In a recent analysis, prominent crypto analyst Miles Deutscher argued that the real-world asset sector represents one of the most promising areas within the crypto sphere. Deutscher emphasized that this sector should form the bedrock of any crypto investor’s portfolio. Deutscher drew attention to data from the Boston Consulting Group, projecting a substantial growth…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As we look at how the industry evolved over 2023 and hope glistens for the end of the “crypto winter,” the web3 landscape is abuzz with opportunities. Yet, year after year, we…
Year’s beginning for Bitcoin is often viewed as a critical time period, where the tone for the rest of the year is set, and for traders, it is a time marked by heightened volatility and planning. The yearly opening is essentially the price at which Bitcoin starts trading on the first day of the year….
Token Unlock, a premier tracker of locked tokens, has unveiled the specifics of forthcoming unlocks across several crypto projects slated for January 29 and February 4. This disclosure sheds light on the significant value of tokens, totaling over $215.03 million, poised to enter the crypto market within the next seven days. At the forefront is…
A Reddit user from the Bitcoin subreddit has claimed a nearly miraculous stunt — guessing two Bitcoin seed phrases in under five minutes, accessing corresponding wallets that were, as expected, empty. While the post might shock some unseasoned Bitcoin users, there is a fundamental misunderstanding of how seed phrases work. Seed phrases, the linchpin of…
Solana’s decentralized exchange (DEX) Jupiter has surpassed the well-known Ethereum-based Uniswap V3 in daily trading volume. Data from SolanaFloor, a platform powered by Step Finance, indicates that Jupiter has claimed the number one spot across chains with a 24-hour volume reaching an impressive $519.8 million. New leader emerges Jupiter’s rise to the top of the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. We should not underestimate the power of narratives in the blockchain space. So much so that it has almost assumed a “chicken and egg” dynamic, where project teams seek to captivate the…
The Shibburn platform, which tracks burn transactions of the second largest canine-themed cryptocurrency by market capitalization, Shiba Inu, has recorded a massive decline in the SHIB burn rate despite the price increase staged by SHIB over the past 24 hours. SHIB burn rate falls hard According to the recent update on the Shibburn website, over…
Bitcoin’s cumulative hashrate witnessed notable swings starting in late December, with a pronounced decline occurring in mid-January. This decrease was primarily attributed to the severe cold in Texas, leading many miners to pause their operations temporarily. By Jan. 21, 2024, the hashrate’s seven-day simple moving average (SMA) dipped under the 500 exahash per second (EH/s)…
Ethereum now stands at the center of volatility risks as the defunct crypto lender Celsius prepares over $1 billion worth of Ether tokens for liquidation. On-chain analytics resource Spot On Chain and numerous crypto pundits have highlighted Celsius’ Ethereum transactions. The bankrupt lender’s most recent withdrawal frenzy saw it transfer 459,561 ETH to three exchanges….
