In an intriguing development within the cryptocurrency world, Solana, a well-known layer 1 blockchain, has taken the lead in on-chain financial activity. This was evident as Solana’s total transaction fees soared by almost 400%. As a result, Solana outpaced BNB Chain and Tron in terms of transactional fees accumulated. Nevertheless, Ethereum continues to dominate the … Read more
The story of FTX’s cryptocurrency exchange collapse in November 2022 and the ensuing trial of its CEO, Sam Bankman-Fried, continues to astonish many due to the significant financial losses sustained. These losses pushed FTX to record lows not seen in a month. The failure of Terra’s algorithm stablecoin before FTX’s collapse amplified the market effects. … Read more
France has emerged as a leading player in the European cryptocurrency scene, strengthening its role as a major player within the European Union. The Circle Forum and Paris Blockchain Week highlighted France’s vibrant crypto industry, filled with innovative startups and enterprising entrepreneurs. The country boasts a thriving developer community, with many successful crypto businesspeople spurring … Read more
Shytoshi Kusama, the enigmatic figure within the Shiba Inu community, recently spoke out about the latest significant partnership initiated by SHIB. During the past week, members of the SHIB community have managed to destroy hundreds of millions of meme coins by burning them. Shytoshi Kusama’s important message The mysterious head of SHIB has spoken out … Read more
A mysterious transaction worth approximately $351 million in 5,000 Bitcoins has recently taken place, piquing the curiosity of those following the cryptocurrency market. The significant bitcoin transaction has piqued interest since the price stayed constant around $70,000 following its ups and downs throughout the week. According to the crypto data monitor Whale Alert, a transaction … Read more
Due to the recent increase in popularity of memecoins, experts and investors are devising plans for capitalizing on this trend and formulating strategies despite market instability. A memecoin investor publicly disclosed his trading tactics and provided a list of potential memecoins for interested users. A successful trader named Rekt Fencer, known for amassing fortunes by … Read more
According to sources familiar with the situation, Hong Kong is reportedly close to giving the green light for its first Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). A final decision could be made as soon as Monday, Bloomberg reports. This development signifies Hong Kong’s significant role in the Asian cryptocurrency market and its determination … Read more
According to IntoTheBlock’s report, Litecoin (LTC) has made history by surpassing five million long-term holders. Approximately 62.5% of all LTC wallets with a balance belong to this category. This development signifies a substantial moment for the cryptocurrency, showcasing its extensive usage and lasting potential. In the past few months, there has been a significant increase … Read more
The excitement surrounding meme coins on the Solana (SOL) blockchain may be transitioning back to Ethereum (ETH), following a significant profit-making trade on Ethereum. As reported by crypto analysis platform Lookonchain, a trader realized a massive 69,300% return on an investment, sparking renewed enthusiasm for the Ethereum ecosystem. In just one month as mentioned in … Read more
According to reports, Hong Kong is close to reaching a major development in the world of cryptocurrencies. It seems that authorities are on the verge of giving the green light for the trading of spot exchange-funded trusts investing in Bitcoin (BTC) and Ethereum (ETH) directly. Sources familiar with the matter suggest that this approval could … Read more