Inflation in the United States came in at 1.8% in September, according to the long-awaited Producer Price Index (PPI), when market forecasts had it at 1.6%. Inflation is on the rise, and investors are worried about what it may mean for Bitcoin and other cryptocurrencies in light of recent US
October 11, 2024 2 mins read
The memecoin launchpad on BNB Chain, GraFun, has announced a first week that broke all previous records. More than 850,000 unique users submitted 130M requests to GraFun on the first day of its debut. The platform has enabled the launch of thousands of tokens and kept running efficiently in spite of the strong
October 11, 2024 2 mins read
CARV, the biggest modular identity and data layer for gaming and AI, has announced the launch of its native utility token, $CARV. Built on Base, the token is now accessible on eight centralized exchanges, such as Bybit, Kucoin, and Bitget. This represents a noteworthy advancement in CARV’s objective of transforming data ownership.
October 10, 2024 3 mins read
With a focus on tracking AI firm performance and the Real World Assets (RWAs) powering generative AI, Truflation, a leading provider of real-time financial data, is thrilled to announce the debut of the AI Index. The launch coincides with a critical juncture in the $44.89 billion worldwide generative AI industry (Statista).
October 8, 2024 3 mins read
Despite a general market slump, weekly sales of non-fungible tokens (NFTs) reached a high, surpassing levels not seen since August. The NFT market tracker CryptoSlam reports that sales peaked at around $84.9 million per week from September 30th to October 6th. Since the week ending August 25, when it surpassed
October 7, 2024 1 min read
Once again, Charles Hoskinson, founder of Cardano, has criticized the Solana network and lauded the Sui network. Despite Hoskinson’s effusive appreciation for Sui, he insisted that Cardano is still the number one and provided reasons for his belief. A top layer-1 blockchain, Solana, isn’t the best choice. Cardano’s founder said
October 6, 2024 2 mins read
Nearly half of American voters (49%) say a candidate’s pro-cryptostance is significant when picking them, according to a recent poll by ConsenSys and HarrisX. Furthermore, 62% are prepared to vote against their party’s candidate in order to support a candidate that is pro-cryptocurrency. The survey also revealed that a whopping
October 5, 2024 2 mins read
In its unaudited fiscal year report, CleanSpark, a Bitcoin miner, said on October 4 that their hashrate had increased by 187% over the past year. The company’s total Bitcoin mined for the fiscal year reached 7,098 with 493 mined in September. It has 188,520 miners on the go with an
October 5, 2024 2 mins read
Ripple, a prominent provider of digital asset infrastructure, has teamed up with Mercado Bitcoin, the biggest cryptocurrency exchange in Brazil. On October 2, the SEC sought to overturn a ruling made by Judge Analisa Torres by filing a notice of appeal in the case. After a court ruled in 2023
October 3, 2024 2 mins read
With the addition of indices trading, Bybit—the second-largest cryptocurrency exchange globally based on trade volume—has enhanced its MetaTrader 5 (MT5) platform even further. Bybit customers now have access to international markets, including important benchmarks in China and Hong Kong, thanks to this new feature. Using Bybit MT5, cryptocurrency investors may
October 3, 2024 2 mins read
