Ethereum-based restaking protocol EigenLayer has been recently in the news with its total value locked crossing a staggering $12.4 billion while dominating Ethereum’s DeFi sector. In the latest developments on Tuesday, April 9, the EigenLayer announced its launch on the Ethereum mainnet. EigenLayer Makes Way to Ethereum Mainnet As per the latest announcement, EigenLayer and […]
Bitcoin Price In The Limelight, Gearing Up For $50k Ahead of Spot BTC ETF Approval?
The crypto community is breathlessly waiting for the imminent approval of the first spot Bitcoin exchange-traded funds (ETFs) in the US by the Securities and Exchange Commission (SEC). Although cryptos faced intense headwinds over the weekend, the outlook from the Bitcoin price perspective elucidates the likelihood of a massive breakout. Bitcoin Price On The Move To $50k […]
Ethena (ENA) Price Soars 10%, Here’s Why
In a spotlight-stealing event witnessed within the crypto realm, ENA, the native cryptocurrency of the Ethereum-based synthetic dollar protocol Ethena, defied the broader crypto market downturn today as its price rallied nearly 10%. This price rally promptly piqued substantial investor interest as a couple of bullish factors appear to be primarily fueling this upsurge. Here’s […]
Lazarus Group Shifts $1.2M in Bitcoin from Mixer to Holding Wallet
The notorious North Korean hacking entity, Lazarus Group, recently transferred approximately $1.2 million worth of Bitcoin (BTC) from a coin mixer to a holding wallet. This movement marks their largest transaction in the past month, drawing attention from cybersecurity experts and blockchain analysts. Recent Transaction Details Blockchain analysis firm Arkham reported that the Lazarus Group’s […]
Bitcoin (BTC) Google Searches Just Surpassed Taylor Swift and Beyonce’s
According to Galaxy Digital’s recent market insight report, the term “Bitcoin” has been searched on Google more than “Taylor Swift” and “Beyonce”. BTC Popularity and Key Catalysts Furthermore, Mike Novogratz stated that Bitcoin’s Google search reached the highest level that it has seen in the last twelve months in March. This is not surprising considering […]
Bitcoin Options Give Mixed Signals, Institutional Investors Start Shorting ETF Market
The approval of the first spot Bitcoin ETF in the US seems to be almost imminent with the Bitcoin price rallying all the way to $47,000 on Monday, January 8. However, the Bitcoin rally cools down as the BTC price seems to be consolidating around the $46,500 level. Bitcoin Options Market Give Mixed Signals Recent […]
Meme Coins Cheer The Most with Bitcoin (BTC) Price Recovery Above $70,000
Soon after the US CPI data release for March, with inflation hotter than expected, the Bitcoin price tanked under $67,000 losing its crucial support level. However, hours later, BTC was quick to regain past $70,000 as investors looked forward to the upcoming halving next week. Although the Bitcoin price recovery helped the broader crypto markets […]
Solana’s Developer Retention Rate Soars 50% In 3 Months: Report
The Solana developer ecosystem showed consistent growth over the last 12 months, the Solana Foundation said in its recent report. An average of 2500-3000 monthly active developers built on the Solana blockchain throughout 2023, data showed. According to the report, Solana’s ecosystem has been in the pink of the health, maintaining a steady monthly active […]
South Africa Financial Regulator Begins Issuing Crypto Licenses
The Financial Sector Conduct Authority (FSCA) of South Africa has introduced cryptocurrency license issuance, declaring important progress in the regulation of digital assets in the country. This move aligns with the process of integrating cryptocurrency into regular financial activities to increase consumer protection and fight financial crimes such as money laundering and terrorism financing. Consequently, […]
BitPay Integrates Support for BNB, LINK as Payment Option
BitPay, a leading cryptocurrency payment service provider, has taken a significant step forward by integrating support for Binance Coin (BNB), and Chainlink (LINK), amongst other coins as payment options on its platform. BitPay Extends Support to Altcoin As announced, the decision to integrate BNB and LINK by BitPay came to offer users a more comprehensive […]