Altcoins

Ethereum L2s Show a Significant Drop in Transaction Fees After Dencun Upgrade
Blockchain

Ethereum L2s Show a Significant Drop in Transaction Fees After Dencun Upgrade

The Dencun upgrade went live on the Ethereum (ETH) network on March 13, which resulted in a significant decrease in the transaction fees on Layer-2 (L2) chains like Optimism, zkSync, Arbitrum, and Coinbase’s Base. Dencun is a scalability-focused upgrade on the Ethereum mainnet, with many considering it one of the most important upgrades since the […]

Mar. 14, 2024
Crypto Funds Surge To $2.5B Inflows Amid Growing Spot Bitcoin ETF Interest
Bitcoin

Crypto Funds Surge To $2.5B Inflows Amid Growing Spot Bitcoin ETF Interest

Crypto-derived exchange-traded products (ETPs) registered record inflows totaling $2.45 billion globally last week, according to CoinShares’ latest report. US-listed crypto ETPs, including the 10 approved spot Bitcoin ETFs, accounted for about 99% of the week’s inflows. This surge has propelled year-to-date inflows to digital asset investment products to a staggering $5.2 billion. Combined with recent […]

Feb. 20, 2024
Ethereum Surges Towards $3,000 As Trading Volume Hits 30-day Peak
Ethereum

Ethereum Surges Towards $3,000 As Trading Volume Hits 30-day Peak

Ethereum (ETH) price crossed the $2,900 milestone on Feb. 19, but increasing trading activity across the ETH spot markets could push it even further. After gaining 15.5% last week, ETH has shown a cumulative rally of 25% over the past three weeks. It also started this week with a 3.4% increase and was hovering around […]

Feb. 19, 2024
Crypto Crisis: Ethereum’s Dive Raises Questions in 2023
Bitcoin

Crypto Crisis: Ethereum’s Dive Raises Questions in 2023

Ethereum is riding the wave of a storm of backlash. It’s worth against BTC and Solana on Crypto X December 20, at essentially one-twentieth its value going into last year’s holidays. With declines like this, not seen since April 28 of last year, concerns have been voiced in the past about where Ethereum is headed–and […]

Dec. 21, 2023
Blockchain-Backed Loans Hit $582M, Doubling Yearly Figures
Blockchain

Blockchain-Backed Loans Hit $582M, Doubling Yearly Figures

Blockchain-based lending is rising, showing a significant uptick, with the value of active tokenized private credit reaching $582 million. This marks a whopping 128% increase from the figures recorded just a year ago, according to data from real-world asset loan tracker RWA.xyz. Despite falling from the $1.5B peak in June 2022, the resurgence reflects growing […]

Dec. 18, 2023
Bitcoin Funds Experience Weekly Outflows Of $111M, Highest Since March
Bitcoin

Bitcoin Funds Experience Weekly Outflows Of $111M, Highest Since March

Data from CoinShares revealed that digital asset investment products experienced outflows of $107 million in the past week ending August 4. Bitcoin (BTC) took center stage with outflows of $111 million. However, it is the largest weekly withdrawal of BTC since March of this year. In a report, James Butterful, head of research at CoinShares, […]

Aug. 9, 2023
Binance Introduces Launchpool Offering Two New Altcoins
Crypto

Binance Introduces Launchpool Offering Two New Altcoins

Binance continues to support innovative projects through the Launchpool platform. Binance has re­cently reveale­d its Launchpool for two new altcoins, Sei (SEI) and Cybe­rConnect (CYBER). This exciting initiative allows use­rs to actively participate in token raising by staking BNB, TUSD, and FDUSD. SEI, a layer 1 blockchain de­signed specifically for digital asset e­xchange, offers users […]

Aug. 1, 2023