The Open Network (TON), a layer-1 blockchain emerging from the ambitious plans of Telegram, is experiencing remarkable growth. Recently hitting the milestone of 100 million unique wallet addresses with non-zero balances, the platform has demonstrated a staggering 95% increase in active users since the beginning of the year. This rapid adoption can be attributed largely
As the digital landscape evolves, Solana has firmly established itself as a powerhouse blockchain in the gaming sphere. Known for its lightning-fast transactions and minimal fees, Solana is revolutionizing how gamers interact with digital applications. This analysis looks deeper into the innovations brought forth by Solana, illustrating how its unique ecosystem fosters immersive gaming experiences
In a significant move that reflects the ever-evolving landscape of cryptocurrency exchanges, Binance announced a series of changes affecting certain digital assets and language support on its platform. The exchange has decided to discontinue support for various cryptocurrencies, including Tornado Cash (TORN) and OMG Network (OMG), with plans to convert any remaining balances of these
On October 7, Bitget exchange faced a turbulent moment as its native token, BGB, experienced a staggering decline, plummeting from $1.15 to $0.5344 in a mere ten minutes. This sharp drop raised alarms among traders and investors alike, triggering a flurry of discussions about the stability and reliability of the exchange. At around 02:58 UTC,
The cryptocurrency market is no stranger to volatility. The recent approval of options for spot Bitcoin exchange-traded funds (ETFs) raises the stakes even further, suggesting a turbulent ride ahead for Bitcoin prices. In a recent discussion with Anthony Pompliano, Jeff Park, the head of Alpha Strategies at Bitwise Investments, illuminated the transformative potential these new
Bitcoin is currently grappling with significant resistance on the charts, particularly around the pivotal 200-day moving average—a technical indicator that traders often view as a benchmark for broader trends. Recently, the cryptocurrency found support at the $60,000 mark after dipping below $64,000. While some traders might find solace in this bounce, a closer examination reveals
In the rapidly evolving world of cryptocurrencies, few individuals have managed to leave as significant an imprint as Scott Matherson. As a leading crypto writer for NewsBTC, Scott brings a unique blend of market insight, technological understanding, and regulatory awareness to the table. His writing not only informs but also engages audiences, making complex crypto
The intersection of blockchain technology and the gaming industry is witnessing a seismic shift with the advent of Web3. This decentralized approach to gaming is not merely about entertainment; it is reshaping how players interact with virtual worlds and digital assets. Central to this transformation are gaming tokens, which facilitate in-game economies, governance participation, and
As the cryptocurrency market continues to evolve, Bitcoin remains a focal point for investors and analysts alike. One prominent crypto analyst, Ash Crypto, has recently articulated a compelling case for Bitcoin’s price reaching an extraordinary $100,000 by the end of this year. This sentiment is backed by insights from several financial institutions, including Standard Chartered,
Semilore Faleti has carved a niche for himself in the rapidly evolving landscape of cryptocurrency journalism. His expertise stems not only from his dedication to understanding digital assets but also from a genuine passion for educating others about their transformative potential. Initially dabbling in various subjects, Semilore’s focus shifted significantly towards blockchain technology and cryptocurrencies—a
In recent developments, the world of football sponsorship has witnessed a significant transformation, particularly within the Premier League (PL). A report by Bloomberg highlights that clubs in the league have entered into unprecedented agreements amounting to $170 million with crypto companies for the upcoming 2024/25 season. This surge in crypto sponsorship comes as clubs are
The cryptocurrency market is a volatile haven, with Bitcoin often at the epicenter of market discussions. Investors and analysts alike constantly seek methods to predict price movements. One such method is the Wall Street Cheat Sheet, a diagram that outlines different phases of market cycles based on investor sentiment. Recently, a crypto analyst named Mags
Ethereum (ETH) finds itself navigating a pivotal stage in its trading journey, hovering approximately 11% beneath its recent peak value of around $2,730. This drop follows a notable 15% retreat from those local highs, raising questions about the future trajectory of this leading cryptocurrency. Despite the fluctuations, optimism permeates the investment community, largely stemming from
In an alarming trend for privacy-centric cryptocurrencies, a new report by Kaiko outlines that nearly 60 delistings of privacy tokens from centralized exchanges have taken place this year—a notable record since 2021. This surge in delistings prominently affected major privacy tokens such as Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash
Shiba Inu (SHIB), one of the most prominent figures in the meme coin category, has recently exhibited noteworthy price fluctuations. After a challenging start to October, when SHIB saw a dip in value, the token managed to gain traction, experiencing a 4% increase. This recovery has sparked a wave of optimism among enthusiasts, with some
Metaplanet, a Tokyo-listed company often dubbed as Japan’s equivalent of MicroStrategy, is making waves in the cryptocurrency market with its increasing Bitcoin acquisitions. Recently, the firm showcased its unwavering confidence in Bitcoin by acquiring an additional 108.786 Bitcoins for approximately 1 billion yen, highlighting its aggressive investment strategy. This bold move aligns with the broader
On the morning of October 7, the cryptocurrency market witnessed an unforeseen event: Bitget’s BGB token experienced a staggering 50% drop, plunging from $1.14 to $0.64 within a matter of moments. Such dramatic fluctuations in the value of crypto assets aren’t new, yet the speed and intensity of this particular crash caught many investors off-guard.
