According to recent data, open interest in bitcoin futures and options has significantly increased over the past several weeks on a number of trading platforms. QCP Capital’s observations on Monday revealed a significant interest in long-term September and December bitcoin calls that target the high six-figure price ranges. Confidence soars as Bitcoin wagers surpass $100,000. … Read more
Since the start of the year, the amount and value of liquid staking derivatives (LSDs) have increased dramatically; since January 6, 1.56 million ether have been added to LSD protocols. In the past two months, the total value of Ethereum kept has increased by $26.85 billion. The LSD Market Is Booming: Ethereum Holdings Passs $54 … Read more
Sales of non-fungible tokens (NFTs) have increased by 35.14% over the previous week due to the growth in the value of cryptocurrencies. This is the third week in a row that the NFT industry has seen an increase in sales, with NFTs based on Bitcoin driving this trend. Sales of NFT Exceed $412 Million in … Read more
In an interesting development, Ethereum creator Vitalik Buterin has invited tech billionaire Elon Musk to learn more about Linux. Musk was displeased with a new PC notebook that required the creation of a Microsoft account in order to access it, so he did this in retaliation. Elon Musk expressed his displeasure in a tweet about … Read more
In the last few years, cryptocurrency has become a prominent participant in the financial markets, vying for a spot in the portfolios of numerous investors. It can be difficult for those who are new to the cryptocurrency market to understand the present situation of the sector and make wise decisions, though. We’ve selected a few … Read more
TLDR Recent on-chain activity for Ethereum (ETH) may be a sign of a rally. By 2024, Tron (TRX) wants to expand its stablecoin operations to include the Bitcoin ecosystem. NuggetRush (NUGX), which has raised more than $2.3 million, is leading the presale competition. In the midst of the most recent market upswing, Ethereum (ETH) gas … Read more
Co-founder of Ethereum (ETH) Vitalik Buterin has stated that he is looking forward to “Verkle trees” being introduced to the blockchain. The amount of disk space utilized by staking nodes would significantly decrease with the incorporation of the data structure. Buterin expressed his excitement over Verkle trees in a post on the social media platform … Read more
Lucas Nuzzi, Kyle Waters, and Matias Andrade have published a paper on the Social Science Research Network (SSRN) that presents a new method for determining the Total Cost to Attack (TCA) of Ethereum and Bitcoin. The thorough investigation challenges preconceived notions about blockchain vulnerability by illuminating the financial obstacles to 51% attacks. Exposing the Cost … Read more
The community’s announcement of plans to deploy the FETCH multichain bridge has led to a notable increase in interest in Shiba Inus. A storm of advances was recently marked by the announcement of the Shiba Inu community’s leading coin, Sharbi, that it will create FETCH, a unique multichain bridge that joins Ethereum, Arnitrum, and Shibarium … Read more
Sometime in the second half of 2023, the billionaire Peter Thiel’s venture capital (VC) firm Founders Fund is said to have purchased bitcoin and ethereum for $200 million. According to reports, the venture capital firm started buying bitcoin when its value was less than $30,000. New Interest in Crypto from Founders Fund Bitcoin (BTC) and … Read more