Bitcoin, the largest cryptocurrency, has been under bearish pressure since mid-June, dropping below $58.5K amid strong selling pressure. However, in the past 24 hours, BTC has shown signs of recovery with a modest 2% price increase and a similar rise in trading volume. This recovery coincides with the heated debate
After 4 years, the Central Bank in Bolivia has officially reversed its 2020 ban on Bitcoin and other cryptocurrencies. The Central Bank of Bolivia (BCB) announced on June 26 that it permits financial institutions to engage in cryptocurrency transactions via authorized electronic channels, line up with neighboring Argentina’s more permissive
Dogecoin is currently trading within a bullish pattern, but the lack of positive investor sentiment and behavior may hinder the cryptocurrency’s ability to confirm the pattern and initiate a significant price rally. The market is closely monitoring the dynamics surrounding DOGE, as its price movement could have implications for the
Base, the Ethereum layer-2 blockchain developed by a U.S. crypto exchange Coinbase, has marked a remarkable surge in its total value locked (TVL), surpassing Blast. According to DefiLlama, Base’s TVL stands at $1.549 billion and Blast’s TVL at $1.525 billion, a one-day change of 1.56% and 5.75% respectively. Total value
Synternet, the blockchain that powers modular data infrastructure across all major chains including Ethereum and Cosmos, has announced the launch of its mainnet on Cosmos. The achievement, which completes the Monaco phase, heralds in a new era for the decentralized data economy and allows $SYNT, the token of Synternet, to reach its
The old and well-known altcoin Ethereum Name Service (ENS) has shown a notable surge, rising over 8% in the last 24 hours. This increase comes following the announcement of an upcoming rebranding for ENS. At the time of writing, ENS is trading at $26.64 with a market cap of $834
The cryptocurrency market has been experiencing a sluggish period in recent months, marked by a significant drop below the $59,000 threshold three days ago. This decline has sent shockwaves through the market, causing widespread panic and a dramatic sell-off, especially among altcoins. Notably, Layer 2 (L2) tokens have been particularly
Today, Rarimo, a social protocol based on zero-knowledge (ZK) technology, launched its crypto app RariMe. This app introduces an innovative approach to identity verification, challenging established systems like Worldcoin’s. RariMe allows users to generate passport zero-knowledge proofs using smartphones, ensuring unique identity verification without compromising personal data. Unlike traditional frameworks
Marathon Digital Holdings, a leading digital asset technology firm and one of North America’s largest Bitcoin miners, has announced the commencement of Kaspa mining operations. According to Adam Swick, Marathon’s Chief Growth Officer, the move into Kaspa mining aims to diversify revenue streams away from Bitcoin while leveraging their expertise
Fenix Finance announced the completion of a $300,000 seed fundraising round lead by Layer 3 protocol Orbs. The Blast network’s unified trading and liquidity marketplace will be developed by Fenix with the help of the seed funding. Orbs’ investment will expand its current support for Fenix in its role as
