April 12, 2024

Leading Blockchain Platforms Based on Daily Active Users (DAUs)

For cryptocurrency investors, Daily Active Users (DAUs) serve as a crucial metric akin to customers. A substantial or rapidly growing DAU count signifies a blockchain’s scalability and potential as an excellent investment opportunity. Conversely, a low or declining DAU count over time suggest...

#.blockchain #DAU #NEWS

Read More

April 11, 2024

Bitcoin Mining Difficulty Hits Record High as Halving Nears

The Bitcoin mining difficulty has surged by 3.9%, reaching an all-time high just before the highly anticipated halving event, expected to occur on April 20. The latest adjustment, recorded at block height 838,656, saw the difficulty level reach an unprecedented 86.39 trillion. As reported by The Bl...

#Bitcoin Mining #CRYPTOCURRENCY #Halving #NEWS

Read More

April 10, 2024

Spot Bitcoin ETFs Trading Volume Surpasses $200 Billion Mark

In a remarkable display of growth, the cumulative trading volume for U.S. spot Bitcoin exchange-traded funds (ETFs) has surged past the $200 billion mark. This milestone was achieved in less than three months following the Securities and Exchange Commission’s approval for ETFs from financial ...

#BITCOIN #Bitcoin ETF #CRYPTOCURRENCY #NEWS

Read More

April 09, 2024

Crypto Inflows Soar as Confidence in Digital Assets Strengthens

The digital asset market has demonstrated remarkable resilience and growing confidence, as seen in a significant surge in crypto inflows, which reached a staggering $646 million in the last week alone, according to a recent report from CoinShares. This surge brings the year-to-date inflows to an un...

#BITCOIN #CoinShares #CRYPTOCURRENCY #NEWS

Read More

April 05, 2024

Ethereum ETFs: JP Morgan Shares Its Optimic Stance

In a significant development for cryptocurrency enthusiasts and investors, the U.S. Securities and Exchange Commission (SEC) is moving closer to a decision on approving spot Ethereum exchange-traded funds (ETFs). Despite some uncertainty surrounding these financial products, industry experts are ca...

#CRYPTOCURRENCY #Ethereum ETF #JP Morgan #NEWS

Read More

April 04, 2024

Ripple Set to Unveil USD-Pegged Stablecoin on XRP Ledger and Ethereum

Ripple, a major player in the blockchain and cryptocurrency sector, has unveiled plans to introduce a U.S. dollar-pegged stablecoin. This new digital currency will be integrated initially on two prominent blockchain platforms: the XRP Ledger and Ethereum. Monica Long, Ripple’s President, expr...

#CRYPTOCURRENCY #NEWS #RIPPLE #Stablecoin

Read More

April 03, 2024

KuCoin Market Share and Trading Volume Plunge Amid Legal Charges

Popular cryptocurrency exchange KuCoin has experienced a significant downturn in its market share and daily trading volume. This comes in the wake of charges by the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC), alleging violations of anti-money laundering law...

#CRYPTOCURRENCY #KuCoin #NEWS

Read More

April 02, 2024

Crypto Inflows Sees Notable Resurgence Amidst Volatility

In a noteworthy development, investment products in the digital asset sector have seen a remarkable increase in funding, with crypto inflows reaching $862 million last week, as per CoinShares’ latest report. This surge marks a substantial turnaround from the previous week’s record outfl...

#BITCOIN #Crypto Inflows #CRYPTOCURRENCY #NEWS

Read More

March 29, 2024

Bitcoin Futures Trading Soars to New Heights

In a significant show of confidence, Bitcoin futures’ open interest has reached an all-time high, indicating a surge in trading activity for the world’s leading cryptocurrency. Data from CoinGlass shows that the total open interest for Bitcoin futures hit an unprecedented $38 billion la...

#Bitcoin Futures #CRYPTOCURRENCY #NEWS #Open Interest

Read More