Finally, the “uptober” effect, long awaited by investors, began to be seen. Overall, there are optimistic expectations for cryptocurrencies between now and the end of the year. Demand for bitcoin (BTC) exchange-traded funds (ETFs) in the United States has skyrocketed this week, putting upward pressure on the price of the currency. 1.86 billion dollars (USD) … Read more
In June 2024, Marathon announced that it was mining Kaspa. The price of kaspa (KAS) has been trending sideways since May. Marathon Digital Holdings (MARA), the largest Bitcoin mining company in the world, has not yet managed to see fruits in its foray into mining kaspa (KAS), a cryptocurrency that promised high profit margins, but … Read more
So far this month, the profit of validators is only USD 86 million. The profitability of validating on Ethereum reached $2.24 billion at cycle peaks. The profitability of staking Ethereum is not at historic lows, but close. Data on-chain shows that in June there was a turning point in the profits of validators, who had … Read more
In September, 220 million addresses interacted with a cryptocurrency network. The number of active addresses has tripled since September 2023. The number of cryptocurrency addresses that are active monthly has reached a new all-time high of 220 million. This figure triples the amount at the end of last year, indicating significant growth in activity in … Read more
The growth of stablecoins means more liquidity to buy bitcoin and cryptocurrencies. “This will probably be one of the main drivers in a bull market,” says analyst. The market capitalization of USD Tether (USDT) and other stablecoins has been increasing steadily for just over a year. And not only that, but it is reaching outstanding … Read more
At an event held this Thursday in San Francisco, California, representatives of Worldcoin announced a significant change in the brand. Worldcoin will now be renamed “World”. The event was also the platform for the launch of “Orb 2.0”, a second generation of iris scanners which have been distributed in more than 160 countries. The new … Read more
According to the majority of bets on the Polymarket platform, bitcoin (BTC) will reach higher prices in the remainder of October. In an open call on the platform about what price bitcoin will reach in October, 62% of the money is bet on the $70,000 (USD). The value invested in this projection is almost USD … Read more
Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, accumulating $20 billion since their launch. According to the SosoValue datathe total accumulated net inflow is $20.19 billion as of the close of October 16. This is a milestone achieved in less than a year since the launch of these products, which was in January. The … Read more
The stablecoin market has increased during the third quarter of the year, especially that of one in particular: PayPal USD (PYUSD). During this period, the dominance of stablecoins in the cryptoasset market increased by 3%, representing almost 7% of the total. This was partly due to the dominance of the niche’s top two assets, tether … Read more
In September 2023, Solana had the least network activity after the exchange crash. Volumes on DEX have a growth that Hashdex describes as “impressive.” The Solana network has seen a resurgence since late 2023, returning to activity levels prior to the FTX exchange collapse. Although FTX was a crucial pillar for the project, Solana has … Read more