Category Archives: Blockchain

On November 29, 2024, Bitcoin CME Futures reached a significant milestone, surpassing the $100,000 mark on the derivatives platform. According to TradingView data, Bitcoin CME Futures touched a high of $100,085 during the late morning hours, signaling a strong bullish sentiment in the futures market. However, the spot price of Bitcoin lagged behind, remaining around […]

Boyaa Interactive, a prominent Chinese gaming company, has officially surpassed Japan’s Metaplanet to become Asia’s largest corporate Bitcoin holder. The shift in leadership comes after Boyaa Interactive announced that it had converted $49.48 million worth of Ethereum (ETH) into Bitcoin (BTC). This strategic move was disclosed on November 29, 2024, and reflects the company’s growing […]

Stablecoin issuer Ethena has joined forces with tokenization platform Securitize to submit an application for Sky’s $1 billion tokenization contest, a competition designed to bring real-world assets (RWAs) into the world of tokenization. Their proposal centers around the inclusion of USDtb, Ethena’s stablecoin, and aims to leverage BlackRock’s BUIDL, a tokenized U.S. Treasuries fund, as […]

The recent surge in the price of Hyperliquid’s HYPE token following its anticipated airdrop has sparked speculation about its future potential, with some analysts suggesting that the token could hit $10 as the ongoing cryptocurrency rally continues. Here’s why the HYPE token could see significant price movement: Recent Price Surge and Market Performance Following the […]

On November 29, renowned meme coin analyst Murad Mahmudov unveiled a detailed table containing nine key metrics designed to evaluate the decentralization of meme coins. This release aims to provide the crypto community with a clearer understanding of how decentralized meme coins truly are, which is important for assessing their investment potential and the risk […]

The native token of World (formerly Worldcoin), WLD, surged over 19% in a single day following the announcement of the launch of the World ID Passport Credential pilot in several countries. The token hit a five-month high of $3.03 on November 29, before stabilizing at $2.88 at the time of writing. This surge boosted World’s […]

A recent report by 5Money and Storible has highlighted that a significant proportion of cryptocurrency scams and failed projects originate from just a few countries, with the United States, China, and the United Kingdom leading the pack. The study, which analyzed data from 1,544 crypto projects launched globally between January 2022 and October 2024, reveals […]

Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that it will discontinue its USDC Rewards program for customers in the European Economic Area (EEA) as of December 1, 2024. This decision comes in response to the new regulatory framework introduced by the European Union’s Markets in Crypto-Assets (MiCA) legislation. MiCA, which […]

Bitcoin exchange-traded funds (ETFs) have significantly lagged behind their Ethereum counterparts in terms of inflows over the last few trading days leading up to Thanksgiving, according to data from SoSoValue. From November 22 to November 27, spot Bitcoin ETFs saw $32.2 million in inflows, a stark contrast to the $224.8 million inflows recorded by spot […]

Indonesia’s cryptocurrency market has witnessed remarkable growth, with transactions reaching over 475 trillion Indonesian rupiah, or approximately $30 billion, by October 2024. This represents a staggering 352% increase compared to the same period in 2023, which saw only $6.5 billion in crypto transactions. This surge in trading volume marks a significant milestone for Indonesia, exceeding […]