On November 12, the Ethereum Foundation—a key player in the blockchain ecosystem—made headlines by selling 100 ETH for an impressive 334,315.7 DAI. This transaction marks the foundation’s first Ethereum sale since unveiling its 2024 financial report just days prior. The sale highlights a strategic approach to managing the foundation’s assets, as it appears that the
Crypto
The cryptocurrency market witnessed an electrifying surge this past week, leading with Bitcoin as it propelled itself to unprecedented heights. In a historic moment, Bitcoin skyrocketed to $90,000, a level it had never before reached, bringing fresh vigor to an industry that had been teetering on uncertainty. The pivotal moment in this rally can be
This past week has marked a significant turning point in the cryptocurrency realm, as digital assets have experienced unprecedented growth. Leading this charge is Bitcoin, the most established cryptocurrency, which reached new heights and contributed to a staggering total market capitalization that breached $3.1 trillion. This surge not only highlights the growing adoption of cryptocurrencies
Ripple, known for revolutionizing cross-border payments through its blockchain technology, has embarked on a new venture by introducing RLUSD, a stablecoin expected to launch subject to regulatory approval. Set to be pegged 1:1 with the US dollar, the RLUSD aims to integrate seamlessly with not only the XRP Ledger (XRPL) but also Ethereum. As the
In the ever-evolving financial landscape, cryptocurrencies like Bitcoin (BTC) are gaining unprecedented attention. A recent analysis by the New York Digital Investment Group (NYDIG) underscores an emerging viewpoint: for investors, being without Bitcoin may soon transform from a choice into a liability. As we stand on the precipice of significant regulatory change in the U.S.,
The world of cryptocurrency is on the brink of a transformative phase, particularly regarding exchange-traded funds (ETFs). Industry analysts, notably Nate Geraci, are forecasting a wave of new spot crypto ETF filings. This development is expected to include significant digital assets like Ripple (XRP), Solana (SOL), and Cardano (ADA). The forecast comes closely after the
The cryptocurrency markets experienced a significant upward swing over the weekend, with altcoins enjoying substantial gains as Bitcoin soared past the $81,000 mark, reaching unprecedented price levels. This surge can be attributed to several impactful developments, most notably Donald Trump’s decisive victory in the recent U.S. presidential elections and a 25 basis point cut in
The cryptocurrency market, often characterized by its volatility and unpredictability, has seen a notable resurgence in interest, particularly in the realm of meme coins. Among these, Shiba Inu (SHIB) has emerged as a standout, capturing the attention of investors and enthusiasts alike. In recent weeks, the price of SHIB has surged by over 50%, reaching
In the constantly evolving landscape of Web3, Animoca Brands has emerged as a formidable force, especially in October when it led the way with its investment activities. Based in Hong Kong, the company made a total of nine strategic investments, establishing itself clearly ahead of other notable players in the industry. For context, competitors such
In the ever-evolving world of non-fungible tokens (NFTs), the CryptoPunks collection has captured significant attention recently, marking its steady return to dominance despite a challenging market environment. As the year progresses, CryptoPunks appears to be reclaiming its status, holding a remarkable 30.9% share in the NFT marketplace, according to data from CoinGecko. This resurgence is