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Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape
The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023 analysis examines Ethereum, BNB Chain, Bitcoin, and layer two (L2) solutions, along with widely-used dapps such as Aave and Uniswap. The […]
Google Revises Guidelines To Allow Bitcoin ETFs To Advertise Their Products
Today, Google has revised its advertising guidelines, now permitting cryptocurrency trusts, such as Bitcoin Exchange-Traded Funds (ETFs), to promote their products. Spot Bitcoin ETF issuers such as BlackRock and Franklin Templeton have wasted no time in marketing their funds, with advertisements already starting to emerge. This revision comes at an interesting time as the discussion […]
Solana Price Prediction as Jupiter DEX Surpasses Uniswap – A New High for SOL Incoming?
Solana (SOL) price predictions have sudden become much more bullish in wake of the cryptocurrency breaking above key technical resistance levels, and amid a surge in on-chain activity that saw Solana’s largest decentralized exchange (DEX) Jupiter surpass Uniswap in terms of 24-hour trading volume over the weekend. The Solana price moved back above $100 on […]
DOGE and SHIB Price Analysis for January 29
Can meme coins withstand market correction?
The Sui TVL Increases Meteorically: Temporarily Top 10, Surpassing Bitcoin and Cardano
TL;DR Unstoppable Token Growth: Sui has seen a 350% increase in its native token, reaching $1.46 in just three months, standing out in the market. Brief Assault on the Top 10: The project temporarily achieved the tenth position on TVL, surpassing Bitcoin and others, on January 27, marking a milestone in its rise in the […]
Hong Kong sets licensed crypto exchange insurance requirement to 50%
Firms must provide insurance to protect users’ assets in addition to undergoing rigorous audits. Hong Kong’s Securities and Futures Commission has set a minimum insurance requirement of 50% for licensed crypto exchanges handling customers’ assets. As disclosed by OSL Exchange last week, the 50% insurance coverage minimum applies to all assets under custody. At the […]
Beyond iPhone: Experts grapple with Apples’ future in our AI-powered world
The Cupertino company may need another iPhone moment if it continues to fall behind in the AI race. The two companies have been ping-ponging first and second place since mid 2023 when Microsoft briefly surpassed Apple as world’s most valuable company for the first time that year. While second place is still pretty good — […]
Hong Kong to Strenghten OTC Crypto Market Regulation
Hong Kong will now focus on regulating over-the-counter (OTC) cryptocurrency trading, according to local sources. Under Secretary for Financial Services and the Treasury Joseph Chan Ho-lim stated that the government will aim to mitigate the risks of virtual assets amidst the rising interest of mainland investors using the city as a bridge to invest in […]
Global Bitcoin ETP holdings over 900,000 BTC as Grayscale outflows ‘subside’
Crypto investment products saw their second consecutive week of outflow this year, with $500 million leaving the funds, according to CoinShares’ latest weekly report. Bitcoin dominate Bitcoin investment products experienced significant outflows last week, with a total withdrawal of $479 million. The top cryptocurrency has faced significant headwinds since the U.S. Securities and Exchange Commission […]