Last week, digital asset investment products saw an influx of $103 million from institutional investors. While $7.9 million went into Ethereum, $6 million went into Solana. Bitcoin was yet again at the forefront with $87.6 million. With a growth of over 50% from November, the Solana network now has over
December 25, 2023 2 mins read
Justin Sun, founder of Tron, provided an update that might increase liquidity on the Solana blockchain, which could be relevant given the 61% price surge in Solana (SOL) since December 1, 2023. Because of the recent spike in SOL Price, Solana’s market value briefly surpassed Binance Coin’s (BNB). Sun revealed
December 22, 2023 1 min read
The widespread speculation that a Bitcoin Spot ETF is soon to be approved seems to be pumping investors’ optimism. Industry sentiment is becoming stronger as several industry professionals and organizations have said that the SEC might approve a Bitcoin Spot exchange-traded fund (ETF) as early as January 2024. The widely
December 22, 2023 2 mins read
The founders of the crypto hedge fund Three Arrows Capital (3AC) have had assets worth about $1 billion frozen by a court in the British Virgin Islands. This development has been verified by Teneo, the fund’s liquidator to Bloomberg. According to an email from liquidator Teneo, the court has granted
December 21, 2023 2 mins read
The Central Bank of Ireland (CBI) has approved Ripple as a virtual asset service provider (VASP), marking another regulatory milestone for the company in Ireland. With its addition to the CBI’s list of registered VASPs, Ripple is now able to provide specific digital asset services in Ireland, the company said
December 20, 2023 2 mins read
Data shows that open interest in Bitcoin options on the CME has hit a record high. Options open interest on bitcoin futures contracts at CME has surpassed $2 billion in the last 24 hours. Consistent with this conclusion, Velo Data reports a $2.1 billion peak in options open interest on
December 20, 2023 2 mins read
Two months of training on the Cardano platform for developers took place in Nairobi, Kenya, thanks to a new partnership between IOG Education and the Africa Blockchain Center (ABC). This course was designed to help close the skills gap in blockchain development, which is becoming more important in countries like
December 20, 2023 2 mins read
A resurgence of interest in the possibility of the spot Bitcoin ETF launch in the U.S has sent the price of Bitcoin soaring beyond $43,000. With the SEC expected to reach a final ruling on spot ETFs in early January, the revelation that asset management BlackRock has amended its policy
December 19, 2023 2 mins read
Solana Saga phone sales on eBay have recently reached $5,000, which is far more than the original retail price, indicating an exceptional spike in the market. The anticipated profitable airdrops in the future and the general uproar around BONK, a memecoin based on Solana, are the main factors propelling this
December 18, 2023 2 mins read
The weekend saw a jump in network transaction fees across all blockchains, as the need for block space was driven by the Ordinals inscriptions frenzy, which isn’t limited to the Bitcoin network. Gas fees surged over the weekend due to an explosion of Ethereum Virtual Machine (EVM) chain inscriptions. Dune
December 18, 2023 1 min read
