During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $ 100,000 mark for the first time in history. Two weeks later, its value climbed past the $ 108,000 range. Meanwhile, 139 long-dormant bitcoin wallets, created between 2010 and 2017, stirred back to life …
Solcex Soars Fueled by the Latest Features, Partnerships, and Expected Future Innovations
PRESS RELEASE. Solcex, a popular centralized crypto exchange, has recently gained significant traction due to its impressive efforts to enhance the experience of crypto enthusiasts through its platform. The introduction of exciting new features, strategic partnerships, and anticipation of upcoming developments drive the surge in popularity. As a result of these advancements, the project has […]
Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus
Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ […]
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $ 2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $ 2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug. 18, 2024, the …
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well as […]