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A guide to Cryptocurrencies, Technology and the Blockchain Economy #cryptocurrency #blockchain #fintech
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How to Earn Crypto Rewards? Top 7 Staking Platforms in 2024
One of the most trending ways for investors to generate passive income in the year 2024 has to do with cryptocurrency staking The whole concept of staking was empowered with the introduction of Proof of Stake and its variants. As a result, staking platforms started mushrooming, proffering a wide array of benefits and features.
With the right kind of platform, your earnings could go up substantially apart from making the whole staking process easier. In this article, we will look into the top 7
With the right kind of platform, your earnings could go up substantially apart from making the whole staking process easier. In this article, we will look into the top 7
IntelMarkets (INTL): Exchange Platform for Trading Over 100,000 Crypto Assets With Advanced AI
One of the critical challenges in the DeFi world is the lack of diverse asset pairs. Established trading platforms typically list popular cryptocurrencies, failing to meet the evolving needs of traders. The solution? IntelMarkets (INTL).
This new player will combine artificial intelligence with blockchain technology and DeFi. Its unique offering will be an AI-powered trading platform where thousands of crypto assets can be traded with advanced AI, from popular pairs to emerging coins and niche
This new player will combine artificial intelligence with blockchain technology and DeFi. Its unique offering will be an AI-powered trading platform where thousands of crypto assets can be traded with advanced AI, from popular pairs to emerging coins and niche
DegenLayer Introduces The First Memecoin Focused Blockchain
Luxembourg, Luxembourg, November 21st, 2024, Chainwire
DegenLayer, a newly launched memecoin focused blockchain & trading terminal app suite, has announced its testnet release, marking a key step toward its upcoming mainnet launch. The platform aims to facilitate zero setup memecoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem.
The project’s developers project daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200
DegenLayer, a newly launched memecoin focused blockchain & trading terminal app suite, has announced its testnet release, marking a key step toward its upcoming mainnet launch. The platform aims to facilitate zero setup memecoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem.
The project’s developers project daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200
CHILLGUY (CHILLGUY) Token Surges Past $500M Market Cap on Solana Network
TLDR
CHILLGUY token, based on a viral TikTok meme, reached $500M market cap
One trader turned $1,000 into over $1 million within a week
MoonPay reported record-breaking Solana transactions during the surge
Original artist Phillip Banks publicly opposed the crypto project
Multiple derivative tokens and NFT collections emerged despite artist’s disapproval
The cryptocurrency market has witnessed another remarkable story of rapid growth as CHILLGUY, a new token based on a viral TikTok meme, re
CHILLGUY token, based on a viral TikTok meme, reached $500M market cap
One trader turned $1,000 into over $1 million within a week
MoonPay reported record-breaking Solana transactions during the surge
Original artist Phillip Banks publicly opposed the crypto project
Multiple derivative tokens and NFT collections emerged despite artist’s disapproval
The cryptocurrency market has witnessed another remarkable story of rapid growth as CHILLGUY, a new token based on a viral TikTok meme, re
Cardano (ADA) Price Breaks $0.80 Mark Amid Massive Whale Activity
TLDR
ADA price has surged to $0.837, marking its highest point in 2024
Large transaction volume spiked 297% in two weeks, reaching $22.56 billion
Futures Open Interest hit $735 million, highest since November 2021
Whale transactions increased 145% over the past month
Cardano’s DeFi TVL approaching all-time high at $490.7 million
Cardano (ADA) has marked a notable milestone in 2024, with its price reaching $0.80, representing its highest level since May 2022.
The digital asset has shown re
ADA price has surged to $0.837, marking its highest point in 2024
Large transaction volume spiked 297% in two weeks, reaching $22.56 billion
Futures Open Interest hit $735 million, highest since November 2021
Whale transactions increased 145% over the past month
Cardano’s DeFi TVL approaching all-time high at $490.7 million
Cardano (ADA) has marked a notable milestone in 2024, with its price reaching $0.80, representing its highest level since May 2022.
