Hedera’s native token, HBAR, has captured traders’ attention with a sharp upward trajectory over the past month, gaining 216% to reach $0.171 six days ago—a seven-month high. Currently trading at $0.1525, the token is up 10.22% in the last 24 hours but remains 73% below its all-time high. Despite the
With the crypto market resisting a price slump, altcoins have continued in their upward movements. Meanwhile, other digital asset categories such as the US spot Bitcoin ETFs have set new records. The spot Bitcoin ETF has hit a new high in monthly flows as per reports. On the other hand,
Coinbase has announced the discontinuation of its USDC rewards program for users in the European Economic Area (EEA) starting December 1, 2024. The decision aligns with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which impose stringent rules on stablecoin issuers and crypto platforms. The USDC rewards program, which has
Chinese company SOS Ltd, listed on the New York Stock Exchange, announced on November 27 that it will invest $50 million in Bitcoin. This move shows the company’s growing belief in Bitcoin’s potential as a valuable asset. The company aims to use this investment to strengthen its position in the
Sam Altman-backed World Network, formerly Worldcoin, has launched a pilot for its World ID Passport Credential. The program is being tested in countries like Chile, Colombia, Malaysia, and South Korea. Which is aiming to transform online identity verification and offer users a chance to earn extra WLD tokens. With people
The Ethereum Foundation is making headlines with a substantial investment in zkVM (Zero-Knowledge Virtual Machines) technology. Researcher Justin Drake revealed on November 29 that the foundation is committing tens of millions of dollars to zkVM. The EF is investing tens of millions into zkVMs:https://t.co/XDaHyurNK9—zkRISC-V formal verificationhttps://t.co/ML0PUqliRb—Poseidon cryptanalysishttps://t.co/0Qns6MCIuu—L2beat for zkVMs, soon™
As per the latest Binance announcement, Binance futures is going to delist perpetual contracts of NEM (XEM), Orbs(ORBS), and Look Network (LOOM) tokens. Binance futures made this announcement as part of their periodic review of products and their market performance. Being one of the largest crypto exchange platforms, Binance’s announcement
Bitcoin (BTC) surged to $96,859 today and is currently trading at $96,171, reflecting a 0.55% daily gain. With a market cap of $1.90 trillion, the cryptocurrency showcases resilience, despite reduced block rewards and low transaction fees. The 24-hour trading volume spiked to $47.13 billion, accounting for 2.5% of the market
The Bitcoin rally in the crypto market has ignited the long-awaited altcoin season. Ethereum, the largest altcoin, with other altcoins, has chosen to trade on the upside over the past few days. However, the altcoin chart reveals a breakout above long-term resistance, signaling the fresh start of a bullish phase
Solana blockchain’s NFT analysis and trading platform Sol Sniper announced the launch of memecoin trading bot SniperX. It makes memecoin trading directly accessible on X and allows traders to view all the market price data on the social media platform itself. Introducing SniperX The first memecoin trading bot for X
