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Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%

[Apr 13, 2023 10:00 AM] On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000…

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

[Apr 12, 2023 3:30 PM] According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S…

Twitter Changes Bird Logo to Picture of Doge, Dogecoin Price Surges 23% After the Change

[Apr 3, 2023 2:30 PM] On Monday, Twitter users noticed that the traditional blue bird logo had been replaced by a cartoon picture of Doge. Meanwhile, the leading meme coin cryptocurrency, Dogecoin, jumped 23% higher against the U.S. dollar after the logo change. Twitter…

Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday

[Mar 19, 2023 1:30 PM] Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the…

Why The Crypto Market Cycle Could Be In “Disbelief” Phase 

[Mar 8, 2023 7:15 PM] All markets are cyclical, but few show such recurring cyclical performance like the crypto market. Bitcoin, for example, rallies every four years like clockwork revolving around the halving event — an event which slashes the new flow of supply in…

Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

[Mar 1, 2023 9:00 AM] Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates…

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

[Feb 25, 2023 1:00 PM] After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market…

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

[Feb 21, 2023 3:30 PM] Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from…

Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume 

[Jan 29, 2023 9:30 AM] Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on…

Bitcoin Sellers Exhausted, Accumulators HODL The Line

[Jan 27, 2023 2:25 PM] Bitcoin supply-side dynamics and on-chain indicators look to be as strong as ever, but macroeconomic headwinds remain for legacy and risk assets.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium…

Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

[Jan 14, 2023 1:30 PM] Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that…

Bitcoin Volatility Hits Historic Lows Amid Market Apathy

[Jan 7, 2023 2:00 AM] The brunt of the price-based capitulation has already been felt, while the real pain ahead is a waiting game for the market to finally turn around.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium…

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

[Dec 30, 2022 2:30 PM] At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes…

Solana Struggles to Remain in the Top 20 as Prior Ties to FTX and Alameda Wounded the Project

[Dec 16, 2022 12:30 PM] Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last…

What’s In Store For Cardano This December – Will ADA Be Merry Before Christmas?

[Dec 4, 2022 5:08 AM] Cardano (ADA) exited the month of November with its total market capitalization and its blockchain’s total value locked (TVL) taking a heavy hit from the FTX collapse that dragged down the entire crypto market. According to data from CoinMarketCap…

Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

[Nov 25, 2022 1:30 PM] Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give…

Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage

[Nov 16, 2022 2:30 AM] During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten days show the floor value of Cryptopunks NFTs…