The digital asset has shown re
SEC Releases $4.6M to BitClave ICO Investors Following 2020 Settlement
TLDR
BitClave to pay $29M in settlement with SEC over 2017 ICO
$4.6M distributed to investors as of November 2024
Original ICO raised $25.5M in 32 seconds
Only $12M paid to Fair Fund as of February 2023, leaving $7.4M discrepancy
BitClave agreed to destroy uncirculated tokens and seek exchange delistings
The U.S. Securities and Exchange Commission (SEC) has begun distributing $4.6 million to investors who participated in BitClave’s 2017 initial coin offering (ICO). This distribution marks
BitClave to pay $29M in settlement with SEC over 2017 ICO
$4.6M distributed to investors as of November 2024
Original ICO raised $25.5M in 32 seconds
Only $12M paid to Fair Fund as of February 2023, leaving $7.4M discrepancy
BitClave agreed to destroy uncirculated tokens and seek exchange delistings
The U.S. Securities and Exchange Commission (SEC) has begun distributing $4.6 million to investors who participated in BitClave’s 2017 initial coin offering (ICO). This distribution marks
Dogecoin Experiences 2.5% Weekly Decline Following Three-Year High
TLDR
Dogecoin price dropped to $0.38, showing a 2.5% decline since last Wednesday after hitting a three-year high of $0.43
New meme coin “Just a Chill Guy” (CHILLGUY) surged 400% in one day, reaching $408 million market cap
Other dog-themed tokens (SHIB, BONK, WIF) are down, except FLOKI which rose 15% after Coinbase listing
Mining expert suggests miners are selling DOGE holdings while profitable
Despite recent dip, Dogecoin still up 163% over 30 days with $55 billion market cap
Dogecoin,
Dogecoin price dropped to $0.38, showing a 2.5% decline since last Wednesday after hitting a three-year high of $0.43
New meme coin “Just a Chill Guy” (CHILLGUY) surged 400% in one day, reaching $408 million market cap
Other dog-themed tokens (SHIB, BONK, WIF) are down, except FLOKI which rose 15% after Coinbase listing
Mining expert suggests miners are selling DOGE holdings while profitable
Despite recent dip, Dogecoin still up 163% over 30 days with $55 billion market cap
Dogecoin,
Trump Administration Plans First White House Cryptocurrency Policy Position
TLDR
Trump’s team is considering creating first-ever White House crypto policy position
Cardano founder Charles Hoskinson endorses Coinbase CEO Brian Armstrong for the role
Trump has pledged pro-crypto reforms and plans to replace SEC Chair Gary Gensler
Crypto industry leaders are meeting at Mar-a-Lago to discuss the position
Hoskinson announced plans to advise lawmakers on crypto regulations in Washington
The incoming Trump administration is making preparations to establish the first-ever
Trump’s team is considering creating first-ever White House crypto policy position
Cardano founder Charles Hoskinson endorses Coinbase CEO Brian Armstrong for the role
Trump has pledged pro-crypto reforms and plans to replace SEC Chair Gary Gensler
Crypto industry leaders are meeting at Mar-a-Lago to discuss the position
Hoskinson announced plans to advise lawmakers on crypto regulations in Washington
The incoming Trump administration is making preparations to establish the first-ever
xAI Raises $5 Billion, Reaches $50 Billion Valuation in Latest Funding Round
TLDR
xAI raised $5 billion in new funding, reaching a $50 billion valuation
Major investors include Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, and Qatar’s sovereign wealth fund
Company previously raised $6 billion in May 2024
xAI launched Grok 2 in August with new image generation capabilities
Next version of Grok expected in December 2024
The artificial intelligence company xAI, founded by Elon Musk, has secured $5 billion in fresh funding, pushing its valuation to $50 b
xAI raised $5 billion in new funding, reaching a $50 billion valuation
Major investors include Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, and Qatar’s sovereign wealth fund
Company previously raised $6 billion in May 2024
