Category Archives: Blockchain

Shiba Inu Price and Burn Rate Decline: Is It Time to Sell?

On December 9, Shiba Inu (SHIB) experienced a notable price drop of around 7%, falling to $0.000030, significantly lower than its high of $0.000033 earlier this month. This downturn in SHIB’s price aligns with broader market declines, as Bitcoin and other altcoins also retreated. Other meme coins, such as Popcat, Peanut the Squirrel, and Dogwifhat, […]

Saylor’s MicroStrategy Purchases $2.1 Billion in Bitcoin, Boosting Holdings to $41 Billion

Saylor’s MicroStrategy Purchases $2.1 Billion in Bitcoin, Boosting Holdings to $41 Billion

MicroStrategy, the business intelligence firm led by executive chairman Michael Saylor, has made another significant Bitcoin acquisition, purchasing an additional 21,550 Bitcoin for approximately $2.1 billion in cash between Dec. 2 and Dec. 8. This move further solidifies the company’s commitment to Bitcoin as a key asset in its portfolio. Following this latest acquisition, MicroStrategy’s […]

TON Accelerator Partners with Bybit to Boost Cross-Chain Innovation

TON Accelerator Partners with Bybit to Boost Cross-Chain Innovation

TON Accelerator, in collaboration with the crypto exchange Bybit, has announced the launch of the Cross-Chain Synergy Cohort, a new initiative aimed at advancing cross-chain innovation in the blockchain ecosystem. This partnership focuses on enabling developers to create projects that are compatible with multiple blockchain networks, particularly bridging the TON ecosystem, associated with the Telegram […]

Bitcoin Layer 2 Stacks Launches with 35% All-Time High Annual Yield via USDh

Bitcoin Layer 2 Stacks Launches with 35% All-Time High Annual Yield via USDh

Stacks, a Bitcoin layer-2 scaling solution, has announced the launch of a 35% annual percentage yield (APY) for USDh, a stablecoin developed by Hermetica. This new yield rate sets a record for the Stacks DeFi ecosystem and marks a significant milestone in the world of decentralized finance (DeFi) built on top of Bitcoin. The announcement, […]

3 Key Factors Behind the Surge in IDEX Price and Volume

3 Key Factors Behind the Surge in IDEX Price and Volume

IDEX (IDEX), a prominent decentralized exchange (DEX) platform, surged to its highest level since March this year. The IDEX token climbed to $0.1150, marking a gain of over 335% from its lowest level this year, pushing its market cap to over $70 million. This rally occurred in a high-volume environment, with 24-hour trading volume increasing […]

Binance launches a new Binance Wallet with enhanced, ‘seamless’ features for improved user experience

Binance launches a new Binance Wallet with enhanced, ‘seamless’ features for improved user experience

On December 9, Binance launched a major upgrade to its cryptocurrency wallet, rebranding the Binance Web3 Wallet into the newly enhanced Binance Wallet. This revamped version promises a more streamlined and user-friendly experience, with a series of new features designed to make Web3 access simpler and more efficient. The upgrades are aimed at improving asset […]

The launch of Cult token sees a FDV surpassing $600M, while MOG overtakes cat-based memecoins to lead by market cap

The launch of Cult token sees a FDV surpassing $600M, while MOG overtakes cat-based memecoins to lead by market cap.

The recent launch of the Cult token has shaken up the memecoin ecosystem, achieving an extraordinary fully diluted valuation (FDV) of over $600 million within hours of its debut. On December 5, Cult, an Ethereum-based memecoin, saw an initial FDV peak of $845 million, before stabilizing around $630 million. FDV is a critical metric for […]

Baby Doge Coin surges by 49% as whale accumulation increases; could it reach a new all-time high?

Baby Doge Coin surges by 49% as whale accumulation increases; could it reach a new all-time high.

Baby Doge Coin (BABYDOGE) has experienced an impressive surge of over 49% on December 9, reaching levels not seen since January 2022. The altcoin rose from an intraday low of $0.000000004109 to a high of $0.000000006077, outpacing the broader crypto market, which saw a decline of 3.6% during the same period. This surge has sparked […]

CZ urges Amazon to start accepting Bitcoin payments

CZ urges Amazon to start accepting Bitcoin payments

Changpeng “CZ” Zhao, the former CEO of Binance, recently suggested that Amazon should begin accepting Bitcoin (BTC) as a form of payment in response to shareholders’ requests for the tech giant to consider adding Bitcoin to its strategic reserve. CZ posted on X (formerly Twitter) encouraging Amazon to take this step, proposing that accepting Bitcoin […]

South Korea’s Upbit and Bithumb will list MOVE on December 9

South Korea’s Upbit and Bithumb will list MOVE on December 9

On December 9, 2024, two of South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, will both list MOVE, the utility token of Movement Labs. This move marks an important milestone for the token, as it will be available for global trading for the first time. Both exchanges will open trading for MOVE at exactly 21:00 […]