Coinspeaker Powerloom Tops 1B Data Snapshots Ahead of Mainnet Launch

Powerloom, a new decentralized data system for blockchain applications, has reached a remarkable milestone. As shared with Coinspeaker, the protocol revealed that its Snapshotter nodes had collected over one billion real-time data snapshots. This milestone comes after the launch of Powerloom’s testnet in February 2024.

This achievement shows that Powerloom’s potential and impact are growing, with more than 5,300 Snapshotter n

Coinspeaker French Banking Giant BPCE Enters Crypto Arena with Regulatory Green Light

France is witnessing a financial evolution as BPCE, one of its largest banking groups, steps into the world of crypto. BPCE’s crypto subsidiary, Hexarq, has recently secured approval to start its crypto operations from the Autorité des Marchés Financiers (AMF), the country’s financial markets regulator. 

This significant development reflects growing regulatory acceptance of cryptocurrency innovations. Also, i

Coinspeaker Ethereum Layer-2s Hit Record Highs with $13.5B in Stablecoins Locked

The stablecoin ecosystem is hitting new milestones, with Ethereum layer-2 networks at the center of the action. As of December 20, stablecoins worth $13.5 billion are locked on Ethereum’s layer-2 platforms amid growing adoption in crypto payments and remittances, according to Tie Terminal’s latest data.

Photo: The TIE Terminal

Arbitrum One and Base have emerged as key contributors to this development. Data from D

Coinspeaker Are Long-Term Holders Fueling Bitcoin Price Slump?

According to market data, Bitcoin BTC $97 330 24h volatility: 3.4% Market cap: $1.92 T Vol. 24h: $130.96 B trades around $94,500. This marks a 13% drop from its All-Time High (ATH) of roughly $108,000. This latest price correction is the most significant since early November, following the U.S. elections and President-elect Donald Trump’s victory. 

Market analysts recently hinted that Bitcoin’s Long-term holders (LTHs) and Short-te

Coinspeaker Tether Exit Puts Europe at Disadvantage amid Donald Trump’s Crypto Push

Markets in Crypto Assets (MiCA), the crypto regulations in the European Union, will go into full force by the end of the year which could potentially put the continent at a disadvantage especially when pro-crypto President-elect Donald Trump resumes office next month in January.

In preparation for the MiCA regulations to kick in, several European crypto exchanges have delisted Tether’s USDT stablecoin USDT $1.0

Coinspeaker Bitget Announces Strategic Partnership with Swiss-based Fiat24 to Enhance $BGB Token Adoption

Bitget ($BGB) cryptocurrency exchange, a top-tier CEX with more than 45 million globally registered users, has announced a strategic partnership with Swiss-based Fiat24. According to the announcement, the partnership between Bitget and Fiat24 will expand the cryptocurrency use cases in more than 65 countries, more so BGB BGB $4.15 24h volatility: 9.0% Market cap: $5.77 B Vol. 24h: $567.30 M

Coinspeaker Best Altcoins to Buy This Dip: Top Crypto Investment Strategies for December 2024

The altcoins are freefalling as the US and global market turmoil keeps a bearish shade over crypto. With Bitcoin losing the $100K mark and $2 trillion valuation, the high momentum correction puts bears in the driving seat.

While this may seem concerning to some, viewing it as an opportunity for strategic investors is important. Amid volatile and uncertain conditions, altcoins at discounted levels pres

Coinspeaker Revolut Expands Crypto Offering with Binance Chain Support, CZ Surprised by Development

Revolut has expanded its crypto offering by adding Binance Coin BNB $651.9 24h volatility: 7.2% Market cap: $94.67 B Vol. 24h: $3.35 B , giving users more trading options. On his official X page, Binance co-founder and former CEO Changpeng Zhao (CZ) shared that Revolut has started supporting BNB. The former CEO stated in the post that he learned about the development minutes before announcing it

Coinspeaker Coinbase’s Base Platform Trumps Ethereum in User Growth amid Strong Demand

In its latest report, Flipsight noted that Coinbase‘s Layer-2 blockchain network Base has registered massive user growth averaging 1.56 million new users throughout 2024 and outperforming giants like Ethereum. In October alone, the Base network added 13.7 million new users thereby making it the fastest-growing chain.

Although the Ethereum network has further solidified its position with a steady dominance in

Coinspeaker Metaplanet Raises $61M to Acquire More Bitcoin

Metaplanet Inc, also referred to as Asian MicroStrategy, has raised 9.5 billion yen, which is equivalent to approximately $61 million, to acquire more Bitcoin BTC $95 474 24h volatility: 6.3% Market cap: $1.89 T Vol. 24h: $125.34 B . The Japanese firm secured the capital in two tranches of bond issuance. The first was a resolution to issue 5 billion yen, or $31.9 million, as the fifth ordinary bond, and the other 4.5 billion yen ($28.7

Coinspeaker Bitcoin’s 10% Crash Drops Active Wallets: Here’s Why Now Is Perfect Time to Buy BTC before 2025

With the crypto market liquidation reaching $1.1 billion in the last 24 hours, Bitcoin BTC $93 143 24h volatility: 9.0% Market cap: $1.84 T Vol. 24h: $121.02 B and altcoins are falling rapidly. Bitcoin is down under $95K, and the total crypto market cap, excluding Bitcoin, is down by 18% this week to hit $1.27 trillion.