xAI launched Grok 2 in August with new image generation capabilities
Next version of Grok expected in December 2024
The artificial intelligence company xAI, founded by Elon Musk, has secured $5 billion in fresh funding, pushing its valuation to $50 b
ETH Price: Network Activity Soars 38% as dApp Volumes Break Records
TLDR
Ethereum dApp volumes surged 38% in the last 30 days, reaching $3.54 billion
Daily unique active wallets increased to 78.53k
Gas usage is rising across DeFi, NFTs, and stablecoin transfers
ETH currently trading around $3,114 with key resistance at $3,200
Technical indicators show neutral conditions with RSI at 59.35
Ethereum’s decentralized application (dApp) ecosystem has demonstrated remarkable growth in November 2024, with transaction volumes reaching $3.54 billion and showing a 38
Ethereum dApp volumes surged 38% in the last 30 days, reaching $3.54 billion
Daily unique active wallets increased to 78.53k
Gas usage is rising across DeFi, NFTs, and stablecoin transfers
ETH currently trading around $3,114 with key resistance at $3,200
Technical indicators show neutral conditions with RSI at 59.35
Ethereum’s decentralized application (dApp) ecosystem has demonstrated remarkable growth in November 2024, with transaction volumes reaching $3.54 billion and showing a 38
Litecoin Price Holds Above $80 as Bulls Eye $88 Resistance
TLDR
Litecoin is currently consolidating above $80 support level
Price showing positive signs after testing $81.69 low
Key resistance levels at $86 and $88 need to be cleared for upward movement
Price experiencing resistance at the 100-hour Simple Moving Average
Risk of decline toward $75-$68 if $80 support breaks
Litecoin (LTC) is currently navigating a crucial period as the cryptocurrency maintains its position above the $80 support level while facing resistance near $88.
Recent price a
Litecoin is currently consolidating above $80 support level
Price showing positive signs after testing $81.69 low
Key resistance levels at $86 and $88 need to be cleared for upward movement
Price experiencing resistance at the 100-hour Simple Moving Average
Risk of decline toward $75-$68 if $80 support breaks
Litecoin (LTC) is currently navigating a crucial period as the cryptocurrency maintains its position above the $80 support level while facing resistance near $88.
Recent price a
Meme Token FLOKI Surges 15% Following Coinbase Listing Announcement
TLDR
Floki (FLOKI) to be listed on Coinbase on Thursday, with trading volume jumping 99.4% in 24 hours
Price up 15% in last 24 hours, reaching 5-month high
Token has gained over 600% in the past year
Meme coin market cap doubled since Trump’s November victory
DWF Labs launched $20 million fund focused on meme coins
Floki, the Ethereum-based meme coin inspired by Elon Musk’s pet dog, is experiencing heightened market activity following Coinbase’s announcement of its upcoming listing.
The e
Floki (FLOKI) to be listed on Coinbase on Thursday, with trading volume jumping 99.4% in 24 hours
Price up 15% in last 24 hours, reaching 5-month high
Token has gained over 600% in the past year
Meme coin market cap doubled since Trump’s November victory
DWF Labs launched $20 million fund focused on meme coins
Floki, the Ethereum-based meme coin inspired by Elon Musk’s pet dog, is experiencing heightened market activity following Coinbase’s announcement of its upcoming listing.
The e
Countries Begin Large-Scale Bitcoin Purchases, Reports Galaxy Digital CEO
TLDR
Multiple countries are buying Bitcoin in large volumes according to Mike Novogratz
Trump’s “Bitcoin president” statement has attracted international attention
Novogratz predicts Bitcoin could reach $500,000 with a US Strategic Reserve
Current Bitcoin price stands at $93,000
Younger generations prefer Bitcoin over gold as store of value
Mike Novogratz, CEO of Galaxy Digital Holdings, has revealed that several countries are currently purchasing Bitcoin in substantial amounts.
