Category Archives: Blockchain

MicroStrategy, the world’s largest corporate holder of Bitcoin, has significantly increased its cryptocurrency holdings with a purchase of an additional 55,000 Bitcoin for $5.4 billion. This latest acquisition brings the company’s total Bitcoin holdings to 386,700 BTC, solidifying its position as the largest corporate Bitcoin holder. Executive Chairman Michael Saylor confirmed that the company bought […]

The possibility of XRP reaching $10 in 2024 is an ambitious prediction, but it is not entirely out of the realm of possibility. While XRP has recently demonstrated strong price performance, rising 324% from its lowest point in 2024 and peaking at $1.6305, analysts remain divided on whether it can achieve such a massive jump […]

Safemoon has recently experienced a significant price surge, rising by 76% on Monday, November 25, reaching a high of $0.00002890. This marks the token’s highest level since November 1 and represents a 77% recovery from its monthly low. However, despite this strong rebound, the rally has been met with skepticism due to relatively low trading […]

Solana has achieved a major milestone in the crypto space, surpassing $100 billion in monthly decentralized exchange (DEX) trading volume for the first time in history. In November 2024, Solana’s DEX volume reached an astounding $109.73 billion, marking a new record for the blockchain and placing it ahead of other major cryptocurrency chains like Ethereum […]

Crypto investment products experienced a historic surge in inflows last week, as Bitcoin’s price approached the $100,000 mark. According to data from CoinShares, crypto investment funds saw a record $3.13 billion in weekly inflows, bringing the total inflows since September to $15.2 billion. Year-to-date inflows have now reached an unprecedented $37 billion, a significant milestone […]

The recent flash crash of Wrapped Bitcoin (WBTC) on Binance has raised concerns in the cryptocurrency market, as its price plummeted from nearly $98,500 to as low as $5,209 in a matter of minutes, only to rebound quickly back to around $98,000 on November 23. This dramatic price movement took place just days after Coinbase […]

South Korea’s Financial Services Commission (FSC) has dismissed the idea of creating a national Bitcoin reserve “for the time being,” despite growing domestic calls for such a move. In an interview on November 24, FSC Chairman Kim Byung-hwan responded to the increasing pressure for South Korea to start building a Bitcoin reserve to ensure the […]

Bitcoin’s recent rally, pushing the price above $95,000 and approaching an all-time high of $99,655 on November 23, has been accompanied by significant changes in market activity. Over the past week, Bitcoin saw an impressive $6 billion in net outflows from exchanges, including $3.9 billion on November 19 alone, according to data from IntoTheBlock (ITB). […]

ZA Bank, the largest digital neobank in Hong Kong, has made a significant move by becoming the first lender in the region to offer retail customers access to cryptocurrency trading. This development allows users to trade Bitcoin and Ethereum using both Hong Kong dollars and U.S. dollars, marking a major step in Hong Kong’s efforts […]

In recent days, the futures markets for Bitcoin (BTC) and Ethereum (ETH) have seen significant growth in open interest (OI), reaching all-time highs. Open interest represents the total value of outstanding futures contracts and reflects the level of interest and liquidity in an asset within the trading markets. This surge comes amid Bitcoin’s near $100,000 […]