In July 2024, the NFT market experienced a significant downturn, marking the second consecutive month of declining sales. According to recent data, NFT sales plummeted by 36% compared to the previous month. This decline follows a similar trend observed in June, indicating a challenging period for the digital asset market. Several factors have contributed to […]

Renowned Bitcoin critic Peter Schiff has issued a stark warning, declaring that the United States has entered a recession. He also predicts a looming spike in inflation, which could complicate the Federal Reserve’s rate-cut decisions. This comes amid recent job data that has increased expectations for a significant rate cut by the Fed. Peter Schiff […]

Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders.  Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is witnessing […]

The cryptocurrency market is facing significant challenges following July’s volatility. Ethereum Classic price has not been immune to these headwinds, dropping 5.4% over the past week and an additional 2% in the last day to trade at $21.34 during US business hours on Tuesday. ETC Futures Liquidations Surge The Ethereum Classic futures market faced more […]

Once bankrupt crypto lending giant Genesis Global has moved the sum of $1.5 billion as in what appears as funds for creditor repayment. Crypto data analytics platform Arkham Intelligence shared the update noting the funds moved are domiciled in Bitcoin (BTC) and Ethereum (ETH). Genesis To Do Right by Its Creditors The implosion of the […]

Morgan Stanley has announced plans to offer Bitcoin ETFs to its selected clients based on certain criteria. This decision, reported by CNBC on Friday, marks a significant milestone as Morgan Stanley becomes the first among major Wall Street banks to take this step. Morgan Stanley’s Bitcoin ETF Announcement Morgan Stanley has made a groundbreaking announcement, […]

TL;DR Balancing Needs: Vitalik Buterin emphasized the importance of making Ethereum accessible to both newcomers and experienced users while maintaining its core values. Challenge of Accessibility: Developers face the challenge of appealing to users of varying skill levels without relying on centralized infrastructure. Buterin stressed the importance of creating applications. Cross-Chain Interoperability: Buterin urged developers to reduce friction […]

Cardano founder Charles Hoskinson has gotten the ADA community excited with a recent announcement about Hydra. He teased his followers about the coming of the long-awaited upgrade. The reactions and responses suggest that the community is ready to welcome the scaling protocol. Cardano Hydra Update Restores Community Confidence Hoskinson’s X post suggested that the Hydra […]

WazirX finds itself at the center of a heated controversy following a massive $230 million hack. The incident has not only raised alarming questions about the platform’s security measures but has also sparked a contentious debate between WazirX and blockchain security firm TruthLabs. WazirX Hack Under Scrutiny WazirX, a major cryptocurrency exchange, has forcefully denied […]

Coinbase CEO Brian Armstrong has unveiled an exciting new plan during the company’s recent earnings call. Armstrong hinted at the launch of a “Coinbase 500” crypto index fund, akin to the S&P 500, aimed at providing retail investors with diversified exposure to the crypto market. This development has fueled discussions in the crypto market, especially […]