The price of bitcoin dipped to $ 58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $ 60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin Reclaims $ 60K After Market …
On Aug. 5, 2024, global crypto trade volume surpassed $ 200 billion, and current 24-hour statistics show approximately $ 148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $ 1.2 billion over the past day. Binance CEO …
This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June 30, 2024, the probability has […]
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $ 100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by the substantial …
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team plans to integrate into the Yuga framework. Moonbirds NFT […]