Ethereum

The crypto revolution is here! Coinbase has just made a significant move by introducing a brand new Bitcoin token. This San Francisco-based cryptocurrency platform has launched Coinbase Wrapped Bitcoin (cbBTC), opening the doors to decentralized finance (DeFi) applications on Ethereum and Base using Bitcoin (BTC). Coinbase first teased the release of cbBTC on August 14,…

Activity on the Ethereum network shows a significant drop during August, according to recent data. Some key indicators are raising concerns among analysts and investors that interest in the network could be entering a prolonged negative phase. The current environment in the cryptocurrency market is not the most favorable for investor stimulus. This could be…

PayPal’s stablecoin, PYUSD, has ascended to become the fifth-largest stablecoin in the market, a significant milestone achieved just one year after its launch. This recent accomplishment came as PYUSD surpassed USDD, the leading stablecoin within the Tron ecosystem. With this achievement, PYUSD is now poised to climb further up the rankings on CoinMarketCap. As a…

Recent data from DefiLlama reveals a significant drop in trading volume on Solana’s decentralized exchanges (DEX) over the past week, with a decline of more than 10%. In contrast, trading volumes on Ethereum, Base, and Sui DEXs have seen increases of 12%, 11%, and a notable 77%, respectively, during the same period. To put this…

On August 5, Bitcoin and Ethereum experienced a significant drop in value, causing a stir in the cryptocurrency market. Bitcoin’s price fell below $50,000, a surprising shakeup that caught many investors off guard. Within a mere two hours, the world’s most renowned cryptocurrency plummeted 14.41% from $58,350. Despite this dramatic fall, Bitcoin has shown some…

On the eve of the ETH ETFs launch, scheduled for tomorrow, July 23, Ethereum celebrates its tenth anniversary today, marking a decade since the launch of its ICO. Meanwhile, some members of the Web3 community are organizing celebrations in honor of the second-largest cryptocurrency. Justin Drake, an official researcher at the Ethereum Foundation, was one…

Joe Biden Withdraws from Presidential Race: How Will the Crypto Market React? This Sunday, the President of the United States, Joe Biden, announced his withdrawal from the presidential race in a historic decision. While he is not the first candidate to abandon the re-election race, the circumstances surrounding his decision are unique. Analysts are eagerly…

Invesco World Delays S-1 Amendments for Ethereum ETF, Raising Concerns The financial firm Invesco World failed to meet the deadline set by the SEC for submitting corrections to the S-1 forms for a spot Ethereum ETF. The SEC had requested several changes to the documents, setting July 8 as the final submission date. Invesco’s delay…

Bitcoin: The Missing Puzzle Piece for the Internet During the Talent Land España 2024 event, Ángel Pardo presented an innovative perspective on technological evolution and Bitcoin’s impact on the digital ecosystem. Pardo, who has witnessed the three major phases of the Web (Web 1.0, Web 2.0, and Web 3.0), highlighted how each stage faced skepticism…

Comprehensive Guide to Cryptocurrencies: Essential Insights and Trends Cryptocurrencies have fundamentally transformed the financial landscape, presenting new avenues for investment and technological advancement. With a plethora of digital assets available, it’s crucial for both veteran investors and newcomers to understand the intricacies of this market. This comprehensive guide delves into key aspects you need to…