Ethena (ENA) has recently broken out of a rare bullish pattern on its one-day chart, signaling potential gains of over 65% from its current price levels. Over the past seven days, Ethena, which is well-known for its USDe stablecoin, has seen a 24.4% price increase. On October 14, its market cap surpassed the $1 billion […]
Category Archives: Blockchain
Weekly non-fungible token (NFT) sales volume has experienced a notable surge of 22.5%, reaching $93 million, according to the latest data. As the broader crypto market shows early signs of recovery, the NFT sector is seeing positive momentum, with several key metrics on the rise. Here’s a quick snapshot: NFT sales volume increased to $93 […]
Spot Bitcoin exchange-traded fund (ETF) inflows surged more than 580% this week, with one analyst noting that the pace of accumulation by large investors, or “whales,” is reminiscent of the lead-up to the 2020 Bitcoin rally. Over the past week, a total of $2.13 billion flowed into 12 different spot Bitcoin ETFs, marking the first […]
Pi Network Gears Up for Mainnet Launch with Node Version 0.5.0 Pi Network is taking important steps toward its highly anticipated mainnet launch with the introduction of Node Version 0.5.0. This pivotal update aims to boost network decentralization and ensure a seamless transition to the mainnet, harnessing the power of over 200,000 active nodes to […]
Blockchain interoperability has been a key focus and buzzword in the crypto and Web3 space for several years. Despite the development of various platforms, protocols, and projects aimed at bridging the gaps between different blockchain ecosystems, achieving seamless inter-blockchain communication remains a challenge. While recent volatility in cryptocurrency prices has raised concerns, the foundational technologies […]
Samson Mow, CEO of the Bitcoin technology company Jan3, has publicly urged Germany to adopt Bitcoin as part of its national strategic reserves. During a recent appearance at the German Bundestag, Mow shared his vision for Bitcoin strategies in nation-states, advocating for Germany to acquire 281,267 BTC for its strategic reserves. “I hope that Germany […]
DBS Bank has launched DBS Token Services, a blockchain-powered solution aimed at simplifying institutional banking operations. According to a DBS press release, the new service will combine the bank’s Ethereum-compatible permissioned blockchain (with an ETH 0.21% focus), its primary payment engine, and various industry-specific payment networks. Real-time payments via the blockchain Smart contracts allow institutions […]
Gold has surged more than 2% over the past week, reaching a new all-time high of $2,700 per ounce on October 18. This increase is driven by growing demand for safe-haven assets, particularly amid fears of geopolitical instability and expectations of interest rate cuts by central banks. The European Central Bank has reduced rates three […]
AI Companions (AIC), a new artificial intelligence-focused token, has surged for four consecutive days, reaching its highest value since October 1. The token rose to a peak of $0.1070, marking a 33% increase from its lowest point this month, and pushing its market cap above $88 million. This rally comes as the broader artificial intelligence […]
BlackRock is seeking to have its digital money-market token, BUIDL, used as collateral in cryptocurrency derivatives trades. According to sources familiar with the discussions, the company is in talks with major exchanges like Binance, OKX, and Deribit about the possibility, as reported by Bloomberg. BUIDL is targeted at qualified institutional investors, with a minimum investment […]