A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
ZetaChain (ZETA), an interoperability-focused Layer-1 blockchain, experienced a six-hour outage on Thursday, halting deposits and withdrawals. The network’s interruption was caused by a consensus failure linked to a recent update deployed to a limited number of validators, necessitating a rollback to node software version 20.0.5. At approximately 11:53 p.m. UTC,
November 1, 2024 2 mins read
The U.S. digital asset sector has faced mounting costs exceeding $400 million in dealing with enforcement actions brought by the Securities and Exchange Commission (SEC) under Chair Gary Gensler. The Blockchain Association highlighted this figure, compiled and released in partnership with global markets research firm HarrisX, on Thursday, emphasizing the
November 1, 2024 2 mins read
Chainlink (LINK) experienced a significant price surge in the past 24 hours, reaching an eight-day high of $12.01 before stabilizing around $11.99. This 5% daily increase has brought new investor confidence, despite a 1% decline in trading volume and a challenging week with LINK’s price dropping to $10.70. The recent
October 30, 2024 2 mins read
In the latest market shift, Dogecoin (DOGE) has surged by 14% over the past 24 hours, reaching a four-month high of $0.1684, as its trading volume skyrocketed 119%. This rally comes amid Bitcoin’s surge past the $71,000 mark, which has contributed to renewed interest in the memecoin sector, with DOGE
October 29, 2024 2 mins read
Shiba Inu (SHIB) has been experiencing a surge as Bitcoin hit a three-month high, pushing past the $71,000 mark. It jumped 11% in the past 24 hours, with trading volume up 199%. Despite this recent spike, SHIB has seen a 5% drop over the past month, underscoring the volatile landscape
October 29, 2024 2 mins read
T-Rex’s 2x leveraged MicroStrategy ETF (MSTU) has surged in performance, now ranking among the top 1% of all ETFs by daily trading volume. Launched just six weeks ago, MSTU has posted a 225% gain, translating to an annual equivalent growth rate of 57,000%. This exponential rise is attributed to MicroStrategy’s
October 29, 2024 2 mins read
Bitcoin hit a three-month high, surging past $71,000 and providing relief for traders weary of the coin’s prolonged consolidation. But alongside this surge, the ongoing legal drama between Coinbase and the U.S. Securities and Exchange Commission (SEC) escalated. Coinbase CEO Brian Armstrong recently voiced strong criticism of the SEC on
October 29, 2024 2 mins read
October, often dubbed “Uptober” by crypto enthusiasts, turned out to be a disappointment for many in the cryptocurrency space. The anticipation of bullish momentum was palpable at the beginning of the month, with analysts predicting $70K rally for Bitcoin (BTC) and other altcoins. However, as the month unfolded, the reality
October 28, 2024 2 mins read
Solana (SOL) has been on an upward trajectory, defying the overall “Uptober” slump that hit many altcoins. Recently, Solana reached a three-month high at $179, marking a 13% increase in the past month and a 2% rise within 24 hours, with trading volumes also up by 28%. The question remains,
October 28, 2024 2 mins read
XRP, one of the most prominent altcoins, continues to face challenging market conditions as it struggles to maintain investor confidence. Despite attempts to break out of its consolidated phase, the coin remains below the $0.55 resistance mark, with a recent 13% dip over the past month and a 7% drop
October 28, 2024 2 mins read