Tag: Cryptocurrency
Unlocking New Potential: Curve Finance’s crvUSD Fee Switch
Curve Finance recently made a significant move by implementing a fee switch for its crvUSD stablecoin, aiming to boost adoption and engagement within its ecosystem. The decision came after the stablecoin faced challenges in...
Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days
Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...
Bitcoin Price Volatility: US Transfers $240M in Bitcoin to Coinbase Address – CoinJournal
The US government recently transferred 3,940 Bitcoin, valued at $240 million, from a wallet linked to a Silk Road vendor to a Coinbase Prime wallet address. This move has raised concerns among traders about...
Unlocking MegaLabs: Revolutionizing Real-Time Blockchain with $20M Investment
MegaLabs, the company behind a new Ethereum scaling protocol aiming to achieve real-time processing of transactions, has secured a $20 million investment in a seed round led by Dragonfly Capital. Other participants in the...
Spot ETFs for Proof-of-Stake Chains: Potential Impact of Launching Without Staking
The recent developments surrounding Ethereum and Solana Exchange-Traded Funds (ETFs) have raised significant concerns about their potential impact on these proof-of-stake (PoS) networks. The removal of staking provisions from ETF applications to appease regulatory...
Chainlink Data Streams Product Launch on Avalanche Network: CoinJournal
Chainlink, a leading blockchain technology company, recently launched Data Streams on the Avalanche Network in collaboration with GMX, a perpetual futures trading platform. This new product is designed to improve data handling for decentralized...
Cardano Price Analysis: ADA Nears Critical $0.3389 Support Level
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
Tezos Blockchain Roadmap: Rejuvenating the ICO Fame with Smart Contracts
The developer teams working on the Tezos blockchain have introduced a new set of upgrades called "Tezos X." These upgrades are expected to significantly improve performance, composability, and interoperability. The roadmap for the next...
Coinbase Declines to Facilitate Ocean-Fetch AI Merger
Coinbase recently made a statement declaring that it will not be facilitating the merger between Ocean Protocol (OCEAN) and Fetch.ai (FET) related to the Artificial Superintelligence Alliance (ASI) token merger. Instead, Coinbase plans to...
Connecting Ethereum Price with BitMEX Whales: Quant Analysis Reveals Strong Link
A recent analysis by a quant has shed light on the connection between trends in the BitMEX exchange reserve and the price of Ethereum over the past few years. The exchange reserve refers to...