Shiba Inu climbed 2% to $0.000014, its highest level since May, driven by Ethereum’s 16% weekly surge. On-chain data shows average transaction size increased 350% in ten days, indicating growing trader confidence and larger bet sizes.
Ripple’s XRP maintains sideways movement near $2.90 following an impressive eight-day rally, with new California government partnerships potentially setting up the next breakout phase.
Chainlink and the Blockchain Association introduced a comprehensive evaluation system measuring each US state’s blockchain and cryptocurrency policy advancement across six key categories.
Fidelity’s custody arm, National Financial Services, recently secured a 12.9% stake in Metaplanet, after it acquired 84.4 million shares, worth approximately $820 million.
Crypto liquidations totaled $469 million, with 125,578 traders affected as Bitcoin, Ethereum, Solana, and Dogecoin entered the spotlight.
Ahead of the June CPI report, the crypto market is showing volatility, with Bitcoin retreating 5% from its $123,000 all-time high.
Solana’s RWA ecosystem has surged 140% year-to-date, with Ondo’s USDY capturing nearly 42% of the market.
As Bitcoin trades near new all-time highs, an increase in whale activity and massive profit-taking suggest the market may be nearing a critical inflection point.
Standard Chartered has become the first globally systemically important bank to offer spot Bitcoin (BTC) and Ethereum (ETH) trading to institutional clients.
Ripple Labs is expanding its presence in the European market with its RLUSD stablecoin.
As Ethereum crossed $3,000, institutions like Bit Digital and Tom Lee’s BitMine are ramping up their ETH treasuries.
With the BTC price pullback from the all-time highs, market analysts remain divided on the next Bitcoin trajectory, either to $135K or $50K.
A Satoshi-era Bitcoin whale has resurfaced with a billion-dollar transfer to Galaxy Digital, briefly rattling markets.
As Pump.fun (PUMP) token slid 16% to trade around $0.0058, whales accumulated millions in tokens.
The decentralized finance sector has witnessed yet another hack, right in the midst of a bull run.
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.