Galaxy Fox Gains Momentum, Solana Challenges Ethereum’s Dominance

The cryptocurrency market is currently bullish, with some experts predicting that Solana (SOL) could potentially overtake Ethereum (ETH). In the meantime, Galaxy Fox (GFOX), a meme coin on the Ethereum platform, is gaining traction.Despite the recent contraction in Bitcoin (BTC) prices, which has also impacted Shiba Inu (SHIB), Galaxy Fox is moving forward with the […]

Ethereum Co-founder Vitalik Buterin’s Financial Advice Sparks Controversy

Ethereum co-founder Vitalik Buterin has been actively engaging with the crypto community on social media, offering financial advice that has not been well-received by Ethereum investors. On January 7, Buterin responded to a post about billionaires Bill Gates and Warren Buffett, criticizing the advice given and offering his own financial insights.The post that caught Buterin’s […]

Digital Currency Group Settles $1 Billion Debt Amid Crypto Market Challenges

Digital Currency Group (DCG) has successfully settled all its short-term loans to Genesis, a crypto lending platform. In a recent announcement, DCG revealed that it repaid a $700 million loan to the crypto broker. The company also stated that it is now current with its financial obligations, having paid over $1 billion to creditors in […]

zkSync Era Dominates Ethereum Scaling with Record Daily Transactions

zkSync Era, a Layer-2 (L2) blockchain, has continued its dominant performance into 2024, processing more transactions than any other Ethereum scaling solution. The zero-knowledge rollup (zk-rollup) has clocked more than 1.5 million daily transactions in the last 24 hours, outperforming traditional powerhouses like Arbitrum and Optimism, which stood at the second and fourth spot, respectively.A […]

Global Bitcoin Acceptance Triples Among Merchants in 2023

In a significant development for the cryptocurrency sector, the number of global merchants accepting Bitcoin payments saw a nearly three-fold increase in 2023. This information comes from BTC Map, a provider of Bitcoin merchant mapping data. The data reveals that the count of restaurants, bars, shops, and services accepting the digital asset reached 6,126 by […]

Chainlink’s Potential Growth Defended Amidst Crypto Market Predictions for 2024

As the year 2024 approaches, the cryptocurrency market is buzzing with predictions about which tokens will see significant gains. One token that is being touted as a potential long-term winner is Chainlink ($LINK), despite its current underperformance, according to crypto commentator Quinten Francois.Francois, who has a following of 107,000 on the social media platform X, […]

Whales Buy Bitcoin, Ethereum Amid Market Dip, Anticipate Quick Recovery

On January 7, 2024, a significant drop in the value of Bitcoin (BTC) and Ethereum (ETH) has drawn the attention of large-scale cryptocurrency investors, commonly known as whales. Two such investors have capitalized on this dip, making substantial purchases of Wrapped Bitcoin (WBTC) and ETH, which many believe to be at their lowest point.The whale […]

Global Decline in Bitcoin ATMs Despite Record Cryptocurrency Growth in 2023

In a surprising turn of events, the number of kiosks offering the option to purchase cryptocurrencies using cash or debit cards has been on a decline, despite Bitcoin’s record-breaking performance throughout 2023. Data from Coin ATM Radar reveals that the total count of crypto ATMs worldwide has decreased from 37,827 on January 1, 2023, to […]

Solana Outperforms Ethereum, Analyst Cites Simplicity as Key Factor

Analyst Qiao Wang of Alliance DAO has recently commented on the complexities of Ethereum (ETH) development and scaling narratives, stating that they may be too intricate for average developers and entrepreneurs. While these complexities may be “intellectually satisfying” for researchers and architects, they can appear confusing when compared to the clear objectives of Solana (SOL).Wang […]

Bitcoin Investors Brace for Possible 40% Dip in March, Says Hayes

Arthur Hayes, a renowned thought leader in the crypto industry, has warned Bitcoin investors to prepare for a potential 40% dip in March due to macroeconomic factors. In a recent blog post, Hayes highlighted three key reasons why March will be a pivotal month for Bitcoin.The Bank Term Funding Program (BTFP), established after the 2023 […]