A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Historically, September has been a challenging month for financial markets, including the cryptocurrency sector. Over the past decade, Bitcoin (BTC) has declined during September in 8 out of 11 years, with an average drop of around 8%. This pattern aligns with broader market trends, as September tends to be bearish
September 3, 2024 2 mins read
Mark T. Uyeda, a commissioner at the U.S. Securities and Exchange Commission (SEC), has called for a specialized S-1 registration form tailored to digital asset securities. Speaking during a fireside chat at the Korea Blockchain Week 2024 event in Seoul, Uyeda emphasized the need for the SEC to adopt a
September 3, 2024 2 mins read
Ethereum, the leading altcoin, has shown signs of recovery after a challenging month, where it declined by 14%. In the past 24 hours, ETH surged to $2,563 before settling at $2,520.29, marking a 2.65% decline. It traded within the range of $2,434 and $2,563, but trading volume fell by 3.27%.
September 3, 2024 2 mins read
The Qatar Financial Centre (QFC) has officially launched its QFC Digital Assets Framework 2024, a regulatory regime designed to bolster the digital asset sector within the QFC. Developed in collaboration with industry stakeholders, including exchanges, custodians, and other market participants, the framework supports Qatar’s digital transformation goals by providing guidelines
September 2, 2024 2 mins read
The TON blockchain processed an unprecedented 46 million transactions in a single week, according to blockchain analytics firm IntoTheBlock. This surge in activity has been largely attributed to the recent excitement surrounding the DOGS token airdrop. The TON blockchain processed over 46 million transactions last week, driven by the excitement
September 2, 2024 2 mins read
Solana’s [SOL] NFT market demonstrated notable resilience in August, emerging as the second-highest blockchain by NFT sales volume, only trailing behind Ethereum [ETH]. According to data from Coin98 Analytics, Ethereum recorded $131 million in NFT sales, while Solana followed closely with $79 million. Bitcoin [BTC] also made it to the
September 2, 2024 2 mins read
The cryptocurrency market continues to languish in a prolonged bearish phase, with major cryptocurrencies hitting new lows and altcoins suffering double-digit declines over the past week. The global market capitalisation currently stands at $2.02 trillion, reflecting a 1.39% decline, while trading volume has surged by 68% in the past 24
September 2, 2024 2 mins read
Vitalik Buterin, co-founder of Ethereum, has once again captured the crypto community’s attention with a major ETH transaction. According to Lookonchain, Buterin recently transferred 800 ETH, valued at approximately $2.01 million, to a multisig wallet. Shortly thereafter, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged
August 31, 2024 2 mins read
Coinbase CEO Brian Armstrong has marked a significant milestone in cryptocurrency and artificial intelligence integration. On August 30, Armstrong revealed via X that Coinbase has facilitated its first AI-to-AI cryptocurrency transaction. This breakthrough signifies a major advancement in the way AI interacts with digital currencies. Armstrong detailed the transaction process,
August 31, 2024 2 mins read
Bitcoin, the world’s largest cryptocurrency, recently plummeted to a two-week low of $57,701, with its price fluctuating between $57,768 and $59,896. Over the past seven days, Bitcoin has seen a 7% decline, while its 24-hour trading volume has decreased by 9%. This downward trend has sparked concern within the crypto
August 31, 2024 2 mins read