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On-chain data reveals that XRP spiked to $0.74 in just over an hour on March 11, marking its highest price level since November last year. Ripple (XRP) surged 20% following token withdrawals from Binance While the catalyst behind XRP's price action remains unclear, some have attributed it
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Bloomberg analysts have reduced their prediction of the likelihood of an Ethereum spot ETF approval in May to just 35%. Amid a heated cryptocurrency market fueled by inflows into Bitcoin spot ETFs, the community is increasingly hopeful for SEC approval of an Ethereum spot ETF by May. However, as the
NFT & GameFi
Tokens linked to gaming titles like Pixels, Parallel, and Beam saw significant gains last weekend, outpacing Bitcoin's fluctuations. GameFi tokens surged as Bitcoin nears $70,000. Image: Techopedia Looking at the charts last weekend, a sea of green dominated the game token and specialized blockchain sectors for web3
NFT & GameFi
Kevin Rose, co-founder of the Moonbirds NFT collection, has liquidated over $1.3 million worth of high-value NFTs and also personally revoked ownership of two of his ENS domains. Moonbirds co-founder Kevin Rose is selling off his NFT collection, having sold 328.92 ETH worth of NFTs in the past
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Bitcoin's surge above $72,000 has propelled its market capitalization to $1.4 trillion, surpassing Silver to become the world's 8th largest asset. Bitcoin Hits New High at $72,200, MicroStrategy Buys Additional 12,000 BTC Not content with the $69,990 mark set just 2
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In less than two months since its launch, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more Bitcoin (BTC) holdings than MicroStrategy. ETF of BlackRock Holds More Bitcoin Than MicroStrategy. Image: Unchained Crypto According to BitMEX Research data as of March 8, the BlackRock Bitcoin spot ETF, IBIT, holds 198,
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As the cryptocurrency market enters a bullish phase with Bitcoin reaching ATH, many billionaires and investment experts are shifting their stance to support BTC. Most recently, billionaire investor Bill Ackman garnered attention by envisioning a significant rise in BTC price. On his former Twitter account, Bill Ackman predicted: "Imagine
defi
MakerDAO, the organization behind the DAI stablecoin, has approved a proposal to raise the DAI Savings Rate (DSR) to 15%. This proposal was passed through a vote and will officially be implemented on the Maker protocol in the early hours of March 11. The latest Executive Vote has just been
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The rapid surge in ETH prices and the bustling memecoin trading activity have led to continuously escalating transaction fees on the Ethereum network. Ethereum burns nearly $600 million in ETH fees in the last 30 days. Image: Decrypt According to statistics from multiple sources, transaction gas fees on Ethereum have
defi
The decentralized stablecoin project Ethena (USDe) has generated significant profits by shorting ETH futures and leveraging the rising funding rates over the past two weeks. Just two weeks after launching its mainnet, Ethena, which issues the decentralized stablecoin USDe on Ethereum, has amassed over $4 million for its treasury. This
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After six months of deploying the inEVM testnet, Injective has officially released the mainnet for this layer-2 solution. Injective Launches Mainnet for inEVM Layer-2. Image: Blockworks In an announcement on the evening of March 7th, the Cosmos-based layer-1 blockchain Injective began rolling out the inEVM layer-2 mainnet. The company positions
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On the evening of March 7th, Optimism announced its plan to sell OP tokens to private investors, a move that quickly sparked mixed reactions within the community. Optimism continues to sell 19.5 million OP tokens to private investors The latest update shared with the community by Optimism on the