DOGE dumped under $0.27 and XRP went below $2 during the correction. TL:DR; Investors with lots of conviction for certain assets tend to utilize deep corrections to stack more of those coins, and this seems to be the case in regards to the two of the largest cryptocurrencies – DOGE...
This Meme Coin Jumps by 50% Following Further Support From Binance
The exchange listed CAT with a seed tag. TL;DR Binance expanded support for Simon’s Cat (CAT) by including it in multiple trading programs. The token reacted to the news with a rapid price increase. The Binance-Fueled Pump The world’s biggest cryptocurrency exchange recently added further support for the meme coin...
USDT Transfer Volume on TRON Reaches All-Time High of $587.2B
TRON surged past dips in mid-2024 to achieve a record-breaking USDT transfer volume in November as stablecoin demand grew globally. The TRON blockchain has achieved a remarkable feat, processing $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September...
Everything You Need to Know About Avalanche9000 Network Upgrade with Etna on Mainnet
Avalanche9000 introduces customizable staking, gas fees, tokens, and geo-restrictions, offering developers more control over their Layer 1 blockchains. The Avalanche Foundation has launched its most significant network upgrade to date, Avalanche9000, introducing the Etna upgrade to its mainnet. It marks a fundamental shift in the Avalanche ecosystem by simplifying the...
Lido Announces Phase-Out of Polygon Liquid Staking Protocol After Community Vote
Lido's liquid staking on Polygon will end in 2025. Lido, the prominent liquid staking protocol, has announced the discontinuation of its liquid staking protocol on Polygon, marking the end of its operations over the coming months. Following extensive discussions on the DAO forum and a community vote, LDO token holders...
sBTC Launches on Stacks Mainnet With Deposit-Only Functionality
The initial launch will allow deposit-only functionality with multiple features expected to follow in the first half of 2025. Bitcoin L2 Labs, the development firm behind Bitcoin layer-2 Stacks, has announced the mainnet release of sBTC, Stacks’ programmable 1:1 BTC-backed asset. sBTC allows the decentralized movement of BTC in and...
This Altcoin Exploded by 300% After Changpeng Zhao (CZ) Tweeted About It
CZ's post on Travala sparked a massive rally, driving AVA's price to new highs amid strong trading activity. A recent endorsement by former Binance CEO Changpeng Zhao (CZ) of the blockchain-driven travel platform Travala has skyrocketed its AVA token by more than 300% in the last 24 hours. The surge...
Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024: Report
While Solana attracted more new developers, Ethereum retained its lead in monthly activity and code commits. Electric Capital’s 2024 Developer Report has revealed that for the first time since 2016, Solana outpaced Ethereum as the leading blockchain ecosystem for attracting new developers. The breakthrough highlights Solana’s rapid growth, with 7,625...
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Aptos ranked as the second-fastest growing ecosystem with a 96% increase in developer activity between Q3 2023 and Q4 2024. Hunter Horsley, CEO of Bitwise, announced that a Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP. In a tweet, Horsley stated that the adoption...
Whale and Shark Activity Pushes Chainlink (LINK) Past $29 For the First Time in 37 Months
Chainlink's price surge coincides with a record $770M Futures OI. Chainlink (LINK) has recently surpassed the $29 mark for the first time in 37 months. Over the past week, the native token of the decentralized oracle network posted a 21% gain. As a result, LINK has emerged as one of...