• 30 May, 2024

Daily Archives: May 9, 2024

News
Ethereum Layer 2s Surge in Popularity with Affordable Transactions

Ethereum Layer 2s Surge in Popularity with Affordable Transactions

According to data shared by IntoTheBlock, Ethereum’s Layer 2 networks are redefining blockchain efficiency and scalability. Among the standout platforms

News
Trump to Accept Crypto Donations, Mocks Biden on Crypto Knowledge

Trump to Accept Crypto Donations, Mocks Biden on Crypto Knowledge

Aligning with his pro-crypto sentiment, Donald Trump, the Republican presidential candidate for the upcoming U.S. elections in November 2024, declared

Market News
Bitcoin is Enduring Less Severe Corrections in Latest Cycle

Bitcoin is Enduring Less Severe Corrections in Latest Cycle

Bitcoin has proven itself time and time again as an asset that is super resilient over economic cycles. Data from

Market News
Chainlink’s Positive Trend Against Bitcoin Highlights Market Strength

Chainlink’s Positive Trend Against Bitcoin Highlights Market Strength

Chainlink is currently experiencing a significant upward trend against Bitcoin, showcasing its strength as one of the leading assets in

Market News
BTC Struggles to Maintain $61K as Technical Indicators Suggest Downward Pressure

BTC Struggles to Maintain $61K as Technical Indicators Suggest Downward Pressure

Bitcoin (BTC) is currently facing a critical moment, with its price fluctuating around the $61,000 mark, threatening to break below

News
Shiba Eternity Launch Approaches as Shib Ecosystem Set for X Space Debut

Shiba Eternity Launch Approaches as Shib Ecosystem Set for X Space Debut

The meme coin, Shiba Inu, disclosed that soon it would launch a play-to-earn collectible card game called Shiba Eternity. The

Market News
Bitcoin’s Battle: Can BTC Break Through $61,500 Resistance?

Bitcoin’s Battle: Can BTC Break Through $61,500 Resistance?

Bitcoin’s current price movement indicates a familiar retracement pattern, suggesting a temporary dip before potential upward momentum resumes. The presence

News
Ethereum’s “Ultra Sound” Money Narrative Faces Challenge Post-Dencun Upgrade

Ethereum’s “Ultra Sound” Money Narrative Faces Challenge Post-Dencun Upgrade

Julio Moreno, the Head of Research at CryptoQuant, has highlighted a pivotal shift in Ethereum’s economic model following the recent

News
VanEck Launches Innovative Meme Coin Index to Navigate Crypto Trends

VanEck Launches Innovative Meme Coin Index to Navigate Crypto Trends

VanEck, a renowned investment management firm, has introduced a Meme Coin Index on its Marketvector platform, signaling a strategic move

Market News
Spent Output Value Bands Reveal Key Bitcoin Transaction Patterns

Spent Output Value Bands Reveal Key Bitcoin Transaction Patterns

Analyzing Bitcoin transactions reveals that an increase in Bitcoin’s price often corresponds with a surge in large transactions. This pattern

News
Biden Supports SEC’s Regulation While Trump Welcomes Crypto Donations

Biden Supports SEC’s Regulation While Trump Welcomes Crypto Donations

On May 8, the US House of Representatives passed a bill (H.J. Res 109) that would overturn SEC Staff Accounting

Market News
Breaking Down XRP’s Battle: Will Bulls Prevail Above 0.57 Cent Mark?

Breaking Down XRP’s Battle: Will Bulls Prevail Above 0.57 Cent Mark?

Ripple’s XRP has been subject to intense scrutiny and speculation. Traders and investors are closely monitoring key indicators to gauge