Category Archives: Blockchain

Dogecoin price pops as volume and open interest surge

dogecoin-price-pops-as-volume-and-open-interest-surge

Dogecoin (DOGE) has experienced a strong bullish breakout, driven by a renewed interest in meme coins and a broader market boost from Bitcoin surpassing the $68,000 mark. The popular meme coin surged to $0.1283, marking its highest price since September 29. This move puts DOGE firmly in a bull market, having gained 56% from its […]

Moo Deng falls more than 22% after market debut with ‘meteoric rise’

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Moo Deng, the Solana-based meme coin inspired by a viral Thai pygmy hippo, has seen a significant downturn, losing 22% of its value in the last 24 hours and nearly 45% in the past week. As of October 16, the coin is trading at $0.0915, with a 24-hour trading volume of $96 million. Meteoric Rise […]

Litecoin rallies 11% amid spot ETF application and improving market sentiment

litecoin-rallies-11-amid-spot-etf-application-and-improving-market-sentiment

Litecoin surged to its two-month highs following the news of a spot Litecoin ETF filing with the U.S. Securities and Exchange Commission. Litecoin ltc -3.25% rose 7.2% over the last day, exchanging hands at $71.52 on Wednesday, Oct. 16, its highest price seen since the end of July. Litecoin (LTC) has experienced a notable rally, […]

Blockcast raises $2.85m to scale decentralized content delivery on Solana

blockcast-raises-2-85m-to-scale-decentralized-content-delivery-on-solana

Blockcast, a Solana-based decentralized content delivery network (CDN), has raised $2.85 million in seed funding, led by Lattice Fund, to scale its infrastructure for high-bandwidth content streaming. The funding round saw participation from several prominent investors, including Protocol Labs, Finality Capital Partners, AllianceDAO, Zee Prime Capital, RW3 Ventures, and angel investors like Anatoly Yakovenko, the […]

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

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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 […]