Bitget Wallet Launches ETH Staking Feature with Up to 10% Yields

Bitget Wallet, formerly known as BitKeep, is a decentralized multi-chain digital wallet that provides a comprehensive portfolio of services, including wallet functionality, an integrated swap feature, NFT Marketplace, DApp Browser, and Launchpad. It is a top-rated wallet on both Google Play and the iOS App Store globally and supports over 250,000 types of cryptocurrencies across […]

ethOS Phone Pre-Sales Sell Out in Under 24 Hours, Solana Saga Price Cut by 40%

The ethOS phone, a mobile device that supports EVM chains and layer 2s, sold out its pre-sale stock in a single day. This is in stark contrast to the Solana Saga phone, which has seen its price drop by 40% and has only sold 2,120 units since its launch in April 2023.The ethOS phone is […]

ShimmerEVM Testnet Achieves 700 TPS During Spam Attack

The IOTA Foundation has been working to bring the ShimmerEVM mainnet to the market. Web3 Builder and Venture Fund Nakama Labs has recently shared an update on how it’s battle-testing the ShimmerEVM beta version by conducting some spam attacks on ShimmerEVM. The testnet chain has achieved a peak of 700 transactions per second (TPS), resulting […]

XRP Price Analysis: Golden Cross Could Signal Bullish Trend, But Risks Remain

XRP tokens worth $1.5 million were recently acquired, sparking discussions within the crypto community and hinting at the possibility of an impending price surge. This strategic move has been seen before in the cryptocurrency market, leading to substantial price fluctuations. The identity of the purchaser and the motive behind this investment remain undisclosed.This occurrence recalls […]

PayPal’s PYUSD Charting a New Frontier in the Cryptocurrency Landscape

PayPal has recently made a groundbreaking move into the cryptocurrency market with the introduction of its stablecoin, PayPal USD (PYUSD). This digital asset is designed to facilitate secure and effortless virtual transactions, particularly within the realm of blockchain technology. PYUSD is backed by tangible assets such as USD deposits and short-term U.S. treasuries, ensuring its […]

Bitcoin Price Dip Fails to Shake Long-Term Holder Confidence

Bitcoin’s recent price drop from $29,400 to $25,000 has not shaken the confidence of long-term holders. This is evident in the on-chain metric of Bitcoin’s reserve risk. This metric is important as it reveals insights about Bitcoin’s long-term potential. Analyzing this metric can help investors make informed decisions about their investment strategies. Information Details Geography […]

US Government Debt Reaches Historic High as Fed Pursues Financial Repression

The US government’s debt is rising at a historic rate, with $97.7 billion added to the national debt between August 16th and August 22nd, bringing the total to $32.759 trillion. Finance guru Larry Mcdonald has analyzed the US government’s spending over the last two decades, noting that since 2020, the US government has spent a […]

Fed Chairman Powell Reaffirms 2% Inflation Target, Odds of Rate Hike Rise

The Federal Reserve is committed to bringing inflation down to 2%, according to Chairman Jerome Powell’s speech at the Jackson Hole Symposium. Despite some economists suggesting that achieving this target may be difficult, Powell reiterated that the Fed remains committed to the goal. The odds of a rate hike at the Fed’s next meeting in […]

Coinbase-Backed Base to Receive 118 Million OP Tokens in Six-Year Grant from Optimism Foundation

The Optimism Foundation and Base, a Coinbase-backed Layer 2 platform, have announced a proposal to share governance of OP Chains. Base will receive a grant of 118 million OP tokens spread over six years, in order to reward their contributions to scaling Ethereum and the OP Stack. The grant also ensures Base’s long-term commitment to […]

XRP20 Coin Set to Surge After 5% Burn Event Announced

XRP20, a decentralized exchange (DEX) token, has been trading on Uniswap since August 22. Despite the general crypto market weakness, its price has been resilient. Today, the XRP20 team announced that 5% of the total token supply will be burned, reducing the total supply and creating greater scarcity. This burn event is in addition to […]