The ongoing short-term correction phase in the market has dropped th

Coinspeaker Copper Technologies Withdraws FCA Application, Shifts Focus Overseas

On December 20, popular cryptocurrency custodian and infrastructure provider Copper Technologies Ltd. reportedly withdrew its application to register with the UK’s Financial Conduct Authority (FCA). This comes as the company plans to shift its focus towards expanding operations in international hubs under the leadership of its new CEO, Amar Kuchinad.

Copper, chaired by former UK Chancellor of the Exchequer Philip

Coinspeaker Bitcoin Developer Clears Air on BlackRock 21 Million BTC Supply Controversy

Bitcoin developer Adam Black has issued a statement clearing the air over the recent controversy surrounding a video by asset manager BlackRock which shows that the total Bitcoin BTC $92 889 24h volatility: 9.1% Market cap: $1.85 T Vol. 24h: $117.76 B supply of 21 million isn’t fixed. In its three-minute Bitcoin explainer video, BlackRock stated that there’s no guarantee that the Bitcoin supply cap won’t cha

Coinspeaker MemeFi and HIPPO Team Up for $75,000 Airdrop and Major Rewards Campaign

MemeFi, a tap-to-earn game on Telegram, has collaborated with another top meme coin on the Sui blockchain, HIPPO, to “kick off a season of rewards.” MemeFi explained that the HIPPO token HIPPO $0.00890 24h volatility: 24.8% Market cap: $88.40 M Vol. 24h: $60.38 M honors Moo Deng, which it describes as a fun meme.

Participants in the campaign can expect to receive $75,000 worth of HIPPO tokens through airdrops o

Coinspeaker Shiba Inu and Chainlink Announce Strategic Partnership to Enhance Interoperability for Shibarium Ecosystem

Shiba Inu SHIB $0.000020 24h volatility: 18.8% Market cap: $11.59 B Vol. 24h: $1.79 B , the largest meme coin on the Ethereum (ETH) network, has announced a strategic partnership with Chainlink (LINK) network, a top-rated decentralized oracle data provider.

According to the announcement, the Shiba Inu ecosystem, which includes the Shibarium layer two scaling solution on the Et

Coinspeaker Ethena (ENA) Price Below $1: Will Whales Prevent Further Decline?

With a market cap of $2.619 billion, Ethena ENA $0.90 24h volatility: 21.4% Market cap: $2.63 B Vol. 24h: $1.21 B is still the 50th biggest cryptocurrency, boasting a positive return of 68% over the past 30 days. However, the ongoing correction concludes the long-coming bull run.

Selling pressure has put crucial support levels at risk, and ENA price has cracked below $1. Ethena price analysis paints a short-term exte

Coinspeaker Ethereum ETFs See Major Outflows as Crypto Market Faces Turbulence

December 19 marked a gloomy day in the US spot Ethereum exchange-traded funds (ETFs) landscape, as total net outflows reached $60.47 million. This marked the end of an 18-day streak of positive inflows.

The Grayscale Ethereum Trust (ETHE) led the negative trend, accounting for $58.13 million in outflows. Other prominent players, including Bitwise Ethereum ETF (ETHW), Invesco, and Grayscale’s mini ETFs, recorded smal

Coinspeaker Bitcoin, Ethereum Combined ETFs from Hashdex and Franklin Templeton Approved by US SEC

On Thursday, the US Securities and Exchange Commission (SEC) approved crypto index ETFs from Hashdex and Franklin Templeton offering exposure to the top two crypto assets: Bitcoin BTC $95 359 24h volatility: 6.3% Market cap: $1.89 T Vol. 24h: $91.84 B and Ethereum ETH $3 289 24h volatility: 10.4% Market cap: $395.33 B Vol. 24h: $67.76 B . The approvals include the Franklin Templeton Crypto Index E

Coinspeaker Formula 1 and Crypto.com Forge Long-Term Partnership Through 2030

Crypto trading platforms Crypto.com and Formula 1 have extended their collaboration to 2030. The two brands have been in partnership since 2021. Crypto.com wrote on its X page that the renewed partnership will bring more unforgettable moments.

The collaboration demonstrates remarkable success for both parties. Formula 1’s viewership has soared to 1.5 billion for its Grands Prix broadcasts, with its global fan base ex

Coinspeaker Craig Wright Gets One-Year Sentence for Contempt of Court

Self-acclaimed Bitcoin creator Dr Craig Wright has received a reprimand for contempt of court. Consequently, he received a one-year jail sentence and two years suspension for this offense. Alongside this sentence, he still has to pay £145,000 in costs within a fortnight.

The Australian computer scientist started a legal claim against cryptocurrency developers for 900 billion pounds, worth over $1 trillion. The suit hinges on