The Bitcoin network has recently experienced a significant increase in trading activity following the halving event. Despite the halving garnering attention for the cryptocurrency, the surge in trading can be attributed to the introduction of the Runes token standard. Data from on-chain analytics platform IntoTheBlock reveals that the number of daily BTC transactions has spiked
The latest on-chain data reveals a troubling trend for the Bitcoin network, as high-value transactions have been steadily declining in recent weeks. This decline in activity has not gone unnoticed, as it mirrors the struggles of the premier cryptocurrency’s price to break out of consolidation during the month of April. The past week has been
Upbit, a prominent cryptocurrency platform in South Korea, has established itself as a key player in the country’s trading landscape. Responsible for over 80% of the nation’s trading activity, Upbit has emerged as one of the top five exchanges worldwide in terms of trading volume. However, its dominant position has sparked criticism and concerns, particularly
Institutional investors in Canada have significantly increased their exposure to cryptocurrency assets over the past year, as revealed by a recent survey conducted by KPMG. The survey, titled “Institutional Adoption of Cryptoassets,” received responses from 65 participants, including institutional investors managing assets exceeding $500 million and financial services organizations. The data showed a notable rise
The meme coin sector has been experiencing remarkable growth, with tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) leading the way. Additionally, newer tokens such as dogwifhat (WIF) and Pepe (PEPE) are gaining traction due to strong community support. This surge in popularity has resulted in the sector’s market capitalization briefly exceeding $60 billion. Community
Crypto expert Peter Brandt has recently suggested that the Bitcoin top for this market cycle may have already occurred. This conclusion is based on his “exponential decay” thesis, which he believes could actually benefit the Bitcoin ecosystem. Brandt points to historical data that indicates Bitcoin’s price may have peaked, citing a significant reduction in percentage
The Bitcoin network recently achieved a significant milestone with its daily transactions hitting a new peak of 927,000. This surpassed the previous record of 724,000, which was set back in December 2023. These findings, reported by Intotheblock, highlight the increasing activity within the cryptocurrency space, driven primarily by the launch of Runes. Runes, a new
The recent buzz in the cryptocurrency world revolves around a deep learning model that projects a significant price increase for Bitcoin (BTC) in the near future. While this AI prediction has sparked excitement among investors, financial experts warn against blind faith in such forecasts. As Bitcoin continues to stagnate around the $64,000 mark, the market
The rise of NFTs has brought about a new era in the world of digital collectibles. With the introduction of ARdinals, the boundaries between physical and digital art have been blurred like never before. These augmented reality artifacts offer a unique and immersive experience for collectors and enthusiasts, bridging the gap between the crypto world
In a groundbreaking move, Verasity, an ad-tech company, has joined forces with Creo Engine, a rapidly expanding web3 gaming platform, to revolutionize the gaming experience. This partnership aims to integrate VeraViews’ video player functionality and in-game rewards into Creo Play’s extensive gaming library. Creo Engine is not just another gaming platform; it is a web3