The annou
Multiple countries are buying Bitcoin in large volumes according to Mike Novogratz
Trump’s “Bitcoin president” statement has attracted international attention
Novogratz predicts Bitcoin could reach $500,000 with a US Strategic Reserve
Current Bitcoin price stands at $93,000
Younger generations prefer Bitcoin over gold as store of value
Mike Novogratz, CEO of Galaxy Digital Holdings, has revealed that several countries are currently purchasing Bitcoin in substantial amounts.
The annou
Tron Founder Acquires ‘Comedian’ Banana Art for Record Price
TLDR
Justin Sun purchased Cattelan’s “Comedian” banana artwork for $6.24M at Sotheby’s
The piece vastly exceeded its $1.5M pre-sale estimate
The artwork consists of a real banana taped to wall with instructions for replacement
Sun plans to eat the banana as a cultural statement
The sale occurred during a crypto market high with Bitcoin at $97,000
In a remarkable auction event at Sotheby’s New York, crypto entrepreneur Justin Sun purchased Maurizio Cattelan’s famous “Comedian” artwork for $
Justin Sun purchased Cattelan’s “Comedian” banana artwork for $6.24M at Sotheby’s
The piece vastly exceeded its $1.5M pre-sale estimate
The artwork consists of a real banana taped to wall with instructions for replacement
Sun plans to eat the banana as a cultural statement
The sale occurred during a crypto market high with Bitcoin at $97,000
In a remarkable auction event at Sotheby’s New York, crypto entrepreneur Justin Sun purchased Maurizio Cattelan’s famous “Comedian” artwork for $
SHIB Price: Shiba Inu Token Reports 2200% Increase in Burn Rate Amid Market Movement
TLDR
SHIB burn rate increased by 2200% in a single day, with 14.58 million coins destroyed
Total supply reduced to 589.26 trillion tokens after recent burns
50.06 million coins were burned in the past week
Monthly burn total reached 192.78 trillion tokens
Price currently at $0.00002386, showing 30% monthly gains despite 2% daily dip
The Shiba Inu (SHIB) ecosystem witnessed a dramatic increase in its token burn rate, jumping 2200% in a single day according to data released by Shibburn, the
SHIB burn rate increased by 2200% in a single day, with 14.58 million coins destroyed
Total supply reduced to 589.26 trillion tokens after recent burns
50.06 million coins were burned in the past week
Monthly burn total reached 192.78 trillion tokens
Price currently at $0.00002386, showing 30% monthly gains despite 2% daily dip
The Shiba Inu (SHIB) ecosystem witnessed a dramatic increase in its token burn rate, jumping 2200% in a single day according to data released by Shibburn, the
XRP Price Breaks $1.15 Barrier as Short Sellers Face $2.57M Liquidation Event
TLDR
XRP experienced a 454% liquidation imbalance favoring short squeezes
Price reached $1.15 during a 6.34% surge in four hours
$2.57 million in futures liquidations occurred, ranking 4th in crypto derivatives
Short positions made up 82.1% of all liquidations
Trading volume demonstrated that bearish traders fueled the upward price movement
A remarkable series of events unfolded in the XRP futures market today as the cryptocurrency registered an unprecedented liquidation imbalance, pushing
XRP experienced a 454% liquidation imbalance favoring short squeezes
Price reached $1.15 during a 6.34% surge in four hours
$2.57 million in futures liquidations occurred, ranking 4th in crypto derivatives
Short positions made up 82.1% of all liquidations
Trading volume demonstrated that bearish traders fueled the upward price movement
A remarkable series of events unfolded in the XRP futures market today as the cryptocurrency registered an unprecedented liquidation imbalance, pushing
Earn While You Hold: Coinbase’s New USDC Rewards Program
TLDR
Coinbase Wallet launches 4.7% APY rewards program for USDC holders
Program features monthly payouts with no lock-up periods
Available globally, including US rollout this week
Supports multiple blockchain networks (Base, Ethereum, Polygon, etc.)
