Geneva, Switzerland, 5th January, 2023, Chainwire For TRON DAO, 2022 was a year of historic growth. Here are 22 highlights from the fastest growing public blockchain’s record year: # 22 possibly the world’s biggest DAO On January 5, TRON announced its restructuring to become a decentralized autonomous organization (DAO). On April 11, Forbes declared that […]
Ethereum Classic achieves strong bounce back, thanks to hash rate stimulation
Ethereum Classic’s hash rate bounced back slightly, potentially indicating increased network activity. ETC’s bullish momentum might be limited, according to its MA indicators. Every once in a while, Ethereum Classic [ETC] registers a large price pump that is usually associated with whale activity. The latest such event occurred on 4 January, when ETC bulls pulled […]
Chinese court says laws will not protect P2E game investments
The Shanghai Qingpu court in China declared that investments in cryptocurrency-powered play-to-earn (P2E) games are not legally protected.
SOL Jumps 40% In A Week As Solana Ecosystem Flares With Massive Activity
Solana, one of the largest proof-of-stake cryptocurrencies, has been going bonkers, jumping over 40% in the past seven days on the back of BONK, a dog-themed token that recently debuted on the Solana ecosystem. Launched on Dec. 25, BONK is a meme coin modelled after Shiba Inu and features a dog avatar. BONK is described […]
Curse or blessing? Binance controlled 92% of Bitcoin trading volume at the end of 2022 – Report
Binance controlled 92% of BTC spot trading volume in 2022 according to Arcane Research. The exchange also scored other wins in the crypto space having emerged as an outlier in the 2022 crypto winter. Binance, the world’s largest cryptocurrency exchange by trading volume, has emerged as the preeminent venue of Bitcoin (BTC) trading in 2022. […]
ECB official urges CBDC development for the good of cryptocurrency and consumers
ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly.
Research: Bitcoin super whales remain aggressive accumulators, retail sells
Glassnode data analyzed by CryptoSlate showed a divergence between super whales and retail, with the former remaining in aggressive accumulation mode going into the new year. Bitcoin Accumulation Trend Score The Accumulation Trend Score (ATS) looks at the relative size of entities that are actively accumulating or distributing their Bitcoin holdings. The ATS metric uses […]
Solana’s Doge-Themed BONK Drops 54% After Bonkers 3,300% Gains
BONK is still massively outperforming other coins this week, fueling Solana’s own price surge despite the meme coin’s volatility.
40% of Crypto Bank Silvergate’s Staff Cut In Effort to Cover $8B in Customer Withdrawals
Silvergate Capital, a crypto-focused bank, announced on Thursday that it would cut approximately 200 employees or 40% of its workforce and abandoned its plans to launch its own digital currency. The bank has written off the $196 million it invested in acquiring the technology and assets of the Diem Association from Meta. The bank had previously partnered […]
SOL Jumps 40% In A Week As Solana Ecosystem Flares With Massive Activity
Solana, one of the largest proof-of-stake cryptocurrencies, has been going bonkers, jumping over 40% in the past seven days on the back of BONK, a dog-themed token that recently debuted on the Solana ecosystem. Launched on Dec. 25, BONK is a meme coin modelled after Shiba Inu and features a dog avatar. BONK is described […]