More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin (BTC) surged to more than $35,000 in October, another record high for 2023. The year-long rally has been attributed to unconventional market trends, including excitement over the Bitcoin spot ETF applications pending with the Securities and Exchange…
Cryptocurrency exchange Coinbase said it’s prepared to move quickly if a spot Bitcoin ETF is approved soon, highlighting its poise during an earnings call on Thursday with investors and analysts. “We are ready to hit the ground running,” Coinbase COO Emilie Choi said. “They should add credibility to the market, and we should see increased liquidity and market stability, as…
Polygon, previously known as Matic network, is a well-established cryptocurrency that is recognized among crypto investors and enthusiasts. However, not as many people know that it is actually a layer-2 solution for another digital asset — Ethereum. Why is that important, you may ask? Well, for one, it makes this cryptocurrency more future-proof. According to the creator of Ethereum, Vitalik…
The recent surge in FTX claims is attributed to its early investment in AI companies, which have jumped in valuation. Source: https://cointelegraph.com/app/public/index.php/news/ftx-claims-reach-57-as-sam-bankman-fried-found-guilty-on-all-counts
After flying high the last few weeks, it now looks like Solana is headed back down to Earth. SOL is down almost 6% in the last 24 hours and is currently trading hands at around $39.82, per CoinGecko. The bearish move comes amid some hefty SOL transfers from FTX-linked Solana addresses, per data from Solana block explorer Solscan. In September,…
Following recent teasers, Epic Games announced today that the popular free-to-play battle royale shooter Fortnite is rewinding to its buzzy start with the new Chapter 4 Season OG launch. With Season OG, which is now live, Fortnite is bringing back the original island map from 2018, dropping up to 100 players into a battle to the death in a locale…
Web3 tools powered by layer-1 blockchain Solana are driving tangible returns and delivering deep customer data insights, according to prominent mainstream brands and companies that attended Solana Breakpoint. The four day conference hosted in Amsterdam in 2023 attracted a wide variety of businesses and projects from Web2, Web3 and traditional backgrounds. A prominent takeaway was adoption of Solana-based tools and…
2023 was anticipated to be the comeback year for Bitcoin. Experts predicted that the King of Crypto would soar to $50,000 or more, but it has only bounced back to about $26,000 since the bear market started in late 2021. Cointelegraph Markets Pro, despite the bearish trends ruling the space, has sent investors more than 150 winning alerts so far…
Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and will work to resolve the situation promptly. According to a statement made by the project on X (formerly Twitter), its teams are actively developing and remain committed to…
Looking at all the cryptocurrency in tracking sites like Coinmarketcap.com may leave most beginners confused at the number of tokens being offered to the public. Layer-1, layer-2, metaverse, DeFi, gaming, liquid staking, real world assets, memes and the like are like the toys in a large toy shop. Each has its own separate world. One of the more recent types…
