Category Archives: Blockchain

On Dec. 5, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge in trading volume, reaching $7.1 billion, a 50% increase from the previous day. This spike occurred as Bitcoin’s price dropped below the $100,000 threshold. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net inflows of $766.66 million on Dec. […]

Chris Burniske, a former analyst at ARK Invest and current partner at Placeholder, has cautioned crypto investors against overly optimistic targets, urging a more cautious and realistic approach to expectations in light of Bitcoin’s recent surge. In a post on X on Dec. 6, Burniske reflected on past market cycles, advising investors to balance optimism […]

Theta Network has partnered with FlyQuest, a prominent North American esports organization, to introduce an AI-powered esports chatbot named a.PHiD. The chatbot, designed to enhance fan engagement, will be accessible through FlyQuest’s website and Discord, offering real-time responses to fan queries about rosters, upcoming matches, and results. AI Chatbot for Enhanced Fan Interaction The collaboration […]

El Salvador bonds saw a significant rally on December 5, largely driven by Bitcoin’s price surge past the $100,000 mark, according to Bloomberg’s indicative pricing data for sovereign-issued debt. This phenomenon marked a historic moment as Bitcoin was credited with pushing El Salvador’s sovereign bonds higher in traditional markets for the first time ever. The […]

Phantom Wallet, a popular Solana-native wallet with over 7 million monthly active users, has announced its integration with the Sui Layer-1 blockchain. This addition will significantly enhance the wallet’s capabilities, enabling unified cryptocurrency storage and trading across web3. The integration, revealed on December 5, highlights Phantom’s ongoing effort to expand its support for multiple blockchains, […]

On December 5, Archax, a regulated digital securities exchange and custodian authorized by the Financial Conduct Authority (FCA), announced a strategic partnership with XDC Network, a layer-1 blockchain. This collaboration aims to drive the adoption and expansion of tokenized real-world assets (RWAs) by leveraging the power of regulated digital assets and blockchain technology. The Objective: […]

The U.S. Bitcoin adoption is poised to ignite a global race for portions of Bitcoin’s limited supply, triggering what could be described as a sovereign ‘gold rush’. According to Alessio Quaglini, CEO of Hex Trust, the surge in Bitcoin’s price past the $100,000 mark signifies the onset of the cryptocurrency’s institutional phase. This phase, Quaglini […]

Worksport, a Nasdaq-listed company that specializes in pickup truck solutions, has announced a significant shift in its corporate treasury strategy. As of December 5, the company revealed it will be adding Bitcoin (BTC) and XRP (Ripple) to its treasury, marking a major step toward integrating cryptocurrency into its financial strategy. In a statement, Worksport disclosed […]

As of December 5, Dogecoin (DOGE) is consolidating near its year-to-date high of $0.4795, with the price trading at approximately $0.4500. The coin has surged 450% from its lowest point earlier in the year, which has led to a market capitalization exceeding $65 billion. Analysts are optimistic about its potential for further gains, with some […]

Sandbox’s native token, SAND, has broken out of a multi-year slump, achieving a notable 40% surge and hitting a 28-month high of $1.06 on December 5, 2024. This rally has brought the token’s market capitalization to over $2.27 billion. The impressive gains have been fueled by recent developments within the Sandbox ecosystem and renewed interest […]