Zero-fee transactions available on Base network
The cryptocurrency landscape saw a notable development this week as Coinbase Wallet announced the launch of its USDC Rewards program, offering users a 4.7% annual percentage yield (APY) on their U
Coinbase Wallet launches 4.7% APY rewards program for USDC holders
Program features monthly payouts with no lock-up periods
Available globally, including US rollout this week
Supports multiple blockchain networks (Base, Ethereum, Polygon, etc.)
Zero-fee transactions available on Base network
The cryptocurrency landscape saw a notable development this week as Coinbase Wallet announced the launch of its USDC Rewards program, offering users a 4.7% annual percentage yield (APY) on their U
BONK Surges to Record Highs on Major Exchange Listing, Reclaims Memecoin Crown
TLDR:
BONK reached new all-time high of $0.00006 after Upbit KRW listing
Flipped dogwifhat to become largest Solana memecoin by market cap ($4.15B+)
Trading volume exceeded $3.58B, ranking third among memecoins
Strong performance on major exchanges – outpacing SOL and ETH volume on Upbit
Futures open interest hit record $51M, showing increased trader interest
BONK has achieved several milestones following its Korean Won (KRW) trading pair listing on Upbit, South Korea’s largest cryptocurre
BONK reached new all-time high of $0.00006 after Upbit KRW listing
Flipped dogwifhat to become largest Solana memecoin by market cap ($4.15B+)
Trading volume exceeded $3.58B, ranking third among memecoins
Strong performance on major exchanges – outpacing SOL and ETH volume on Upbit
Futures open interest hit record $51M, showing increased trader interest
BONK has achieved several milestones following its Korean Won (KRW) trading pair listing on Upbit, South Korea’s largest cryptocurre
BTC Price Action: Historic Rally Pushes Bitcoin Near $100,000 Mark
TLDR
Bitcoin surpasses $97,000, reaching all-time highs and approaching $100,000 milestone
Rally attributed to Republican win and pro-crypto government stance
BlackRock’s IBIT options launch successful with $2 billion first-day milestone
Profit-taking occurring at current levels, with average November sellers at 60% profit
RSI indicates potential for continued upward momentum, currently at 74
Bitcoin reached new heights on Thursday, trading above $97,500 in early Asian hours as institution
Bitcoin surpasses $97,000, reaching all-time highs and approaching $100,000 milestone
Rally attributed to Republican win and pro-crypto government stance
BlackRock’s IBIT options launch successful with $2 billion first-day milestone
Profit-taking occurring at current levels, with average November sellers at 60% profit
RSI indicates potential for continued upward momentum, currently at 74
Bitcoin reached new heights on Thursday, trading above $97,500 in early Asian hours as institution
Arcana Network Launches the First Ever Chain Abstraction Wallet, Ushering a New Era of Multi-Chai...
Dubai, United Arab Emirates, November 21st, 2024, Chainwire
Arcana Network is thrilled to announce the launch of the Arcana Wallet Beta, now available on the Chrome Store, setting a new standard in blockchain accessibility and user experience through its pioneering Chain Abstraction Protocol. Built as the first Externally Owned Account (EOA) wallet to leverage Chain Abstraction, Arcana Wallet enables a frictionless, multi-chain experience where users can spend assets across Ethereum, Base, Poly
Arcana Network is thrilled to announce the launch of the Arcana Wallet Beta, now available on the Chrome Store, setting a new standard in blockchain accessibility and user experience through its pioneering Chain Abstraction Protocol. Built as the first Externally Owned Account (EOA) wallet to leverage Chain Abstraction, Arcana Wallet enables a frictionless, multi-chain experience where users can spend assets across Ethereum, Base, Poly