The crypto market faced significant turmoil as Bitcoin’s price dropped below $95,000 after reaching $100,000. Bitcoin is trading at $98,161.25, marking a notable 5.10% decline in a single day. Bitcoin’s market cap stands at $1.94 trillion. The 24-hour trading volume stands at $130.86 billion, up 17.68% from the previous day.
Following a period of consolidation within $99K–$95K, Bitcoin touched the $100K mark on December 5, propelling the second largest cryptocurrency, Ethereum, and other leading altcoins to new highs. ETH has been marking its upward trajectory for the past few days. Analysts believe that if Ethereum could stage strong bullish signals,
Spacecoin is excited to announce that on December 21, 2024, it will launch CTC-0, its first satellite. The launch marks the beginning of Spacecoin’s audacious plan to establish the first decentralized space-based internet service provider (ISP) in history that can fulfill the Internet’s original promise of unrestricted, free access for anyone.
Together, Creditcoin, Spacecoin, Sui, and Walrus formed a strategic alliance to work together on a new decentralized finance initiative that combines their respective strenghts in computation, storage, and internet access. Through decentralized satellite infrastructure, this partnership seeks to increase connectivity and access to financial services, particularly for underprivileged and remote regions. Decentralized
In order to support a new generation of crypto apps that were previously impossible, Layer N, the high-performance blockchain project backed by Peter Thiel’s Founders Fund, has announced its transformation into N1, a full-stack app-centric Layer-1 blockchain built to emphasize scalability and speed. The goal of N1 is to enable onchain
As Ethereum approaches the psychologically significant $4,000 level, a threshold not seen since March 2024, multiple on-chain indicators suggest the potential for continued upward movement. The convergence of increasing whale accumulation and favorable market metrics paints a picture of growing institutional confidence in ETH’s value proposition. Ethereum Market Value to
Decentralized AI identification blockchain Matchain and io.net, the leading decentralized compute network, have partnered. io.net, Matchain’s official compute partner, will provide GPU infrastructure to enable a range of Matchain ecosystem applications. As part of the collaboration, io.net will provide decentralized GPU infrastructure, which will make infrastructure administration easier for Matchain developers.
The EOS mainnet is now supported by Ceffu, Binance’s institutional custody partner, according to a recent announcement from the EOS Network Foundation (ENF). Through Binance’s MirrorX integration, this cooperation offers institutional-grade custodian services while opening up additional CeDeFi prospects for holders of EOS tokens. Institutions may use multi-party computation (MPC)
Prominent Web3 payments infrastructure provider Transak is thrilled to announce that it has integrated with Phantom, one of the cryptocurrency ecosystem’s fastest-growing non-custodial wallets. This collaboration represents a major advancement in the accessibility and use of digital assets for a worldwide audience, made possible by Meld, a global on-ramp and
Dogecoin (DOGE), the dog-themed meme coin, is riding the wave of Bitcoin’s rally, which is currently trading at $102,883. If Dogecoin sustains the upside trajectory, it can post notable gains to inch closer to its ATH. The market of DOGE has picked up an upward trading momentum over the past
