Ethereum Layer-2 Networks Drive Stablecoin Market to Record Highs
TL;DR Ethereum Layer-2 networks reach a new record with over $13.5 billion in stablecoins locked. Arbitrum One and Base lead among Layer-2 platforms, with over...
Tag : Crypto Market
Crypto VC Deals Surge by 16% in 2024, But Investment Value Remains 20% Lower
by jose
TL;DR The year 2024 saw a 16% increase in venture capital (VC) deals within the cryptocurrency sector, highlighting growing interest in blockchain technology and digital...
Ark Invest Sells $3.9 Million in Coinbase Shares as Part of ARKF Fund Rebalancing
TL;DR Ark Invest sold 13,780 Coinbase shares for $3.9 million as part of a rebalancing of its Fintech Innovation ETF (ARKF). The sale occurred after...
Polygon Faces Market Turbulence as Whales Dump $41.2M in POL Tokens
by jose
TL;DR Polygon (POL) has faced significant market turbulence as Whales offloaded 80 million POL tokens worth $41.2 million, leading to a notable price decline. The...
Ethereum ETF by BlackRock Surpasses 1 Million ETH
TL;DR BlackRock’s Ethereum ETF has surpassed 1 million ETH holdings, reaching a market value of over $4 billion, fueled by significant recent inflows. The iShares...
Metaplanet Projects First Profit in 7 Years, Boosted by Bitcoin
by jose
TL;DR Metaplanet, a Tokyo-based investment firm, expects to record its first consolidated operating profit in seven years, driven by its strategic pivot to Bitcoin. The...
Bitcoin Surpasses $100,000, Attracting First-Time Investors
TL;DR The price of Bitcoin has surpassed $100,000, attracting new investors who were previously skeptical of cryptocurrencies. Donald Trump’s victory in the elections and his...
Binance Unveils New Blockchain Project on Launchpool
by jose
TL;DR Binance has added Vana (VANA) to its Launchpool platform, a native Layer 1 blockchain compatible with Ethereum Virtual Machine (EVM) designed for data ownership...
