Category Archives: Blockchain

AMP Price Soars as Leading Crypto Expert Predicts Further Upside Potential

AMP Price Soars as Leading Crypto Expert Predicts Further Upside Potential11

The AMP token has recently experienced a significant price surge, reaching $0.0144, its highest level since March 11, 2024. This represents a substantial 300% increase from its yearly low, propelling its market capitalization to over $910 million. The surge in AMP’s price coincides with a broader trend of renewed interest in older cryptocurrencies, particularly those […]

Bybit Excludes Yuan Trading but Allows Chinese Users to Access Platform with VPN

Bybit Excludes Yuan Trading but Allows Chinese Users to Access Platform with VPN

Bybit, one of the leading global cryptocurrency exchanges, has clarified its stance on Chinese users and their access to the platform amid ongoing regulatory challenges in mainland China. CEO Ben Zhou announced on December 3, 2024, that while Bybit will not support trading in China’s local currency, the yuan, Chinese citizens can still access the […]

DeFi TVL Reaches 31-Month Highs as Market Cap Surpasses $3.7 Trillion

DeFi TVL Reaches 31-Month Highs as Market Cap Surpasses $3.7 Trillion

The cryptocurrency and decentralized finance (DeFi) sectors have been experiencing remarkable growth over the past month, marking significant milestones for both industries. DeFi’s Total Value Locked (TVL) has surged to a 31-month high, reaching $134.7 billion, according to data from DeFi Llama. This represents a growth of approximately $47 billion over the last 30 days, […]

BNB Hits All-Time High Following PancakeSwap’s Launch Platform for BNB Meme Coins

BNB Hits All-Time High Following PancakeSwap's Launch Platform for BNB Meme Coins

BNB reached a new all-time high after PancakeSwap launched its new platform, PancakeSwap Springboard, on December 4, 2024. This platform allows users to create and list meme coins on the BNB Chain, and its debut has already sparked significant excitement in the cryptocurrency community. Following the platform’s launch, BNB’s price surged more than 20%, reaching […]

Bitcoin targets $100,000 as a 74.5% probability of a 25bps rate cut looms

Bitcoin targets $100,000 as a 74.5% probability of a 25bps rate cut looms

Bitcoin is drawing significant attention as markets await a potential move from the U.S. Federal Reserve (Fed), with growing expectations that a rate cut could drive the value of the cryptocurrency higher. The CME FedWatch Tool currently shows a 74.5% probability of a 0.25% rate cut at the Fed’s upcoming meeting on December 18. This […]

Spot Bitcoin ETFs See Massive 90% Inflow Surge, Closing In on Satoshi Nakamoto’s Bitcoin Holdings

Spot Bitcoin ETFs See Massive 90% Inflow Surge, Closing In on Satoshi Nakamoto’s Bitcoin Holdings

On December 3, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge in inflows, rising by over 90% compared to the previous day. This surge brings the total holdings of these ETFs closer to rivaling the Bitcoin stash believed to be held by Bitcoin’s enigmatic creator, Satoshi Nakamoto. According to data from SoSoValue, the […]

Arbitrum One Becomes the First Layer-2 to Reach $20 Billion in TVL

Arbitrum One Becomes the First Layer-2 to Reach $20 Billion in TVL

Arbitrum, a leading layer-2 scaling solution for Ethereum, has achieved a historic milestone by becoming the first platform in the layer-2 (L2) ecosystem to reach $20 billion in total value locked (TVL). The network announced this significant achievement on its official account on December 3, 2024, highlighting its impressive growth and the ongoing innovation within […]

MatterFi Launches ‘Phishing-Proof’ Fintech Infrastructure to Enhance Digital Security

Tron Surges 104% in a Day, Reaches New All-Time High

MatterFi, a fintech infrastructure platform, has introduced a groundbreaking solution aimed at protecting users from online threats, including phishing attacks. The platform, which has just emerged from a six-month beta phase, promises to revolutionize digital finance by offering a “phishing-proof” fintech infrastructure designed for both human and AI transactions. In a December 3 press release, […]

Tron Surges 104% in a Day, Reaches New All-Time High

Tron Surges 104% in a Day, Reaches New All-Time High

Tron (TRX), a prominent blockchain network known for its smart contract capabilities, has made headlines with an astonishing 104% surge in a single day. As of the latest data, the cryptocurrency reached a new all-time high of $0.43, surpassing its previous peak of $0.40 in June 2018. This surge comes amid broader market turbulence, with […]

Bitcoin exchange holdings drop to a multi-year low, according to a report

Bitcoin exchange holdings drop to a multi-year low, according to a report

Bitcoin reserves on centralized exchanges such as Binance and Coinbase have recently dropped to their lowest levels in years, signaling growing bullish sentiment within the crypto market. According to CryptoQuant data, over 171,000 Bitcoin have been withdrawn from leading exchanges since Donald Trump’s victory in the 2020 U.S. presidential election. These withdrawals reflect a broader […]