Recent announcements by the Hong Kong Securities and Futures Commission (SFC) suggest a pivotal transition in the region’s approach to cryptocurrency regulation. According to a report from Hong Kong 01 on October 7, the SFC aims to issue additional licenses to cryptocurrency businesses by the end of the year. This initiative follows the recent approval
In a significant legal development for the cryptocurrency industry, TrustToken and TrueCoin, the entities responsible for the TrueUSD (TUSD) stablecoin, have recently finalized a settlement with the U.S. Securities and Exchange Commission (SEC). This settlement arises from serious allegations of fraudulent practices and the unregistered sale of investment contracts related to TUSD. By agreeing to
Opeyemi’s journey into the cryptocurrency world is a testament to how life can sometimes lead us to opportunities we never anticipated. Two years ago, he took a leap into the complex ecosystem of digital assets not out of an initial passion, but rather due to curiosity. This curiosity evolved into a profound commitment, transforming Opeyemi
As reported in the latest cybersecurity analysis, the third quarter of 2024 marks a significant drop in the number of hacking incidents, with only 28 breaches recorded—the lowest number in three years. While this reduction is a positive sign, amounting to a decrease in the frequency of cybercrime, the overall financial implications are dire. Approximately
Semilore Faleti has carved out a remarkable niche as a cryptocurrency writer, focusing on the complex realms of blockchain technology and digital assets. Like many in the field, Semilore’s journey did not begin in the world of cryptocurrency. He ventured into writing across various topics before he realized that his true calling lay in addressing
In a groundbreaking move that acknowledges the growing intersection of faith and finance, Bybit has officially launched an Islamic crypto account aimed squarely at its Muslim clientele. Announced on September 24, CEO Ben Zhou heralded this initiative as the world’s first Shariah-compliant crypto account. As cryptocurrency increasingly finds its way into various aspects of daily
The past week has marked a significant shift in the market dynamics surrounding U.S. spot Bitcoin exchange-traded funds (ETFs). What was once a promising trajectory of inflows, with over $1.1 billion being attracted in just five trading days, came to a crashing halt. The immediate cause of this downturn appears intertwined with rising geopolitical tensions
The gaming landscape continues to innovate and expand, particularly within the cryptocurrency realm, where games like Rocky Rabbit are taking center stage. The recent introduction of RabBitcoin (RBTC) tokens on The Open Network (TON) has sparked significant interest among players, especially following the much-anticipated airdrop. With the initial airdrop concluded, the developers of Rocky Rabbit
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) took a significant step in its regulatory journey by unveiling updated Anti-Money Laundering (AML) regulations aimed at enhancing the oversight of Virtual Asset Service Providers (VASPs). This move signals a robust response to the increasing complexity and risks associated with digital assets, particularly as they have become
Wrapped Bitcoin (WBTC) emerges as a pivotal player in the world of tokenized assets, particularly in decentralized finance (DeFi). Developed collaboratively by industry leaders such as BitGo, Kyber Network, and Ren, WBTC serves as a 1:1 representation of Bitcoin on blockchains like Ethereum and Solana. This innovation allows Bitcoin holders to leverage their assets in