reversal Following Fed Decision

Bitcoin Price Could Face Sharp Reversal Following Fed Decision

Bitcoin’s price has soared to a new record high of $108,000 on December 17, continuing its impressive bull run that began in 2023. This remarkable surge represents a nearly 150% increase in Bitcoin’s price this year, fueled by strong demand and decreasing supply growth. One of the key drivers behind this rally is the unwinding […]

Ripple’s RLUSD Goes Live on Global Exchanges

Ripple's RLUSD Goes Live on Global Exchanges

Ripple’s long-awaited stablecoin, RLUSD, has officially gone live on major global crypto exchanges, marking a significant achievement for the company and its growing ecosystem. Announced on December 16, the RLUSD stablecoin was officially launched on December 17 with the support of several prominent exchanges. These included Uphold, MoonPay, CoinMENA, ArchaxEx, and Bitso, with others such […]

Binance Wallet Launches Binance Alpha to Spotlight Emerging Projects

Binance Wallet Launches Binance Alpha to Spotlight Emerging Projects

Binance has launched a new platform called Binance Alpha, aimed at highlighting and promoting emerging crypto projects within its ecosystem. This initiative is part of Binance Wallet, the exchange’s Web3 wallet, and serves as a selection pool for pre-listing tokens, offering early access to potential high-growth tokens before they officially appear on the Binance exchange. […]

Nuffle Labs and Wormhole Launch Cross-Chain Restaking Solution

Nuffle Labs and Wormhole Launch Cross-Chain Restaking Solution

Nuffle Labs, a universal restaking platform, and Wormhole, a well-known interoperability protocol, have introduced an innovative solution designed to connect various blockchain networks through native cross-chain restaking. This new solution aims to eliminate the need for traditional token bridges, which often pose security risks, offering a safer and more efficient way for users to manage […]

Stellar (XLM) Price Rises as XRP Rebounds, but Gains May Be Brief

Stellar Lumens (XLM) experienced a strong price surge on December 17, making it one of the best-performing cryptocurrencies on that day. The price of XLM rose by 10%, hitting an intraday high of $0.4713, marking a 32% increase from the lowest point it had reached earlier this month. This upward movement in XLM’s price coincided […]

XRP Price Rises Ahead of RLUSD Launch, But Reversal Risks Remain

XRP Price Rises Ahead of RLUSD Launch, But Reversal Risks Remain

XRP has been one of the best-performing large-cap cryptocurrencies recently, continuing its upward trajectory with a 12% rise. The surge follows a bottoming out at $1.9065 on December 10, marking the start of a notable uptrend. The rally gained further momentum after Ripple CEO Brad Garlinghouse announced that the company would be launching its RLUSD […]

Bitcoin Spot ETF Sees $637M in Net Inflows

Bitcoin Spot ETF Sees $637M in Net Inflows

On December 16, 2024, Bitcoin spot ETFs recorded a net inflow of $637 million, marking the 13th consecutive day of positive inflows. This sustained investment activity is a strong indicator of growing institutional confidence in Bitcoin, coinciding with its record-breaking price surge. Bitcoin reached a new all-time high of nearly $107,000, driven by several factors, […]

Avalanche Unveils Avalanche9000 Upgrade, Reducing Deployment Costs

Avalanche Unveils Avalanche9000 Upgrade, Reducing Deployment Costs

The Avalanche Foundation has launched its Avalanche9000 mainnet, marking what it calls the “biggest network upgrade” to date. The new upgrade, which went live on December 17, 2024, introduces significant improvements, particularly reducing deployment costs and C-Chain fees by over 90%. The upgrade, known as Etna, addresses several issues that developers had been facing on […]

Binance Futures Introduces New Limits for BFUSD Users

Binance Futures Introduces New Limits for BFUSD Users

Binance has officially announced a significant update regarding the trading limits for its unique yield-based margin asset, BFUSD, on Binance Futures. This update, set to take effect on December 17, 2024, at 15:00 (UTC+8), will increase the maximum position limits for BFUSD across all VIP levels, from VIP 0 to VIP 9, providing users with […]